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Indian trade officials: India and the United States are committed to advancing and finalizing the framework agreement reached in February.On August 13th, Xu Bijiu, Vice Minister of Ecology and Environment, stated that my country is expediting the formulation of a new round of action plans for continuous improvement of air quality, which is also the fourth "Ten Measures for Air Pollution Prevention and Control." He made this announcement at a press conference held by the State Council Information Office on the 13th, themed "Starting the 15th Five-Year Plan." Xu Bijiu explained that since the 18th National Congress of the Communist Party of China, my country has successively issued and implemented three "Ten Measures for Air Pollution Prevention and Control": the 2013 "Action Plan for Air Pollution Prevention and Control," the 2018 "Three-Year Action Plan for Winning the Battle Against Air Pollution," and the 2023 "Action Plan for Continuous Improvement of Air Quality," which have significantly improved my countrys air quality. Data shows that by 2025, the national PM2.5 concentration will drop to 28 micrograms per cubic meter, a 59% decrease compared to 2013, and the proportion of heavily polluted days will drop to 0.9%, the best level since monitoring began.The Ukrainian military reported that it attacked a Russian oil refinery in Bashkortostan, about 1,300 kilometers from the border.Indian trade officials say they are working to reach a bilateral trade agreement with the US as soon as possible.Russian Ministry of Defense: Russian troops have taken control of Petrivka in the Donetsk region.

S&P 500 Price Forecast – Stock Markets Continue to Struggle

Alice Wang

Jul 15, 2022 15:54

Technical Analysis of the S&P 500

Due to the ongoing pessimism, the S&P 500 has decreased somewhat during Thursday's trading session. At this time, it seems as if the market is prepared to go further, maybe attempting to approach the most recent lows at the 3637 level. In the end, this market should continue to see a lot of agitated behavior. I believe that fading rallies will remain a significant problem. The 50 Day EMA is now hanging in the general vicinity of the 3950 level, which serves as the ceiling at this time.


Ultimately, your indication to become engaged will be when you start to feel exhausted after brief rallies. Given the lack of global growth and the fact that inflation is still a problem, I do believe the downward trend will continue. Additionally, the Federal Reserve is rapidly tightening monetary policy, and as a result, a 100 basis point interest rate rise is being predicted. Due to the fact that the S&P 500 contains so many significant exporters, it is extremely probable that we will continue to see significant problems with the global economy.


In the end, a running season is approaching, so there could be some "hopium" waiting to happen, but after hearing J.P. Morgan declare, "We have never seen an economic scenario like this," during its results presentation, I don't think this earnings season will be cause for celebration. After a rally, I will suppress any indications of tiredness.

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