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FxWirePro: Asian markets in green, gold trades flat at $1,477 mark

Dec 17, 2019 04:54 am UTC| Commentary

All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,477 mark while silver was trading around $17.05 mark. Japans Nikkei was trading 0.45 pct higher at 24,063.20...

Australian bonds mixed on optimism over U.S.-China trade deal; U.S. yields close at record high

Dec 17, 2019 04:35 am UTC| Commentary Economy

The Australian bonds remained mixed during Asian session of the second trading day of the week Tuesday following optimism over the U.S.-China trade deal that pushed stocks to close at record-highs in the overnight...

Canadian manufacturing sales likely to have grown softly in October

Dec 16, 2019 19:06 pm UTC| Commentary

Canadian manufacturing sales data for the month of October is set to release tomorrow. According to a TD Economics research report, the manufacturing sales are likely to have risen 0.1 percent in October as a huge drag...

Hong Kong’s jobless rate likely rose further in November, inflation to have accelerated

Dec 16, 2019 18:33 pm UTC| Commentary

Hong Kongs labor market data is set to release tomorrow. According to a DBS Bank research report, the jobless rate is likely to have risen further in November to 3.3 percent from Octobers 3.1 percent in the midst of...

Canadian existing home sales rise in November, likely to rise in 2020

Dec 16, 2019 17:07 pm UTC| Commentary

Canadian existing home sales rose 0.6 percent in November. The number of local markets where sales rose versus fell almost evenly split. The data throughout regions came in mixed. In B.C. sales rose 5.7 percent, owing to...

U.S. manufacturing sector’s activity continues to expand in December

Dec 16, 2019 16:06 pm UTC| Commentary

U.S. manufacturers saw a widely similar growth in December as was recorded in November, as hinted by just a marginal fall in the IHS Markit index. The flash manufacturing PMI index dropped to 52.5 from Novembers 52.6 in...

Indian inflation likely to ease from Q2 2020, RBI unlikely to ease monetary policy next year

Dec 16, 2019 15:07 pm UTC| Commentary

Indias early economic data for November combined with October data indicated some green shoots, noted ANZ in a research report. Most of the good news was seen in consumption indicators where a rise in diesel and petrol and...

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Economy

Trump Secures Russian Diesel Deal as US Fuel Prices Surge

US President Donald Trump announced Friday that Russia had agreed to immediately supply diesel to American and global markets, aiming to ease soaring fuel prices ahead of the November 3 midterm elections. However, energy...

Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed

Gold prices climbed for a second consecutive session on Friday, reaching a one-week high as declining oil prices strengthened demand for the precious metal. Investors also assessed the Federal Reserves interest rate...

US Dollar Rises for Fourth Week as Fed Rate Hike Bets Grow

The U.S. dollar extended its winning streak to four consecutive weeks, supported by expectations of additional Federal Reserve interest rate hikes and growing concerns over Europes fiscal stability. Meanwhile, the euro...

Oil Prices Slip as Trump Rules Out Iran Strike Before Midterms

Oil prices edged lower on Friday after U.S. President Donald Trump said Washington would not launch military strikes against Iran before the November midterm elections, easing concerns over potential disruptions to Middle...

Asian Stocks Mixed as OpenAI Revenue Concerns Hit Chipmakers

Asian stock markets traded unevenly on Friday as semiconductor shares declined following fresh concerns about OpenAIs revenue outlook, while rising oil prices and volatile bond markets weighed on investor sentiment. The...

Politics

Flydubai Co-Pilot Planned Suicide Attack on Israel Airport, UAE Says

An Omani flydubai co-pilot allegedly planned to hijack a Dubai-Tel Aviv flight and crash the aircraft into a terminal at Israels Ben Gurion Airport in a suicide attack on September 30, according to UAE prosecutors. UAE...

Trump Sanctions International Criminal Court, Sparking EU Backlash

US President Donald Trumps administration imposed sweeping sanctions on the International Criminal Court (ICC) on Friday, escalating tensions with European allies and raising concerns over the future of international...

JD Vance Questions Pentagon Plan to Livestream Fort Hood Shooter’s Execution

US Vice President JD Vance expressed uncertainty Friday over the Pentagons controversial plan to livestream the execution of Nidal Hasan, the former Army psychiatrist convicted of killing 13 people in the 2009 Fort Hood...

Trump Cancels Alabama Football Trip as Hurricane Isaias Approaches

US President Donald Trump canceled his planned visit to Alabama on Saturday to attend a highly anticipated college football game between Georgia and Alabama, citing safety concerns as Hurricane Isaias approaches the Gulf...

Zelenskiy Slams US-Russia Diesel Deal as Funding War

Ukrainian President Volodymyr Zelenskiy has strongly criticized a new US-Russia diesel supply agreement, warning that the deal could provide Moscow with additional financial resources to sustain its ongoing war against...

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

Robinhood Chain Eyes Priority Gas Auctions for Faster Trades

Robinhood Chain, the Ethereum Layer-2 blockchain designed for tokenized real-world assets (RWAs), is reportedly considering a new transaction-ordering system that would allow traders to pay additional fees for faster trade...

Zcash Plans Quantum-Resistant Security Upgrade for January

Zcash (ZEC) developers are preparing to introduce quantum-resistant security features in January 2027, aiming to protect cryptocurrency wallets against potential threats from advanced quantum computing and artificial...

Apple Cuts iPhone 18 Pro Production Orders Amid Weak Demand

Apple Inc. (NASDAQ: AAPL) has reportedly instructed several suppliers to reduce component production for its newly released iPhone 18 Pro and iPhone 18 Pro Max, signaling potential challenges for the companys latest...

OpenAI Revenue Hits $50 Billion, Below Earlier $70 Billion Estimate

OpenAI has informed investors that its annualized revenue reached nearly $50 billion in September, significantly below the $70 billion previously indicated, according to a Reuters report on Thursday. The revised figure...

Trump Buys Up to $25M in Meta Stock, Invests in SpaceX Debt

Meta Platforms (NASDAQ: META) shares briefly climbed more than 1% after President Donald Trumps latest financial disclosure revealed a stock purchase worth up to $25 million. The shares later trimmed their gains as...