Author: FX

(Reuters) – SpaceX plans to launch about five uncrewed Starships to Mars in two years, Chief Executive Officer Elon Musk said in a post on social media platform X on Sunday. “If those all land safely, then crewed missions are possible in four years,” he said, adding that in case of any challenges the crewed missions will be postponed another two years. “No matter what happens with landing success, SpaceX will increase the number of spaceships traveling to Mars exponentially with every transit opportunity,” the SpaceX founder said. Musk mentioned the launch of the uncrewed Starships to Mars earlier this…

This week our currency strategists focused on the Canadian CPI update and the Australian employment update for potential high-quality setups. Out of the four 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 like to follow…

Mon: Market Holiday: Japan (Autumnal Equinox); EZ, UK & US Flash PMIs (Sep), US National Activity Index (Aug)Tue: RBA Policy Announcement; German Ifo (Sep), US Consumer Confidence (Sep), Richmond Fed (Sep)Wed: Riksbank & CNB Policy Announcements; Australian CPI (Aug), US Building Permits Revision (Aug), New Home Sales (Aug), UK CBI Trends (Sep)Thu: SNB & Banxico Policy Announcements, BoJ Minutes (Jul), CBRT Minutes (Sep); German GfK (Aug), Norwegian Labour Force Survey (Aug), Swedish Trade Balance (Aug), EZ M3 (Aug), US Durable Goods (Aug), GDP Final (Q2), PCE Prices Final (Q2), Initial Jobless Claims (w/e 21st Sep)Fri: Japan’s ruling LDP party leadership…

By Andrew Mills DOHA (Reuters) -Israeli forces raided the bureau of media network Al Jazeera in the West Bank city of Ramallah early on Sunday morning, issuing it with a military order to shut down operations, the network and the Israeli military said on Sunday. The Qatar-headquartered channel aired live footage of Israeli troops entering the office with their weapons drawn and handing a military court order to Ramallah bureau chief Walid al-Omari forcing the bureau to close for 45 days. The Israeli military said, in response to a Reuters query, that the channel’s offices had been sealed and its…

Warning: TLSNY is at high risk of cutting its dividend Source link

UPCOMING EVENTS:Monday: Japan on Holiday, Australia/Eurozone/UK/US Flash PMIs.Tuesday: Japan Flash PMI, RBA Policy Decision, German IFO, US Consumer Confidence.Wednesday: Australia Monthly CPI.Thursday: SNB Policy Decision, US Durable Goods Orders, US Q2 Final GDP, US Jobless Claims.Friday: Tokyo CPI, Canada GDP, US PCE.MondayMonday will be the Flash PMIs Day for many major economies with the Eurozone, UK and US PMIs being the main highlights:Eurozone Manufacturing PMI: 45.6 expected vs. 45.8 prior.Eurozone Services PMI: 52.1 expected vs. 52.9 prior.UK Manufacturing PMI: 52.5 expected vs. 52.5 prior.UK Services PMI: 53.5 expected vs. 53.7 prior.US Manufacturing PMI: 48.5 expected vs. 47.9 prior.US Services PMI:…

With less than eight weeks to go until Election Day, the contest between Vice President Kamala Harris and former President Donald Trump remains fiercely competitive.  The race, marked by stark contrasts in policy and style, is centered around seven pivotal swing states.  The results in these states, which have been inundated with advertisements and extensive field operations, will likely determine the next occupant of the White House. One of the foremost concerns among voters and investors alike is the state of the federal budget.  UBS makes it clear that the outcome of this election is unlikely to resolve the ongoing…

By Trevor Hunnicutt and David Brunnstrom CLAYMONT, Delaware (Reuters) -Leaders of Australia, India, Japan and the United States expanded joint security steps in Asia’s trade-rich waters as outgoing U.S. President Joe Biden hosted counterparts from the Quad grouping established due to shared concerns about China. Biden, meeting Japanese Prime Minister Fumio Kishida, Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese near his Delaware hometown on Saturday, stressed the importance of maintaining the Quad, which he sees as a signature foreign policy achievement. He will leave office after the Nov. 5 U.S. presidential election. The leaders announced joint…

The PZ Turtle Trading MT5 Indicator is a technical analysis tool designed to identify potential breakout opportunities within trending markets. It’s based on the legendary Turtle Trading experiment conducted by Richard Dennis and William Eckhardt in the 1980s. Dennis, convinced that successful trading could be taught, recruited a group of individuals with no prior experience and trained them on a specific set of trend-following rules. The experiment’s success story continues to inspire traders today. The PZ Turtle Trading MT5 Indicator embodies the core principles of the Turtle Trading system, making it accessible to modern traders using the MetaTrader 5 platform.…

The Choppiness Index, pioneered by Bill Dreiss, is instrumental in assessing market conditions by quantifying choppiness on a scale from 0 to 100. High CHOP readings denote turbulent, directionless markets, while lower readings signal smoother, trend-friendly conditions. This critical insight enables traders to sidestep erratic market phases and concentrate on opportunities ripe with clear trend signals, thereby enhancing the precision of their trading decisions. Paired with the Arrow Buy Sell strategy, which harnesses the power of technical analysis, traders gain a structured methodology to identify optimal entry and exit points based on price movements and indicator crossovers. By integrating these…