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EUR/GBP eyes 2008 low

Feb 24, 2015 08:36 am UTC| Technicals

Contradicting BoE vs ECBmonetary policy outlooks help weigh on EUR/GBP Risk of BoE rate hikein full swing 2008 low of 0.73205 risked, 0.7307 0.7299 supports below 0.7307 = 76.4% fibo of 0.6536 (2007...

EUR/USD may see an end to a long period of consolidation

Feb 24, 2015 08:30 am UTC| Technicals

ECBs Draghi speaks at 14GMT but key event is Feds Yellen 15GMT testimony Attention on whether Fed chair leaves door ajar for mid-year rate hike Eurogroup likely to respond to proposed Greek reforms later...

EUR/JPY looks to fade recovery

Feb 24, 2015 08:27 am UTC| Technicals

Long tail on Fridays candlestick line is a drawback for bears Spot unsuccessful in performing a daily close sub 134.20 134.20 - 38.2% of the 130.16 to 136.70 up-leg Market needs a daily close sub...

USD/JPY set for further gains

Feb 24, 2015 08:25 am UTC| Technicals

Pair continues trading above the Ichimoku cloud indicative of upside potential Daily close above tenkan line required at 119.29 Tenkan kijun lines stay positively aligned, also a bullish sign Solid...

USD/MYR floats by fresh oil slide, higher USD/JPY

Feb 24, 2015 08:22 am UTC| Technicals

USD/MYR picks up uptrend, good bids checked selling at 3.6240 Pair last back to 3.6350 bid, matches opening high this morning Extended fall in oil prices, fresh rally in USD/JPY strengthens Nymex light...

USD/JPY remains at 119 now, Nikkei to fresh 15-year high

Feb 24, 2015 06:18 am UTC| Technicals

USD/JPY sustains above 119.00, 119.17 high so far. Nikkei supports, closes 18,603.48, +136.56 pts/0.74%, high of session. Highest since April 25, 00 when it saw a high of 18,630.30. Resistance at 19.000...

USD/THB stable

Feb 24, 2015 06:17 am UTC| Technicals

USD/THB caught between tight 32.55-32.60 range FII related inflows weigh but Fed expectations, bullish USD/Asians strengthens Deputy BOT governor said policy rate low, further cut unlikely to boost...

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Economy

Germany and China Reaffirm Open Trade and Strategic Partnership in Landmark Beijing Visit

German Chancellor Friedrich Merz concluded a pivotal visit to Beijing this week, signaling Germanys continued commitment to open markets and strong economic ties with China. As the first foreign leader to visit China in...

U.S. Stocks Close Lower as Hot PPI Data, Nvidia Slide Weigh on Wall Street

U.S. stocks ended lower on Friday, capping the worst monthly performance for Wall Street since March last year, as hotter-than-expected producer inflation data and continued weakness in technology stocks pressured investor...

Gold Prices Rally in February as Geopolitical Risks and Economic Uncertainty Boost Safe-Haven Demand

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Dominican Republic Unveils Massive Rare Earth Deposits to Boost High-Tech and Energy Sectors

The Dominican Republic has announced the discovery of significant rare earth deposits that could position the Caribbean nation as a key future supplier of critical minerals for high-tech industries. President Luis Abinader...

Asian Markets Slide as Nvidia Earnings, U.S.-Iran Tensions and AI Valuations Weigh on Investor Sentiment

Asian stock markets declined on Friday as investors pulled back from risk assets, pressured by concerns over elevated technology valuations and persistent geopolitical tensions in the Middle East. Despite strong quarterly...

Politics

Pakistan-Afghanistan Tensions Escalate as Taliban Offer Talks After Airstrikes

Afghanistans Taliban government said it is ready to negotiate with Pakistan after a sharp escalation in cross-border violence that both sides have described as an open war. The crisis intensified when Pakistan launched...

Australian PM Calls Alleged Western Australia Terror Plot “Deeply Shocking” After Arrest

Australian Prime Minister Anthony Albanese has described the arrest of a Western Australian man over an alleged terror plot as deeply shocking, following police claims that the suspect was planning attacks targeting...

Trump Floats “Friendly Takeover” of Cuba as Rubio Reportedly Engages in Talks

U.S. President Donald Trump on Friday suggested the possibility of a friendly takeover of Cuba, stating that Secretary of State Marco Rubio is handling discussions at a very high level. Speaking to reporters at the White...

Argentina Senate Approves Bill to Lower Age of Criminal Responsibility to 14

Argentinas Senate has approved a major penal reform that lowers the age of criminal responsibility from 16 to 14, marking a significant shift in the countrys juvenile justice system. The measure passed on Friday with 44...

Pentagon to Halt Ivy League Programs for U.S. Military Officers Starting 2026

The U.S. Department of Defense will stop sending military officers to professional courses and graduate programs at Ivy League universities beginning in the 202627 academic year, Defense Secretary Pete Hegseth announced...

Science

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...

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...

Technology

Trump Orders Federal Agencies to Halt Use of Anthropic AI Technology

U.S. President Donald Trump announced Friday that he has directed every federal agency to immediately stop using artificial intelligence technology developed by Anthropic, escalating tensions between the federal government...

Federal Judge Blocks Virginia Social Media Age Verification Law Over First Amendment Concerns

A federal judge has temporarily blocked Virginia from enforcing a new social media law designed to protect children from online addiction, ruling that it likely violates First Amendment rights. The decision marks a...

Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding

Nintendo is reportedly preparing a major unwinding of strategic cross-shareholdings that could see MUFG Bank and the Bank of Kyoto sell significant stakes in the iconic Super Mario maker. According to sources familiar with...

Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea

Hyundai Motor Group has signed a landmark agreement with the South Korean government to invest approximately 9 trillion won ($6.26 billion) in major industrial and technology projects along the countrys western coast....

Anthropic Refuses Pentagon Request to Remove AI Safeguards Amid Defense Contract Dispute

Anthropic CEO Dario Amodei said the company will not comply with a Pentagon request to remove critical AI safeguards, despite reported threats that the Department of Defense (DoD) could cut ties and block the firm from its...
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