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January 27th - Latest industry data shows that major UK retailers saw their fastest price increases this month since February 2024, driven by rising prices in food, furniture, health, and beauty products. The British Retail Consortium (BRC) Store Price Index shows that retail prices rose 1.5% year-on-year in January, up from 0.7% in December. Food prices rose 3.9% year-on-year, up from 3.3% in December, marking the largest increase since October last year. "Any claims that inflation has peaked are not supported by these figures," said BRC Chief Executive Dickinson. "Store price inflation surged this month as businesses faced persistently high energy costs and the continued pass-through of National Insurance (NPIC) increases. Meat, fish, and fruit were particularly affected."BHP Billiton has surpassed Commonwealth Bank of Australia to become Australias most valuable stock.Chart: Speculative Sentiment Index on Tuesday, January 27, 2026On January 27th, according to a research report from Chaos Tiancheng Futures, the main lithium carbonate contract fell 6.56% yesterday, closing at 165,680 yuan/ton. Following increased regulatory scrutiny from exchanges last week, the scope and intensity of window guidance have been further expanded this week, significantly suppressing market sentiment. If speculative funds withdraw before the holiday, the subsequent trend and pace may depend on the post-holiday verification of the actual supply and demand situation in the spot market. In the short term, due to excessive trading in previous lithium price expectations and a rapid price increase, there is a risk of correction following increased regulation. Given the compliance risks facing domestic supply and the continued risks of resource nationalism and geopolitics for overseas supply, we believe that the central price of lithium carbonate will maintain an upward trend until the narrative of a supply-demand reversal driven by high lithium battery demand is disproven.Hyundai Motors stock price narrowed its losses; it was last quoted at 479,500 won, down 2.6%.

Price Analysis of the US Dollar Index: DXY Retreats from 104.00, Rising Wedge Anticipated

Alina Haynes

May 12, 2022 10:27

During Thursday's Asian session, the US Dollar Index (DXY) fails to continue the previous two days' upward momentum, trading on the defensive around 103.95.

 

In doing so, the dollar index remains near the 20-year high reached earlier in the week, but for the first time in three days, the daily decline is recorded.

 

In addition to highlighting a 12-day-old rising wedge bearish pattern surrounding the multi-day top, the DXY's most recent decline also reveals a multi-day top-adjacent rising wedge formation. The slow RSI also highlights the significance of the chart pattern.

 

However, a decisive breach below 102.90 is required to validate the potential decline to 101.30.

 

During the fall, the 100-SMA and monthly low between 102.65 and 102.35 will serve as intermediate stops.

 

Until the quote continues below the indicated wedge's resistance line, approximately 104.30 as of press time, a recovery appears elusive.

 

After that, a slow climb to the September 2002 high of 109.80 cannot be ruled out.

Four-hour DXY chart

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