EUR/USD 1.16673
-0.049%
Gold 4636.40
-0.477%
Oil 80.169
-0.633%
USD/JPY 159.042
-0.101%
GBP/USD 1.36328
-0.104%
GBP/JPY 216.824
-0.199%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Dubai International Airport (DISA) reported on August 26 that passenger traffic fell by nearly a third in the first half of the year due to disruptions caused by the war in Iran, but expects demand to recover in the second half. DISA stated that passenger traffic reached 13 million in the second quarter, bringing the total for the first half of the year to 31.5 million. Despite a rebound in traffic in May and June, first-half traffic was still 31% lower than the record level set in the same period last year. The war in Iran has led to a global readjustment of air routes, repeatedly disrupting DISA. In May, the airport announced it had postponed its target of 100 million annual passengers by one year due to the significant drop in passenger traffic. Major Middle Eastern airlines Emirates, Qatar Airways, and Etihad Airways have all reduced operations and adjusted their international route networks to accommodate increased travel demand during the war. Several European airlines have also suspended flights to multiple destinations in the region and avoided the airspace of several Gulf states.August 26th - According to the Guangdong Branch of the General Administration of Customs, in the first seven months of this year, the import and export volume of comprehensive bonded zones (including cross-border industrial zones and bonded areas) in Guangdong Province reached 1.05 trillion yuan, a year-on-year increase of 32.3%, setting a new record for the same period in history and surpassing the trillion-yuan mark two months earlier than last year. While Guangdongs foreign trade has exceeded one trillion yuan for two consecutive months, the provinces comprehensive bonded zones continue to play a driving role, contributing 23.3% to Guangdongs foreign trade growth in the first seven months of this year.Slovakian power company said that Unit 3 of the Mohawkwice nuclear power plant has been reconnected to the grid after a shutdown for fuel replacement.On August 26th, Citigroup predicted that South Korean companies will issue a record amount of money in global bond and stock markets in 2026. Companies are raising growth funds through international investors, most notably SK Hynixs $26.5 billion US IPO. Jangho Park, CEO of Citigroup Global Markets Korea, said on Wednesday that South Korea has a growing number of "world-class companies and emerging industry leaders who are increasingly leveraging capital markets with competitive financing terms to raise funds for their growth goals." Citigroups optimistic outlook comes as South Koreas two largest chipmakers are becoming major beneficiaries of global artificial intelligence infrastructure development. South Korea is seeking to encourage companies, including Samsung Electronics and SK Hynix, to invest at least 1350 trillion won ($975 billion) in chip and data center construction, although many projects are still in the early planning stages.Hyundai CEO: Hybrid vehicles are the biggest opportunity in the US market.

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

Skylar Shaw

Jan 11, 2023 15:04

微信截图_20230111144429.png

Technical Analysis of the S&P 500

During Tuesday's trading session, the E-mini S&P 500 contract slightly declined and fell below the 50-Day EMA as Jerome Powell took the podium to deliver a speech. Given that not much changed after his speech, it is perhaps not shocking to see that the market has reversed course and returned to its previous level. The issue of whether or not we can hold onto this region is very different, and it is fairly probable that the Thursday session will be far more significant since the CPI statistics will be out during that session.


You need to pay great attention to those data because they are significant at a time when the globe is still concerned about inflation. In the end, the market will continue to oscillate a lot, but for now, the 200-Day EMA, which is now at the 4000 level, is sandwiched between the 50-Day EMA and the 200-Day EMA signs. I feel that we should "fade the rallies," but because there has likely been a lot of loud activity in the meantime, I do believe that it will likely not be long before we must make a more significant choice.


Nevertheless, do not undervalue Wall Street's capacity for seeing the positive side of any situation. However, sooner or later, the wise money will arrive and put everyone on the defensive. The 200-Day EMA and the 4000 level are slightly above us, and we are also in a well defined channel.

Suggestion