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Italian retail sales growth accelerates in September

Nov 07, 2019 15:52 pm UTC| Commentary

Italian retail sales grew in September. Sequentially, retail sales rose 0.7 percent in value terms and by 0.8 percent in volume terms, following two straight monthly declines in the series. In the third quarter, the value...

Euro area’s construction activity rises for second straight month in October, PMI index rises to 50.7

Nov 07, 2019 13:05 pm UTC| Commentary

Construction activity in the euro area rose for the second straight month in October and grew at the most rapid pace in four months, owing to a return to growth of new orders. The IHS Markit construction PMI index rose to...

German industrial production falls in September, trend for months ahead continue to point downwards

Nov 07, 2019 12:11 pm UTC| Commentary

German industrial production dropped 0.6 percent in September, as compared with prior months rise of 0.4 percent and consensus expectations of a fall of 0.4 percent. In the manufacturing sector, production dropped even...

U.S. Treasuries plunge ahead of weekly initial jobless claims, super-long 30-year auction

Nov 07, 2019 11:59 am UTC| Commentary Economy

The U.S. Treasuries plunged during Thursdays afternoon session ahead of the countrys weekly initial jobless claims and super-long 30-year auction, both scheduled for today at 13:30GMT and 18:00GMT. Also, Federal Open...

UK gilts slump ahead of BoE’s monetary policy meeting, Gov Carney’s speech

Nov 07, 2019 10:48 am UTC| Commentary Economy

The United Kingdoms gilts slumped during European trading hours Thursday ahead of the Bank of Englands (BoE) monetary policy meeting, scheduled to be held today by 12:00GMT, followed by Governor Mark Carneys speech later,...

German bunds narrowly mixed after September IP disappoints; trade balance in focus

Nov 07, 2019 09:42 am UTC| Commentary Economy

The German bunds remained narrowly mixed during European session Thursday after the countrys industrial production (IP) for the month of September disappointed market sentiments, while investors still keep a curious eye on...

BSP likely to keep policy rate unchanged through rest of the year given better-than-expected Q3 GDP, says ANZ Research

Nov 07, 2019 09:07 am UTC| Commentary Central Banks Economy

Bangko Sentral ng Pilipinas (BSP) is expected to keep its policy rate unchanged through the rest of the year given the better-than-expected performance of GDP in the third quarter of this year, according to the latest...

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Economy

Oil Prices Drop as Strait of Hormuz Shipping Recovers

Global oil prices declined sharply on Wednesday as concerns over supply disruptions in the Middle East eased following the recovery of shipping traffic through the Strait of Hormuz. Brent crude and U.S. West Texas...

Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers

U.S. President Donald Trump has asked Congress to approve more than $11 billion in additional farm aid to help American farmers cope with soaring fuel and fertilizer expenses linked to the recent Iran conflict. According...

Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices

Gold prices extended their losses on Wednesday, with spot gold dropping below the key $4,000 per ounce level for the first time since November 2025. The decline came as a stronger U.S. dollar and renewed expectations of...

U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand

The U.S. dollar strengthened on Wednesday, climbing to its highest level in more than a year as investor demand for safe-haven assets increased amid weakness in technology stocks and continued expectations of Federal...

Wall Street Ends Mixed as Tech Stocks Struggle Ahead of Micron Earnings

Wall Street closed mixed on Wednesday as investors remained cautious toward technology stocks ahead of Micron Technologys highly anticipated earnings report. Concerns surrounding semiconductor stocks and the broader...

Politics

Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million

Representative Nancy Pelosi has disclosed a new financial transaction report revealing that her spouse, Paul Pelosi, purchased substantial call options in Intel Corporation (NASDAQ: INTC) and Uber Technologies Inc. (NYSE:...

Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices

President Donald Trump announced that the U.S. Department of Justice (DOJ) is investigating ExxonMobil, Chevron, and other major oil companies over persistently high gasoline and natural gas prices. The move comes amid...

NATO Chief Tries to Ease Trump Alliance Dispute

NATO Secretary-General Mark Rutte sought to reduce tensions with U.S. President Donald Trump during a White House meeting on Wednesday, emphasizing that most NATO allies have continued to support the United States despite...

U.S. Reviewing Potential F-35 Fighter Jet Sale to Turkey Amid S-400 Dispute

The United States is reviewing the possibility of selling F-35 fighter jets to Turkey, according to comments made by U.S. Vice President JD Vance on Wednesday. The move signals a potential shift in relations between...

White House Seeks $1.4 Billion to Combat Growing Ebola Outbreak

The White House is preparing to request more than $1.4 billion in emergency funding from Congress to strengthen the response to the rapidly expanding Ebola outbreak, according to a Trump administration official. 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

Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast

Micron Technology (NASDAQ: MU) delivered a stronger-than-expected fiscal third-quarter performance and issued an optimistic outlook for the fourth quarter, sending its shares up nearly 9% in after-hours trading. The...

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...
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