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Mon, Apr 29, 2024 02:00 PM All times are UTC

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FxWirePro- ONDOUSD (Chart of the day)

Apr 16, 2024 11:02 am UTC| Technicals

Ondo is building the next generation of financial infrastructure to improve market efficiency, transparency, and accessibility. USDY (USDollarYield Token) is a tokenized note secured by short-term US Treasuries and...

FxWirePro- Crude Oil Daily Outlook

Apr 16, 2024 10:11 am UTC| Technicals

WTI crude oil showed a minor pullback from a minor bottom of $84.02.It hit a high of $86.10yesterday and is currently trading at $84.98. Iran attacked Israel using 300 drones and missiles in retaliation. Previously,...

FxWirePro- Silver Daily Outlook

Apr 16, 2024 09:06 am UTC| Technicals

Silver- Ichimoku analysis (4-hour chart) Tenken-Sen- $28.34 Kijun-Sen- $27.90 Silver lost its shine on the hawkish Fed. It hit a low of $27.58yesterday and is currently trading around...

FxWirePro: EUR/AUD consolidating around 1.6490, room for further gains

Apr 15, 2024 23:52 pm UTC| Technicals

EUR/AUD extended towards 1.6490 on Monday as risk currencies like Australian dollar took a hit after heightened conflict in the Middle East. ns. Iran launched explosive drones and missiles at Israel late on...

FxWirePro: GBP/NZD extends gains, faces 23.6%fib resistance

Apr 15, 2024 21:33 pm UTC| Technicals

GBP/AUD maintains its strength around the 2.1068 level , displaying a mild reaction to middle east conflict. A deluge of key UK data this week are now eyed as a guide for whether the BoE can cut rates as soon as...

FxWirePro: EUR/NZD sustains gains despite on going geopolitical risks

Apr 15, 2024 18:54 pm UTC| Technicals

EUR/NZD strengthened on Monday as weaker kiwi dollar benefited bulls, but the gains were capped amid middle east tensions. The is pair heading towards the 23.6%fib, as near term direction of the pair is likely to be...

FxWirePro:GBP/AUD stays bid, not much reaction to Iran-Israel tensions

Apr 15, 2024 17:13 pm UTC| Technicals

GBP/ AUD steadied around 1.9290 on Monday but gains were limited as markets were gripped by geopolitical fears. A rally towards 1.9400 is possible if GBP/ AUD bulls overcome resistance at 38.2%fib. Technical...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Dogwifhat's Surge on Solana Network Ignites Crypto Market Buzz

Dogwifhat, a meme coin built on the Solana blockchain, has shown a remarkable recovery, catching the eye of investors after its recent listing on Bybit led to a notable price increase. This development comes amidst a...

Lawyer Accuses DOJ of 'Obvious Disdain for Privacy' in Tornado Cash Case

Amanda Tuminelli, legal counsel for the DeFi Education Fund, has strongly criticized the DOJs apparent disregard for privacy and emerging technologies in its ongoing case against Tornado Cash. Critique of DOJs Technical...

Australia Set to Unveil Spot Bitcoin ETFs, $4 Billion Inflows Projected

Australias top exchange, the ASX, is poised to approve its first spot in Bitcoin ETFs. This could potentially unlock $3 to $4 billion in initial inflows over the next three years, bolstering the countrys robust crypto...

Tesla Cybertruck Triumphs in Off-Road Challenge, Reveals Enhanced Features

Teslas Cybertruck recently demonstrated its superior off-road capabilities in a video featuring new adjustments for pitch and angle to boost its performance on challenging terrains. Cybertruck Outperforms in Rigorous...

China Beat South Korea in OLED Panel Shipments for Small Gadgets

China reportedly defeated South Korea in the shipment of organic light-emitting display panels, or OLED, for IT gadgets. The Chinese makers outdid Korea for the first time in the first quarter of 2024. New Records for...