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Sat, Apr 27, 2024 07:47 AM All times are UTC

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EUR/USD expects more short-covering

Feb 25, 2015 08:15 am UTC| Technicals

Leveraged accounts for EUR/USD push to 1.1389 high Extended loosening of shorts and lower option volumes extensively eyed Todays high close to center of supposed key pivots 1.1270-1.1534 Significant...

GBP/USD breaks heavy resistance

Feb 25, 2015 08:13 am UTC| Technicals

Solid resistance capping bulls at 1.5481 broke 1.5481 - 23.6% retrace of the 1.7192 to 1.4952 Jul to Jan fall Ichimoku Cloud top at 1.5490 has also been taken out Daily close above 1.5481/1.5490 will...

USD/JPY continues to trade above cloud bullish

Feb 25, 2015 08:11 am UTC| Technicals

Steep intra-day fall on Tuesday allowed getting long overnight Pair continues trading above Ichimoku cloud indicating upside potential Daily close above tenkan line at the 118.98 level required Tenkan ...

Nikkei reverses gains seen earlier, weighs on USD/JPY

Feb 25, 2015 06:14 am UTC| Technicals

Nikkei close 18,585.20, -18.28 pts, fresh 18,648.77 trend high earlier. 18,552.81 low of session into the close. USD/JPY weighed by late Nikkei weakness again, back towards 118.62 low earlier. USD/JPY...

USD/CNH bounces along with neutral signals

Feb 25, 2015 04:49 am UTC| Technicals

Offshore 100pts loss improved in Asia on higher CNY fix HSBC flash PMI strong headline - softer details 5 dma momentum studies crest, 10 20 dmas rise - neutral setup Initial support are earlier ...

AUD/USD strong ahead of Europe

Feb 25, 2015 04:43 am UTC| Technicals

AUD/USD moves back to 0.7880 as short covering continues in Asia Next layer of stops start above 79 cents - break targets 55-dma at 0.8003 Short covering rallies may be quickly reversed in...

AUD/NZD sees positive signals - 1.0490/00 pivotal

Feb 25, 2015 03:54 am UTC| Technicals

+15pts in Asia - AUD led as stops above 0.7850 were tripped Bullish outside day yesterday contributes to Thursdays hammer reversal signal 1.0488 38.2% of 2015 fall 20 dma resistance - close above strong...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

OpenAI CEO Sam Altman and Other AI Leaders Join Federal Safety Board, Pledge to Protect Children Online

Sam Altman of OpenAI and executives from Microsoft, Google, and Nvidia have joined a new government AI safety board. This initiative, part of a broader effort to regulate AIs deployment in critical sectors, coincides with...

Mainland China Investors Blocked from Accessing New Hong Kong Bitcoin ETFs

Despite launching new Bitcoin and Ether ETFs in Hong Kong, mainland Chinese investors remain sidelined due to longstanding cryptocurrency bans in their home country. Spot Bitcoin and Ether ETFs Launch in Hong Kong, But...

SHIB Price Climbs as Shibarium Upgrade Sparks Optimism Among Investors

The Shiba Inu cryptocurrency surged over 4% on April 26, buoyed by executive enthusiasm for the forthcoming Shibarium upgrade to enhance the platforms functionality and security. Shibarium Upgrade Fuels Market Optimism,...

China Investigates Digital Yuan Architect Yao Qian Amid CBDC Concerns

Yao Qian, a pivotal figure behind Chinas digital yuan, is under investigation for alleged misconduct, casting uncertainty on the future of Chinas CBDC initiatives. Probe into Yao Qian Shakes Foundations of Chinas...

Shein Joins Facebook, Amazon in EU Digital Regulations Compliance

Under the EU Digital Regulations, Shein has joined tech giants like Facebook, Amazon, and Google in meeting the strict compliance standards set by the EUs Digital Services Act due to its user base surpassing 45 million in...