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US Q1 GDP growth revised to 1.1 pct; weak consumption raises concern of household sector’s health

Jun 29, 2016 05:44 am UTC| Commentary

The real GDP of the U.S. economy was revised up in the third estimate. The economy grew at an annual rate of 1.1 percent quarter on quarter in the first quarter of 2016 as compared with the earlier estimate of 0.8 percent,...

Japan retail sales remain unchanged in May, decline on year

Jun 29, 2016 05:25 am UTC| Commentary

Japans retail sales remained unchanged in May, highly underscoring the difficulty Prime Minister Shinzo Abe faces in reviving consumer sentiments and boosting the nations economic prospects. Japan May retail sales...

Australian bonds slump as global risk sentiment improves

Jun 29, 2016 05:18 am UTC| Commentary

The Australian government bonds slumped Wednesday as investors switched to risk-on mode after two days of mayhem. Also, Investors shifted from safe-haven buying after markets saw modest further gains in first quarter US...

FxWirePro: The Day Ahead- 28th June 2016

Jun 29, 2016 04:31 am UTC| Commentary Economy

Lots of economic dockets scheduled for today and all with low to medium risks associated. Data released so far: Australia HIA new home sales declined -4.4 percent in May. Upcoming: Germany: GFK...

A solid close in U.S. markets lead Asian markets higher, gold appreciates in early hours

Jun 29, 2016 03:52 am UTC| Commentary

All the major Asian indices are trading on a positive note on Wednesday. In addition, U.S. markets closed higher overnight and lead Asia to open up higher too. On the other side, gold continue to trade higher and remains...

Chart of the Day Series

Chart of the Day: Violent volatile Friday

Jun 28, 2016 16:20 pm UTC| Commentary

According to this chart shared by Bank of America Merrill Lynch (BofAML),vote-counting Fridaywas most volatile ever for the G-10 currencies. For many, Friday was a day that many havent seen a day like Friday, especially...

Banxico rate decision on Thursday likely to be a close call

Jun 28, 2016 15:04 pm UTC| Commentary

Mexican central bank meets on Thursday, June 30 to decide monetary policy and opinions among the members remain quite divided ahead of the meeting. Admittedly, uncertainties have grown exponentially since Brexit, but risks...

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Economy

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 15th2024 7 am GBP GDP...

FxWirePro-China's Economic Outlook: Mixed Signals in Industrial Production and Retail Sales for October 2024

In October 2024, Chinas economy showed mixed results in two key areas: industrial production and retail sales. Industrial Production: Growth was at 5.3% compared to last years, which was lower than the expected 5.5%...

FxWirePro- Major Economic Events for the day

Nov 14 th GMT Currency Data Actual Forecast 1:30 PM USD Core PPI...

Australia's Employment Growth Slows: Key Insights from October 2024

In October 2024, Australia saw a small increase in jobs, adding 15,900 new positions. This brought the total number of people working to about 14.54 million. However, this growth is much slower than in previous months; for...

FxWirePro-Major Economic events today

Date Time Currency Event Actual Previous Forecast Nov 13 th 9:45...

Politics

Trump Shocks Washington by Naming RFK Jr. as New Health Secretary: ‘A Bold Move in Healthcare!’

President-elect Donald Trump has confirmed the appointment of Robert F. Kennedy Jr. as the next Secretary of Health and Human Services (HHS). The selection of Kennedy, known for his outspoken views on vaccine policies and...

Matt Gaetz Resigns from Congress Amid Nomination as Attorney General: 'A Shocking Career Move!' Sparks Debate

Rep. Matt Gaetz, a Republican firebrand known for his staunch conservatism and high-profile confrontations on Capitol Hill, has resigned from Congress following his nomination to serve as the next U.S. Attorney General....

Special Counsel Jack Smith Abruptly Seeks to Dismiss Appeal Against Trump in Explosive Classified Docs Case

In a surprising development in the ongoing legal battle involving former President Donald Trump, Special Counsel Jack Smith has moved to dismiss his appeal in the high-profile classified documents case. Smiths decision to...

Lara Trump Eyes Senate Seat: ‘Incredible Opportunity’ if DeSantis Appoints Her as Rubio’s Replacement

Lara Trump, a prominent member of the Trump family and vocal conservative advocate, has expressed her willingness to serve as a U.S. Senator if Florida Gov. Ron DeSantis appoints her to fill Marco Rubios seat. As the...

Science

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Technology

HTX Cracks Down on Phishing and Theft: Over 280K Security Alerts Sent to Protect User Assets

In its latest push to secure user assets, global cryptocurrency exchange HTX has released its October Security Monthly Report. This report underscores the platforms dedication to user protection by detailing its actions...

'Bitcoin Is Going Ballistic': Michael Saylor Predicts Explosive Growth as BTC Holds Strong Above $90,000

Bitcoin, the worlds first and most valuable cryptocurrency, has recently surged above the $90,000 mark, stirring excitement and confidence within the crypto community. One of Bitcoins most prominent advocates,...

Bitcoin’s True Power Lies Beyond Money: ‘It’s the People Behind BTC That Fuel Its Value'

Galaxy Digital CEO Mike Novogratz, a prominent figure in the cryptocurrency space, recently shared insights that challenge the conventional understanding of Bitcoins value. Speaking after a gathering with early Bitcoin...

XRP Skyrockets 10% in One Day: ‘Could This Be the Start of a Bigger Rally?’

XRP made waves in the cryptocurrency market on Thursday, posting a remarkable 10.25% gain that has ignited fresh speculation among investors. The surge brought XRP to $0.7790 as of 14:31 ET, according to data from...
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