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FxWirePro- Gold Weekly Outlook

Feb 28, 2022 04:59 am UTC| Technicals

Ichimoku Analysis (Weekly chart) Tenken-Sen- $1877.41 Kijun-Sen- $1848.09 Gold was one of the best performers this month and surged nearly $200 on geopolitical tension. The Russian invasion of Ukraine...

FxWirePro: USD/JPY closes gap-down open, tensions remain high as Russia-Ukraine tussles amplify

Feb 28, 2022 04:46 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY opened with a huge gap-down, but quickly pared losses to trade largely muted at 115.51 at around 04:37 GMT. Western countries imposed harsher sanctions on Russia in response to...

FxWirePro:GBP/NZD maintains bearish bias with focus on 1.9800 level

Feb 26, 2022 00:57 am UTC| Technicals

GBP/ NZD declined to hit one and a half month low on Friday as hawkisk comment from RBNZ lifted the pair kiwi dollar against pound. The Super hawkish Reserve Bank of New Zealand (RBNZ) showed no sign of a pause on...

FxWirePro: EUR/NZD neutral in the short term scope for downward resumption

Feb 26, 2022 00:30 am UTC| Technicals

EUR/NZD recovered some ground from one- month low on Friday as the Russian invasion of Ukraine caused major mood swings in markets. Investors are now looking to see what impact the war will have on the European Central...

FxWirePro: EUR/AUD recovery facing a steep rock, likely to falter

Feb 25, 2022 20:21 pm UTC| Technicals

EUR/AUD recovered some ground after initially falling on Friday as the pair was aided by profit-taking on shorts. EUR/AUD bulls must regain the 1.5641 ( 5DMA) to stem the bearish tide and a rise above the...

FxWirePro-Major pair levels and bias summary

Feb 25, 2022 17:03 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: Daily Commodity Tracker - 25th February, 2022

Feb 25, 2022 16:08 pm UTC| Technicals

Daily Commodity...

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Economy

US Stock Futures Slip as AI Spending Fears, Fed Decision Weigh on Markets

U.S. stock futures declined during Asian trading on Tuesday as investors grew increasingly cautious over artificial intelligence (AI) spending, weak semiconductor sentiment, and the upcoming Federal Reserve interest rate...

RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation

Reserve Bank of Australia (RBA) Governor Michele Bullock warned on Tuesday that underlying inflation remains too high and said the central bank is prepared to raise interest rates again if necessary to bring price growth...

India GDP Growth Forecast Cut as Weak Investment, High Oil Prices Weigh on Economy

Indias economic growth is expected to slow significantly in the current fiscal year as weak private investment and rising oil prices linked to the Iran conflict weigh on domestic demand, according to a Reuters poll of...

Asian Stocks Sink as AI Spending Fears and China Chip Advances Hit Tech Shares

Asian stock markets fell sharply on Tuesday as renewed concerns over massive artificial intelligence spending and Chinas rapid semiconductor progress triggered another selloff in global chip stocks, with South Koreas KOSPI...

South Korean Chip Stocks Plunge as AI Spending Concerns and China Competition Shake Market

South Korean semiconductor stocks tumbled on Tuesday as investors pulled back from artificial intelligence (AI)-related shares, driven by growing concerns over AI infrastructure financing, rising competition from China,...

Politics

Taiwan to Test Wartime Weapons Production in Han Kuang Military Drills

Taiwan will test its ability to relocate weapons production and convert civilian factories for military manufacturing during its annual Han Kuang military exercises next month, as the island strengthens its defense...

US Customs Inspects China-Linked Factories in Vietnam Amid Trade Compliance Review

U.S. customs officials have reportedly conducted spot inspections at factories in Vietnam with links to Chinese companies as Washington intensifies efforts to verify compliance with trade and import regulations, according...

Brazil Challenges Trump Tariffs at WTO Over Trade Dispute

Brazil has formally requested consultations with the United States under the World Trade Organization (WTO) dispute settlement system, escalating its challenge against tariffs imposed by the Trump administration on...

West Bank Tensions Escalate as Palestinian Village Faces Settler Violence and Military Raids

Residents of the Palestinian village of Tal in the occupied West Bank say violence between Israeli settlers and Palestinians has pushed the area close to a breaking point after a deadly confrontation last week left six...

US Drone Industry Still Trails Ukraine as Pentagon Pushes American-Made Supply Chain

The Pentagon says the United States is still in the early stages of building a competitive domestic drone industry, even as it tightens requirements for military drones to use American-made components. Defense officials...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters

Semiconductor capital equipment stocks tumbled Monday after reports that China has begun mass-producing domestically developed immersion deep ultraviolet (DUV) lithography machines, raising concerns about the future...

Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says

Investor positioning in large-cap technology stocks has fallen sharply from previously elevated levels and is now close to neutral, signaling that the ongoing rotation away from the sector is largely complete, according to...

Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum

Shares of South Korean internet and cloud services company Naver surged more than 10% on Monday after the company announced that Nvidia will invest $1 billion by purchasing newly issued shares to support a major artificial...

CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight

Chinas ChangXin Memory Technologies (CXMT) is set to begin trading on the Shanghai Stock Exchange on Monday following the largest initial public offering (IPO) in Asia this year, with investors closely watching the...

Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project

Nvidia (NASDAQ: NVDA) is reportedly in discussions to provide a financial guarantee worth approximately $250 billion for OpenAI as part of an ambitious artificial intelligence data center project in Ohio, according to a...
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