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EUR/USD may climb above 1.07 marks

Nov 19, 2015 09:15 am UTC| Commentary

The FOMC members agree on gradual normalisation of monetary policy. This indicates slow rise of bank rate need to be communicated clearly. Hence, the first rate cut is likely to take place in December.The majority of FOMC...

Markets expect 10bp rate cut by ECB

Nov 19, 2015 08:39 am UTC| Commentary

The ECBs monetary policy accounts are likely to be released today. It will contain a summary of the ECBs Executive Councils discussions at the last meeting.ECB President Mario Draghi highlighted in last week that for any...

Philadelphia November Business Outlook likely improved

Nov 19, 2015 08:22 am UTC| Commentary

Canvass of local firms surveyed by the Federal Reserve Bank of Philadelphia will be published today. The business outlook will provide brief view on manufacturing activity in November. The headline number is expected to...

Poland’s industrial output growth likely slowed down in October

Nov 19, 2015 07:40 am UTC| Commentary

Polands industrial output growth in October was basically driven by manufacturing and electricity, gas water supply. The manufacturing sector posted a solid growth rate of 2.5% yoy and electricity, gas water supply...

Polish October PPI likely increased

Nov 19, 2015 07:24 am UTC| Commentary

The downward pressure on the commodities and global oil markets is still active; hence, the Polish PPI is expected to remain below zero until end-2015. The production growth of the economy rose to 7.0% yoy in October...

Polish retail sales likely declined in October

Nov 19, 2015 07:08 am UTC| Commentary

Polish retail sales were basically driven by car sales, textile, clothing and footwear, and press other sales unspecialised stores. The car sales is growing at 8.1% yoy followed by textile, clothing and footwear 11.9%...

Brazil likely to see moderate inflation rate in early 2016

Nov 19, 2015 06:56 am UTC| Commentary

The inflation data indicates Brazils inflation rate will accelerate this year. The full-month inflation number drove by further adjustments in transport prices increased to 9.93% yoy in October. If this pattern...

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Economy

Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals

Gold prices reversed early gains and moved lower during Asian trading on Thursday, pressured by a strengthening U.S. dollar and reduced demand for safe-haven assets. Investor focus has shifted toward upcoming central bank...

Thailand Inflation Remains Negative for 10th Straight Month in January

Thailands annual headline inflation rate stayed in negative territory for the tenth consecutive month in January, underscoring continued price pressures driven largely by lower energy costs and government measures aimed at...

Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off

Silver prices tumbled sharply during Asian trading on Thursday, leading a broad sell-off across the precious metals market and erasing most of the short-lived rebound seen earlier this week. The steep decline highlighted...

South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks

South Koreas efforts to stabilise its currency are facing a growing domestic challenge as retail investors continue to pour record amounts of money into U.S. stocks, driving strong demand for dollars while the won trades...

Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady

Federal Reserve Governor Lisa Cook emphasized the importance of protecting the central banks credibility by ensuring inflation returns to its long-term target, signaling continued caution on monetary policy despite recent...

Politics

NATO to Discuss Strengthening Greenland Security Amid Arctic Tensions

NATO defence ministers are expected to discuss new measures to strengthen the security of Greenland at an upcoming meeting in Brussels, according to British Defence Secretary John Healey. The talks come amid renewed focus...

Trump Rejects Putin’s New START Extension Offer, Raising Fears of a New Nuclear Arms Race

U.S. President Donald Trump has rejected an offer from Russian President Vladimir Putin to voluntarily extend limits on strategic nuclear weapons following the expiration of the New START treaty, a landmark arms control...

Marco Rubio Steps Down as Acting U.S. Archivist Amid Federal Law Limits

U.S. Secretary of State and National Security Adviser Marco Rubio is no longer serving as the acting archivist of the United States, according to a statement confirmed Thursday by a spokesperson for the National Archives...

U.S. Sanctions on Russia Could Expand as Ukraine Peace Talks Continue, Says Treasury Secretary Bessent

U.S. Treasury Secretary Scott Bessent said on Thursday that the possibility of additional U.S. sanctions against Russia will depend largely on the progress of ongoing peace talks aimed at ending the nearly four-year-long...

Newly Released DOJ Epstein Files Expose High-Profile Connections Across Politics and Business

The U.S. Justice Departments release of millions of internal documents related to Jeffrey Epstein has reignited global scrutiny of the late financiers extensive network of powerful associates. The newly unsealed Epstein...

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

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....

Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports

The U.S. government is prepared to allow Chinas ByteDance to purchase Nvidias advanced H200 AI chips, but negotiations remain stalled as Nvidia has not agreed to the proposed conditions governing their use. According to...

Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised

Sony Corp (TYO:6758) reported stronger-than-expected third-quarter earnings, driven by solid performance in its gaming, music, and image sensor businesses. The Japanese conglomerate also raised its full-year forecast,...
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