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European markets to look for cues in Draghi’s speech today

Nov 03, 2015 12:51 pm UTC| Insights & Views Central Banks

Euro as well as European bond and stock markets will look for cues on further ECB action in todays scheduled speech by European Central Bank (ECB) president Mario Draghi. After raising the possibility of further ECB...

FxWirePro: Gold outlook – watch out for upcoming support

Nov 03, 2015 11:58 am UTC| Insights & Views

Gold is down for fourth consecutive day and heading into its third consecutive weekly fall, however carried away in the near term may prove a bit risky, especially in a week of heavy event risks. Aswe discussed in...

FX Hedging Strategy Series

Consolidation in USD/CAD to extend further, higher U.S rates, lower oil prices to weigh

Nov 03, 2015 11:28 am UTC| Insights & Views Central Banks Technicals

The Bank of Canada in October held interest rates, but painted a gloomy picture of the Canadian economy. The BOC noted that weak oil prices have had a negative impact on the export sector and hurt economic growth. In its...

Pound’s struggle in spite of signs of better quarter suggests downside ahead

Nov 03, 2015 10:53 am UTC| Insights & Views

Latest PMI report suggests that UK might enjoy a much better fourth quarter, reversing its recent weakness. Yesterday manufacturing PMI gauge steepened at fastest pace on Markits 24 year recorded history and moved to...

Dairy auction today to test Kiwi/Dollar wedge

Nov 03, 2015 10:11 am UTC| Insights & Views

Today another dairy auction is scheduled in New Zealand, which might decide the mood of Kiwi, heading into non-farm later the week. Dairy is the most vital among key exporting commodities of New Zealand, accounting...

FxWirePro: EUR/CAD bearish engulfing again to break channel line – likely to evidence more slumps

Nov 03, 2015 09:37 am UTC| Insights & Views Technicals

It seems to have a continued down streaks upon formation of back to back bearish patterns both on weekly and daily charts. We again spot outBearish Engulfingpattern candle formed at 1.4408 levels on daily charts of...

Pound/Dollar flirts in resistance area, focus on construction PMI today

Nov 03, 2015 09:20 am UTC| Insights & Views Technicals

After Superb performance of Manufacturing PMI, focus is on another key GDP pillar, construction for further cues. UK construction PMI report for October to be released at 9:30 GMT. Marginal softening is...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

Technology

Shiba Inu’s Latest Marketing Push Ignites Crypto Buzz in India

Lucie, Shiba Inus marketing chief, recently sparked a surge in interest for the SHIB cryptocurrency in India with a strategic post on X, promoting the #BridgeToShibarium trend. This movement highlights Shiba Inus expanding...

Bitcoin Halving Triggers Optimism for Record Highs, Analysts Say

As the 2024 Bitcoin halving event concludes, analysts predict a bullish future for BTC. They project unprecedented price levels following historical trends and fresh institutional interest. This optimism persists despite...

Bitcoin Halving Sparks ETF Rebound, Halts Week-Long Outflow Streak

As anticipation built around Bitcoins halving event, ETFs tied to the cryptocurrency witnessed a significant shift, snapping a week-long outflow streak with $30.4 million in fresh inflows. This market reversal underscores...

Shiba Inu Burns 700M Coins, Eyes Price Surge to $0.00004

Shiba Inu burned over 700 million coins this week in a remarkable event, sparking optimism as the meme coins price rallied by 5%. Analysts now forecast a potential surge to $0.00004, buoyed by a growing bullish sentiment...

Tesla Trims Prices on Models Y, X, S Amid Sales Dip; Musk Delays India Trip

Tesla has reduced the prices of its Model Y, X, and S vehicles by $2,000 to boost sales following disappointing first-quarter delivery numbers. Meanwhile, CEO Elon Musk postponed his anticipated trip to India due to...