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UK gilts plunge despite fall in January construction PMI; services PMI in focus

Feb 02, 2018 10:17 am UTC| Commentary Economy

The UK gilts plunged Friday as investors have largely shrugged-off the countrys lower-than-expected construction PMI for the month of January. Now, the focus has turned to the services PMI for the same period, due to be...

RBNZ likely to again leave the OCR at 1.75 pct, says Westpac Research

Feb 02, 2018 09:45 am UTC| Commentary Economy Central Banks

The Reserve Bank of New Zealand (RBNZ) is expected to again leave the OCR at 1.75 percent at its Monetary Policy Statementnext Thursday.The Bank has maintained a watchful stance for some months now. And while it sounded a...

New Zealand ANZ/Morgan consumer confidence lifts to 126.9 in January

Feb 02, 2018 08:42 am UTC| Commentary Economy

New Zealands ANZ-Roy Morgan Consumer Confidence Index lifted from 121.8 to 126.9 in January. This is still 3 points off the September high but is a pretty robust level. The Current Conditions Index rose a hefty 8.1 points...

FxWirePro Call Review: Australian dollar’s target extended from 0.87 to 0.93

Feb 02, 2018 07:32 am UTC| Commentary

Back in November 2017, in an article named, FxWirePro: Buy Aussie targeting 0.87 against dollar over longer horizon, available at...

U.S. under Trump Series: United States’ 2017 goods trade deficit with South Korea likely to be lowest in four years

Feb 02, 2018 07:11 am UTC| Commentary Economy

As the Trump administration continues to toughen stance against the U.S. trade deficit and take up measures to counter that, we are closely monitoring the U.S. trade imbalances (especially in goods) with several countries...

New Zealand bonds slump at close ahead of Q4 employment report, GDT price auction early next week

Feb 02, 2018 06:28 am UTC| Commentary Economy

New Zealand government bonds slumped at the time of closing Friday as investors wait to watch the countrys fourth-quarter employment report and the GlobalDairyTrade price auction, scheduled to be held early next week....

JGBs pare losses after BoJ decides to buy "unlimited" long-term bonds to curb rising yields

Feb 02, 2018 05:49 am UTC| Commentary Economy

Japanese government bonds pared losses Friday after the Bank of Japan (BoJ) announced early today that it would buy an unlimited amount of long-term bonds to curb the effect of rising yields. The yield on the benchmark...

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Economy

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...

U.S. Stock Futures Steady as AI, Rate Concerns Weigh

U.S. stock futures were little changed Monday evening after Wall Street fell under pressure from elevated Treasury yields, concerns about slowing artificial intelligence development and persistent geopolitical tensions...

Gold Plunges 4% as Treasury Yields Surge and Fed Rate Hike Bets Rise

Gold prices tumbled nearly 4% on Monday as surging U.S. Treasury yields, a stronger dollar, rising oil prices and growing expectations for additional Federal Reserve interest rate hikes pressured precious metals. Spot gold...

South Korea Exports Set for 16th Monthly Gain on AI Chip Demand

South Korean exports are expected to increase for a 16th consecutive month in September, supported by strong semiconductor demand fueled by global artificial intelligence investment, according to a Reuters poll released...

Oil Prices Jump Nearly 3% as Iran Holds Firm on Hormuz Conditions

Oil prices surged on Monday as tensions between the United States and Iran fueled concerns over prolonged disruption to the Strait of Hormuz, a critical route for global energy supplies. Brent crude futures for November...

Politics

Second DOJ Lawyer Exits Trump Probe

A second U.S. Justice Department lawyer has left a criminal investigation examining whether President Donald Trumps rights were violated during earlier federal investigations, according to two people familiar with the...

US Plans Iran Sanctions Waiver for Pilgrim Flights to Iraq

The Trump administration is preparing to grant a limited waiver from U.S. sanctions on Iran to permit flights carrying Shiite Muslim pilgrims between Iran and Iraq, according to a person directly familiar with the...

Russian Drone Strikes Kill Nine Across Ukraine, Hit Kyiv Science Academy

Russian drone attacks across Ukraine killed at least nine people and injured more than 80 on Monday, including two people at the National Academy of Sciences in central Kyiv, Ukrainian President Volodymyr Zelenskiy said....

UK Police Probe Foreign State Link in RAF Fairford Plot

British counter-terrorism police are investigating whether individuals acting on behalf of a foreign state were involved in an alleged plot targeting RAF Fairford, a UK airbase used by U.S. military bombers. Five British...

Pope Leo Urges Europe to Pursue Peace Through Compromise

Pope Leo called on European leaders and negotiators to embrace compromise in the pursuit of peace, warning that continued conflict and military buildup risk deepening instability across the continent. Speaking Monday in...

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

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...

Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears

Pi Network price traded around $0.0886 on September 28 as investors looked ahead to the Protocol 28 Mainnet upgrade scheduled for October 16. PI remained below the key $0.10 level amid broader weakness across the...
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