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European Central Bank President Christine Lagarde: Europe cannot miss the artificial intelligence revolution.August 19th - According to the latest robotics industry research from TrendForce, the deployment of humanoid robots in China is beginning to enter diverse scenarios such as automotive, 3C, aviation, logistics, and energy, thus posing a challenge to product commercialization. The 2026 World Robot Conference (WRC) on August 19th will feature a "Procurement Day" for the first time, focusing on procurement negotiations and supply chain connections, reflecting a shift in industry development focus from technology demonstrations to practical needs. TrendForce predicts that the Chinese humanoid robot market will reach RMB 15 billion in 2026, and with the expansion of mass production and the increase in application scenarios, the market size can maintain a growth rate of at least 60% in 2027.According to Reuters: A company executive said that AiMoga, Cherys robotics subsidiary, is considering an independent listing.On August 19th, KPMG Chief Economist Yael Selfin stated in a report that although the UKs inflation rate rose to 2.9% in July from 2.6%, marking the beginning of a gradual increase in inflation, this is unlikely to prompt the Bank of England to raise interest rates. She stated that domestic price pressures in the UK are easing, and the inflation level is broadly in line with the Bank of Englands latest forecasts. Selfin also noted that, encouragingly, core inflation continued to slow in July, with the services sector inflation rate falling to 3.4% from 3.6%. Given the less weak labor market compared to 2022, rising energy costs are unlikely to trigger a significant second-round effect in the coming months. She stated, "We expect interest rates to remain unchanged for the remainder of the year."Futures News, August 19th: Shanghai Futures Exchange (SHFE) Energy and Chemical Warehouse Receipts and Changes: 1. Pulp futures warehouse receipts: 373,905 tons, down 515 tons from the previous trading day; 2. Pulp futures mill warehouse receipts: 20,000 tons, unchanged from the previous trading day; 3. Offset paper futures warehouse receipts: 2,758 tons, unchanged from the previous trading day; 4. Offset paper futures mill warehouse receipts: 6,520 tons, unchanged from the previous trading day; 5. Fuel oil futures warehouse receipts: 20,420 tons. 6. Petroleum asphalt futures warehouse receipts: 14,230 tons, down 10 tons from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 26,500 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 2,961,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 330 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.

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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