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U.S. labour market shows no signs of tightening yet, adds little pressure on the Fed to tighten policy

Jul 10, 2017 11:31 am UTC| Insights & Views Economy Central Banks

Fridays US Non-Farm Payrolls report published by the Bureau of Labor Statistics (BLS) was mixed, providing something for bulls and bears alike. The headline number was better than expected but the unemployment rate rose...

Russian inflation unexpectedly accelerates in June, CBR unlikely to lower rates in July

Jul 07, 2017 23:01 pm UTC| Commentary Economy

Russian inflation surprised negatively in June by accelerated to 4.4 percent year-on-year from Mays 4.1 percent, deviating from a 4 percent target fixed by the Central Bank of Russian for the end of 2017. This is the first...

Softness in Brazilian imports point towards still weak production and consumption environment domestically

Jul 07, 2017 22:45 pm UTC| Commentary Economy

The Brazilian economic performance expectation has been further dampened by the recent political noise in the country. The upcoming economic activity index, which is a proxy for overall GDP growth, for the month of May is...

U.S. Treasuries plunge after reading rise in non-farm payrolls data; investors shrug-off higher jobless rate

Jul 07, 2017 13:19 pm UTC| Commentary Economy

The U.S. Treasuries plunged Friday after reading a rise in the countrys non-farm payrolls data for the month of June and as investors have largely shrugged off the rise in unemployment rate for the same period. The...

Norway's inflation expected to drop to 1.4 pct y/y in June, no impact likely on Norges Bank's monetary policy

Jul 07, 2017 11:46 am UTC| Insights & Views Economy Central Banks

Statistic Norway is set to publish inflation data for the month of June on 10 July. Norways inflation rate fell further below the central banks target level in May, despite the end of Easter sales and the first monthly...

UK gilts jump as manufacturing production disappoints; investors eye BoE Governor Carney’s speech

Jul 07, 2017 10:28 am UTC| Commentary Economy

The UK gilts jumped Friday after the countrys manufacturing production for the May disappointed. Also, the Bank of England Governor Mark Carneys speech, due later today will provide further direction to the debt...

New Zealand bonds close lower on world debt market rout after ECB mentions withdrawal of stimulus in meeting minutes

Jul 07, 2017 06:34 am UTC| Commentary Economy

The New Zealand bonds closed lower Friday following a massive rout in the global debt market after minutes from the European Central Banks (ECB) June meeting showed that the possibility of a potential withdrawal of...

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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

Russian Air Strikes Injure Six Across Ukraine as Kyiv Issues Air Raid Alert

At least six people were injured in a new wave of Russian air strikes across Ukraine overnight, according to local officials, as authorities in Kyiv issued an air raid alert early Tuesday and urged residents to seek...

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...

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

Meta Pauses Employee Activity Tracking Program Over Data Security Concerns

Meta has temporarily suspended an internal employee monitoring program used to train its artificial intelligence models after concerns emerged about potential data security and privacy risks. The program, known as the...

Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates

Oracle reduced its global workforce by approximately 21,000 employees, or 13%, during fiscal 2026 as the company continued a major restructuring effort while expanding its artificial intelligence and cloud computing...

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....

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...
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