EUR/USD 1.08721
0.052%
Gold 2416.29
1.670%
Oil 79.487
0.796%
USD/JPY 155.669
0.178%
GBP/USD 1.27061
0.286%
GBP/JPY 197.801
0.470%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
[The Federal Reserve may compromise on the banks capital increase plan] According to the Wall Street Journal, the Federal Reserve requires banks to hold more capital. However, JPMorgan Chase CEO Dimon and other major bank CEOs have taken a tough stance on the proposal, and now it seems that their strategy may have worked. According to people familiar with the matter, the Federal Reserve and two other federal regulators are developing a new plan that will significantly relax the capital increase requirements of large US banks by nearly 20%. The capital increase requirements are intended to ensure that large banks have enough buffers to absorb potential losses, and the new plan may be only half of the original plan. This is a major victory for banks. The banks said that the originally proposed rules would lead to a decline in profits and restrict lending. This also represents a shift in the balance of power between large US banks and regulators, ending the era when the Federal Reserve had the upper hand.[The Israeli army continues to launch military operations against Rafah, and a large number of Gazans are forced to stay in Mawasi] Recently, the Israeli army has continued to launch military operations against the southern city of Rafah in the Gaza Strip, and a large number of Gazans have been forced to embark on the road of escape again, heading to the so-called "humanitarian zone" in the southwest of the Gaza Strip - Mawasi. On May 19, many displaced people were stranded in the northwest of Mawasi. They said that there was almost no drinking water and no public health facilities. Mawasi is located on the western coast of Khan Yunis, about 12 kilometers long and 1 kilometer wide, with an area equivalent to 4% of the entire Gaza Strip. Previously, it was just a coastal desert with about 9,000 residents, but now it has accommodated hundreds of thousands of displaced people.Russian Ministry of Defense: 103 drones and 12 ATACMS missiles shot down in the past 24 hours.[Japans gold retail price hits record high for 4 consecutive days, platinum price soars nearly 16% in one month] This week, Japans domestic gold retail price hit a record high for 4 consecutive days, and platinum and silver prices are also rising rapidly. Data shows that the price of platinum in Japan has reached 6,040 yen (about 280.9 yuan) per gram on Saturday, an increase of nearly 16% in one month. In addition, Japans platinum futures transaction price also hit an 11-year high this week. Relevant surveys show that in the past two years, global platinum has been in a state of supply shortage, and its price is expected to rise further in the future, which will further push up the domestic platinum transaction price in Japan.[Indias diamond imports from Russia more than doubled in March 2024] According to data from the Indian Ministry of Commerce and Industry, Indias diamond imports from Russia in March this year increased by 1.3 times year-on-year to 728,000 carats.

S&P 500 Price Forecast – Stock Markets Give Up Yet Again

Skylar Shaw

May 19, 2022 10:47

微信截图_20220519100619.png


Technical Analysis of the S&P 500

Futures on the S&P 500 have rolled over just below the 4100 level, a place that I have been discussing for many days. This is a previously supported location, and "market memory" enters the picture to provide resistance. That resistance should continue all the way to 4150, but as you can see, we've plummeted before even trying a breakthrough. By plunging the way we have, it seems that there are still many worries in the stock market. It is also worth mentioning that Target indicated a slowdown during its results call. Many individuals are concerned about the US consumer, and as a result, there has been a lot of hostility.


If we turn around a break above the 4150 level, there is still a lot of resistance that stretches all the way to the 4300 zone, so I'm not looking to purchase this anytime soon. In fact, I believe we will test the lows once again, which are closer to the 3850 level. If we break down below that level, the fall will very certainly accelerate. I think that the prospect of the Federal Reserve failing to intervene is now dawning on some of Wall Street's thick heads, and this is reflected in the price.


Regardless, I have no intention of attempting to purchase this market any time soon since, quite honestly, it is a nightmare right now. The S&P 500 remains a "sell the rallies" position until the Federal Reserve changes its tune or economic data improves.

Suggestion