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Global Geo-political Series: U.S. Commerce department imposes affirmative preliminary AD duty on Citric Acid and certain Citrate Salts from Belgium, Colombia and Thailand

Jan 03, 2018 06:47 am UTC| Commentary

U.S. commerce department decided to impose Anti-dumping duties (CVD) on imports of Citric Acid and Certain Citrate Salts from Belgium, Colombia, and Thailand accusing the countries of subsidizing those products. In a...

German economy likely to grow by 2.5 pct in 2018, says Commerzbank

Jan 03, 2018 06:09 am UTC| Commentary Economy

The German economy is expected to grow by 2.5 percent this year after having expanded strongly in 2017 at an expected rate of 2.3 percent. Private consumption is likely to remain the main driver of the economy, benefitting...

FxWirePro: The Day Ahead- 3rd January 2018

Jan 03, 2018 05:48 am UTC| Commentary Central Banks

Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Upcoming: Spain: November unemployment change report will be released at 8:00 GMT. Switzerland:...

New Zealand bonds close higher on subdued dairy supply outlook at overnight GDT price auction; shrugs-off improvement in milk prices

Jan 03, 2018 05:08 am UTC| Commentary Economy

New Zealand government bonds closed higher Wednesday, despite an improvement in the global dairy prices at the countrys latest GlobalDairyTrade Price auction held overnight. Elsewise, trading remained sideways as the...

FxWirePro: Asian markets marginally higher, gold hits fresh 4-month high at $1,321 mark

Jan 03, 2018 04:15 am UTC| Commentary

All the major Asian indices were trading on a higher note on Wednesday. Gold was trading around $1,313 mark while silver was trading around $17.06 mark. Shanghai composite index to open flat at 3,347.74 points and...

Australian bonds lower following strong global commodity demand, weak U.S. Treasuries

Jan 03, 2018 03:43 am UTC| Commentary Economy

Australian government bonds slumpedon Wednesdayas a spate of rousing manufacturing PMI from around the world seemed to bode well for the countrys goods exports. The yield on the benchmark 10-year Treasury note, which...

Polish central bank likely to hike rates in Q3 2018, EUR/PLN likely to remain unchanged over next three months

Jan 02, 2018 20:51 pm UTC| Commentary Economy

The Polish central bank, National Bank of Poland, is in no hast to hike the benchmark rates in spite of the headline inflation rising, which reached 2.5 percent in November. But the meeting minutes stated that many MPC...

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Economy

Oil Prices Surge Amid U.S.-Iran Tensions and Supply Disruption Fears

Global oil prices climbed sharply on Thursday as escalating geopolitical tensions between the United States and Iran fueled concerns about further supply disruptions in the Middle East. Brent crude oil prices surged by as...

Asian Stocks Slip as Oil Prices Surge and Fed Signals Inflation Risks

Asian stock markets declined on Thursday as investors reacted to a sharp rise in oil prices, mixed corporate earnings, and a cautious outlook from the U.S. Federal Reserve. The combination of geopolitical tensions, energy...

Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone

The U.S. dollar remained close to its strongest level in more than two weeks on Thursday, supported by a hawkish shift from Federal Reserve policymakers that pushed Treasury yields to a one-month high. Currency markets are...

US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves

U.S. stock index futures traded mixed on Wednesday evening as investors reacted to the Federal Reserves latest policy decision, rising oil prices, and a fresh round of earnings from major technology companies. Market...

China Factory Activity Extends Growth in April Despite Global Pressures

Chinas manufacturing sector continued to expand for a second consecutive month in April, signaling resilience in the worlds second-largest economy despite ongoing global uncertainties. According to official data from the...

Politics

Russian Drone Strikes Hit Odesa Again, Injuring Civilians and Damaging Infrastructure

Russian drone attacks targeted the southern Ukrainian city of Odesa overnight, marking the second assault this week and leaving at least 18 people injured, according to local officials. The latest strike adds to the...

US House Advances $70 Billion Immigration Enforcement Budget Plan

The U.S. House of Representatives has approved a three-year budget framework that could unlock an additional $70 billion for immigration enforcement, marking a significant step in shaping future border security policies....

Trump to Receive Briefing on Potential U.S. Military Action Against Iran

U.S. President Donald Trump is expected to receive a high-level security briefing on Thursday regarding new military options targeting Iran, according to a report by Axios citing unnamed sources. The briefing will be led...

Taiwan Independence Explained: History, Status, and Rising China Tensions

Taiwan independence remains a highly debated issue in global politics, especially as tensions between China and the United States continue to shape international relations. The topic is expected to feature prominently in...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...

Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition

Microsoft has projected stronger-than-expected growth for its Azure cloud business, signaling continued momentum in the competitive cloud computing and artificial intelligence market. The company announced it expects Azure...