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FxWirePro: The Day Ahead- 2nd May 2018

May 02, 2018 05:10 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Japan: Markit services PMI rose to 52.5 in April. China: Caixin manufacturing PMI...

FxWirePro: The Day Ahead- 1st May 2018

May 01, 2018 05:36 am UTC| Commentary Central Banks

Not many economic data and events scheduled for today, but some with high volatility risks associated. Data released so far: Japan: Nikkei manufacturing PMI rose to 53.8 in April. Vehicle sales up 0.5 percent y/y...

FxWirePro: CBR shifts policy sentiments but uphold USD/RUB hedging portfolios with conviction

Apr 30, 2018 12:10 pm UTC| Research & Analysis Central Banks Insights & Views

CBR maintained status quo in its monetary policy, the base rate was on hold at 7.25% on Friday which was widely anticipated. There was little astonishment in the banks changed assessment that room for further rate cuts has...

Fundamentals to watch out for this week

Apr 30, 2018 10:46 am UTC| Commentary Central Banks

In terms of volatility risks, this week is quite heavy in terms of data and events. What to watch for over the coming days: Central Banks: Reserve Bank of Australia (RBA) will announce interest rate decision...

Fed Hike aftermath Series: Hike probabilities in upcoming meetings

Apr 30, 2018 05:18 am UTC| Commentary Central Banks

FOMC increased interest rates again in March and maintained its forecast for three rate hikes in 2018. FOMC also forecasted a faster pace of hikes next year than previously forecasted. March decision was unanimous. Current...

FxWirePro: The Day Ahead- 30th April 2018

Apr 30, 2018 04:52 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: China: NBS manufacturing PMI declined to 51.4 in April. Non-manufacturing PMI rose to...

Central Bank of Russia keeps key interest rate on hold at 7.25 pct

Apr 27, 2018 16:12 pm UTC| Commentary Central Banks

The Central Bank of Russia maintained its key interest rate at 7.25 percent today. While this was an expected move, the majority of market participants had expected a 25-basis point cut just one month ago, before the new...

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Economy

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Gold Prices Rise as Fed Rate Hike Bets Ease

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Politics

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

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FCC Steps Up China Tech Crackdown as Beijing Pushes Back

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North Korea Slams Japan’s 2026 Defense White Paper

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Russian Missile Attack on Kyiv Sparks Fires in City Centre

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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

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Trump Administration Releases New UFO Files and Apollo Mission Records

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

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Technology

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

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SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

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Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...
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