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Digital Currency Revolution

Bulls’ Eye On Commodities and Crypto-Avenues Amid Growing Geopolitical Tensions

Jan 07, 2020 07:15 am UTC| Research & Analysis Commentary Digital Currency Insights & Views

The commodity and crypto markets have gained upside traction on the back of the U.S. airstrike that killed one of Irans commando in chief, Qassem Soleimani, who happened to be a senior Iranian influential military...

Digital Currency Revolution

Ripple Price Skyrockets With 15% Gains On Binance’s Launch of Perpetual Swap Contracts For XRP

Jan 07, 2020 06:30 am UTC| Research & Analysis Digital Currency Commentary

Ripple price (XRPUSD) has surged considerably yesterday, spiked from the day lows of 0.19391 to the day highs of 0.22391 levels. Thereby, the pair has gained about 15% in a single day. What drives such a vigorous bullish...

USD/INR likely to trade lower when external uncertainty fades away, says Scotiabank

Jan 07, 2020 06:08 am UTC| Commentary Economy

The USD/INR currency pair is expected to trade lower when external uncertainty fades away as a full-blown war is in no ones interest, neither the US nor Iran, according to the latest research report from...

FxWirePro: Asian markets surprisingly up, gold hovers around $1,560 mark

Jan 07, 2020 04:45 am UTC| Commentary

All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,558 mark while silver was trading around $18.02 mark. Japans Nikkei was trading 1.34 pct higher at 23,516.50...

Australian bonds slightly gain despite fall in U.S. Treasuries as Iran tensions fade away

Jan 07, 2020 03:05 am UTC| Commentary Economy

The Australian bonds gained slightly during Asian session of the second trading day of the week Tuesday despite a fall in the United States Treasuries in the overnight session amid slowdown in the Iranian tensions. The...

Canadian trade balance likely to have remained unchanged in November

Jan 06, 2020 19:09 pm UTC| Commentary

The Canadian international trade balance data for the month of November is set to release tomorrow. According to a TD Economics research report, the trade balance is likely to have remained roughly unchanged at a CAD 1.1...

Taiwan’s exports likely to have grown positively in December, inflation to have accelerated slightly

Jan 06, 2020 18:47 pm UTC| Commentary

Taiwans December trade and inflation data are set to release tomorrow. According to a DBS Bank research report, exports growth is likely to have come in positive for the second straight month, at 2.9 percent year-on-year....

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Economy

Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows

Malaysias central bank has announced new measures to support the ringgit after the currency weakened more than 4% in June, driven largely by foreign investor caution and expectations of higher U.S. interest rates. Bank...

Bessent Says U.S. Must Strengthen Supply Chains and Economic Security

U.S. Treasury Secretary Scott Bessent said the Trump administration is focused on strengthening supply chain resilience to protect critical industries from economic disruptions, pandemics, geopolitical conflicts, and...

South Korea Remains MSCI Emerging Market Despite Reform Progress

South Korea will remain classified as an emerging market by MSCI after the global index provider decided not to upgrade the country to developed market status in its latest market accessibility review released on Tuesday....

South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery

South Koreas benchmark KOSPI index staged a strong recovery on Wednesday, climbing 3.4% to 8,480.21 points after suffering a sharp sell-off in the previous session. The rebound was driven largely by gains in major...

Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive

Australias inflation rate eased more than expected in May, offering signs that price pressures may be gradually cooling and strengthening the case for the Reserve Bank of Australia (RBA) to keep interest rates unchanged in...

Politics

US Senate Approves War Powers Resolution Urging Trump to End Iran Military Action

The U.S. Senate has approved a war powers resolution directing President Donald Trump to halt U.S. military involvement in Iran, marking a significant congressional challenge to the administrations foreign policy. The...

Crimea Power Outage After Ukrainian Drone Attack, Russian Authorities Say

Power supplies were disrupted in Sevastopol, the largest city in Russian-annexed Crimea, following what local Russian-installed authorities described as a Ukrainian attack on energy infrastructure. Mikhail Razvozhayev, the...

Cait Conley Wins Democratic Nomination, Sets Up Key House Battle Against Mike Lawler in New York

Cait Conley, a U.S. Army veteran and former national security official, has secured the Democratic nomination to challenge Republican Congressman Mike Lawler in New Yorks highly competitive 17th Congressional District. The...

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

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

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...
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