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USD/MYR trends higher, underpinned by risk off, oil/commodities fall

Mar 09, 2016 00:09 am UTC| Technicals

Outlook is bullish after failure below 4.10, eyes 4.15 resistance Bank of Malaysia (BNM) policy meeting today, forecast OPR to remain unchanged at...

USD/JPY opens broadly lower with risk

Mar 08, 2016 22:07 pm UTC| Technicals

NY 112.42/113.15 range provide initial support/resistance 111.00 Feb double bottom a base - 115.07, 38.2% 2016 fall pivotal resistance Neutral momentum studies, 5, 10 20 DMAs coil - little...

AUD/USD holding up with help of 1.12% rise in iron ore

Mar 08, 2016 22:04 pm UTC| Technicals

Other commodities fall hard after China trade data disappoint and spur growth fears NYMEX crude down over 4% and NY copper down 2.7% AUD/USD holds rallies at 0.7500, but could test of 200-day MA around...

FxWirePro: AUD/USD stuck in range but outlooks remains bullish

Mar 08, 2016 19:31 pm UTC| Technicals

AUD/USD paused near 8-month high on Tuesday as heavy yen buying and disappointing Chinese trade data weighted on Aussie bulls. Currently the pair is making an attempt to test resistance level at 0.9500. Further...

FxWirePro: EUR/USD gains upside momentum with focus on 1.1150 levels

Mar 08, 2016 16:13 pm UTC| Technicals

Euro has gained some ground against dollar by reaching as high as 1.0910 levels in the early US session as oil prices slipped into negative territory, reversing some of the earlier gains. The ongoing bullish trend is set...

FxWirePro: GBP/USD bearish again as upside bias reverses

Mar 08, 2016 15:28 pm UTC| Technicals

The GBP/USD has resumed its bearish trend, as the sterling was back under bearish pressure after European stock markets declined. The pair is all set to move in quick succession towards 1.4000 levels in the near term, as...

FxWirePro: USD/CHF resumes downside after failing to break resistance at 0.9959

Mar 08, 2016 14:47 pm UTC| Technicals

The safe heaven Swiss franc rose against dollar on Tuesday as downbeat Chinese trade data fuelled concerns of global demand weighing on risker assets. The pair rallied initially to test resistance level at 0.9959 in the...

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Economy

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...
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