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FxWirePro: USD/THB hovers around key support at 33.03 mark, sustained close below requires for downside rally

Nov 14, 2017 03:38 am UTC| Technicals

USD/THB is currently trading around 33.07 marks. It made intraday high at 33.07 and low at 33.06 marks. Intraday bias remains slightly bearish till the time pair holds immediate resistance at 33.22 mark. A...

FxWirePro: Nikkei225 downside capped by 55- 4H MA, good to buy on dips

Nov 14, 2017 03:33 am UTC| Technicals

Nikkei has shown a minor pullback after hitting low of 22106. The index hits 25- year high at 23423 and declined almost 1300 points from the high on account of profit booking and weak global markets. It is currently...

FxWirePro: Chinese yuan trades marginally lower as industrial output, retail sales data fail to match expectations

Nov 14, 2017 03:19 am UTC| Technicals

USD/CNY is currently trading around 6.6426 marks. It made intraday high at 6.6427 and low at 6.6349 levels. Intraday bias remains neutral for the moment. A sustained close above 6.6405 marks will test key...

FxWirePro: EUR/KRW trades in narrow range, bias remains neutral

Nov 14, 2017 02:05 am UTC| Technicals

EUR/KRW is currently trading around 1,302 mark. Pair made intraday high at 1,306 and low at 1,302 levels. Intraday bias remains neutral for the moment. A sustained close above 1,304 will take the parity...

FxWirePro: Aussie strengthens in early Asia on robust NAB business confidence data

Nov 14, 2017 01:39 am UTC| Technicals

AUD/NZD is currently trading around 1.1085 marks. Pair made intraday high at 1.1088 and low at 1.1034 marks. Intraday bias remains bullish till the time pair holds key support at 1.1010 mark. A sustained...

FxWirePro: S&P 500 breaks minor trend line support, dip till 2543 likely

Nov 13, 2017 13:03 pm UTC| Technicals

SP has formed a temporary top around 2596 and is showing a minor decline from that level. The index broken minor trend line support at 2581 and declined till 2573. It is currently trading around 2575. The index is...

FxWirePro: GBP/CHF slides through falling wedge resistance – One touch binaries to leverage speculative yields and activate RVs on Brexit threats

Nov 13, 2017 12:59 pm UTC| Technicals

Chart pattern formed- falling wedge pattern. Please be noted that the back to back shooting star patterns have occurred exactly at this juncture and they have shown their bearish effects so far. Major supports are...

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Economy

Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises

Asian stocks traded cautiously on Friday as investors awaited crucial U.S. jobs data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, renewed Middle East tensions pushed oil...

Philippine GDP Growth Slows to 2.3% in Q2

The Philippine economy expanded at a slower-than-expected pace in the second quarter, adding to concerns over the countrys growth outlook as weaker government spending and external risks weigh on economic activity. Gross...

Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns

Gold prices were largely steady on Friday as investors balanced renewed tensions in the Strait of Hormuz with hopes for a diplomatic solution, while assessing how geopolitical risks and higher energy costs could influence...

Oil Prices Surge as Iran Hormuz Restrictions Renew Supply Fears

Oil prices extended their rebound during Asian trading on Friday as renewed tensions surrounding the Strait of Hormuz weakened expectations for a full reopening of the crucial energy shipping route. Brent crude futures for...

US Stock Futures Rise as Markets Await July Payrolls Data

U.S. stock futures edged higher Thursday evening as investors reacted to upbeat corporate earnings and turned their attention to the July nonfarm payrolls report for fresh signals on Federal Reserve interest rate policy....

Politics

US-Backed Venezuela Government, Opposition Talks Begin

U.S.-backed negotiations between Venezuelas interim government and a faction of the countrys opposition began Thursday afternoon after nearly a week of delays, marking a new effort to reshape the nations political system...

Russian Strikes on Ukraine Kill Six, Wound Dozens in Balakliia and Sumy

Russian strikes across Ukraine killed at least six people and wounded dozens more overnight, according to Ukrainian regional authorities, as emergency crews worked to extinguish fires and remove debris from damaged...

North Korea May Deploy 120 Missiles to Russia

North Korea has begun deploying a missile unit to western Russia that could eventually operate up to 120 ballistic missiles and six launchers for potential strikes on Ukraine, according to Ukraines military intelligence....

Trump Orders Probe Into Pentagon Munitions Stockpile Leaks After Iran Conflict

U.S. President Donald Trump has ordered new investigations into alleged leaks involving Pentagon munitions stockpiles after media reports raised concerns about depleted U.S. weapons inventories following the conflict with...

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...

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

Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised

Cloudflare shares surged in after-hours trading Thursday after the cloud connectivity and cybersecurity company delivered stronger-than-expected quarterly results, issued upbeat third-quarter guidance and raised its...

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...
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