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ASX200 faces strong resistance around 5205, good to buy at dips

Mar 22, 2016 03:44 am UTC| Technicals

Major support - 5130 ASX200 has slightly recovered after making a low of 5151. It is currently trading at 5171. Short term trend is slightly bullish as long as support 5130 holds. Any break below 5130 will drag...

Gold fails to fall below $1240, good to buy on dips

Mar 22, 2016 03:32 am UTC| Technicals

XAU/USD is currently trading around $1245. It made intraday high at $1246 and low at $1242 levels. Intraday bias remains slightly bullish till the time pair holds key support at $1240 marks. A sustained...

FxWirePro: Nikkei225 faces strong resistance around 17300, good to buy at dips

Mar 22, 2016 03:11 am UTC| Technicals

Major resistance - 17300 The index has broken minor resistance around 17000 and jumped till 17097 at the time of writing slightly recovered after making a low of 17014. It is currently trading around 16664.Short term...

South Korean won continues to gain against US dollar, intraday bias remains bearish

Mar 22, 2016 02:40 am UTC| Technicals

USD/KRW is currently trading around 1160 levels. It made intraday high at 1164 and low at 1159 levels. Intraday bias remains bearish till the time pair holds key resistance at 1169 levels. A break above...

Aussie gains on the back of higher than expected HPI data

Mar 22, 2016 01:57 am UTC| Technicals

AUD/NZD is currently trading around 1.1205 levels. Pair made intraday high at 1.1214 and low at 1.1189 marks. Australias House Price Index rose 0.2% in the December quarter, following a 2.0% increase in the...

USD/JPY remains supported around 112.00 mark, Japan’s flash manufacturing PMI in focus

Mar 22, 2016 01:27 am UTC| Technicals

USD/JPY is currently trading around 111.96 levels. It made intraday high at 112.20 and low at 111.83 marks. Japan will release flash manufacturing PMI data at 0200 GMT. Market anticipates 50.6 m/m release vs 50.1...

USD/SGD hovers around initial resistance at 1.3628, intraday bias remains neutral

Mar 22, 2016 01:03 am UTC| Technicals

USD/SGD is currently trading around 1.3622 marks. It made intraday high at 1.3631 and low at 1.3593 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1.3481 levels. A...

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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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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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