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FxWirePro: USD/CNH OTC outlook, option strategy amid latest development of US-China trade deal

Dec 03, 2018 13:12 pm UTC| Research & Analysis

A momentary ceasefire of the trade war after China and the US reached a trade deal over the weekend. The deal means both sides will not impose any new tariff for the time being. Additionally, Washington has agreed not to...

FxWirePro: Snapshot on UK PMIs - Deploy tactical GBP longs versus EUR via options

Dec 03, 2018 12:41 pm UTC| Research & Analysis

The UKs manufacturing PMI moved away from Octobers 27-month low of 51.1 to reach 53.1 in November. The outturn beat not only consensus expectations of a rise to 51.7, but also our more optimistic forecast of a 52.0...

FxWirePro: NZD/JPY finds stiff resistance at 200W SMA, stay long on break above

Dec 03, 2018 12:17 pm UTC| Technicals Research & Analysis

NZD/JPY chart on Trading View used for analysis NZD/JPY opened with a gap-up on Mondays trade after US-China trade truce boosts the demand for the riskier currencies. The pair has paused shy of major resistance...

Lingering optimism of BTC ETFs approval amid SEC' stringent regulation in ICOs and bearish streaks

Dec 03, 2018 11:51 am UTC| Research & Analysis Digital Currency

The U.S. Securities and Exchange Commission (SEC) postponed deciding on whether to approve Bitcoin-related exchange-traded funds (ETFs), public documents divulge. While SECs Jay Clayton doesnt seem to be buzzing green...

FxWirePro: NZD/CAD slips lower from fresh 5-month highs at 0.9162, further weakness likely on account of overbought pressures

Dec 03, 2018 10:59 am UTC| Technicals Research & Analysis

NZD/CAD chart on Trading View used for analysis NZD/CAD has slipped lower from fresh 5-month highs at 0.9162. The pair is currently trading at 0.9118, down 0.23% on the day. Price action has broken above...

FxWirePro: NZD/CHF Trade Idea

Dec 03, 2018 09:56 am UTC| Technicals Research & Analysis

NZD/CHF chart on Trading View used for analysis FxWirePro Currency Strength Index for NZD/CHF: Bias Bullish FxWirePros Hourly NZD Spot Index was at 130.128 (Bullish) FxWirePros Hourly CHF Spot Index was at -96.6255...

FxWirePro: Bid USD/CAD 1w/1m OTC setup - Capitalize on interim dips to deploy diagonal call ratio back spreads

Dec 03, 2018 09:53 am UTC| Research & Analysis

Ahead of BoCs monetary policy that is scheduled for this week, USDCAD uptrend remains intact, simultaneously, short-term trend signals intensified selling pressures as the current price slid below 21-DMA levels. Canadian...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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