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Global Geopolitics Series

Global Geopolitical Series: EU pledges €42.5 million additional funding for Palestinians at extraordinary donors meeting

Feb 01, 2018 08:10 am UTC| Commentary

Donor countries to Palestinian refugees through United Nations Relief and Works Agency for Palestine Refugees (UNRWA) that supports Palestine Liberation Organization (PLO) usually meets every year and in 2017, they met in...

Eurozone Sovereign Bond Spreads- Latest Updates

Feb 01, 2018 07:09 am UTC| Commentary Economy

We at FxWirePro decided to add a simple but very important tool to our regular watch list and that is sovereign bond spreads of Eurozone economies over Germany. It was included in the watch list during the Eurozone debt...

FxWirePro: WTI crude likely to correct towards $61.9 per barrel

Feb 01, 2018 06:15 am UTC| Commentary

After reaching $66.6 per barrel last week, which was the highest price level for the North American oil benchmark since November 2014, WTI has been correcting and is currently trading at $64.8 per barrel. The WTI benchmark...

FxWirePro: The Day Ahead- 1st February 2018

Feb 01, 2018 05:28 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Japan: Nikkei manufacturing PMI rose to 54.8 in January. Australia: Building permits...

FxWirePro: The Day Ahead- 1st February 2018

Feb 01, 2018 05:28 am UTC| Commentary Central Banks

U.K. manufacturing PMI index likely to have risen marginally in January

Jan 31, 2018 21:20 pm UTC| Commentary

U.K. economic figures have come out mixed in recent weeks. Retail sales in December came below expectations, while trade deficit had widened in November. However, industrial production figures for the month of November...

U.S. ISM manufacturing index likely to have remained elevated in January

Jan 31, 2018 21:19 pm UTC| Commentary

The U.S. ISM manufacturing index continued to be elevated in the month of November at 59.7. This was its fifth straight print of 58 or better. New orders were especially solid, with the 69.4 December print being the...

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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...