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Fri, Dec 05, 2025 09:04 AM All times are UTC

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FxWirePro: GBP/AUD downside pressure builds, key support level in focus

Nov 11, 2025 23:33 pm UTC| Technicals

GBP/AUD dipped on Tuesday as weak UK labour market data boosted hopes for Bank of England rate cuts. Official data show that UK unemployment rose to 5% in the three months to September, indicating a weakening labor...

FxWirePro: EUR/CAD attracts buying interest, 38.2% fibonacci eyed

Nov 11, 2025 17:20 pm UTC| Technicals

EUR/CAD strengthen on Tuesday as traders digested soft German investor sentiment data and a raft of remarks from policymakers. ECB officials noted on Tuesday that eurozone inflation risks are balanced and economic...

FxWirePro: USD/CAD downside pressure builds, key support level in focus

Nov 11, 2025 16:55 pm UTC| Technicals

USD/CAD slipped lower on Tuesday as higher oil price and weaker greenback boosted Canadian dollar. The U.S. dollar slipped lower on worries over the weakening labor market after data showed private employers reduced...

FxWirePro: EUR/USD uptrend gains momentum but hurdles ahead

Nov 11, 2025 16:10 pm UTC| Technicals

EUR/USD strengthened on Tuesday as dollar dipped on concerns about the deteriorating U.S. labor market after a report showed that private employers cut jobs last month. ADP Research reported on Tuesday that preliminary...

FxWirePro: GBP/USD extends losses after disappointing UK labour data

Nov 11, 2025 08:14 am UTC| Technicals

GBP/USD extends losses on Tuesday as sterling was weighed down after weaker-than-expected UK labour market data. The UK unemployment rate rose to 5 per cent and wage growth slowed in the three months to September ...

FxWirePro: USD/ZAR trades sideways before key domestic indicators

Nov 11, 2025 07:51 am UTC| Technicals

USD/ZAR traded in narrow range on Tuesday as traders awaited release of South Africas unemployment and manufacturing data later in the day. The rand rebounded on Monday, rising around 1% after the U.S. Senate approved...

FxWirePro: NZD/USD edges lower as U.S. dollar firms on optimism over US government reopeningnew

Nov 11, 2025 05:29 am UTC| Technicals

NZD/USD edged lower on Tuesday as the U.S. dollar gained on optimism that the government shutdown could soon be resolved. The U.S. Senate on Sunday cleared a preliminary vote on a deal to end the record-breaking...

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Economy

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth

Germanys economic outlook remains cautious, with a new forecast from the German Economic Institute (IW) indicating only modest improvement in 2025 as global trade falters and domestic financial pressures intensify....

Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data

Japans Nikkei 225 slid on Friday, erasing its gains for the week and diverging from mostly positive Asian markets as investors turned cautious ahead of a crucial U.S. inflation reading that could influence the Federal...

Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth

Europe is facing growing competitive pressure from China as Beijing intensifies its export-driven growth strategy, a shift Goldman Sachs says is reshaping the outlook for several major European industries. The bank...

Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook

Citigroup has raised its outlook for European equities, setting a 2026 year-end target of 640 for the STOXX 600 index. The forecast suggests a potential 10.5% upside from Thursdays close, reflecting growing confidence in...

Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...