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On May 31st, the Shenzhen Municipal Transportation Bureau released its April report on the operation and risks of the ride-hailing industry in Shenzhen. As of April 30, 2026, there were 26 ride-hailing platforms in Shenzhen, with 142,247 "Online Ride-Hailing Vehicle Transport Permits" and 394,872 "Shenzhen Taxi Driver Permits" issued. Data from various platforms shows that the average daily number of ride-hailing orders completed per vehicle in the city this month was approximately 13.01. The demand in Shenzhens ride-hailing market exhibits seasonal fluctuations, and the current market is generally saturated. Enterprises and individuals intending to engage in ride-hailing operations are strongly advised to fully understand relevant laws and regulations, conduct in-depth market research, objectively assess operating returns, and make rational and prudent investment and career decisions.On May 31, local time, US President Trump stated in an interview broadcast on Fox News on May 30 that the US and Iran were close to reaching a "very good deal." Trump also stated in the interview that they would get a "better deal," which should have been faster. However, Trump indicated that if a deal could not be reached, he would request the intervention of the "War Department" (i.e., the US Department of Defense). Trump stated that if he did not get what he wanted, "we will end it another way." Trump also stated that by signing an agreement, they could ensure navigation in the Strait of Hormuz, ensure Irans lack of nuclear weapons, and so on. When discussing the agreement with Iran, Trump emphasized that he was not in a hurry. "If youre in a hurry, you cant get a good deal."May 31 - According to Lighthouse Pro, as of May 31, the film "Love Letter to Grandma," produced by Damai Entertainment, has grossed 1.36572 billion yuan (including pre-sales), entering the top three of the 2026 box office chart.May 31 - According to the Japan Meteorological Agency, a magnitude 3.9 earthquake struck southern Amami, Kagoshima Prefecture, at approximately 10:58 a.m. on May 31. The maximum intensity was felt as 3, and the focal depth was 50 kilometers. There was no risk of a tsunami.May 31 – According to US sources on May 30, after the US Supreme Court ruled that the Trump administration had no right to impose higher tariffs on almost all trading partners, US companies have begun receiving tariff refunds. However, this process may be hampered by the Trump administrations planned appeal. The report states that the Trump administration indicated on May 29 that it plans to appeal a federal judges ruling. This ruling allows all importers who paid tariffs deemed invalid to apply for refunds, not just those who have filed lawsuits.

European Open DAX Rallies From Key Support European CPI Up Next

Cameron Murphy

Apr 22, 2022 10:21

Asian Indices:

  • Australia's ASX 200 index rose by 31.8 points (0.42%) and currently trades at 7,601.00

  • Japan's Nikkei 225 index has risen by 249.59 points (0.71%) and currently trades at 35,160.79

  • Hong Kong's Hang Seng index has fallen by -224.07 points (-1.07%) and currently trades at 20,720.60

  • China's A50 Index has risen by 2.55 points (0.02%) and currently trades at 13,555.26

UK and Europe:

  • UK's FTSE 100 futures are currently up 27.5 points (0.36%), the cash market is currently estimated to open at 7,656.72

  • Euro STOXX 50 futures are currently up 16 points (0.42%), the cash market is currently estimated to open at 3,912.81

  • Germany's DAX futures are currently up 69 points (0.48%), the cash market is currently estimated to open at 14,431.03

US Futures:

  • DJI futures are currently up 153 points (0.44%)

  • S&P 500 futures are currently up 119.25 points (0.85%)

  • Nasdaq 100 futures are currently up 25.75 points (0.58%)

 


Asian shares were generally higher overnight, tracking Wall Street enthusiasm. The session's leader was the tech-sensitive Nikkei, while the ASX 200 has so far rejected our forecast for a mean reversion.


Instead, it has attempted to reclaim its previous high. A closing above 7600 would be positive, but a break of yesterday's low confirms the bearish reversal (bearish pinbar) and might cause some mean reversion. A break above 7633 will take it to a new all-time high, indicating that the trend will continue.

The DAX Index Is Turning Upward In The Direction of Support

Yesterday, we expected the DAX to break over 14,200 resistance to mark the start of its second run higher, and it did it in style, hitting our first objective of 14,360. Furthermore, by beginning at the session low and ending at the day's high, it was a confident breakout. However, yesterday's chart was an intraday chart; however, we can now zoom out to the daily chart and see the wider picture.

 

On the daily chart, we can see that the retracement from the 14,935 high found support near the monthly pivot point and the Fibonacci ratio of 38.2 percent. Prices stabilized before to the breakout, but each candle was bullish, indicating that demand was there, and prices have finally broken higher from a corrective channel. Although yesterday's low might be utilized to fine-tune risk management, our bias remains positive above 13,885. The first targets are 14,600, 14,800, and finally the highs just below 15,000 dollars.

FTSE: Market Internals

FTSE 350: 4268.5 (0.40%), 21 April 2022

  • 6 stocks rose to a new 52-week high, 4 fell to new lows

  • 231 (68.14%) stocks advanced, 108 (31.86%) stocks declined

Outperformers:

  • +7.03% - Darktrace PLC (DARK.L)

  • +7.02% - Jtc PLC (JTC.L)

  • +5.88% - CRH PLC (CRH.L)

Underperformers:

  • -5.38% - Ocado Group PLC (OCDO.L)

  • -5.47% - Centamin PLC (CEY.L)

  • -14.71% - Oxford BioMedica PLC (OXB.L)


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