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FxWirePro: USD/TWD hovers around 32.00 mark, bias remains bearish below 32.08

Jul 20, 2016 03:48 am UTC| Technicals

USD/TWD is currently trading around 31.99 mark, It made intraday high at 32.08 and low at 31.93 marks. Intraday bias remains bearish till the time pair holds key resistance at 32.08 marks. A sustain close...

FxWirePro: USD/JPY hovers around 106 handle, finds stiff resistance at 106.30

Jul 20, 2016 03:39 am UTC| Technicals

USD/JPY hovers around 106 handle having made a high of 106.26 and a low of 105.83 in the Asian session till now. Upbeat US housing market data released overnight along with improved sentiment around the Japanese...

FxWirePro: Turkish lira falls 0.8 pct on the day, hits lowest since September 2015

Jul 20, 2016 03:16 am UTC| Technicals

USD/TRY is currently trading at 3.0533 levels. It made intraday high at 3.0612 and low at 3.0308 levels. Short term outlook remains bullish till the time pair holds key support level at 2.9962 levels. In...

FxWirePro:ASX200 struggles to break above 5500, good to buy at dips

Jul 20, 2016 02:31 am UTC| Technicals

Major support - 5450(21 4H MA) The index has taken support near 21 4H MA and slightly jumped from that level.It is currently trading around 5482. Overall trend is bullish as long as the support 5390 (4H...

FxWirePro: AUD/NZD fails to find support above 1.0700 mark, bias remains bearish below 1.0611

Jul 20, 2016 02:19 am UTC| Technicals

AUD/NZD is trading around 1.0636 marks. Pair made intraday high at 1.0677 and low at 1.0630 marks. Intraday bias remains neutral for the moment. On the top side, a sustained close above 1.0722 will drag the...

FxWirePro: Nikkei225 struggles to close above trend line resistance,good to sell on rallies

Jul 20, 2016 02:17 am UTC| Technicals

Major Support -16200 (55 day EMA) Major Intraday resistance- 16656 ​ Nikkei225 has jumped till 16724 and slightly declined from that level.It is currently trading around 16569. The index upside has been...

FxWirePro: USD/KRW struggles to break key resistance at 1142, buy on dips

Jul 20, 2016 01:58 am UTC| Technicals

USD/KRW is currently trading around 1140 levels. It made intraday high at 1143 and low at 1139 levels. Intraday bias remains bullish till the time pair holds key support at 1130 mark. A sustained break below...

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Economy

Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets

Most Asian stock markets declined on Tuesday, extending recent losses as the technology sector continued to struggle under concerns about stretched artificial intelligence valuations. Investor sentiment remained fragile...

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China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand

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Politics

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

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European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

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U.S. and Mexico Reach New Agreement to Tackle Tijuana River Sewage Crisis

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Ukraine Claims First-Ever Underwater Drone Strike on Russian Missile Submarine

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Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...
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