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USD/JPY sees an initial low of 121.05 on selling interest into the Tokyo fix

May 21, 2015 02:36 am UTC| Technicals

Buyers were lying in wait to get long, causing a bounce to 121.21 Japan May flash manufacturing PMI 50.9 from 49.9 April, USD/JPY unaffected No reaction to slightly soft HSBC China flash PMI at 49.1 vs...

USD/JPY popped to 121.49, USD-JPY 2-yr yield spreads lower

May 20, 2015 18:38 pm UTC| Technicals

Fed waiting for data bounce before a hike, too much uncertainty to make early rate hike likely USD/JPY popped to 121.49 on tape-read bids from June hike holdouts on FOMC USD-JPY 2-yr yield spreads lower now since the...

AUD/USD probes stops below 0.7880

May 20, 2015 15:11 pm UTC| Technicals

AUD/USD slipped below support at recent low by 0.7876 Probes stops below 0.7880, bids appear 0.7870 area Multiple MA/Fib support near 0.7850, stops tipped below Close below 0.7850 eyes 50-DMA by 0.7795 and daily cloud...

USD/MXN off early lows, focus on rising US bond yields

May 20, 2015 14:45 pm UTC| Technicals

USD/MXN rising with US yields despite rise in oil Resistance at 15.2919 21-DMA, 15.3210 daily pivot resistance, CB caps 15.4228 Support 15.2076 10-HMA, 15.1640 daily pivot, 15.0546 100-DMA the floor Fed mins tipped...

EUR/USD slide so far stalled above Mar swing high at 1.1062

May 20, 2015 14:35 pm UTC| Technicals

EUR/USD capped by hourly TrendLines, reversed the NY Open rebound Weeks slide so far stalled above Mar swing high at 1.1062, but up TrendLine broken 2-yr Bund-Treasury yield spreads are weighing back by this weeks...

USD/JPY above 121 again, eyes Mar 20 high at 121.16-20

May 20, 2015 14:07 pm UTC| Technicals

Source: Thomson Reuters USD/JPY sees new run at 121.16-20 hurdles; 121.59 Fibo Not getting much help from Treasury yields, but USD bid since Tuess US data NY dip bought above 121 again, with 76.4% Mar 20 high at...

GBP/USD 200DMA (1.5590) in focus again

May 20, 2015 13:44 pm UTC| Technicals

GBP/USD 200DMA is now 1.5590 vs 1.5597 Tuesday, with offers touted at 1.5590 1.5568 = intra-day high vs 1.5473 early Europe low (pre-MPC minutes) Cable broke below 200DMA pre-soft UK CPI data Tuesday, en route to...

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Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

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Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

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Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Politics

NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

Australias New South Wales state parliament was recalled on Monday for an urgent two-day session to debate proposed new laws that would significantly tighten firearm ownership, ban the public display of terror symbols, and...

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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