EUR/USD 1.13614
0.029%
Gold 3990.27
-0.219%
Oil 69.751
0.001%
USD/JPY 161.806
0.011%
GBP/USD 1.31871
0.153%
GBP/JPY 213.380
0.166%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
U.S. Secretary of State Rubio: We want to ensure that any decisions made in this agreement take into account the interests of our allies.On June 25th, the Hurun Research Institute released the "2026 Global Unicorn List" in Guangzhou. The top three unicorns all focus on large-scale modeling businesses: Anthropic, the parent company of Claude, became the worlds most valuable unicorn, valued at RMB 6.6 trillion, with a single-year increase of RMB 6.1 trillion, setting a record on the Hurun Unicorn List; OpenAI, the parent company of ChatGPT, ranked second with a value of RMB 5.8 trillion; and ByteDance, the parent company of Doubao, ranked third with a value of RMB 3.3 trillion. DeepSeek topped the list of 308 newly minted unicorn companies globally and ranked among the top 15 global unicorn companies with a value of RMB 340 billion. The second-ranked newly minted unicorn company is Project Prometheus, a physical artificial intelligence company co-founded by Jeff Bezos (valued at RMB 258 billion), and the third-ranked company is Kalshi, a US-based compliant prediction market (valued at RMB 150 billion).On June 25th, C-Zhenbao stated on its interactive platform that the companys main products are silicon, quartz, silicon carbide, and alumina ceramic semiconductor equipment components. These products are widely used in integrated circuit plasma etching and thin-film deposition equipment, and are compatible with advanced manufacturing lines for memory and logic chips. Regarding overseas customer expansion, the company has achieved stable batch supply to foreign wafer manufacturers such as SK Hynix; it has also established business partnerships with well-known international manufacturers such as Micron Semiconductor, although large-scale sales have not yet been achieved.UBS Group: Palladium prices are expected to fall to $1,100 per ounce in the coming months.June 25th - According to US media reports, SK Hynix is expected to issue American Depositary Receipts (ADRs) on Nasdaq on July 10th. The IPO plans to raise nearly $30 billion, potentially becoming one of the largest ADR offerings in history. The market generally believes this move will significantly expand its global investor base and could drive a valuation reassessment. Several asset management firms predict a 30% upside potential in the next year if its valuation converges with Microns. One fund manager pointed out that SK Hynix should at least trade at a valuation level comparable to Microns, as demand for memory chips is likely to continue to exceed supply for years to come. This IPO comes during a rare boom in the memory chip industry. Shares of Micron, SK Hynix, and Samsung Electronics have all risen more than 200% this year, marking their best annual performance in decades. The demand for HBM (Hardware-Based Memory) in AI servers is widely seen as a driver of a structural "memory supercycle."

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