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FxWirePro: AUD/USD pops post RBA rate decision, break below 20-DMA to see further weakness

Apr 02, 2019 05:14 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD jumped 25 pips after RBAs interest rate decision, but immediately reversed gains. The Reserve Bank of Australia (RBA) held its monetary policy unchanged with an official cash...

FxWirePro: Copper edges lower from 9-month highs at 2.986, 'Golden Cross' formation keeps scope for upside

Apr 02, 2019 04:15 am UTC| Technicals

Copper chart - Trading View Copper hit 9-month highs at 2.986 on Mondays trade before paring most of the gains to close at 2.928. The commodity has been extending rangebound trade on the day, hovering around 50%...

FxWirePro: Gold struggles to break above $1300 on strong dollar and rising US yield, good to sell on rallies

Apr 02, 2019 03:41 am UTC| Technicals

Gold was trading lower for past 5 days and lost more than $35 on account of strength in US dollar.It has made temporary top around $1346 and lost nearly $60. It hits low of $1286 and is currently trading around $1287.65....

FxWirePro: USD/SGD remains well supported above 1.35 mark, upside limited

Apr 02, 2019 03:39 am UTC| Technicals

USD/SGD is currently trading around 1.3550 marks. It made intraday high at 1.3560 and low at 1.3543 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1.3538 mark. A daily...

FxWirePro: Nikkei trades higher following footsteps of Wall Street, good to buy on dips

Apr 02, 2019 03:16 am UTC| Technicals

Major support - 20800 Asian marketsare trading higher following footsteps of Wall Street. US markets Dow Jones has jumped more than 300 points after upbeat ISM manufacturing data. US ISM data for month of Mar came at...

FxWirePro: USD/THB trades in narrow range, stay neutral

Apr 02, 2019 02:55 am UTC| Technicals

USD/THB is currently trading around 31.74 marks. It made intraday high at 31.74 and low at 31.70 marks. Intraday bias remains neutral till the time pair holds key support at 31.70 mark. On the top side, key...

FxWirePro: Aussie strengthens on strong building approvals data, RBA’s cash rate decision in focus

Apr 02, 2019 02:16 am UTC| Technicals

AUD/NZD is currently trading around 1.0474 marks. Pair made intraday high at 1.0483 and low at 1.0444 marks. Intraday bias remains slightly bullish for the moment. A sustained close above 1.0448 will drag...

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Economy

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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