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New Zealand’s annual current account deficit likely to narrow further, says Westpac Research

Dec 20, 2017 06:55 am UTC| Commentary Economy

New Zealands annual current deficit is expected to narrow further, with dairy export prices and volumes both stronger than they were a year earlier. However, a recent surge in imports (see below) challenges our view on how...

FxWirePro Call Review: Loonie likely to weaken towards 1.35 area

Dec 20, 2017 06:31 am UTC| Commentary

In earlier December, in an article named, FxWirePro: Canadian dollar likely to weaken further to test support around 1.32 area, available at...

New Zealand bonds close higher after GDP price auction disappoints investors; Q3 GDP likely to drop

Dec 20, 2017 06:17 am UTC| Commentary Economy

New Zealand government bonds closed on the upside Wednesday after the countrys GlobalDairyTrade (GDT) price auction disappointed market participants. Also, investors are expecting a decline in the third-quarter gross...

FxWirePro Call review: Add short positions in 10-year bund

Dec 20, 2017 05:39 am UTC| Commentary

This is yet another review of our previous call, given out in October last year to short the 10-year bund at the breakout of 162.5 with an initial target of 160 area and subsequent longer-term target of 153. The article is...

Global geopolitical Series: US threatens countries looking to oppose Jerusalem move at UN general assembly

Dec 20, 2017 05:34 am UTC| Commentary

Ahead of a United Nation General Assembly debate on President Trumps move to recognize Jerusalem as Israels capital, the United States has warned those looking to oppose U.S. decision, that the United States stands ready...

FxWirePro: The Day Ahead- 20th December 2017

Dec 20, 2017 04:29 am UTC| Commentary Central Banks

Not many economic data and events scheduled for today, and all with low to medium volatility risks Upcoming: Japan: All industry activity index will be updated at 4:30 GMT. Germany: November producer price...

JGBs fall after BoJ reduces size of bond purchases; monetary policy decision closely eyed

Dec 20, 2017 04:11 am UTC| Commentary Economy

Japanese government bonds fellon Wednesdayafter the Bank of Japan reduces the size of bonds purchases in its daily market operation. Also, investors await the last monetary policy meeting of 2017, which is scheduled to be...

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Economy

Australia Inflation Accelerates to 4% After RBA Rate Hike

Australias consumer inflation accelerated in August, although the increase came in slightly below market expectations, while underlying price pressures remained elevated following the Reserve Bank of Australias latest...

Gold Prices Slip as High Treasury Yields Weigh on Bullion

Gold prices edged lower on Wednesday as elevated U.S. Treasury yields continued to pressure bullion, while falling oil prices helped ease concerns over inflation ahead of key U.S. economic data. Spot gold, or XAU/USD,...

Dollar Eases Near Two-Month High as Yen Rebounds

The U.S. dollar edged lower on Wednesday but remained close to a two-month high as traders awaited key U.S. inflation and labor-market data for fresh clues on the Federal Reserves interest rate outlook. The U.S. dollar...

Asian Stocks Rise as Bond Yields Ease Ahead of U.S. Inflation Data

Asian stocks were mostly higher Wednesday as easing global bond yields and softer oil prices supported risk appetite, while investors awaited key U.S. inflation data for clues on the Federal Reserves interest-rate outlook....

BOJ Signals Faster Rate Hikes as Inflation Risks Grow

The Bank of Japan is preparing for potentially faster and more regular interest rate hikes as policymakers seek to prevent inflation from overshooting their target, putting fresh attention on key economic data due this...

Politics

Wicker Urges US to Uphold Taiwan Security Commitments

Republican U.S. Senator Roger Wicker, chairman of the Senate Armed Services Committee, has called on Washington to uphold its security commitments to Taiwan as lawmakers press the Trump administration over delayed military...

TSA Removes Chairs for Airport ID Check Officers

The U.S. Transportation Security Administration is removing chairs from airport security checkpoints, meaning TSA officers checking passenger identification will no longer be able to sit while performing the task. The...

US Alcohol Ban Exposes Canada’s Internal Trade Barriers

A new US ban on many Canadian alcohol imports is putting fresh pressure on Canadas brewers, distillers and winemakers, but provincial trade barriers are making it difficult for producers to replace lost American sales at...

US Appeals Court Keeps Trump IRS Case Sanctions in Place

A US appeals court on Tuesday declined to immediately halt sanctions stemming from President Donald Trumps $10 billion lawsuit against the Internal Revenue Service, leaving a federal judges restrictions in effect while the...

UN Condemns Myanmar Airstrike That Kills 50 in Rakhine

The United Nations has condemned a deadly Myanmar military airstrike in Rakhine state that reportedly killed 50 people and wounded at least 58 others near the border with Bangladesh. UN spokesperson Stephane Dujarric said...

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

DeepSeek, Huawei Partner on Ascend AI Chip Programming Tools

DeepSeek has partnered with Huawei Technologies to develop new programming tools for Huaweis Ascend AI chips, strengthening Chinas efforts to build domestic alternatives to Nvidia hardware. DeepSeek said Wednesday in a...

Apple iPhone 18 Pro Sales Jump 12% in China

Apples iPhone 18 Pro series delivered a strong debut in China, with first-week sales rising 12% from a year earlier and helping the technology giant secure the top position in the countrys smartphone market, according to...

Robinhood Launches AI Agents for Automated Trading

Robinhood Markets is expanding its artificial intelligence capabilities with the launch of Robinhood Agents, a new feature designed to help retail investors analyze markets, develop trading strategies, and execute trades...

Google Pays Publishers for AI Search Content in New Pilot

Google is reportedly paying around 100 digital publishers to provide content for its artificial intelligence-powered search features, marking a notable change in the technology giants longstanding relationship with online...

Trump, Tech Leaders Sign ‘Morally Binding’ AI Safety Accord

President Donald Trump and executives from major technology companies signed a voluntary artificial intelligence agreement in Washington on Tuesday, establishing a set of principles intended to guide the development and...
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