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New Zealand Q2 terms of trade rises 1.5 pct q/q on higher export prices

Sep 01, 2017 06:49 am UTC| Commentary Economy

New Zealands terms of trade rose during the second quarter of this year, albeit at a slower rate, supported by a rise in export prices, especially that of meat and dairy products. In addition, the terms of trade fell...

Global Geo-political Series: Russia-US in diplomatic war as Trump administration close Russian embassy in San Francisco

Sep 01, 2017 06:31 am UTC| Commentary

The tit for tat diplomatic war on diplomatic staff between the United States and Russia continues that began with President Obama expelling 35 Russian diplomats from the country and seizing two Russian diplomatic compounds...

New Zealand bonds rally at close in muted trading despite fall in Q2 terms of trade

Sep 01, 2017 06:05 am UTC| Commentary Economy

The New Zealand bonds rallied at the time of closing Friday amid a silent trading session that witnessed data of little economic significance. Also, investors have largely shrugged off the decline in the countrys Q2 terms...

Asian markets marginally higher ahead of NFP job data, gold hovers around $1,320 mark

Sep 01, 2017 05:43 am UTC| Commentary

All the major Asian indices were trading on a higher note on the last trading day of the week. Gold was trading around $1,320 mark while silver was trading around $17.50 mark. The main event for the day is U.S. NFP job...

JGBs flat in muted trading, investors cover previous short positions

Sep 01, 2017 04:26 am UTC| Commentary Economy

The Japanese government bonds remained flat Friday as investors covered previous short positions amid a muted trading session that witnessed data of little economic significance. The yield on the benchmark 10-year...

FxWirePro: The Day Ahead- 1st September 2017

Sep 01, 2017 04:21 am UTC| Commentary Economy

Lots of data and events scheduled for today and some with high volatility risks associated. Data released so far: China: Caixin manufacturing PMI for August improves to 51.6 in August. Japan: Nikkei...

Australian bonds climb tracking firm U.S. counterpart after consumer spending data disappoints

Sep 01, 2017 03:09 am UTC| Commentary Economy

The Australian bonds climbed on the last trading day of the week Friday, tracking strength in the U.S. Treasuries after consumer spending data showed continuing low inflation, and as tensions with North Korea kept up...

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Economy

Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting

The Japanese yen strengthened on Tuesday after the Bank of Japan (BOJ) maintained its interest rates but hinted at potential rate hikes amid rising inflation risks. The USD/JPY pair declined by 0.2%, hovering near the 159...

Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets

Asian stock markets delivered a mixed performance on Tuesday as investors reacted to elevated oil prices, ongoing geopolitical tensions, and the Bank of Japans decision to keep interest rates unchanged. Market sentiment...

Oil Prices Rise Amid U.S.-Iran Tensions and Strait of Hormuz Deadlock

Oil prices moved higher during Asian trading on Tuesday as geopolitical tensions between the United States and Iran continued to weigh on global energy markets. The ongoing stalemate over the Strait of Hormuz, a critical...

Wall Street Futures Rise as Trump Discusses Iran’s Hormuz Strait Proposal and Tech Earnings Loom

Wall Street futures moved slightly higher on Monday evening after major U.S. stock indexes reached new record highs, reflecting cautious optimism among investors. SP 500 Futures climbed 0.2% to 7,217.0 points, while Nasdaq...

BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns

The Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged at 0.75% following its latest two-day monetary policy meeting, a move that aligned with market expectations. However, the decision revealed a...

Politics

King Charles Addresses U.S. Congress, Emphasizes UK-US Alliance Amid Political Tensions

Britains King Charles III is set to deliver a historic address to the U.S. Congress on Tuesday, reinforcing the long-standing special relationship between the United Kingdom and the United States. The speech comes at a...

Trump Skeptical of Iran Hormuz Proposal as Nuclear Talks Stall

U.S. President Donald Trump and his national security team remain doubtful about Irans recent proposal to reopen the Strait of Hormuz while delaying discussions on its nuclear program, according to a Wall Street Journal...

White House Withdraws Trump’s National Park Service Nominee Amid Criticism

The White House has officially withdrawn President Donald Trumps nomination of Scott Socha to lead the National Park Service (NPS), more than two months after it was submitted to the U.S. Senate. The administration did not...

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

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

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...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...