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Wed, Nov 13, 2024 07:19 AM All times are UTC

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FxWirePro: Inflation excites Swiss franc, delta risk reversal signals EUR/CHF’s bearish sentiments

Oct 16, 2015 09:10 am UTC| Insights & Views

We think the booming time for Swiss franc as their inflation has been stagnant, the major driving factor behind our long-term CHF view is Switzerlands inflation outlook which will allow the SNB to keep its nominal rates...

RBNZ’s last OCR easing factored-in, NZ businesses demand further easing

Oct 16, 2015 07:56 am UTC| Insights & Views Central Banks

Some further easing from RBNZ in the OCR seems likely at this stage, adding this will depend on the emerging flow of economic data. So lets have a glance on how has it reflected since the last rate cut and how does that...

FED’s Mester in favor of rate hike in 2015

Oct 16, 2015 07:12 am UTC| Insights & Views Central Banks

Recent weakness in economic data along with financial market turmoil has severely dented rate hike hope this year from FED. This week two key policymakers at FED, Brainard and Tarullo publicly raised the possibility of a...

Guide to today’s important data and events

Oct 16, 2015 06:11 am UTC| Insights & Views

Not many economic dockets scheduled for today and all with low to medium risks associated. Data released so far - Australia - Reserve Bank of Australia released financial stability review. Upcoming -...

Equity snapshot (indices)

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

Equities are all trading in green today. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500 - SP 500 is...

Currency snapshot (major pairs)

Oct 15, 2015 15:15 pm UTC| Insights & Views

Dollar index trading at 94.45 (+0.58%). Strength meter (today so far) - Euro -0.70%, Franc -0.11%, Yen +0.31%, GBP -0.03% Strength meter (since last week) - Euro +0.36%, Franc +1.06%, Yen +1.46%, GBP +1.08% EUR/USD...

Commodities snapshot (energy)

Oct 15, 2015 15:02 pm UTC| Insights & Views

Energy pack is trading in red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is down as API report showed inventory surplus of 9.3 million barrels. Todays range $45.6-46.6 Active call - Buy...

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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...