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Asia Roundup: Antipodeans decline as coronavirus cases rise, greenback rebounds on possible fiscal stimulus, investors eye EZ GDP figures - Tuesday, March 10th, 2020

Mar 10, 2020 07:15 am UTC| Market Roundups Investing

Market Roundup Oil prices jump 6% after biggest one-day fall since 1991 Gold falls 1% on global stimulus hopes Mainland China reports 19 new confirmed cases of coronavirus Economic Data...

Asian markets turns to green, gold down

Mar 10, 2020 05:12 am UTC| Commentary Investing

All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,654 mark while silver was trading around $16.95 mark. Japans Nikkei was trading 0.85 pct higher at 19,800.50...

Asia Roundup: Antipodeans at 11-year low as oil plunges over 30 percent, greenback slumps as U.S. Treasury yields decline, Asian shares tumble on coronavirus panic - Monday, March 9th, 2020

Mar 09, 2020 07:09 am UTC| Market Roundups Investing

Market Roundup Oil plunges about 30% after Saudi Arabia slashes prices Gold jumps past $1,700 level for first time in seven years Japan warns against yen spike Economic Data Ahead (0430 ET/0930...

Asian markets severely down, gold back below $1,700 mark

Mar 09, 2020 04:56 am UTC| Commentary Investing

All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,660 mark while silver was trading around $16.82 mark. Japans Nikkei was trading 5.82 pct lower at 19,548.50...

Asia Roundup: Aussie eases on downbeat retail sales, Yen rallies as fears mount over virus impact, Asian shares plunge - Friday, March 6th, 2020

Mar 06, 2020 07:30 am UTC| Market Roundups Investing

Market Roundup Oil slips amid demand concern Gold set for biggest weekly gain since 2016 Australias Retail Sales drop 0.3% in Jan Economic Data Ahead (0245 ET/0745 GMT) France Exports, EUR...

FxWirePro: Chinese yuan falls gradually against U.S. dollar, stay long only above 6.9611 mark

Mar 06, 2020 07:18 am UTC| Technicals Investing

USD/CNY is currently trading around 6.9453 marks. It made intraday high at 6.9577 and low at 6.9367 levels. Intraday bias remains slightly neutral till the time pair holds key resistance at 6.9611 mark. A...

FxWirePro: Gold trades higher on Safe-haven demand, good to buy on dips

Mar 06, 2020 05:18 am UTC| Technicals Investing

Ichimoku Analysis (Daily chart) Tenken-Sen- $1626 Kijun-Sen- $1618 Gold recovers sharply more than $40 on Safe-haven demand. US stocks have shown a massive sell-off of more than 3% due to coronavirus. The global...

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Economy

Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets

Most Asian currencies held steady on Thursday after modest gains, as markets continued to price in the possibility of a Federal Reserve rate cut next week. The US Dollar Index edged 0.1% higher following an overnight dip...

Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains

Asian stock markets traded mostly subdued on Thursday, mirroring the modest uptick seen on Wall Street as investors positioned themselves ahead of next weeks Federal Reserve meeting. Market sentiment remained cautiously...

China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai

Taiwan President Lai Ching-te has urged Chinese President Xi Jinping to direct his focus toward revitalizing Chinas weakening economy rather than pursuing territorial expansion, highlighting widening economic contrasts...

IMF Deputy Dan Katz Visits China as Key Economic Review Nears

International Monetary Fund Deputy Managing Director Dan Katz is making his first trip to China since leaving his position as chief of staff to U.S. Treasury Secretary Scott Bessent, marking a significant moment ahead of...

Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut

The U.S. dollar fell to a five-week low on Thursday as Asian stocks opened the trading day with muted performance, reflecting growing expectations that the Federal Reserve will cut interest rates at its meeting next week....

Politics

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Cuban authorities announced that the island is intensifying its fight against narcotics trafficking in the Caribbean, emphasizing ongoing cooperation with the U.S. Coast Guard despite heightened political tensions and an...

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

An Irish naval vessel detected as many as five drones operating close to the flight path of Ukrainian President Volodymyr Zelenskiys aircraft as he arrived in Ireland for a state visit, according to local media reports on...

Australia Progresses AUKUS Review as U.S. Affirms Strong Support

Australia is moving forward with the newly received United States review of the AUKUS nuclear-powered submarine partnership, signalling renewed confidence in the trilateral defence pact with the U.S. and the United...

Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship

The Trump administration has introduced stricter vetting measures for H-1B visa applicants, targeting professionals in highly skilled fields often recruited by major U.S. tech companies. According to an internal State...

California Launches Portal for Reporting Alleged Misconduct by Federal Immigration Agents

California has introduced a new online portal that enables the public to submit videos, photos, and other evidence of potential misconduct by federal immigration agents. The initiative comes as immigration enforcement...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...