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FxWirePro: NZD/JPY resumes weakness after rejection at 20-DMA, on track to test 71.75 (channel base), stay short

Sep 07, 2018 04:05 am UTC| Technicals

NZD/JPY chart on Trading View used for analysis NZD/JPY resumes weakness after rejection at 20-DMA, momentum with the bears. Recovery attempts in the pair lack traction, we see extension of downside in the...

FxWirePro: Nikkei hits lowest level since Aug 22, good to sell on rallies

Sep 07, 2018 03:44 am UTC| Technicals

Asian marketsare trading lower especially Nikkei lost more than 1% as news circulating that Japans auto industry will be next target for Donald Trump.The index decline was mainly led by chip equipment makers and export...

FxWirePro: USD/THB moves in stiff boundaries, stay bullish only above 32.90 mark

Sep 07, 2018 03:44 am UTC| Technicals

USD/THB is currently trading around 32.81 marks. It made intraday high at 32.81 and low at 32.76 marks. Intraday bias remains neutral for the moment. On the top side, key resistances are seen at 32.90,...

FxWirePro: USD/SGD hovers around 1.3750 mark, bias remains neutral

Sep 07, 2018 03:15 am UTC| Technicals

USD/SGD is currently trading around 1.3754 marks. It made intraday high at 1.3757 and low at 1.3741 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3801 marks. A daily...

FxWirePro: USD/JPY extends retreat below 111 handle as traders pile into safe-haven Yen amid rising risk-off

Sep 07, 2018 03:13 am UTC| Technicals

USD/JPY chart on Trading View used for analysis USD/JPY is extending retreat below 111 handle as the Japanese currency picked up a bid on escalating US-China trade tensions. The Trump administration is likely to...

FxWirePro: Taiwanese dollar trades almost flat in early Asia, trade balance data in focus

Sep 07, 2018 02:11 am UTC| Technicals

USD/TWD is currently trading around 30.76 marks. It made intraday high at 30.80 and low at 30.76 marks. Intraday bias remains neutral for the moment. A daily close above 30.90 will drag the parity up towards...

FxWirePro: South Korean won erases previous loss against euro, sustained close above 1,306 requires for upside rally

Sep 07, 2018 02:01 am UTC| Technicals

EUR/KRW is currently trading around 1,306 mark. Pair made intraday high at 1,306 and low at 1,302 levels. Intraday bias remains slightly bearish for the moment. A sustained close above 1,306 will take the...

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Economy

Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes

Brent crude oil prices have tumbled more than 11% this week after the United States and Iran agreed to a two-week ceasefire, raising hopes that the Strait of Hormuz one of the worlds most critical oil shipping lanes ...

Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates

Bank of Japan Governor Kazuo Ueda reaffirmed on Thursday that Japans real interest rates remain firmly in negative territory, signaling that the countrys financial conditions continue to support economic growth. His...

Japan Consumer Confidence Drops Sharply Amid Rising Fuel Costs and Middle East Tensions

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China Set to Exit Deflation Cycle in Early 2026, ANZ Analysts Say

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Asian Currencies Hold Steady as Middle East Ceasefire Doubts Weigh on Markets

Asian currencies showed little movement on Thursday following strong gains in the prior session, as investor caution mounted over the stability of a U.S.-Iran ceasefire deal amid escalating Middle East tensions. The U.S....

Politics

Trump Warns Iran: No Deal Means Military Action as U.S. Forces Hold Position

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U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

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North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

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Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

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Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

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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

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...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...
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