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Commentary

Fri, Nov 15, 2024 09:34 AM All times are UTC

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Swiss National Bank makes intentions clear to curb excessive franc appreciation

Jun 27, 2016 14:17 pm UTC| Commentary

The safe-haven franc rose to its highest level against the euro since August 2015 after UKs vote to leave the EU shook markets. It was the biggest one-day jump since the Swiss National Bank removed its franc peg to the...

Enormous US dollar gains prompt surprise yuan devaluation by PBoC

Jun 27, 2016 14:05 pm UTC| Commentary

A sudden Chinese yuan devaluation triggered sell-off in risky assets across markets today. PBOC sets USD/CNY at 6.6375 vs 6.5776, which translates into the weaker fix (-0.9%), lowest since the August 2015 devaluation of...

China’s growth momentum starting to fade, brings closer timing of a RRR cut

Jun 27, 2016 13:35 pm UTC| Commentary

After a strong rebound in March, recent data flow suggests that Chinas growth momentum has started to fade. Data released earlier today showed that industrial profits at large firms in China rose 3.7 percent year-on-year...

Canadian bonds gain as crude prices ease on Brexit win

Jun 27, 2016 12:55 pm UTC| Commentary

The Canadian government bonds gained on Monday after Britain voted to leave the European Union in a referendum after 43 years of membership in the bloc on Friday. Also, tumbling crude oil prices drove investors towards...

Danish trade surplus likely to be slightly lower in 2016, 2017

Jun 27, 2016 12:51 pm UTC| Commentary Economy

Denmark has been recording a decent current account surplus. This is partially due to quite a limited corporate investment appetite keeping imports low. But the sizeable surplus is also because of the countrys huge net...

US Treasuries gain as Fed seen to delay rate hike after Brexit vote

Jun 27, 2016 12:39 pm UTC| Commentary

The US Treasuries complex strengthened Monday on unexpected Brexit vote and it is set to hit 4-year intraday low of 1.40 percent. Also, the probability that the Federal Reserve will tighten this year has tumbled to 15...

Currency snapshot (commodity pairs)

Jun 27, 2016 12:26 pm UTC| Commentary

Dollar index trading at 96.58 (+0.51%) Strength meter (today so far) Aussie -0.68%, Kiwi -0.59%, Loonie -0.49% Strength meter (since last week) Aussie -0.68%, Kiwi -0.59%, Loonie -0.49% AUD/USD Trading at...

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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

RFK Jr. Vows to Root Out Corruption and ‘Restore Health Agencies’ to Gold-Standard Science

Robert F. Kennedy Jr., an outspoken figure on public health issues, has made a bold commitment to eradicate corruption within Americas health agencies and reinstate them to what he describes as a gold-standard of...

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

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

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

BTC Creator Satoshi Nakamoto Now Among World’s Richest—$90 Billion in Untouched Bitcoin Sparks Controversy

In an unexpected twist of financial history, the elusive Bitcoin creator, known only as Satoshi Nakamoto, has reportedly joined the ranks of the worlds wealthiest individuals. With Bitcoin prices soaring to unprecedented...

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...