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FxWirePro: USD/CNY trades in narrow range after mixed economic data from China

Aug 31, 2017 05:03 am UTC| Technicals

USD/CNY is currently trading around 6.5965 marks. It made intraday high at 6.6008 and low at 6.5915 levels. Intraday bias remains bullish till the time pair holds key support at 6.5919 mark. A sustained...

FxWirePro: USD/JPY upside pauses at 23.6% Fib, break above targets 100-DMA at 111.16

Aug 31, 2017 04:17 am UTC| Technicals

USD/JPY buoyed on improved risk sentiment and strong US economic data. The pair has closed above 20-DMA, and bullish divergence keeps scope for upside. U.S. Q2 GDP rose 3.0% annualized vs 2.7% expected, and 2.6%...

FxWirePro: AUD/USD fails at 0.80 handle, surrenders gains to slip below 5-DMA on robust US data

Aug 31, 2017 03:46 am UTC| Technicals

AUD/USD failed shy of 0.80 handle, slips lower to close below 5-DMA on USD strength post robust macro data from the US. U.S. Q2 GDP rose 3.0% annualized vs 2.7% expected, and 2.6% previous in its second...

FxWirePro: Thai baht trades marginally lower despite robust manufacturing output data

Aug 31, 2017 03:44 am UTC| Technicals

USD/THB is currently trading around 33.22 marks. It made intraday high at 33.22 and low at 33.20 marks. Intraday bias remains neutral for the moment. A daily close below 33.20 will drag the parity down...

FxWirePro: Aussie gains against major peers on the back of higher than expected private capital expenditure data

Aug 31, 2017 03:07 am UTC| Technicals

AUD/NZD is currently trading around 1.1029 marks. Pair made intraday high at 1.1024 and low at 1.0963 marks. Intraday bias remains bullish till the time pair holds key support at 1.0923 mark. A daily close...

FxWirePro: Japanese yen falls on the back of lower than expected industrial production data

Aug 31, 2017 02:10 am UTC| Technicals

USD/JPY is currently trading around 110.57 marks. It made intraday high at 110.59 and low at 110.16 levels. Intraday bias remains bullish till the time pair holds key support at 109.54 marks. A daily close...

FxWirePro: South Korean won trades almost flat against euro after BOK’s rate decision

Aug 31, 2017 01:24 am UTC| Technicals

EUR/KRW is currently trading around 1,333 mark. Pair made intraday high at 1,335 and low at 1,333 levels. Intraday bias remains neutral for the moment. A sustained close above 1,334 will take the parity...

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Economy

Asian Markets Extend Rally as Yen Strengthens with Bank of Japan Holding Steady

Asian markets climbed higher on September 20, following the U.S. interest rate cut, while the yen strengthened after the Bank of Japan upheld its monetary policy. The MSCI Asia-Pacific index rose 0.6%, driven by Wall...

China’s Budget Spending Falls as Land Sale Revenue Plummets, Raising Economic Concerns

Chinas budget spending has shrunk at an accelerated pace, driven by a steep decline in land sale revenues. With local governments reporting a 41.8% drop in income from land sales last month, concerns are rising about the...

Clean Energy Sector Added 150,000 Jobs in 2023, Boosted by the Inflation Reduction Act

The clean energy industry added nearly 150,000 new jobs in 2023, driven by the Inflation Reduction Act, according to a report by E2. Southern states led this growth, accounting for 36% of the new positions as the renewable...

China Expected to Lower Policy and Lending Rates After U.S. Interest Rate Cut

A Reuters poll suggests that China will likely lower its central policy and lending rates on September 20, following the U.S. Federal Reserves significant interest rate cut. This anticipated move aims to stimulate Chinas...

미국 은행주 상승, 대규모 금리 인하로 채무 불이행 위험 및 비용 우려 완화

연방준비제도(Fed)가 50bp(베이시스 포인트) 금리 인하를 단행한 다음 날인 목요일, 미국 은행주의 주가가 프리마켓 거래에서 상승했다. 이번 금리 인하는 예금 비용을 줄이고 차입자들에 대한 압박을 완화할 것으로 기대된다. 올해...

Politics

7 Signs Donald Trump Could Win the 2024 Presidential Race Against Kamala Harris

As the 2024 presidential race looms, speculation is growing over whether former President Donald Trump can reclaim the White House in a head-to-head battle against Vice President Kamala Harris. While both candidates would...

Antony Blinken 2024: Age, Family, Net Worth, and Political Career Unveiled

As Secretary of State Antony Blinken continues to lead U.S. diplomatic efforts around the globe, his role in shaping the nations foreign policy has never been more critical. As the 2024 election year approaches, Blinken...

Merrick Garland 2024: Age, Family, Net Worth, and Political Career Revealed

Merrick Garland, the current U.S. Attorney General, continues to be a central figure in American legal and political discussions as 2024 approaches. Garland, known for his decades-long judicial career and his role in...

Mitch McConnell 2024: Age, Family, Net Worth, and Political Career Explored

As 2024 approaches, Senate Minority Leader Mitch McConnell remains a pivotal figure in American politics, continuing to exert significant influence over the Republican Partys direction. With decades of experience in the...

Chuck Schumer 2024: Age, Family, Net Worth, and Political Career Analyzed

Senate Majority Leader Chuck Schumer remains a dominant force in U.S. politics as 2024 approaches, with his leadership shaping key legislative battles and party strategy. With a long tenure in public service, Schumer is a...

Science

Starlink Aviation Expands to 2,500 Aircraft After United Airlines Partnership

SpaceXs Starlink Aviation service is expanding rapidly, with 2,500 aircraft now under contract after a recent agreement with United Airlines. This marks a significant milestone in in-flight connectivity, as Starlink...

SpaceX's Polaris Dawn Crew Achieves Historic Spacewalk and Advances Commercial Space Exploration

SpaceXs Polaris Dawn mission accomplished several milestones during its five-day journey, including the most remote spacewalk in history. Crew members conducted 36 groundbreaking experiments, advancing knowledge in space...

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

Technology

Tesla and BYD Win Big as EU and China Agree to Slash EV Import Tariffs

In a significant development, the EU and China have agreed to lower tariffs on electric vehicles, benefiting Tesla and BYD. The move follows intense discussions about pricing and potential subsidies impacting the European...

Elon Musk Accused of Disabling Cybertruck Used in Ukraine-Russia War by Chechen Leader

Ramzan Kadyrov, the Chechen leader, alleges that Elon Musk remotely disabled his Tesla Cybertruck during its use in the Ukraine-Russia war, adding another twist to the ongoing controversy surrounding the vehicles presence...

BlackRock Bitcoin ETF Options Debut on Nasdaq After SEC Approval, Ushering in New Trading Era

The SEC has approved options trading for BlackRocks iShares Bitcoin ETF on the Nasdaq, marking the first spot Bitcoin ETF with options in the U.S., potentially transforming Bitcoin risk management for institutional...

Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level

Shiba Inu witnessed a 115% rise in whale activity, pushing its price to $0.0000145. The surge signals strong investor confidence as SHIB approaches a critical resistance level. Every day brings a new twist to the Shiba...

Bitcoin Rumor Ignites: Michael Saylor of MicroStrategy Hints US Banks to Custody Bitcoin

Michael Saylor, CEO of MicroStrategy, has stirred the crypto world by revealing credible rumors that major US banks may soon provide Bitcoin custody services, potentially revolutionizing the intersection of traditional...