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RBI October meeting minutes underline cautious tone, likely to cut rate again in December

Oct 19, 2017 12:42 pm UTC| Commentary Central Banks

The Indian central bank, Reserve Bank of India, released its October Monetary Policy Committee meeting minutes that highlighted a cautious tone with all the members acknowledging the higher-than-expected acceleration in...

Commodities snapshot (precious & industrial)

Oct 19, 2017 12:26 pm UTC| Commentary

The metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is consolidating below $1300 area. Todays range $1291-1276 Gold is currently trading at $1288/troy ounce. Immediate...

Commodities snapshot (energy)

Oct 19, 2017 12:14 pm UTC| Commentary

Energy pack is down in todays trading. Weekly performance at a glance in chart table, Oil (WTI) WTI is in decline as Iraq takes control of vast regions in Kirkuk without much resistance. Todays range $51.1...

Currency snapshot (commodity pairs)

Oct 19, 2017 12:09 pm UTC| Commentary

Dollar index trading at 93.21 (-0.22%) Strength meter (today so far) Aussie +0.35%, Kiwi -1.89%, Loonie +0.04% Strength meter (since last week) Aussie -0.06%, Kiwi -2.11%, Loonie -0.14% AUD/USD Trading at...

Currency snapshot (major pairs)

Oct 19, 2017 11:53 am UTC| Commentary

Dollar index trading at 93.21 (-0.23%) Strength meter (today so far) Euro -0.16%, Franc -0.53%, Yen -0.59%, GBP -0.27% Strength meter (since last week) Euro +0.18%, Franc -0.72%, Yen -0.80%, GBP -0.70% EUR/USD...

FxWirePro Commodities Watch (Meats)

Oct 19, 2017 10:48 am UTC| Commentary

There has been a change in tide in the commodities market, which we feel is of utmost importance to keep a tab on. Historically speaking, a rise in commodity prices has triggered a vicious chain reaction. First, the...

FxWirePro: Commodities Watch (Softs)

Oct 19, 2017 10:43 am UTC| Commentary

We, at FxWirePro, have been sensing a change in the commodities market for quite some time now. After months and years of battering by traders and investors, since last year, they are once again becoming the darlings. Many...

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Economy

South Korea Exports Surge 83.5% on AI Chip Boom

South Korean exports surged far more than expected in September, driving the countrys trade surplus higher as strong global demand for artificial intelligence chips and electronics continued to support Asias fourth-largest...

Oil Prices Steady as Middle East Crude Flows Recover

Oil prices were largely stable in Asian trading on Thursday as investors assessed recovering Middle East crude exports against persistent risks to regional supplies and uncertainty surrounding Iran-U.S. ceasefire talks....

Asian Stocks Rise as Chipmakers Rally on Micron Earnings

Asian stocks mostly advanced on Thursday, led by a sharp rally in Japanese semiconductor shares after upbeat Micron Technology earnings. Softer U.S. inflation data also supported sentiment by reducing expectations for...

Gold Steady as Softer U.S. Inflation Eases Fed Rate Hike Bets

Gold prices were largely unchanged on Thursday after suffering a 6% decline in September, as softer U.S. inflation data lowered expectations for another Federal Reserve interest rate hike. However, elevated Treasury yields...

Australia Trade Surplus Shrinks Sharply as Imports Surge

Australias trade surplus narrowed sharply in August as imports grew faster than exports, falling well below market expectations, according to data released Thursday by the Australian Bureau of Statistics. The seasonally...

Politics

Russia Warns NATO of Nuclear Response Over Kaliningrad

Russia has warned NATO that it could use nuclear weapons if alliance members attempt to isolate Kaliningrad, escalating tensions between Moscow and the West amid the ongoing war in Ukraine. In a diplomatic note sent to...

Netanyahu Says Israel May Join Flydubai Crash Attempt Probe

Israeli Prime Minister Benjamin Netanyahu said Israel may participate in the investigation into an alleged attempt by a flydubai co-pilot to crash a Dubai-to-Tel Aviv passenger flight, while stressing that the motive and...

Pentagon Launches Autonomous Warfare Command

U.S. Defense Secretary Pete Hegseth announced Wednesday the creation of an Autonomous Warfare Command, a new military organization focused on developing and delivering autonomous systems, robotics, drones and artificial...

Trump Says He Raised Political Prisoners With Xi

US President Donald Trump said he discussed the release of political prisoners with Chinese President Xi Jinping during their meeting in Washington last week, bringing attention to cases including detained US citizen Min...

New Zealand Election Raises Policy Uncertainty for Investors

New Zealands upcoming election is raising concerns among investors and businesses as the country faces the possibility of its first single-term government in more than five decades, increasing uncertainty over economic and...

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

Tencent Signs $7 Billion Oracle AI Chip Lease Deal

Tencent has signed a $7 billion agreement with Oracle to access roughly 100,000 advanced artificial intelligence chips, marking a major expansion of the Chinese technology giants AI infrastructure, according to the...

Micron Forecast Tops Estimates as AI Memory Demand Stays Strong

Micron Technology delivered a stronger-than-expected fiscal first-quarter 2027 outlook, supported by robust demand for memory chips used in artificial intelligence infrastructure, although signs of slowing earnings growth...

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...
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