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Danish inflation remains unchanged year-on-year in July, likely to average 1 pct in 2018

Aug 10, 2018 14:13 pm UTC| Commentary

Danish inflation remained the same in July on a year-on-year basis. Inflation stayed unchanged at 1.1 percent year-on-year. This was higher than consensus expectations of 0.8 percent. Core inflation also surprised on the...

Swedish headline inflation comes in above Riksbank’s expectations in July

Aug 10, 2018 13:11 pm UTC| Commentary

Swedish headline CPIF inflation came in higher than the central banks projection. The headline figure came in at 2.2 percent in July as anticipated by markets. Meanwhile the CPIF excluding energy came in at 1.3 percent,...

Crypto Currency Brief: Bitcoin downtrend continues, LTC/USD trades near 2018 low, XRP bill payments set to roll out – Friday, August 10th, 2018

Aug 10, 2018 11:47 am UTC| Commentary Digital Currency Economy Market Roundups

BTC/USD: Seems like the downtrend is not over yet Bitcoin prices, once again started to plummet during European session Friday, still hovering around days lows at the time of writing. Although no specific reason can be...

BitMEX in limelight to launch crypto-derivative products – Crypto Options and ETHUSD perpetual swap trades on board

Aug 10, 2018 11:31 am UTC| Research & Analysis Commentary Insights & Views Digital Currency

Despite the crypto market downturn which began after the news of the US Securities and Exchange Commissions (SEC) delayed decision on an ETF product approval, bitcoin has been seeing a lot of developmental activities also....

U.S. Treasuries climb ahead of July consumer price inflation; lower-than-expected PPI weighs on risk sentiments

Aug 10, 2018 10:45 am UTC| Commentary Economy

The U.S. Treasuries gained Friday ahead of the countrys core consumer price inflation (CPI) for the month of July, scheduled to be released today by 12:30GMT. The yield on the benchmark 10-year Treasuries plunged nearly...

U.S. annual real GDP likely to grow by 3 pct, inflation to average 2.5 pct in 2018: DBS Group Research

Aug 10, 2018 09:04 am UTC| Commentary Economy

The United States annual real gross domestic product (GDP) is expected to grow by 3 percent, while inflation (as measured by the US Urban Consumers CPI) to average around 2.5 percent, according to the latest report from...

New Zealand 10-year bond yield near 2-year low after Fonterra lowers milk price forecast; RBNZ's dovish statement still weighs

Aug 10, 2018 06:54 am UTC| Commentary Economy

New Zealand 10-year bond yield closed near 2-year low on Friday after Fonterra lowered its milk price forecast for 2017-18, remaining soft on fiscal earnings as well. Also, yesterday, the Reserve Bank of New Zealand (RBNZ)...

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Economy

U.S. Futures Slip as Iran Rejects Ceasefire and Trump Deadline Looms

U.S. stock index futures edged lower Monday evening as investors remained on edge over escalating tensions in the Middle East, with President Donald Trumps deadline for Iran to reopen the Strait of Hormuz fast approaching...

Gold Prices Drop for Third Consecutive Session Amid Iran Tensions and Inflation Fears

Gold prices continued their downward trend in Asian trading on Tuesday, marking a third straight session of losses as markets grappled with mounting inflation concerns and escalating geopolitical tensions tied to U.S....

Global Markets Waver as U.S.-Iran War Deadline Looms and Oil Prices Surge

Global financial markets remained cautious on Tuesday as investors braced for a critical deadline in the ongoing U.S.-Israel war against Iran, which has sent oil prices soaring and renewed fears of stagflation across the...

US Dollar Dips as Iran Rejects Ceasefire Amid Rising Middle East Tensions

The US dollar edged lower on Monday as geopolitical uncertainty intensified after Iran rejected a Pakistan-brokered ceasefire proposal, pushing the US Dollar Index down marginally to 99.98. The euro remained flat due to...

India's Central Bank Holds Rates Amid Iran War Energy Shock

Indias Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has...

Politics

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

UN Security Council Votes on Watered-Down Strait of Hormuz Resolution Amid China Opposition

The United Nations Security Council is set to vote Tuesday on a resolution aimed at protecting commercial shipping through the Strait of Hormuz, though the proposal has been significantly weakened following resistance from...

Trump Administration Terminates Title IX Agreements Protecting Transgender Students

The Trump administration has officially ended six resolution agreements that previously protected transgender students under Title IX, marking another significant step in the administrations ongoing effort to roll back...

Iran-US War Tensions Escalate as Trump Sets Deadline for Strait of Hormuz Deal

Diplomatic tensions between Iran and the United States have reached a critical breaking point as President Donald Trump issued a firm Tuesday night deadline demanding Iran reopen the Strait of Hormuz a strategic waterway...

Hegseth Warns of Heaviest Strikes Yet as Trump Issues Iran Ultimatum Over Nuclear Deal

President Donald Trump escalated tensions with Iran on Monday, warning that the United States could launch devastating attacks on Iranian civilian infrastructure including power plants and bridges unless Tehran agrees to...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

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...

Technology

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...