EUR/USD 1.16200
-0.118%
Gold 4087.06
-2.019%
Oil 59.748
2.053%
USD/JPY 154.527
0.003%
GBP/USD 1.31675
-0.179%
GBP/JPY 203.475
-0.156%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On November 15th, the Russian Ministry of Defense reported the latest developments in a special military operation: The Russian Eastern Army liberated the village of Yablokovo in Zaporizhzhia Oblast, inflicting casualties on the Ukrainian army, including up to 265 losses. Previously, reports indicated that the Russian Armed Forces had advanced, reducing the distance between their forward positions and the Gulyaipole-Kashmir (Pokrovsk in Ukrainian)-Dnipropetrovsk highway to 9-9.5 kilometers. This distance allows for the use of FPV drones to conduct partial fire control on adjacent sections of the highway, potentially severely hindering logistical support for the enemys Gulyaipole garrison. The Russian Southern Army captured more advantageous positions within a day, inflicting up to 230 casualties on the Ukrainian army. The Russian Northern Army also captured more advantageous positions within a day, eliminating 210 Ukrainian soldiers. The Russian Central Army continued its advance into enemy territory within a day, inflicting up to 495 casualties on the Ukrainian army. The Russian "Western" Army Group improved the situation on the front lines in one day, while the Ukrainian army suffered as many as 220 casualties. The Russian "Dnepr" Army Group also improved its tactical situation in one day, while the Ukrainian army suffered as many as 85 casualties and one tank.Russian Defense Ministry: Russian troops have taken control of Yablukove in the Zaporizhzhia region of Ukraine.On November 15th, Andhra Pradesh Chief Minister Naidu stated that Google (GOOG.O) plans to build a data center in the state with an initial investment of $15 billion, with additional investment expected after five years. Naidu stated that the cost-effectiveness of data center power consumption is significant, and Andhra Pradesh has the potential to become a global data center hub. Speaking about Googles plans, Naidu said, "Investing $15 billion over five years is a win-win situation." He added that Andhra Pradesh has committed to helping companies like Reliance Industries build a data center with a total capacity of 5.5 gigawatts. He indicated that this will be done in conjunction with plans to increase green energy production. Naidu said, "The cost-effectiveness of data flow is higher than the power consumption. This is the key to changing the situation. Now everyone is coming to Andhra Pradesh." Google announced last month that it will build a data center in Visakhapatnam connected to renewable energy and fiber optic networks. Indian billionaire Gautam Adani stated that his company, AdaniConneX, will collaborate with Google and Bharti Airtel, Indias second-largest wireless operator, on this project.On November 15th, Leapmotor announced that its cumulative sales for 2025 have exceeded 500,000 units. Leapmotor CEO Zhu Jiangming posted on his WeChat Moments: "We have achieved our 2025 sales target of 500,000 vehicles 45 days ahead of schedule. Leapmotor will aim for 1 million vehicles in sales next year."November 15th - Stephen Innes, Managing Partner of SPI Asset Management, stated that with the US government reopening, a backlog of important data will be released, including employment and inflation indicators, which the market expects to be weak. Weaker US data could depress US Treasury yields, reigniting market expectations for an interest rate cut in early 2026 and providing room for a rebound in gold prices, which have been squeezed by rising real yields. The recent pullback in gold prices appears more like position adjustments than a trend reversal. The outlook for gold remains positive, and investors will closely watch US real yields, a weaker dollar, and upcoming data. If the data points to a cooling US economy, gold could rebound next week.

S&P 500 Declines Below 3960 As Energy Stocks Pull Back

Jimmy Khan

Nov 21, 2022 14:59

微信截图_20221121145647.png

S&P 500 Is Hurt by Oil Market Decline

S&P 500 retreated toward the 3940 mark as oil and technology stocks declined. The heavily tech-focused NASDAQ Composite fell 0.6%.


Due to the sharp decline in the price of oil, energy stocks have been among the worst-performing sectors of the S&P 500. In today's trading session, the shares of Diamondback Energy, EOG Resources, and Pioneer Natural Resources all decreased by 3 to 4%.


Today's significant pressure on top mega cap firms like Microsoft, Alphabet, Amazon, and Tesla was negative for the S&P 500. As traders proceeded to modify their holdings in response to the most recent earnings report, NVIDIA was down by 3%.


The yield on 2-year Treasuries managed to rebound beyond 4.50% today as Treasury rates increased. Bond traders listened more intently to Fed's Bullard's hawkish remarks than stock traders did. The S&P 500 will come under further pressure if Treasury yields increase quickly.


It should be emphasized that the current downturn is not significant, and markets like utilities, healthcare, and consumer defensive are rising, indicating that the overall positive attitude is still present.

Suggestion