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FxWirePro: USD/THB moves in rigid boundaries, Thailand’s consumer confidence index data in focus

Sep 04, 2018 01:42 am UTC| Technicals

USD/THB is currently trading around 32.72 marks. It made intraday high at 32.76 and low at 32.68 marks. Intraday bias remains neutral for the moment. On the top side, key resistances are seen at 32.90,...

FxWirePro: South Korean won remains almost unchanged after CPI, GDP data

Sep 04, 2018 01:22 am UTC| Technicals

EUR/KRW is currently trading around 1,291 mark. Pair made intraday high at 1,293 and low at 1,291 levels. Intraday bias remains neutral till the time pair moves in stiff directions from 1,290 to 1,298...

FxWirePro: USDCAD trades higher on US-Canada trade tensions, good to buy on dips

Sep 03, 2018 17:58 pm UTC| Technicals

USD/CAD has gained more than 150 pips from the low of 1.29271 on account escalting trade talks between US and Canada.US and Canada trade talks has ended up without any major deal.US President Donald Trump has threatened on...

Ethereum futures constructive for counterpart and destructive for underlying

Sep 03, 2018 13:20 pm UTC| Research & Analysis Digital Currency Technicals Insights & Views

Many analysts began pondering that the launch of derivatives market for Ether will most likely have diverging consequences on the price trajectories of the top two cryptocurrencies. To substantiate this stance, Tom Lee,...

FxWirePro: NZD/CHF breaks major support at 0.65, eyes 61.8% Fib at 0.6356

Sep 03, 2018 11:43 am UTC| Technicals

NZD/CHF chart on Trading View used for analysis NZD/CHF has shown a break at major trendline support at 0.65, bias bearish. The pair is trading largely unchanged on the day, consolidating break below major...

FxWirePro: EUR/CHF 3-black crow and bearish engulfing patterns signal weakness – Trade tunnel spread and short hedge

Sep 03, 2018 11:21 am UTC| Technicals

EURCHFforms 3-black crow pattern which is bearish in nature. This pattern has occurred at 1.1239 levels that signal weakness. For now, more slumps seem to be on cards upon bearish MACD crossover (refer daily...

FxWirePro: BTC/EUR break above 110-EMA raises scope for further upside, stay long on dips

Sep 03, 2018 11:00 am UTC| Digital Currency Technicals

BTC/EUR has shown a break above 110-EMA raising scope for further upside. The pair is currently consolidating in narrow range, trades 1.02% lower on the day. Price action is grinding higher along 5-DMA support,...

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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....
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