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Daily outlook for EUR: UniCredit

Feb 18, 2015 08:07 am UTC| Commentary

Quotes from UniCredit Research: -EUR: Yesterday, the euro recovered from earlier losses following the collapse of Greek debt talks, supported to a certain extent by a strong German ZEW index. -Markets remain confident...

Policy rate in Indonesia to remain the same for the remainder of 2015: Societe Generale

Feb 18, 2015 08:06 am UTC| Commentary

Quotes from Societe Generale Cross Asset Research: -In a global environment of competitive currency depreciation, Indonesia cannot stay isolated. However, the benefits of further rate cuts would be limited. While they...

INR will be one of the best performing Asian currencies in 2015: Danske Bank

Feb 18, 2015 07:58 am UTC| Commentary

Quotes from Danske Bank: -We believe that INR will be one of the best performing Asian currencies in 2015, albeit it will weaken a bit against USD. The main reasons are (1) a marked improvement in the current account that...

Daily outlook for COP: Commerzbank

Feb 18, 2015 07:52 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -COP: The Colombian peso showed the weakest intraregional performance yesterday even as oil ended the day with a marginal better tone. A more dovish stance from the central...

Daily outlook for JPY: Commerzbank

Feb 18, 2015 07:51 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -JPY: The BoJ maintains the speed of its QE measures: 80 trillion yen per annum. Nobody seriously expected anything else for today, but analysts disagree on the BoJs medium...

CNY to appreciate moderately within the daily trading band: Danske Bank

Feb 18, 2015 07:50 am UTC| Commentary

Quotes from Danske Bank: -CNY has depreciated recently on the back of substantial capital outflows from China and USD/CNY trading at its ceiling in the daily trading band. In light of this we have revised our forecast for...

Daily outlook for EM FX: Societe Generale

Feb 18, 2015 07:48 am UTC| Commentary

Quotes from Societe Generale Cross Asset Research: -In emerging markets, the Central Bank of Indonesia (BI) yesterday surprised with a 25bp rate cut to 7.50%. The BI now foresees inflation heading towards the lower end of...

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Economy

Russian LNG Shadow Fleet Expands Amid Arctic LNG 2 Sanctions

Russia is intensifying efforts to bypass Western energy sanctions after a liquefied natural gas (LNG) tanker operating under a newly adopted Russian flag was spotted loading fuel linked to the sanctioned Arctic LNG 2...

S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence

The SP 500 and Nasdaq closed at fresh record highs on Friday as investors poured into AI-related stocks and welcomed stronger-than-expected U.S. jobs data, reinforcing confidence in the resilience of the American economy....

Dollar Slips as Strong U.S. Jobs Data Reduces Fed Rate Cut Expectations

The U.S. dollar weakened on Friday after stronger-than-expected April jobs data reduced speculation about potential Federal Reserve interest rate cuts. Investor sentiment also improved after President Donald Trump stated...

European Stocks Fall as US-Iran Conflict Rekindles Energy Supply Fears

European stock markets closed lower on Friday as renewed military tensions between the United States and Iran rattled investor confidence and intensified concerns about global energy supplies. The escalating conflict...

Gold Prices Rise as Weaker Dollar and Iran Ceasefire Hopes Boost Safe-Haven Demand

Gold prices climbed on Friday and were set for a strong weekly gain as the U.S. dollar weakened following the latest U.S. jobs report. Investors also turned to safe-haven assets amid ongoing tensions in the Middle East and...

Politics

Trump Reportedly Approves Plan to Remove FDA Commissioner Marty Makary Amid Growing Controversies

President Donald Trump has reportedly approved a plan to remove U.S. Food and Drug Administration (FDA) Commissioner Marty Makary, according to sources familiar with discussions inside the White House. While officials say...

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...

US Revises UN Resolution on Iran Strait of Hormuz Attacks Amid Russia-China Opposition

The United States has revised its proposed United Nations Security Council resolution calling on Iran to stop attacks and mining activities in the Strait of Hormuz, but diplomats say the changes are unlikely to prevent...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

U.S., South Korea Launch Shipbuilding Partnership Initiative

The United States Department of Commerce and South Koreas Ministry of Trade, Industry and Energy (MOTIE) have signed a new Memorandum of Understanding (MOU) to strengthen bilateral cooperation in the global shipbuilding...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says

Artificial intelligence is starting to increase U.S. consumer prices through rising costs in electronics, software, and electricity, according to a new Goldman Sachs report. The investment bank said AI-related inflation...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...

TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit

TikTok and the Trump administration are reportedly close to reaching a $400 million settlement tied to allegations that the popular video-sharing platform violated U.S. child privacy laws. According to ABC News, the...

Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping

The Trump administration has reportedly invited executives from some of Americas largest corporations to join President Donald Trump on his upcoming trip to China next week, according to a Semafor report. The visit is...