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Chart of the Day Series

Chart of the Day: Peso power

Mar 03, 2017 17:17 pm UTC| Commentary

The Mexican peso is enjoying its best day in months as Donald Trumps secretary offers support to stabilize the exchange rate. He doesnt want a return of the tequilacrisis of 1994when capital flights caused adevaluation of...

Eurozone retail sales disappoints in January, declines for third consecutive month

Mar 03, 2017 16:32 pm UTC| Commentary

Retail sales across the eurozone fell for a third straight month in January missing market expectations of a rise. Data released by Eurostat on Friday showed retail sales in the 19 countries sharing the euro fell by 0.1...

UK services PMI below forecasts, signals slowdown in Q1 growth

Mar 03, 2017 15:28 pm UTC| Commentary

Februarys service sector PMI data from IHS Markit and the CIPS came in below analyst expectations in a sign the UK economy is slowing down at a faster-than-anticipated rate. UK service PMI for February printed at 53.3,...

U.S. initial jobless claims fall more-than-expected, drop to over 40-year low

Mar 03, 2017 15:13 pm UTC| Commentary

U.S. first-time claims for unemployment benefits fell to their lowest level in over forty years in the week ended February 25th, labor department report on Thursday showed. Initial jobless claims unexpectedly fell to...

Japan's core inflation rises for 1st time since December 2015

Mar 03, 2017 14:51 pm UTC| Commentary

Government data showed Friday that Japanese consumer prices halted a long string of declines and picked up in January for the first time in almost a year. Japans core consumer price index, which excludes the cost of fresh...

China service sector growth slows to 4-month low in February - Caixin

Mar 03, 2017 14:32 pm UTC| Commentary

Caixin China services purchasing managers index slipped to 52.6 in February from 53.1 in January, Caixin Media and research firm Markit said. Findings echoed a similar softening in growth in Chinas official services...

Mexican Peso finds relief from US treasury secretary

Mar 03, 2017 14:08 pm UTC| Commentary

This may seem a little surreal. US treasury secretary under the Trump administration, Wilber Ross is talking of steps to stabilize the US dollar/ Mexican peso exchange rate. Speaking on CNBC today, Mr. Ross suggested that...

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Economy

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...

Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine

Asian stocks edged lower on the final trading day of the year, capping a period in which investors largely looked past tariff-related uncertainty and instead focused on the powerful rally in artificial intelligence chip...

U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom

The U.S. dollar held steady in thin year-end trading but remained on track for its sharpest annual decline since 2017, as a mix of interest rate cuts, fiscal concerns, and uncertainty around U.S. trade policy weighed...

Politics

Zelenskiy Says Ukraine Seeks Strong Peace Deal, Rejects “Weak” Agreement in New Year Address

Ukrainian President Volodymyr Zelenskiy used his New Year address to clearly state that Ukraine wants the war with Russia to end, but not at the expense of its sovereignty or future security. Speaking late Wednesday from...

Jack Smith Testimony Claims Trump Privately Admitted 2020 Election Loss, Transcript Shows

Former U.S. Justice Department special counsel Jack Smith stated in sworn testimony that Donald Trump privately acknowledged losing the 2020 presidential election to Joe Biden, according to a newly released transcript from...

Trump Ends National Guard Deployments in Major Cities Amid Legal Setbacks and Crime Debate

U.S. President Donald Trump announced Wednesday that his administration is withdrawing National Guard troops from Chicago, Los Angeles, and Portland, while warning that federal forces could return if crime rates rise...

Philippines Challenges Chinese Research Vessel Spotted Near Cagayan Coast

The Philippine Coast Guard (PCG) has deployed an aircraft to challenge a Chinese deep-sea research vessel spotted operating near the northern Philippines, underscoring rising maritime tensions in the West Philippine Sea...

Salvador Nasralla Challenges Honduras Election Results Amid Fraud Allegations

Honduran presidential candidate Salvador Nasralla has formally challenged the results of Honduras recent presidential election, intensifying political tensions following a narrowly decided and controversial vote. Nasralla,...

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...