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Commodities
TECHNICALS-CBOT soybeans poised to break support zone of $10.20-1/2 to $10.22
For more technical analyses, please click SINGAPORE, Feb 18 (Reuters) - The CBOT soybean March contract SH25 is poised to break support zone of $10.20-1/2 to $10.22 per bushel, and fall towards $10.08-1/4.The bounce triggered by the zone is believed to have ended around resistance at $10.44-1/4. It ...Reuters
Tue, Feb 18
Cryptocurrencies
Bitcoin Presents A ‘Generational Opportunity’ As Global Turmoil Intensifies, Says Bitwise Executive
In a post on X published yesterday, Jeff Park, Head of Alpha Strategies at Bitwise, stated that Bitcoin (BTC) currently presents a “generational opportunity” amid intensifying global macroeconomic turmoil. Park pointed to factors such as US President Donald Trump’s proposed trade tariffs, concerns o...NewsBTC
Tue, Feb 18
Stocks
BUZZ-India's Max Healthcare gains after UBS upgrades to 'buy'
** Shares of India's Max Healthcare Institute MAXE.NS jump as much as 3.2% to 1,047 rupees; last up 1%** UBS upgrades hospitals operator to "buy" from "neutral", hikes PT to 1,200 rupees from 610 rupees ** Brokerage calls MAXE a "well-oiled machine" and says it stands out...Reuters
Tue, Feb 18
Stocks
BREAKINGVIEWS-Beware of Chinese stocks AI siren song
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Robyn Mak HONG KONG, Feb 18 (Reuters Breakingviews) - Chinese stocks look dangerously alluring. President Xi Jinping's meeting with technology tycoons on Monday capped a rally for some of the country's ...Reuters
Tue, Feb 18
Stocks
BUZZ-ABB India gains after strong Q4 results
** Shares of ABB India ABB.NS climb 3.9% to 5,447.6 rupees; on track to snap three-session losing streak ** Engineering solutions firm's Q4 profit jumped ~56% y/y on strong demand in its electrification and motion businesses** The segments contribute 78% of total rev, which grew 22% y/y ** Co al...Reuters
Tue, Feb 18
Forex
FOREX-Dollar steady, Aussie wobbles after RBA cuts as expected
Aussie choppy after RBA cuts rates as expected Dollar wavers near two-month lows amid tariff worriesEuro, sterling steady as focus on Ukraine peace talks Yen stands tall on rising odds of BOJ hikes this yearUpdates with RBA policy decision in paragraph 2, analyst comment in paragraphs 4-5By Ankur Ba...Reuters
Tue, Feb 18
Forex
Australia dollar holds ground as RBA delivers 'hawkish' rate cut
RBA cuts interest rates, signals gradual easingAnalysts see shallow easing cycle, terminal rate at 3.60%Aussie dollar rebounds from 5-year low amid tariff delaysBy Wayne ColeSYDNEY, Feb 18 (Reuters) - The Australian dollar held its ground on Tuesday after the country's central bank delivered the...Reuters
Tue, Feb 18
Cryptocurrencies
XRP Price Pulls Back From Highs—Are Bulls Still in Control?
XRP price is consolidating gains above the $2.60 zone. The price must clear the $2.720 resistance to start a fresh increase in the near term. XRP price started a decent upward move above the $2.60 zone. The price is now trading below $2.70 and the 100-hourly Simple Moving Average. There was a break ...NewsBTC
Tue, Feb 18
Stocks
GLOBAL MARKETS-European shares eye record highs on Ukraine peace hopes
China stocks rise; Australia cuts ratesEuropean futures at record highsInvestors wait on U.S-Russia talksUpdates to Asia morningBy Nell Mackenzie and Tom Westbrook LONDON/SINGAPORE, Feb 18 (Reuters) - European futures hit record peaks on Tuesday as defence stocks soared on expectations of a spend...Reuters
Tue, Feb 18
Other
BRIEF-Zaggle Prepaid Ocean Services Enters Agreement With Redington
Feb 18 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH REDINGTONZAGGLE PREPAID OCEAN SERVICES LTD - GOOGLE TO PARTNER WITH ZAGGLE VIA REDINGTONZAGGLE PREPAID OCEAN SERVICES LTD - CONTRACT TO BE EXECUTED OVER 5 YEARSZAGGLE PREPAID OCEAN ...Reuters
Tue, Feb 18
Forex
AUD/NZD rallies to 1.1130 area, closer to multi-month top after RBA’s 25 bps rate cut
The AUD/NZD cross stages a goodish rebound from over a one-week low, around the 1.1075 region touched during the Asian session on Tuesday, and gains follow-through traction after the Reserve Bank of Australia (RBA) announced its policy decision.
Fxstreet
Tue, Feb 18
Commodities
GRAINS-Wheat eases from 4-month highs on US dollar strength
CANBERRA, Feb 18 (Reuters) - Chicago wheat futures fell on Tuesday as the U.S. dollar strengthened, but prices remained near Friday's four-month high as cold weather threatened crops in the Black Sea and U.S. Plains regions.Corn and soy futures also slipped.FUNDAMENTALS* The most-active wheat co...Reuters
Tue, Feb 18
Forex
Australia's central bank cuts cash rate to 4.10%
SYDNEY, Feb 18 (Reuters) - Australia's central bank cut interest rates on Tuesday for the first time since the depths of the 2020 pandemic, saying progress had been made on inflation though it was still cautious about the outlook.Wrapping up its February policy meeting, the Reserve Bank of Austr...Reuters
Tue, Feb 18
Cryptocurrencies
Ethereum Price Defies The Trend—Beating Bitcoin in Recent Gains
Ethereum price is showing positive signs above the $2,650 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is holding gains and aiming for more gains. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a connecting bullish ...NewsBTC
Tue, Feb 18
