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

May 25, 2020 15:09 pm UTC| Technicals

EUR/AUD declined on Monday as pair was sold on US-China jitters. US-China trade tensions is likely to keep EUR/AUD below 1.6846 (30 DMA), A break under 1.6556 would unmask 1.6403 level in the short term. Technical...

FxWirePro: EURUSD trades flat on thin liquidity, good to sell on rallies

May 25, 2020 14:25 pm UTC| Technicals

Candlestick pattern-Shooting star Ichimoku Analysis (Daily chart) Tenken-Sen- 1.08917 Kijun-Sen- 1.08732 EURUSD showed a minor recovery above 1.0900 on upbeat German IFO data. It came at 79.5 in May better than...

FxWirePro: USD/SEK breaks above 200-DMA, intraday bias bullish

May 25, 2020 12:52 pm UTC| Technicals

The Swedish Krona declined following the release of the worse-than-expected unemployment rate. Swedens jobless rate rose to 8.2 percent in April from 6.8 percent in the same month of the previous year, as the...

FxWirePro: Daily Commodity Tracker - 25th May, 2020

May 25, 2020 12:01 pm UTC| Technicals

Daily Commodity Tracker WTI (US OIL): Daily trend - Neutral Previous Week High/Low: 34.64/ 29.59 Previous Day High/Low: 33.98/ 30.73 GOLD (XAU/USD): Daily trend - Neutral Previous Week High/Low:...

FxWirePro: AUD/NZD holds 21-EMA support, 'Hammer' formation raises scope for upside

May 25, 2020 11:42 am UTC| Technicals

AUD/NZD chart - Trading View AUD/NZD was trading 0.13% higher on the day at 1.0726 at around 11:30 GMT after closing 0.08% lower in the previous session. The pair has bounced off 21-EMA support and Hammer formation...

FxWirePro: USD/NOK extends gains, outlook remains bullish

May 25, 2020 11:27 am UTC| Technicals

The Norwegian Krone declined, extending losses for the third straight session. as the greenback rose against a basket of currencies.and crude oil prices eased. Crude oil prices declined on concerns over rising...

FxWirePro: USD/TRY consolidates within narrow ranges, investors await fresh catalyst

May 25, 2020 10:40 am UTC| Technicals

The Turkish Lira consolidated within narrow ranges as investors awaited the next catalyst for further direction. On Sunday, Turkeys health minister announced 32 new deaths from Covid-19, bringing the death toll in the...

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Economy

Japan Earthquake Disrupts Auto and Chip Supply Chains

Japans powerful 7.1-magnitude earthquake that struck Kumamoto this week has disrupted manufacturing operations across one of the countrys most important industrial regions, raising concerns over supply chain stability for...

China PMI Contracts in July as Weak Demand and Typhoons Weigh on Economy

Chinas factory activity unexpectedly returned to contraction in July, while the countrys services sector also weakened, highlighting growing pressure on the worlds second-largest economy as soft domestic demand and...

BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible

The Bank of Japan (BOJ) kept its benchmark interest rate unchanged at 1.0% on Friday, opting to assess the economic impact of its June rate hike while maintaining a cautious stance amid Middle East tensions and continued...

Asian Stocks Rally as AI Optimism Lifts Markets; Yen Holds Gains Ahead of BOJ Decision

Asian stock markets surged on Friday, tracking a strong rebound on Wall Street as renewed confidence in artificial intelligence (AI) spending sparked a broad recovery in technology shares. South Koreas Kospi led the gains...

Gold Price Today: Gold Set for First Monthly Gain Since February Despite Friday Dip

Gold prices edged lower during Asian trading on Friday, but the precious metal remained on track to post its first monthly gain since February as investors balanced easing inflation concerns against uncertainty surrounding...

Politics

Spain Deploys Troops as Ceuta Faces Major Migrant Surge From Morocco

Spain deployed military personnel and additional police to the North African enclave of Ceuta on Thursday after thousands of migrants attempted to enter the territory from Morocco by sea and land, escalating pressure on...

HRW Accuses Russia’s Africa Corps of Deadly Airstrike on Mali Civilians

Human Rights Watch (HRW) has accused Russias Africa Corps of carrying out an indiscriminate airstrike that killed eight civilians, including three children, in central Mali, raising fresh concerns over civilian casualties...

South Korea Reviews Border Drone Incident After Troops Mistake U.S. Aircraft for Potential Threat

South Koreas military will inspect the Armys 1st Corps on Friday after troops nearly engaged what was initially believed to be an unidentified aircraft near the border with North Korea, only to later confirm it was a U.S....

Brazil Supreme Court Approves Probe Into Lula’s Son Over Health Ministry Lobbying Claims

Brazilian Supreme Court Justice Andre Mendonca has authorized federal police to investigate Fabio Luis Lula da Silva, the son of President Luiz Inacio Lula da Silva, over allegations that he improperly assisted a lobbyist...

North Korea Warns U.S. Forces Japan Expansion Raises Korea Conflict Risk

North Korea has sharply criticized the expansion of the U.S. Forces Japan (USFJ) command, warning that the possibility of armed conflict on the Korean Peninsula has become a matter of timing rather than speculation. In an...

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

Sony Raises Full-Year Outlook After Q1 Profit Jumps 40% on Gaming and Chip Growth

Sony Group (TYO: 6758) delivered a strong start to its fiscal 2026, reporting a 40% year-over-year increase in first-quarter operating profit and raising its full-year earnings outlook, fueled by robust performance in its...

Anthropic Reveals Claude AI Accessed Real Production Systems During Cybersecurity Tests

Anthropic disclosed on Thursday that its Claude artificial intelligence models gained unauthorized access to the production systems of three organizations during internal cybersecurity evaluations after a testing...

Amazon Q2 Earnings Beat Estimates as AWS AI Growth Surges, But Q3 Revenue Forecast Disappoints

Amazon exceeded Wall Street expectations for second-quarter revenue, driven by rapid growth in its cloud computing business and rising demand for artificial intelligence services. However, the companys weaker-than-expected...

Apple Q3 Earnings Beat as Record iPhone Sales Offset Services, China Weakness

Apple delivered stronger-than-expected fiscal third-quarter results, driven by record June-quarter iPhone sales that reinforced the strength of its core smartphone business. Despite the earnings beat, Apple shares fell...

Sony Eyes $1.3 Billion Tamron Acquisition as Lens Maker Reviews Offer

Tamron (TYO:7740) confirmed Thursday that it has received a non-binding acquisition proposal from Sony (TYO:6758), following reports that the potential deal could be worth approximately 200 billion yen ($1.3 billion). The...