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Norwegian inflation falls in October, weaker than market expectations

Dec 11, 2017 10:53 am UTC| Commentary Economy

Norways core inflation in November fell only 0.1 percentage point from October, but was clearly weaker than expected. One reason was the highly volatile air fares, but food prices have developed weaker than normal since...

Global Geo-political Series: Malaysia calls Muslim countries to ban USD for oil trade

Dec 11, 2017 10:52 am UTC| Commentary

The Malaysian Indian Congress (MIC), which is a Malaysian political party and is one of the founding members of the ruling coalition, Barisan Nasional, previously known as the Alliance that has been in power since the...

German bunds flat ahead of ECB President Draghi’s speech, ZEW economic sentiment for December

Dec 11, 2017 09:32 am UTC| Commentary Economy

The German bunds traded flat Monday as investors wait to watch the European Central Bank President Mario Draghis speech, scheduled to be held on December 12 by 19:00GMT. Also, the countrys economic sentiment, to be...

Asian economies’ exports to hold up in 2018, feed through into domestic demand: ANZ Research

Dec 11, 2017 08:52 am UTC| Commentary Economy

Asian economies are expected to witness a holding up of exports in 2018, further, feeding through into domestic demand, according to a recent report from ANZ Research. Core inflation pressures should remain contained as...

Fed Hike aftermath Series: Hike probabilities over next 12 months

Dec 11, 2017 08:33 am UTC| Commentary Central Banks

Hike probability sharply spiked after last FOMC meeting, where projection material showed that the U.S. Federal Reserve is still projecting one more hike for 2017, which is likely to be December. The November FOMC...

Norges Bank likely to keep sight deposit rate unchanged at 0.50 pct, says Danske Bank

Dec 11, 2017 07:10 am UTC| Commentary Central Banks Economy

Norges Bank (NB) is expected to keep the sight deposit rate unchanged at 0.50 percent at Thursdays meeting. While developments since September have been roughly as expected, the combination of a weaker NOK and higher oil...

Latest Commitment of Traders positions (FX) as at December 5th 2017

Dec 11, 2017 07:07 am UTC| Commentary

CFTC commitment of traders report was released on Friday (8th December) and cover positions up to Tuesday (5th November). COT report is not a complete presenter of entire market positions since the future market is...

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Economy

US-Iran Conflict Escalates Amid Oil Blockade and Rising Global Tensions

The United States-Iran conflict continues to intensify as President Donald Trump engages with oil executives to address the potential long-term impact of a U.S. naval blockade targeting Irans oil exports. The blockade,...

Gold Prices Dip Ahead of Fed Decision Amid Rising Middle East Tensions

Gold prices slipped on Wednesday as investors weighed ongoing geopolitical risks in the Middle East alongside expectations surrounding the Federal Reserves upcoming interest rate decision. Spot gold declined by 0.5% to...

Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions

Kevin Warsh, former Federal Reserve governor and U.S. President Donald Trumps nominee to lead the Federal Reserve, is expected to clear a critical step in the confirmation process as the Senate Banking Committee prepares...

Trump Urges Iran to Sign Nuclear Deal Amid Ongoing Conflict and Port Blockade

U.S. President Donald Trump has intensified pressure on Iran, urging its leadership to get smart soon and agree to a deal as tensions remain high following weeks of stalled negotiations. In a recent Truth Social post,...

Asian Markets Mixed as Fed Decision, Iran Tensions, and Inflation Data Weigh on Sentiment

Asian stock markets showed mixed performance on Wednesday as investors remained cautious ahead of the U.S. Federal Reserves policy decision and ongoing geopolitical tensions between the United States and Iran. Market...

Politics

NYC Mayor Urges King Charles to Return Koh-i-Noor Diamond During U.S. Visit

New York City Mayor Zohran Mamdani has called on Britains King Charles III to return the historic Koh-i-Noor diamond to India, bringing renewed attention to long-standing debates over colonial-era artifacts. His remarks...

King Charles and Queen Camilla Honor 9/11 Victims During New York Visit Amid US-UK Tensions

King Charles III and Queen Camilla paid tribute to the victims of the September 11, 2001 terrorist attacks during a solemn visit to the 9/11 Memorial in New York City. The royal couple laid a floral arrangement at the site...

Israel Intercepts Gaza-Bound Aid Ships Far from Its Shores Amid Ongoing Blockade

Israel has reportedly begun taking control of humanitarian aid ships bound for Gaza at locations far from its own coastline, according to Israeli army radio, which cited an unnamed Israeli source on Wednesday. While the...

US-Iran War Costs Hit $25 Billion as Political Pressure Mounts

The United States ongoing conflict with Iran has already cost an estimated $25 billion, according to a senior Pentagon official, marking the first official figure tied to the wars growing financial burden. The disclosure...

Sinaloa Governor Ruben Rocha Denies U.S. Cartel Allegations, Calls Charges Political

Mexicos Sinaloa State Governor Ruben Rocha has strongly denied recent allegations from the U.S. Department of Justice linking him to the powerful Sinaloa Cartel, describing the claims as politically motivated and without...

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

TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has officially divested its remaining stake in Arm Holdings, marking the end of its investment in the UK-based chip designer....

T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth

T-Mobile US Inc. (NASDAQ: TMUS) delivered a strong first-quarter performance, surpassing analyst expectations thanks to robust postpaid subscriber growth and rising service revenues. The wireless carrier reported adjusted...

Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook

Seagate Technology PLC (NASDAQ: STX) delivered impressive third-quarter results that surpassed Wall Street expectations, driving a sharp rise in its stock price. The data storage leader reported adjusted earnings per share...

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...