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Mon, Apr 29, 2024 01:11 PM All times are UTC

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FxWirePro- Silver Daily Outlook

Apr 09, 2024 10:30 am UTC| Technicals

Silver- Ichimoku analysis (4-hour chart) Tenken-Sen- $27.18 Kijun-Sen- $26.58 Silver hit a multi-year high due to economic optimism. It hit a high of $28.16 at the time of writing and is currently...

FxWirePro: GBP/AUD key support held early, but negative factors build

Apr 08, 2024 23:51 pm UTC| Technicals

GBP/AUD eased on Monday as Australian dollar gained traction against pound as antipodean currency was supported by higher iron ore prices . Iron ore futures surged to near two-week highs on Monday, fueled by optimism...

FxWirePro:EUR/NZD neutral in the near-term, scope for downward resumption

Apr 08, 2024 23:40 pm UTC| Technicals

EUR/NZD little changed on Monday as investors were caution ahead of this weeks RBNZ policy decision . Interest rate decision by the Reserve Bank of New Zealand (RBNZ), which will be announced on Wednesday. ...

FxWirePro: GBP/NZD momentum negative despite pause in losses

Apr 08, 2024 20:29 pm UTC| Technicals

GBP/NZD dipped on Monday but losses were limited as focus shifted to RBNZ policy decision. Its widely expected that the Reserve Bank of New Zealand (RBNZ) will maintain the current interest rate at 5.5%, given that...

FxWirePro: EUR /AUD downside pressure builds, key support level in focus

Apr 08, 2024 17:29 pm UTC| Technicals

EUR /AUD slipped lower on Monday as Australian dollar supported by higher iron ore prices. Iron ore futures surged on Monday, reaching their peak in nearly a fortnight, driven by optimism surrounding potential...

FxWirePro- Ethereum Daily Outlook

Apr 08, 2024 12:16 pm UTC| Technicals Digital Currency

ETHUSD hits a one-month high on upbeat market sentiment. It hit a high of $3638 at the time of writing and is currently trading around $3641. Ethereum whales bought 10322 ETH within 14 hours, according to on-chain...

FxWirePro- BTCUSD Daily Outlook

Apr 08, 2024 12:01 pm UTC| Technicals Digital Currency

BTCUSD holds above $72000 ahead of the halving event this month.It hit a high of $72606and is currently trading around $72374. According to coin glass data, over $55.72 million liquidated in short positions in the...

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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

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...

LG Uplus, Kakao Mobility EV Charging Joint Venture Approved by the FTC

LG Uplus and Kakao Mobilitys joint venture to operate electric vehicle charging stations has been approved by the Fair Trade Commission. The antitrust regulator approved the JV on Monday, April 29. FTCs Crucial...