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Fri, Oct 09, 2026 01:54 AM All times are UTC

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Australian bonds trade mixed after dovish FOMC minutes, firm equities

Apr 07, 2016 05:24 am UTC| Commentary

The Australian long-term bonds traded mixed on Thursday after dovish FOMC meeting minutes and improved risk appetite in equity markets. The benchmark 10-year bonds yield, which is inversely proportional to bond price rose...

Guide to today’s important data and events

Apr 07, 2016 05:04 am UTC| Commentary

Not many economic dockets scheduled for today and all with low to medium risks associated. Upcoming France Trade balance for February will be declared at 6:45 GMT. Spain Industrial output...

Major Asian markets in red after FOMC minutes, Yen strengthens after Kuroda’s comments

Apr 07, 2016 02:56 am UTC| Commentary

Major Asian markets are trading on a mix note after FOMC released March meeting minutes. FOMC March meeting minutes failed to provide any hints regarding further interest rate hike. On the other side, Yen hits fresh 5...

German construction sector will likely contribute positively to economic growth in Q1

Apr 06, 2016 15:42 pm UTC| Commentary

Markit Germany Construction PMI survey showed that the seasonally adjusted Purchasing Managers Index remaining above the no-change mark of 50.0. Despite falling from Februarys recent high of 59.6 to 55.8 in March, the...

Fitch rules out hard landing in China, but skeptical over reforms

Apr 06, 2016 15:25 pm UTC| Commentary

The slowdown in China worrying global investors is unlikely to result in a hard landing although high debt levels are a concern, said Fitch Ratings in a special report released on Wednesday. Fitch expects Chinas economy to...

China's Debt to equities swap - a bigger risk for banks?

Apr 06, 2016 15:03 pm UTC| Commentary

The percentage of bad loans as a total held by Chinas banks is likely to more than treble in the next two years because growth in the worlds second-largest economy is slowing. Chinas economy grew at a 25-year low of 6.9...

Sharp decline in Turkey inflation strengthen possibilities for rate cuts

Apr 06, 2016 14:27 pm UTC| Commentary

Turkish CPI inflation moderated sharply from 8.8%yoy to 7.5% in March, mainly due to a sharp decline in food prices, according to official data released on April 4. While this sharp drop was not matched by core inflation,...

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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....