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Tue, Apr 28, 2026 12:11 PM All times are UTC

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US personal consumption expenditure preview

Aug 31, 2017 11:42 am UTC| Commentary Economy

Personal consumption, income data along with PCE price index would be released from the US at 12:30 GMT for the month of July. Why it matters? Personal consumption and income data provide information on consumer...

Strong Chinese manufacturing PMI poses upside risk to Q2 GDP, says ANZ Research

Aug 31, 2017 11:11 am UTC| Commentary Economy

Chinas Purchasing Managers Index (PMI) posted solid gains for the month of August following a rebound in new orders and as the effects of unfavorable weather conditions in previous months faded away. The product and new...

U.S. Treasuries tad lower as investors await initial jobless claims, August employment report

Aug 31, 2017 10:54 am UTC| Commentary Economy

The U.S. Treasuries steadied as investors wait to watch the countrys initial jobless claims, scheduled to be released today by 12:30GMT. The yield on the benchmark 10-year Treasury hovered around 2.15 percent, the...

USD/CAD likely to hold support at 1.24 for some time, says Commerzbank

Aug 31, 2017 10:21 am UTC| Commentary Economy

The USD/CAD currency pair is expected to hold on to its support at 1.24 level for quite some time now, given the fact that Canada is showing good signs of growth. Moreover the CAD has appreciated by almost 10 percent...

German bonds flat after jobless rate remains unchanged in August, Eurozone August CPI adds hopes

Aug 31, 2017 09:26 am UTC| Commentary Economy

The German government bonds traded flat Thursday after the countrys unemployment rate remained unchanged in August, with the total number of jobless citizens declining, albeit lower than what markets had anticipated. Also,...

Central Banking Series

BoE MPC member Michael Saunders lays out case for rate hike

Aug 31, 2017 08:19 am UTC| Commentary Central Banks

Bank of Englands (BoE) Monetary Policy Committee (MPC) member Michael Saunders laid out a case for rate hike during a speech on Thursday. He said that the UK labor market is quickly approaching full employment, while the...

Oil in Global Economy Series: Militant blockades take 350,000 barrels per day production offline in Libya

Aug 31, 2017 07:35 am UTC| Commentary

Political disruption, led by militant blockade of important pipelines have reportedly reduced Libyas oil production by as much as 350,000 barrels per day. In July, according to official OPEC report, the production in Libya...

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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...