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FxWirePro medium term outlook: WTI target extended to $68 per barrel

Oct 18, 2016 10:08 am UTC| Commentary

In a previous article named, FxWirePro: WTI is likely to extend rally by another 10 percent, available at http://www.econotimes.com/, we suggested buying WTI at then current price of $48.2 per barrel, targeting $53.5 area....

Poland’s retail sales growth likely slowed marginally in September

Oct 18, 2016 09:35 am UTC| Commentary

Polands retail sales growth likely slowed marginally in September. According to a Societe Generale research note, retail sales growth are expected to have decelerated to 5 percent year-on-year in September from 5.6 percent...

Renminbi Series

China new yuan loans rise in September, loan growth likely to cool in Q4

Oct 18, 2016 09:21 am UTC| Commentary Economy

New yuan loans in China rose during the month of September, remaining well above what markets had initially anticipated. However, the growth of loans is expected to cool down in the fourth quarter as local governments...

German bunds trade nearly flat ahead of 30-year auction, ECB’s policy decision also in focus

Oct 18, 2016 09:14 am UTC| Commentary

The German bunds traded nearly flat Tuesday ahead of the super-long 30-year note auction. Also, investors await the European Central Bank monetary policy decision for further market directions scheduled to be released...

Hong Kong’s jobless rate remains stable in September, short-term outlook remains overshadowed

Oct 18, 2016 09:06 am UTC| Commentary

The seasonally adjusted jobless rate of Hong Kong remained flat in September. The latest labor force statistics by the Census and Statistical Department showed that the unemployment rate stood at 3.4 percent in the three...

U.S. September core inflation expected to rise, likely to remain unchanged on year

Oct 18, 2016 08:39 am UTC| Commentary Economy

Core inflation in the United States is expected to slightly rise during the month of September, although is likely to remain unchanged on an annual basis. Core inflation has moved sideways throughout 2016 looking at both...

China’s industrial recovery likely to have continued in September

Oct 18, 2016 08:37 am UTC| Commentary

Chinas real GDP growth is likely to decelerate just marginally in the third quarter; however, nominal output growth is expected to accelerate significantly due to faster improvement in producer prices. According to a...

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Economy

China's Economy Surpasses Q1 2026 Growth Forecasts

Chinas economy outperformed expectations in the first quarter of 2026, with official GDP data released Thursday confirming a 5% year-on-year expansion ahead of the 4.8% analysts had forecast and a notable acceleration...

China's New Home Prices Continue to Fall in March Despite Signs of Recovery in Major Cities

Chinas new home prices extended their downward trend in March, according to fresh data released by the National Bureau of Statistics, though some of the countrys largest cities began showing modest month-on-month...

China's Economy Shows Resilience Amid Global Headwinds in March

Chinas industrial output climbed 5.7% year-on-year in March, according to data released by the National Bureau of Statistics, surpassing analyst forecasts of 5.5% from a Reuters poll of 36 economists. Despite the...

Australia's Job Market Holds Firm in March 2026 with Strong Full-Time Hiring

Australias labor market demonstrated resilience in March 2026, with employment figures rising broadly in line with analyst expectations. Data released Thursday by the Australian Bureau of Statistics (ABS) revealed a net...

U.S. Stock Futures Rise as S&P 500 and Nasdaq Reach Record Highs

U.S. stock index futures edged higher on Wednesday evening following a strong session that pushed the SP 500 and Nasdaq Composite to all-time highs, fueled by diplomatic optimism and encouraging corporate earnings results....

Politics

Russia Launches Deadly Missile and Drone Strikes Across Ukraine, Killing Three Including a Child

Russian forces launched a wave of missile and drone attacks on multiple Ukrainian cities in the early hours of Thursday, leaving three people dead among them a 12-year-old boy and wounding more than 20 others. The...

Federal Judge Dismisses DOJ Lawsuit Attempting to Block Hawaii's Climate Case Against Oil Giants

A federal judge in Honolulu has dismissed a Trump administration lawsuit that sought to prevent Hawaii from pursuing climate change litigation against major fossil fuel companies in state court. U.S. District Judge Helen...

Pentagon Taps Auto Giants to Supercharge U.S. Weapons Production

The Pentagon is in early discussions with major American manufacturers including automotive leaders General Motors and Ford Motor about redirecting a portion of their factory capacity and workforce toward producing...

U.S. Senate Blocks Resolutions to Halt $450 Million Weapons Sale to Israel

The U.S. Senate voted Wednesday to reject two resolutions that sought to block approximately $450 million in military equipment sales to Israel, including bombs and bulldozers. Republicans united in opposition to the...

DHS Shutdown Delays World Cup Security Planning Despite Full Funding Release

The U.S. government has successfully released all $625 million in federally approved security funding for the 2026 FIFA World Cup, but an ongoing shutdown at the Department of Homeland Security continues to disrupt...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Sam Altman Moves to Dismiss Punitive Damages in Sister's Sexual Abuse Lawsuit

Sam Altman, co-founder and CEO of OpenAI, has filed a motion in St. Louis federal court seeking to strike punitive damages from a civil lawsuit brought by his sister, Annie Altman, who accuses him of repeated sexual abuse...

Samsung Races to Deliver Next-Gen HBM4E Memory Samples to Nvidia

Samsung Electronics is pushing hard to deliver engineering samples of its next-generation HBM4E high-bandwidth memory to Nvidia as early as next month, according to South Korean outlet ChosunBiz. The move signals Samsungs...

ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges

ASML Holding N.V. lifted its full-year 2026 revenue forecast after the Dutch semiconductor equipment giant surpassed first-quarter profit and sales expectations. The results were fueled by accelerating AI-driven chip...

Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban

Despite a formal directive from President Donald Trump ordering federal agencies to stop using Anthropics artificial intelligence technology, multiple U.S. government bodies have been quietly evaluating the companys latest...

KKR's $820M Investment Fuels Samsung SDS AI Expansion, Sending Group Shares Soaring

Samsung Group stocks rallied sharply on Wednesday following KKRs announcement of a major strategic partnership with Samsung SDS, reigniting investor confidence in the conglomerates artificial intelligence and digital...
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