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FxWirePro: AUD/NZD capped below 200-DMA at 1.0922, further bullishness only on breaks above

Mar 07, 2016 05:28 am UTC| Technicals

AUD/NZD has broken strong resistance at 1.0875 (triangle top) on Wednesdays trade last week. The pair is however struggling to extend gains, price action was rejected at days high by 1.0925, 200-DMA currently at...

FxWirePro: GBP/JPY faces strong resistance around 162.50, good to sell on rallies

Mar 07, 2016 05:13 am UTC| Technicals

Candlestick pattern formed- Shooting star Major resistance - 162.50 GBP/JPY has retreated after making a high of 162.50. It is currently trading around 161.62. Short term trend is weak as long as resistance...

FxWirePro: NZD/USD breaks out of range trade, 0.6835 next likely target

Mar 07, 2016 04:40 am UTC| Technicals

NZD/USD broke out of 0.6745-0.6565 range trade on Friday, which it was trading in since the past month. Positive reversal in global risk sentiment has boosted high-yielding risky currencies which have outperformed...

Gold finds support above $1250 after US NFP results, intraday bias remains neutral

Mar 07, 2016 04:33 am UTC| Technicals

Pair is currently trading at $1260 marks. It made intraday high at $1268 and low at $1256 levels. February US non-farm payrolls far outpaced estimates on Friday; however, average hourly earnings data were less...

ASX200 trades well above 5100, jump till 5230 is possible

Mar 07, 2016 03:31 am UTC| Technicals

Major support - 5075 (resistance turned into support) ASX200 breaks major resistance 5100 and jumped till 5155. It is currently trading around 5135. On the higher side major resistance is around 5160 and any break above...

Nikkei faces minor resistance around 17200, good to buy at dips

Mar 07, 2016 03:08 am UTC| Technicals

Major support -16500 ( 7 day EMA) The index has broken major resistance 17035 and jumped till is currently trading around 16908. The index is facing minor resistance around 17200 and any break above targets...

FxWirePro: USD/JPY regains upwards momentum, eyes 114.80 levels

Mar 04, 2016 16:15 pm UTC| Technicals

The USD/JPY pair slipped towards 113.14 levels after the release of US employment data, however the pair pulled back some losses after the market stabilized from the impact of the news. Currently the pair is trading...

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Economy

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...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

China's Inflation Data Misses Forecasts as Consumer Prices Slow in March

Chinas latest inflation figures came in below market expectations in March, highlighting the ongoing disinflationary challenges facing the worlds second-largest economy. According to official data released Friday, the...

Politics

Trump Warns Iran Over Strait of Hormuz Toll Fees Amid Fragile Ceasefire

President Donald Trump issued a stern warning to Iran on Thursday, demanding that the country stop charging fees to tankers navigating the Strait of Hormuz. The warning came amid a delicate ceasefire following weeks of...

RFK Jr. Expands CDC Vaccine Advisory Panel's Scope Amid Legal Battles

U.S. Health Secretary Robert F. Kennedy Jr. has signed a new charter for the CDCs Advisory Committee on Immunization Practices (ACIP), broadening the panels focus to include vaccine risks and alleged gaps in vaccine safety...

Epstein Files: Key Figures Named in DOJ Document Release

The U.S. Justice Departments release of millions of internal documents linked to Jeffrey Epstein has exposed connections between the late financier and numerous high-profile individuals across politics, finance, and...

DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions

The U.S. Department of Justice has opened an investigation into the National Football League over potential anticompetitive practices that may be harming consumers, according to a source familiar with the matter. The probe...

Cuba Seeks Dialogue With Trump Administration, Diaz-Canel Says

Cuban President Miguel Diaz-Canel has reached out to the Trump administration, expressing his governments willingness to engage in diplomatic talks but only on equal terms. In an exclusive interview with NBC News anchor...

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

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%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...
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