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NZD/USD pierces Sep '10 low, long-term bear trend intact

Jun 11, 2015 13:24 pm UTC| Technicals

NZD/USD long-term bear trend intact, diverging CB views to weigh despite short-term bounce Pair pierces Sep 10 low, Aug 10 low (0.6947) next bear hurdle Stops likely below, once run July May 10 lows then...

Retail Sales beat sent USD/JPY thru 123.80 hurdles; curve flattens

Jun 11, 2015 13:20 pm UTC| Technicals

USD/JPY rises briefly on US core Retail Sales beat revision upwards Thru 123.80 hurdles, Treasury curve flattening response limits rise as bond yields fall; 123.16 Tenkan resistance Focus should shift back to 2-yr...

EUR/USD 10-DMA in play after solid retails sales

Jun 11, 2015 12:54 pm UTC| Technicals

EUR/USD dives, bounce seen as claim a bit higher than forecast Pair falls further from trend-line off May high daily RSI biased down USD UST yields lift on sales beat, DE-US spreads further in USDs favor Choppy...

USD/BRL flirts with 61.8% Fib resistance by 3.1600

Jun 11, 2015 12:25 pm UTC| Technicals

USD/BRL ratchets higher in early NY, as BCB removes some BRL support, daily swaps cut to 6300 from 7000 contracts Pair blasts above 10-DMA (3.1380) resistance, flirts with 61.8% Fib res by 3.1600 Upper 21-d Bolli at...

AUD/USD is struggling to break 200 day 4 HMA, good to buy at dips

Jun 11, 2015 11:55 am UTC| Technicals

RES 4: 0.7930 (May 22nd high) RES 3: 0.7846 (200 day 4 HMA) RES 4: 0.7820 (Jun 3rd 2015) RES 3: 0.7780 PRICE: 0.7725 @ 11:53 GMT SUP 1: 0.7737 (20 day 4 H EMA) SUP 2:0.7690 (55 day 4 H...

EUR/GBP breaks short term trend line support at 0.7315, decline till 0.7165 is possible

Jun 11, 2015 11:39 am UTC| Technicals

RES 3 0.7480 (May 7th High) RES 2 : 0.7438 (88.6% retracement of 0.7482 and 0.7545) RES 1: 0.7380 (Support turned into resistance) RES 1: 0.7322 (20 day 4HMA) PRICE: 0.7278 @11:37 GMT SUP 1:...

GBP/USD trades below 200 day MA ahead of US Retail sales data, good to sell on rallies

Jun 11, 2015 11:28 am UTC| Technicals

RES 4 : 1.5700 RES 3: 1.5630 (Support turned into resistance) RES 2: 1. 5506 (200 day MA) RES 1: 1.54925 (50 % retracement of 1.4564 and 1.5813) PRICE: 1.5472@ 11:24 GMT SUP 1 :1.5443 (20 day MA) SUP...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

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Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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