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UK Q4 private consumption likely to remain slow

Jan 22, 2016 14:57 pm UTC| Commentary

Data released earlier today showed that UK December Retail Sales volumes declined by 1.0% m/m in December, on a quarterly basis, retail sales grew by 1.1% q/q in Q4 15, similar to 1.0% q/q in Q3 15. Meanwhile, the November...

Currency War Series

ECB’s SPF warns on lower inflation

Jan 22, 2016 14:31 pm UTC| Commentary Central Banks

European Central Bank (ECB) president Mario Draghi warned on lower inflation in Euro Zone and reiterated not only ECBs ability and determination to act, gave a clear indication when that might happen. Governing council...

FxWirePro: S&P500 downside still open, rally could remain capped at 1970

Jan 22, 2016 13:25 pm UTC| Commentary

According to us, at FxWirePro, US benchmark stock index, SP 500 is still not out of the woods and we feel recent rally might remain capped below 1970 area. Bears could take even take back charge before that level. There is...

Oil in Global Economy Series

FxWirePro: WTI outlook - $32/barrel would be tough nut to crack

Jan 22, 2016 12:55 pm UTC| Commentary

WTI in past three days, rose more than 13%, more so after European Central Bank (ECB) signaled that it might ease policy further in March meeting. However we at FxWirePro, are taking a bi contrarian view to the current...

FxWirePro: Long term outlook – Yen could rise to 98 per Dollar

Jan 22, 2016 12:38 pm UTC| Commentary

We, at FxWirePro, do not usuallyprovide such calls, even in the longer term, more so for usually slow moving Yen. However, this time around, we have strong reason to believe that Yen might rise and rise at least another...

Oil in Global Economy Series

Oil prices surprise by sudden rebound

Jan 22, 2016 12:33 pm UTC| Commentary

Despite massive oversupply of US inventory, the oil prices have soared more than $3 to $31 per barrel since yesterday afternoon. US crude oil stocks advanced nearly 4 million barrels in the previous week and are at 130...

FxWirePro: Short term outlook – Yen could retreat to 119.8 against Dollar

Jan 22, 2016 12:24 pm UTC| Commentary

Dovish commentaries from European Central Bank (ECB) has successfully paused recent selloff that has wiped out more than $15 trillion from global stock market in valuation. While Nikkei, which is up almost 6%, benefitting...

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Economy

Paul Atkins Emphasizes Global Regulatory Cooperation at Fintech Conference

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), highlighted the growing importance of international regulatory cooperation during a fintech and regulation conference held in Brussels on Tuesday....

RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) raised interest rates by 25 basis points on Tuesday, lifting its benchmark cash rate to 3.85% from 3.65%, in a move that was widely anticipated by markets. The decision reflects the...

US–India Trade Turbocharge: Stocks Poised to Ride the Export Wave

The new US-India trade agreement highlights businesses with significant US market exposure by lowering duties to 18% on Indian exports and providing zero-tariff access for US products. Where US revenue shares vary from 10%...

Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs

Japans exports of agricultural, forestry and fishery products surged to a new all-time high in 2025, rising 12.8% year on year to 1.701 trillion yen (approximately $10.9 billion), according to the Ministry of Agriculture,...

China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order

China and Uruguay have reaffirmed their commitment to deeper cooperation, with Chinese President Xi Jinping calling on both countries to work together to promote an equal and orderly multipolar world and inclusive economic...

Politics

Russia Prepares for Post–New START Era as U.S.-Russia Nuclear Arms Control Nears Collapse

Russia has declared it is prepared for a new global security reality in which there are no U.S.-Russian nuclear arms control limits, as the New START treaty is set to expire this week. The landmark agreement, signed in...

Trump Plans Call With Savannah Guthrie After Mother’s Disappearance, Federal Support Considered

U.S. President Donald Trump said Tuesday that he plans to personally reach out to NBC News anchor Savannah Guthrie following the disappearance of her 84-year-old mother, Nancy Guthrie, a case that authorities now believe...

UK and US Reaffirm Strategic Importance of Diego Garcia Base Amid Chagos Sovereignty Dispute

British Prime Minister Keir Starmer and U.S. President Donald Trump have reaffirmed the strategic importance of the U.S.-UK military air base on Diego Garcia in the Chagos Archipelago, committing to close cooperation to...

Trump, Petro Discuss Sanctions and Strengthening U.S.–Colombia Relations After Oval Office Meeting

U.S. President Donald Trump said on Tuesday that he is working on potential sanctions and other cooperative measures with Colombian President Gustavo Petro following a meeting between the two leaders at the White House....

Netanyahu Warns U.S. Envoy Iran Unlikely to Honor Nuclear Deal as Talks Resume

Israeli Prime Minister Benjamin Netanyahu has warned the United States that Iran is unlikely to honor any future nuclear agreement, as diplomatic efforts between Washington and Tehran are set to resume. Netanyahu conveyed...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence

Elon Musk announced on Monday that SpaceX has acquired his artificial intelligence startup xAI in a landmark deal that brings together his ambitions in space exploration and advanced AI technology. The acquisition combines...

Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services

Google Cloud, one of Alphabets fastest-growing divisions, has entered into a five-year strategic partnership with Liberty Global aimed at accelerating the adoption of artificial intelligence and cloud technologies across...

Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast

Palantir Technologies Inc (NASDAQ: PLTR) delivered a strong fourth-quarter earnings report, beating Wall Street expectations on both revenue and profit while issuing a significantly stronger-than-expected outlook for 2026....

Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report

OpenAI CEO Sam Altman has publicly reaffirmed the artificial intelligence companys strong relationship with NVIDIA Corporation (NASDAQ: NVDA), pushing back against recent reports suggesting dissatisfaction with the...

SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers

SoftBank Corp (TYO:9434) has announced a strategic collaboration between its subsidiary Saimemory and Intel Corporation (NASDAQ: INTC) to develop a new class of advanced memory chip technology aimed at powering the next...
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