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UK gilts surge on rising tensions over Korean Peninsula, Trump’s renewed warnings

Aug 11, 2017 10:43 am UTC| Commentary Economy

The UK gilts surged during mid-European session Friday after tensions soared over the Korean Peninsula, following fresh comments from the US President Donald Trump that rattled riskier assets, with investor demand pouring...

FxWirePro: Eurostoxx50 likely to decline 6-7 percent as key support broken

Aug 11, 2017 10:29 am UTC| Commentary

The ongoing geopolitical crisis between the United States and North Korea has triggered much awaited and much needed selloffs in the stock market, which over the past several months were showing no signs of backing...

Eurozone periphery bonds jump after German CPI remains unchanged; German Q2 GDP in focus

Aug 11, 2017 09:32 am UTC| Commentary Economy

The Eurozone periphery bonds jumped Friday after benchmark Germanys consumer price inflation remained unchanged for the month of July. Also, investors wait to watch the countrys gross domestic product (GDP) for the second...

Fed will announce decision to unwind its balance sheet at September FOMC meeting, says DBS Research

Aug 11, 2017 08:34 am UTC| Commentary Central Banks Economy

The United States Federal Reserve will declare the decision to unwind its balance sheet at the September FOMC meeting, followed by an implementation from November or December, reported DBS Group Research. While the QE...

FxWirePro Call Review: Add additional short positions in Natural gas

Aug 11, 2017 08:25 am UTC| Commentary

In an article published on June 2nd, named, FxWirePro: Bears win in Natural gas; ready to push towards $2.68 per MMBtu, available at...

FxWirePro: Gold breaks key resistance line; rise to $1360 likely

Aug 11, 2017 08:08 am UTC| Commentary

Geopolitical tensions between the United States and North Korea has led to a break of key resistance line for the gold price. As the war rhetoric between the United States and North Korea reached a boiling point with both...

Fed Hike aftermath Series: Market starts attaching probabilities to rate cut

Aug 11, 2017 07:28 am UTC| Commentary Central Banks

Despite hawkish rhetoric from FOMC policy makers, the hike odds are declining across the meeting as the economic numbers including inflation continue to disappoint to the downside, coupled with political gridlock in...

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Economy

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...

U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union have taken a major step toward strengthening their supply chains for critical minerals, aiming to reduce reliance on China and boost advanced manufacturing capabilities. On Friday,...

Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions

The ongoing conflict in the Middle East is sending shockwaves through the global electronics industry, driving up prices of printed circuit boards (PCBs) and disrupting the supply of critical raw materials. PCBs are...

Asian Currencies Rise Ahead of BOJ and Fed Meetings as Dollar Softens

Asian currencies strengthened on Monday while the U.S. dollar edged lower, as investors shifted focus to upcoming policy meetings by the Bank of Japan (BOJ) and the Federal Reserve. Market sentiment remained cautious due...

BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance

The Bank of Japan (BOJ) is widely expected to keep interest rates unchanged at its April 28 policy meeting, maintaining the benchmark short-term rate at 0.75%. This would mark the third consecutive pause following a 25...

Politics

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...

Republican Lawmakers Urge National Guard Role for World Cup Drone Security

Two Republican members of Congress are urging the Trump administration to strengthen security measures for the upcoming FIFA World Cup by deploying the National Guard to address potential drone threats. Representatives...

King Charles and Queen Camilla Visit the U.S. Amid Political Tensions and Historic Milestone

King Charles III and Queen Camilla have begun a high-profile four-day visit to the United States, marking a significant moment in modern UK-US relations. The royal trip coincides with the 250th anniversary of the U.S....

Man Charged in Alleged Trump Assassination Attempt at White House Correspondents’ Dinner

A 31-year-old California man has been formally charged with attempting to assassinate U.S. President Donald Trump following a shooting incident at the White House Correspondents Association Dinner in Washington. The...

US and Iran Clash at UN Over Nuclear Program and NPT Conference Role

Tensions between the United States and Iran intensified at the United Nations as both countries exchanged sharp criticism over Tehrans nuclear program and its appointment as a vice president at a key nuclear conference....

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

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...

Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case

A Taiwan court has imposed a significant penalty on the local subsidiary of Japan-based Tokyo Electron, highlighting the islands strict stance on protecting critical semiconductor technologies. The court fined the company...

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...