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Danish economic growth likely to move higher in coming quarters, says Danske Bank

Nov 15, 2016 12:35 pm UTC| Commentary

Denmarks economic growth last year had come in 3.4 percent higher than anticipated earlier, which stemmed from higher GDP growth every year since the crisis, particularly in the past couple of years. This signifies that...

U.S. Government bonds trade narrowly mixed ahead of retail sales data

Nov 15, 2016 12:32 pm UTC| Commentary

The United States Treasuries traded narrowly mixed Tuesday as markets await greater flow of data on Tuesday, highlighted by retail sales, Empire manufacturing, import prices and business inventories releases. The yield...

Taiwan likely to grow 2 pct in 2017, although still below potential

Nov 15, 2016 12:24 pm UTC| Commentary Economy

The Taiwanese economy is expected to grow by about 2% in 2017, faster than in 2016 but still below potential. Also, the labor market will recover but not significantly, while inflation will remain stable and low at about 1...

Australia’s wage growth likely to have risen marginally in Q3

Nov 15, 2016 12:21 pm UTC| Commentary

Australias monthly jobless rate had peaked in July 2015 and has since fallen by 0.7 percentage points. In quarter-on-quarter terms, the turning point was in the first quarter of 2015. However, wage growth is yet to show...

U.K unemployment rate seems to have remained stable in September

Nov 15, 2016 12:08 pm UTC| Commentary

U.K. unemployment is expected to have stayed stable in September. The set of labor data for this month is expected to have been quite undramatic with very little movement in the key figures, noted Societe Generale in a...

Chinese yuan to remain under depreciating pressure against US dollar, USD/CNY to trade around 7.00 by end-2017

Nov 15, 2016 12:07 pm UTC| Commentary

The Chinese yuan is expected to stay under moderate depreciating pressure against the U.S. dollar, according to a Scotiabank research note. This is due to the constant, yet gradual capital outflows from China and the fact...

Fed rate hike expectations likely to outweigh on BoJ’s policy outlook in near-term

Nov 15, 2016 11:59 am UTC| Commentary Economy Central Banks

Fed rate hike expectations and the USDs movements will likely continue to outweigh the BoJs policy outlook to drive market developments in the near term. The dollars broad-based rally, as a result of high expectations...

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Economy

OPEC+ Expected to Hold November Oil Output Quotas Steady

OPEC+ is expected to keep oil production quotas unchanged for November as the ongoing Middle East conflict continues to disrupt crude supplies from several major producers, according to Bloomberg. Seven key members of the...

High Rates Weigh on U.S. Home Improvement Demand

Uncertainty over interest rates, energy prices, housing affordability and geopolitical risks is pressuring the U.S. home improvement industry in 2026, with Citi analysts warning that sluggish conditions could extend into...

Scope Warns US Debt Could Hit 160% of GDP

Scope Ratings warned that the United States is becoming increasingly vulnerable to shifts in investor sentiment as persistent budget deficits drive government debt and interest costs higher. The European credit ratings...

Bank of America Sees EUR/USD at 1.15 by Year-End

Bank of America expects the euro to strengthen against the U.S. dollar over the coming year, forecasting EUR/USD will reach 1.15 by the end of this year before climbing to 1.20 by the end of 2027, according to a research...

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...

Politics

Bosnia Election Puts EU Bid and Foreign Influence in Focus

Bosnians voted Sunday in national and regional elections that could shape the countrys European Union membership ambitions and the influence of the United States and Russia in the Balkan nation. Voters are choosing members...

Iran Keeps Strait of Hormuz Closed as War Talks Stall

Iran said Sunday that the Strait of Hormuz will remain closed until Washington accepts seven conditions tied to the Islamabad Memorandum, as negotiations to end the seven-month U.S.-Israeli war with Iran remain deadlocked....

Russia Strikes Kyiv Bridge as Ukraine Infrastructure Attacks Escalate

Russian forces targeted Kyivs Pivnichnyi Bridge with a drone for a second straight day on Sunday, intensifying attacks on critical infrastructure across Ukraine as fighting continued in several regions. Ukrainian President...

Merz Pledges €1 Billion in Ukraine Aid During Kyiv Visit

German Chancellor Friedrich Merz pledged fresh military and energy support for Ukraine during a visit to Kyiv on Sunday, as Russian strikes triggered air raid sirens and explosions across the Ukrainian capital. Merz met...

Japan Protests to US After Marine Arrested in Okinawa Murder Case

Japanese Prime Minister Sanae Takaichi lodged a formal protest with the United States on Sunday after a U.S. Marine was arrested in Okinawa on suspicion of robbing and murdering a Japanese woman. Japanese police said Devin...

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

UK Warned Over Growing Reliance on US Cloud Providers

Britains increasing dependence on U.S. cloud computing companies for critical government services could create a major strategic and economic vulnerability, lawmakers have warned, raising concerns about data sovereignty...

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...

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...
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