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French January INSEE business climate indicator likely to be strong

Feb 22, 2016 09:05 am UTC| Commentary

Frances INSEE business climate indicator is expected to be 102 in February, unchanged from January. The details point towards upside risks. The construction indicator is expected to continue rebalancing. The indicator has...

UK economy likely slowed down more than forecast in Q4 2015

Feb 22, 2016 08:04 am UTC| Commentary

The December 2015 Turnover and Orders in Production and Services Industries (TOPSI) services component posted at 1.5% m/m, resulting in the decline of 1.9% q/q in Q4 2015 in non-seasonally adjusted nominal terms after...

FxWirePro: S&P 500 at critical juncture- a look at short term opportunities

Feb 22, 2016 07:35 am UTC| Commentary

SP 500 is trading at critical juncture and bulls and Bears are having quite a fight. While one might point out that Bulls and Bears are always in fight but fight at this juncture is critical and result of the battle could...

Briferendum Series

Briferendum series: Pound up with deal on Friday, down with Boris on Monday

Feb 22, 2016 07:12 am UTC| Commentary

Pound suffered heavy swings over Britains deal with European Union, which got finalized on Friday among British Prime Minister David Cameron and 27 other members of European Union. On announcement of the deal, On Friday,...

Mexico’s real GDP likely grew in Q4 and FY2015 on stronger consumption growth

Feb 22, 2016 06:56 am UTC| Commentary

Mexicos supply-side data releases imply that the Mexican economy expanded 2.5% in Q4 2015 and FY2015. The nominal GDP is expected to have grown 5.1% y/y in Q4 and 5.1% in the entire 2015. Meanwhile, as the real GDP is...

Fundamentals to watch out for this week

Feb 22, 2016 06:52 am UTC| Commentary

Despite being risk heavy (FOMC minutes, US inflation) last week, last weeks trading was relatively directionless and can be best described as choppy. This week is equally risk heavy, if not more. What to watch out...

Emerging Market Crisis Series

Inflation in Brazil likely to moderate slightly in mid-February, food inflation likely to be major challenge in 2016

Feb 22, 2016 06:32 am UTC| Commentary

Brazils inflation in January was more than expectations at 10.71% y/y, as compared with Decembers 10.67% y/y, disproving the long-held opinion that inflation will moderate in 2016 with just the help of base effect. Indeed,...

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Economy

Asian Stocks Mixed as OpenAI Revenue Concerns Hit Chipmakers

Asian stock markets traded unevenly on Friday as semiconductor shares declined following fresh concerns about OpenAIs revenue outlook, while rising oil prices and volatile bond markets weighed on investor sentiment. The...

Gold Prices Rise as Dollar Weakens, Treasury Yields Fall

Gold prices climbed during Asian trading on Friday, supported by a weaker U.S. dollar and falling Treasury yields, as investors assessed inflation concerns driven by rising oil prices and expectations of further Federal...

Asian Currencies Steady as Dollar Eyes Fourth Weekly Gain

Asian currencies traded largely flat on Friday as the U.S. dollar headed for its fourth consecutive weekly gain, supported by expectations that the Federal Reserve could raise interest rates again before the end of 2026....

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...

Politics

Venezuela’s Machado Calls for Elections by July 2027

Venezuelan opposition leader Maria Corina Machado has called for presidential elections in Venezuela next year, saying the country has sufficient time to organize a vote by July 2027, according to a Financial Times report...

RFK Jr. Launches Nationwide Vaccine Safety Review

US Health Secretary Robert F. Kennedy Jr. has launched a department-wide initiative to investigate and document reported health problems following vaccination, the Department of Health and Human Services (HHS) announced...

Zelenskiy Slams US Over Deadly Russian Strikes on Ukraine

Ukrainian President Volodymyr Zelenskiy criticized the United States for its reluctance to provide additional military support after Russian airstrikes killed dozens of civilians across Ukraine, intensifying tensions over...

Flavio Bolsonaro Leads Lula 49%-45% in Brazil Runoff Poll

Brazilian Senator Flavio Bolsonaro holds a narrow lead over President Luiz Inacio Lula da Silva ahead of the October 25 presidential runoff election, according to a Datafolha poll released Thursday. However, the results...

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...

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

Apple Cuts iPhone 18 Pro Production Orders Amid Weak Demand

Apple Inc. (NASDAQ: AAPL) has reportedly instructed several suppliers to reduce component production for its newly released iPhone 18 Pro and iPhone 18 Pro Max, signaling potential challenges for the companys latest...

OpenAI Revenue Hits $50 Billion, Below Earlier $70 Billion Estimate

OpenAI has informed investors that its annualized revenue reached nearly $50 billion in September, significantly below the $70 billion previously indicated, according to a Reuters report on Thursday. The revised figure...

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...
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