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FxWirePro: Bonds in decline as U.S. economy gathers momentum

Oct 04, 2018 05:47 am UTC| Commentary Central Banks Economy

The U.S. bond market is undergoing a major selloff since yesterday with yields reaching multi-year highs, as the latest batch of strong economic numbers sparked inflation concerns amid the possibility of further rate hikes...

Australian bonds plunge across curve tracking heavy sell-off in U.S. Treasuries; 10-year UST yield surges to 7-year high

Oct 04, 2018 03:53 am UTC| Commentary Economy

Australian government bonds plunged across the curve during Asian session on Thursday tracking a heavy sell-off in the U.S. Treasuries, where 10-year UST yield hits a 7-year high of 3.200 percent. Also, a rise in Aussie...

Cryptocurrency Brief: Bitcoin, altcoins continue to suffer, Ripple on recovery path amid heightened regulations – Wednesday, October 3rd, 2018

Oct 03, 2018 11:52 am UTC| Commentary Economy Digital Currency Market Roundups

BTC/USD: Bitcoin prices remained slightly on the downside during late European session Wednesday, as investors still remain clouded by pessimism for the past few weeks amid earlier decisions by top financial authorities to...

UK gilts slump despite lower-than-expected September services PMI

Oct 03, 2018 10:06 am UTC| Commentary Economy

The United Kingdoms gilts slumped during European session Wednesday after the investors have largely shrugged-off the countrys services PMI for the month of September that missed market expectations, also falling from the...

Monetary Authority of Singapore likely to stand pat at next week’s policy meeting, says OCBC Bank

Oct 03, 2018 09:00 am UTC| Commentary Economy Central Banks

The Monetary Authority of Singapore (MAS) is expected to stand pat at next weeks MPS (Monetary Policy Statement), although the odds only marginally favour this base case scenario, according to the latest research report...

Australia August residential building approvals fall sharply; likely to trend lower on tighter credit conditions

Oct 03, 2018 07:41 am UTC| Commentary Economy

Australias residential building approvals are expected to continue to trend lower in the near term given the tighter credit conditions facing both developers and would-be new home purchasers, according to the latest report...

USD/CNY likely to stay in range of 6.80-6.90 after PBoC commits to attach importance to countercyclical adjustments: Scotiabank

Oct 03, 2018 07:01 am UTC| Commentary Economy

The USD/CNY currency pair is expected to stay in a range of 6.8-6.9 in general as the Peoples Bank of China (PBoC) has committed itself to attaching great importance to countercyclical adjustments, according to the latest...

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Economy

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves

Starting salaries for permanent employees in the UK recorded their strongest increase in nearly a year and a half in January, signaling early signs of stabilization in the British labor market. According to the latest...

Australian Household Spending Dips in December as RBA Tightens Policy

Australian household spending declined in December as consumers eased back after heavy year-end sales activity, but solid sales volumes continued to highlight why the Reserve Bank of Australia (RBA) recently raised...

Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions

Global oil prices opened the week lower, sliding more than 1% on Monday as investor concerns over a potential conflict in the Middle East eased following diplomatic progress between the United States and Iran. The decline...

Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances

Indian refiners are increasingly avoiding purchases of Russian crude oil for delivery in April and potentially beyond, a strategic shift that could support New Delhis efforts to finalize a trade agreement with the United...

Politics

Trump Slams Super Bowl Halftime Show Featuring Bad Bunny

U.S. President Donald Trump sparked fresh controversy after criticizing the Super Bowl halftime show fronted by global music star Bad Bunny, calling the performance absolutely terrible in a social media post shared on...

Bangladesh Election 2026: A Turning Point After Years of Political Suppression

Bangladesh is heading into what many describe as its most competitive national election in more than a decade, marking a dramatic reversal of political fortunes after years of one-party dominance. For 15 years under former...

Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

Ghislaine Maxwell, a longtime associate of the late financier Jeffrey Epstein, plans to refuse to answer questions during a scheduled deposition before the U.S. House Committee on Oversight and Government Reform on Monday,...

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

The administration of U.S. President Donald Trump has filed an appeal challenging a federal court decision that ordered the Transportation Department to unfreeze funding for the $16 billion Hudson Tunnel Project, a major...

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...
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