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Thu, Oct 01, 2026 06:04 AM All times are UTC

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U.S. NAHB homebuilder sentiment rises in October, housing sector recovery likely in 2017

Oct 17, 2017 18:08 pm UTC| Commentary

The U.S. NAHB homebuilder sentiment rose in October. The housing market index jumped from 64 to 68 in October. The rebound was much stronger than anticipated and was a positive surprise compared to consensus expectations...

U.S. industrial production grows in September, rebounding from decline in August

Oct 17, 2017 16:31 pm UTC| Commentary

U.S. industrial production expanded in September, recovering from a huge decline in the earlier month. Industrial output grew 0.3 percent sequentially in September. Meanwhile, the data for the month of August was upwardly...

U.S. import prices rise strongly on sequential basis in September

Oct 17, 2017 14:31 pm UTC| Commentary

U.S. import prices grew strongly in September on a sequential basis. Import prices rose 0.7 percent, coming in line with expectations. The strength was mainly due to a strong rise in imported petroleum prices that recorded...

Singapore’s NODX drops unexpectedly in September, likely to average 5.5 pct in 2017

Oct 17, 2017 13:58 pm UTC| Commentary Economy

Singapores non-oil domestic exports surprisingly dropped in the month of September. The NODX fell 10 percent sequentially. This was the first year-on-year contraction since April 2017. Electronics exports were the main...

U.K. inflation accelerates in line with expectations in September, BoE likely to hike rate in November

Oct 17, 2017 13:06 pm UTC| Commentary

The annual consumer price inflation of U.K. continued to accelerate in September. CPI index rose from 2.9 percent in August to 3 percent. This was in line with consensus expectations and took the annual rate of inflation...

Commodities snapshot (precious & industrial)

Oct 17, 2017 12:20 pm UTC| Commentary

The metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is treading waters above $1300 area. Todays range $1287-1296 Gold is currently trading at $1288/troy ounce. Immediate...

Currency snapshot (commodity pairs)

Oct 17, 2017 12:15 pm UTC| Commentary

Dollar index trading at 93.52 (+0.27%) Strength meter (today so far) Aussie +0.02%, Kiwi -0.02%, Loonie -0.11% Strength meter (since last week) Aussie -0.36%, Kiwi +0.17%, Loonie -0.75% AUD/USD Trading at...

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Economy

Dollar Hits Three-Month High as US Treasury Yields Surge

The US dollar climbed to its highest level in more than three months on Thursday as rising Treasury yields supported the greenback, with investors weighing persistent global inflation risks linked to the US-Israeli war on...

US Treasury Bond Buybacks Fall Short Despite Expanded $6 Billion Cap

The US Treasury is buying fewer long-dated government bonds than investors expected under its expanded buyback program, prompting debate over the initiatives purpose and effectiveness. Treasury last month raised the...

India Manufacturing Growth Hits Seven-Month High in September

Indias manufacturing sector regained momentum in September, recording its strongest expansion in seven months as robust domestic and overseas demand boosted factory output, hiring and business confidence. The HSBC India...

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....

Politics

California Leads Lawsuit Over Trump’s $810 Million Funding Cuts

California and six other states have sued the Trump administration over its attempt to withhold roughly $810 million in federal funding already approved by Congress, escalating a legal battle over presidential authority...

Trump Praises Boeing 737 Max After Flydubai Crash Attempt

U.S. President Donald Trump praised Boeings 737 Max on Thursday, highlighting the aircrafts durability after the model survived an attempted crash involving a Flydubai flight bound for Tel Aviv. Trump said the Boeing 737...

US Officials See China Taiwan Invasion Before 2028 as Less Likely

U.S. officials increasingly believe China is unlikely to invade Taiwan before 2028, despite Chinese President Xi Jinpings reported directive for the Peoples Liberation Army to be capable of taking the island by force by...

Trump Demands Powell Resign Over Fed Renovation Cost Overruns

President Donald Trump on Wednesday called for former Federal Reserve Chair Jerome Powell to resign from the Feds Board of Governors following an Inspector General report detailing major cost overruns in the central banks...

US Conducts Non-Nuclear Explosion Test to Boost Nuclear Detection

The US National Nuclear Security Administration (NNSA) conducted a subsurface, non-nuclear high-explosive experiment in Nevada on Wednesday as part of efforts to strengthen the countrys ability to detect low-yield nuclear...

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

DogeOS Launches Testnet to Bring DeFi Apps to Dogecoin

DogeOS has launched a public testnet designed to bring Ethereum-style decentralized finance applications to Dogecoin, potentially expanding DOGEs utility beyond payments and price speculation. The Ethereum-compatible...

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...