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Australian bonds gain as FOMC July minutes dampen prospects for rate hike this year

Aug 18, 2016 05:49 am UTC| Commentary

The Australian government bonds gained Thursday as FOMC July meeting minutes indicated that FOMC officials were split on whether a rate hike was needed soon that dampened prospects for a rate hike this year. The yield...

China’s housing prices continue uneven recovery

Aug 18, 2016 04:52 am UTC| Commentary Economy

According to the data from Chinas National Bureau of Statistics (NBS), the prices for new residential homes rose by 7.9 percent in July from a year back. Prices rose in 58 out of 70 cities surveyed on ayearly basis and...

FxWirePro: The Day Ahead- 18th August, 2016

Aug 18, 2016 04:22 am UTC| Commentary Economy

Lots of economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far: China: House price index rose 7.9 percent in July. Australia: Employment rate...

Most Asian markets in green, gold and silver higher

Aug 18, 2016 03:14 am UTC| Commentary

Majority Asian indices are trading on a higher note on Thursday. Aussie gains n the early hours of Asia on the back of higher than expected employment data. On the other side, gold and silver were trading higher in early...

Moody's maintains stable outlook on Swiss banking system expects Swiss GDP to grow 1.4 pct in 2016

Aug 17, 2016 15:38 pm UTC| Commentary

Moodys Investors Service on Wednesday maintained a stable outlook on Switzerlands banking system. In its latest review of the Swiss banking and financial sector, the US ratings agency said that it expects bank...

Chart of the Day Series

Chart of the Day: Market at odds with Fed over hike

Aug 17, 2016 15:27 pm UTC| Commentary

Influential policymakers of the FOMC suggest that rate hike is on the table in September meeting but the market says not likely. The market is attaching just around 15 percent chance of a hike in September and 50 percent...

Verbal intervention by Japanese authorities may only temporarily halt yen strength

Aug 17, 2016 15:03 pm UTC| Commentary

The Japanese yen hit multi-week highs of 99.53 against the US dollar on Tuesdays trade, before paring some gains to close just above the 100 mark. Apart from broad-based US dollar strength, the yen has been undermined...

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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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