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U.S. Treasuries jump in silent trade ahead of 10-year auction, initial jobless claims

Jul 18, 2017 11:50 am UTC| Commentary Economy

The U.S. Treasuries traded mildly on the upside Tuesday as investors wait to watch the countrys 10-year auction, scheduled to be held on July 20. Also, the release of initial jobless claims on the same day shall add...

The gig economy is nothing new – it was standard practice in the 18th century

Jul 18, 2017 11:47 am UTC| Insights & Views Economy

The Taylor Report, the UK governments recent major review of modern work, paid particular attention to the gig economy. This is the idea that the traditional model of work where people often have a clear career...

GST likely to have negative impact on India’s oil & gas, traditional retail and SME sectors: Fitch Ratings

Jul 18, 2017 10:56 am UTC| Commentary Economy

Indias new Goods and Services Tax (GST) is likely to have a beneficial impact on Indias auto, cement and organised retail sectors, but a negative impact on the oil gas, traditional retail and SME sectors, according to...

Eurozone periphery bonds rally ahead of benchmark German 30-year auction, ECB’s policy decision

Jul 18, 2017 09:34 am UTC| Commentary Economy

The Eurozone periphery bonds rallied Tuesday as investors wait to watch the European Central Banks (ECB) monetary policy decision, scheduled to be held on July 20. Also, the benchmark German super long 30-year auction, due...

UK gilts jump after June CPI disappoints; investors eye BoE Governor Carney’s speech, 5-year auction

Jul 18, 2017 08:48 am UTC| Commentary Economy

The UK gilts jumped Tuesday after markets were disappointed by the weaker-than-expected reading of the countrys consumer price inflation for the month of May, released today. However, the Bank of England (BoE) Governor...

JGBs gain ahead of BoJ’s monetary policy meeting

Jul 18, 2017 06:33 am UTC| Commentary Economy

The Japanese government bonds gained Tuesday as investors wait to watch the Bank of Japans (BoJ) two-day monetary policy decision, scheduled to be unveiled on July 20. The benchmark 10-year bond yield, which moves...

New Zealand bonds end tad higher after Q2 CPI disappoints; all eyes on GDT price auction

Jul 18, 2017 05:43 am UTC| Commentary Economy

The New Zealand bonds ended the session on a slightly higher note Tuesday after the countrys consumer price-led inflation for the second-quarter of this year disappointed markets, coming in flat for the quarter. Also,...

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Economy

Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets

U.S. stocks closed mixed on Monday as a sharp decline in Alphabet shares pressured the communication services sector, while investors closely monitored evolving developments in the Middle East and assessed the Federal...

Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low

Global oil prices extended their recent decline on Monday as optimism grew over ongoing U.S.-Iran peace negotiations and the reopening of the vital Strait of Hormuz. The easing of geopolitical tensions in the Middle East...

Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks

Japans financial authorities are maintaining uncertainty over potential currency intervention as the Japanese yen hovers near its weakest level in nearly four decades. Market participants are closely watching government...

Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks

Gold prices delivered a mixed performance on Monday as a stronger U.S. dollar and shifting expectations for Federal Reserve policy counterbalanced support from geopolitical developments and ongoing market uncertainty. Spot...

US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments

The U.S. dollar climbed to its strongest level in more than a year on Monday as investors increased bets on tighter Federal Reserve policy, outweighing the impact of easing oil prices and diplomatic developments in the...

Politics

Alan Greenspan: 7 Fascinating Facts About the Former Fed Chairman

Former Federal Reserve Chairman Alan Greenspan, who died Monday at the age of 100, left behind a remarkable legacy that extended far beyond economics and monetary policy. Known as one of the most influential figures in...

UNAIDS Urges U.S. to Reconsider South Africa HIV Funding Withdrawal

The head of UNAIDS, Winnie Byanyima, has urged the United States to reconsider its decision to withdraw HIV/AIDS funding for South Africa, warning that the move could put millions of vulnerable people at risk and...

US Waives Iran Sanctions for 60 Days as Peace Talks Advance and Lebanon Sees Calm

The United States has granted Iran a 60-day sanctions waiver following the first round of negotiations under a newly established peace agreement, signaling a potential breakthrough in efforts to ease tensions across the...

Rubio Gulf Tour Aims to Reassure Allies on Trump’s Iran Deal

U.S. Secretary of State Marco Rubio will visit the United Arab Emirates, Kuwait, and Bahrain from Tuesday through Thursday as the Trump administration seeks to strengthen support for its preliminary agreement with Iran...

Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise

IBM shares surged in after-hours trading Monday after President Donald Trump publicly praised IBM CEO Arvind Krishna during a White House event focused on advancing U.S. quantum technology leadership. The endorsement...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence

Alphabet (NASDAQ: GOOGL) shares plunged nearly 7% on Monday, marking one of the companys sharpest single-day declines in recent years as investors reacted to a combination of high-profile AI talent departures and weakness...

SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched

SpaceX shares tumbled more than 16% on Monday after investment firm KeyBanc initiated coverage with a cautious outlook, suggesting the aerospace giants valuation has become stretched following its strong post-IPO rally....

Qualcomm Nears $4 Billion Acquisition of AI Chip Startup Modular

Qualcomm is reportedly in advanced negotiations to acquire AI chip startup Modular Inc. in a deal valued at approximately $4 billion, according to a Bloomberg News report citing sources familiar with the matter. If...

US-Iran De-Escalation Shifts Washington’s Focus to AI Regulation and Crypto Legislation

A potential easing of tensions between the United States and Iran is redirecting Washingtons attention toward major technology policy initiatives and executive actions, according to a new report from Wolfe Research. The...

Google’s Open-Source AI Data Center Cooling Design Raises Commoditization Concerns

Googles newly introduced open-source liquid-cooling design for AI data centers is drawing attention across the data center infrastructure industry, with analysts suggesting it could accelerate the commoditization of...
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