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Thu, Aug 06, 2026 07:09 PM All times are UTC

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FxWirePro: NZD/JPY retakes 80 handle, eyes trendline at 80.60 - stay long

Jan 04, 2018 06:51 am UTC| Technicals

NZD/JPY has retraced losses and edged above 80 handle as antipodeans remain buoyed by solid China services PMI. Chinas Caixin services PMI for December printed at 53.9 beating expectations at 51.8 and compared to 51.9...

FxWirePro: GBP/JPY forms bearish engulfing pattern, good to sell below 151.75

Jan 04, 2018 06:38 am UTC| Technicals

Candle stick pattern Bearish Engulfing pattern. GBP/JPY has formed a minor top of 152.82 yesterday and declined slightly till 151.75 level. The pair is struggling to break above 153 and is currently trading around...

FxWirePro: USD/ZAR trades in narrow range, bias remains neutral

Jan 04, 2018 06:35 am UTC| Technicals

USD/ZAR is currently trading around 12.37 levels. It made intraday high at 12.40 and low at 12.35 levels. Intraday bias remains neutral till the time pair holds key support at 12.26 mark. A daily close...

FxWirePro: NZD/USD retraces losses, kiwi buoyed by solid China services PMI

Jan 04, 2018 06:25 am UTC| Technicals

NZD/USD erased losses and swung back into the positive territory after upbeat China services PMI. A positive Chinese services PMI print followed the release of upbeat Chinese Caixin manufacturing PMI yesterday, lifted...

FxWirePro: NZD/USD retraces losses, kiwi buoyed by solid China services PMI

Jan 04, 2018 06:25 am UTC| Technicals

FxWirePro: Gold trades weak on strong US ISM data, good to sell on rallies

Jan 04, 2018 06:04 am UTC| Technicals

Gold declined almost $17 yesterday on account of strong US dollar. The yellow metal hits low of $1305.25 after hitting fresh three-month high at $1321.20. The main reason for decline in prices was due to better than...

FxWirePro: AUD/JPY breaks above 61.8% Fib, scope for test of trendline resistance at 89.45

Jan 04, 2018 05:57 am UTC| Technicals

AUD/JPY has broken consolidation, edges above 61.8% Fib at 88.03, bias higher. The Japanese yen trades marginally lower as manufacturing PMI data fails to match expectations. Data released earlier today showed...

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Economy

Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan

Asian stock markets retreated on Thursday, led by sharp declines in South Korea and Japan as renewed selling in semiconductor stocks erased part of the previous sessions AI-driven gains. Investors turned cautious after...

Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data

Asian currencies traded in a narrow range on Thursday as the U.S. dollar hovered near a seven-week low, with investors closely watching Middle East diplomatic developments and upcoming U.S. labor market data for clues on...

Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow

Gold prices climbed for a fourth consecutive session on Thursday, reaching their highest level in seven weeks as easing concerns over global energy supplies weakened the U.S. dollar and Treasury yields. The rally was...

Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge

Australias trade balance returned to a larger-than-expected surplus in June, driven by strong exports of iron ore, coal, liquefied natural gas (LNG), and non-monetary gold, according to data released Thursday by the...

Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff

Singapore said around one-third of its exports to the United States will be affected by a new 12.5% U.S. tariff introduced on July 24, with Trade Minister Gan Kim Yong estimating the impacted shipments at S$9.5 billion...

Politics

Russia Intensifies Drone and Bomb Attacks on Ukraine’s Zaporizhzhia, Deepening Civilian Fear

Russia has intensified its aerial assault on the southeastern Ukrainian city of Zaporizhzhia, leaving residents facing growing danger as drone and glide bomb attacks become more frequent. The escalating strikes have...

Russian Strikes Kill Six in Eastern and Northern Ukraine, Dozens Injured

Russian attacks across several regions of Ukraine killed at least six people and injured dozens overnight, as rescue teams continued emergency operations on Thursday, according to Ukrainian authorities. In the eastern city...

Abdul El-Sayed Wins Michigan Democratic Senate Primary, Sets Up Key Midterm Showdown

Abdul El-Sayed secured the Democratic nomination for Michigans U.S. Senate race, positioning himself for a closely watched general election against Republican Mike Rogers in November. The victory marks a significant moment...

U.S. Unseals Charges Against Five Alleged CJNG Leaders, Raises Reward for New Cartel Chief

The U.S. Justice Department has unsealed criminal charges against five alleged senior members of Mexicos Jalisco New Generation Cartel (CJNG), intensifying Washingtons crackdown on one of the worlds most powerful drug...

Mark Carney Jokes About Teleprompter, Takes Swipe at Trump

Canadian Prime Minister Mark Carney made light of a teleprompter malfunction during a housing policy news conference on Wednesday, using the unexpected interruption to take a subtle jab at U.S. President Donald Trump....

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

SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns

SoftBank Group (TYO: 9984) reported a stronger-than-expected fiscal first-quarter profit despite higher operating and financing costs, supported by massive investment gains from Intel and its Vision Fund portfolio. For the...

DeepSeek to Raise AI API Prices as Demand for New Models Surges

Chinese artificial intelligence startup DeepSeek has announced plans to significantly increase the pricing of its API services as demand for its latest AI models continues to grow. The company revealed the upcoming change...

SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook

Shares of SK Hynix and Samsung Electronics tumbled on Thursday, leading a broad decline in Asian memory chip stocks after earnings guidance from Sandisk and Western Digital failed to meet investors high expectations. SK...

Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop

Alphabet (NASDAQ: GOOGL) shares dropped as much as 5.4% during Thursdays session after news emerged that longtime Google AI leader Jeff Dean is leaving the company to launch a new artificial intelligence startup, adding to...

Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations

Western Digital (NASDAQ: WDC) reported stronger-than-expected fiscal fourth-quarter results on Wednesday, surpassing Wall Street estimates for both earnings and revenue while issuing an optimistic outlook for the first...