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Wed, Sep 23, 2020 08:40 AM All times are UTC Edition :

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FxWirePro: Loonie Outperformance & Underperformance – CAD Trade Ideas

Sep 07, 2020 07:53 am UTC| Research & Analysis Insights & Views

CAD outperformed a weak dollar, but underperformed most other G10 peers. USDCAD declined 2.8% since our last Key Currency Views, but this was largely reflective of a generally weak dollar. Versus most other G10 peers, CAD...

FxWirePro: Aussie Consolidation Prolongs Amid Looming Headwinds of Covid-Pandemic – OTC Updates & Options Strategy

Sep 01, 2020 17:36 pm UTC| Research & Analysis Insights & Views

AUDs rally to above 0.72 in August coincided with the MSCI World index reaching highs since Feb, maintaining the Aussies traditional positive correlation with risk appetite. The Aussies support is broader than equities...

FxWirePro: Driving Forces of USD/JPY, OTC Updates & Hedging Strategies

Aug 24, 2020 12:59 pm UTC| Research & Analysis Insights & Views

Bearish USDJPY scenarios observed to 90 levels, if: 1) Dollar weakness intensifies sharply on US-specific idiosyncratic factors; 2) Assessments for the prospect of a V-shaped global growth recovery are significantly...

FxWirePro: Uphold BTC Long Hedge As Bitcoin’s Consolidation Phase Prolongs

Aug 24, 2020 06:59 am UTC| Research & Analysis Digital Currency Insights & Views

Bitcoin price rebounds at $11,370 mark, the bullish price action has been impressive since Covid-19 saga. But for now, the bulls seem to have been drifting in sideways sensing stiff resistance of $12,400 - $12,500...

Digital Currency Revolution Series: dYdX Collaborates With StarkWare To Scale Decentralized Trading

Aug 20, 2020 11:24 am UTC| Research & Analysis Digital Currency Insights & Views

dYdX partners with StarkWare to scale non-custodial exchange. dYdX has made an announcement of their partnership with StarkWare. dYdX runs on audited smart contracts on Ethereum, and enables trading with no intermediaries....

FxWirePro: GBP/USD Bullish/Bearish Drivers, OTC Indications & Hedging Strategies

Aug 20, 2020 07:37 am UTC| Research & Analysis Insights & Views

Bearish GBPUSD Scenarios: 1) The UK-EU fail to agree on a trade deal and the UK exits the transition period on WTO terms. 2) A renewed economic lockdown in the autumn/winter. 3) UK fiscal deficit extends towards...

FxWirePro: A Run Through On GBP Short Trades Ahead of Eurozone PMIs

Aug 19, 2020 11:14 am UTC| Research & Analysis Insights & Views

This week, PMIindices forEurozonecountries are scheduled (German and French PMIs are due this Friday). Before that, markets will have no impulse coming from data releases. The 2Q flash GDP releases brought no permanent...

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Economy

S. Korean healthcare and cosmetics exports surge 42% in August

South Korea exported US$1.69 billion worth of pharmaceuticals, cosmetics, and medical devices in August, up 42 percent from a year ago. According to data from the Korea Health Industry Development Institute (KHIDI), the...

CaixaBank's acquisition of Bankia to create Spain's largest bank

CaixaBank will acquire state-owned Bankia in an all-share deal that would create Spains largest bank with total assets exceeding $786.6 billion. The deal will help the companies tackle dwindling profitability due to the...

Dubai’s DP World to work with Israel’s DoverTower in bid for Haifa Port

Dubai state-owned DP World is teaming up with Israels DoverTower in a joint venture that will bid in the privatization and to conduct a study on opening a direct shipping line between the two Middle East states. Haifa...

60% of pandemic-induced business closures in US become permanent

Yelp data revealed that 97,966 of the 163,735 business closures across the US due to the pandemic as of Aug, 31 wont be reopening. Permanent business closures rose 34 percent since Yelps last report in mid-July. Yelp...

S. Korea, Germany to boost energy ties towards economic recovery, climate goals

South Korea and Germany vowed via a virtual meeting to bolster cooperation in the energy sector towards the recovery of their virus-hit economies and helping each other achieve their climate goals. According to the...

Politics

Donald Trump: Robert Mueller's top deputy Andrew Weissman revealed POTUS did obstruct justice

Aside from the revelations offered by journalist Bob Woodward also come big reveals from special counsel Robert Muellers deputy Andrew Weissman in his upcoming book. The book, offering a peek into the Mueller...

Joe Biden: Campaign and Democrat committees gain financial lead

Former vice president Joe Biden and his campaign initially started off trailing Donald Trump in terms of cash reserves. But over the recent months and especially following the death of Justice Ruth Bader Ginsburg, the...

Melania Trump: Artist explains the meaning behind the new sculpture of FLOTUS

Previously, a statue of first lady Melania Trump in her home country of Slovenia was set on fire. Months later, the artist behind the first statue has created a new one, and recently explained the meaning behind the new...

Donald Trump: POTUS contradicts health officials, says COVID-19 vaccine will be ready in weeks

Donald Trump has often pushed for unproven cures to COVID-19 in light of the rising number of cases and his reelection prospects. Recently, Trump claimed that a vaccine for the coronavirus would be ready in a matter of...

Donald Trump: Former National Security Advisor warns Afghanistan peace talks will be unsuccessful

The White House has recently overseen peace talks and normalization of relations between Israel and other countries in the Middle East. However, according to the Trump administrations former national security advisor, the...

Science

Asteroid to make a very close approach to Earth on Thursday

Despite being able to track thousands of asteroids passing through space, there are still some rocks that can escape detection. One such asteroid is coming to Earth this week, with astronomers predicting that it will make...

Mars mission: Scientists find "worms" inside Martian meteor

NASA is gearing up for the future Mars mission that will take place over the coming years, with the Perseverance Rover already making a headstart after launching into space many weeks ago. With the search for signs of life...

NASA: Scientist says possible discovery of life on Venus needs further study

Venus is known for having an environment that is anything but hospitable, with extreme temperatures making the planet impossible to inhabit. But with the recent discovery of phosphine in the atmosphere, scientists have...

NASA detects Jupiter-sized planet orbiting a star 80 light-years away

NASA has spotted many exoplanets over time, but its recent finding was a first. For the first time, the agency has detected a giant planet orbiting a much smaller corpse of a star. The data from NASAs Spitzer Space...

Climate change: NASA study warns sea level rise by 15 inches if rate of carbon emissions continue

Climate change continues to become a concern as animals in the polar regions are slowly losing their homes, with carbon emissions playing a part in the warming temperatures. A NASA study has revealed the dire result of the...

Technology

Can ‘Rainbow Six Quarantine’ be released in 2020?

The launch of Rainbow Six Quarantine was delayed even before the COVID-19 pandemic leading to the delay of its release. However, a recent supposed leak seemingly suggested that the game would be released sooner than most...

‘Call of Duty: Black Ops Cold War’ beta tests kick off in October

The full release of Call of Duty: Black Ops Cold War is just around the corner. This also means that the annual beta tests before the games launch are also set. However, video game players should note that only those with...

‘Elder Scrolls 6’ may not be an Xbox-exclusive despite Microsoft’s ZeniMax Media acquisition

Microsoft kind of broke the internet on Monday after its plans to acquire ZeniMax Media -- Bethesda Softworks parent company -- was made public. There are plenty of popular IPs under the banners of ZeniMax and Bethesda,...

How Apple Watch SE compares to the flagship Apple Watch Series 6

The main star of Apples September event this year is not the new iPhone, but the latest lineup of Apple Watch. The biggest surprise, however, was that the Apple Watch Series 6 was not the only presented at the recent...

GoPro HERO9 Black: Everything to know about the new action camera

Joining the busy fall season for the consumer tech industry is the GoPro HERO9 Black. The new action camera has been announced and the improvements in its design, specs, and features would give fans to think about whether...