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Chart of the Day Series

Chart of the Day: immigration hosts and senders

Jan 30, 2017 17:48 pm UTC| Commentary

The recent travel ban from 7 largely Muslim-dominated countries to the United States by the executive order of President Donald Trump made this chart a hit across the globe and it shows that the United States is by far the...

Central Banking Series

Central Bank of Russia likely to keep rates on hold at 10 pct at Feb 3 policy meet

Jan 30, 2017 16:38 pm UTC| Commentary Economy

Russian central bank meets Friday, 3rd February to decide policy rate. The central bank is widely expected to maintain its interest rate at 10 percent. Russias macroeconomic policy has been more stable and stronger after...

Eurozone 4Q growth likely to remain firm, broad-based improvement across the euro area to underpin

Jan 30, 2017 16:11 pm UTC| Commentary Economy

Euro area, the week ahead is packed with economic releases, including Q4 GDP and inflation figures. Survey indicators such as PMIs, Ifo and consumer confidence have suggested solid growth in Q4. The data releases showed...

New Zealand labour market to tighten further, Q4 unemployment rate likely to fall to 4.7 pct - ANZ

Jan 30, 2017 15:09 pm UTC| Commentary Economy

Markets await New Zealand labour market data on Wednesday which may show the jobless rate held below 5 percent. Despite record net migration and the highest participation rate ever, firms are finding it difficult to find...

Oil demand unlikely to peak anytime soon - IEA’s Birol

Jan 30, 2017 14:56 pm UTC| Commentary

International Energy Agency (IEA) executive director, Faith Birol, speaking on the side-lines of the GE Oil and Gas annual meeting in Florence said that he does not foresee oil demand peaking soon due to rising consumption...

New Zealand economy to continue to perform well - FM Steven Joyce

Jan 30, 2017 14:36 pm UTC| Commentary Economy

New Zealand finance minister Steven Joyce, speaking at an event in Wellington sounded optimistic about the New Zealands economy. Joyce said that he expects New Zealand economy to continue to perform well. Joyce said that...

FxWirePro: WTI supply-leg swings to lead price outlook

Jan 30, 2017 12:57 pm UTC| Insights & Views Commentary

The key pivot points in our price outlook remain dominated by supply-side developments. OPECs agreement will tighten balances in the short term. We look for a flatter futures curve structure to reflect the need to draw...

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Economy

G20 Divided Over US Push to Curb Industrial Overcapacity

A U.S.-led effort to tackle excess industrial capacity and non-market economic policies failed to secure unanimous support from Group of 20 trade ministers, highlighting persistent divisions among the worlds major...

Fed’s Hammack Says More Data Needed Before Next Rate Move

Federal Reserve Bank of Cleveland President Beth Hammack said policymakers have time to review additional economic data before determining their next move on U.S. interest rates, signaling that the latest weak jobs report...

AI Agents Could Disrupt Financial Services, Bernstein Says

Consumer AI agents could reshape financial services by reducing customer inertia and making it easier to switch between financial products, although trust, data access and regulatory hurdles may slow adoption, according to...

Middle East Oil Exports Recover as Tanker Costs Surge

Middle East oil exports are moving closer to pre-war levels, but record tanker rates, vessel shortages and disruptions around major shipping routes continue to put pressure on global energy markets, according to PVM Oil...

Fed’s Logan Signals 50 Basis Points More in Rate Hikes

Dallas Federal Reserve President Lorie Logan said Thursday that U.S. interest rates may need to rise by at least another 50 basis points as inflation remains above the Federal Reserves 2% target, although surging Treasury...

Politics

Iran Faces Rising Pressure as U.S. Builds Military Presence

Iran is coming under intensifying economic and military pressure as the United States strengthens its forces in the Middle East while regional oil exports recover toward pre-war levels, according to Bloomberg. The Trump...

Trump Heads to Ohio to Boost Husted in Tight Senate Race

U.S. President Donald Trump will campaign in Ohio on Saturday as Republicans fight to retain their narrow congressional majority, with the states closely contested U.S. Senate race emerging as a key midterm battleground....

Trump Says Iran War Could End Soon After Midterms

U.S. President Donald Trump said the Iran war could end very soon, possibly shortly after the November midterm elections, as fighting intensified in Yemen and security threats persisted around the Strait of Hormuz....

US Waives Egypt Military Aid Conditions Over Iran War Role

The United States has waived human rights conditions tied to $320 million in military aid for Egypt, citing Cairos security cooperation and its role following the start of the US-led war against Iran. Secretary of State...

Tsai Ing-wen to Visit US for Stanford Security Conference

Former Taiwan President Tsai Ing-wen will travel to the United States next week to speak at a Stanford University technology and national security conference, marking her first U.S. visit since leaving office in 2024. Tsai...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

SoftBank Shares Fall After $10 Billion OpenAI Investment

SoftBank Group shares dropped sharply on Friday after the Japanese technology conglomerate completed the final portion of its latest OpenAI investment, lifting its total investment in the artificial intelligence company to...

Amazon Eyes $8 Billion Nvidia Chip Spinoff to Fund AI Expansion

Amazon is exploring a plan to transfer roughly $8 billion worth of advanced Nvidia artificial intelligence chips to outside investors as the technology giant looks for new ways to finance its rapidly expanding AI...

California AG Subpoenas OpenAI Over AI Cybersecurity Incidents

California Attorney General Rob Bonta served OpenAI with an investigative subpoena Wednesday, escalating a state investigation into cybersecurity incidents involving the artificial intelligence company and its models. The...

WordPress Malware Uses Ethereum to Evade Removal

Security researchers have uncovered a persistent WordPress malware strain that uses Ethereum infrastructure for command-and-control communications, making infected websites unusually difficult to clean. According to...

DogeOS Launches Testnet to Bring DeFi Apps to Dogecoin

DogeOS has launched a public testnet designed to bring Ethereum-style decentralized finance applications to Dogecoin, potentially expanding DOGEs utility beyond payments and price speculation. The Ethereum-compatible...