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US remain in a heavy hiring mode

Feb 17, 2015 18:40 pm UTC| Insights & Views

To understand the underlying job growth momentum we decided to look beyond the robust headline number of the non-farm payroll and take a deeper look into the other payroll numbers.In recent days the strength of the Job...

Australia suffers with business funding

Feb 17, 2015 15:15 pm UTC| Insights & Views

AUD/USD has fallen more than 25% since it traded above parity at 1.05 against the dollar on April 2013. The pair is currently trading at 0.78 level. We believe this trend to continue despite any short term revamp. The...

Yield spread adding pressure on the Pound

Feb 17, 2015 14:29 pm UTC| Insights & Views

The yield spread between the two year US treasury and UK Gilt has increased steadily, tilting the balance in favor of the US. The differential has risen sharply since the mid of 2014, as the Fed was nearing to the winding...

Short term important levels & snapshot – Currencies (Major)

Feb 17, 2015 13:07 pm UTC| Insights & Views

a) EUR/USD - News headlines growth outlook remains negative. Some of the economic data are turning positive throughout the Euro zone like Spanish GDP (2%), Euro area current account surplus (2.4% of GDP). Political...

Economic divergence exist, IMF reaffirms

Feb 17, 2015 08:39 am UTC| Insights & Views

Since the summer of 2014, US dollar has risen against all its major counterparts as well as most of its emerging market counterparts. US dollar Index currently trading at 94.36 and has risen consecutively for a record 7...

Oil supply glut still at large

Feb 16, 2015 15:18 pm UTC| Insights & Views

Since June 2014 crude oil has fallen more than 50% though in recent trades especially Brent crude showing some resilience. WTI is currently trading at $53/barrel and Brent trading above $62/barrel. The drop has so far been...

Chrystia Freeland’s resignation seems carefully aimed at removing a sitting prime minister

| Insights & Views

Only hours before the release of the federal governments fall economic statement, Deputy Prime Minister and Finance Minister Chrystia Freeland shocked Ottawa with the announcement of her resignation from cabinet. By...

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Economy

Dollar Slips as Oil Prices Ease, Fed Rate Outlook Remains Uncertain

The U.S. dollar edged lower on Thursday as easing oil prices reduced inflation concerns and investors assessed Federal Reserve meeting minutes that revealed a divided outlook on future interest rate moves. The Chinese yuan...

US Stock Futures Steady as Oil Prices Ease, Iran Talks Boost Market Sentiment

U.S. stock index futures were little changed late Thursday after Wall Street closed higher, supported by easing oil prices and renewed optimism that diplomatic talks between the United States and Iran could help reduce...

Oil Prices Slip but Stay on Track for Weekly Gains as U.S.-Iran Conflict Persists

Oil prices edged lower in early Friday trading but remained on course for solid weekly gains as geopolitical tensions between the United States and Iran continued to support the market, despite growing concerns that rising...

Fed Chair Kevin Warsh Launches Task Forces to Overhaul U.S. Monetary Policy Framework

Federal Reserve Chair Kevin Warsh has unveiled five independent task forces to conduct a comprehensive review of the U.S. central banks monetary policy framework, signaling a major shift in how the Federal Reserve plans to...

Japan Producer Inflation Hits 7.1% in June, Fueling BOJ Rate Hike Expectations

Japans producer inflation accelerated more than expected in June, reaching its highest level in more than three years as soaring energy costs linked to the Middle East conflict and a weaker yen continued to drive business...

Politics

Regional Powers Push to Revive U.S.-Iran Nuclear Talks After Escalation

Regional powers are intensifying diplomatic efforts to prevent the collapse of a U.S.-Iran nuclear understanding after a sharp rise in military tensions, according to an Axios report published Thursday citing sources...

Iran Buries Ayatollah Ali Khamenei at Imam Reza Shrine as Successor Mojtaba Remains Out of Public View

Iran buried slain Supreme Leader Ayatollah Ali Khamenei at the Imam Reza Shrine in Mashhad early Friday, concluding a week of large-scale funeral ceremonies marked by mourning, nationalist rallies and anti-U.S....

Ukraine Secures U.S. Patriot Missile Production Deal, Zelenskiy Says

Ukraine has reached a political agreement with the United States to obtain licenses for the domestic production of PAC-3 Patriot interceptor missiles, President Volodymyr Zelenskiy announced after returning from the NATO...

North Korea Expands Nuclear Forces as Kim Jong Un Pushes Military Modernization

North Korea has approved new measures to strengthen its nuclear forces both quantitatively and qualitatively, according to state media KCNA, as leader Kim Jong Un called for accelerated military modernization during a key...

Venezuela Earthquake Health Risks Rise as Disease Monitoring Intensifies

Health officials are warning that the biggest public health threats following the twin earthquakes that struck Venezuelas northern coast last month are no longer limited to earthquake-related injuries. Instead, concerns...

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

Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI

Elon Musk has publicly praised artificial intelligence startup Anthropic, saying the company is obviously the current leader in AI, in a rare acknowledgment of a key rival as competition among top AI developers...

OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO

OpenAIs head of products and business, Fidji Simo, announced on Thursday that she will step down from her leadership role and transition to a part-time advisory position after experiencing complications from a chronic...

Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership

Samsung Electronics Chairman Lee Jae-yong is expected to meet Nvidia CEO Jensen Huang in the United States by the end of July as the two technology giants explore deeper cooperation in semiconductor manufacturing and...

SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand

South Korean memory chip maker SK Hynix Inc. has priced its landmark U.S. American depositary receipt (ADR) offering at $149 per ADR, finalizing one of the largest and most closely watched semiconductor share sales in...

Bain Capital Exits Kioxia After AI-Fueled Valuation Surge

Bain Capital has fully exited its investment in Japanese flash memory manufacturer Kioxia, marking the end of a highly profitable private equity deal driven by the rapid expansion of the artificial intelligence (AI)...
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