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Technicals

Sun, Dec 16, 2018 03:24 PM All times are UTC Edition :

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FxWirePro: USD/CHF Trade Idea

Dec 14, 2018 11:59 am UTC| Technicals

Pattern formed- Falling wedge USDCHF is consolidating in narrow range between 0.98628 and 0.99700for past four trading days. Markets shown a recovery after dovish SNB monetary statement.SNB has kept its target range...

FxWirePro: EUR/USD gravestone doji, shooting star and engulfing patterns develop sloping channel – Trade one touch put

Dec 14, 2018 11:46 am UTC| Technicals

EURUSDtumbles below 1.13 levels today, the weakness of this pair is observed on the occurrence of shooting star, bearish engulfing and gravestone doji pattern candlesticks at the stiff resistance zone (i.e. 1.1466 - 1.1501...

FxWirePro: USD/CAD trades higher on broad-based US dollar buying, good to buy on dips

Dec 14, 2018 10:48 am UTC| Technicals

USD/CAD has once again recovered after showing a minor decline yesterday. US jobless claims declined sharply to 206000 compared to forecast of 226000 and US CPI came flat compared to previous month of 0.3% and annualized...

FxWirePro: DXY recovers sharply from 20-day MA, any bullishness only bove 97.75

Dec 14, 2018 10:10 am UTC| Technicals

Major support- 96.85 (20- day MA) DXY was trading higher for 2ndconsecutive day. The index hits low of 96.88 and shown a good recovery of 70 pips and it has also broken recent high of 97.55 made on Dec 11th2018.It...

FxWirePro: EURUSD trades below 1.1300 on weak Eurozone PMI data, good to sell on rallies

Dec 14, 2018 09:32 am UTC| Technicals

EUR/USD has once again declined sharply after a a jump till 1.13933 level. ECB has kept its interest rates unchanged and confirmed that they will end QE at end of the month. They will be reinvesting the redemption. ECB...

FxWirePro: EUR/JPY bulls attempt to drag rallies on hammer formation – Trade boundary strikes and short hedge as major trend edgy

Dec 14, 2018 09:13 am UTC| Research & Analysis Technicals

EURJPYhas shown considerable price rallies upon below mentioned patterns, the trend seems to be little weaker for today. Technical chart and candlestick patterns formed Hammer pattern candles pop-up at 127.574 and...

FxWirePro: USD/ZAR touches 14.37 mark, sustained close above requires for upside rally

Dec 14, 2018 08:29 am UTC| Technicals

USD/ZAR is currently trading around 14.35 levels. It made intraday high at 14.36 and low at 14.15 levels. Intraday bias remains bullish for the moment. A daily close above 14.37 will take the parity...

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Economy

What moves markets more, Twitter or traditional news?

Can a single tweet make a countrys currency depreciate by 16%? Apparently it did on August 10, when Donald Trump tweeted that US tariffs on Turkish steel and aluminium would rise sharply. Amid 36,100 retweets, and calls by...

Corporate welfare bums: It’s payback time

Canadas welfare state is disintegrating. Meanwhile, Canadas corporate welfare state has never been stronger. In his 2018 Fall Economic Report, Finance Minister Bill Morneau announced that corporations would receive $14...

Why Apple is no longer a by-word for innovation – just ask the markets

Which company would you say is going to grow faster in the coming years: Apple or Dominos Pizza? Intuitively, we see Apple as an innovative firm with a forward-looking culture and disruptive ideas, while Dominos Pizza...

‘Start-up nation’: a symptom, but of what?

Under pressure, young entrepreneurs would tend to forget to take into account the effects of their ambitions on their surroundings. Just dance/Shutterstock Today, becoming a start-up nation is a public policy objective...

Angel investors, not entrepreneurs, need government support

What is the secret sauce in Silicon Valleys success? It doesnt hurt to have a high concentration of brilliant minds in one place, but perhaps the biggest factor is the high concentration of angel investors successful,...

Politics

WhatsApp skewed Brazilian election, proving social media's danger to democracy

Misinformation via social media was probably the main winner in Brazils October 2018 election, playing a troubling role in boosting far-right Congressman Jair Bolsonaro to presidency. Bolsonaro did not win 55 percent of...

Neoliberalism has led to a crisis in care – and we urgently need to solve it

Infant mortality is on the rise in the UK, while life expectancy for both men and women has stalled and is even dropping in some areas. In 2017, the number of homeless families and individuals placed in temporary...

Ramaphosa is missing an economic policy. What needs to be in it

As the entrails of the era under South Africas former president Jacob Zuma continue to be exposed each day before a commission set up to investigate corruption, so the country witnesses the consolidation of the political...

Law and order is no get-out-of-jail card for floundering politicians

With confidence in politicians at an all-time low, it would be easy to assume criminal law-making is only ever about law and order bidding and winning elections. For example, when it emerged that Hassan Khalif Shire Ali...

Emission targets: If there's a (political) will, there's a way

It seems like a day doesnt pass without the release of yet another study that shows human actions will inevitably increase the Earths average temperature past a tipping point that will lead to runaway climate...

Science

Proteins reveal intricate details about life under the microscope

People have always been fascinated by life. We dream about revealing all its mysteries and are even searching other planets trying to find some forms of life there. Philosophies around the world have tried to define and...

How researchers assess whether medications work

This article is in the series This is research, where we ask academics to share and discuss open access articles that reveal important aspects of science. Todays piece explains how clinical trials assess drug...

These 'useless' quirks of evolution are actually evidence for the theory

Evolution is a fascinating field but can be rife with misunderstanding. One misconception is that evolution has some innate sense of direction or purpose. In reality, evolution is a mindless, plan-free phenomenon, driven...

Curious Kids: How does the Moon, being so far away, affect the tides on Earth?

This is an article from Curious Kids, a series for children. You can send your question to [email protected] You might also like the podcast Imagine This, a co-production between ABC KIDS listen and The...

Opening Pandora's Box: Gene editing and its consequences

Today, the scientific community is aghast at the prospect of gene editing to create designer humans. Gene editing may be of greater consequence than climate change, or even the consequences of unleashing the energy of the...

Technology

How Twitter got blindsided by India’s still-toxic caste system

Twitter chief Jack Dorseys first visit to India had been going so well. He got to meet Prime Minister Narendra Modi (an avid Tweeter with 44.5 million followers), King of Bollywood Shah Rukh Khan (36.8 million followers),...

The Montréal Declaration: Why we must develop AI responsibly

I have been doing research on intelligence for 30 years. Like most of my colleagues, I did not get involved in the field with the aim of producing technological objects, but because I have an interest in the the abstract...

Protecting our digital heritage in the age of cyber threats

One of the key functions of the government is to collect and archive national records. This includes everything from property records and registers of births, deaths and taxes, to Parliamentary proceedings, and even the...

3 ways Facebook and other social media companies could clean up their acts – if they wanted to

Facebook is in crisis mode, but the company can take major steps to fix itself and the global community it says it wants to promote. Facebook founder, CEO and majority shareholder Mark Zuckerberg need not wait for...

Tech giants need to take more responsibility for the advertising that makes them billions

Last week I was followed around the Internet by a pair of shoes. I had looked at them online as a gift for my father-in-law, but he didnt like them, and neither did I. Yet no matter what site I visited, there they were,...

Digital Currency

Bitcoin's successor? More consistent values might make 'stablecoins' a safer cryptocurrency option

FxWirePro: Crypto arbitrage opportunity for the day

French Authority’s Actions on Crypto and Binary Options to Prevent frauds

Law

Carlos Ghosn, algorithms and ‘gilets jaunes’: becoming responsible

The government's encryption laws finally passed despite concerns over security

The government can restrain electricity prices without threatening to break up power companies. Its adviser says so

Life

Going travelling? Don't forget insurance (and to read the fine print)

Islamophobia and media stigma is having real effects on Muslim mothers in maternity services

You make decisions quicker and based on less information than you think

Nature

From pledges to action: Cities need to show their climate progress with hard data

We've been studying a glacier in Peru for 14 years – and it may reach the point of no return in the next 30

Badger cull alone won't work for eradicating bovine TB – but this might

Sports

Michael Schumacher 2018: German Legend’s Half-Brother Speaks About Their Relationship With Each Other

Trevor Ariza 2018: Is Former Houston Rockets Guard Coming to the Lakers? Is He a Good Fit?

Michael Schumacher Health Update: FIA President Jean Todt Revealed New Information About German Icon’s Recovery

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Market Data

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CHINA NOV 2018 CHINA HOUSE PRICES YY INCREASE TO 9.3 % VS PREV 8.6 %

BRAZIL’S CENTRAL BANK SAYS AUCTION TO ROLL OVER EXISTING CONTRACTS

BRAZIL CENTRAL BANK TO AUCTION ON MONDAY AS MANY AS 13.83 K TRADITIONAL CURRENCY SWAPS

BRAZIL’S CENTRAL BANK SAYS AUCTION TO ROLL OVER EXISTING CONTRACTS

BRAZIL CENTRAL BANK TO AUCTION ON MONDAY AS MANY AS 13.83 K TRADITIONAL CURRENCY SWAPS

S&P 500 FINANCIAL INDEX CONFIRMS BEAR MARKET, ENDS DOWN MORE THAN 20 PCT FROM JAN. 26 CLOSING HIGH

FITCH SAYS TURKEY IS SET FOR PROLONGED PERIOD OF BELOW TREND GROWTH AGAINST A BACKDROP OF TIGHT DOMESTIC POLICY SETTINGS AND TOUGH EXTERNAL CONDITIONS

FITCH SAYS TURKEY'S MONETARY POLICY HAS LONG PROVED UNABLE TO ANCHOR INFLATION IN SINGLE DIGITS

FITCH ON TURKEY SAYS IT PROJECTS THAT 2018 AND 2019 TARGETS WILL BE MISSED DUE TO IMPACT OF WEAK ECONOMY ON REVENUES

S&P SAYS SERBIA OUTLOOK REVISED TO POSITIVE ON STRONGER GROWTH AND IMPROVED MONETARY FLEXIBILITY; 'BB/B' RATINGS AFFIRMED

DOW JONES INDUSTRIAL AVERAGE CONFIRMS CORRECTION, ENDS DOWN MORE THAN 10 PCT FROM OCT 3 CLOSING HIGH

FITCH ON TURKEY SAYS NEGATIVE OUTLOOK REFLECTS SIGNIFICANT & MULTIFACETED RISKS TO ADJUSTMENT PATH POSED BY ECONOMIC POLICY SETTINGS, DOMESTIC POLITICAL & GEOPOLITICAL RISKS & GLOBAL FINANCING CONDITIONS

BRAZIL'S BOVESPA CLOSED AT 87,449.50, DOWN -0.44%

CANADA'S S&P/TSX COMPOSITE CLOSED AT 14,595.41, DOWN -1.05%

NASDAQ UNOFFICIALLY CLOSES DOWN 160.79 POINTS, OR 2.27 PERCENT, AT 6,909.55

S&P 500 UNOFFICIALLY CLOSES DOWN 50.50 POINTS, OR 1.91 PERCENT, AT 2,600.04

DOW JONES UNOFFICIALLY CLOSES DOWN 495.82 POINTS, OR 2.02 PERCENT, AT 24,101.56

CFTC-SPECULATORS INCREASE CBOT US 10-YEAR TREASURY FUTURES NET SHORT POSITION BY 100,616 CONTRACTS TO 393,802 IN WEEK ON DECEMBER 11

CFTC-SPECULATORS INCREASE CBOT US 2-YEAR TREASURY FUTURES NET SHORT POSITION BY 55,677 CONTRACTS TO 417,237 IN WEEK ON DECEMBER 11

CFTC-SPECULATORS TRIM CBOT US TREASURY BONDS FUTURES NET SHORT POSITION BY 10,391 CONTRACTS TO 62,194 IN WEEK ON DECEMBER 11

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Italian Mafia activities are expanding abroad – and European police forces are still unprepared

How people seeking asylum in Australia access higher education, and the enormous barriers they face

Role reversal: China cites human rights in spat with Canada

Why South African community's win against mining company matters

Wonder and wisdom in a children's forest nature program

It's not so easy to gain the true measure of things

The contest for the worst air pollutant

Some sharks have declined by 92% in the past half-century off Queensland's coast

Vital Signs: No, Joe, America should not be copying Australia's 'asset recycling' misdirection

Economics Monitor

December 16 00:00 UTC Released

IDCar Sales YY

Actual

6.8 %

Forecast

December 16 00:00 UTC Released

ARReal Weekly Earnings MM

Actual

9.1 %

Forecast

January 31 00:00 UTC 460285460285m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 460285460285m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 22 19:00 UTC 472105472105m

ARTrade Balance

Actual

Forecast

-1541 %

January 31 00:00 UTC 460285460285m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 22 19:00 UTC 472105472105m

ARTrade Balance

Actual

Forecast

-1541 %

January 31 00:00 UTC 460285460285m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 460285460285m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 460285460285m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

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