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China still faces significant capital outflow pressures, further CNY depreciation inevitable

Jul 08, 2016 12:18 pm UTC| Insights & Views Economy

Change in Chinas Forex reserves has to a large extent been a reliable and timely indicator to show Chinas capital flows. However, Forex reserves cannot be the sole indicator to assess capital flows as valuation effects...

FxWirePro: Is WTI price bullying with slumps? A run through as to how PRBS mitigates bearish risks

Jul 08, 2016 11:43 am UTC| Research & Analysis Insights & Views

The long-awaited rebalancing of the global oil markets is at hand. Although oil inventories remain high globally, non-OPEC supply, led by declining US crude output, is falling. Based on this, as well as solid global...

FX Hedging Strategy Series

FxWirePro: OPEC production all-time highs, crude inventories unlikely to provide cushion WTI prices - vertical spreads to hedge

Jul 08, 2016 10:08 am UTC| Research & Analysis Insights & Views

Technical glimpse: Upon the formation of Gravestone Doji and shooting star patterns on weekly charts along with the healthy bearish convergence from leading and lagging indicators would divulge a better clarity of...

FX Hedging Strategy Series

FxWirePro: Bid 1M EUR/JPY delta RR (highest among G10 space), load up weights in longs to hedge mounting sentiments of downside risks

Jul 08, 2016 07:28 am UTC| Research & Analysis Insights & Views

Glimpse on Macroeconomic Environment: Japan recorded a Current Account surplus of 1809 JPY billion in May of 2016. Current Account in Japan averaged 1082.21 JPY billion from 1985 until 2016, reaching an all-time high...

Critics of the Iraq War also got things wrong

Jul 07, 2016 17:42 pm UTC| Insights & Views

Though the Chilcot Report rightly focuses on the failings of the government and the agencies of the state, it also makes sense to discuss where the Iraq Wars critics got things wrong and in particular, the three main...

Briferendum Aftermath Series

What Brexit means for the Commonwealth

Jul 07, 2016 17:36 pm UTC| Insights & Views

By voting to leave the European Union, Britains future relationship with its fellow Commonwealth members has assumed both a greater significance and a greater degree of uncertainty. Before the poll, the uniform message...

New study: you're more likely to survive hospital if your nurse has a degree

Jul 07, 2016 17:33 pm UTC| Insights & Views Health

Nurses with a degree in nursing provide better care than nurses who do not have a degree, according to our latest research. If you live in the UK, this should be reassuring news. To work as a nurse in the UK, you need a...

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Economy

Canada Grants C$7 Million to Greenland Molybdenum Mine to Strengthen Critical Minerals Supply

Canada has awarded C$7 million (approximately $4.93 million) in non-repayable funding to support the development of a major molybdenum mining project in Greenland, reinforcing Western efforts to secure critical mineral...

Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire

Asian currencies traded in tight ranges on Monday as investors balanced easing geopolitical tensions in the Middle East with a busy week of key economic releases across Asia. While the tentative ceasefire between the...

Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan

Japans government is preparing an ambitious long-term economic strategy aimed at achieving sustained annual real economic growth of more than 1%, according to a draft of its latest economic and fiscal policy framework. The...

China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy

Chinas manufacturing sector is expected to return to modest growth in June, supported by resilient exports tied to the booming global artificial intelligence (AI) industry. However, economists caution that the recovery...

US Stock Futures Rise as US-Iran Ceasefire Hopes Boost Market Sentiment

U.S. stock index futures moved higher late Sunday as investors reacted positively to reports that the United States and Iran had agreed to suspend recent military hostilities and resume diplomatic negotiations, easing...

Politics

Australia, Vanuatu Sign Security Pact Amid Pacific Influence Competition

Australia and Vanuatu have officially signed a long-awaited development and security agreement, reinforcing their strategic partnership while highlighting the growing geopolitical competition for influence in the Pacific...

Serbia Protests Continue as Thousands Rally Despite Vucic’s Resignation Plan

Thousands of demonstrators gathered in the central Serbian city of Kraljevo on Sunday, maintaining pressure on President Aleksandar Vucic just one day after he announced plans to resign within weeks and trigger early...

Iran Skips U.S. Technical Talks Over Unmet MoU Conditions and Frozen Funds Dispute

Iran did not participate in the technical talks scheduled for Sunday, citing recent military attacks on the country and unresolved conditions outlined in its memorandum of understanding (MoU) with the United States. The...

Trump Announces September Overhaul of Washington’s East Potomac Golf Links

U.S. President Donald Trump announced that a major renovation of Washingtons historic East Potomac Golf Links will begin on September 1, with plans to transform the century-old public golf course into what he described as...

Andy Burnham Sets Out Vision to Decentralize Britain as Labour Leadership Race Begins

Andy Burnham is set to outline his vision for the United Kingdom on Monday as the Labour politician positions himself to succeed Keir Starmer as the countrys next prime minister. Burnham is expected to focus on shifting...

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

Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings

Chinese insurtech firm Baige Online Digital Technology Co. (HK:2672) delivered an impressive debut on the Hong Kong Stock Exchange on Monday, with its shares surging as much as 333% in early trading. The strong performance...

Baidu Shares Rally as Kunlunxin Eyes $50 Billion Hong Kong IPO

Baidu Inc. (HK:9888) shares climbed sharply on Monday after reports indicated that its artificial intelligence chip subsidiary, Kunlunxin, is aiming for a valuation of approximately $50 billion through a planned initial...

Open-Source AI Models Gain Ground as Enterprises Seek Lower-Cost Alternatives, Citi Says

Open-source artificial intelligence (AI) models are rapidly gaining traction as businesses search for cost-effective alternatives to proprietary AI systems, according to a new research note from Citi. The shift comes as...

Samsung, SK Hynix to Unveil $1.3 Trillion AI and Semiconductor Investment Plan

South Korean technology leaders Samsung Electronics and SK Hynix are reportedly preparing to announce investment plans worth a combined 2,000 trillion won (approximately $1.3 trillion) to strengthen the countrys...

UBS Raises TSMC Price Target to T$3,400 on Strong AI Chip Demand Outlook

Taiwan Semiconductor Manufacturing Company (TSMC) received a fresh vote of confidence from UBS after the investment bank raised its price target for the worlds largest contract chipmaker, citing robust artificial...
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