Author: FX

Investing.com — NVIDIA’s (NASDAQ:) new Blackwell AI chip is said to be having issues with overheating when connected in customized server racks, The Information reported Sunday afternoon. The company is working with suppliers to change the design of the racks to alleviate the overheating issue as anxious customers worry about delays. The AI chip giant has already delayed Blackwell by a quarter due to design flaws that have since been fixed. The new server racks combine 72 Blackwell chips, creating a powerful AI system. Major customers like Microsoft (NASDAQ:), Meta (NASDAQ:), and Elon Musk’s xAI have been eagerly awaiting the…

MANILA (Reuters) – The Philippine central bank announced the launch on Monday of an interest rate swaps market anchored to a newly established benchmark rate to enhance bond market trading and liquidity. The start of IRS transactions follows the recognition by the International Swaps and Derivatives Association of the benchmark – the overnight reference rate (ORR) – which the Bankers Association of the Philippines helped establish. IRS, a fixture of developed fixed-income markets, lets parties manage rate risk or bet on the direction of borrowing costs by exchanging fixed and floating interest rate streams. The ORR, to be based on…

This week our currency strategists focused on the U.K. Employment Report (October 2024) and Australia’s Employment Report (October 2024) for potential high-quality setups. Out of the eight scenario/price outlook discussions this week, two discussions arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay.  Check out our review on those discussions to see what happened! Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan. If you’d…

ROME (Reuters) – Pope Francis has suggested the global community should study whether Israel’s military campaign in Gaza constitutes a genocide of the Palestinian people, in some of his most explicit criticism yet of Israel’s conduct in its year-long war. In excerpts published on Sunday from a new forthcoming book, the pontiff said some international experts say “what is happening in Gaza has the characteristics of a genocide”. “We should investigate carefully to assess whether this fits into the technical definition (of genocide) formulated by international jurists and organizations,” the pope said in the excerpts, published by Italian daily La…

UPCOMING EVENTS:Monday: US NAHB Housing Market Index.Tuesday: RBA Meeting Minutes, Canada CPI, US Housing Starts and Building Permits.Wednesday: PBoC LPR, UK CPI, Eurozone Wage Growth.Thursday: Canada PPI, US Jobless Claims.Friday: Australia/Japan/EU/UK/US Flash PMIs, Japan CPI, UK Retail Sales, Canada Retail Sales.TuesdayThe Canadia CPI Y/Y is expected at 1.9% vs. 1.6% prior, while the M/M figure is seen at 0.3% vs. -0.4% prior. The focus will be on the underlying inflation measures with the Trimmed Mean CPI Y/Y expected at 2.4% vs. 2.4% prior, while the Median CPI Y/Y is seen at 2.4% vs. 2.3% prior. The BoC is now focused…

By Andriy Perun and Dan Peleschuk LVIV, Ukraine (Reuters) – When Russia poured troops into Ukraine nearly three years ago, Yaroslav Simkiv expected a global backlash that would force it to quickly end its full-scale invasion. Since then, the greying trumpeter has provided the aching soundtrack to hundreds of military funeral processions as they have streamed through the cobblestone streets of Lviv. “They can agree on an armistice and all that, but then everything will be left to our children and grandchildren,” said Simkiv, echoing a widespread belief in Ukraine that Russia will continue pressing the country for years to…

JUN LI/iStock via Getty ImagesCalifornia health officials have confirmed the first U.S. mpox case caused by the Clade I variant linked to the ongoing mpox outbreak in Africa. The California Department of Public Health (CDPH) announced Saturday that it detected the Clade I mpox variant in Source link

By Maria Tsvetkova and Steve Holland NEW YORK (Reuters) -President-elect Donald Trump arrived at a heavily guarded Madison Square Garden in New York City on Saturday night to attend an Ultimate Fighting Championship event and celebrate his election victory with many of his supporters. Known by some in the mixed martial arts world as the “Combatant in Chief,” Trump counts UFC President Dana White as a close friend and considers fans of the sport part of his political base. Trump entered the arena to loud music and waved to the crowd, many of whom returned the gesture. Among those joining…

Mon: G20 (Brazil)Tue: NBH Policy Announcement; RBA Minutes (Nov); EZ Indicator of Negotiated Wage Rates (Q3), EZ HICP (Final), US Building Permits/Housing Starts (Oct), Canadian CPI (Oct)Wed: UK CPI (Oct), German PPI (Oct)Thu: CBRT & SARB Policy Announcements; UK PSNB (Oct), US Initial Jobless Claims (w/e 16th Nov), Philadelphia Fed (Nov), Existing Home Sales (Oct), EZ Consumer Confidence Flash (Nov), Japanese CPI (Oct), Australian Flash PMIs (Nov)Fri: UK GfK (Nov), Retail Sales (Oct), EZ, UK & US Flash PMIs (Nov), Canadian Retail Sales (Sep), US Uni. of Michigan Final (Nov)Note: Previews are listed in day-orderRBA Minutes (Tue): The minutes as…

The ever-changing tides of the financial markets can be daunting for new traders. Prices fluctuate wildly, making it challenging to discern genuine trends from fleeting market whims. This is where technical indicators, like the Jurik Moving Average (JMA), come in. The JMA stands out as a revolutionary tool in the MT4 platform, empowering you to navigate market turbulence with confidence. In this comprehensive guide, we’ll delve into the JMA’s world, exploring its functionalities, advantages, and strategic applications within your MT4 trading arsenal. Demystifying Moving Averages Before diving into the JMA’s specifics, let’s establish a common ground. A moving average (MA)…