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Non-OPEC oil growth to slow down fast

Sep 14, 2015 12:47 pm UTC| Insights & Views

According to latest report from OPEC, oil production outside OPEC is likely to slow down fast going ahead as Saudi Arabia led OPECs strategy to overproduce the market to keep oil price low and force high cost producers out...

FxWirePro: Gold lackluster buying interest ahead of Fed’s event – derivative updates

Sep 14, 2015 12:39 pm UTC| Insights & Views

From the above table you can observe the delta risk reversal has shifted into red zone again with increased volatility. Further the positions constructed for bull overview will increase in value with time...

Emerging Market Crisis Series

Currency War Series

Emerging market crisis series – Japan a big victim

Sep 14, 2015 12:02 pm UTC| Insights & Views

Emerging market (EM) crisis and falling values of EM currencies have started taking toll on Japan and Bank of Japans (BOJ) monetary policy. Japans borrowing cost was already at historical low, when Bank of Japan (BOJ)...

Australia's growth to expand this year, monetary conditions to remain accommodative

Sep 14, 2015 11:40 am UTC| Insights & Views Central Banks

The Reserve Bank of Australia remains optimistic about prospects for the economy. The central bank said last week that both record-low interest rates and a weaker Australian dollar were helping to support modest growth....

BOJ likely to hold policy tomorrow

Sep 14, 2015 11:01 am UTC| Insights & Views

Bank of Japan (BOJ) will announce its monetary policy decisions tomorrow sometime in early Asian hours. Speech by Governor Kuroda is expected to be scheduled at 3:00 GMT. Current monetary policy - BOJ is holding policy...

QE plus more likely from ECB than taper – Part 2

Sep 14, 2015 10:32 am UTC| Insights & Views

In previous part of QE plus more likely from ECB than taper I introduced the idea back in July, sighting high unemployment in the region. Check out the article at...

FxWirePro: WTI crude prices still fragile; PRBS to arrest extended potential dips

Sep 14, 2015 10:09 am UTC| Insights & Views

US crude inventory level checks have reduced to 2.6 million from previous 4.7 millions but this upbeat number exceeded forecasts (0.9 million); as a result crude has shown a little surge in its price. WTI crude futures...

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Economy

Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices

Chinese semiconductor stocks rallied on Wednesday after a report suggested Apple (NASDAQ: AAPL) is testing memory chips from domestic manufacturer ChangXin Memory Technologies (CXMT) for devices sold in China, fueling...

Iran Targets U.S. Bases in Bahrain, Kuwait as Hormuz Conflict Escalates and Oil Prices Jump

Iran dramatically escalated tensions on Wednesday, claiming it launched missile and drone attacks against U.S. military sites in Bahrain and Kuwait after the United States carried out fresh strikes on Iranian targets...

Japan Regional Bank Stocks Drop After Zentoshin Bankruptcy Sparks Credit Risk Concerns

Japanese regional bank stocks came under heavy selling pressure on Tuesday and Wednesday after investors assessed the financial impact of the bankruptcy of Osaka-based credit card payments processor Zentoshin, raising...

Cuba Power Outage Sparks Havana Protests as Fuel Crisis Deepens

Scattered protests erupted across Havana on Tuesday night as millions of Cubans continued to face prolonged power outages following the islands third nationwide blackout of the year. Residents banged pots and pans, honked...

Japan Revises Economic Blueprint to Reassure Markets on BOJ Independence

Japans government is considering revised wording on monetary policy in its latest economic blueprint in an effort to ease investor concerns over the Bank of Japans independence, according to a draft reviewed by Reuters....

Politics

Russia Launches Missile Attack on Kyiv, Injures Two as Odesa Strike Wounds 10

Russia launched a fresh missile attack on Ukraines capital, Kyiv, early Wednesday, sparking fires and leaving at least two people injured, according to city officials. The latest strike underscores the continued intensity...

Trinidad Businessman Dominic Hadeed Appeals Detention Over Alleged Assassination Plot

Businessman Dominic Hadeed and his wife, Genevieve Hadeed, have appealed their detention after being accused of involvement in an alleged plot to assassinate Trinidad and Tobago Prime Minister Kamla Persad-Bissessar and...

Marine Le Pen Launches 2027 French Presidential Bid After Court Eases Election Ban

Marine Le Pen officially announced on Tuesday that she will run in Frances 2027 presidential election after an appeals court reduced her ban from holding public office while upholding her conviction for embezzling European...

Japan LDP Seeks Tougher Enforcement of Shareholder Disclosure Rules for Activist Investors

Japans ruling Liberal Democratic Party (LDP) is preparing proposals to strengthen enforcement of shareholder disclosure rules for activist investors, aiming to improve transparency while preserving the benefits of...

Trump Intelligence Nominee Jay Clayton Set for Senate Confirmation Hearing on July 15

President Donald Trumps nominee for U.S. director of national intelligence, Jay Clayton, is scheduled to appear before the Senate Select Committee on Intelligence for his confirmation hearing on July 15, according to an...

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

Wolfspeed Sues Navitas Over GaN and SiC Patent Infringement

Wolfspeed Inc. (NYSE: WOLF) has filed a patent infringement lawsuit against Navitas Semiconductor Corp. (NASDAQ: NVTS), alleging that the chipmaker violated several of its key patents covering gallium nitride (GaN) and...

Apple Tests China's CXMT Memory Chips as DRAM Maker Gains Global Market Share

Apple Inc. (NASDAQ: AAPL) is reportedly evaluating memory chips from Chinese state-backed ChangXin Memory Technologies (CXMT) for devices sold in China, according to a Financial Times report citing people familiar with the...

OpenAI GPT-5.6 Set for Wider Release After U.S. Commerce Approval, Report Says

OpenAI is expected to roll out its advanced GPT-5.6 artificial intelligence model to a broader audience this week after receiving approval from the U.S. Department of Commerce, according to an Axios report published...

Zhipu AI Stock Jumps on Report of Custom AI Chip Development Plans

Knowledge Atlas Tech Joint Stock (HK:2513), the listed company associated with Chinese AI startup Zhipu AI, surged on Tuesday after a report said the company is exploring the development of a custom application-specific...

SpaceX Stock Draws Bullish Wall Street Coverage Ahead of Nasdaq-100 Inclusion

Several major Wall Street banks have launched coverage of Space Exploration Technologies (SpaceX) ahead of its inclusion in the Nasdaq-100 Index, assigning price targets between $190 and $300 as analysts take different...
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