Nasdaq 100 facing technical and geopolitical crosscurrents

Nasdaq 100 facing technical and geopolitical crosscurrents

THE Nasdaq 100 Index (NDX) enters the final week of June at a decisive technical inflection point, trading near 21,720 after rallying 32 per cent from its April lows. This robust uptrend – anchored by the 20-day Simple Moving Average (SMA) – now faces formidable resistance near the 22,000 to 22,222 zone, a level which…

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Shipping on high alert in Middle East after US strikes on Iran

Shipping on high alert in Middle East after US strikes on Iran

[ATHENS] The shipping industry was placed on high alert on Sunday (Jun 22) with warnings that Tehran could retaliate against commercial vessels following US airstrikes against Iran’s nuclear facilities. Greece, home to more oil-tanker capacity than any other nation, cautioned its ship owners to think again if they are considering entering the Persian Gulf in…

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US dollar gains in early trading as world awaits Iran’s response

US dollar gains in early trading as world awaits Iran’s response

[NEW YORK] The US dollar strengthened in early trading as investors sought havens in a move to shield against mounting geopolitical risks following the US strikes on Iran. The US currency was quoted stronger against the euro and most major foreign-exchange peers as markets opened for the week in Sydney. Traders are forecasting a drop…

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Ukraine showers Trump with praise for strikes on Iran while ex-Russian prez floats giving Tehran nukes

Ukraine showers Trump with praise for strikes on Iran while ex-Russian prez floats giving Tehran nukes

Ukraine’s Foreign Ministry cheered the US strikes against Iran, and backed President Trump’s assertion that Tehran cannot be permitted to obtain nuclear weapons. Meanwhile, former Russian President Dmitry Medvedev blasted the move and starkly warned that “countries are ready to directly supply Iran with their own nuclear warheads,” while chiding that Trump can kiss his…

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What Are B-2 Stealth Bombers? Bunker Busters Used to Strike Iran Nuclear Sites Have Toilets for Pilots, Microwave and a Cooler for Pilot Comfort

What Are B-2 Stealth Bombers? Bunker Busters Used to Strike Iran Nuclear Sites Have Toilets for Pilots, Microwave and a Cooler for Pilot Comfort

The B-2 stealth bombers used in the strike on Iran’s Fordow nuclear facility are equipped with toilets, microwaves, and typically a cooler for snacks, providing added comfort for pilots during the 37-hour round trip from Missouri to Iran. The advanced U.S. bombers — originally built to deliver nuclear weapons to the Soviet Union — took…

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‘FOPO’ is a dangerous habit most people don’t realize they’re partaking in — here’s why experts call it a ‘hidden epidemic’

‘FOPO’ is a dangerous habit most people don’t realize they’re partaking in — here’s why experts call it a ‘hidden epidemic’

There’s fear of missing out, fear of a better option — and now there’s “FOPO,” another stress-inducing acronym that stands for “fear of people’s opinions.” It’s human nature to care about what other people think — but letting this fear control your day-to-day can be an incredibly damaging habit that some experts believe is a…

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First Satellite Images of Fordow Nuclear Site after US Bunker Buster Bombs Strike Show Devastating Damage

First Satellite Images of Fordow Nuclear Site after US Bunker Buster Bombs Strike Show Devastating Damage

The first satellite images from Iran’s Fordow nuclear enrichment site show that a part of the mountain shielding the facility was entirely destroyed by U.S. bunker buster bomb strikes on Saturday. Possible impact points and debris was visible after President Trump’s surprise overnight assault using B-2 stealth bombers, images taken by Maxar Technologies show. Sections…

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Iran Votes to Close Strait of Hormuz that Could Put One-Fifth of World’s Oil Supply at Risk and Trigger Sharp Rise in Global Crude Prices

Iran Votes to Close Strait of Hormuz that Could Put One-Fifth of World’s Oil Supply at Risk and Trigger Sharp Rise in Global Crude Prices

Iran’s parliament has voted to close down the Strait of Hormuz, a crucial maritime route that handles around 20 percent of the world’s daily oil supply, which could halt around $1 billion worth of oil exports each day and could trigger a sharp rise in global oil prices. The decision will be implemented once it…

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