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U.S. consumer confidence falls to 3-month low in October on labor market concerns

Oct 26, 2016 05:58 am UTC| Commentary Economy

Consumer confidence in the United States fell to a 3-month low during the period of October, following concerns over the countrys labor market and an equally unhealthy household condition. U.S. consumer confidence index...

Australian headline inflation rises above expectations in Q3

Oct 26, 2016 05:32 am UTC| Commentary

Australias inflation data came in mixed for the third quarter of 2016. The consumer price inflation accelerated to 0.7 percent in sequential terms, slight more than the market projections of 0.4 percent rise. Huge gains...

Australian bonds mixed amid stronger Q3 CPI numbers, energy prices fall on supply glut

Oct 26, 2016 05:29 am UTC| Commentary

The Australian government bonds traded mixed Wednesday after recent data showed that the countrys third-quarter consumer inflation climbed more than the overall market expectations, reducing possibilities for a further...

China’s consumer sentiment surges to 6-month high in October

Oct 26, 2016 05:28 am UTC| Commentary Economy

Consumer sentiment in China surged to a 6-month high during the period of October, led by strong gains in the willingness to spend more and in the components leading to theoutlook of current household finances. The...

U.S. home prices rise in August, stable momentum to continue this year and in next

Oct 26, 2016 04:43 am UTC| Commentary

In August, U.S. home prices, gauged by the SP CoreLogic Case-Shiller 20-city Home Price Index and the FHFA purchase-only House Price Index, rose from the previous month. Prices gauged by the former rose 0.2 percent...

FxWirePro: The Day Ahead- 26th October, 2016

Oct 26, 2016 04:13 am UTC| Commentary

Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: Consumer price index for thethird quarter grew by 0.7 percent, up 1.3 percent...

Asian markets in red, gold back above $1,270 mark

Oct 26, 2016 03:22 am UTC| Commentary

Asian indices were trading on a lower note on Wednesday. On the other side, gold and silver were trading on a higher note. Gold was trading around $1,275 mark and silver was trading around $17.84 mark. From the economic...

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Economy

Nasdaq Hits Record High as Tech Stocks Lift Wall Street

Wall Street stocks advanced on Monday as gains in mega-cap technology shares offset pressure from elevated Treasury yields, while the US dollar strengthened and oil prices declined. The Dow Jones Industrial Average gained...

European Stocks Diverge as French Fiscal Crisis Hits CAC 40

European stocks ended mixed on Monday as Frances worsening fiscal concerns pushed the CAC 40 to a six-month low, while stronger Eurozone business activity and softer U.S. employment data supported other regional markets....

Trump Plans Diesel Tax Relief as Fuel Prices Hit Record Highs

US President Donald Trump is preparing an executive order aimed at expanding access to tax-exempt diesel as his administration seeks to ease record fuel costs ahead of the November 3 elections, according to two people...

Oil Prices Fall as Middle East Exports Recover, G7 Eases Supply Fears

Oil prices fell in volatile Monday trading as recovering Middle East crude exports, a G7 emergency reserve release and renewed fighting in Yemen eased some concerns over global supply disruptions. Brent crude futures for...

Wall Street Rises as Oil Prices Ease, Nasdaq Hits Record

Wall Street closed higher Monday as easing oil prices and gains in materials and communication services helped stocks withstand another sharp sell-off in global bonds. The SP 500 gained 0.7% to 7,777.31, putting the...

Politics

US DOT Ends Airline Privacy Review Without Enforcement

The U.S. Transportation Department has concluded a review of privacy practices at the nations 10 largest airlines without imposing fines or taking enforcement action, according to a department memo. The airline privacy...

New York Declares Measles Disaster Emergency as Cases Surge

New York Governor Kathy Hochul declared a statewide disaster emergency on Monday in response to a growing measles outbreak, marking the first such declaration by a U.S. state since measles cases began rising sharply in...

ISIS Attack Near Kirkuk Kills Iraqi Policeman After US Withdrawal

At least one Iraqi federal police officer was killed and four others were wounded Monday after Islamic State militants attacked a security position southwest of Kirkuk, according to two security sources. The assault...

Trump Offers US Help to Russia After Plague Lab Worker Dies

US President Donald Trump said Monday that the United States is prepared to help Russia following the death of a laboratory worker at a plague research institute in Siberia, an incident that has triggered public health...

Cuba Says US Contacts Continue but Formal Talks Remain Stalled

Cuba and the United States continue to maintain communication channels, but no formal negotiations are currently underway as President Donald Trump intensifies pressure on Havana, according to Cubas top diplomat in...

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

Nvidia-Backed Reflection AI Launches Beam Open-Weight Model

Nvidia-backed startup Reflection AI has launched Beam, its first open-weight artificial intelligence model, as the U.S. company looks to challenge lower-cost Chinese AI models in coding and agentic tasks. Reflection AI...

Meta and Microsoft Cut Internal Claude AI Use

Meta Platforms and Microsoft are reducing their internal reliance on Anthropics Claude AI models as both technology giants encourage employees to adopt proprietary artificial intelligence tools, according to a report from...

Huawei, Qualcomm Sign Multi-Year AI and 5G Patent Deal

Chinas Huawei Technologies has reached a broad multi-year patent licensing agreement with Qualcomm covering key technologies including artificial intelligence, 5G, computing and networking, strengthening the companies...

Zcash NU7 Testnet Cuts Block Time to 25 Seconds

Zcash has activated its NU7 network upgrade on the public testnet, reducing the targeted time between transaction blocks from 75 seconds to 25 seconds as developers prepare for a potential November mainnet launch. NU7 went...

Firmus Grid IPO Draws Strong Demand, Nvidia and Blackstone Could Raise Stakes

Australian data centre operator Firmus Grid plans to reserve roughly half of the shares in its initial public offering for existing investors, potentially giving Nvidia and Blackstone an opportunity to increase their...
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