• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 20, a security guarantee proposal for Ukraine could take shape as early as this week, as US President Trump supports a potential peace plan involving the deployment of European troops. After a White House summit on Monday resulted in a clearer US commitment to security guarantees, European leaders are seeking to leverage Trumps proposal to strengthen Kyivs negotiating position ahead of a possible meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky. A meeting of European officials on Tuesday focused on a plan to deploy British and French troops to Ukraine as part of a peace agreement, including details on the size of the military personnel and their deployment locations, according to sources familiar with the matter. Sources indicate that approximately 10 countries are prepared to contribute troops to Ukraine. However, how the US would provide support remains unclear.Futures market data from August 20th: In the short term, precious metals are expected to fluctuate due to multiple factors, including fluctuating tariff and trade policies, adjustments to expectations for Federal Reserve rate cuts, and geopolitical conflicts. Recent US CPI data showed a modest increase, but PPI far exceeded expectations, primarily driven by rising service sector prices. Market expectations for a Fed rate cut rose before and after the data were released, then retreated. US tariff policies have repeatedly disrupted the market, with the US-China joint statement suspending tariffs for 90 days and the US-India negotiations at an impasse. Some countries have reached agreements but have yet to release implementation details, leaving uncertainty surrounding future tariff policies. Russia-Ukraine negotiations have made no substantial progress, and conflict is likely to continue until a peace agreement is reached. From a medium- to long-term fundamental perspective, the US economic policy uncertainty index remains historically high. US tariff and trade policies are not only fueling inflationary pressures in the US but will also have lasting and far-reaching impacts on other regions and countries around the world. As strategic assets, precious metals offer strong risk mitigation capabilities, and rising demand for safe-haven assets like precious metals is providing a floor for their prices. Against the backdrop of increasing downward pressure on the US economy and loose monetary policy, coupled with the continued central bank gold buying spree and strong investment in gold ETFs, precious metals still have upward driving opportunities in the future, and we recommend going long in the medium and long term.Japan is considering purchasing Turkish drones that have been combat-tested in Ukraine.On August 20, Mexican President Jose Maria Seinbaum stated on Tuesday that the Mexican government had not reached an agreement with the U.S. Drug Enforcement Administration (DEA) regarding an operation called "Project Botero" announced by the agency. In a statement on Monday, the DEA said it would launch a "bold bilateral initiative" with Mexico aimed at dismantling drug smuggling corridors. Seinbaum responded: "The DEA issued this statement, and we dont know the basis for it. We have not reached any agreement with the DEA through any security agency, and we dont know why they issued this statement."SF Express (09699.HK) announced on the Hong Kong Stock Exchange that the profit attributable to the owners of the company in the first half of 2025 is expected to increase by no less than 100% compared with the same period last year; the groups revenue is expected to increase by no less than 45% compared with the same period last year.

Following the GDP Miss, the E-mini S&P 500 Has Given Up Some of Its Earlier Gains

Skylar Shaw

Apr 29, 2022 10:19

微信截图_20220429094622.png


Following a good earnings announcement from Meta Platforms, June E-mini S&P 500 Index futures are trading higher immediately after the cash market opens, as the benchmark index seeks to recoup from this month's sell-off.


The June E-mini S&P 500 Index is now trading at 4194.75, up 14.50 points or 0.35 percent, at 14:28 GMT. The SPDR S&P 500 Trust ETF (SPY) is now trading at $418.48, up $1.21 or 0.29 percent.


Following a beat on results, Meta's stock jumped roughly 16 percent, indicating that investors may be seeing indications of reprieve in the battered tech industry. Prior to the announcement, the stock was down 48% year to date.

Increased Wages Sentiment in the Market

In addition to Meta's gains, Qualcomm gained more than 8% on the basis of good results, while PayPal gained over 5% despite providing disappointing second-quarter outlook.


Following their quarterly releases, McDonald's, Merck, Eli Lilly, and Southwest were all up on Thursday.


Despite a positive earnings surprise, Caterpillar's stock dropped roughly 5%. After posting weaker-than-expected earnings, Teladoc's stock dropped by more than 44%.


Traders are unconcerned by the US GDP shortfall.


In economic news, the United States' Gross Domestic Product (GDP) unexpectedly fell by 1.4 percent in the first quarter from the previous year, contrary to the 1 percent rise projected by experts polled by Dow Jones. Some investors dismissed the economic downturn, citing the rise in prices and the trade imbalance as the primary causes.

Technical Analysis of the Daily Swing Chart

According to the daily swing chart, the major trend is down. The return of the decline will be signaled by a trade through 4136.75. The major trend will turn to up if the price breaks through 4509.00.


The minor trend is similarly in the negative direction. A trade through 4303.50 will shift momentum to the upside and turn the minor trend to up.

Swing Chart for the Day Technical Prognosis

Trader response to 4220.00 is expected to decide the direction of the June E-mini S&P 500 Index on Thursday.

Possibilities for Growth

The presence of buyers will be shown by a prolonged advance over 4220.25. Taking out the intraday high of 4258.75 would signal that the buying is becoming more powerful. Look for a burst through the resistance cluster around 4299.25 – 4303.50 if this generates enough upward momentum.

Scenario that is bearish

The presence of selling will be signaled by a persistent move below 4220.00. Look for the selling to continue towards 4136.75 if this move creates enough bearish momentum.


Taking out 4136.75 indicates that the selling pressure is increasing. This might lead to a break through the next key bottom at 4129.50, then the year's low at 4094.25.