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Mon, Aug 10, 2026 06:57 AM All times are UTC

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UK gilts edge slightly higher ahead of BoE Governor Carney’s speech

Jan 08, 2020 11:28 am UTC| Commentary Economy

The United Kingdoms gilts edged tad higher during mid-week European trading hours Wednesday amid a muted trading session that witnessed data of little economic significance ahead of a speech by Bank of England (BoE)...

German factory orders fall unexpectedly at sharp rate in November

Jan 08, 2020 11:06 am UTC| Commentary

German new orders in the manufacturing sector dropped unexpectedly at a sharp rate of 1.3 percent sequentially in November. Consensus expectations were for a rise of 0.2 percent. The figures are a disappointment, although...

German bunds narrowly mixed in muted session ahead of November trade balance

Jan 08, 2020 10:21 am UTC| Commentary Economy

The German bunds remained narrowly mixed during European session Wednesday amid a muted trading session that witnessed data of little economic significance ahead of the countrys trade balance data for the month of...

Global aluminium price to rise in 2020 despite surplus, says Capital Economics

Jan 08, 2020 08:58 am UTC| Commentary Economy

Global aluminium price is expected to rise this year even if, as the market flips from a deficit to a surplus. This is due to expectations that investors will focus on a more positive backdrop for aluminium demand, amid...

TWD likely to advance further in weeks ahead, further upside seen despite recent equity outflow: Scotiabank

Jan 08, 2020 07:49 am UTC| Commentary Economy

The TWD is expected to advance further in the weeks ahead, as the US Department of the Treasury will update its semi-annual currency-monitoring list due in mid-October 2019 and mid-April 2020, according to the latest...

Digital Currency Revolution

Former CEO of Bakkt Officially Sworn-in As The US Senator

Jan 08, 2020 06:44 am UTC| Research & Analysis Digital Currency Commentary

Kelly Loeffler, who happens to be the former CEO of ICE-backed crypto exchange Bakkt, has sworn-in to serve in the US Senate, she has officially been appointed by Georgia Governor, Brian Kemp. She announces this news...

FxWirePro: Asian markets considerably down, gold jumps above $1,600 mark in early Asia

Jan 08, 2020 05:37 am UTC| Commentary

All the major Asian indices were trading on a lower note on Wednesday. Gold was trading around $1,590 mark while silver was trading around $18.54 mark. Japans Nikkei was trading 1.60 pct lower at 23,201.50...

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Economy

South Korean Won Leads Asian FX Losses as Dollar Rises

The South Korean won led declines across Asian currencies on Monday as the U.S. dollar strengthened, while the Japanese yen retreated after giving up some of its intervention-driven gains. The U.S. Dollar Index rose 0.18%...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to support the market, despite Iran and Oman moving closer to an agreement on new shipping routes through the strategic...

Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data

Gold prices remained largely steady on Monday, hovering near a seven-week high as investors assessed Middle East geopolitical risks and looked ahead to key U.S. inflation data that could influence the Federal Reserves...

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets

Asian stocks mostly advanced on Monday, following record highs on Wall Street as weaker-than-expected U.S. employment data reduced expectations for a Federal Reserve interest rate hike in September. Japan and South Korea...

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears

Asian stock markets moved higher on Monday, following record gains on Wall Street as weaker U.S. employment data reduced expectations for an imminent Federal Reserve interest rate hike. Oil prices also advanced as...

Politics

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

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

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...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...