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On September 14th, sources familiar with the matter revealed that Anthropic has signed a six-year, $13.7 billion computing deal with Rum Group, a company with ties to social media and a long-standing connection to the Trump administration. Founded in 2013, Rum gained attention among conservatives after the 2020 US presidential election as a YouTube alternative for smaller content creators. In addition to hosting Trumps Truth Social, Rum also streams official White House broadcasts. This deal is the latest in a series of cloud computing agreements Anthropic has reached over the past year, partnering with major cloud service providers like Google, tech companies like SpaceX, and smaller new clouds like Nscale, driven by surging demand for its Claude Code and Cowork products. These agreements total at least 14,800 megawatts of computing power, costing up to $517 billion over the next decade. The deal with Rum will add to that total.Futures News, September 14th: Crude oil prices were volatile over the weekend, and domestic fuel oil transactions were sluggish at high levels, with trading slightly declining. However, the surge in the oil market at the open provided some support for oil prices. Industry players remained cautious, and it is expected that the focus of domestic fuel oil negotiations today will be on stabilization after the weekends decline, with most transactions driven by immediate needs.Oil pipeline closures, meeting postponements, ship attacks: A quick overview of pre-market crude oil prices converted between domestic and international markets in one chart.On September 14th, it was learned from industry sources that the Securities Association of China recently issued a notice to all securities companies, soliciting industry opinions on the "Implementation Rules for Integrity Practice of Securities Business Institutions and Their Staff (Revised Draft for Public Comment)," with a feedback deadline of September 29th. Article 13 clarifies the salary recovery and deduction mechanism, stipulating that once an institution confirms that a staff member has violated integrity practices, it can recover and deduct the salary in accordance with the labor contract and company policy. A positive incentive mechanism will also be established simultaneously, giving priority to those who proactively resist the transfer of benefits and report significant integrity risks in performance evaluations and promotions. This combination of recovery and incentives creates a more complete closed-loop constraint mechanism.As of 8:30 AM Beijing time, spot platinum was down 0.10% and spot palladium was down 0.16%.

Silver price analysis: XAG/USD declines from a 13-day-old resistance line below $21.00

Daniel Rogers

Mar 13, 2023 11:37

 截屏2022-07-29 上午11.05.40.png

 

Silver price (XAG/USD) maintains modest gains near $20.60 as it probes the metal's retreat from a key short-term resistance line on Monday morning. Despite this, the XAG/USD maintains its three-day winning trend and extends yesterday's recovery from the lowest levels since November 4, 2022.

 

Nonetheless, the impending bear cross on the MACD and the bullion's inability to remain above the 200-SMA, not to mention the failure to cross a two-week-old resistance line, give Silver price bears reason for optimism.

 

Consequently, the bullion remains on track to retest the two-week-old horizontal support zone close to $20.40. However, the metal's further decline may make it difficult to break the $20.00 psychological magnet.

 

The focus will then shift to the monthly low of $19.95 and the November 2022 low around $18.85.

 

On the contrary, recovery movements remain elusive unless the XAG/USD remains below the downward-sloping resistance line from late February, around $20.90 at the latest. The $21.00 round number also functions as an upside filter.

 

The previous week's high near $21.30 may serve as the last line of defense for the XAG/USD skeptics if Silver purchasers maintain control above $21.00.


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