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Sun, Jun 26, 2022 10:47 PM All times are UTC Edition :

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FxWirePro: EUR/NZD attracts selling interest, vulnerable to more downside

Jun 24, 2022 18:15 pm UTC| Technicals

EUR/NZD declined on Friday as higher oil prices and disappointing German Ifo data weighed on the piar. German business morale fell more than expected in June. The Ifo Institute said its business climate index fell to...

FxWirePro:GBP/NZD extends drop, faces 50%fib support

Jun 24, 2022 17:57 pm UTC| Technicals

GBP/NZD declined on Friday as commodity-linked currencies like kiwi got boosted from higher oil price. Oil price rose by more than 2% on Friday supported by tight supply. Crude has gained support from the almost total...

FxWirePro:EUR/AUD rally capped by 38.2%fib resistance ,good to sell on rally

Jun 24, 2022 16:58 pm UTC| Technicals

EUR/AUD declined on Friday as higher oil and iron ore prices boosted Australian dollar against euro. EUR/AUD has failed to sustain momentum after failing to break resistance at 1.5283 (38.2%fib). The is pair...

FxWirePro: Daily Commodity Tracker - 24th June, 2022

Jun 24, 2022 16:34 pm UTC| Technicals

Daily Commodity...

FxWirePro: GBP/AUD reverses recent rally, bias back to downside

Jun 24, 2022 16:00 pm UTC| Technicals

GBP/AUD dipped on Friday as gains in equity , iron-ore lifted Australian dollar Dalian iron ore futures edged higher on Friday after a record 10-session slide. At GMT 15:55, the pair was trading down 0.57 percent ...

FxWirePro: Copper refreshes multi-month lows, steep declines for commodities continue

Jun 24, 2022 13:53 pm UTC| Technicals

Chart - Courtesy Trading View Copper prices extend decline, hit fresh multi-month low at 3.6697, levels unseen since Feb 2021. Concerns that steep interest rate hikes by major central banks will hurt the world...

FxWirePro: EUR/CHF Daily Outlook

Jun 24, 2022 10:15 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Bearish - EUR/CHF was trading unchanged at 1.0102 at around 10:05 GMT - The pair has erased early gains and has slipped lower from session highs at...

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Economy

New Orleans Pelicans renews local TV rights agreement with Bally Sports

The New Orleans Pelicans have renewed their local broadcast rights partnership with Bally Sports New Orleans, the local network managed by Sinclairs Diamond Sports Group (DSG). Under the new agreement, Bally Sports New...

S. Korea to crack down on speculative property investments by foreigners

South Koreas land ministry, justice ministry, and other agencies vowed to investigate foreigners speculative real estate investments. To better combat speculative investments, the authorities also intend to create zones...

Sales of gear for ball-based sports up 700% in S. Korea as social distancing ends

Various types of sports gear are gaining popularity in South Korea with the government dropping all social distancing measures. Online retailer Auction reported that between April 18 and June 20, sales of sports...

Patents for heat management system for eco-friendly cars up 11%

The Korea Intellectual Property Office reported that the submission of patents related to an integrated heat management system for eco-friendly cars mainly from China, the US, Japan, South Korea, and Europe jumped by an...

Osaka court sides with 7-Eleven in franchise contract termination case

The Osaka District Court dismissed a lawsuit claiming 7-Eleven Japan Co unjustly terminated its contract with a convenience store franchisee over his decision to stop late-night operations. The court also ordered...

Politics

Russia-Ukraine conflict: Defense minister confirms arrival of US long-range rocket systems

Kyiv has confirmed that the weapons pledged by the US arrived in Ukraine this week. The weapons that arrived include the powerful High Mobility Artillery Rocket Systems, as Ukraine looks to reverse the course of the war in...

US Interior Secretary Deb Haaland calls on Senate to investigate deaths of 500 indigenous children in schools

US Interior Secretary Deb Haaland made history as the first Native American to become a member of a presidential Cabinet. Haaland recently called on the Senate to pass the legislation that would probe the deaths of 500...

US VP Kamala Harris meets with Democratic Attorneys General in anticipation of Supreme Court abortion ruling

Months after a leaked majority draft opinion by the Supreme Court overturning the landmark Roe v. Wade ruling, the US is bracing for the formal striking down of the abortion rights law. Vice President Kamala Harris met...

Russia-Ukraine conflict: Kyiv begins trial of Russian soldier accused of rape

Legal proceedings are taking place in Ukraine as Kyiv begins prosecutions of Russian forces charged with crimes. Kyiv has begun its preliminary proceedings in the first trial of a Russian soldier charged with...

Myanmar coup: UN expert says ASEAN should rethink approach to crisis

Myanmar is facing unrest due to the coup staged by the generals to seize power and oust the elected government. The UN special rapporteur on human rights said the ASEAN regional grouping of countries must rethink their...

Science

Sea lettuce used as cow feed may lower marine ecosystem threat

A joint study conducted by a local feed manufacturer and Konkuk University showed that cows fed with a newly developed feed containing sea lettuce emitted 28 percent less methane gas than those who werent. Cows fed sea...

S. Korean scientists develop robot skin that senses tactile stimuli, self heals

A research team from the Korea Advanced Institute of Science and Technology (KAIST) has developed a robot skin that can sense external tactile stimuli and recover from injury when damaged. The newly developed robot skin...

Absolut enlists startup's help in developing fiber-based bottle cap

The Absolut Company is enlisting the help of Swedish start-up Blue Ocean Closures in developing a fiber-based closure cap for its Absolut Vodka bottle. The caps design uses a combination of sustainably sourced FSC fiber...

S. Korea to produce biodegradable plastic with seaweed

South Koreas Ministry of Oceans and Fisheries and a research team at Pohang University of Science and Technology will begin developing technology that uses marine plants to produce biodegradable plastic material. Among...

Researchers 'mask' cancer drug to spare healthy tissues while killing tumors

The University of Chicagos Pritzker School of Molecular Engineering has designed a method to keep a promising cancer drug from wreaking havoc until it reaches a tumor. As many cancer drugs often attack both healthy...

Technology

eBay acquires NFT marketplace startup KnownOrigin

eBay bought UK-based NFT marketplace KnownOrigin, which raised $3.5 million in February, for an undisclosed sum. KnownOrigin has amassed an impressive, ardent, and devoted group of artists and collectors, which are a...

‘Final Fantasy 16’ producer hopes to release a gameplay demo

Video game fans finally got confirmation that the much-awaited Final Fantasy 16 will be released next year. While a new trailer was unveiled a few weeks ago, much of the gameplay and narrative remain under wraps. But...

Apple’s Tim Cook says 'stay tuned' on what they will offer when asked about AR/VR tech

Apples first AR/VR headset has been in the rumor mill for a long time now, but reports have peaked in previous months as the tech giant is rumored to unveil the product in the near future. While Apple has remained silent...

iPhone 14 Pro Max battery may be downgraded, leak claims

A new iPhone 14 leak has claimed that Apple is planning to increase the battery capacity of its upcoming phones. However, the iPhone 14 Pro Max is not expected to get the same treatment. The high-end model is instead...

Blizzard confirms ‘World of Warcraft: Dragonflight’ will launch in 2022

World of Warcraft can now pre-purchase the games upcoming expansion called Dragonflight. Blizzard Entertainment also confirmed this week that the update would be released later this year. World of Warcraft: Dragonflight...