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FxWirePro: NZD/USD hovers around 0.73 handle, focus on Fed, RBNZ

Sep 21, 2016 07:00 am UTC| Technicals

NZ GDT price index data unimpressive, fails to support the kiwi. NZD/USD pares losses, edges higher from session lows at 0.7278, hovers around 0.73 handle. Higher oil prices and a broadly weaker US dollar lending...

FxWirePro:S&P 500 faces strong support at 2090, good to buy on dips

Sep 21, 2016 06:49 am UTC| Technicals

Major support 2090 (trend line joining 1807 and 1989, weekly Kijun-Sen). Major resistance 2166.80 (10- day MA). The index pared its previous week loss and jumped till 2154 at the time of writing. It is...

FxWirePro: South African rand appreciates against U.S. dollar ahead of CPI data; stay bearish

Sep 21, 2016 06:41 am UTC| Technicals

USD/ZAR is currently trading around 13.87 levels. It made intraday high at 13.93 and low at 13.86 levels. Intraday bias remains bearish till the time pair holds major resistance at 14.21 levels. A daily...

FxWirePro: GBP/JPY recovers after BOJ monetary policy, good to sell on rallies

Sep 21, 2016 06:41 am UTC| Technicals

Major support 129.06 (Aug 15th 2016 low). Major resistance 133.56 (100- H MA). GBP/JPY has pared its losses after BOJ has kept its interest rates unchanged at minus 0.1 pct and will continue its asset purchase...

FxWirePro: GBP/JPY interim swings respond to BOJ monetary shift but hammer pattern seeks confirmation bottom reversal

Sep 21, 2016 06:40 am UTC| Technicals

From last two-three days, the pair hasnt been moving anywhere beyond 133.476 on north and 132.059 on southwards after testing supports at 130.880 levels. Upswings take support at 130.880 levels and seem like momentary...

FxWirePro: EUR/JPY holds major trendline support at 112.51, intraday bias higher

Sep 21, 2016 06:34 am UTC| Technicals

EUR/JPY downside finds strong support by trendline at 112.51. The pair has taken trendline support and bounced higher. After initial volatility post-BoJ, EUR/JPY is on track to test 20-DMA at 114.65. Break above...

FxWirePro: AUD/JPY breaks into daily cloud, on track to test 100-DMA at 78.10

Sep 21, 2016 05:43 am UTC| Technicals

The Japanese yen was volatile after BoJ rate decision, witnessed wild swings. AUD/JPY popped post-BoJ rate decision, fell to hit lows of 76.36 and there after spike to session highs of 77.47. The pair has broken...

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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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