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FxWirePro: EUR/KRW consolidates around 1,250 mark, bias remains neutral

May 30, 2017 01:25 am UTC| Technicals

EUR/KRW is currently trading around 1,249 mark. Pair made intraday high at 1,249 and low at 1,248 levels. Intraday bias remains neutral till the time pair holds key support at 1,247 mark. A daily close below...

FxWirePro: USD/CAD neutral in the near-term, scope for downward resumption

May 29, 2017 14:40 pm UTC| Technicals

The USD/CAD pair slightly dipped on Monday, as the Canadian dollar gained strength as the price of oil steadied in holiday-thinned trading and ahead of the release of data on the countrys gross domestic product (GDP) due...

FxWirePro: Loonie Trade idea

May 29, 2017 11:52 am UTC| Technicals

USD/CAD continuing its losing streak for the third consecutive week. The pair made a low of 1.33876 and slightly recovered from that level on account of highly volatile crude oil. Short-term trend is slightly bullish as...

FxWirePro: Loonie upside capped by 200- 4H MA, good to sell on rallies  

May 29, 2017 10:44 am UTC| Technicals

USD/CAD continuing its losing streak for the third consecutive week. The pair made a low of 1.33876 and slightly recovered from that level on account of highly volatile crude oil. Short-term trend is slightly bullish as...

FxWirePro: Swedish krona falls after Sweden’s household lending, trade balance data

May 29, 2017 08:08 am UTC| Technicals

EUR/SEK is currently trading around 9.7158 levels. It made intraday high at 9.7190 and low at 9.7016 levels. Intraday bias remains bullish till the time pair holds key support at 9.7010 mark. A sustained...

FxWirePro: USD/CHF upside capped by 10- day MA, good to buy on dips

May 29, 2017 07:11 am UTC| Technicals

USD/CHF shown a minor recovery after forming a double bottom around 0.96900. The pair makes the low of 0.96938 and is currently trading around 0.97659. In the hourly chart the pair is facing strong resistance around...

FxWirePro: South African rand erases previous gain against U.S. dollar, good to sell on rallies

May 29, 2017 06:55 am UTC| Technicals

USD/ZAR is currently trading around 12.90 levels. It made intraday high at 12.94 and low at 12.67 levels. Intraday bias remains slightly bullish till the time pair holds key support at 12.85 marks. A...

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Economy

BoT likely to maintain key policy rate at 1.5 pct for prolonged time period, says DBS Bank

The Bank of Thailand (BoT) is expected to maintain its benchmark policy rate at 1.5 percent for a prolonged period of time. There is only a small chance of seeing headline inflation back above 2.5 percent in the next 2...

German bunds narrowly mixed ahead of ECB President Draghi’s speech, May CPI

The German bunds traded narrowly mixed Monday as investors wait to watch the European Central Bank (ECB) President Mario Draghis speech, scheduled to be held later in the day. Also, the release of the countrys consumer...

Australia’s Q1 CAPEX likely to post mild increase of 1.2 pct q/q, P&E investment to support GDP: ANZ Research

Australias CAPEX for the first quarter of this year is expected to post a mild increase of 1.2 percent q/q, an encouraging result after four consecutive quarterly declines. Buildings and structures investment is likely to...

JGBs shrink ahead of 10-year auction, expectations of higher April retail sales

The Japanese government bonds shrunk Monday as investors wait to watch the countrys 10-year auction, scheduled to be held later this week amid expectations of a rise in the Japans retail sales for the month of April, due...

New Zealand bonds plunge at close ahead of RBNZ Governor Wheeler’s speech

The New Zealand bonds plunged Monday as investors wait to watch the Reserve Bank of New Zealand (RBNZ) Governor Graeme Wheelers speech, alter this week amid a muted trading session. At the time of closing, the yield on...

Politics

Virtual doorstep: journalists, social media and the victims of tragedy

Some of the most powerful stories about the atrocity in Manchester have been told online: whether pictures of the missing, the videos taken in the aftermath or the hashtags such as #roomformanchester or #acityunited...

How World War I changed the weather for good

Culture has rarely tired of speaking about the weather. Pastoral poems detail the seasonal variations in weather ad nauseam, while the term pathetic fallacy is often taken to refer to a Romantic poets wilful translation of...

Beyond Brexit: ‘Global Britain’ looks to the emerging Anglosphere for new opportunities

What lies beyond Brexit? This is not just a question for the United Kingdom and the European Union, but also one that will reverberate around the world. One answer is the Anglosphere. Often spoken of as an...

Electioneering in the social media age

Britain is engaged in a General Election contest and once again political parties are investing money, time and energy in their online presence. The Tories are ploughing cash into Instagram adverts and Labour is doing its...

How UKIP’s decline could provide a major boost for Theresa May

The British prime minister Theresa May called a snap general election in the expectation that it will deliver her a substantially increased parliamentary majority. This in turn would give her the strong and stable...

Science

NASA Wants To Mine That $10,000 Quadrillion Asteroid Right Now

Out there in the Solar System, there exists an asteroid with the designated name, 16 Psyche. It contains a rich deposit of nickel-iron minerals, which can be worth $10,000 Quadrillion. Thats worth more than the combined...

CRISPR Is Taking Over Science, Breaks Out Of Labs And Invades Schools

Science regularly goes through cycles of fads that regularly embodies particular generations. In the 80s, its climate change and in the 90s, it was the internet. This time, it seems the gene-editing tool CRISPR is starting...

Resistance to hydropower is evaporating as science takes centre stage

Big dams have a bad reputation. Theyre often associated with social disruption and environmental damage. That perception is now shifting. The challenges of climate, urbanisation and economic growth in countries and...

There Are Now Tattoos That Can Say It Was Stupid To Get A Tattoo Out Loud

Humans have had a long history with tattoos, going back to the hunter-gatherer days when primitive tribes would mark themselves after a successful hunt or winning a war. These days, tattoos have become a fashion statement,...

Gas Station On The Moon Planned, Mars Mission Jump Point

There are several developments in the space sector right now, one of which is the effort to colonize Mars. However, this project has quite a few obstacles with energy burnout being a major factor. This is where a Caltech...

Technology

US Solar Market Creates Jobs 17 Times Better Than Other Industries

Jobs and the Economy are two hot-button issues that the American public cares about deeply. Politicians promised that these would be addressed by increasing support of the Fossil Fuel industry. Thanks to a recent report,...

New Dragon Quest Details Revealed; Switch, Self-Restrictions And Gameplay Footage

One of the worlds most iconic JRPG franchises is coming and Square Enix just announced quite a few things about it that will get fans going. For starters, the publishers have released new gameplay footage of Dragon Quest...

36.5M Android Phones Could Be Infected With ‘Judy’ Malware

Reports came out last week that a new type of malware of unknown origins might have infected as many as 36.5 million Android devices. It was spread by 41 apps that a Korean development company created, which was then...

Demand For Nintendo Switch Keeps Growing, More Production Boosts Reported

Recently, Nintendo reportedly had to double its production of the Switch hybrid console in order to keep up with demand from eager gamers. Unfortunately, it seems the company sorely underestimated how much it would need to...

Designing games that change perceptions, opinions and even players' real-life actions

In 1904, Lizzie Magie patented The Landlords Game, a board game about property ownership, with the specific goal of teaching players about how a system of land grabbing impoverishes tenants and enriches property owners....
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May 30 01:30 UTC Released

AUPrivate House Approvals*

Actual

0.5 %

Forecast

Previous

-4.3 %

May 30 01:30 UTC Released

AUBuilding Approvals MM*

Actual

4.4 %

Forecast

3.0 %

Previous

-13.4 %

May 30 06:00 UTC 265265m

ZAM3 Money Supply YY*

Actual

Forecast

5.79 %

Previous

5.62 %

May 30 06:00 UTC 265265m

ZAPvt Sector Credit Ext.*

Actual

Forecast

5.84 %

Previous

4.95 %

May 30 06:00 UTC 265265m

DEImport Prices YY

Actual

Forecast

6.4 %

Previous

6.1 %

May 30 06:00 UTC 265265m

DEImport Prices MM

Actual

Forecast

0.1 %

Previous

-0.5 %

May 30 06:45 UTC 310310m

FRConsumer Confidence

Actual

Forecast

101 %

Previous

100 %

May 30 06:45 UTC 310310m

FRConsumer Spending MM

Actual

Forecast

0.7 %

Previous

-0.4 %

May 30 06:45 UTC 310310m

FRGDP Detailed QQ

Actual

Forecast

0.30 %

Previous

0.3 %

May 30 07:00 UTC 325325m

DESN State CPI MM*

Actual

Forecast

Previous

-0.1 %

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