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On January 11, it was reported that the new M8 adopts the design language of the SUV models of the Wenjie family, equipped with through-type headlights and semi-hidden door handles. In terms of parameters, the length, width and height of the car are 5190/1999/1795mm respectively, and the wheelbase is 3105mm. In terms of appearance, the M8 and M9 are slightly different, but they are also very recognizable. Two types of wheels, dense spokes and sports, appear in the declaration picture. In terms of power, the new car will be equipped with a 1.5L range extender with a power of 118kW, and the four-wheel drive version will be equipped with a front 165kW and rear 227kW drive motor, with a maximum speed of 200km/h. The Wenjie M8 has declared 6 different versions of models this time, providing three pure electric ranges of 161/235/240km, and fuel consumption (estimated to be in the feeding state) of 6.60L/100km.On January 11, during this years CES, Luca Rossi, executive vice president of Lenovo Group and president of the Intelligent Devices Group (IDG), said in an interview with the media that AI PCs will occupy a larger market share in 2025. He predicts that the penetration rate of AI PCs will reach 40%-50% or even as high as 80% in the next two to three years. "In the next three to four years, every PC will become an AI PC."Market news: Hyundai Motor Company donates $1 million to Trumps inauguration fund.British Chancellor of the Exchequer Reeves: We will take steps to ensure compliance with fiscal rules; we are committed to preparing a budget every year, which will be published in the autumn.According to the news on January 11, in 2024, Shenzhens total electricity consumption will be 121.49 billion kWh, a year-on-year increase of 7.7%. Among them, industrial electricity consumption, service industry electricity consumption, number of residential electricity users and electricity consumption all showed a significant increase. In 2024, Shenzhens secondary industry electricity consumption will be 57.62 billion kWh, a year-on-year increase of 8.8%; among them, industrial electricity consumption will reach 55.2 billion kWh, a year-on-year increase of 8.9%.

Silver Price Prediction: Silver Markets Recover

Alina Haynes

Jun 24, 2022 15:12

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The silver market began Thursday's trading session with a sharp decline, reaching $21 per ounce. Considering that the $21 level has been significant on several occasions, I believe it is just a matter of time until volatility returns to this market. The $22 level above is a place of resistance; thus, if we do rebound, you must pay special attention.

 

The 50 Day EMA is currently at $22.39 and falling. This implies that a certain level of dynamic resistance should enter the picture. I believe that any balance will be sold because, obviously, there are several concerns over industrial demand and the rising of the US currency. Long-term, all of these factors work against silver, but inflation tends to benefit it. In such a circumstance, the only predictable response is likely to be a great deal of volatility, but that does not distinguish silver from other markets.

 

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Breaking below the $21 level enables a decline to the $20.50 level, and potentially even the $20 level. A breach of the $20 level would be extremely negative for silver, opening the door to the $18 level. If we were to rebound and break through the 50 Day EMA, it is conceivable that we may see an attempt to reach the $23 level, but I believe it would require much work.


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