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FxWirePro: Gold Daily Outlook

Jun 12, 2019 05:45 am UTC| Technicals

Gold has shown a good recovery of more than $10 from yesterdays low of $1319.97 on slight weakness in US dollar.It is currently trading around $1332. US Dollar Index -Trend weak. US Dollar index is consolidating...

FxWirePro: AUD/USD slips below 21-EMA, looming US-China trade risks cap upside

Jun 12, 2019 04:42 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD is trading 0.18% lower on the day at 0.6948 at 04:25 GMT. The pair has slipped below 21-EMA support raising scope for further downside. Aussie under pressure amid looming...

FxWirePro: USD/THB hits fresh 4-month low at 31.23 mark, stay bearish

Jun 12, 2019 04:32 am UTC| Technicals

USD/THB is currently trading around 31.24 marks. It made intraday high at 31.27 and low at 31.23 marks. Intraday bias remains bearish l till the time pair holds key resistance at 31.42 marks. On the top...

Crypto Technicals: Correction in LTC/USD imminent, overbought conditions and major resistance corroborate

Jun 12, 2019 03:53 am UTC| Digital Currency Technicals

LTC/USD chart - Trading View Exchange - Coinbase Support: 127.62 (5-DMA); Resistance: 148.07 (78.6% Fib) Technical Analysis: Bias Bullish LTC/USD hits new multi-month highs at 141.42, before paring some...

FxWirePro: USD/SGD trades in narrow range, Singapore’s retail sales data in focus

Jun 12, 2019 03:53 am UTC| Technicals

USD/SGD is currently trading around 1.3643 marks. It made intraday high at 1.3647 and low at 1.3631 levels. Intraday bias remains neutral till the time pair holds key support at 1.3622 mark. A daily close...

FxWirePro: Nikkei Daily Outlook

Jun 12, 2019 03:44 am UTC| Technicals

Nikkei is consolidating after hitting high of 21330. The index jumped more than 5% in past one week.US markets has given up gains made earlier yesterday and closed slightly lower.Asian markets are holding due...

FxWirePro: Chinese yuan trades marginally lower after CPI, PPI data

Jun 12, 2019 03:03 am UTC| Technicals

USD/CNY is currently trading around 6.9150 marks. It made intraday high at 6.9168 and low at 6.9088 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.8979 mark. A...

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Economy

US Stock Futures Rally as US-Iran Peace Deal Boosts Market Sentiment Ahead of Fed Meeting

U.S. stock index futures surged on Sunday evening after the United States and Iran confirmed they had reached a peace agreement aimed at ending hostilities and restoring key shipping routes across the Middle East. The...

Asian Markets Rally as US-Iran Peace Deal Sparks Oil Price Drop and Weakens Dollar

Asian stock markets surged on Monday while the U.S. dollar weakened and oil prices fell sharply after reports confirmed that the United States and Iran had reached a peace agreement. The development boosted investor...

Oil Prices Fall as Iran-U.S. Deal Eases Supply Concerns

Global oil prices declined sharply on Monday after signs of easing tensions between the United States and Iran reduced concerns about potential disruptions to global energy supplies. Brent crude futures dropped $3.51, or...

Trump Announces Iran Deal, Strait of Hormuz Reopening Amid Ongoing Regional Tensions

U.S. President Donald Trump announced on Sunday that a proposed agreement between the United States and Iran is effectively complete, highlighting plans to reopen the Strait of Hormuz and remove the U.S. naval blockade on...

Lazard Challenges Centerview for Role in Venezuela’s Massive Debt Restructuring

Investment bank Lazard has reportedly offered a $25 million proposal to replace Centerview Partners as Venezuelas financial adviser in what could become one of the largest sovereign debt restructurings in history,...

Politics

E4 Nations Signal Readiness to Lift Iran Sanctions Following U.S.-Iran Peace Deal

The United Kingdom, France, Germany, and Italy have expressed their willingness to lift sanctions on Iran if the country takes concrete steps to address concerns surrounding its nuclear program. The announcement came after...

Mitch McConnell Hospitalized After Medical Incident in Washington

U.S. Senator Mitch McConnell was admitted to a hospital on Sunday morning following a medical incident, according to a statement released by his spokesperson. The Kentucky Republican, who has served in the Senate for...

Trump Opposes FISA Renewal Without SAVE Act Voting Requirement

U.S. President Donald Trump said on Sunday that he would oppose any renewal of the Foreign Intelligence Surveillance Act (FISA) unless lawmakers include provisions from the SAVE Act, a measure aimed at strengthening voter...

US-Iran Peace Deal Nears as Ceasefire Agreement Set for Switzerland Signing

The United States and Iran have reportedly reached a landmark agreement aimed at ending months of conflict, with an official signing ceremony scheduled for Friday in Switzerland, according to Pakistani Prime Minister...

Switzerland Rejects Population Cap Proposal, Preserving EU Labor Ties

Switzerland has rejected a proposal to cap its population at 10 million people, with voters choosing economic stability and strong relations with the European Union over concerns about rising immigration, housing...

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

UK Banks Report Surge in APP Fraud Losses as Pressure Mounts on Meta and Tech Platforms

Britains banking sector recorded a sharp rise in losses linked to authorized push payment (APP) fraud in 2025, highlighting growing concerns over online scams and increasing calls for stronger accountability from...

SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead

SpaceX stock (NASDAQ: SPCX) has received an optimistic initiation from Wolfe Research, which assigned a $175 price target shortly after the company completed what is being described as the largest IPO in history. The...

Anthropic Officials Meet White House Over AI Model Outage

Senior executives and technical leaders from Anthropic are reportedly in Washington, D.C., holding discussions with White House officials in an effort to resolve a dispute that has affected access to the companys most...

SpaceX IPO Sparks Market Optimism as Shares Surge 19% on Trading Debut

SpaceX delivered one of the most significant stock market debuts in recent years, boosting investor confidence and signaling strong demand for high-growth companies despite recent market volatility. The aerospace giant,...

AI Memory Boom Sparks Global Chip Supply Crunch

The rapid expansion of artificial intelligence (AI) infrastructure is creating a structural shortage in the global memory chip market, according to a recent Morgan Stanley report. The investment bank warns that soaring...