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Thu, Jan 01, 2026 05:19 AM All times are UTC

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Currency snapshot (major pairs)

Mar 08, 2017 10:15 am UTC| Commentary

Dollar index trading at 101.92 (+0.10%) Strength meter (today so far) Euro -0.16%, Franc -0.01%, Yen -0.10%, GBP -0.33% Strength meter (since last week) Euro -0.62%, Franc -0.78%, Yen -0.06%, GBP -1.03% EUR/USD...

Briferendum Aftermath Series

Briferendum Aftermath Series: Second defeat for UK government at House of Lords

Mar 08, 2017 10:01 am UTC| Commentary

Prime Minister Theresa Mays Brexit bill suffered a second defeat at the House of Lordsafter the lawmakers rejected last week an amendment with regard to the rights of the people of the European Union who are staying in the...

FxWirePro: Is it time to long loonie?

Mar 08, 2017 09:41 am UTC| Commentary

Since late February this year, the financial market has increasingly priced a faster rate hikes from the United States, the oil price remained below $60 per barrel and has barely moved much after its mega spike post-OPEC...

German bunds slide ahead of ECB’s monetary policy decision

Mar 08, 2017 09:18 am UTC| Commentary

The German government bunds slid Wednesday as investors remain keen to watch the European Central Banks (ECB) monetary policy decision scheduled to be held on March 9. The yield on the benchmark 10-year bond, which...

Fed Hike Aftermath Series

Fed hike Aftermath Series: Faster rate hikes could spark dangers for foreign fixed exchange rates

Mar 08, 2017 08:39 am UTC| Commentary Economy Central Banks

Last December, policymakers at US Federal Reserve forecasted three rate hikes in 2017, however, the financial markets was in no mood to price them seriously, as in the past, two years prior to 2016 Fed didnt hike rates as...

EUR/USD likely to hit 1.02 in next few months, says Scotiabank

Mar 08, 2017 08:24 am UTC| Commentary Economy

The EUR/USD pair is expected to hit 1.02 level in the next few months. However, the EUR rallied through the start of the year on short-covering. Higher inflation, driven in part by rising fuel costs, prompted market...

Oil in Global Economy Series

Oil in Global Economy Series: Oil deal may not get renewed amid Saudi-skepticism

Mar 08, 2017 07:37 am UTC| Commentary

Will the OPEC deal be renewed in June? That is one question, which is still and likely to be debated over and over until we reach the date of the meeting. One positive thing about the OPEC deal has been the ability and...

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Economy

Trump Delays Tariff Increases on Furniture and Cabinets for One More Year

U.S. President Donald Trump signed a proclamation on Wednesday to delay planned tariff increases on upholstered furniture, kitchen cabinets, and bathroom vanities for an additional year, according to a statement from the...

USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers

The U.S. Department of Agriculture (USDA) has released new details on a $12 billion farm aid program aimed at supporting American farmers struggling with low crop prices and ongoing trade disputes. While the initiative is...

Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy

Two of Japans most influential business lobbying groups have called on the government to address the prolonged weakness of the yen, warning that the depreciating currency is driving up import costs, fueling inflation, and...

South Korea Exports Hit Record High as Global Trade Momentum Builds

South Koreas exports surged for a seventh straight month in December, closing out 2025 at an all-time high and surpassing the $700 billion mark for the first time, according to official government data released on...

U.S. Stock Futures Slip as Year-End Trading Turns Cautious

U.S. stock index futures edged lower on Tuesday evening as investors prepared for the final trading session of the year, with market sentiment dampened by thin liquidity, lingering Federal Reserve uncertainty, and fading...

Politics

Trump Administration Lifts Sanctions on Three Intellexa-Linked Executives

The administration of President Donald Trump has lifted U.S. sanctions on three executives previously linked to the controversial spyware consortium Intellexa, according to a notice published on the U.S. Treasury...

U.S. Intelligence Disputes Russia’s Claim of Ukrainian Drone Attack on Putin

U.S. national security officials have concluded that Ukraine did not attempt to assassinate Russian President Vladimir Putin or target one of his residences in a recent drone incident, according to a Wall Street Journal...

Pentagon Awards $328.5 Million Lockheed Martin Contract to Support Taiwan Air Force Amid Rising Tensions

The United States Department of Defense announced on Wednesday that Lockheed Martin has been awarded a major contract tied to foreign military sales to Taiwan, aimed at addressing what Washington describes as an urgent...

Trump Administration Clarifies Minnesota Childcare Funding Status Amid Fraud Claims

A day after senior officials in the Trump administration suggested that federal childcare funds for Minnesota had been frozen, the U.S. Department of Health and Human Services (HHS) clarified that no such freeze had...

UN Condemns Israel’s Move to Cut Utilities to UNRWA Facilities

United Nations Secretary-General António Guterres has strongly condemned Israels reported move to ban electricity and water supplies to facilities operated by the United Nations Relief and Works Agency for Palestine...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Neuralink Plans Automated Brain Implant Surgeries and Mass Production by 2026

Elon Musks brain-computer interface startup Neuralink is preparing for a major expansion, with plans to begin high-volume production of its brain implant devices and transition to fully automated surgical procedures in...

SoftBank Completes $41 Billion OpenAI Investment in Historic AI Funding Round

SoftBank Group has officially completed a massive $41 billion investment in OpenAI, marking one of the largest private funding rounds in global technology history. The deal gives the Japanese conglomerate an estimated 11%...

Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power

Elon Musk announced on Tuesday that his artificial intelligence startup, xAI, has acquired a third building to further expand its computing infrastructure, signaling a major step in the companys effort to compete with...

ByteDance Plans Massive AI Chip Spending Boost as Nvidia Demand Grows in China

Chinas technology giant ByteDance is preparing to significantly ramp up its artificial intelligence investment, with plans to spend about 100 billion yuan (approximately $14 billion) on AI chips in 2026, according to a...

Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026

Samsung Electronics has obtained an annual licence from the United States government that allows the South Korean technology giant to import critical semiconductor manufacturing equipment into its China-based facilities...