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On February 26, Baidu (BIDU.O) announced that its Board of Directors authorized a new share repurchase program in February 2026, under which the company may repurchase up to US$5 billion worth of shares, valid until December 31, 2028. The Board also approved for the first time the adoption of the companys ordinary share dividend policy, which may include regular and/or special dividend distributions.iQiyi (IQ.O) reported revenue of RMB 6.79 billion in Q4 2025, up 3% year-on-year from RMB 6.61 billion in the same period last year.ECB President Christine Lagarde: I am confident that the practice of basing policy on data should be maintained.On February 26th, Baidu (09888.HK) announced that its cost of sales for 2025 will be RMB 72.4 billion (US$10.36 billion), a 10% year-on-year increase, mainly due to increased costs related to Baidus core AI new businesses. Selling and administrative expenses will be RMB 25.8 billion (US$3.7 billion), a 9% year-on-year increase, mainly due to increased channel spending and expected credit losses. R&D expenses will be RMB 20.4 billion (US$2.92 billion), an 8% year-on-year decrease, mainly due to reduced personnel-related expenses. Income tax expense will be RMB 1.3 billion (US$180 million), compared to RMB 4.4 billion in the same period last year.On February 26th, Baidu (09888.HK) announced that its AI-native marketing service revenue reached RMB 2.7 billion in the fourth quarter of 2025, representing a year-on-year increase of 110%. In December 2025, the monthly active users of the Baidu App reached 679 million, remaining flat year-on-year. In December 2025, the monthly active users of Wenxin Assistant reached 202 million.

Silver Prices Face Downward Pressure Due to the Prospects of a Hawkish Fed and Uncertainty Regarding China's Lockdown

Drake Hampton

Apr 26, 2022 10:28

Silver prices have fallen as a result of the broader commodity sell-off. The dollar gained strength versus all major currencies as prospects for Fed tightening increased. Benchmark rates fell substantially today, following a spike at the end of last week in response to fears over China's covid shutdowns.

 

Gold prices fell to April lows around $1900 on forecasts of rate increases and a strong dollar. Oil prices fell as demand concerns arose as a result of China's Covid crisis.

 

Oil prices also fell as a result of a strong dollar, which makes commodities more expensive for holders of foreign currencies. Due to the Russian supply problem and Libyan supply disruptions, the oil market experienced tight supply conditions.

 

Bullard, president of the St. Louis Federal Reserve, suggested that a 75-basis-point rate hike may be necessary to tackle runaway inflation. While some policymakers have suggested that a greater rate hike would be detrimental to the economy, market participants have approved it.

 

Investors remain focused on Friday's release of the March Personal Consumption Expenditures Index, a key inflation indicator. Jerome Powell, chairman of the Federal Reserve, suggested that a 50-basis-point rate hike was expected in May.

Technical Evaluation

Silver prices fell 2.5 percent Thursday, below the 200-day moving average's major resistance level of 23.85. Silver prices will continue to decline as a result of the prospect of a 50-basis-point rate hike and may hit the December 2021 lows near the 21.4 level. Silver prices are harmed by hawkish Fed tightening.

 

Support is located near the $22.776 200-day moving average. Resistance is located near the $24.92 50-day moving average. Short-term momentum is negative but is turning positive following a crossover of the fast stochastic, which may indicate a crossover sell signal.

 

The medium-term momentum has shifted to the downside, as evidenced by the histogram's negative correlation with the MACD (moving average convergence divergence). The MACD histogram's trajectory is negative, indicating a downward trend in price movement.

 

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