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Fri, Jul 17, 2026 09:33 AM All times are UTC

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JGBs remain flat ahead of Q1 GDP data amid muted trading session

Jun 06, 2018 05:48 am UTC| Commentary Economy

Japanese government bonds remained flat during late Asian session Wednesday as investors remained side-lined in a muted trading week ahead of the countrys first quarter 2018 gross domestic product (GDP) data, scheduled to...

FxWirePro: The Day Ahead- 6th June 2018

Jun 06, 2018 04:28 am UTC| Commentary

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Japan: Labor cash earnings index up 0.8 percent y/y in April. Australia: Q1 GDP grew...

Australian bonds slump on better-than-expected Q1 GDP growth, weakness in U.S. Treasuries

Jun 06, 2018 04:04 am UTC| Commentary Economy

Australian government bonds slumpedon Wednesdayfollowing better-than-expected Q1 economic growth data, which registered the fastest annual expansion in almost 2-years as it entered its 27th year of growth without a...

U.S. trade deficit likely to have narrowed in April, net exports to be neutral to GDP growth in near term

Jun 05, 2018 22:02 pm UTC| Commentary

The U.S. trade data for April is set to be released tomorrow. According to a Wells Fargo in a research report, the trade deficit is likely to have narrowed in the month. The deficit had narrowed to USD 49 billion in March....

Reserve Bank of India likely to hike key interest rate by 25 bps in June

Jun 05, 2018 21:33 pm UTC| Commentary

The Reserve Bank of India is set to meet tomorrow for its interest rate decision. According to a Scotiabank research report, the RBI is expected to hike its benchmark Repo Rate by 25 basis points to 6.25 percent with the...

Canadian international trade deficit likely to have narrowed in April

Jun 05, 2018 21:10 pm UTC| Commentary

Canadian international trade data for the month of April is set to release tomorrow. According to a TD Economics research report, the international trade deficit is expected to have narrowed to CAD 3.4 billion from CAD 4.1...

Euro area retail sales weakens sequentially in April

Jun 05, 2018 20:47 pm UTC| Commentary

The euro area retail sales came in weak in the month of April. In spite of a 2.3 percent sequential surge in German retail sales, the overall retail sales in the currency bloc rose only 0.1 percent in the month, dragged on...

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Economy

AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software

The explosive rally in AI semiconductor stocks is showing signs of cooling as investors question lofty valuations and whether the massive spending on artificial intelligence infrastructure can continue at its current pace....

Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand

Malaysias economy expanded by 5.8% year-on-year in the second quarter of 2026, outperforming market expectations and highlighting the countrys resilience despite ongoing geopolitical uncertainties. According to advance...

Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook

Japans core consumer inflation likely accelerated in June as higher energy prices and revised medical service fees offset easing food inflation, reinforcing expectations that the Bank of Japan (BOJ) could continue raising...

Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia

Japans Nikkei 225 tumbled more than 5% on Friday, falling to its lowest level since June 11 as a global selloff in artificial intelligence (AI) and semiconductor stocks intensified. The decline mirrored heavy overnight...

Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions

Asian stock markets ended mostly lower on Friday, led by a sharp decline in Japans Nikkei 225 as technology and semiconductor stocks extended a global selloff. Investor sentiment also remained under pressure amid...

Politics

Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech

President Donald Trump criticized ABC, NBC and CNN after the three major U.S. news organizations declined to air his prime-time address on their main television platforms, intensifying his long-running dispute with the...

Iran Launches Fresh Attacks on U.S. Bases as Strait of Hormuz Tensions Escalate

Iran launched new attacks on U.S. military facilities in the Gulf on Friday after the United States carried out a sixth straight night of strikes on Iranian military targets, deepening a conflict that has unraveled last...

US Military Completes Sixth Night of Iran Strikes as Conflict Escalates

The U.S. military said it completed a new wave of strikes on Iran late Thursday, marking the sixth consecutive night of operations ordered by President Donald Trump as tensions between Washington and Tehran continue to...

Nicaragua Cuts Diplomatic Ties With Italy Over Red Brigades Extradition Dispute

Nicaragua has officially severed diplomatic relations with Italy after a renewed dispute over the extradition of former Red Brigades militant Alessio Casimirri, intensifying a decades-long conflict tied to one of Italys...

North Korea Calls South Korea ‘Puppet’ After U.S.-Led RIMPAC Naval Exercise

North Korea sharply criticized South Korea on Friday, labeling Seoul a puppet after its participation in the U.S.-led Rim of the Pacific Exercise (RIMPAC), warning that Washington and Seoul would be responsible for any...

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

Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit

Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the...

KAIST, Stanford Develop Self-Dressing Robot for Cleanrooms and Emergency Gear

Researchers from South Koreas Korea Advanced Institute of Science and Technology (KAIST) and Stanford University have developed an innovative self-dressing robotic technology that allows people to put on clothing without...

SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch

SpaceX (NASDAQ: SPCX) called off the 13th test flight of its Starship rocket just minutes before its scheduled liftoff from its Texas launch site on Thursday after an engine-related issue triggered an automatic abort. CEO...

Sam Altman Admits OpenAI Missteps, Promises Major AI Comeback Focused on User Freedom

OpenAI CEO Sam Altman has publicly acknowledged that the company fell short of expectations over the past year, taking personal responsibility for its performance while outlining an ambitious vision for the future. In a...

Moonshot Launches Kimi K3, China's Largest Open-Source AI Model

Chinese artificial intelligence startup Moonshot has introduced Kimi K3, a new open-source AI model the company describes as the worlds largest of its kind, highlighting Chinas accelerating competition with leading U.S. AI...