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Thu, Oct 08, 2026 09:04 PM All times are UTC

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Asian markets rally on the back of positive global sentiments, Gold around $1250 and Silver rises nearly 3 pct

Apr 21, 2016 04:24 am UTC| Commentary

All the Asian markets are trading on a higher note on Thursday. Japanese markets continue to trade higher while Chinas stock market opened mix and there after turns positive. On the other side, Japanese Yen gains in early...

China’s economy weakens in Q1 despite proactive PBoC policy

Apr 20, 2016 15:38 pm UTC| Commentary

Chinas economy expanded by 6.7% y/y in Q1 2016 compared to 6.8% in Q4 2015. The qoq growth rate even fell from 1.5% in Q4 to just 1.1% in Q1. The weakness was seen despite a proactive policy easing from the PBoC and the...

Russia's GDP to decline by 1.3% by end-2016, household consumption to be a major drag

Apr 20, 2016 15:05 pm UTC| Commentary

Preliminary estimates showed that Russian GDP contracted by 1.7%-2% in Q1, slightly better than expected. Industrial production increased by 0.4% m/m (seasonally adjusted). Some leading indicators such as freight turnover...

FX Hedging Strategy Series

FxWirePro: EURO rates strategy ahead ECB’s meeting

Apr 20, 2016 14:49 pm UTC| Commentary

Euros strength considerably EUR/USD has appreciated by almost 1.13% since last Thursday. In view of general USD weakness and in view of general risk-on sentiment on the FX market that is not a move that would require...

Malaysia's inflation is normalising from peaks, will still remain higher y/y in 2016

Apr 20, 2016 14:40 pm UTC| Commentary

The Statistics Department said on Wednesday the March CPI increased by 2.6% to 113.8 compared with 110.9 in the same month last year. On a monthly basis, CPI for March 2016 decreased 0.6% to 113.8 from 114.5. CPI for the...

Benign inflation outlook to prompt further RBI easing

Apr 20, 2016 13:55 pm UTC| Commentary

The Indian Meteorological Department (IMD) said on 12 April that there is a high chance of an above-normal monsoon rainfall this year. On the back of the above forecasts analysts expect Indias inflation outlook to remain...

API reports surplus, while WTI awaits EIA report – calls updated

Apr 20, 2016 13:51 pm UTC| Commentary

WTI is trading at key resistance area at $41.8/barrel. Key factors at play in Crude market Doha talks failed to secure a freeze deal over the weekend, largely due to Saudi opposition, who demanded for Iran to...

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Economy

US, EU Push for Action Against Asia’s Excess Factory Capacity

U.S. Trade Representative Jamieson Greer said Thursday that European Union countries have reached a broad consensus on the need to address global manufacturing overcapacity, particularly in Asia, as concerns grow over its...

Wall Street Falls as Oil Prices Rise and Tech Stocks Slide

Wall Street stocks declined for a second consecutive session on Thursday as rising oil prices, Treasury market volatility, and concerns over OpenAIs revenue outlook weighed on investor sentiment. At 13:07 ET, the SP 500...

Oil Prices Trim Gains After Trump Rules Out Iran Strikes Before Midterms

Oil prices reduced earlier gains on Thursday after U.S. President Donald Trump announced that Washington would not launch military strikes against Iran before the November 3 midterm elections, easing concerns over further...

Iran Refuses to Halt Uranium Enrichment Amid US Nuclear Demands

Iran has reaffirmed its refusal to suspend uranium enrichment or surrender its uranium stockpile, escalating tensions with the United States as diplomatic efforts continue to end the ongoing conflict and reopen the Strait...

Gold Prices Rise as Hormuz Tensions Fuel Inflation Risks

Gold prices moved higher on Thursday, recovering from their lowest level since early August as renewed tensions around the Strait of Hormuz increased concerns over energy supplies and inflation. Expectations that the...

Politics

Trump Buys Up to $25M in Meta Stock, Invests in SpaceX Debt

Meta Platforms (NASDAQ: META) shares briefly climbed more than 1% after President Donald Trumps latest financial disclosure revealed a stock purchase worth up to $25 million. The shares later trimmed their gains as...

US Charges Maduro and Wife With Torture Conspiracy

US prosecutors have filed new torture conspiracy charges against former Venezuelan President Nicolas Maduro and his wife, Cilia Flores, expanding an existing drug trafficking case ahead of their scheduled trial in 2027....

Zelenskiy Criticizes US as Russian Strikes Kill 78 in Ukraine

Ukrainian President Volodymyr Zelenskiy accused the United States of failing to provide sufficient support after Russian airstrikes killed 78 people and injured 215 across Ukraine over two days, intensifying tensions over...

ICC Rules Duterte Fit to Stand Trial in Drug War Case

The International Criminal Court (ICC) has ruled that former Philippine President Rodrigo Duterte is medically fit to stand trial, clearing a major legal hurdle ahead of proceedings scheduled to begin on November 30. The...

Berlin Coalition Talks Advance After Left Party Antisemitism Deal

Germanys Left Party has agreed to new measures addressing antisemitism, clearing a major obstacle to coalition negotiations with the Social Democrats (SPD) and Greens following Berlins September 20 state election. The...

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

OpenAI Annualized Revenue Hits $50 Billion, Below Earlier Estimates

OpenAIs annualized revenue reached approximately $50 billion by the end of September 2026, significantly below the $70 billion previously reported to investors, according to financial documents reviewed by the Financial...

Oracle Uses Trucked Natural Gas to Power AI Data Centers Amid Pipeline Delays

Oracle Corp. is transporting natural gas by truck to several data centers across the United States as delays in pipeline construction threaten the companys artificial intelligence infrastructure expansion plans, Bloomberg...

Apple Names Steve Smith M&A Chief in Leadership Shakeup

Apple Inc. is making significant changes to its executive leadership, appointing Steve Smith as its new head of mergers and acquisitions (MA) as the technology giant continues restructuring its management team under newly...

Anthropic Launches Claude Dashboards and Motion AI Tools

Anthropic has introduced two new artificial intelligence tools, Claude Dashboards and Claude Motion, expanding its workplace productivity offerings as competition intensifies among AI companies seeking to attract business...

US Suspends Microsoft, Adobe From Green Card Program

The U.S. government has suspended Microsoft, Adobe, and several major IT companies from a federal employment-based green card program as the Trump administration intensifies scrutiny of foreign worker hiring practices....