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A banking crisis might be looming over India

Apr 27, 2018 08:13 am UTC| Commentary Central Banks Economy

Among all the economic crisis, a banking crisis is one of the most difficult ones to foresee and that is what might be looming over India. On 17th of April this year, the Reserve Bank of India (RBI) issued a notice...

BOJ GOV KURODA: DON'T THINK CHANGE IN BOJ LEADERSHIP CAUSED TODAY'S DECISION

Apr 27, 2018 07:15 am UTC| Central Banks

FxWirePro: The Day Ahead- 27th April 2018

Apr 27, 2018 05:10 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: PPI inflation up 0.5 percent y/y in Q1, up 1.7 percent from a year...

ECB keeps monetary policy on hold, likely to further postpone decisions

Apr 26, 2018 20:46 pm UTC| Commentary Central Banks

The ECB Governing Council decided to keep its monetary policy on hold today and kept its Forward Guidance unchanged, as widely anticipated. However, market participants and observers had at least expected that ECB...

BoJ unlikely to deliver any surprises at April policy meeting; rising UST-JGB yield differential to weigh on yen: Commerzbank

Apr 26, 2018 07:48 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) is not expected to deliver any surprises at its upcoming 2-day monetary policy meeting, scheduled to be concluded on April 27, but rather a keep going attitude, according to the latest research...

BOJ monetary policy preview

Apr 26, 2018 06:36 am UTC| Commentary Central Banks

Bank of Japan (BOJ) will announce its monetary policy decisions tomorrow sometime in early Asian hours, probably around 2:00 GMT, followed by the press conference from governor Kuroda around 5:30 GMT. Current monetary...

FxWirePro: What to expect from ECB ahead?

Apr 26, 2018 06:29 am UTC| Commentary Central Banks

Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by the press conference at 13:30 GMT. The meeting is to be held in Frankfurt,...

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Economy

US Dollar Index Falls as Fed Signals Caution, Indian Rupee Surges

The U.S. dollar weakened on Tuesday as cautious comments from a Federal Reserve official and gains in the euro pressured the greenback. Meanwhile, the Indian rupee extended its sharp recovery, reaching its strongest level...

Gold Prices Mixed Ahead of US Inflation Data and Fed Rate Outlook

Gold prices ended Tuesdays trading session mixed as investors assessed a weaker U.S. dollar, declining Treasury yields, and fluctuating oil prices ahead of crucial U.S. inflation reports that could influence the Federal...

Fed’s Williams Sees One More Rate Hike in 2026, None in 2027

Federal Reserve Bank of New York President John Williams said Tuesday that he continues to support one additional interest rate hike in 2026 but does not anticipate further increases in 2027, citing expectations that...

Oil Prices Mixed as Russia Diesel Deal and Houthi Attacks Raise Supply Concerns

Oil prices traded mixed on Tuesday as investors assessed the impact of a U.S.-Russia diesel supply agreement alongside growing concerns about Middle East oil disruptions following escalating Houthi attacks in Yemen and...

Wall Street Closes Lower as Bank Earnings and AI Concerns Weigh

Wall Street stocks ended slightly lower on Tuesday, October 13, as mixed bank earnings and growing concerns over Chinese artificial intelligence competition pressured investor sentiment ahead of key U.S. inflation data....

Politics

US Senate Midterms 2026: Key Races That Could Flip Control

The 2026 US Senate midterm elections are shaping up to be a competitive battle as Democrats seek to overturn Republicans 53-47 majority. With Election Day approaching, several closely contested races could determine which...

Trump Denies China, Russia Are Helping Iran in War

US President Donald Trump has dismissed claims that China and Russia are supporting Iran in its ongoing war with the United States, despite American intelligence assessments suggesting both countries have provided military...

Zelenskiy Says Ukraine Received No Warning Before Russian Missile Attack

Ukrainian President Volodymyr Zelenskiy said Tuesday that Western allies failed to provide advance warning of a Russian missile attack on Kyiv, raising concerns about Ukraines access to critical intelligence as Washington...

US Supreme Court Denies Release of Anti-ICE Activist Kyle Wagner

The US Supreme Court on Tuesday rejected a request for the pretrial release of Kyle Wagner, an anti-ICE activist accused of making online threats during a federal immigration crackdown in Minneapolis. The decision keeps...

Flavio Bolsonaro Backs Brazil’s 40-Hour Workweek Reform Ahead of Runoff

Brazilian Senator Flavio Bolsonaro has reversed his opposition to a proposed labor reform that would shorten the countrys workweek, a politically significant move ahead of his presidential runoff against incumbent...

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

New York Times, AFP Join Coalition to Protect Content From AI

The New York Times, Agence France-Presse (AFP), and The Economist have joined a growing international coalition seeking to protect publishers copyrighted content from unauthorized use by artificial intelligence companies....

AT&T Sells Mexico Wireless Business to Televisa for $2 Billion

ATT Inc. (NYSE: T) has agreed to sell its Mexican wireless operations to Grupo Televisa SAB (NYSE: TV) and Fintech Holdings Inc. for $2 billion in cash, ending its decade-long effort to compete in Mexicos...

Arm Shares Fall Over 3% After Qualcomm Wins License Dispute

Arm Holdings shares dropped more than 3% on Tuesday, October 13, after a Delaware jury ruled in favor of Qualcomm in a breach of contract lawsuit, marking another setback for the British chip technology company in its...

Arm Breaches Qualcomm License Deal, Jury Awards $2

A Delaware jury has ruled that Arm Holdings violated its licensing agreement with Qualcomm and intentionally interfered with the chipmakers business relationship with Meta Platforms. However, the jury awarded Qualcomm just...

Nvidia Invests in Four French AI Companies to Expand European Presence

Nvidia Corp is expanding its presence in Europes artificial intelligence market through agreements to acquire minority stakes in four French technology companies, according to a report published Tuesday by French newspaper...