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FxWirePro: Asian markets in red, gold hovers around $1,290 mark

Nov 27, 2017 04:45 am UTC| Commentary

All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,290 mark while silver was trading around $17.03 mark. Shanghai composite index to open down 0.2 pct at 3,346.66 points and...

FxWirePro: The Day Ahead- 27th November 2017

Nov 27, 2017 04:04 am UTC| Commentary

Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Switzerland: Third quarter employment report will be released at 8:15 GMT. Italy:...

U.K. manufacturing PMI index likely to have declined slightly in November – Lloyds Bank

Nov 24, 2017 20:14 pm UTC| Commentary

The U.K. manufacturing PMI started the fourth quarter on a stronger note. The index rose to 56.3 in October from Septembers 56. In spite of recent revisions to official manufacturing output data painting a better scenario...

U.K. mortgage approvals rise strongly in October

Nov 24, 2017 18:29 pm UTC| Commentary

The lending report by U.K. Finance released today provided a good preview of what one can expect from the coming weeks release of the latest BoE lending figures. After a rise to a six-month high in August, mortgage...

National Bank of Poland likely to hike interest rate by 25 bps by Q42018 - Commerzbank

Nov 24, 2017 17:28 pm UTC| Commentary

The National Bank of Polands November meeting minutes show the usual calm, with the majority of MPC members maintaining that rates should be on hold for an extended period, noted Commerzbank in a research report. The...

German retail sales likely to have risen in October, consumer sentiment to have dropped in December

Nov 24, 2017 16:11 pm UTC| Commentary

German retail sales figures for the month of October are set to be released early next week. In the prior month, the index had risen a robust 0.5 percent, the first positive reading in three months. On a year-on-year...

Mexican economic activity falls in real terms in September

Nov 24, 2017 14:47 pm UTC| Commentary

The Global Indicator of Economic Analysis (IGAE) of Mexico dropped in real terms in September. According to INEGI, the IGAE fell 0.5 percent in real terms compared to the previous month. The Tertiary sector recorded a...

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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...