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UK gilts sag following solid rebound in equities

Aug 23, 2016 10:31 am UTC| Commentary

The UK gilts saw sharp selling Tuesday alongside a solid rebound in equities on Tuesday during a relatively quiet session. The yield on the benchmark 10-year gilts rose 2-1/2 basis points to 0.584 percent, the super-long...

Euro zone composite PMI unexpectedly touches seven-month high in July

Aug 23, 2016 10:26 am UTC| Commentary

Euro zones composite Purchasing Managers Index (PMI) touched a seven-month high in July, in contrast to market consensus for a marginal fall. There were very mixed readings within the data even though there was a gain in...

FX Hedging Strategy Series

FxWirePro: Rosy times for both AUD/JPY writers and holders to construct Put Ratio back Spreads on hedging grounds

Aug 23, 2016 09:57 am UTC| Commentary

This pair has been oscillating between 76.739 and 76.065 levels, showing mild upswings but long term declining trend seems to be intact as you can see the convincing volumes and technical indicators favouring bears on the...

Global Geopolitics Series

Russia faces setback in Iran over airbase use

Aug 23, 2016 09:52 am UTC| Commentary

Iran showed Russia that it needs to play by its rulebook, no matter how powerful and influential they are. In a setback to Russia, Iran announced that it is halting the use of its airbase by Russian jets over a show-off....

German services PMI touches 15-month low in August, likely to expand in near term

Aug 23, 2016 09:50 am UTC| Commentary

German services sector dripped during the month of August, with the countrys flash Purchasing Managers Index (PMI) manufacturing index declining slightly to a three-month low. However, it is expected to recover soon and...

Eurozone periphery bonds plunge as mixed PMI data indicates economic recovery

Aug 23, 2016 09:39 am UTC| Commentary

The Eurozone periphery bonds plunged Tuesday after recent purchasing managers index data showed that unions economic recovery gained speed in August despite the UKs decision to leave the European Union. The French...

CBRT likely to keep its benchmark rates on hold

Aug 23, 2016 09:35 am UTC| Commentary

The Central Bank of Turkey is expected to keep its benchmark rates unchanged during its meeting today at 7.5 percent, according to consensus expectations. However, the central bank is likely to lower its overnight lending...

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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

Trump Envoy Meets Sudan Army Chief in Egypt

A senior envoy for U.S. President Donald Trump attended an event in Egypt alongside Sudanese army chief Abdel Fattah al-Burhan as Washington continues efforts to find a political solution to Sudans devastating civil war....

France Student Protests Intensify Nationwide

France faced widespread high-school blockades and union-backed demonstrations on Tuesday as students stepped up pressure on President Emmanuel Macrons government over teacher shortages, deteriorating school buildings and...

Flavio Bolsonaro Surges as Family Scores Brazil Election Comeback

Brazils election delivered a dramatic political comeback for the Bolsonaro family, even though former President Jair Bolsonaro was not on the ballot. Bolsonaro, 71, is under house arrest while serving a 27-year sentence...

Trump Gaza Peace Plan Stalls as Israel Retains Control

US President Donald Trumps Gaza peace plan remains stalled a year after its launch, with Israel retaining control over roughly two-thirds of the enclave and continuing near-daily strikes despite an October 2025 ceasefire....

Trump Orders Firing Squad Execution for Fort Hood Gunman

President Donald Trump has approved the execution by firing squad of former U.S. Army Major Nidal Hasan, who was sentenced to death for killing 13 people in the 2009 Fort Hood shooting in Texas. Pentagon spokesperson Sean...

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

Zcash Prepares for NU7 Upgrade as Zebra Gets Key Security Fixes

The Zcash network is moving closer to its NU7 upgrade following a series of Zebra releases focused on security, performance and network stability. According to an engineering update from the official Zcash Foundation X...

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...

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...
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