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API reports draw while market awaits EIA report
Jul 18, 2018 13:38 pm UTC| Commentary
Both Brent and WTI is heading higher as the focus shifts on geopolitical tensions after OPEC meeting. WTI is currently trading at $67.3 per barrel and Brent at $4.2 per barrel premium to WTI. Key factors at play in the...
Malaysian headline inflation decelerates in June, BNM likely to maintain ‘neutral’ tone in July
Jul 18, 2018 13:11 pm UTC| Commentary
Malaysian headline inflation slowed in the month of June on a year-on-year basis. The consumer price inflation eased to 0.8 percent from Mays 1.8 percent. On a sequential basis, headline inflation decreased 1.2 percent as...
FxWirePro Short-term Outlook: Sell FTSE100/UK100 targeting 7000
Jul 18, 2018 13:07 pm UTC| Commentary
Based on our latest calculations, we expect the United Kingdoms benchmark stock index to decline amid rising Brexit uncertainty coupled with Domestic political uncertainties. Since May this year, the UK100 (CFD of FTSE100)...
FxWirePro: Long dollar against Chinese yuan targeting 6.86 and beyond
Jul 18, 2018 11:57 am UTC| Commentary
After strengthening to as high as 6.235 per USD in March, the yuan has declined steadily against the dollar, as the market participants dumped Chinese yuan in favor of the dollar amid intensifying trade war between the...
U.S. 2-year Treasury yield overtakes Tuesday’s high following hawkish comments from Fed Chair Powell
Jul 18, 2018 11:36 am UTC| Commentary Economy
The U.S. 2-year Treasury yield on Wednesday, broke yesterdays high of 2.619 percent, albeit remaining flat at the time of writing, reaching a days high of 2.624 percent. In the overnight session, bond yields experienced a...
Jul 18, 2018 09:46 am UTC| Commentary Economy
The United Kingdoms 10-year gilt yield slumped to 1-1/2 month low during European session Wednesday after the countrys consumer price inflation (CPI) for the month of June failed to meet market expectations. Investors will...
Jul 18, 2018 08:57 am UTC| Commentary Economy
The United States net foreign purchases of long-term securities slowed in May, although foreign private institutions are still willing buyers of U.S. Treasury and corporate debt. Foreign official institutions remained net...
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia
Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions
Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech
Iran Launches Fresh Attacks on U.S. Bases as Strait of Hormuz Tensions Escalate
US Military Completes Sixth Night of Iran Strikes as Conflict Escalates
Nicaragua Cuts Diplomatic Ties With Italy Over Red Brigades Extradition Dispute
North Korea Calls South Korea ‘Puppet’ After U.S.-Led RIMPAC Naval Exercise
Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028
Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions
SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO
Trump Administration Releases New UFO Files and Apollo Mission Records
China vs. NASA: The New Moon Race and What's at Stake by 2030
Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit
KAIST, Stanford Develop Self-Dressing Robot for Cleanrooms and Emergency Gear
SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch
Sam Altman Admits OpenAI Missteps, Promises Major AI Comeback Focused on User Freedom
Moonshot Launches Kimi K3, China's Largest Open-Source AI Model
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