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Global Geopolitical Series: Iran lodges complaint to IMO over U.S. sanctions

Nov 09, 2018 13:19 pm UTC| Commentary Economy

Iran has formally launched a complaint at the International Maritime Organization (IMO) against the United States for violating the terms of Joint Comprehensive Plan of Action (JCPoA) and re-imposing sanctions against...

FxWirePro: Chinese economy signals slowdown amid trade war with United States

Nov 09, 2018 12:38 pm UTC| Commentary

Trade war effect or not, Chinas economy is showing signs of a further slowdown amid the trade friction with the United States. Check these facts out, Chinas retail sales growth rate is still declining. In September...

U.K. economic growth accelerates sequentially in Q3 3018, preliminary estimate shows 0.6 pct growth

Nov 09, 2018 11:52 am UTC| Commentary

The U.K. economic growth rate accelerated in the third quarter of this year. The preliminary estimate of the U.K. GDP for the September quarter showed a quarterly growth of 0.6 percent, consistent with consensus...

U.S. Treasuries jump ahead of October producer price index, FOMC member Quarles’ speech

Nov 09, 2018 10:58 am UTC| Commentary Economy

The U.S. Treasuries jumped during late European session Friday ahead of the countrys producer price index for the month of October, scheduled to be released today by 13:30GMT. Also, FOMC member Quarles is due to deliver a...

Norwegian core inflation decelerates in October

Nov 09, 2018 10:53 am UTC| Commentary

Norwegian core inflation decelerated in October. Core rate slowed to 1.6 percent on a year-on-year basis from Septembers 1.9 percent. Octobers print is in lie with Norges Banks expectations. Consensus expectations were for...

Global Geopolitical Series: U.S. warns against allowing Iranian tankers to port

Nov 09, 2018 09:52 am UTC| Commentary

After re-imposing all the sanctions, which were removed as a part of the 2015 nuclear accord, known as the Joint Comprehensive Plan of Action (JCPoA) between Iran and 6 world powers (China, France, Germany, Russia, United...

UK gilts jump despite rise in Q3 GDP, September manufacturing production

Nov 09, 2018 09:45 am UTC| Commentary Economy

The United Kingdoms gilts jumped during Fridays afternoon session after investors have largely defied the rise in the countrys gross domestic product (GDP) for the third quarter of this year, released today, meeting market...

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Economy

Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes

Oil prices fell on Friday, ending a two-day rally as traders weighed reports that the United States and Iran were discussing a phased agreement that could eventually reopen the Strait of Hormuz and ease disruptions to...

Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens

The Canadian dollar could remain under pressure through the end of 2026 as diverging monetary policy between the Federal Reserve and Bank of Canada weighs on the currency, according to CIBC Capital Markets. CIBC expects...

Japanese Yen Rebounds as Trump Flags Currency Weakness

The Japanese yen ended a five-day losing streak on Friday, rebounding from the closely watched 160-per-dollar level after Tokyo disclosed that U.S. President Donald Trump had raised concerns about the currencys weakness...

US Comfortable With Canada Trade Standoff as Import Bans Loom

President Donald Trumps administration is prepared to maintain its escalating trade dispute with Canada as new import restrictions approach and Washington threatens additional tariffs on key Canadian industries. U.S. Trade...

Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals

The U.S. dollar weakened on Friday as oil prices retreated, although the currency remained headed for a second consecutive weekly gain as expectations for another Federal Reserve rate hike increased. The Japanese yen,...

Politics

Colombia Extradites FARC Dissident Leader ‘Spider’ to US

Colombia has extradited Geovany Andres Rojas, a senior commander of a dissident faction linked to the former FARC rebel movement, to the United States, where he is wanted on drug-trafficking charges. Rojas, widely known by...

Evan Gershkovich Says FSB Set Trap for 2023 Russia Arrest

Wall Street Journal reporter Evan Gershkovich says Russias Federal Security Service orchestrated an elaborate sting operation that led to his 2023 arrest on espionage charges, according to his first detailed published...

Saudi Arabia Seeks Military Support as Houthi Attacks Escalate

Saudi, Turkish and Pakistani military chiefs were expected to discuss support for Saudi Arabia as escalating Houthi attacks intensify security concerns across the Middle East, while new restrictions on Iranian flights add...

Putin Says Ukraine Peace Proposals Remain on Table

Russian President Vladimir Putin said Friday that proposals aimed at ending the 4-1/2-year war in Ukraine remain under consideration, although Moscow must determine which options best serve Russias interests. Speaking to...

Iran Rejects Nuclear Concessions in Hormuz Deal

Iran will not compromise on its nuclear rights even if the United States accepts Tehrans proposal for reopening the Strait of Hormuz, according to a senior Iranian official, underscoring major obstacles to ending the...

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

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...

Solidigm Eyes $150 Billion IPO as SK Hynix Expands AI Storage Push

SK Hynix subsidiary Solidigm is considering a U.S. initial public offering as early as next year that could value the semiconductor storage company at as much as $150 billion, according to a Reuters report on Friday. The...

Meta Found Liable in New Mexico Facebook Data Privacy Case

A New Mexico jury has found Meta Platforms liable for misleading consumers about Facebook user privacy and data-sharing practices in a case tied to the Cambridge Analytica scandal. The verdict followed a two-week trial in...

DaVoice Sues Perplexity AI Over Trade Secrets

AI technology startup DaVoice has filed a lawsuit against Perplexity AI in California federal court, accusing the artificial intelligence company of misappropriating trade secrets connected to wake word technology used in...
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