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Sterling depreciation likely to drive sharper pace of price increase in UK

Sep 22, 2016 15:38 pm UTC| Commentary

The pound sterling which has depreciated around 18 percent from its 2015 peak on a trade-weighted basis is likely to be the key driver of UK inflation outlook. Despite a rise in energy prices UK headline and core inflation...

Turkey's consumer confidence eases marginally in September

Sep 22, 2016 14:58 pm UTC| Commentary

Survey was carried out in cooperation with the Turkish Statistical Institute and Central Bank of the Republic of Turkey (CBRT) showed on Thursday that Turkeys consumer confidence eased marginally in September. Turkeys...

Commodities snapshot (energy)

Sep 22, 2016 14:43 pm UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is gaining sharply as the inventories in the United States dropped sharply. EIA report showed 6.5 million...

French business confidence improves slightly in September

Sep 22, 2016 14:23 pm UTC| Commentary

French statistical office Insee published France business climate indicator which showed an improvement of one point to 102 after dipping last month. Data was better than economists expectations for a flat reading....

BoE FPC's quarterly statement highlights challenges for UK's financial stability after Brexit

Sep 22, 2016 14:06 pm UTC| Commentary

Bank of England Financial Policy Committee released its quarterly statement earlier on Thursday in which it said that Britain still faces a challenging period for financial stability despite resilience seen after the...

Commodities snapshot (precious & industrial)

Sep 22, 2016 14:00 pm UTC| Commentary

Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is rising again as the Fed refrained from raising interest rate. Todays range $1331-1338 We expect gold to reach...

Currency snapshot (commodity pairs)

Sep 22, 2016 13:37 pm UTC| Commentary

Dollar index trading at 95.13 (-0.39%) Strength meter (today so far) Aussie +0.42%, Kiwi -0.15%, Loonie +0.47% Strength meter (since last week) Aussie +2.75%, Kiwi +1.19%, Loonie +1.45% AUD/USD Trading at...

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Economy

Trump Opens Tax-Exempt Dyed Diesel Access as Fuel Prices Surge

U.S. President Donald Trump signed an executive order on Monday expanding access to tax-exempt dyed diesel as soaring fuel prices and global oil supply disruptions put pressure on American consumers and businesses. Under...

Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households

Australian consumer confidence fell sharply in October as households grew increasingly worried about rising living costs, higher interest rates, personal finances and the jobs outlook, according to data released Tuesday by...

Samsung, SK Hynix Shares Fall Ahead of Q3 Earnings

Shares of South Korean chip giants Samsung Electronics and SK Hynix declined on Tuesday as investors turned cautious ahead of their third-quarter earnings reports, despite broader strength across the global semiconductor...

Asian Currencies Steady as Dollar Holds Near 18-Month High

Asian currencies traded mostly flat on Tuesday as the U.S. dollar remained close to an 18-month high, supported by elevated Treasury yields and persistent inflation concerns. The euro stayed under pressure near a 17-month...

Asian Stocks Rise as Nasdaq Record Offsets Bond Yield Pressure

Asian stocks traded mostly higher on Tuesday, supported by a record close on the Nasdaq, although surging U.S. Treasury yields and elevated oil prices kept investors cautious. Wall Street provided a positive lead after the...

Politics

Becton Dickinson to Invest $3 Billion in U.S. Medical Manufacturing

Becton Dickinson and Co. (NYSE: BDX) has agreed to invest $3 billion to expand medical-product manufacturing in the United States, President Donald Trump announced Tuesday, as his administration seeks to strengthen...

OpenAI, Anthropic Back Mandatory AI Breach Reporting in Australia

OpenAI and Anthropic said they would support Australian laws requiring artificial intelligence companies to report data breaches caused by AI agents, as lawmakers consider tougher AI regulation following several security...

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...

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...

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

DeepSeek Seeks $12 Billion Funding Round Backed by Tencent, CATL

Chinese artificial intelligence powerhouse DeepSeek is preparing to raise at least 80 billion yuan ($12 billion) in a major funding round backed by Tencent and battery giant CATL, Bloomberg reported on Tuesday. DeepSeek...

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...
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