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FxWirePro: AUD/NZD consolidates around 1.0450 mark, bias highly neutral

Jun 30, 2016 03:11 am UTC| Technicals

AUD/NZD is trading around 1.0479 marks. Pair made intraday high at 1.0493 and low at 1.0450 marks. Short term bias remains highly neutral till the time pair holds tight range from 1.0547 to 1.0450 marks. On...

Nikkei225 trades well above 1500, targets 16250

Jun 30, 2016 02:54 am UTC| Technicals

Major Intraday support 15580 (Hourly Kijun-Sen) Major support -14770 (Feb 2nd 2016) Major Intraday resistance- 15720 (200 H MA) Nikkei225 has broken minor resistance at 15500 and jumped till 15795 . It is...

FxWirePro: USD/SGD faces key support at 1.3451 mark, bias remains bullish

Jun 30, 2016 01:44 am UTC| Technicals

USD/SGD is currently trading around 1.3482 marks. It made intraday high at 1.3487 and low at 1.3456 levels. Intraday bias remains bullish till the time pair holds key support at 1.3451 levels. A daily close...

FxWirePro: Yen strengthens in early hours despite lower than expected industrial production data

Jun 30, 2016 01:16 am UTC| Technicals

USD/JPY is currently trading around 102.82 marks. It made intraday high at 103.02 and low at 102.68 levels. Intraday bias remains bearish till the time pair holds key resistance at 102.84 marks. A sustained...

FxWirePro: EUR/USD bullish after breaking above 1.1100 levels

Jun 29, 2016 17:25 pm UTC| Technicals

The EUR/USD pair jumped above 1.1100 in the US session, as the pair found buying interest around 1.1066 price zone as some calm returned to global markets after the havoc of the Brexit vote. European stock markets...

FxWirePro: USD/CAD loses momentum but outlook is bullish

Jun 29, 2016 16:57 pm UTC| Technicals

The USD/CAD pair declined on Wednesday as oil prices rebounded towards 49$ per barrel and global financial markets stabilized for a second straight day following volatility triggered by Britains vote to leave the European...

EUR/USD faces trend line resistance around 1.11035, break above targets 1.1188/1.1230

Jun 29, 2016 12:44 pm UTC| Technicals

Major support 1.0900 (161.8% retracement of 1.14155 and 1.0971). Major resistance 1.11035 (trend line joining 1.1115 and 1.1103) The pair has retreated after making a high of 1.11031 at the time of writing. It...

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Economy

Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow

Oil prices climbed on Tuesday as stalled U.S.-Iran peace negotiations and uncertainty over reopening the Strait of Hormuz renewed concerns about global energy supplies. Asian stock markets, meanwhile, traded cautiously as...

Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy

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Politics

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Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

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FCC Steps Up China Tech Crackdown as Beijing Pushes Back

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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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

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China vs. NASA: The New Moon Race and What's at Stake by 2030

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Technology

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

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Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

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...
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