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FxWirePro: Danish Krone extends losses as manufacturing PMI eases 

Jul 01, 2020 09:50 am UTC| Technicals

The Danish Krone nudged lower, extending previous session losses, following the release of downbeat manufacturing PMI. Data released earlier in the day showed the DILF Manufacturing PMI in Denmark declined to 52.2 in...

FxWirePro: USD/INR spikes higher from session lows, INR depressed after Fitch downgrades India GDP forecast

Jul 01, 2020 09:25 am UTC| Technicals

USD/INR chart - Trading View Fitch ratings agency downgraded India GDP growth forecasts for 2021-22 fiscal to 8% from 9.5% projected last month. USD/INR slumped lower to weekly lows at 75.90, but quickly recovered...

FxWirePro: NZD/USD Shooting Star Checks Minor Uptrend – Trading & Hedging Setup

Jul 01, 2020 06:53 am UTC| Technicals

The recentNZDUSDsbullish patterns like engulfing patterns at 0.6478 levels including yesterdays upward reversal is the indication of interim bulls are holding firm, potentially towards 0.6480 levels. Contrary to that...

FxWirePro: NZD/USD grinds sideways along 21-EMA support, scope for upside as price holds above 21-EMA support

Jul 01, 2020 06:13 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD was trading 0.15% lower on the day at 0.6444 at around 06:00 GMT. The pair has held above 21-EMA support and weakness only on break below. Upbeat China Caxin PMI data fails to...

FxWirePro: USD/JPY fails to hold above 108 handle, retrace below 21-EMA negates any upside bias

Jul 01, 2020 05:58 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY has erased early gains, fails to hold above 108 handle, slips lower from session highs at 108.16. The pair was trading 0.26% lower on the day at 107.64 at around 05:00 GMT, bias...

FxWirePro: AUD/USD rangebound, struggles to extend gains after mixed Aussie and China data

Jul 01, 2020 04:32 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD was trading largely rangebound on the day at 0.6901 at around 04:15 GMT. The major was struggling to extend previous sessions gains after mixed economic data from Australia and...

FxWirePro:GBP/NZD gains some upside momentum but still bearish

Jun 30, 2020 18:42 pm UTC| Technicals

GBP/ NZD recovered some ground on Tuesday as end-of-quarter rebalancing supported some buying interest in sterling . Sterlings gains against New Zealand dollar were unrelated to news and economic developments and more...

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Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...
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