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JGBs trend higher despite upbeat Q2 GDP; June industrial production remains in focus

Aug 14, 2017 05:57 am UTC| Commentary Economy

The Japanese government bonds continued to gain after a long weekend Monday as investors largely shrugged-off the upbeat reading of the countrys second-quarter gross domestic product, released over the weekend. Also,...

Asian markets start new week on mixed note, gold marginally down

Aug 14, 2017 05:26 am UTC| Commentary

All the major Asian indices were trading on a mixed note on Monday. Gold was trading around $1,286 mark while silver was trading around $17.13 mark. Japans Nikkei was trading 0.93 pct lower at 19,546.25 points. Hong...

Australian bonds slump tracking U.S. Treasuries as North Korean tensions subside

Aug 14, 2017 04:38 am UTC| Commentary Economy

The Australian bonds slumped Monday as North Korean tensions apparently subsided a little flowing into a better mood for risk assets and less demand for the safe haven instruments. The yield on the benchmark 10-year...

FxWirePro: The Day Ahead- 14th August 2017

Aug 14, 2017 03:49 am UTC| Commentary

Few economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: China: Urban investments down to 8.3 percent y/y in July from 8.6 percent y/y in June....

U.K headline inflation likely to have come in at 2.5 pct in July, economy to decelerate in 2017 – Wells Fargo

Aug 11, 2017 22:57 pm UTC| Commentary

The headline inflation in U.K. is likely to have remained flat in July. According to a Wells Fargo research report, the consumer price inflation is expected to have come in at 2.5 percent, as compared with the prior months...

China’s industrial production growth likely slowed in July

Aug 11, 2017 22:56 pm UTC| Commentary

Chinas industrial production growth is expected to have slowed in July. According to consensus expectations, industrial production is likely to have grown 7.1 percent, as compared with the prior months growth of 7.6...

Japan’s economic growth likely accelerated in Q2, BoJ to continue with accommodative policy in near future

Aug 11, 2017 22:38 pm UTC| Commentary

The Japanese economic growth is expected to have accelerated in the second quarter. Lately, the Japanese economy has built some momentum, although on a relative basis growth continues to be weaker in the nation than in...

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Economy

Gold Prices Fall as US-Iran Conflict, Rising Oil Prices Fuel Fed Rate Concerns

Gold prices extended their decline on Monday as escalating tensions between the United States and Iran pushed oil prices higher, raising fears of renewed inflation and reducing demand for the safe-haven metal. Investors...

Dollar Rises as Middle East Conflict Fuels Inflation and Rate Hike Fears

The U.S. dollar strengthened against most major currencies on Monday as renewed conflict in the Middle East heightened inflation concerns and increased expectations that central banks, including the Federal Reserve, could...

Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields

Asian stock markets opened lower on Monday as escalating conflict in the Gulf and Irans claim that it had closed the Strait of Hormuz fueled concerns over global energy supplies, pushing oil prices sharply higher and...

EU Weighs New Trade Restrictions on Israeli West Bank Settlements

European Union foreign ministers are set to discuss potential new trade restrictions targeting Israeli settlements in the occupied West Bank during a meeting on Monday, as support grows among some member states for...

US-Iran Strikes Escalate as Strait of Hormuz Crisis Pushes Oil Prices Higher

The conflict between the United States and Iran intensified over the weekend as both sides exchanged heavy missile and drone attacks, raising fears of a prolonged regional crisis and renewed disruption to global energy...

Politics

Minnesota Wildfires Spread as Governor Tim Walz Deploys National Guard

Minnesota Governor Tim Walz has declared a peacetime emergency and activated the state National Guard to help combat fast-growing wildfires burning along the states northern border with Canada. According to Minnesota state...

Israel Sets October 27 Election as Netanyahu Faces Tough Political Test

Israel will hold a national election on October 27, marking the countrys first parliamentary vote since the Hamas attack on October 7, 2023, and the subsequent conflicts involving Gaza, Lebanon, and Iran. The election date...

Israeli Strikes Kill Six in Gaza as Ceasefire Talks Continue in Cairo

Israeli attacks across the Gaza Strip killed at least six Palestinians on Sunday, including a 9-year-old girl, as mediators continued negotiations aimed at preserving the U.S.-brokered Israel-Hamas ceasefire and advancing...

Republican Senator Lindsey Graham Dies at 71, Leaving South Carolina Senate Seat Vacant

Republican Senator Lindsey Graham of South Carolina died on Saturday at the age of 71 following what his office described as a brief and sudden illness, bringing to an end a congressional career that spanned more than...

Iran's Supreme Leader Vows Revenge as Trump Threatens Massive U.S. Military Response

Irans Supreme Leader Ayatollah Mojtaba Khamenei vowed on Saturday to avenge the death of his father and predecessor, Ayatollah Ali Khamenei, escalating tensions with the United States as President Donald Trump warned that...

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

Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX

Morgan Stanley believes Chinas rapidly advancing reusable rocket program represents the biggest long-term competitive threat to SpaceX, following the countrys first successful recovery of an orbital-class rocket booster....

SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing

SK Hynix shares fell as much as 4.4% in early trading on Monday, even after the South Korean memory chip giant posted a strong debut on the Nasdaq following one of the largest U.S. listings by an Asian technology company....

Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft

Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of misappropriating confidential company information and trade secrets tied to its hardware development efforts. The lawsuit, filed...

SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO

SK Hynix made a strong debut on the Nasdaq on Friday, with its American Depositary Receipt (ADR) shares closing 12.8% higher at $168.01 after completing a record-breaking $26.5 billion U.S. initial public offering (IPO),...

Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI

Elon Musk has publicly praised artificial intelligence startup Anthropic, saying the company is obviously the current leader in AI, in a rare acknowledgment of a key rival as competition among top AI developers...
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