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Policy makers’ skepticism poses doubts over final Greek deal

Jul 22, 2015 12:15 pm UTC| Insights & Views

Though it is likely that everyone is aware of this but if not lets clear the air once and for all. Greek hasnt secured any deal so far. It has passed several initial measures through parliament to secure an option to...

FxWirePro: EUR/AUD’s rallies follow trendline support; option straps ensure upper biased hedging

Jul 22, 2015 11:38 am UTC| Insights & Views

Technical Glance:The pair has breached trendline support at 1.4677 as per our prediction with an "inverted hammer" formation. After a downtrend, the formation of an inverted hammer is bullish because prices hesitated their...

API reports surplus, while market awaits EIA report – calls included

Jul 22, 2015 11:28 am UTC| Insights & Views

Crude is at crucial juncture ahead of weekly inventory report. WTI is trading at key support level, both technical and psychological at $50/barrel. Todays inventory report from US Energy Information Administration (EIA),...

FxWirePro: EUR/CAD collars to hedge its uptrend

Jul 22, 2015 11:13 am UTC| Insights & Views

If anyone thinks Euro to spike up further against Canadian dollar, then cover your underlying currency exposures with collars strategy exclusively on hedging grounds.An inverted hammer pattern candle appeared at 1.4058...

FxWirePro: USD/CAD bull rallies on; buy one touch spreads to trade HY vols on the verge of crude inventory check

Jul 22, 2015 10:47 am UTC| Insights & Views

We tend to reiterate quite often distinguishing facts from fiction. It seems USD taking a halt from its non-stop ruthless bull run against CAD which has started almost a month ago (on 18th June). Yes, its loonie that is...

RBA likely to wait-and-watch for another quarter

Jul 22, 2015 10:41 am UTC| Insights & Views

Today Australian Bureau of Statistics released inflation number for second quarter which showed that inflation is still undershooting projection and expectation of policy makers. Consumer price index rose by 0.7% in...

FxWirePro: EUR/JPY debit gamma spreads ensure risk reward profile for risk averse on hedging front

Jul 22, 2015 09:58 am UTC| Insights & Views

Technical Glance:It is perceived as risky to have opened naked position on highly volatile non directional trend. EUR/JPY is now alike a non directional pattern as this pair is boiling up with lots of bearish candles but...

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Economy

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...

U.S.-Iran Tensions Rattle Asian Markets as Oil Surges Past $100

Asian stock markets declined sharply on Monday after weekend diplomatic talks between the United States and Iran collapsed without agreement, prompting Washington to announce plans to blockade the Strait of Hormuz. The...

Dollar Holds Steady Amid U.S.-Iran Tensions and BOJ Rate Hike Uncertainty

The U.S. dollar remained largely flat on Tuesday as currency markets balanced geopolitical risks from escalating U.S.-Iran tensions against hopes for renewed diplomatic progress. The dollar index edged up just 0.04% to...

Politics

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....

North Korea Tests Missiles From New Destroyer Under Kim Jong Un's Watch

North Korea has conducted fresh missile tests from its newest warship, the Choe Hyon destroyer, as part of ongoing operational trials observed by leader Kim Jong Un and top military officials. State media outlet KCNA...

Carney's Liberals Clinch Parliamentary Majority After Ontario and Quebec By-Elections

Canadian Prime Minister Mark Carney has secured a parliamentary majority for his Liberal government following three special by-elections held Monday in Ontario and Quebec, CBC News reported. The milestone victory gives...

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

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...

Meta Is Building an AI Version of Mark Zuckerberg to Interact With Employees

Meta Platforms is reportedly developing a photorealistic artificial intelligence version of its CEO, Mark Zuckerberg, designed to engage directly with employees on his behalf. According to the Financial Times, which cited...
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