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Currency snapshot (commodity pairs)

Sep 12, 2017 12:54 pm UTC| Commentary

Dollar index trading at 91.97 (+0.08%) Strength meter (today so far) Aussie +0.06%, Kiwi +0.54%, Loonie -0.23% Strength meter (since last week) Aussie -0.20%, Kiwi +0.59%, Loonie -0.35% AUD/USD Trading at...

Currency snapshot (major pairs)

Sep 12, 2017 12:42 pm UTC| Commentary

Dollar index trading at 91.95 (+0.05%) Strength meter (today so far) Euro -0.17%, Franc -0.30%, Yen -0.30%, GBP +0.80% Strength meter (since last week) Euro -0.10%, Franc -0.59%, Yen -0.63%, GBP +0.20% EUR/USD...

‘Long Bitcoin’ most crowded trade according to BofAML’s FMS

Sep 12, 2017 12:23 pm UTC| Commentary

According to Bank of America Merrill Lynchs Global fund managers survey for the month of September, long Bitcoin is the most crowded trade. The monthly Global Fund Manager Survey by Bank of America Merrill Lynch (BofAML)...

U.S. Treasuries collapse ahead of 10-year, 30-year auctions; hopes of rise in August PPI push yields higher

Sep 12, 2017 11:01 am UTC| Commentary Economy

The U.S. Treasuries nose-dived Tuesday as investors wait to watch the countrys 10-year auction, scheduled to be held today by 17:00GMT, besides, the JOLTs job openings report, due by 14:00GMT. Further, the 30-year bond...

German bonds trend lower ahead of 10-year auction, August CPI inflation

Sep 12, 2017 10:35 am UTC| Commentary Economy

The German government bonds trended lower Tuesday as investors wait to watch the countrys 10-year auction, scheduled to be held on September 13 by 09:35GMT. Also, the consumer price inflation index, due on the same day by...

UK gilts plunge after August CPI beats expectations, raising hopes of BoE rate hike

Sep 12, 2017 09:23 am UTC| Commentary Economy

The UK gilts plunged Tuesday after the countrys consumer price inflation index (CPI) for the month of August exceeded market hopes, adding to possibilities of an interest rate hike by the Bank of England (BoE) at its...

Japan likely to expand around 2 pct q/q annualized through rest of fiscal 2017, says Danske Bank

Sep 12, 2017 08:55 am UTC| Commentary Economy

The Japanese economy is expected to register GDP-growth of around 2 percent q/q annualized through the rest of fiscal 2017 and a significant slowdown in fiscal 2018 when stimulus starts to wear off. Public spending is also...

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Economy

Nasdaq Futures Jump as Micron Earnings Boost AI Trade

U.S. stock futures climbed Thursday, led by a sharp rise in Nasdaq futures after strong earnings and guidance from Micron Technology reinforced investor confidence in artificial intelligence-driven chip demand. Wall Street...

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...

Politics

Netanyahu Vows Probe Into Foiled Flydubai Crash Attempt

Israeli Prime Minister Benjamin Netanyahu said Israel intends to determine the full circumstances surrounding an alleged attempt by a co-pilot to crash a flydubai flight bound for Tel Aviv, including whether the incident...

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...

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...

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...

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...
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