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Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Mar 25, 2024
Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
Gold IG Client Sentiment: Our data shows traders are now net
Gold IG Client Sentiment: Our data shows traders are now net
Mar 25, 2024
Number of traders net-short has decreased by 16.42% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Gold BEARISH 50.43% 49.57% 11.14% Daily7.51% Weekly 6.18% Daily-16.42% Weekly 8.62% Daily-5.85% Weekly Gold Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 11% 6% 9% Weekly 8% -16% -6%...
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Wall St futures slip as second half of year begins with Mideast worries
Wall St futures slip as second half of year begins with Mideast worries
Jul 1, 2026
July 1 (Reuters) - U.S. stock index futures slipped on Wednesday, kicking off the second half of 2026 cautiously amid fresh doubts over peace in the Middle East, while investors awaited commentary from Federal Reserve Chair Kevin Warsh. Tehran said it would not meet with top U.S. envoys who flew to the region following ​an outbreak of hostilities, suggesting that...
Bitcoin options traders load up on $50,000 puts and gold futures flash a death cross
Bitcoin options traders load up on $50,000 puts and gold futures flash a death cross
Jul 1, 2026
Bitcoin (BTC) rose 0.3% to $58,700 on Wednesday, showing a sliver of strength after spiking down to $57,700, the lowest point since September 2024, shortly after midnight UTC. Ether (ETH) is at $1,580, having also experienced a slight relief bounce since 01:00 UTC. U.S. equity index futures are lower since midnight UTC, with S&P 500 futures and Nasdaq 100 futures...
US STOCKS-Wall St futures slip as US-Iran tensions cloud Middle East peace prospects
US STOCKS-Wall St futures slip as US-Iran tensions cloud Middle East peace prospects
Jul 1, 2026
* Futures down: Dow 0.2%, S&P 500 0.1%, Nasdaq 0.3% * Fed Chair Warsh due to speak at 9 am ET * Shutterstock ( SSTK ) plunges on scrapped Getty Images ( GETY ) merger * Nike ( NKE ) falls as swift turnaround hopes fade (Updates prices) By Niket Nishant and Avinash P July 1 (Reuters) - Wall Street...
Japan's Nikkei extends rally on AI boost, but US-Iran impasse weighs
Japan's Nikkei extends rally on AI boost, but US-Iran impasse weighs
Jul 1, 2026
(Updates with details and closing values) By Satoshi Sugiyama TOKYO, July 1 (Reuters) - Japan's Nikkei share average closed higher for a third consecutive session on Wednesday, supported by AI-related shares, though fresh hurdles in U.S.-Iran peace negotiations and investor caution in a volatile market limited gains. The benchmark Nikkei 225 advanced 0.59% to close at 70,474.96, paring an earlier...
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Microsoft hit with $242 million US verdict in Cortana patent lawsuit
Microsoft hit with $242 million US verdict in Cortana patent lawsuit
May 10, 2024
(Reuters) - Microsoft ( MSFT ) must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that Microsoft's ( MSFT ) Cortana virtual-assistant software infringed an IPA patent. The jury agreed with IPA after a week-long trial that Microsoft's ( MSFT ) voice-recognition technology violates IPA's patent rights in computer-communications software. IPA...
Arm plans to launch AI chips in 2025, Nikkei reports
Arm plans to launch AI chips in 2025, Nikkei reports
May 12, 2024
(Reuters) -SoftBank Group's Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday. UK-based Arm will set up an AI chip division and aim to build a prototype by spring 2025, the report said. Mass production will be handled by contract manufacturers and is expected to start in the...
South Korea prepares support package worth over $7 billion for chip industry
South Korea prepares support package worth over $7 billion for chip industry
May 11, 2024
SEOUL (Reuters) - South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a war in the semiconductor industry. Finance Minister Choi Sang-mok said the government would soon announce details of the package, which targets chip...
Apple Plans On Revamping Siri During AI Reorganization: What's Going On?
Apple Plans On Revamping Siri During AI Reorganization: What's Going On?
May 10, 2024
Apple Inc ( AAPL ) is reportedly revamping Siri after executives Craig Federighi and John Giannandrea tested OpenAI’s ChatGPT, per the The New York Times. The overhaul, driven by concerns over AI’s impact on the smartphone market, marked Apple’s reorganization towards generative AI. Per the newspaper’s report, the new Siri promises improved conversational abilities and is set to debut at...
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Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
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Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
UN adopts first global artificial intelligence resolution
UN adopts first global artificial intelligence resolution
Mar 21, 2024
(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Mar 21, 2024
BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...
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Vitalik Buterin Endorses Celo for Surpassing Tron in Stablecoin Addresses
Vitalik Buterin Endorses Celo for Surpassing Tron in Stablecoin Addresses
Sep 26, 2024
Vitalik Buterin, co-founder of Ethereum, took to social media platform X to commend Celo’s growth. The blockchain network recently outpaced Tron in daily active addresses for stablecoin usage. Celos Growth In his post, Buterin expressed enthusiasm for the achievements, stating: This is amazing to see. Improving worldwide access to basic payments and finance has always been a key way that...
Ripple (XRP) Price Prediction and Outlook for This Week
Ripple (XRP) Price Prediction and Outlook for This Week
Sep 26, 2024
XRPs volatility decreased this week, and the price has been moving sideways. Key Support levels: $0.54 Key Resistance levels: $0.60, $0.68 1. Price Consolidates XRP is consolidating in a flat trend under 60 cents. So far, buyers failed to break this level and turn it into a key support. While momentum remains neutral, bulls could attempt to take this cryptocurrency...
SUI Explodes by 12% Daily, Bitcoin Stopped at $65K Again (Market Watch)
SUI Explodes by 12% Daily, Bitcoin Stopped at $65K Again (Market Watch)
Sep 26, 2024
The bitcoin bulls drove the asset to another monthly high of $64,800, but it ultimately failed to continue upward and has retracted by around a grand. Chainlink has popped as todays top performer from the larger-cap alts, while SUI continues its ascend with another double-digit surge. BTCs Path to $65K Halted Again It was last Wednesday when the primary cryptocurrency...
Crypto
Crypto
Sep 26, 2024
Federal prosecutors have indicted New York City Mayor Eric Adams following corruption investigations that have triggered the retirements and resignations of several members of his administration. Adams, a former police captain, made the headlines in 2021 when he pledged to take his first three paychecks in Bitcoin (BTC) when he became mayor. Charges Remain Unclear According to reports from the...
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