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FxWirePro: NZD/JPY forms "gravestone doji after dropping resistance 75.920, may retest support at 74.190 - buy one touch binary puts

Mar 02, 2016 12:33 pm UTC| Insights & Views

The pair rallied from yesterdays lows of 73.947 to todays highs of 75.920 levels.That is where it has rejected the resistance and now struggling to hold onto the current levels of 75.527 also. In this process, it has...

A demand-driven rise in oil price broadly good for global growth

Mar 02, 2016 12:04 pm UTC| Insights & Views

Speculative investors are growing bullish in oil, anticipating an improved supply-demand balance, but it is highly questionable whether this would even be possible in 2016 without some associated cutback in supply. It will...

FxWirePro: Rising inflation may trouble Korean currency, BoK likely to remain unchanged - KRW CCS flattened on deprived foreign investments

Mar 02, 2016 11:47 am UTC| Insights & Views

After soft industrial production data for January, now inflation for south Korea is lined up tomorrow to disturb KRW.Output declined by a seasonally adjusted 1.8% MoM in January, a relatively sharp turn from Decembers 0.5%...

FxWirePro: Turkish inflation release this week likely to wipe off TRY's gains - USD/TRY hedging strategies

Mar 02, 2016 10:46 am UTC| Insights & Views

In Turkey, the inflation in February is expected to accelerate to 9.8% YoY terms, it is scheduled to be printed on Thursday.Inflation expectations remain de-anchored as a result of the CBTs reactive policy stance and...

RBA on hold, robust Q4 growth cushions Aussie dollar

Mar 02, 2016 10:04 am UTC| Insights & Views

Real GDP growth was a solid 0.6% q/q (not annualised) in 4Q15, following 1.1% (revised up from 0.9%) in the previous quarter. Once again, growth was driven by consumption, thanks to supportive labour market conditions and...

Chief Scientist's address to the National Press Club: The voyage of science and innovation

Mar 02, 2016 09:54 am UTC| Insights & Views Science

Below is a transcript of the speech given by Australias Chief Scientist, Dr Alan Finkel AO, at the National Press Club on 2nd March 2016. Lessons from a lost ship Let me start with a story about a small nation with...

How the political crises of the modern Muslim world created the climate for Islamic State

Mar 02, 2016 02:24 am UTC| Insights & Views Politics

Harith Bin Ramli, Research Fellow, Cambridge Muslim College Teaching Fellow, SOAS, University of London How do we account for forces and events that paved the way for the emergence of Islamic State? Our series on the...

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Economy

Supertanker Orders Surge as US-Iran War Reshapes Oil Trade

Shipowners are ordering supertankers at the fastest pace in at least 25 years as the US-Iran war disrupts traditional oil routes and increases demand for long-distance crude shipments. Signal Group data shows 217 Very...

Yemen Fighting Threatens Red Sea Oil Routes

Escalating fighting in Yemen is forcing civilians to flee across the Red Sea while raising fresh concerns over global oil supplies as the wider Middle East conflict spreads to critical energy routes. More than 100,000...

European Stocks Rally After Fed Hike, Iran Peace Hopes

European stocks rallied on Thursday as investors welcomed the Federal Reserves first interest rate increase in more than three years while signs of potential diplomatic progress in the Middle East boosted market sentiment....

US Stock Futures Rally as Markets Digest Fed Rate Hike

U.S. stock futures climbed sharply on Thursday as investors reassessed the Federal Reserves first interest rate increase in more than three years and Treasury yields retreated from recent highs. SP 500 and Dow Jones...

East Germany Narrows Economic Gap With West but Wealth Divide Persists

More than three decades after German reunification, the economy of former East Germany has made major progress toward matching the west, particularly in employment and household income. However, significant differences...

Politics

Japan, U.S. Discuss $19 Billion GlobalFoundries Chip Plant

Japan and the United States are discussing plans to build a major semiconductor factory under their $550 billion investment agreement, with GlobalFoundries Inc. potentially operating the facility, according to a report...

Trump Threatens EU Tariffs Over Canada Membership Proposal

U.S. President Donald Trump has threatened to impose steep tariffs on the European Union if Brussels moves ahead with a proposal to make Canada the blocs first associate member, raising the prospect of renewed trade...

ICE Agent Arrested in Minneapolis Over Venezuelan Man Shooting

A federal immigration officer accused of shooting and wounding a Venezuelan man during a Minneapolis immigration operation was arrested Wednesday, eight months after the incident became a focal point of controversy...

Paris Talks Focus on Lebanon Army Needs as UNIFIL Exit Looms

European and Arab military chiefs are set to meet in Paris on Thursday to assess the Lebanese Armed Forces military and financial needs as concerns grow over the planned withdrawal of U.N. peacekeepers and the risk of...

US-China Experts Push AI Nuclear Safeguards to Prevent Military Escalation

U.S. and Chinese security experts are calling for stronger safeguards on military artificial intelligence, warning that autonomous AI systems could trigger a dangerous escalation between the two nuclear powers if their...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

France Urges Faster AI Push Despite Safety Risks

French Finance Minister Roland Lescure has pushed back against calls to slow artificial intelligence development, arguing that such proposals could benefit U.S. technology leaders while making it harder for France and...

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...

Databricks to Invest $350 Million in Singapore AI Expansion

Databricks plans to invest more than $350 million in Singapore over the next three years, expanding its presence in the city-state as demand rises for its data and artificial intelligence products. The privately held data...

SK Hynix, Intel Discuss U.S. Memory Chip Production Deal

SK Hynix is reportedly in discussions with Intel over a potential agreement to manufacture memory chips in the United States, a move that would mark the South Korean semiconductor giants first U.S.-based memory production....

DOJ Will Investigate AI-Related Crimes, Attorney General Blanche Says

U.S. Attorney General Todd Blanche said the Department of Justice will investigate individuals or companies connected to artificial intelligence when there is evidence they have violated federal criminal law, while...
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