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EUR/GBP encounters limited recoveries

Mar 11, 2015 06:54 am UTC| Technicals

The downtrend picks up Cross breaks Dec 2007 0.7089 low to test 0.70815 last Attempt at a correction intraday and the offer has been lowered to 0.7170 Tuesdays high was 0.7179 No sign of bounce Trend to run...

EUR/USD reaches new low

Mar 11, 2015 06:35 am UTC| Technicals

Pairs support levels severely thin on the charts. 1.06655 low Long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 looks realistic Prices closed last month under the 61.8% of this move at 1.1212 Short...

USD/IDR hits 13240 high

Mar 11, 2015 06:20 am UTC| Technicals

USD/IDR jumps to 13240 on extended sell-off in bonds and stocks BI reportedly limits, last ind at 13210-13220 NDFs continues higher on good buying from leveraged community Bond yields rose 10-15 bps ...

USD/JPY off from high as Nikkei eases into TSE close

Mar 11, 2015 06:19 am UTC| Technicals

Nikkei closes day 18,723.52, +0.31%, high 18,836.93 despite fall in Wall St. USD/JPY off its 121.50 high, remains around 121.30. Nikkei-USD/JPY correlation strong today. Resistance at 121.50, USD410 ...

USD/SGD remains bid on hopes of easing

Mar 11, 2015 05:49 am UTC| Technicals

USD/SGD remains bid despite intervention, hopes of further MAS easing strengthens CIBC FX Strategist Patrick Bennett: MAS may introduce a cash target rate or similar to weaken SGD further USD/SGD likely to...

NZD/USD continues moving lower

Mar 11, 2015 05:42 am UTC| Technicals

NZD again leading field lower in Asia off c0.40% sits 0.7244/46 USD rise is steady with consensus FOMC will remove patient from guidance RBNZ likely to hold underlying dovish tone and flatten 90-day BB...

AUD/USD bears in control

Mar 11, 2015 04:57 am UTC| Technicals

AUD/USD unsuccessful in gaining traction ahead European session Another down day for AUD/USD (-0.4%) - support levels just there to be broken No sign of recovery seen with shorts showing on interest to...

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Economy

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

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European Stocks Rise as Markets Await Key U.S. Inflation Data

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European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

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Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...
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