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New Zealand bonds gain at close ahead of Q2 producer price index amid ongoing geopolitical tussle

Aug 16, 2018 06:55 am UTC| Commentary Economy

The New Zealand bonds gained at the time of closing Thursday as investors now remain focussed on the countrys producer price index (PPI) data for the second quarter of this year, scheduled to be released today by 22:45GMT...

JGBs tad lower despite wider-than-expected July trade deficit; no significant economic data to watch out

Aug 16, 2018 05:23 am UTC| Commentary Economy

Japanese government bonds remained tad lower during late Asian session Thursday after investors have largely shrugged-off the wider-than-expected trade deficit for the month of July. There remains no significant economic...

FxWirePro: Asian markets in red, gold touches $1,160 mark in early Asia

Aug 16, 2018 05:13 am UTC| Commentary

All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,170 mark while silver was trading around $14.50 mark. Japans Nikkei was trading 0.17 pct lower at 22,150.50...

FxWirePro: The Day Ahead- 16th August 2018

Aug 16, 2018 05:09 am UTC| Commentary

Sizable economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: Unemployment rate declined by 0.1 percent to 5.3 percent in July, despite...

Australian 10-year bond yield hits 8-month low after July employment change disappoints; solid jobless rate caps losses

Aug 16, 2018 03:32 am UTC| Commentary Economy

Australian long-term government bonds gained on Thursday after fall in July employment change disappointed investors, but 6-year low jobless rate supported the short-term yield curve. However, Turkey was the main focus for...

Crypto Currency Brief: Bitcoin rebounds to near $6,500 mark, BCH/USD rangebound, Litecoin hovers near 14-month low – Wednesday, August 15th, 2018

Aug 15, 2018 14:12 pm UTC| Commentary Digital Currency Market Roundups Economy

BTC/USD: Bitcoin rebounded during late European session Wednesday to near $6,500 mark, after witnessing renewed sell-off over the past few days. This week, nothing much at the fundamental level has exchanged paths with the...

Commodities snapshot (precious & industrial)

Aug 15, 2018 12:53 pm UTC| Commentary

The metal pack is down today. The performance this week at a glance in chart table - Gold: Gold remains under pressure amid a stronger dollar and higher rates. Todays range $1195-1183 Gold is currently trading...

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Economy

Germany Producer Prices Rise 1.8% in June, Missing Forecasts

Germanys producer prices rose 1.8% year-over-year in June, according to data released on Monday by the countrys federal statistics office, signaling continued inflationary pressures at the factory-gate level while coming...

Hong Kong AI Stocks Rally as Moonshot AI’s Kimi K3 Launch Boosts Market Optimism

Hong Kong-listed technology and artificial intelligence stocks surged on Monday as investors cheered Chinas accelerating progress in generative AI, driven by Moonshot AIs newly launched Kimi K3 large language model and...

Asian Currencies Hold Steady as Fed Outlook Offsets Middle East Tensions

Asian currencies traded in narrow ranges on Monday as investors weighed renewed demand for the U.S. dollar following escalating tensions in the Middle East against lower U.S. Treasury yields and expectations that the...

China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven

Chinas central bank left its benchmark lending rates unchanged on Monday for the 14th straight month, in line with market expectations, as policymakers continued to prioritize monetary policy stability while navigating an...

Gold Prices Slip Near $4,000 as U.S.-Iran Conflict Fuels Inflation Fears

Gold prices edged lower on Monday, hovering near the critical $4,000-an-ounce level as escalating military tensions between the United States and Iran pushed oil prices higher and renewed concerns that inflation could...

Politics

Russia Launches Massive Missile Attack on Kyiv as Ukraine Urges More Air Defenses

Russia launched one of its largest ballistic missile attacks on Kyiv since the start of the war, killing at least one person and injuring 16 others, according to Ukrainian President Volodymyr Zelensky. The overnight...

Trump Says Qatari-Donated Air Force One Jet to Undergo Security Upgrades Soon

U.S. President Donald Trump said the Qatari-donated Boeing 747 currently serving as Air Force One will soon be sent for additional upgrades aimed at maximizing its capabilities, addressing ongoing questions about the...

Trump Calls for Review of Federal Judicial Center Climate Science Manual

U.S. President Donald Trump has called for a review of the Federal Judicial Centers (FJC) scientific reference manual related to climate change, claiming the publication contains discredited information that has...

Trump Urges Canada to Curb Ontario Wildfires, Floats Tariffs Over Smoke Impact

U.S. President Donald Trump said he urged Canadian Prime Minister Mark Carney to strengthen efforts to control the ongoing Ontario wildfires, arguing that the smoke drifting into the United States has disrupted daily life...

Hungary President Tamas Sulyok Removed After Constitutional Amendment Signed

Hungarian President Tamas Sulyok has signed a constitutional amendment that immediately ends his term in office, formalizing a major political overhaul led by Prime Minister Peter Magyar and his ruling Tisza party. 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

Samsung Cuts U.S. Consumer Electronics Jobs as Headquarters Moves to Texas

Samsung Electronics has reduced its workforce in the United States as it relocates the headquarters of its consumer electronics business from New Jersey to Texas, affecting hundreds of employees while maintaining that the...

ASML Trillion-Dollar Valuation: Can Europe’s AI Chip Giant Reach the Historic Milestone?

The global artificial intelligence boom has fueled a remarkable rise in ASMLs market value, positioning the Dutch semiconductor equipment maker as Europes most valuable listed technology company. Following...

Bank of America Says These Overlooked AI Stocks Could Be the Next Winners

While semiconductor companies, AI hardware makers, and the Magnificent Seven have dominated the artificial intelligence rally, Bank of America believes the next phase of AI-driven gains could come from less obvious...

Foxconn Wins First SpaceX AI Server Contract Worth Estimated $52 Billion

Taiwans Hon Hai Precision Industry, better known as Foxconn, has reportedly secured its first contract to manufacture artificial intelligence (AI) servers for Elon Musks SpaceX, marking a major expansion of its AI...

SpaceX Targets Thursday Launch for Starship's 13th Test Flight After Last-Minute Delay

SpaceX (NASDAQ: SPCX) plans to launch the 13th test flight of its Starship rocket as early as Thursday, following the cancellation of a previous launch attempt just minutes before liftoff due to engine startup issues. The...
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