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NZD/USD rising, yield slip post-Empire data hits USD

Jun 15, 2015 13:07 pm UTC| Technicals

NZD/USD rising as US Treasury yield slip post-Empire data hits USD Near 0.7005/10, gains a bit tempered as AUD/NZD nears 1.1100 Chance of RBNZ cut now above 50%, Wheeler concerned with milk prices Bears lurk, spec...

Loonie shrugs off Canadian Mfg sales miss

Jun 15, 2015 12:57 pm UTC| Technicals

Canadian Mfg sales, -2.1% plus March downward revision, NY Fed Mfg index soft Neither data print likely to impact monetary policy north/south USD/CAD rebounded from Noram low of 1.2335, 48 paid Didnt last long, 34...

USD/CLP rising with 10-DMA 10-DMA by 629.40, weak copper weighs on CLP 

Jun 15, 2015 12:47 pm UTC| Technicals

USD/CLP rises in early NorAm, USD gains as Greek drama lingers Support at 10-DMA (629.40), resistance at 634.90 Jun 11 high Copper off 1.8%, HFs short as China econ growth falls weighs on CLP Divergent rate path with US...

GBP/USD rises to 1.5525, buoyed by NY state mfg miss

Jun 15, 2015 12:42 pm UTC| Technicals

Cable buoyed by worse than expected NY state June mfg index, rises to 1.5525 Offers may emerge around 1.5550 (1.5552 = early Europe high) More offers touted at 1.5580 1.56 (1.5598 was Fridays 3wk high) Poor US data...

USD/JPY rises above 200-HMA at 123.48 , but stocks weigh

Jun 15, 2015 12:37 pm UTC| Technicals

USD/JPY clears 200-HMA at 123.48 in London; had capped rallies last week Grexit risk a small + for JPY, but EUR/JPY still holds 138 support US IP/CU key event today, but trading chastened pre FOMC Wed Offers by Fris...

200DMA props cable slide from 1.5552 

Jun 15, 2015 12:24 pm UTC| Technicals

200DMA helps prop cable slide from 1.5552 (early Europe high) 1.5468 (Friday low) 1.5421 (June 11 low) are additional support levels Fix-related GBP buying flagged as factor in Friday rise from 1.5468 to...

AUD/USD 0.7590/0.7825 range intact for now, long-term looks bearish

Jun 15, 2015 12:20 pm UTC| Technicals

AUD/USD choppy 0.7590/0.7825 range holds, pair buffeted by crosses commodities AUD firm vs. EUR, NZD USD, heavy iron-ore copper keep gains tempered RBA trying to jawbone keeps bulls in check, weigh on...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...
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