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Currency War Series

Banxico likely to follow Fed for further rate hikes

Jan 27, 2016 23:35 pm UTC| Commentary Central Banks

Mexican economy is likely to boost by service and manufacturing sector. On the other side, construction and mining sector will remain negative for the economy. Recently J.P. Morgan has revised their forecast for the...

Fed Hike Aftermath Series

Dovish Fed keeps its options open

Jan 27, 2016 20:30 pm UTC| Commentary Central Banks

As expected, the Fed expressed concern about the economic outlook due to the recent market turbulence. But it didnt rule out a rate hike in March. The Fed is expected to postpone the next hike from March to June. As...

FOMC takes center stage as market struggles with bellwether earnings reports

Jan 27, 2016 17:25 pm UTC| Commentary Central Banks

The Federal Reserve will wrap up their January meeting this afternoon, releasing a statement at 2 p.m. Despite the fact that the FOMC is widely expected not to increase rates at this time, there are still a number of key...

Currency War Series

BoJ to stay on hold while keeping a close eye on the market and foreign macroeconomic policies

Jan 27, 2016 17:17 pm UTC| Commentary Central Banks

The next BoJ monetary policy meeting is scheduled for 28-29 January. Since the last meeting, the risk scenarios the BoJ previously warned about have already started to materialize, before the upcoming meeting. We expect...

BOJ largely expected to stay on hold, post-Fed volatility may sway debate

Jan 27, 2016 15:36 pm UTC| Commentary Central Banks

Bank of Japan policymakers are optimistic about the improvement in the underlying inflation trend, and are likely to hold back additional monetary easing at their meeting on Friday. Companies in Japan are gradually raising...

RBNZ monetary policy preview

Jan 27, 2016 12:44 pm UTC| Commentary Central Banks

Today Reserve Bank of New Zealand (RBNZ) will announce after meeting monetary policy decisions at 20:00 GMT. Economic condition New Zealands economy overall remained robust throughout the crisis of 2008/09 however...

Fed Hike Aftermath Series

Don’t expect much from FOMC today

Jan 27, 2016 12:40 pm UTC| Commentary Central Banks

What can FOMC do today? - Nothing It is not expected to do anything today and it will do nothing. Dont even expect it to be major market mover. Forget about changing fundamentals. Unless FED is interested in...

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Economy

South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns

South Korea has reaffirmed its commitment to fulfilling key obligations under its trade deal with the United States, pushing back against concerns in Washington that Seoul is dragging its feet on implementation. According...

Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals

Gold prices reversed early gains and moved lower during Asian trading on Thursday, pressured by a strengthening U.S. dollar and reduced demand for safe-haven assets. Investor focus has shifted toward upcoming central bank...

Thailand Inflation Remains Negative for 10th Straight Month in January

Thailands annual headline inflation rate stayed in negative territory for the tenth consecutive month in January, underscoring continued price pressures driven largely by lower energy costs and government measures aimed at...

Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off

Silver prices tumbled sharply during Asian trading on Thursday, leading a broad sell-off across the precious metals market and erasing most of the short-lived rebound seen earlier this week. The steep decline highlighted...

South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks

South Koreas efforts to stabilise its currency are facing a growing domestic challenge as retail investors continue to pour record amounts of money into U.S. stocks, driving strong demand for dollars while the won trades...

Politics

U.S. Announces Additional $6 Million in Humanitarian Aid to Cuba Amid Oil Sanctions and Fuel Shortages

The United States will provide an additional $6 million in humanitarian aid to Cuba, bringing the total U.S. assistance to $9 million since Hurricane Melissa struck the island in October, according to a senior State...

Nighttime Shelling Causes Serious Damage in Russia’s Belgorod Region Near Ukraine Border

Nighttime shelling attributed to Ukrainian forces caused what Russian officials described as serious damage in the city of Belgorod, a regional capital in western Russia located close to the Ukrainian border. The incident...

NATO to Discuss Strengthening Greenland Security Amid Arctic Tensions

NATO defence ministers are expected to discuss new measures to strengthen the security of Greenland at an upcoming meeting in Brussels, according to British Defence Secretary John Healey. The talks come amid renewed focus...

Trump Rejects Putin’s New START Extension Offer, Raising Fears of a New Nuclear Arms Race

U.S. President Donald Trump has rejected an offer from Russian President Vladimir Putin to voluntarily extend limits on strategic nuclear weapons following the expiration of the New START treaty, a landmark arms control...

Marco Rubio Steps Down as Acting U.S. Archivist Amid Federal Law Limits

U.S. Secretary of State and National Security Adviser Marco Rubio is no longer serving as the acting archivist of the United States, according to a statement confirmed Thursday by a spokesperson for the National Archives...

Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

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...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....

Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports

The U.S. government is prepared to allow Chinas ByteDance to purchase Nvidias advanced H200 AI chips, but negotiations remain stalled as Nvidia has not agreed to the proposed conditions governing their use. According to...

Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised

Sony Corp (TYO:6758) reported stronger-than-expected third-quarter earnings, driven by solid performance in its gaming, music, and image sensor businesses. The Japanese conglomerate also raised its full-year forecast,...
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