EUR/USD 1.14706
0.081%
Gold 4568.28
1.270%
Oil 99.645
-2.248%
USD/JPY 159.596
-0.074%
GBP/USD 1.31975
0.108%
GBP/JPY 210.631
0.037%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
March 31 - The latest "China Automobile Dealer Inventory Alert Index Survey" (VIA) released by the China Automobile Dealers Association shows that the inventory alert index for Chinese automobile dealers in March 2026 was 57.5%, up 2.9 percentage points year-on-year and 1.3 percentage points month-on-month. The inventory alert index is above the boom-bust line.On March 31, Lenovo Group (00992.HK) announced on the Hong Kong Stock Exchange that for the year ended December 31, 2025, the companys total revenue was RMB 605.945 billion, an increase of 18% year-on-year; net profit for the year was RMB 9.799 billion, an increase of 28% year-on-year; and basic earnings per share were RMB 0.45.The yield on Japans two-year government bonds fell 1.0 basis point to 1.345%.On March 31, Yunfeng Financial Holdings Limited (00376.HK) announced progress in expanding its international insurance business. The company recently received conditional approval from the Bermuda Monetary Authority (BMA) to register its proposed wholly-owned subsidiary, YF Life Insurance Bermuda Ltd., as a Class E insurance company in Bermuda. Class E insurance companies are permitted to conduct long-term insurance business, including life, annuities, accident, and disability insurance, in accordance with BMA regulations.On March 31st, Zhengzhou rapeseed meal futures opened higher but then fluctuated downwards. Canadian canola futures closed higher, with the benchmark contract rising 1.00%, following the upward trend in international crude oil futures. Rapeseed meal spot prices fell slightly, with overall demand remaining weak. In major producing areas like South China, seedling planting has not yet commenced on a large scale, and feed companies are generally adopting a low-inventory strategy, only maintaining rigid restocking, resulting in rapeseed meal deliveries from oil mills remaining at a relatively low level of 0.91 million tons. In the short term, rapeseed meal prices are expected to fluctuate with a slightly bearish bias.

S&P 500 Tests Resistance At 4040 Ahead Of Fed Rate Decision

Cory Russell

Dec 15, 2022 15:44

微信截图_20221215153438.png


Trading bets on a less hawkish Fed help the S&P 500 gain ground.


While traders get ready for today's publication of the Fed Interest Rate Decision, the S&P 500 is rising. The technologically oriented NASDAQ Composite is up 0.3%. After yesterday's CPI statistics, the market sentiment is still upbeat.


A decrease in the demand for safe-haven assets is highlighted by the U.S. dollar's recent trading around multi-month lows. If the Fed continues to take a hawkish position, though, the scenario may swiftly shift.


Currently, traders anticipate that the Fed will announce that, in order to safeguard the economy, interest rates would rise gradually starting in 2023. Recent inflation statistics showed that the Fed's rapid rate rises are having the desired effect, but it is unclear if the Fed would adjust its policies in response to the data.


Trading activity indicates that markets have begun to reflect a less hawkish Fed. As a result, the S&P 500 will be very sensitive to any remarks that may be seen as being hawkish.


The market's response, which will occur after the Fed publishes its announcement, should be noted by traders since it won't be the final one. During the press conference, which will begin 30 minutes after the release of the statement, the S&P 500 will also respond to Powell's remarks.

Suggestion