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FxWirePro: AUD/USD straddle likely to fetch assured gains around 200 pips

Jun 16, 2015 12:02 pm UTC| Insights & Views

FX option strategy: Long Straddles (AUD/USD)With a view of non-directional trend is anticipated in medium term backed by RBAs lackluster comments on exchange rate, we recommend this currency option strategy.Buy 30D...

Aussie dollar edgy on RBA’s lackluster comments

Jun 16, 2015 11:58 am UTC| Insights & Views

The RBA seems to be slightly constructive on trades with China; the rhetoric on the exchange rate if Aussie dollar was similar, with emphasis that it needs to be lower for a "sustained period".There was further discussion...

Surge in dollar likely to impact US current account adversely

Jun 16, 2015 10:51 am UTC| Insights & Views

The mining sectors contraction and the stronger US dollar factored in the fall of 0.2% in US industrial production for May month.The bright note was NAHB homebuilder sentiment, which rose to 59 matching Septembers...

No legal hurdles for ECB’s OMT anymore

Jun 16, 2015 10:38 am UTC| Insights & Views

Today final hurdle for European Central Banks controversial government bond buying got cleared by European court of justice. According to the courts decision European Central Banks (ECB) buying of government securities...

UK deflation short lived but disinflationary pressure persistent

Jun 16, 2015 09:36 am UTC| Insights & Views

Lot of noises were made and headlines filled after UK moved into deflation as measured by annual change in CPI moved into deflationary zone in April for the first time since sixties. Todays inflationary data indicated UK...

French 10 year yield widens to 15 month high against Germany

Jun 16, 2015 08:55 am UTC| Insights & Views

As legendary bond investor suggested historic opportunity to go short in German bund, we have suggested selling French counterpart and to go long in German French spread. After months of lagging, the expected trade might...

Add longs on EUR/JPY digital calls ahead of +ve Zew index & Japan’s –ve trade balance

Jun 16, 2015 08:35 am UTC| Insights & Views

The EUR/JPY tug of war is clearly smelt ahead of the high impact data indicators are scheduled to be released later during European session.Germans Zew economic sentiment index is lined up 1st that has been forecasted to...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Surge in Used Tesla Cybertruck Market Despite High Prices

Despite a significant recall affecting nearly all vehicles and a temporary production halt, the market for used Tesla Cybertrucks is thriving. Listings on major car-buying sites have surged, reflecting robust demand for...

'Extreme Rally' Predicted in Crypto by Top Trader for 2024

As the financial world braces for an extreme rally, top traders, including analyst Henrik Zeberg, forecast a booming phase for the cryptocurrency sector. With US stocks expected to peak later this year, Zebergs...

Shiba Inu's Weekly Burn Jumps 338%, Millions of SHIB Vanish

In a striking surge, Shiba Inu has experienced a 338% increase in its weekly burn rate, effectively removing millions of tokens from circulation amidst varied market dynamics. Shiba Inu Continues to Focus on Expansion...

Altcoin Market Poised for Rally, Analysts Watch Three Key Indicators

Even though the cryptocurrency market cap has fallen about 20% in the last month, traders remain optimistic, anticipating an explosive rally period ahead. Altcoin Market at Disbelief Stage, Poised for Potential...

Shiba Inu (SHIB) Now Accepted by Airbnb, Nike, and NFT Markets Globally

In a significant expansion of its utility, Shiba Inu (SHIB) is now accepted for payments at major brands like Airbnb and Nike, as well as numerous NFT marketplaces worldwide. This follows integrations with Polygon and...