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FxWirePro: What to watch in FOMC meet ahead?

Jan 31, 2018 07:54 am UTC| Commentary Central Banks

We expect a great deal of debate among FOMC policymakers over the path of the hikes as well as whether to go with three more hikes this year or not. Since the last meeting in December, several policymakers like Loretta...

Global Geopolitical Series: U.S. Commerce department announces preliminary CVD on low melt polyester staple fiber from South Korea and Taiwan

Jan 31, 2018 07:18 am UTC| Commentary Economy

After the Trump administration announced sharp tariffs on imports of washing machines and solar panels, South Korea not only protested the decision and decided to take up the issue to the World Trade Organization (WTO)....

Global Geopolitical Series: U.S. Commerce department announces preliminary AD on tapered bearings from Korea

Jan 31, 2018 07:17 am UTC| Commentary Economy

After the Trump administration announced sharp tariffs on imports of washing machines and solar panels, South Korea not only protested the decision and decided to take up the issue to the World Trade Organization (WTO)....

New Zealand bonds end sharply higher in muted session on lower investors’ risk appetite

Jan 31, 2018 06:32 am UTC| Commentary Economy

New Zealand government bonds ended Wednesdays session on a sharp note despite a muted trading session that witnessed data of little economic significance. Also, the country had registered a trade surplus for the month of...

JGBs gain despite jump in industrial production; investors eye 10-year auction

Jan 31, 2018 05:46 am UTC| Commentary Economy

Japanese government bonds gained even as the countrys industrial output grew in December at the fastest pace in eight months, and up for a third straight month, in a sign that its humming factories have likely driven...

JGBs gain despite jump in industrial production; investors eye 10-year auction

Jan 31, 2018 05:46 am UTC| Commentary Economy

Japanese government bonds gained even as the countrys industrial output grew in December at the fastest pace in eight months, and up for a third straight month, in a sign that its humming factories have likely driven...

FxWirePro: Asian markets mixed, gold slightly up

Jan 31, 2018 05:38 am UTC| Commentary

All the major Asian indices were trading on a mixed note on Wednesday. Gold was trading around $1,340 mark while silver was trading around $17.15 mark. Shanghai composite index to open down 0.5 pct at 3,470.51 points...

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Economy

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...

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...

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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