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FxWirePro: Go long on GBP/USD; not so fast

Apr 30, 2019 14:10 pm UTC| Commentary

GBP/USD on the run, After bottoming around 1.286 area, GBP/USD is recovering on the back of a weaker USD, as rampant speculation over a rate cut by the U.S. Federal Reserve is weighing on the dollar. The pair is...

Canadian economic growth shrinks sequentially in February

Apr 30, 2019 13:53 pm UTC| Commentary

The Canadian economic activity shrank in February. On a sequential basis, the Canadian economic growth contracted 0.1 percent, coming in slightly below market expectations of no change. The fall was broad based, with just...

Global Geopolitical Series: Trump-Erdogan to negotiate over purchase of Russian S-400 MDS

Apr 30, 2019 13:41 pm UTC| Commentary

On Monday, the White House put an end to the speculations over sanctions on Turkey over its purchase of Russian made S-400 Missile Defense System (MDS) - a decision which came under intense criticism in the United States....

U.S. under Trump Series: Trump administration to ratchet up pressure on Mexico over drug cartels

Apr 30, 2019 13:20 pm UTC| Commentary

In the second half of 2019, the Trump administration is likely to intensify pressure on Mexico to curb the amount of drugs coming to the United States via the southern border with Mexico. We have already warned our readers...

German import price index rises year-on-year in March

Apr 30, 2019 13:00 pm UTC| Commentary

German import price index rose in the month of March, According to the Federal Statistical Office (Destatis), the index of import prices rose 1.7 percent year-on-year. In the prior months, the annual rates had risen 1.6...

Norwegian retail sales rebound in March, jobless rate remains unchanged in February

Apr 30, 2019 12:48 pm UTC| Commentary

Norwegian retail sales recovered in March. Consumption figures appear to be consistent with the central banks views. Sequentially, retail sales rose 0.6 percent in March, coming in line with the consensus expectations....

Euro area economic growth accelerates above expectations in Q1 2019

Apr 30, 2019 11:57 am UTC| Commentary

Euro area economic growth accelerated in the first quarter of this year. Eurostats advance estimate showed that the economy grew 0.4 percent quarter-on-quarter, as compared with consensus expectations of a growth of 0.3...

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Economy

Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement

The Indian rupee strengthened sharply during morning trade on Tuesday after New Delhi and Washington announced a long-awaited U.S.-India trade deal, sparking optimism across currency and financial markets. The development...

India–US Trade Pact 2026: A New Highway to a USD 500 Billion Partnership

Announced on February 1, 2026, the new India-US trade pact is being touted as a significant advancement for bilateral economic relations. The pact aims to speed trade flows and drive total trade toward the USD 500 billion...

Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff

Gold prices climbed in early Asian trading on Tuesday, with silver and platinum also posting solid gains, as precious metal markets steadied after suffering two days of sharp selloffs. The rebound offered some relief to...

South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target

South Korean consumer inflation eased to a five-month low in January, reaching the Bank of Koreas official target and reinforcing signs that price pressures in the country are gradually stabilizing. According to data...

S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook

U.S. stock markets closed higher on Monday, led by gains in artificial intelligence-related stocks and a strong rally in small-cap companies, as investor confidence improved on solid earnings expectations and encouraging...

Politics

Federal Judge Blocks Trump Administration Move to End TPS for Haitian Immigrants

A federal judge on Monday blocked the Trump administration from revoking Temporary Protected Status (TPS) for more than 350,000 Haitian immigrants living in the United States, preventing their potential deportation to a...

Trump Spoke With FBI Agents After Georgia Election Office Search, Report Says

U.S. President Donald Trump spoke directly with FBI agents one day after they searched an election office in Fulton County, Georgia, according to a report published by the New York Times on Monday. The report cited three...

Trump Calls for “Nationalizing” Voting, Drawing Backlash Over Election Authority

President Donald Trump sparked controversy after saying Republicans should nationalize and take over voting in at least 15 unspecified locations, repeating his long-standing and false claims that U.S. elections are plagued...

Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits

Japans Finance Minister Satsuki Katayama on Tuesday defended Prime Minister Sanae Takaichis recent comments emphasizing the potential benefits of a weaker yen, saying the remarks were grounded in standard economic theory...

Trump Announces U.S.–India Trade Deal Cutting Tariffs, Boosting Markets and Energy Ties

U.S. President Donald Trump announced a major U.S.India trade deal on Monday that significantly reduces U.S. tariffs on Indian goods to 18% from a previous combined rate of 50%. The agreement, revealed after a phone call...

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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