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Chart of the Day Series

Chart of the Day: Peso power

Mar 03, 2017 17:17 pm UTC| Commentary

The Mexican peso is enjoying its best day in months as Donald Trumps secretary offers support to stabilize the exchange rate. He doesnt want a return of the tequilacrisis of 1994when capital flights caused adevaluation of...

Eurozone retail sales disappoints in January, declines for third consecutive month

Mar 03, 2017 16:32 pm UTC| Commentary

Retail sales across the eurozone fell for a third straight month in January missing market expectations of a rise. Data released by Eurostat on Friday showed retail sales in the 19 countries sharing the euro fell by 0.1...

UK services PMI below forecasts, signals slowdown in Q1 growth

Mar 03, 2017 15:28 pm UTC| Commentary

Februarys service sector PMI data from IHS Markit and the CIPS came in below analyst expectations in a sign the UK economy is slowing down at a faster-than-anticipated rate. UK service PMI for February printed at 53.3,...

U.S. initial jobless claims fall more-than-expected, drop to over 40-year low

Mar 03, 2017 15:13 pm UTC| Commentary

U.S. first-time claims for unemployment benefits fell to their lowest level in over forty years in the week ended February 25th, labor department report on Thursday showed. Initial jobless claims unexpectedly fell to...

Japan's core inflation rises for 1st time since December 2015

Mar 03, 2017 14:51 pm UTC| Commentary

Government data showed Friday that Japanese consumer prices halted a long string of declines and picked up in January for the first time in almost a year. Japans core consumer price index, which excludes the cost of fresh...

China service sector growth slows to 4-month low in February - Caixin

Mar 03, 2017 14:32 pm UTC| Commentary

Caixin China services purchasing managers index slipped to 52.6 in February from 53.1 in January, Caixin Media and research firm Markit said. Findings echoed a similar softening in growth in Chinas official services...

Mexican Peso finds relief from US treasury secretary

Mar 03, 2017 14:08 pm UTC| Commentary

This may seem a little surreal. US treasury secretary under the Trump administration, Wilber Ross is talking of steps to stabilize the US dollar/ Mexican peso exchange rate. Speaking on CNBC today, Mr. Ross suggested that...

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Economy

U.S. Stock Futures Edge Higher Ahead of Holiday as Investors Await Key Economic Data

U.S. stock index futures moved slightly higher Sunday evening in thin trading volumes ahead of Mondays market holiday, as investors prepared for a busy week of economic data that could influence Federal Reserve interest...

New Zealand House Prices Dip in January Amid Seasonal Slowdown and Severe Weather

New Zealand home prices edged lower in January as typical summer holiday trends and severe weather in parts of the North Island weighed on market activity, according to the latest data from the Real Estate Institute of New...

UK House Prices Hold Steady in February as Rightmove Reports Post-Budget Market Stability

UK house prices remained unchanged in the four weeks to February 7, signaling a pause in momentum after a strong post-budget surge over the Christmas and New Year period, according to the latest data from property portal...

Japan GDP Growth Slows Sharply in Q4 2025 Amid Weak Business Spending and Trade Tensions

Japans economy expanded at a much slower pace than expected in the fourth quarter of 2025, as weak business investment and soft exports weighed heavily on overall growth. According to official government data released...

Asian Markets Consolidate Gains as Japan GDP Disappoints and Fed Rate Cut Bets Rise

Asian stock markets paused on Monday after posting strong weekly gains, with thin holiday trading in China, South Korea, Taiwan, and the United States keeping activity subdued. Investors turned cautious following weak...

Politics

Democrats Pledge Major Spending on Virginia Redistricting Ahead of Midterm Elections

House Minority Leader Hakeem Jeffries said Democrats are prepared to spend tens of millions of dollars to support a Virginia redistricting initiative that could potentially secure four additional U.S. House seats for the...

Netanyahu Urges Full Dismantling of Iran Nuclear Program, Signals Shift in U.S. Aid Policy

Israeli Prime Minister Benjamin Netanyahu said he has made clear to U.S. President Donald Trump that any new U.S.Iran nuclear deal must go beyond limiting uranium enrichment and instead require the complete dismantling of...

European Leaders Welcome Marco Rubio’s Munich Security Conference Speech, Stress Strong Transatlantic Alliance

U.S. Secretary of State Marco Rubio struck a conciliatory yet candid tone at the Munich Security Conference, describing the United States as the child of Europe and calling for renewed unity within the transatlantic...

Trump’s Bad Bunny Super Bowl Criticism Sparks Concern Among Latino Republicans Ahead of Midterms

President Donald Trumps criticism of Puerto Rican superstar Bad Bunnys Super Bowl halftime show is raising concerns among Republican strategists and Latino leaders as the party heads into crucial congressional elections....

Vietnam Approves SpaceX Starlink Satellite Internet Service Amid U.S. Trade Talks

Vietnam has officially granted SpaceX permission to deploy its Starlink satellite internet service in the country, marking a significant step in expanding high-speed connectivity across Southeast Asia. According to state...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

OpenAI Hires OpenClaw Creator Peter Steinberger to Advance Next-Generation AI Agents

OpenAI has hired Peter Steinberger, the creator of the open-source artificial intelligence agent OpenClaw, according to CEO Sam Altmans announcement on social media Sunday. The move follows OpenClaws recent surge in...

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...

Lockheed Martin Secures $101M in U.S. Defense Contracts for AEGIS, F-35, and Missile Systems

Lockheed Martin has been awarded three U.S. Department of Defense contracts worth approximately $101 million, reinforcing its role as a leading defense contractor in advanced military systems, fighter jet support, and...

GE Aerospace Expands Singapore Engine Repair Hub with Automation and AI to Tackle Aviation Bottlenecks

GE Aerospace is accelerating automation and AI-driven innovation at its Singapore engine repair hub as global airlines grapple with maintenance delays, parts shortages, and extended turnaround times. At the center of this...