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US-EU Trade Pact: Tariffs Tamed, Billions Boosted in Transatlantic Thaw

Aug 22, 2025 03:07 am UTC| Insights & Views

Following a preliminary handshake in late July, the United States and European Union concluded a framework trade agreement on August 21, 2025, meant to prevent growing commercial tensions and promote long-term...

US Economy Surges: Manufacturing Rebounds, Services Thrive, and Home Sales Climb

Aug 21, 2025 14:46 pm UTC| Insights & Views

With the Samp;P Global flash Manufacturing PMI soaring to 53.3, beating forecasts of 49.7 and rising from 49.8 in July, the US economy showed strong growth in August 2025. This reflected a sharp rebound in factory...

Chainlink’s Whale Moves and Bullish Breakout: LINK/USD Eyes $23

Aug 21, 2025 14:22 pm UTC| Digital Currency Insights & Views

Chainlink is a decentralized network that acts as a blockchain oracle, built on Ethereum. It helps smart contracts securely connect with external data sources, APIs, and payment systems. Recent trends in Chainlink...

FxWirePro- Coinbase’s New Altcoin Roadmap Ignites Price Surges and Investor Buzz

Aug 21, 2025 10:10 am UTC| Digital Currency Insights & Views

Leading cryptocurrency exchange Coinbase has included five altcoinsAWE Network (AWE), Dolomite (DOLO), Flock (FLOCK), Solayer (LAYER), and SPX6900 (SPX)to its asset listing plan, therefore sparking major price increases...

Fed at Crossroads: Historic Dissent Emerges as Labor Market Softens

Aug 21, 2025 03:28 am UTC| Central Banks Insights & Views

At the Federal Reserves July meeting, officials kept the federal funds rate at 4.25%4.50%, but with a historical twist: Governors Michelle Bowman and Christopher Waller broke ranks to support a rate cut, hence creating the...

UK Inflation Reheats to 3.8%—Travel, Hotels and Food Drive Biggest Upside Surprise Since Jan 2024

Aug 20, 2025 08:29 am UTC| Insights & Views

In July, consumer-price growth re-accelerated as both headline and core CPI hit 3.8 % y/yabove consensus and the fastest pace in 18 months. The degree of price pressures despite the Bank of Englands most recent rate cut is...

RBNZ Trims Rates Again: Steady Hand, Easing Bias

Aug 20, 2025 02:39 am UTC| Central Banks Insights & Views

Continuing an easing cycle that has lowered the benchmark 250 bp since August 2024, the Reserve Bank of New Zealand lowered the Official Cash Rate 25 basis points to 3.00 percent. Reflecting conflict between tenacious...

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Economy

Asian Stocks Mixed Ahead of Trump-Xi Meeting

Asian stock markets traded mixed on Wednesday as investors remained cautious ahead of a closely watched meeting between U.S. President Donald Trump and Chinese President Xi Jinping. U.S. stock futures were also largely...

Asian Currencies Muted as Dollar Firms Ahead of Trump-Xi Summit

Most Asian currencies traded in narrow ranges on Wednesday as a firmer U.S. dollar and caution ahead of the Trump-Xi summit offset optimism stemming from falling oil prices. Regional trading volumes were subdued due to a...

Oil Prices Extend Losses as U.S.-Iran Talks Ease Supply Fears

Oil prices extended their decline for a sixth consecutive session on Wednesday as signs of diplomatic progress between the United States and Iran eased concerns over Middle East supply disruptions. Saudi Arabias efforts to...

Gold Prices Rise as Oil Slide Eases Fed Rate Hike Fears

Gold prices moved higher on Wednesday as a steep decline in oil prices eased inflation concerns and reduced expectations for additional interest rate increases from the U.S. Federal Reserve. Renewed signs of possible...

RBA Says ASX Still Falls Short on Governance and Risk Controls

The Reserve Bank of Australia said ASXs clearing and settlement facilities still fall short of regulatory expectations in several key areas, despite improvements made by the exchange operator over the past year. In its...

Politics

China Tightens Fentanyl Rules Ahead of Trump-Xi Summit

China has introduced new guidelines for handling criminal cases involving fentanyl-related substances, strengthening its legal framework for combating synthetic opioid crimes ahead of a high-profile meeting between Chinese...

Taiwan Vows to Advance US Arms Sales Ahead of Trump-Xi Meeting

Taiwan will maintain close communication with the United States to ensure planned arms sales move forward, a defence ministry official said Wednesday, as US President Donald Trump prepares to meet Chinese President Xi...

Macron Challenges Trump’s Gaza Peace Claims at UN

French President Emmanuel Macron challenged U.S. President Donald Trumps claims of achieving peace in Gaza on Tuesday, arguing that humanitarian access to the enclave had not improved despite the proclaimed agreement....

Russian Strikes Kill Eight Across Ukraine as Energy Sites Hit

Russian strikes across Ukraine killed eight people and damaged industrial and energy infrastructure on Tuesday as President Volodymyr Zelenskiy met U.S. President Donald Trump on the sidelines of the United Nations General...

Marco Rubio to Meet Russia’s Lavrov in New York

U.S. Secretary of State Marco Rubio is scheduled to meet Russian Foreign Minister Sergey Lavrov in New York City on Wednesday morning, according to the U.S. State Department, as diplomatic attention remains focused on 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

Scott Bessent Eyed as Trump’s New AI Czar

U.S. Treasury Secretary Scott Bessent is under consideration to become President Donald Trumps new artificial intelligence czar as Washington intensifies its focus on AI development, safety and national security. A source...

China Reviews Broadcom Switch Use in State Data Centres

China is reviewing the use of Broadcom switches in state-backed data centres as Beijing intensifies efforts to reduce dependence on foreign technology and promote domestic semiconductor and networking equipment suppliers,...

US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights

US airport operations across the Northeast began returning to normal on Monday after crews repaired telecommunications problems that had disrupted air traffic and contributed to thousands of flight delays and cancellations...

Burnham Eyes UK Leadership Role in AI Ahead of Trump Meeting

British Prime Minister Andy Burnham will push for the UK to take a global leadership role in artificial intelligence on Tuesday as he makes his first major appearance on the international diplomatic stage at the United...

OpenAI Urges US-Led Global Standards for Frontier AI

OpenAI is calling for the United States to lead an international effort to establish technical standards for advanced artificial intelligence, as concerns grow over increasingly capable AI systems and the prospect of...
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