The spooky mortgage risk signs our bankers are ignoring
Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting...
Asian markets continue to trade higher, gold slightly up
All the major Asian indices were trading on a higher note on last trading day of the week. Gold was trading around $1,295 mark while silver was trading around $17.23 mark.
Japans Nikkei was trading 1.15 percent higher...
JGBs flat in silent trading day; investors await August industrial production
The Japanese government bonds remained flat in silent trading session Friday as investors remained sidelined in any major trading activity amid lack of significant economic data. Also, investors are looking forward to the...
Australian bonds rally after RBA remain cautious on rising household debt in October Financial Stability Report
The Australian bonds rallied on the last trading day of the week Friday after the Reserve Bank of Australia (RBA) struck a cautious tone over the countrys rising household debt in its Financial Stability Report for the...
API reports build while the market awaits EIA report
Both Brent and WTI is facing selling pressure as OPEC output increases. Brent is trading at $56.4 per barrel and WTI at $5.8 per barrel discount.
Key factors at play in crude oil market
OPEC chief called on...
Sniffing a Peg-break Series: Saudi Arabia might have to loosen its dollar peg
Saudi Arabia Has maintained a dollar peg since 1986 at 3.75 Saudi Riyal for every dollar.
But is that going to change?
The oil price crash of 2014 and its continuation has so far caused havoc for the Saudi economy...
U.S. Treasuries gain ahead of 30-year auction, FOMC members’ speeches
The U.S. Treasuries remained tad higher Thursday as investors wait to watch a host of speeches by Federal Open Market Committee (FOMC) members through the day. Members Brainard and Powell are scheduled to speak today by...
Catalonia Crisis: Five-day ultimatum unlikely to solve gridlock between Puigdemont and Rajoy
After having a consultation with the Cabinet, Spanish Prime Minister Mariano Rajoy issued a five-day deadline to the Catalan Independence leader Carles Puigdemont on Wednesday to clarify his position on Independence. It...
Oil in Global Economy Series: U.S. oil exports now beat majority of OPEC members
The crude oil exports from the United States are quickly becoming a key influencing factor in the global oil market, which even after more than three years of price decline remains oversupplied. According to data from the...
UK gilts gain momentum following scant progress in fifth round of Brexit talks
The UK gilts gained momentum Thursday as investors poured into safe-haven assets, following timid progress over the fifth round of Brexit negotiations that cast a shadow over the fate of the British economy.
Taiwan’s export sector likely to receive support in near-term on rising demand for iPhone, says DBS Group Research
Taiwans export sector is expected to receive support in the near-term on rising demand in the iPhone supply chains and synchronous recovery across the major markets. From the technical perspective, exports growth should...
Oil in Global Economy Series: Non-OPEC supplies expected to grow in 2017 and 2018
According to OPECs monthly oil market report, published this week, the oil supplies from major non-OPEC producers who are not part of the current supply-reduction agreement joined by non-OPEC countries like Russia are set...
Digital Currency Revolution
Cryptocurrency exchange OKEx adds support for USDT
OKEx, a digital asset trading platform, has announced the support for Tether (USDT) trading.
【OKEx Launch USDT - Free USDT Zero Fee】OKEx Announces Support for Tether (USDT). Users can now trade BTC/USDT and...
#LstTxt&Tstmnt: an unsent text message can count as a will, in the right circumstances
By Brendan Gogarty -
The unsent text message read:
Dave Nic you and Jack keep all that I have house and superannuation, put my ashes in the back garden with Trish Julie will take her stuff only shes ok gone back to her ex AGAIN Im beaten...
Japan And US To Go To War, Giant Robot Battles Eminent
The dreams of many nerds and science fiction fans are about to come true in a few days. A battle between giant robots is scheduled to be streamed on October 17th via Twitch. The competitors are teams from the US and Japan,...
US under Trump Series
Why Trump's executive order may compound the health insurance industry's problems
By J.B. Silvers -
Insights & Views
President Donald Trump has issued the first of what promises to be a series of health insurance executive orders aimed at dismantling the Affordable Care Act.
It instructs the government to essentially exempt small...
Sony’s $1,700 Touchscreen Projector Is A Good Idea, But Underwhelming
Sony just announced that its Xperia Touch projector is now available for purchase via Amazon. At $1,699.99, the device is not exactly cheap. Then again, it is a projector that can turn any surface into a touchscreen, which...
Google Is Out To Destroy Amazon, Builds Alliance With Retailers
At this point, its safe to say that Amazon has absolutely transformed the modern retail industry and shopping habits. Thats why so many traditional brick and mortar stores have been forced to close up shop or get bought by...
Russia Used Pokémon Go To Spread Hate During 2016 Elections
The matter of the Russian election tampering has just gotten a little more insidious thanks to news that Kremlin-backed efforts to interfere with US democracy involved Pokémon Go. The massively popular smartphone...
Changes to lure young people into private health insurance won't slow increase in premiums
By Stephen Duckett -
Insights & Views
Australians will be able to choose lower premiums for higher excess, and insurers required to more clearly categorise their policies, under the federal governments shake up of private health insurance announced...
T-Mobile Bug Caused Massive Customer Data Exposure, Millions At Risk
A new development that is likely to slow down T-Mobiles rise to the top of the ISP ladder is the news that its website was regularly getting breached due to a bug. As a result, customer data was exposed, which could have...
Mark Zuckerberg Wants 1 Billion People To Use VR, Trolling To Be Blocked
During the recent Oculus Connect event, Facebook founder Mark Zuckerberg announced that he wants one billion people to use virtual reality. While he didnt provide specifics on when he would like this to happen, its safe to...