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Weaker Euro pushes Euro zone’s trade surplus to record high

Sep 15, 2015 09:58 am UTC| Insights & Views

Companies and economies across European Monetary Union are all making merry as weaker Euro and recovery in growth has pushed regions trade surplus to record high. In spite of weakness in emerging market currencies, Euro...

Guide to today’s important data and events

Sep 15, 2015 09:30 am UTC| Insights & Views

Lot of economic dockets to be released today. Some with high risks associated. Data released so far - Australia - New motor vehicle sales rose by 2.1% in August from a year ago, however it is down -1.6% on monthly...

FxWirePro: GBP/AUD steep slumps unlikely despite RSI oscillator signals overbought pressures

Sep 15, 2015 08:40 am UTC| Insights & Views

GBPAUD has already made equidistant travel towards downside (channel distance from 2.1862) when it has broken channel line at 2.1862 on daily graph, although RSI has reached overbought region on weekly chart and began...

FxWirePro: AUD/NZD diagonal strips for profit maximization

Sep 15, 2015 08:36 am UTC| Insights & Views

Last months diagonal strips have taken care of upswings and downswings and yielded handsome returns. The pair has pretty much achieved our earlier target at 1.1317, we now foresee next target for this pair is at 1.1370 on...

FxWirePro: EUR/JPY BPS for swing trading as downswings following delta risk reversal signals

Sep 15, 2015 07:06 am UTC| Insights & Views

One can observe delta risk reversal for this pair is gradually turning into high negative values, this would mean that market sentiments for this pair have been negative for this pair, on the contrary even if it falls, it...

Currency snapshot (commodity pairs)

Sep 14, 2015 17:55 pm UTC| Insights & Views

Dollar index trading at 95.25 (+0.10%) Strength meter (today so far) - Aussie +0.69%, Kiwi +0.29%, Loonie -0.03%. Strength meter (since last week) - Aussie +0.69%, Kiwi +0.29%, Loonie -0.03%. AUD/USD - Trading at...

Equity snapshot (indices)

Sep 14, 2015 17:29 pm UTC| Insights & Views

Equities are all mixed today. Performance this week at a glance in chart table - SP 500 - SP 500 is down as investors pull out money ahead of FOMC rate decision on Thursday. Todays range 1975-1947 SP 500 future is...

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Economy

Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices

Chinese semiconductor stocks rallied on Wednesday after a report suggested Apple (NASDAQ: AAPL) is testing memory chips from domestic manufacturer ChangXin Memory Technologies (CXMT) for devices sold in China, fueling...

Iran Targets U.S. Bases in Bahrain, Kuwait as Hormuz Conflict Escalates and Oil Prices Jump

Iran dramatically escalated tensions on Wednesday, claiming it launched missile and drone attacks against U.S. military sites in Bahrain and Kuwait after the United States carried out fresh strikes on Iranian targets...

Japan Regional Bank Stocks Drop After Zentoshin Bankruptcy Sparks Credit Risk Concerns

Japanese regional bank stocks came under heavy selling pressure on Tuesday and Wednesday after investors assessed the financial impact of the bankruptcy of Osaka-based credit card payments processor Zentoshin, raising...

Cuba Power Outage Sparks Havana Protests as Fuel Crisis Deepens

Scattered protests erupted across Havana on Tuesday night as millions of Cubans continued to face prolonged power outages following the islands third nationwide blackout of the year. Residents banged pots and pans, honked...

Japan Revises Economic Blueprint to Reassure Markets on BOJ Independence

Japans government is considering revised wording on monetary policy in its latest economic blueprint in an effort to ease investor concerns over the Bank of Japans independence, according to a draft reviewed by Reuters....

Politics

Russia Launches Missile Attack on Kyiv, Injures Two as Odesa Strike Wounds 10

Russia launched a fresh missile attack on Ukraines capital, Kyiv, early Wednesday, sparking fires and leaving at least two people injured, according to city officials. The latest strike underscores the continued intensity...

Trinidad Businessman Dominic Hadeed Appeals Detention Over Alleged Assassination Plot

Businessman Dominic Hadeed and his wife, Genevieve Hadeed, have appealed their detention after being accused of involvement in an alleged plot to assassinate Trinidad and Tobago Prime Minister Kamla Persad-Bissessar and...

Marine Le Pen Launches 2027 French Presidential Bid After Court Eases Election Ban

Marine Le Pen officially announced on Tuesday that she will run in Frances 2027 presidential election after an appeals court reduced her ban from holding public office while upholding her conviction for embezzling European...

Japan LDP Seeks Tougher Enforcement of Shareholder Disclosure Rules for Activist Investors

Japans ruling Liberal Democratic Party (LDP) is preparing proposals to strengthen enforcement of shareholder disclosure rules for activist investors, aiming to improve transparency while preserving the benefits of...

Trump Intelligence Nominee Jay Clayton Set for Senate Confirmation Hearing on July 15

President Donald Trumps nominee for U.S. director of national intelligence, Jay Clayton, is scheduled to appear before the Senate Select Committee on Intelligence for his confirmation hearing on July 15, according to an...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Wolfspeed Sues Navitas Over GaN and SiC Patent Infringement

Wolfspeed Inc. (NYSE: WOLF) has filed a patent infringement lawsuit against Navitas Semiconductor Corp. (NASDAQ: NVTS), alleging that the chipmaker violated several of its key patents covering gallium nitride (GaN) and...

Apple Tests China's CXMT Memory Chips as DRAM Maker Gains Global Market Share

Apple Inc. (NASDAQ: AAPL) is reportedly evaluating memory chips from Chinese state-backed ChangXin Memory Technologies (CXMT) for devices sold in China, according to a Financial Times report citing people familiar with the...

OpenAI GPT-5.6 Set for Wider Release After U.S. Commerce Approval, Report Says

OpenAI is expected to roll out its advanced GPT-5.6 artificial intelligence model to a broader audience this week after receiving approval from the U.S. Department of Commerce, according to an Axios report published...

Zhipu AI Stock Jumps on Report of Custom AI Chip Development Plans

Knowledge Atlas Tech Joint Stock (HK:2513), the listed company associated with Chinese AI startup Zhipu AI, surged on Tuesday after a report said the company is exploring the development of a custom application-specific...

SpaceX Stock Draws Bullish Wall Street Coverage Ahead of Nasdaq-100 Inclusion

Several major Wall Street banks have launched coverage of Space Exploration Technologies (SpaceX) ahead of its inclusion in the Nasdaq-100 Index, assigning price targets between $190 and $300 as analysts take different...
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