EUR/USD 1.17519
-0.252%
Gold 4704.80
-0.629%
Oil 96.203
0.777%
USD/JPY 157.458
0.150%
GBP/USD 1.35596
-0.364%
GBP/JPY 213.511
-0.209%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Germanys final April CPI annual rate was 2.9%, in line with expectations and down from 2.90% previously.Germanys final April CPI month-on-month rate was 0.6%, in line with expectations and down from 0.60% previously.Germanys final harmonized CPI annual rate for April was 2.9%, below the expected 2.90% and the previous reading of 2.90%.Germanys final harmonized CPI monthly rate for April was 0.5%, below the expected 0.50% and the previous reading of 0.50%.On May 12th, UBS issued a report stating that Pop Mart (09992.HK) will hold its Q1 2026 earnings call on May 13th. UBS expects Pop Marts Q1 revenue to grow by 60% to 65% year-on-year, estimated at approximately RMB 9 billion, higher than the market consensus of RMB 6 billion to RMB 10 billion. The bank anticipates that its China business will remain resilient, growing 10% quarter-on-quarter and 80% to 85% year-on-year, driven by the popularity of the Twinkle Twinkle series and seasonal factors such as the Lunar New Year and winter holidays. Conversely, overseas business is expected to decline by 40% to 50% quarter-on-quarter and grow by 30% to 35% year-on-year, mainly due to the cooling of the initial Labubu craze and the normalization of social media hype cycles in Western markets during the off-season. The bank noted that it does not rule out the possibility of further lowering its earnings forecast for Pop Mart if the "hype downturn" continues, but the current valuation already partially reflects these risks. The target price was lowered from HK$278 to HK$237.5 due to a 7% to 9% reduction in adjusted net profit forecasts for 2026 to 2028 to reflect lower revenue forecasts from overseas markets, and a reduction in the medium-term revenue growth assumption from 9.5% to 8.9%, mainly due to a lower assumption on overseas expansion. The rating remains "Buy".

Predictions for the Silver Market: A Turbulent Time Ahead

Alina Haynes

Jul 22, 2022 14:58

 截屏2022-07-22 下午2.38.00.png

 

Silver fell during Thursday's trading session, but it recovered after the European Central Bank raised interest rates, which placed downward pressure on the US dollar. I believe it is only a matter of time until sellers re-enter the market and force this commodity lower since this is a market that continues to witness a lot of noisy activity. However, there are many grounds to believe that silver's value will decline below that of the dollar.

 

Silver's demand is expected to remain weak due to low consumer demand. At this point, I believe it is best to "fade the rise," since it will likely be just a matter of time until sellers re-enter the market. We're probably going to break up soon, and the $20 level above should provide a lot of resistance on the way up.

 

The risk of loss in trading Derivatives is substantial, therefore you should only risk money you can afford to lose. Please make sure you fully understand the risks associated with trading Derivatives, and seek independent advice if required. Our Product Disclosure Statement (PDS) is available here on our site or upon request from our offices and should be reviewed prior to any transaction. Raw Spread accounts start with 0 pip spreads and a fee of $3.50 every 100,000 USD transacted. No extra fees or commissions are associated with the standard account's spreads starting at 1 pips. Indicator CFD spreads begin at 0.4 points. No part of this site may be accessed by users located in any nation or other jurisdiction where doing so would be a violation of local law or regulation.

 

It's conceivable that sellers will enter the market even if we break over the $20 level, and then the 50 Day EMA will come into play. The 50-day moving average (MA) is currently at $20.73, and it's falling. In the end, I believe that many individuals will rush into this market as soon as it shows indications of tiredness. If the price drops below the hammer's base, it would be reasonable to assume that the $15 support level will be quickly breached.


Suggestion