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USD/SGD sideways, waits for CPI, budget

Feb 23, 2015 03:28 am UTC| Technicals

USD/SGD trades sideways around 1.3600 so far Overall interests thin, mainly commercial related Markets wait for Jan CPI (0500GMT) and budget at 0730GMT Jan CPI forecast at -0.30%y/y vs -0.20%y/y...

USD/INR should continue 62.00-30 range

Feb 23, 2015 02:38 am UTC| Technicals

USD/INR to open around 62.13, should remain in 62.00-30 range Intervention fears support, month end oilers demand further strengthens RBI intact on accumulating FX reserves, up bln in previous 3 weeks INR...

Eurogroup Dijsselbloem's comments lift EUR broadly

Feb 20, 2015 16:19 pm UTC| Technicals

Source: Thomson Reuters EUR/USD Trend-Line off Jan low, EGs Dijsselbloem reason for optimism" comments lift EUR broadly 10 21-DMAs see test from downside as market whipped about Short-Term stops above 1.1340 ...

NZD/USD rally might be out of gas, recent longs might exit soon

Feb 20, 2015 16:04 pm UTC| Technicals

Source: Thomson Reuters Rally off Feb low might be out of gas, short-term uptrend threatened Falling 55-DMA weighs daily RSI rolls over as 0.7575/85 resistance holds 0.7480/85 is short-term support, beyond that...

EUR/DKK surges above 7.46, biggest intraday move since EUR intro

Feb 20, 2015 14:20 pm UTC| Technicals

EUR/DKK shoots above 7.46, intraday move biggest since EUR intro Break above 7.4540/50 appears to trigger hefty stops EUR/DKK above parity rate of 7.46038 for first time since pressures built Traders likely going...

USD/JPY tracks Treasury yields lower, 118.40/10 pivots

Feb 20, 2015 14:10 pm UTC| Technicals

USD/JPY follows Treasury yields lower Bids by the daily pivot point 21-DMA at 118.40-42 limiting slide N225 futures near session lows as Troika-Greek deal yet to be reached Risk-Reversals see put bias increase as...

Ongoing Greece concerns keep EUR heavy

Feb 20, 2015 13:50 pm UTC| Technicals

Source: Thomson Reuters Techs bearish EUR/USD on continuing Greece worries, EUR heavy across the board EUR/USD off Januarys low, below 10 21-DMAs TrendLine Key short-term support at ~1.1260/70 eyed, break opens...

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Economy

Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets

Asian technology and chipmaking stocks fell sharply on Monday as investor caution intensified over growing uncertainties surrounding artificial intelligence (AI) spending and its impact on future earnings. The sell-off...

China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand

Chinas economic momentum showed further signs of strain in November as key indicators pointed to slower growth in industrial output and a sharper-than-expected slowdown in consumer spending, according to official data...

Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns

Oil prices edged higher on Monday, recovering part of last weeks sharp decline, as rising geopolitical tensions between the United States and Venezuela fueled concerns over potential supply disruptions. These worries...

Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks

The U.S. dollar remained under pressure on Monday, extending losses near a two-month low, while the euro and British pound held relatively steady as investors awaited a series of critical central bank decisions this week....

Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious

Asian stock markets opened the week lower as investors reduced risk exposure amid thin year-end liquidity, looming central bank decisions, and a packed schedule of delayed economic data releases. Early Monday trading saw...

Politics

Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip

U.S. President Donald Trump has filed a major defamation lawsuit against the British Broadcasting Corporation (BBC), accusing the publicly funded broadcaster of misleading editing that falsely portrayed him as inciting...

Lukashenko Says Maduro Welcome in Belarus Amid Rising U.S.-Venezuela Tensions

Belarusian President Alexander Lukashenko has said that Venezuelan President Nicolas Maduro would be welcome to seek refuge in Belarus if he ever chose to leave office, although he stressed that no such discussions have...

U.S. Suspends UK Technology Deal Amid Trade Disputes Under Trump Administration

The United States has suspended a major technology partnership with the United Kingdom that was designed to strengthen cooperation in artificial intelligence, quantum computing, and civil nuclear energy, according to a...

U.S. Offers NATO-Style Security Guarantees to Ukraine as Peace Talks Show Progress

The United States has offered Ukraine NATO-style security guarantees as negotiations involving U.S., European, and Ukrainian officials showed signs of progress toward ending Russias war in Ukraine. Talks held in Berlin...

Special Prosecutor Alleges Yoon Suk Yeol Sought North Korea Provocation to Justify Martial Law

A South Korean special prosecutor has accused former President Yoon Suk Yeol of attempting to provoke North Korea into an armed confrontation as part of an alleged plot to justify the declaration of martial law in December...

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

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...
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