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Wed, Nov 13, 2024 07:15 AM All times are UTC

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Chinese key economic releases likely to set the mood for next week

Oct 16, 2015 12:17 pm UTC| Insights & Views

Monday there are series of data coming out of China, which could set the mood for the weak. China GDP data for third quarter is sure to be most watched, is set to be released at 2:00 GMT. In second quarter economy...

Emerging Market rally to go further?

Oct 16, 2015 12:12 pm UTC| Insights & Views

An improvement in news flow around China - on both economic growth and policymaking kick-started a rally in EM currencies last month. A substantially weaker-than-expected US jobs report which fueled speculation that the...

Brazil’s fiscal deficit, S&P, Fitch and Moody’s downgrade rating to junk BRL

Oct 16, 2015 11:58 am UTC| Insights & Views

Brazils fiscal situation in the recent past have worsened, the consolidated public sector accounts posted a BRL7.3bn deficit. The central government imbalance reached BRL6.9bn deficit. Moreover, the state owned...

Wages still low for BOE to hike rates

Oct 16, 2015 11:38 am UTC| Insights & Views

While Bank of England (BOE) based rising pace of wage growth as one of their key arguments in support of hiking rates next year, latest report by Office of National Statistics (ONS) on wages may dampen the mood of...

FxWirePro – Euro short term outlook – bears cheering dovish view

Oct 16, 2015 10:56 am UTC| Insights & Views

While weaker Dollar, over vanishing rate hike expectation is providing support for the pair on the upside along with longer term strength due to positive surplus for the Euro region, it may not be sufficient to cheer the...

TAX receipts show US economy healthy

Oct 16, 2015 10:13 am UTC| Insights & Views Economy

While all the focus is on payroll numbers or weak inflation pushing rate hike expectation from FED further into the future. However one measure is showing that US economy may not be roaring but more than humming and...

Scotland independence – ghost still lurks in the room

Oct 16, 2015 09:43 am UTC| Insights & Views

If you are thinking that Scotland Independence issue is dealt last referendum, you are totally wrong. This is one ghost of the past, that is very unlikely to disappear any time soon, instead will keep haunting UK, its...

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Economy

Instacart Lowers Q4 Forecasts as Holiday Spending Softens, Intensifying Online Delivery Competition

Instacart has reduced its fourth-quarter outlook, forecasting lower gross transaction value and core profit amid cooling consumer demand and stiffening competition in the online delivery market. The company now anticipates...

COP29 Summit: Azerbaijan Hosts Critical Talks on Climate Finance and Trade Disputes

Azerbaijan Hosts COP29 Summit Amid Climate Urgency The U.N. climate summit, COP29, opens in Baku, Azerbaijan, with countries aiming to reach a crucial deal for $1 trillion in annual climate finance for developing...

Public-Sector Pay Rises Outpace Private Sector for the First Time Since 2020

Public-Sector Pay Rises Outpace Private Sector In a shift from previous trends, British public-sector employers are now planning to increase pay faster than private-sector employers. According to the Chartered Institute...

China's CPI and PPI Fall in October Despite Major Stimulus Efforts

Chinas Inflation Remains Weak in October Amidst New Stimulus Measures October CPI and PPI Overview In October, Chinas Consumer Price Index (CPI) inflation rose 0.3% year-on-year, marking a slowdown from Septembers 0.4%...

China’s Sluggish Inflation and Deepening Deflation Spur New Stimulus Measures

Chinas October Inflation Slowdown and New Stimulus: What to Expect Overview In October, Chinas consumer prices rose at the slowest pace in four months, while producer price deflation worsened, underscoring ongoing...

Politics

Donald Trump Appoints Elon Musk to Lead D.O.G.E—Is Dogecoin Price Headed to $2.40?

President Donald Trump has appointed Elon Musk and Ramaswamy to spearhead the new Department of Government Efficiency (D.O.G.E), aiming to streamline federal agencies by 2026. Following the announcement, Dogecoin rallied...

Anthony Pompliano Claims Donald Trump Owns Bitcoin, Hinting at BTC's Future as a US Reserve

Anthony Pompliano, a prominent Bitcoin advocate, has revealed Donald Trumps Bitcoin ownership, suggesting it could shape U.S. economic policies. Trumps pro-Bitcoin stance may propel BTC to a strategic position within the...

Italy’s Crypto Tax Cut to 28% Gains Momentum as Detroit Embraces Digital Tax Payments

With Italy moving toward a 28% crypto tax cap, the government seeks to maintain competitiveness while balancing revenue. Meanwhile, Detroit announced plans to accept cryptocurrency for tax payments by 2025, marking a step...

El Salvador’s $100 Million Bitcoin Surge Ignites National Reserves Amid Soaring Market Rally

El Salvadors Bitcoin holdings saw a stunning $100 million boost in one week as the cryptocurrencys price climbed to $89,700. The soaring market cap, approaching $2 trillion, underscores Bitcoins growing influence on...

Trump’s Border Czar Declares: ‘If You’re Here Illegally, Don’t Get Comfortable!’—Homan’s Bold Warning Ignites Controversy

Tom Homan, recently appointed by President-elect Donald Trump as the nations Border Czar, has made headlines with his blunt and uncompromising stance on immigration. In a statement that underscores the incoming...

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

Shiba Inu Jumps 81% to Break Into Top 10 Cryptos, But Market Pullback Hits Fast

After a remarkable 81% climb in under two weeks, Shiba Inu (SHIB) broke into the top 10 cryptocurrencies by market cap, reaching a peak valuation of $17.4 billion. However, a quick market pullback caused SHIB to lose...

XRP Price Goes 'Nutty': Top Trader Highlights 17% Surge Amid Market Rally

XRP has skyrocketed more than 17% to reach $0.70, stealing the spotlight in the crypto market. A prominent trader highlighted the nutty price movement as XRP outpaces major cryptocurrencies amid growing optimism around ETF...

Shiba Inu's Shibarium Skyrockets to 500M Transactions—Is a SHIB Price Surge Next?

The Shibarium layer-2 solution, powered by Shiba Inu, crossed an incredible 500 million transactions, signaling robust network adoption. This milestone, however, has yet to impact SHIBs price significantly, with hopes...

Tesla Tests Cybercab Robotaxi at Gigafactory Texas Amid Push for Unsupervised Self-Driving

Teslas Cybercab robotaxi has been spotted on private roads at Gigafactory Texas, marking a significant step in the companys autonomous vehicle testing. This test comes as Tesla pushes toward its goal of launching an...

BofA: AMD Continues to Outpace Intel with Market Share Gains in 2024

Bank of Americas latest analysis reveals AMD has significantly outpaced Intel, gaining 15% in market share in Q3 2024. While Intel struggles with declining PC shipments, AMD thrives with a stronger presence in the Western...