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GBP/USD close above fibo denoted further gains

Feb 26, 2015 06:33 am UTC| Technicals

Break and close of solid resistance for cable at 1.5481 Monday signals further gains 1.5481 = 23.6% retrace of the 1.7192 to 1.4952 July to January fall Positive potential seen to the next fibo of the same...

USD/SGD firms by weak manufacturing output

Feb 26, 2015 05:51 am UTC| Technicals

USD/SGD remains firm into European dealings Lower than expected manufacturing output further weigh on SGD sentiment Jan mfg output +0.9%y/y vs exp 3.7% prev; -4.7%m/m vs -2.4% last USD/SGD last ind at ...

AUD/NZD weighed by data, gains evaporate

Feb 26, 2015 05:33 am UTC| Technicals

Contrasting data weighed in Asia Opened -0.2% -0.54% in Asia - swaps RBA March cut moved from 39% to 52% Neutral momentum studies, 5, 10 20 dmas clash - implies consolidation This weeks initial ...

NZD/USD moving higher versus Australian dollar

Feb 26, 2015 05:06 am UTC| Technicals

Cross gains may boost otherwise dull direct NZD trading 0.7549/0.7577 trading corridor has NZD consolidating near 1+month highs Oz capex hit AUD/NZD while retail Japan NZD/JPY bids still remain RBA OCR...

AUD/USD regaining lost ground

Feb 26, 2015 04:05 am UTC| Technicals

AUD/USD reclaiming earlier losses following the soft CAPEX data Soft CAPEX brings March rate cut into view Odds of a March rate cut went from 39% just prior to data to 52% last AUD/USD doubtful to recover...

USD/MYR wiped out lower into fix

Feb 26, 2015 04:03 am UTC| Technicals

USD/MYR lost ground into the morning fix, markets go long Thin liquidity overstated price falls, last 3.5960-80 Pair traded 3.5950-3.6080 range so far NDFs keeps firm bias above 3.60, last...

USD/CNH range dominate in Asia

Feb 26, 2015 04:02 am UTC| Technicals

Doji in Asia after an early 6.2738 failure - opened +75pts 5 dma momentum studies slide, 10 20 dmas rise - neutral setup Yesterdays low, 50% Fibo 20 dma around 6.2620 support Initial resistance are...

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Economy

US Stocks Rise Ahead of Fed Rate Decision

U.S. stocks opened higher on Wednesday, snapping back after six declines in the previous seven sessions as easing oil prices provided some relief ahead of a closely watched Federal Reserve interest rate decision. At 9:32...

Vietnam, U.S. Firms Plan 29 Deals Across Energy, Tech and Aviation

Vietnamese and U.S. companies are expected to announce a broad package of commercial agreements covering energy, technology, aviation and financial services next week as Vietnamese leader To Lam visits New York. An...

UK Inflation Rises to 3.1% Ahead of BoE Rate Decision

UK inflation accelerated in August, adding pressure on households and policymakers just one day before the Bank of England is expected to announce its latest interest rate decision. Official figures released Wednesday...

Asian Currencies Subdued as Yen Slides Ahead of Fed, BOJ Decisions

Asian currencies traded mostly cautiously on Wednesday as the Japanese yen weakened to a one-week low and the U.S. dollar remained near multi-week highs ahead of key Federal Reserve and Bank of Japan policy decisions. The...

Saudi Arabia Raises Security Alerts as Houthi Attacks Threaten Oil Routes

Saudi Arabia issued widespread security alerts on Tuesday, including in Mecca and Jeddah, as attacks by Iran-aligned groups intensified and raised fresh concerns over Middle East oil supplies and Red Sea shipping. The...

Politics

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...

Rodrigo Duterte Makes First Public Appearance at ICC in 18 Months

Former Philippine President Rodrigo Duterte appeared before the International Criminal Court (ICC) on Wednesday, marking his first public appearance since being transferred to The Hague 18 months ago to face murder charges...

US Confirms Weapons in Orbit as Space Tensions Rise

The United States has publicly acknowledged operating weapons in Earths orbit, marking a major shift in how the Pentagon discusses military capabilities in space as competition with China and Russia intensifies. U.S. Air...

South Korea’s Cho Hyun to Meet Rubio in Washington

South Korean Foreign Minister Cho Hyun will travel to Washington this week for talks with U.S. Secretary of State Marco Rubio, as Seoul and Washington seek to maintain close coordination on their bilateral alliance, the...

Ovechkin Faces Scrutiny Over United Russia Campaign Video

Washington Capitals star Alexander Ovechkin has drawn renewed attention over his political ties after appearing in a campaign video connected to United Russia, the ruling party backed by Russian President Vladimir Putin....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Databricks to Invest $350 Million in Singapore AI Expansion

Databricks plans to invest more than $350 million in Singapore over the next three years, expanding its presence in the city-state as demand rises for its data and artificial intelligence products. The privately held data...

SK Hynix, Intel Discuss U.S. Memory Chip Production Deal

SK Hynix is reportedly in discussions with Intel over a potential agreement to manufacture memory chips in the United States, a move that would mark the South Korean semiconductor giants first U.S.-based memory production....

DOJ Will Investigate AI-Related Crimes, Attorney General Blanche Says

U.S. Attorney General Todd Blanche said the Department of Justice will investigate individuals or companies connected to artificial intelligence when there is evidence they have violated federal criminal law, while...

Meta CEO Zuckerberg Backs Independent AI Safety Reviews Over Development Slowdown

Meta CEO Mark Zuckerberg has argued that artificial intelligence companies should prioritize independent safety evaluations and stronger alignment rather than slowing the pace of AI development. Zuckerberg said AI...

Nvidia CEO Jensen Huang Expected at Trump-Xi State Dinner

Nvidia CEO Jensen Huang is expected to attend a state dinner hosted by U.S. President Donald Trump for Chinese President Xi Jinping next week, placing one of the technology industrys most prominent executives at the center...
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