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Australian consumer sentiment returns to uptrend

Jan 30, 2018 13:08 pm UTC| Commentary

Australian consumer sentiment rose after falling in the last week. The ANZ-Roy Morgan Australian consumer sentiment returned to an upward trend, rising 1.3 percent. Results came in mixed at a disaggregated level, with...

Currency snapshot (major pairs)

Jan 30, 2018 13:02 pm UTC| Commentary

Dollar index trading at 89.12 (-0.26%) Strength meter (today so far) Euro +0.34%, Franc -0.69%, Yen +0.26%, GBP +0.36% Strength meter (since last week) Euro +0.01%, Franc -0.42%, Yen -0.13%, GBP -0.15% EUR/USD...

Global Geopolitics Series

Global Geopolitical Series: Qatar plans to woo U.S. in making U.S. base permanent

Jan 30, 2018 12:39 pm UTC| Commentary

As the Trump administration is weighing on reducing overseas U.S. military bases Qatar, which has been facing economic, political, diplomatic, and social blockade by Saudi Arabia led alliance that includes Egypt, Bahrain,...

FxWirePro: Sell pound targeting 1.376 against dollar

Jan 30, 2018 12:14 pm UTC| Commentary

The recent strength of the Pound, which has been fueled by a weaker dollar, an initial agreement between the United Kingdom and the European Union over Brexit bill and two year transition period, and a hawkish Bank of...

FxWirePro: Saudi corruption crackdown yields $107 billion

Jan 30, 2018 11:53 am UTC| Commentary

In November, Saudi Arabias crown prince Mohammad bin-Salman, who replaced his elder cousin Mohammad bin-Nayef to become next in line to the throne after his father King Salman by a royal decree further tightened his grip...

FxWirePro: Prepare to buy gold targeting $1520 per troy ounce

Jan 30, 2018 11:38 am UTC| Commentary

The gold has benefited immensely from a weaker dollar in 2018, ongoing geopolitical uncertainties and a rising inflation. After bottoming around $1230 per troy ounce in last December, it has sharply moved higher and is...

U.S. Treasuries climb ahead of FOMC’s policy decision, President Trump’s speech

Jan 30, 2018 11:14 am UTC| Commentary Economy

The U.S. Treasuries remained on the upside Tuesday ahead of a host of events scheduled for this week President Donald Trump is scheduled to deliver a keynote speech on January 31 by 02:00GMT and the ADP non-farm...

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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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