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Fri, Dec 27, 2024 01:54 PM All times are UTC

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USD/CLP near flat, despite weak copper, Chinese accommodation

Mar 02, 2015 14:52 pm UTC| Technicals

Source: Thomson Reuters USD/CLP eyes 10-DMA resistance by 618.50 Pair near flat, despite weak copper, Chinese accommodation USD lifted as US PCE data mostly on target, supports mid-year US hike USD/CLP support at...

NZD/USD can't hold above 55 DMA, bears hang tough

Mar 02, 2015 14:22 pm UTC| Technicals

Source: Thomson Reuters Overnight lift on China cut pierces 55-DMA but NZD/USD unable to hold above Pair now off Feb low 10-DMA, sub-TrendLine, RSI biased down; bears hang tough Market looks to RBA, if cut or ease...

AUD/USD bias remains with the bears

Mar 02, 2015 09:47 am UTC| Technicals

Pairs move to 0.7850 stopped out the short trade at entry level in Asia Bias remains with the bears, offer at overnight highs Trend indicators show scope for a further sell-off Target 0.7627 lows from Feb...

USD/CAD looks to get long at 1.2430

Mar 02, 2015 08:32 am UTC| Technicals

Traders look to get long at 1.2430 for gains to 1.2600 and beyond Support seen between 1.2353/1.2388; February 3/26 lows A daily close below 1.2286 - 23.6% of 1.0620 to 1.2800...

USD/MYR returns above 3.6300

Mar 02, 2015 08:19 am UTC| Technicals

USD/MYR on the rise, follows renewed buying in NDFs Firm close above 3.63 today to see fresh spike towards 3.65 break Outflows from local debts pile on bearish MYR outlook USD/MYR last 3.6320-40, NDFs ...

EUR/USD barriers expected on 1.10 handle

Mar 02, 2015 07:51 am UTC| Technicals

EUR/USD caught in low of recent ranges weighed by bearish technicals Expect buying ahead 1.1100 corporate and speculator profit-taking 1.1150 1.1100 traded Jan 26, then 1 month 1.1150/00s seem unexpected...

EUR/SEK bids small but tight

Mar 02, 2015 07:49 am UTC| Technicals

Pair seems to be working off the extras of the sharp fall last week Swedish Feb manufacturing PMI softer than expected at 53.3, 55.00 market, 55.1 previous EUR/SEKlost nearly 4% for the 11-day run to...

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Economy

Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%

In December 2024, the core Consumer Price Index (CPI) for Tokyo Prefecture increased by 2.4% compared to a year earlier, rising from 2.2% in November. This change is important because it shows that prices continue to rise,...

Tokyo Inflation Gains Heat as January Rate Hike Expectations Build Around BOJ Policy Moves

Inflation in Tokyo surged in December, climbing to 2.4 percent as price pressures widened. With the Bank of Japans January policy meeting looming, markets are speculating on whether a further rate hike is on the horizon...

Samsung Brings Galaxy Ring 2 and AR Smart Glasses to Galaxy Unpacked 2025 With S25 Series

Samsung is shaking up the tech world at Galaxy Unpacked 2025, unveiling the Galaxy S25 Series, the advanced Galaxy Ring 2, and its cutting-edge AR Smart Glasses. This bold lineup promises a fresh leap into wearable...

Apple’s 2nm Chips Skip iPhone 17 as TSMC Prepares 2026 Launch for iPhone 18

Apple has decided to wait until 2026 to incorporate TSMCs 2nm chips into the iPhone 18. The move bypasses the iPhone 17, as TSMC works on scaling its production to meet industry demands and cut costs. Apple Expected to...

Alibaba Partners with E-Mart in $4 Billion Deal to Strengthen South Korean Online Retail Leadership

In a $4 billion agreement, Alibaba Group and E-Mart are merging their South Korean e-commerce platforms, forming a joint venture to take full ownership of Gmarket. The deal positions the companies to compete with top...

Politics

Republicans Push to Unveil Names of Lawmakers Accused of Sexual Misconduct Amid Growing Controversy

Republican lawmakers are calling for the release of the names of those on Capitol Hill accused of sexual misconduct, citing taxpayer-funded settlements to silence such allegations. This comes after an explosive...

Trump’s tariffs could lead to massive price hikes in 2025 as experts warn of a looming trade war

As 2025 approaches, many are asking how the economy will fare under President-elect Donald Trumps leadership. With inflation still a hot topic following the 2024 election, Trumps economic policiesespecially his stance on...

How will Donald Trump address wage stagnation during his presidency?

With the 2025 presidential inauguration on the horizon, President-elect Donald Trumps economic agenda is already shaping up to be a key focus of his second term. Inflation remains a critical concern for many Americans, and...

What are Donald Trump’s plans for bolstering the U.S. economy in 2025?

As Donald Trump gears up for a potential return to the Oval Office in 2025, his proposed economic agenda has ignited both anticipation and heated debate. Promising a revival of American industry and an era of unprecedented...

How will Donald Trump’s second presidency impact his political legacy?

As Donald Trump prepares for a historic second term as president, debates over how his leadership will shape his political legacy are intensifying. Supporters view this as a pivotal moment for the 45th president to...

Science

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Technology

X's New Algorithm Changes Trigger Backlash as Users Claim Voices Are Being Silenced

Elon Musks recent algorithm update on X, formerly known as Twitter, has sparked a heated debate among users. The changes, aimed at maximizing unregretted user-seconds, have raised questions about whether the platform is...

Xiaomi Expands EV Charging Access Across China With NIO, XPeng, and Li Auto Networks

Xiaomi has joined the EV charging networks of NIO, XPeng, and Li Auto, giving its customers access to over 29,000 stations across China. The move marks a strategic step in bolstering Xiaomis EV business amid growing...

Japan Airlines Faces Cyberattack Disruption with Over 60 Delayed Flights and Canceled Domestic Routes

Japan Airlines experienced significant disruptions on Thursday as a cyberattack led to over 60 flight delays, including 11 international routes, and two domestic cancellations. The airline quickly resolved the network...

Nintendo Switch 2 Reveal Rumors Explode as Countdown Ending January 8 Fuels New Leaks

Nintendo Switch 2 speculation reaches new heights with a countdown set for January 8 and leaked dock images circulating online. Fans are eager but cautious as the buzz around the anticipated reveal grows. Weibo Leaker...

Sam Altman Says Superintelligence Will Ignite a 10X Boom in AI Breakthroughs Transforming the Future of Innovation

Sam Altman envisions a world where superintelligence propels AI innovation 10x faster than expected, transforming global progress and redefining humanitys future. Early Arrival of AGI Sparks Debate The most noteworthy is...