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FxWirePro: EUR/KRW exhibits range bound movement, stay neutral

Mar 20, 2019 02:02 am UTC| Technicals

EUR/KRW is currently trading around 1,282 mark. It made intraday high at 1,283 and low at 1,281 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,289 mark. A sustained close...

FxWirePro: Japanese yen trades marginally lower after BOJ’s monetary policy meeting minutes

Mar 20, 2019 01:33 am UTC| Technicals

USD/JPY is currently trading around 111.65 marks. It made intraday high at 111.66 and low at 111.28 levels. Intraday bias remains slightly bullish till the time pair holds key support at 111.00 mark. A daily...

FxWirePro: EURJPY trades marginally higher after better than expected ZEW survey, break above 110-EMA to see further upside

Mar 19, 2019 12:40 pm UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY has retraced from session lows and is trading marginally higher at 126.38 at 1230 GMT. The single currency slightly bid after better than expected ZEW survey data. The...

FxWirePro: GBPJPY trade idea

Mar 19, 2019 12:33 pm UTC| Technicals

Major support -147 GBPJPY is trading weak for second consecutive day and lost more than 120 pips from high 148.38 on account of Brexit uncertainty. The pair recovered slightly after better than expected UK jobs...

S&P500 trades higher for 5th consecutive day, markets eye US Fed meeting

Mar 19, 2019 12:31 pm UTC| Technicals

SP500 trading higher for fifth consecutive day and jumped more than 4.5% from low of 2720 made on Mar 8th2019.The index was trading higher nearly fresh 2-1/2 month and jumped more than 20% from low of 2334 on easing...

FxWirePro: EUR/CHF bears form falling wedge, consolidation phase drifts in sideways – Trade boundary strikes and short hedge

Mar 19, 2019 12:16 pm UTC| Technicals

Technical Glance:EURCHFbears create falling wedge patterns on both daily plottings, where shooting star and hanging man pop-up at wedge resistance (refer circular areas in daily chart). For now, mild rallies take supports...

FxWirePro: EURUSD hits fresh 2-week high,any channel break out confirms further bullishness

Mar 19, 2019 12:01 pm UTC| Technicals

EURUSD continues to trade higher for past 1-week and hits new 2 week high at 1.13616 after declining to 6-month low on Mar 7th2019. The jump was due to positive Brexit news and broad based US dollar selling.German ZEW...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

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...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

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....