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Dollar is at risk of further drop

Aug 14, 2015 12:29 pm UTC| Insights & Views

Investors and traders are becoming doubtful of the FEDs move in September to hike rates from record low for the first time in almost 9 years as recent data from US continues to underwhelm. Many analysts believe that this...

WTI drops to new six-year low as supply glut remains a US phenomenon

Aug 14, 2015 12:03 pm UTC| Insights & Views

Today WTI dropped to new six year low since the rout started 14 months ago, in June 2014. WTI CFDs (contract for difference) traded as low as $39.55/barrel. Today at one point, Brent - WTI spread rose to almost...

Caution Warranted on GBP Longs

Aug 14, 2015 11:37 am UTC| Insights & Views

Cable sold off modestly on the day after BoEs first Super Thursday release of its rate decision, Quarterly Inflation Report and Minutes were taken dovishly by the markets. British construction output returned to moderate...

Euro is the new safe haven for European stocks

Aug 14, 2015 11:02 am UTC| Insights & Views

In recent past we have been arguing that Euro might be acting as a safe haven currency as massive policy easing from European Central bank has given it some characteristics of a safe haven currency. As of now, European...

Guide to today’s important data and events

Aug 14, 2015 09:49 am UTC| Insights & Views

Not many economic dockets scheduled for today, focus is on Euro zone GDP. Data released so far - France - Preliminary reading showed, Frances GDP failed to grow in second quarter from first, up 1% on yearly basis. Non...

FxWirePro: EUR/GBP delta risk reversal indicates short term upswings most likely but major downtrend puzzling

Aug 14, 2015 08:46 am UTC| Insights & Views

As you can make out from the nutshell, bulls gaining buying interest as 1W ATM contracts showing positive flashes but this is yet to be confirmed in long run even on technical charts. The same ATM contracts for next 6...

FxWirePro: GBP/JPY calls ratio spread as trend to remain sideways or slightly bullish

Aug 14, 2015 07:13 am UTC| Insights & Views

Although EOD chart suggests some bearish signals such as shooting star appeared at 194.222, this should not be deemed as reversal as leading oscillators moving in convergence with the stagnant range 194.363 to 192.288 from...

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Economy

U.S. Stock Futures Hold Steady as Wall Street Eyes Middle East Diplomacy and Earnings Season

U.S. stock index futures were relatively flat Tuesday evening following a strong regular session that pushed the SP 500 close to its all-time closing high. By late evening, SP 500 Futures hovered near 7,007.75, Nasdaq 100...

Oil Prices Slip as U.S.-Iran Ceasefire Hopes Ease Middle East Tensions

Oil prices continued their downward trend during Asian trading hours on Wednesday, extending significant losses from earlier in the week as diplomatic developments between the United States and Iran raised hopes for a...

China's Trade Surplus Shrinks Sharply in March Amid AI Import Surge and Export Slowdown

Chinas trade balance dropped significantly in March, falling well below market expectations as a surge in imports collided with weaker-than-anticipated export growth. Official customs data revealed a trade surplus of...

Australian Business Confidence Crashes Amid Iran War Oil Shock

Australian business confidence suffered one of its steepest monthly declines on record last month, as the ongoing conflict involving Iran triggered a severe global oil shock that rattled markets and spooked company...

RBA's Hauser Flags Uncertainty on Rate Settings Amid Iran War Economic Risks

Australias central bank is treading carefully on monetary policy, with Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser admitting he lacks full confidence that current interest rates are calibrated correctly...

Politics

South Africa Appoints Roelf Meyer as New U.S. Ambassador Amid Diplomatic Tensions

South African President Cyril Ramaphosa has selected Roelf Meyer, a celebrated figure in the countrys transition from apartheid, to serve as South Africas next ambassador to the United States. Presidential spokesperson...

Trump Says Iran War "Very Close to Over" as Ceasefire Holds

President Donald Trump expressed cautious optimism about the ongoing U.S.-Iran conflict on Tuesday, suggesting the war may be nearing its conclusion. In an exclusive White House interview with Fox Business anchor Maria...

NYC Protests Demand End to U.S. Arms Sales to Israel, Dozens Detained

Dozens of demonstrators were arrested in New York City on Monday during widespread protests calling for the United States to halt arms sales to Israel and withdraw its military support for the country. The antiwar...

Trump Nominates Korean-American Michelle Steel as U.S. Ambassador to South Korea

Donald Trump has nominated Michelle Steel, a former Republican congresswoman from California, to serve as the United States ambassador to South Korea a diplomatic post that has remained vacant throughout his second term...

Prince Harry and Meghan Return to Australia for Mental Health and Veterans-Focused Tour

Prince Harry and Meghan, the Duke and Duchess of Sussex, have touched down in Australia for a four-day visit centered on mental health awareness, community resilience, and support for military veterans and their families....

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

Anthropic Nears $800 Billion Valuation as Investor Confidence Surges

Anthropic, the artificial intelligence startup behind the Claude AI assistant, is reportedly fielding investment offers that could value the company at up to $800 billion. According to Business Insider, multiple venture...

SK Hynix Shares Hit Record High Amid AI Memory Demand Surge

SK Hynix shares soared to an all-time high on Tuesday, riding a wave of renewed investor confidence in artificial intelligence infrastructure and fresh momentum from developments tied to fellow memory chipmaker SanDisk....

Amazon in Advanced Talks to Acquire Globalstar in Starlink Rivalry Move

Amazon.com Inc (NASDAQ: AMZN) is reportedly in advanced negotiations to acquire satellite operator Globalstar Inc (NASDAQ: GSAT), marking a bold strategic push by the tech giant to challenge SpaceXs dominant Starlink...

Anthropic Discusses Frontier AI Model Mythos With Trump Administration Despite Pentagon Ban

Anthropic is actively engaging with the Trump administration about its latest frontier AI model, Mythos, even as the company navigates an ongoing dispute with the Pentagon, co-founder Jack Clark revealed Monday at the...

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...
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