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Wed, Dec 25, 2024 07:57 AM All times are UTC

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GBP/USD weighed by false fibo break on Monday

Feb 17, 2015 08:20 am UTC| Technicals

Pair saw false break of the 76.4% fibo of Jan 1.5588/1.4952 decline at 1.5438 on Monday Successive pullback pressured overnight at 1.5339 Slow stochs rise in overbought territory Negative cross gives a...

EUR/GBP weighed by Grexit risk

Feb 17, 2015 08:15 am UTC| Technicals

0.7375 = Asia low vs 0.74275 Monday high Recent talk of stops sub-0.7370 0.73715 = last weeks 7year low on Feb 12, after relatively hawkishBoEQIR Among bear targets are 0.7353 (1.36 in GBP/EUR) ...

EUR/USD weighed by hourly cloud weighs, 200 HMA holds

Feb 17, 2015 07:48 am UTC| Technicals

Pair saw sharp fall through the hourly cloud overnight and was supported at 1.1320 Rebound of EUR/USD limited around 200 HMA at 1.1365 early London (1.1367 highs) Day trend indicators are turn south from...

USD/JPY calm at 118.50 level

Feb 17, 2015 06:14 am UTC| Technicals

Nikkei closes day off 17.68 pts or 0.1% at 17,987.09, cuts early losses. USD/JPY to-fro action today balanced with Nikkei, range 118.23-65. Pairs bidding interest ahead of 118.00, offers ahead of...

AUD/NZD trends setup, signals parity

Feb 17, 2015 05:42 am UTC| Technicals

Crosss 6 days of lower highs keeps trend for another post float 30year low Swaps expect RBA March cut at 54% from 72%, but 1year stable at 44pts of cuts Momentum studies, 5, 10 20 daily weekly monthly...

AUD/USD sustains around 78 cents moving towards European session

Feb 17, 2015 05:35 am UTC| Technicals

AUD/USD finds it difficult above 78 cents but is not backing off Overall mixed session in Asia with LNY holiday position adjustments dominating RBA minutes dampened enthusiasm for a March rate cut Prior...

NZD/USD risking cross buy-back

Feb 17, 2015 05:20 am UTC| Technicals

NZD struggles to break topside technical resistance c0.7530/35 peaking at 0.7528 Headwind made through oversold AUD/NZD market cutting exposures Delayed RBA OCR cut opens way for cross to recover but...

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Economy

China Approves New VAT Law Effective 2026 to Boost Key Sectors and Economic Recovery

China has passed a comprehensive value-added tax law, effective in January 2026, consolidating regulations and offering targeted exemptions for sectors like agriculture, research, and welfare institutions. The reform aims...

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...

China's WuXi AppTec Exits Gene Therapy Market Amid US Restrictions and Security Concerns

Chinas WuXi AppTec has signed an agreement to sell its gene therapy manufacturing arm, WuXi Advanced Therapies, to U.S.-based Altaris LLC, following mounting restrictions on Chinese firms in the United States over national...

American Airlines Christmas Eve Flight Delays Resolved After Hour-Long Grounding Caused by Technical Glitch

A technical glitch caused American Airlines to ground flights for an hour on Christmas Eve, delaying thousands of passengers during one of the busiest travel periods of the year. Operations resumed quickly, sparing the...

S&P 500 Climbs Ahead of Christmas Break with Tech Gains and $10B Equity Inflows

The SP 500 rose 1.1% Tuesday as tech stocks extended their rally. Equity inflows reached $10 billion, marking the largest since January 2017, while trading activity thinned ahead of the Christmas holiday. Tech Stocks...

Politics

Trump's '100% Serious' Greenland Purchase Plan Sparks Global Controversy

President-elect Donald Trump has reignited his ambition to acquire Greenland, declaring he is 100% serious about purchasing the autonomous Danish territory. This move has prompted significant international debate and...

Kamala Harris Leads J.D. Vance in 'Nail-Biting' 2028 Poll, Sparks Heated Debate

A recent SoCal Strategies poll has placed Vice President Kamala Harris narrowly ahead of Ohio Senator J.D. Vance in a hypothetical 2028 presidential matchup. The poll, released on Tuesday, shows Harris with 43% of likely...

Majority of Americans Confident in Trump's Ability to Achieve Middle East Peace, Poll Reveals

A recent survey by the Napolitan Institute indicates that 54% of Americans believe President-elect Donald Trumps administration will bring an end to conflicts in the Middle East. This optimism follows Trumps electoral...

Trump’s ‘Faith Commitment’ Praised by Cardinal Dolan Sparks Debate on President-Elect’s Religious Convictions

President-elect Donald Trump reportedly reassured Cardinal Timothy Dolan, the Archbishop of New York, of his dedication to his faith during a private conversation. Cardinal Dolan revealed that Trump emphasized his belief...

Trump’s ‘Death Penalty Push’ for Violent Offenders Promises Strict Justice, Sparks Intense National Debate

Former President Donald Trump announced a hardline stance on violent crime, pledging to reinstate and expand the death penalty for individuals convicted of heinous crimes. During a rally, Trump declared that, if...

Science

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,...

Some black holes at the centers of galaxies have a buddy − but detecting these binary pairs isn’t easy

Every galaxy has a supermassive black hole at its center, much like every egg has a yolk. But sometimes, hens lay eggs with two yolks. In a similar way, astrophysicists like us who study supermassive black holes expect to...

Technology

BYD Factory in Brazil Faces Investigation as Chinese Workers Found in 'Slavery-like Conditions'

Brazilian officials discovered 163 Chinese workers in slavery-like conditions at a BYD factory construction site in Bahia. Workers faced withheld passports, long hours, and unsafe environments, sparking an ongoing...

Toyota Targets BYD and Chinese Rivals with Shanghai EV Factory for Lexus Production by 2027

Toyota is reportedly planning a new EV factory in Shanghai to independently produce Lexus models, starting in 2027. The move comes as the automaker faces stiff competition from Chinese rivals like BYD in the worlds largest...

Biden Hands China Chip Tariff Probe to Trump as Trade War Heats Up Over Semiconductor Dominance

The U.S. has opened a trade investigation into Chinese legacy semiconductors, aiming to curb Beijings state-driven chip buildup. The probe, announced just weeks before Donald Trumps inauguration, could lead to additional...

Musk’s X Raises Premium-Plus Plan to $22 With Creator Payouts and AI Features in Focus

X, the platform owned by Elon Musk, raised its premium-plus subscription to $22 in the U.S., emphasizing enhanced creator payouts and advanced AI-driven features like the Grok chatbot. The updated pricing takes effect for...

'Drones Plummet onto Crowd' at Orlando Holiday Show, Prompting NTSB Investigation

The National Transportation Safety Board (NTSB) has initiated an investigation into a malfunction involving unmanned aircraft systems (UAS) that resulted in drones falling into the audience during a holiday show at Lake...