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FxWirePro: AUD/USD upside halts at 61.8% Fib, break above targets trendline at 0.7710

Sep 22, 2016 04:34 am UTC| Technicals

AUD/USD spikes past 20-DMA resistance which was capping upside in the pair. The major hovers around 61.8% Fib (0.7760 to 0.7442 fall) at 0.7638, break above likely to target major trendline resistance at...

FxWirePro: NZD/USD spike post-RBNZ short lived, pares gains to trade largely muted, bias higher

Sep 22, 2016 04:08 am UTC| Technicals

RBNZ left its official cash rate (OCR) unchanged at 2.00% as widely expected. In the statement, the c.bank noted that a decline in NZD is needed and added that further easing will be required. Comments from...

ASX200 trades higher,good to buy on dips

Sep 22, 2016 03:27 am UTC| Technicals

​Major support - 5270 (200- HMA). The index has broken major resistance at 5350 and jumped till 5394 at the time of writing. It is currently trading around 5389. ASX200 is trading slightly well above Tenken-Sen...

FxWirePro:Nikkei225 trades higher after Fed meeting, good to buy on dips

Sep 22, 2016 02:53 am UTC| Technicals

Nikkei225 breaks 200- HMA after Fed kept its interest rate unchanged in September meeting.It is currently trading around 16633. Fed has kept its interest rate unchanged and reiterated that the case for an increase in...

FxWirePro: USD/TWD hits fresh 6-week low at 31.12, sustained break below targets 30.99

Sep 22, 2016 02:46 am UTC| Technicals

USD/TWD is currently trading around 31.34 marks. It made intraday high at 31.49 and low at 31.12 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.50 marks. A daily close...

FxWirePro: South Korean won opens by more than 1 pct against U.S. dollar, faces key support at 1,101

Sep 22, 2016 02:18 am UTC| Technicals

USD/KRW is currently trading around 1,113 levels. It made intraday high at 1,104 and low at 1,101 marks. Intraday bias remains bearish till the time pair holds key resistance at 1,122 levels. A daily close...

FxWirePro: USD/SGD hits fresh 2-week low at 1.3510, consistent break below targets 1.3462

Sep 22, 2016 01:58 am UTC| Technicals

USD/SGD is currently trading around 1.3530 marks. It made intraday high at 1.3546 and low at 1.3510 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3605 marks. A daily...

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Economy

European Stocks Flat as Oil Prices Rise, US CPI in Focus

European stocks were little changed on Monday, holding close to record highs as rising crude oil prices and continued uncertainty over Middle East shipping routes offset optimism following last weeks strong market rally....

S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom

U.S. stock futures edged higher Monday as investors weighed escalating tensions surrounding Iran and the Strait of Hormuz while preparing for crucial U.S. inflation data later this week. SP 500 futures gained about 0.1%,...

Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises

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South Korean Won Leads Asian FX Losses as Dollar Rises

The South Korean won led declines across Asian currencies on Monday as the U.S. dollar strengthened, while the Japanese yen retreated after giving up some of its intervention-driven gains. The U.S. Dollar Index rose 0.18%...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to support the market, despite Iran and Oman moving closer to an agreement on new shipping routes through the strategic...

Politics

South Korea, US Set Major Military Drills for August

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US ‘Digging In’ Across Indo-Pacific, Pentagon Official Says

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Myanmar Rejects ASEAN Special Envoy, Challenges Regional Peace Plan

Myanmars military-backed government has rejected the continued role of ASEANs special envoy, deepening tensions with the regional bloc as Thailand pushes for Myanmar to fully re-engage with Southeast Asian nations....

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

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

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...
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