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Mon, Dec 22, 2025 04:42 AM All times are UTC

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FxWirePro: GBP/JPY breaks 200- day MA, stay short for target of 147

May 03, 2018 09:58 am UTC| Technicals

GBP/JPY is trading weak once again after a minor recovery above 150 yesterday. The pair jumped till 150.12 and declined more than 100 pips from that level. GBP recovered slightly against USD but slight recovery was using...

FxWirePro: Gold recovers slightly after less hawkish FOMC, good to buy on dips

May 03, 2018 09:54 am UTC| Technicals

Gold is consolidating in narrow range between $1313 and $1301.70 for past two trading days. The yellow metal weakness was mainly due to easing geo political tensions especially North Korea. US dollar index has shown a...

FxWirePro: NZD/JPY minor trend slides through falling wedge, major trend plummets below EMAs – Trade tunnel spreads and short hedge

May 03, 2018 09:50 am UTC| Technicals

NZDJPY traders on minor trend are extending slumps after shooting star formation which is bearish in nature, while the minor trend slides through sloping channel, both leading and lagging indicators have been indecisive...

FxWirePro: AUD/CHF breaks out of daily cloud, eyes 200-DMA at 0.7540, stay long

May 03, 2018 09:22 am UTC| Technicals

AUD/CHF has shown a breakout above daily cloud, Aussie buoyed by upbeat trade balance data. Australia Trade Balance data came in at 1.527 billion surplus, compared to previous $825 million and beating estimates for a...

FxWirePro: Silver rises noticeably against U.S. dollar, stay bullish

May 03, 2018 08:43 am UTC| Technicals

XAG/USD is currently trading around $16.45 marks. It made intraday high at $16.45 and low at $16.33 levels. Intraday bias remains bullish till the time pair holds key support at $16.32 mark. A daily close...

FxWirePro: AUD/NZD extends gains above 1.07 handle, bias higher, stay long

May 03, 2018 08:42 am UTC| Technicals

AUD/NZD has resumed upside, breaks out of consolidation along 55-EMA, bias higher. Aussie buoyed by upbeat trade balance data which came in at 1.527 billion surplus, beating forecasts at $650 million. Price has...

FxWirePro: South African rand trades marginally higher against U.S. dollar, bias remains slightly bearish

May 03, 2018 07:42 am UTC| Technicals

USD/ZAR is currently trading around 12.58 levels. It made intraday high at 12.70 and low at 12.58 levels. Intraday bias remains bearish till the time pair holds key resistance at 12.70 mark. A daily close...

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Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Chinas sweeping reforms to its electricity market are rapidly transforming the economics of energy storage, driving a surge in both domestic deployment and global exports of battery technology. As international demand for...

Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

Global investors and borrowers are increasingly turning to the Chinese yuan as lending and financing activity accelerates, driven by attractive pricing and Chinas long-term push to internationalize its currency....

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Politics

NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

Australias New South Wales state parliament was recalled on Monday for an urgent two-day session to debate proposed new laws that would significantly tighten firearm ownership, ban the public display of terror symbols, and...

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

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

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...