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FxWirePro- Gold Weekly Outlook

Nov 29, 2021 05:39 am UTC| Technicals

Ichimoku analysis (Weekly chart) Tenken-Sen- $1799.44 Kijun-Sen- $1797.88 Gold recovered more than $30 from a multi-week low of $1778 as investors got panic due to the new coronavirus Omicron. The...

FxWirePro:GBP/NZD rallies to 2-week high, good to buy on dips

Nov 27, 2021 00:07 am UTC| Technicals

GBP/ NZD rose sharply on Friday as possibly vaccine-resistant coronavirus variant spooked global financial markets. GBP/ NZD rose from 1.9403 to hit daily high at 1.9603, 200 pip range is the biggest the pair has seen...

FxWirePro:EUR/NZD rebounds sharply, daily chart points to a much bigger gain

Nov 26, 2021 23:41 pm UTC| Technicals

EUR/NZD rose sharply on Friday as reports of a new COVID strain that could be much transmissible more lethal drove the pair higher. EUR/NZD rose from 1.6330 to hit high at 1.6629 in US session, before retreating...

FxWirePro: GBP/AUD rises to highest level since Oct 6th,good to buy on dips

Nov 26, 2021 23:24 pm UTC| Technicals

GBP/AUD rose on Friday as the pair was swept up in global market swings that weakened the Australian dollar broadly. News of a new, possibly vaccine-resistant coronavirus variant spooked global financial markets on...

FxWirePro:EUR/AUD rises to 1-1/2 month high, scope for further upside

Nov 26, 2021 23:08 pm UTC| Technicals

EUR/AUD rose on Friday as new COVID-19 variant sparked risk-aversion. Despite upbeat Australian retail sales data, Australian dollar failed to recover. Australian retail sales jumpied 4.9% in October, almost double...

FxWirePro: AUD/USD slumps over 0.70%, Aussie ignores upbeat Retail Sales data

Nov 26, 2021 06:16 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.67% lower on the day at 0.7140 at around 05:45 GMT, outlook bearish. Australia Retail Sales crossed 2.5% market consensus and 1.3% prior reading in October to jump...

FxWirePro: GBP/NZD consolidating around 1.9450, bias is bullish

Nov 26, 2021 00:19 am UTC| Technicals

GBP/NZD strengthened on Thursday as New Zealand dollar continued to lose ground in response to RBNZ rate hike. The pair is holding near todays high, A close above 1.9478(23.6%fib), will likely trigger a new bullish...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...