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Currency snapshot (commodity pairs)

Mar 09, 2018 14:27 pm UTC| Commentary

Dollar index trading at 90.20 (+0.09%) Strength meter (today so far) Aussie +0.47%, Kiwi +0.36%, Loonie +0.44% Strength meter (since last week) Aussie +1.12%, Kiwi +0.75%, Loonie +0.23% AUD/USD Trading at...

Currency snapshot (major pairs)

Mar 09, 2018 14:18 pm UTC| Commentary

Dollar index trading at 90.22 (+0.11%) Strength meter (today so far) Euro -0.08%, Franc +0.11%, Yen -0.41%, GBP +0.26% Strength meter (since last week) Euro -0.11%, Franc -1.40%, Yen -1.09%, GBP +0.36% EUR/USD...

Global Geopolitical Series: Arab league seeks to prevent Israel’s UN Security Council seat

Mar 09, 2018 14:17 pm UTC| Commentary

Israel is set to gain a rotating seat on the UN Security Council in 2019, however, Arab league has confirmed that they dont want to see that happening. During a joint press conference with Ahmed Al-Qattan, state minister...

Norwegian core inflation accelerates in February, Norges Bank likely to hike interest rate in September

Mar 09, 2018 14:06 pm UTC| Commentary

Norwegian core inflation accelerated in the month of February. Core rate rose to 1.4 percent year-on-year from Januarys 1.1 percent. This is above consensus expectations of 1.3 percent, whereas it was below central banks...

German industrial production falls in January

Mar 09, 2018 13:52 pm UTC| Commentary

German industrial production dropped sharply in the month of January on a sequential basis. The beginning of the new year for German manufacturing has not been an entire failure. Although order intake dropped sharply,...

Global Geopolitical Series: Mark your calendars on April 30th for first Palestine leadership meeting in a decade

Mar 09, 2018 13:36 pm UTC| Commentary

Mark your calendars on April 30th, as the decision was taken on that day by the chief Palestine legislative body might prove pivotal for the peace between the Israelis and the Palestinians. The chief Palestinian...

Global Geopolitical Series: EU warns Trump against cherry picking EU countries for tariff exemptions

Mar 09, 2018 13:20 pm UTC| Commentary

Defying global pressure from both foes and allies alike, and the threats of trade wars, President Trump signed much-anticipated trade tariffs into law, imposing 25 percent tariffs on Steel imports and 10 percent tariffs on...

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Economy

Gold Rebounds as Oil Falls and Treasury Rout Eases

Gold prices rebounded Tuesday as falling oil prices and easing pressure in the U.S. Treasury market helped the precious metal overcome a stronger dollar. Spot gold climbed 1.6% to settle at $4,182.45 an ounce, while U.S....

RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise

The Reserve Bank of Australia raised interest rates by 25 basis points on Tuesday, taking borrowing costs to their highest level in nearly 15 years as policymakers respond to persistent inflation and rising energy prices....

Asian Stocks Fall as Bond Yields and Oil Prices Surge

Asian stock markets fell broadly on Tuesday as surging U.S. Treasury yields, elevated oil prices and renewed pressure on technology shares dampened investor sentiment. Markets also awaited the Reserve Bank of Australias...

Asian Currencies Mixed as Yen Weakens, RBA Hike Looms

Asian currencies traded mixed on Tuesday, with the Japanese yen weakening toward recent lows as investors weighed intervention risks and the Bank of Japans policy outlook. The U.S. dollar remained near a two-month high,...

Gold Holds Near Seven-Week Low as Fed Rate Hike Bets Rise

Gold prices stabilized near a seven-week low on Tuesday after plunging 4% in the previous session, as elevated oil prices, rising U.S. Treasury yields and expectations for further Federal Reserve rate hikes continued to...

Politics

Polymarket Traders Bet on Trump AI Rename to ‘Super Intelligence’

Polymarket traders are betting on whether President Donald Trump will formally rename artificial intelligence as super intelligence, after he publicly called for the terminology change and federal officials began adopting...

Tim Scott Blames Democrats as CLARITY Act Stalls in Senate

Senate Banking Committee Chairman Tim Scott criticized Democrats after the U.S. Senate failed to advance the CLARITY Act, arguing the stalled crypto legislation represented a missed opportunity to establish clearer rules...

White House Blames Democrats as CLARITY Act Stalls

The White House and Republican Senator Cynthia Lummis have blamed Senate Democrats for the CLARITY Acts failure to advance, escalating partisan tensions over landmark U.S. cryptocurrency legislation. The Senate voted 49-50...

US Troops Set to Complete Iraq Withdrawal as Iran Influence Grows

US forces are expected to withdraw from their remaining bases in Iraq by Wednesday, completing a departure agreed in 2024 and raising concerns over Irans expanding influence and the potential resurgence of Islamic State....

Malaysia Begins Deportation of 1,500 Myanmar Nationals

Malaysia began deporting about 1,500 Myanmar nationals on Tuesday under a repatriation programme that has drawn objections from the United Nations and human rights organisations over safety concerns in conflict-hit...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

BlackRock Sees AI Agents Fueling New Crypto Demand

BlackRock says the rapid growth of artificial intelligence could create a new source of demand for cryptocurrencies as autonomous AI agents increasingly need payment systems designed for machines. In its research paper,...

Anthropic Targets $2 Trillion Valuation in Planned IPO

Anthropic is preparing for a highly anticipated initial public offering that could value the artificial intelligence company at more than $2 trillion, putting investor enthusiasm for the booming AI sector and its massive...

Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure

Samsung Electronics and five affiliates are investing a combined $1 billion in Helix Digital Infrastructure, a new artificial intelligence infrastructure company backed by investment firm KKR, as Samsung expands deeper...

CSL Partners With AWS to Bring AI Into Drug Research

CSL has entered into a partnership with Amazon Web Services (AWS) to integrate artificial intelligence and cloud computing across its research and clinical development operations, aiming to accelerate drug discovery and...

OpenAI Scraps GPT-6.1 Astra Launch Over Safety Concerns

OpenAI has canceled the planned release of GPT-6.1 Astra after internal testing raised concerns about the artificial intelligence models safety, alignment and ability to stay within authorized boundaries. The...
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