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FOMC likely to hike target range by 25 bps to 1.75-2.00 pct next week, no big changes seen in the dot plot: Danske Bank

Jun 08, 2018 07:35 am UTC| Commentary Central Banks Economy

The Federal Open Market Committee (FOMC) is expected to hike the target range by 25bp to 1.75-2.00 percent at its monetary policy meeting next week without making any big changes to the dot plot. The Fed is set to...

TWD likely to consolidate, pare some of recent gains should risk aversion resurface: Scotiabank

Jun 08, 2018 06:19 am UTC| Commentary Economy

The Taiwanese dollar is expected to consolidate and then pare some of its recent gains should risk aversion resurface, according to the latest report from Scotiabank. The ECB to debate QE exit will see EUR/USD heading for...

TWD likely to consolidate, pare some of recent gains should risk aversion resurface: Scotiabank

Jun 08, 2018 06:19 am UTC| Commentary Economy

The Taiwanese dollar is expected to consolidate and then pare some of its recent gains should risk aversion resurface, according to the latest report from Scotiabank. The ECB to debate QE exit will see EUR/USD heading for...

Global Geopolitical Series: Trump lashes at G7 criticisms ahead of meeting

Jun 08, 2018 05:36 am UTC| Commentary Economy

President Trump took to Twitter to respond to the recent criticism from G7 leaders with regard to the United States trade policy under the Trump administration, which has been vocal against United States trade deficit with...

JGBs gain slightly after Q1 2018 final GDP data disappoints market participants

Jun 08, 2018 05:24 am UTC| Commentary Economy

Japanese government bonds gained slightly during late Asian session Friday after the countrys first quarter 2018 final gross domestic product (GDP) data, released early today disappointed market participants, also...

Australian bonds jump on short-covering on last trading day ahead of long weekend

Jun 08, 2018 03:48 am UTC| Commentary Economy

Australian government bonds jumped on the last trading day of the week Friday as investors covered previous short positions ahead of the long weekend in the country, with markets being closed on Monday on account of Queens...

Euro area consumption growth accelerated in Q1, investment unlikely to accelerate

Jun 07, 2018 20:34 pm UTC| Commentary Economy

Euro areas first quarter GDP growths final reading fully aligned with the prior estimates of 0.4 percent sequentially, which represented a notable loss of momentum from the rate of 0.7 percent from the fourth quarter of...

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Economy

China Signals Subtle Treasury Pullback: Banks Urged to Ease US Debt Exposure

Dual signals for dollar and crypto: Saylor loads up BTC while China gently pulls off treasuries. Strategy (formerly MicroStrategy) under Michael Saylor bought 1,142 BTC for around $90 million at an average price of...

China Signals Quiet Treasury Trim: Banks Told to Ease Up on US Debt

Citing concentration concerns and increased volatility in the US debt market, Chinese regulators quietly urged major commercial banks on February 9, 2026, to cut fresh purchases of US Treasuries and slowly lower current...

The “Takaichi Trade”: How Japan’s First Female PM Is Shaping the Yen

Having assumed office late in 2025 after Shigeru Ishiba quit, Sanae Takaichi has concentrated power with a landslide Liberal Democratic Party victory and a supermajority in the snap election set for February 2026. Having...

How the US–India tariff truce boosts major Indian industries, Surat to Pharma

With zero-duty treatment for flagship products including gems and diamonds, generic drugs, and certain aircraft parts, the new USIndia interim trade agreement reduces US tariffs on Indian products from roughly 25% (close...

Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens

A major Australian pension fund is ramping up its currency hedging strategy as expectations grow that the Australian dollar is undervalued and poised to strengthen further. HESTA, one of Australias largest superannuation...

Politics

Trump Set to Visit Beijing for High-Stakes Talks With Xi Jinping

U.S. President Donald Trump is expected to travel to Beijing during the first week of April for a meeting with Chinese President Xi Jinping, according to a report by Politico citing three people familiar with the plans....

NATO Command Reshuffle Signals Shift Toward Greater European Military Leadership

The United States is preparing to transfer leadership of two major NATO command posts to European officers, marking a significant shift in the alliances military structure and reflecting growing calls for Europe to take...

China Overturns Death Sentence of Canadian Robert Schellenberg, Signaling Thaw in Canada-China Relations

Chinas top court has overturned the death sentence of Canadian national Robert Schellenberg, a major development in a long-running drug smuggling case that has strained diplomatic relations between Canada and China for...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...

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...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

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...

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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