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Fri, Sep 25, 2026 06:24 AM All times are UTC

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U.S. service sector’s business activity continues to rebound in February, IHS PMI index rises to 56

Mar 05, 2019 18:13 pm UTC| Commentary

U.S. service sectors business activity continued to rebound in the month of February, with the pace of growth accelerating to the most rapid since July 2018. A surge in new business and a return to growth in new export...

U.K. services sector growth accelerates in February, PMI index rises to 51.5

Mar 05, 2019 17:02 pm UTC| Commentary

U.K. services PMI index rose in the month of February, following the declines seen in the manufacturing and construction PMIs in the past week. The services PMI index rose to 51.5 from Januarys 50.1. The outturn was...

RBA monetary policy: Assessing future bias

Mar 05, 2019 15:41 pm UTC| Commentary Central Banks

Reserve Bank of Australia (RBA) chose to keep the interest rate unchanged at 1.5 percent at todays policy meeting. Lets look at the details of the policy announcement to assess the bias of RBA. Key highlights...

Euro area services activity grows modestly in February, PMI index rises to 52.8

Mar 05, 2019 14:21 pm UTC| Commentary

The Euro area services activity sees growth in the month of February. The IHS Markit Eurozone Services Business Activity Index rose to 52.8 from Januarys 51.2 and a three-month high. All nations saw growth in activity,...

U.S. Treasuries slip ahead of February ISM non-manufacturing data, host of FOMC speeches

Mar 05, 2019 14:03 pm UTC| Commentary Economy

The U.S. Treasuries slipped during late European session Tuesday ahead of the countrys ISM non-manufacturing PMI for the month of February, scheduled to be released today by 15:00GMT. Also, speeches by members of the...

FxWirePro: Sell EUR/USD targeting 1.09 area

Mar 05, 2019 13:49 pm UTC| Commentary

Euro is likely to suffer further decline, Since topping around 1.157 area in early January, the euro has been under pressure against the dollar. The latest Bull Run faded around 1.142 area. We expect the euro to...

ECB unlikely to adopt any changes to forward guidance on interest rates, downgrade GDP forecasts: Wells Fargo

Mar 05, 2019 13:28 pm UTC| Commentary Central Banks Economy

The European Central Bank (ECB) is not expected to adopt any changes to forward guidance on interest rates but will probably downgrade its GDP and CPI forecasts at its monetary policy announcement on Thursday, according to...

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Economy

Dollar Holds Near Two-Month High as Yen Approaches 160

The U.S. dollar remained near a two-month high on Friday, supported by rising Treasury yields and expectations of additional Federal Reserve rate hikes, while the Japanese yen hovered near the closely watched...

Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets

Gold prices were largely unchanged on Friday but remained headed for a weekly loss of more than 3% as rising U.S. Treasury yields and elevated energy prices strengthened expectations that the Federal Reserve could raise...

Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets

Japanese bank stocks rallied on Friday as surging government bond yields and expectations for further Bank of Japan interest rate hikes strengthened the outlook for lenders profit margins. Shares of Mizuho Financial Group,...

Asian Stocks Fall as Surging Bond Yields Rattle Markets

Asian stocks mostly declined on Friday as a global bond market selloff drove long-term U.S. Treasury yields to multi-year highs, pressuring risk appetite across regional markets. Investors were also assessing the outcome...

Fed Unveils Stablecoin Rules Under GENIUS Act

The Federal Reserve has proposed a broad regulatory framework for payment stablecoin issuers, moving forward with implementation of the GENIUS Act and efforts to bring dollar-backed digital assets further into the...

Politics

North Korea Warns South Korea Over US-Led Defense Role

North Korea warned that South Korea could become a decisive target for collective retaliation if Seoul develops into a central hub for a US-led collective defense system, according to state media KCNA on Friday. The...

Pezeshkian Says US Must Choose When Iran War Ends

Iranian President Masoud Pezeshkian said the United States holds the key to ending the Iran war, signaling that Tehran does not want the conflict to continue but will not surrender under US pressure. Asked whether the war...

Trump Asks Supreme Court to Restore Third-Country Deportations

President Donald Trumps administration asked the U.S. Supreme Court on Thursday to allow it to continue deporting migrants to countries other than their homelands without automatically giving them an opportunity to raise...

Netanyahu Defends Israel at UN as Delegates Stage Walkout

Israeli Prime Minister Benjamin Netanyahu delivered a defiant address to the United Nations General Assembly on Thursday, defending Israels military actions as dozens of delegates walked out in protest. The speech came as...

US Backs Musk in Fight Against EU’s €120 Million X Fine

The U.S. government has formally moved to join Elon Musks legal challenge against a 120 million ($136.5 million) European Union fine imposed on his social media platform X, escalating a dispute over the reach of European...

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

SoftBank Shares Fall as Oracle Flags Stargate Data Center Delay Risk

SoftBank Group shares dropped on Friday after Oracle moved to protect itself against possible delays at a major New Mexico data center, adding to investor concerns over the financing and execution risks surrounding the...

Jeff Bezos Invests $32 Billion in Blue Origin as Space Firm Targets Major Growth

Jeff Bezos has invested about $32 billion in Blue Origin since founding the space company in 2000, underscoring the Amazon founders long-term commitment to competing in the rapidly expanding commercial space industry....

OpenAI to Preview GPT-6 Cyber AI Model for Cybersecurity

OpenAI is preparing to preview GPT-6 Cyber, a new artificial intelligence model focused on cybersecurity, within days as the company expands its push into AI-powered security tools, according to a Fortune report cited by...

Former OpenAI Data Center Chief Chris Malone Joins Nvidia

Chris Malone, the former head of data centers at OpenAI, has joined Nvidia as vice president of its DSX Platform, strengthening the chipmakers leadership team as demand for artificial intelligence infrastructure continues...

Akamai Shares Surge on $11.6B Anthropic AI Cloud Deal

Akamai Technologies shares jumped as much as 20% in after-hours trading Thursday after the cloud computing company announced an $11.6 billion, seven-year agreement with artificial intelligence firm Anthropic. The contract...