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FxWirePro:Nikkei trades below trend line support, dip till 21800 likely

Dec 06, 2017 03:01 am UTC| Technicals

Nikkei falls for fourth consecutive days after forming a temporary top around 22995.The index declined almost 800 points from the high. It has also broken trend line support at 22500.Nikkei is trading weak on global...

FxWirePro: EUR/KRW remains well supported above 1,280 mark, sustained close below requires for downside rally

Dec 06, 2017 02:26 am UTC| Technicals

EUR/KRW is currently trading around 1,289 mark. Pair made intraday high at 1,290 and low at 1,281 levels. Intraday bias remains bullish till the time pair holds key support at 1,278 mark. A sustained close...

FxWirePro: XAG/USD hits fresh 5-month low at $16.00 mark, U.S. ADP job data in focus

Dec 06, 2017 01:36 am UTC| Technicals

XAG/USD is currently trading around $16.07 marks. It made intraday high at $16.12 and low at $16.05 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.22 mark. A daily close...

FxWirePro: Aussie falls against major peers as GDP data misses expectations

Dec 06, 2017 01:00 am UTC| Technicals

AUD/NZD is currently trading around 1.1010 marks. Pair made intraday high at 1.1083 and low at 1.1009 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.1062 mark. A sustained...

FxWirePro: CAD/JPY break trend line resistance, jump till 90.75 likely

Dec 05, 2017 13:11 pm UTC| Technicals

CAD/JPY formed a temporary bottom around 86.80 and jumped almost 230 pips from the low. Canadian dollar was trading high since Friday against all major after better than expected Canadian employment data. The pair breaks...

FxWirePro: GBP/CHF Trade idea

Dec 05, 2017 12:23 pm UTC| Technicals

Chart Pattern- Triple top GBP/CHF has shown a major selling after showing a minor jump above 1.3330 yesterday. The pair declined till 1.3234 and is currently trading around 1.32344. The slight dip in GBP was due to...

FxWirePro: Crude Oil trades lower on rising US rig count, good to sell on rallies

Dec 05, 2017 12:02 pm UTC| Technicals

US crude oil hits high at $59.02 and shown a minor decline from that level. The 14 member OPEC along with 10 oil states outside OPEC has agreed to extend the production cut till 2018 year end. The crude oil prices...

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Economy

South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks

South Korea has decided to extend its bond market stabilization programs through 2026, signaling a proactive effort to safeguard financial stability amid growing uncertainty in both domestic and global markets. The...

U.S. Stock Futures Mixed as Tech and AI Stocks Face Pressure Ahead of CPI Data

U.S. stock index futures traded mixed on Sunday evening as investors remained cautious toward technology and artificial intelligence stocks following disappointing guidance from major tech players. Concerns around the...

Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership

Korea Zincs board is set to convene on Monday to vote on a major overseas investment plan that could significantly strengthen the supply chain for critical minerals in the United States. According to a source familiar with...

Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike

Business sentiment among major Japanese manufacturers climbed to a four-year high in the three months to December, signaling resilience in Japans economy despite pressure from higher U.S. tariffs. According to the Bank of...

ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement

Shares in ASX Ltd (ASX: ASX) came under pressure on Monday after Australias corporate regulator announced a significant capital charge against the exchange operator, raising concerns among investors about governance, risk...

Politics

Hong Kong Democratic Party Disbands After Member Vote Amid Security Crackdown

Hong Kongs last major opposition party, the Democratic Party, has voted to disband, marking a significant moment in the citys political history and underscoring the impact of Chinas national security crackdown on liberal...

Ukraine’s NATO Concession Unlikely to Shift Peace Talks, Experts Say

Ukraines recent offer to abandon its long-standing ambition to join NATO is unlikely to have a major impact on ongoing peace talks with Russia, according to several foreign policy and security experts. During discussions...

Thousands Protest in Brazil Against Efforts to Reduce Jair Bolsonaro’s Prison Sentence

Thousands of Brazilians took to the streets on Sunday in major cities to protest a controversial legislative effort aimed at reducing the prison sentence of former President Jair Bolsonaro and his supporters for plotting...

Zelenskiy Signals Willingness to Drop NATO Bid as Ukraine, U.S. Hold Crucial Peace Talks in Berlin

Ukrainian President Volodymyr Zelenskiy has indicated a major shift in Ukraines long-standing foreign policy by offering to drop the countrys aspirations to join NATO, as part of renewed efforts to end the war with Russia....

Belarus Frees Opposition Leaders Maria Kalesnikava and Viktar Babaryka in U.S.-Brokered Deal

Two of Belaruss most prominent opposition figures, Maria Kalesnikava and Viktar Babaryka, have spoken publicly after being released from prison following a deal brokered by the United States, saying they have no regrets...

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

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...

Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform

Atlassian Corps popular work management software Trello experienced a service disruption on Friday, leaving a number of users unable to access the platform. The outage was flagged by internet monitoring service...
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