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GBP/USD elicited support at 1.4886, UK data Friday

Apr 16, 2015 15:36 pm UTC| Technicals

GBP/USD 1.4886 flips to support after retreating from 1.4942 Stops above 1.4886 (Apr 9 high) were tripped during London am 1.4813 was early Europe low, before squeeze on shorts to 8-day high Key resistance at 1.50...

USD/MXN lifted off session lows, Philly Fed & Fischer boost USD

Apr 16, 2015 15:03 pm UTC| Technicals

Source: Thomson Reuters USD//MXN lifted off session lows, rises to 15.28 after Philly Fed release Employment gains tempered by weak prices paid new orders UST yields rise, Feds Fischer hopes market takes into...

USD/CHF breaches 100 DMA at 0.9604

Apr 16, 2015 13:44 pm UTC| Technicals

Source: Thomson Reuters USD/CHF has retreated from earlier 0.9710 recovery highs Pair breached the 100 DMA at 0.9604 by 2 pips Just below market is the Apr 8 low at 0.9599 Pair looking for a dip towards the 200 DMA...

Soft US data lifts NZD/USD, key 0.7700/15 resistance in play

Apr 16, 2015 13:29 pm UTC| Technicals

Source: Thomson Reuters NZD/USD buoyed by recent string of soft US data, bond yields heavy also aids lift Pair working through daily highs from March, break of key 0.7700/15 zone solidifies recent rally RSIs across...

USD/CLP holds below 10-DMA (613.53), rising copper weighs

Apr 16, 2015 13:24 pm UTC| Technicals

Source: Thomson Reuters USD/CLP weak as copper rises US yields fall, holds below 10-DMA (613.53) Supports near 609.70 Apr 9 low and then 607.92 Apr 6 low, resistance at 614.35 daily pivot Chile rate decision after...

USD/JPY steady despite soft US data

Apr 16, 2015 13:04 pm UTC| Technicals

Source: Thomson Reuters UST yields USD down after poor Housing/Claims, claims above forecast, but still below 300K USD/JPY stoic initial reaction, but unlikely to last, offers 119.50/75-82 Hourly Tenkan Kijun cap...

EUR/USD 1.0775/95 resistance in play after soft US data

Apr 16, 2015 12:53 pm UTC| Technicals

Source: Thomson Reuters US yields USD lower after another round of softer US data EUR/USD in 1.0775/95 resistance zone as UST-bund yield spreads narrow 50% Fib of 1.1036-1.0521,Apr 9 high, 21-DMA sit there RSI...

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Economy

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Politics

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...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

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

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...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...
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