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FxWirePro: EUR/SEK stabilizes above 9.89 mark after Riksbank says rate cut probability rising

Oct 28, 2016 06:27 am UTC| Technicals

EUR/SEK is currently trading around 9.8917 levels. It made intraday high at 9.8981 and low at 9.8780 levels. Intraday bias remains bullish for the moment. A daily close above 9.8950 is required to take the...

FxWirePro: EUR/JPY breaks above 100-DMA, good to go long on dips

Oct 28, 2016 06:25 am UTC| Technicals

Fed hike prospects keep USD supported and weigh on the Japaneseyen. Yen markets also appear to have ignored upbeat Japanese CPI figures. EUR/JPY extends upside after breach of 20-DMA resistance on Thursdays...

FxWirePro: 'Shooting star' formed on AUD/CAD daily charts, good to sell rallies

Oct 28, 2016 05:42 am UTC| Technicals

AUD/CAD shows shooting star formation on daily charts. We see scope for correction upto 20-DMA at 1.0078. Violation there could see test of major trendline support at 1.0030. Stochs have rolled over from...

FxWirePro: Silver jumps above $17.70 mark, upside limited

Oct 28, 2016 05:42 am UTC| Technicals

XAG/USD is currently trading around $17.67 marks. It made intraday high at $17.71 and low at $17.57 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $17.87 marks. A...

FxWirePro: ASX200 struggles to close below 200- day MA, good to buy on dips

Oct 28, 2016 05:20 am UTC| Technicals

Major support - 5260 (200- day MA). The index has recovered sharply after breaking slightly below 200- day MA.It is currently trading around 5293. ASX200 breaks below 200- day MA at 5263 and declined till 5260....

FxWirePro: NZD/USD slips along 20-DMA resistance, bias lower

Oct 28, 2016 05:19 am UTC| Technicals

20-DMA weighs on NZD/USD upside, pair extending lower as it slides along falling 20-DMA resistance currently at 0.7152. Bid tone behind the NZD keeps growing bigger as we head into the European...

FxWirePro: Nikkei225 breaks major trend line , good to buy on dips

Oct 28, 2016 04:52 am UTC| Technicals

Major resistance - 16420 (trend line joining 16930 and 17159). Nikkei225 has recovered sharply after declining till 17270 yesterday.It is currently trading around 17432. Technically index is trading above trend...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

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South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

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Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

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China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

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Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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