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USD/CLP pares gains, rallies near kijun resistance by 616.90

May 04, 2015 14:14 pm UTC| Technicals

USD/CLP pares early NY gains, edges lower from highs by 616.33, US yields lower BCCh expected to hike with US, Copper eyes Fib res by 2.9640 CLP positive USD/CLP resistance at daily kijun line at 616.86, 620.18 daily...

EUR/USD intra-day lift stalls near hourly resistance

May 04, 2015 14:06 pm UTC| Technicals

Intra-day lift stalls near hourly resistance, bears emerge as lift repelled Market might be in sell rally mode, >1.1225 eases short-term bear pressure Fridays rejection ~76.4 Fib of 1.11534-1.0463 sees bear follow...

Overbought dailies drag GBP/JPY down to Tenkan

May 04, 2015 13:42 pm UTC| Technicals

Hugely overbought dailies drag GBP/JPY down to Tenkan prior down TrendLine by 181.41 low Bounces looks suspect a fade as heavily overbought sell signals abound If Tenkan TrendLine are closed below, 50% Fibo Kijun at...

USD/JPY offers into 120.30 cap by Fri's 120.29 high

May 04, 2015 13:09 pm UTC| Technicals

USD/JPY offers into 120.30 cap to start NorAm day amid London Japan holidays Minor retracement hourly Hi/Lo supports at 119.86-90 119.60 Decent support into 120 the Cloud top at 120.03, but Treasury yields are...

AUD/USD pierced 50% Fib of 0.7534-0.8077 again

May 04, 2015 12:58 pm UTC| Technicals

AUD/USD pierced 50% Fib of 0.7534-0.8077 again overnight, cant hold Long lower wick on todays candle, suggests bulls put up a fight Bears frustrated pre-RBA (>75% chance of cut priced), resistance at ~0.7850 ...

USD/MXN edges lower, eyes daily pivot support by 15.5000

May 04, 2015 12:43 pm UTC| Technicals

USD/MXN slightly lower in early NY, slight unwind of intra-LatAm trades LatAm peers BRL-Chile weak, play catchup after Fridays holiday USD/MXN support at 10-HMA at 15.5400, 15.5002 daily pivot Resistance at 15.5805/33...

EUR/JPY price reverts to upper Bolli

May 04, 2015 12:37 pm UTC| Technicals

Dip buy filled at 133.90 as price reverts to upper Bolli Pair looking for a rally to 134.95; shy of Fris 135.29 high Stop is below todays low and intraday support last week by 133.65-70 Scope for one more rise toward...

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Economy

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

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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...

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

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

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

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%...
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