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Thu, Dec 25, 2025 01:49 AM All times are UTC

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FxWirePro: US Oil rangebound below 55-EMA, turns cautious ahead of EIA inventories data

Jul 25, 2018 10:22 am UTC| Technicals

WTI was buoyed overnight as API data showed that US crude inventories decline again. According to the American Petroleum Institute (API), crude inventories in the US fell 3.2 million barrels last week. The drop...

FxWirePro: GBP/JPY Daily Outlook

Jul 25, 2018 09:26 am UTC| Technicals

GBP/JPY has halted its 6 days of weakness and has jumped almost 90 pips from the low of 145.46. The pair has lost more than 350 points in previous week. GBP is trading higher for the third consecutive day and jumped till...

FxWirePro: Silver stabilizes above $15.40 mark, stay bearish only below $15.42

Jul 25, 2018 08:15 am UTC| Technicals

XAG/USD is currently trading around $15.47 marks. It made intraday high at $15.52 and low at $15.41 levels. Intraday bias remains neutral till the time pair moves in stiff boundaries from $15.40 to $15.52...

Digital Currency Revolution

FxWirePro: BTC/USD rangebound below 8,500, bias bullish, analysts see potential for run up to 10,000

Jul 25, 2018 07:30 am UTC| Digital Currency Technicals

BTC/USD surged to near 8500 levels on Tuesday and is currently trading at 8322 levels at the time of writing (Bitstamp). Bitcoin price has jumped by over 15 percent so far this week. The spike seems to be driven by the...

FxWirePro: EUR/JPY recovery capped at 100-DMA, focus on German Ifo and EU-US trade talks for further impetus

Jul 25, 2018 07:24 am UTC| Technicals

EUR/JPY is trading in a narrow range as we head into German Ifo index data. Markets expect the German Ifo surveys to disappoint. Any positive surprise could see some upside. The pair has paused 5 straight...

FxWirePro: South African rand rises against U.S. dollar, good to sell on rallies

Jul 25, 2018 07:21 am UTC| Technicals

USD/ZAR is currently trading around 13.23 levels. It made intraday high at 13.31 and low at 13.22 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.52 marks. A daily...

FxWirePro: Euro sold-off ahead of German Ifo, Juncker-Trump trade talks, EUR/GPB extends weakness below 5-DMA

Jul 25, 2018 07:07 am UTC| Technicals

EUR/GPB extends retreat from 4-month highs at 0.8957 hit on July 20th trade, slips for 4th straight session. The single currency sold-off ahead of German Ifo and all-important trade talks between the European Union...

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Economy

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

The United States and Japan have agreed to accelerate coordination on their Strategic Investment Initiative, a major bilateral framework backed by a $550 billion fund established under the two countries tariff agreement....

Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

Japan is preparing to issue new government bonds worth approximately $189 billion to help finance a record-breaking national budget for the next fiscal year, according to a draft budget reviewed by Reuters. The move...

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Bank of Japan (BOJ) policymakers actively debated whether to continue raising interest rates toward levels considered neutral for the economy, according to minutes from their October policy meeting released on Wednesday....

Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

Spot gold surged past the key psychological level of $4,500 per ounce for the first time on Wednesday, marking a historic milestone for the precious metal and reinforcing its status as a preferred safe-haven asset. The...

Politics

Kim Jong Un Oversees Missile Test Amid Rising Korean Peninsula Tensions

North Korean leader Kim Jong Un has overseen the test-firing of long-range surface-to-air missiles near the countrys east coast, according to a report by state media outlet KCNA. The missile test, conducted on Wednesday...

U.S. Urges Acceptance of Honduras Election Results as Nasry Asfura Declared President-Elect

The administration of U.S. President Donald Trump has called on all political actors in Honduras to accept the official outcome of the countrys recent presidential election, following the declaration of victory for Nasry...

Global Backlash Grows Over Israel’s Approval of New West Bank Settlements

Several countries, including Britain, Canada, Germany, and a number of European and Asian nations, have strongly condemned Israels recent decision to approve 19 new settlements in the occupied West Bank, warning that the...

Israel Advances Controversial Inquiry Bill Into October 7 Hamas Attack Amid Public Backlash

Israels parliament has given initial approval to a controversial bill that would allow the government to control an inquiry into the October 7, 2023 Hamas attack, a move that has intensified political tensions and drawn...

Anutin Charnvirakul Named Bhumjaithai PM Candidate Ahead of Thailand’s February Election

Thailands caretaker prime minister Anutin Charnvirakul has been officially selected by the Bhumjaithai Party as its candidate for prime minister in the upcoming general election scheduled for February 8. The decision comes...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...