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FxWirePro: Asian markets noticeably higher, gold stabilizes below $1,280 mark

May 21, 2019 04:17 am UTC| Commentary

All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,275 mark while silver was trading around $14.41 mark. Japans Nikkei was trading 0.02 pct higher at 21,296.49...

USD/TWD likely to match gains in USD/KRW in run-up to upcoming dividend season, general elections 2020: Scotiabank

May 21, 2019 04:08 am UTC| Commentary Economy

The USD/TWD currency pair is expected to catch up with gains in USD/KRW in the run-up to the islands upcoming dividend season lasting from late June to early September and the general elections set for January 11, 2020,...

U.S. Treasury yields flat in muted trading ahead of FOMC Chair Powell’s speech

May 20, 2019 12:50 pm UTC| Commentary Economy

The U.S. Treasury yields remained flat during Mondays afternoon session, ahead of the Federal Open Market Committees (FOMC) Chairman Jerome Powells speech at the Atlanta Fed Financial Markets Conference, scheduled to be...

FxWirePro: S&P 500 Q1 earnings update

May 20, 2019 12:06 pm UTC| Commentary

So far, 92 percent of the companies in the SP 500 have reported their Q1 earnings. Lets take a look at the key takeaways, Earnings: So far, 76 percent of the companies that reported actual results, reported better...

Latest Commitment of Traders positions (FX) as at May 14th 2019

May 20, 2019 11:42 am UTC| Commentary

CFTC commitment of traders report was released on Friday (17th May) and cover positions up to Tuesday (14th May). The COT report is not a complete presenter of entire market positions since the future market is relatively...

Latest Commitment of Traders positions (Commodities) as of May 14th 2019

May 20, 2019 11:12 am UTC| Commentary

German bunds flat in muted trading ahead of ECB President Draghi’s speech, Q1 GDP data

May 20, 2019 11:09 am UTC| Commentary Economy

The German bunds remained flat during European trading session Monday ahead of a speech by European Central Bank (ECB) President Mario Draghi, scheduled to be held on May 22 by 07:30GMT and the countrys gross domestic...

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Economy

EU and CPTPP Nations Push for Landmark Digital Trade Agreement

The European Union and member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have officially agreed to pursue a groundbreaking digital trade deal, marking a potentially...

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Gold Prices Rise Amid Geopolitical Tensions and Safe Haven Demand

Gold prices climbed on Friday, positioning the precious metal for a weekly gain as investors retreated from riskier assets and sought refuge in safe haven investments like bullion and the U.S. dollar. The move came amid...

Oil Prices Surge Past $100 as U.S.-Iran Peace Hopes Collapse

Global oil markets turned sharply higher on Friday as diplomatic efforts between the United States and Iran appeared to unravel, pushing Brent crude above $100 per barrel for the first time in recent weeks. The escalation...

NASDAQ Tech Selloff: Correction or Collapse? What Analysts Are Saying

The NASDAQ Composite has officially entered correction territory, posting its sharpest valuation decline since the dotcom era as markets react to escalating U.S.-Iran military tensions. While the selloff has rattled...

Politics

Trump Warns "Cuba Is Next" Amid U.S. Military Posturing in the Region

Speaking at a Miami investment forum on Friday, President Donald Trump issued a striking warning toward Cuba, declaring Cuba is next while highlighting recent U.S. military operations against Venezuela and Iran. Though he...

Nepal's Ex-PM K.P. Sharma Oli Arrested Over Deadly 2024 Anti-Corruption Protests

Nepals former prime minister K.P. Sharma Oli was arrested Saturday morning as authorities launched a formal investigation into his alleged negligence during violent anti-corruption protests that claimed 76 lives last...

U.S.-Iran War Update: Rubio Says Conflict Could End in Weeks as Strikes Escalate

Secretary of State Marco Rubio confirmed Friday that U.S. military operations against Iran are progressing ahead of schedule, with officials expecting the conflict to wrap up within weeks rather than months. Speaking after...

Trump Questions U.S. Commitment to NATO Amid European Tensions

President Donald Trump once again cast doubt on Americas dedication to NATO on Friday, declaring that the United States does not have to be there for the alliance remarks that have reignited global concerns about the...

Russia and Iran Explore Diplomatic Path Amid Middle East Conflict

Russian Foreign Minister Sergei Lavrov held talks with Iranian counterpart Abbas Araqchi on Friday, with both sides exploring the possibility of a political and diplomatic resolution to the ongoing military crisis in the...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...