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Regulatory Series on Cryptocurrencies: How about monetary authorities like central banks and IMF developing cryptocurrencies?

May 29, 2019 12:55 pm UTC| Research & Analysis Digital Currency Insights & Views Commentary

Amid an idea of the evolution of the global currency system, we are witnessing the paradigm shift from the fiat currency system to a cashless economy, wherein a power struggle is playing out between who regulates and who...

Bank of Canada monetary policy preview

May 29, 2019 12:16 pm UTC| Commentary Central Banks

Today, the Bank of Canada (BoC) is to provide further guidance in policy meet. The result of the monetary policy meeting is scheduled to be announced at 14:00 GMT. No press conference scheduled today. Current policy...

Digital Currency Revolution Series: Tyler Winklevoss Bitcoin Obsession Continues Foreseeing Outperformance Over Bullion

May 29, 2019 11:16 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The entire cryptocurrency industry has seen a struggle ever since the U.S. SEC (Securities and Exchange Commission) declined the Winklevoss twins attempts of launching a bitcoin ETFs which has been applied by the...

FxWirePro: Sell DAX targeting 11500 area

May 29, 2019 11:06 am UTC| Commentary

Political uncertainties and developments in Europe are likely to weigh on the German benchmark index amid weakness in the economy. In last weeks election, pro-European Parties have secured two-thirds of the 751...

German bunds rise after disappointment from May unemployment report; April retail sales eyed

May 29, 2019 10:19 am UTC| Commentary Economy

The German bunds gained during European trading session Wednesday after investors turned gloomy following a disappointing jobless report for the month of May, while eyes still remain on the upcoming retail sales data for...

FxWirePro: Sell DJIA targeting 22500

May 29, 2019 09:56 am UTC| Commentary

U.S. blue-chip index, Dow Jones Industrial Average (DJIA)0 to face further decline as China steps up its own effort to counter U.S. tariff of 25 percent on Chinese goods worth $250 billion. China has already imposed...

SEK likely to appreciate vs euro owing to continued monetary policy normalisation in Sweden, says Commerzbank

May 29, 2019 09:41 am UTC| Commentary Economy

The Swedish krona is expected to appreciate against the euro owing to the continued normalisation of monetary policy in Sweden, according to the latest research report from Commerzbank. Riksbanks Executive Board is...

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Economy

Soybean Futures Slip as Traders Await Trump-Xi Trade Signals

Chicago soybean futures edged lower on Thursday as traders closely watched Chinese President Xi Jinpings state visit to Washington for signs of progress on U.S.-China agricultural trade and future soybean purchases. CBOT...

European Stocks Fall as Bond Yields and Geopolitical Risks Weigh

European stocks closed lower on Thursday as rising bond yields, geopolitical uncertainty in the Middle East and concerns surrounding artificial intelligence weighed on investor sentiment. The pan-European STOXX 600 dropped...

Trump, Xi Focus on Trade and AI at White House Summit

U.S. President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday, opening high-level talks focused on trade, artificial intelligence, security and broader U.S.-China relations. Xis trip...

Oil Prices Jump 3% as Houthi Attack Revives Supply Fears

Oil prices surged about 3% on Thursday, with Brent crude reaching a one-week high after a Houthi missile attack on Saudi Arabia renewed concerns over Middle East supply disruptions. Gains eased later as reports emerged...

Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets

Wall Street finished mostly unchanged on Thursday after a volatile session driven by surging oil prices, rising U.S. Treasury yields and increasingly hawkish Federal Reserve signals. The SP 500 closed nearly flat at...

Politics

Trump Asks Supreme Court to Restore Third-Country Deportations

President Donald Trumps administration asked the U.S. Supreme Court on Thursday to allow it to continue deporting migrants to countries other than their homelands without automatically giving them an opportunity to raise...

Netanyahu Defends Israel at UN as Delegates Stage Walkout

Israeli Prime Minister Benjamin Netanyahu delivered a defiant address to the United Nations General Assembly on Thursday, defending Israels military actions as dozens of delegates walked out in protest. The speech came as...

US Backs Musk in Fight Against EU’s €120 Million X Fine

The U.S. government has formally moved to join Elon Musks legal challenge against a 120 million ($136.5 million) European Union fine imposed on his social media platform X, escalating a dispute over the reach of European...

Netanyahu’s Brief US Trip Highlights Strains With Trump

Israeli Prime Minister Benjamin Netanyahu is expected to make an unusually short visit to the United States for his UN General Assembly address, underscoring signs of strain in US-Israel relations ahead of Israels October...

Abbas Reaffirms November 28 Palestinian Elections

Palestinian President Mahmoud Abbas reaffirmed plans to hold legislative elections on November 28, potentially marking the first Palestinian parliamentary vote in two decades, even as political and logistical obstacles...

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

Former OpenAI Data Center Chief Chris Malone Joins Nvidia

Chris Malone, the former head of data centers at OpenAI, has joined Nvidia as vice president of its DSX Platform, strengthening the chipmakers leadership team as demand for artificial intelligence infrastructure continues...

Akamai Shares Surge on $11.6B Anthropic AI Cloud Deal

Akamai Technologies shares jumped as much as 20% in after-hours trading Thursday after the cloud computing company announced an $11.6 billion, seven-year agreement with artificial intelligence firm Anthropic. The contract...

Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays

Oracle Corp. shares fell after reports that the technology giant is seeking protection from financial obligations linked to its massive artificial intelligence data center project in New Mexico amid regulatory and...

BlackBerry Shares Rise as Q2 Earnings, Revenue Beat Estimates

BlackBerry shares climbed more than 2% in premarket trading Thursday after the cybersecurity and software company reported stronger-than-expected second-quarter results and issued an upbeat full-year revenue outlook....

Apple Extends Qualcomm Patent Licensing Deal

Qualcomm said Thursday that Apple has extended its patent-licensing agreement with the U.S. chip designer, maintaining a key part of their relationship even as the iPhone maker works to reduce its dependence on Qualcomm...
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