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U.S. non-farm payrolls rise above expectations in October, jobless rate falls to 3.5 pct

Dec 06, 2019 16:28 pm UTC| Commentary

U.S. non-farm payrolls rose above expectations in October. Employment rose 266k, as compared with consensus expectations of a rise of 180k. Also, the data for prior two months was upwardly revised by 41k jobs. The jobless...

Swedish business sector production grows at subdued pace in October, indicates sluggish GDP growth in Q4

Dec 06, 2019 14:11 pm UTC| Commentary

Swedish production in the business sector came in soft in October, indicating towards sluggish GDP growth in the fourth quarter. Sequentially, business sector production grew 0.2 percent. However, data for previous...

German industrial production falls sequentially in October

Dec 06, 2019 11:47 am UTC| Commentary

German industrial production dropped sequentially in October, coming in much below than consensus expectations. Following the considerable fall in new orders, industrial production also dropped significantly by 1.7 percent...

FxWirePro: Asian markets flat, gold trades flat at $1,475 mark

Dec 06, 2019 06:28 am UTC| Commentary

All the major Asian indices were trading on a flat note on Friday. Gold was trading around $1,475 mark while silver was trading around $16.94 mark. Japans Nikkei was trading 0.25 pct higher at 23,358.50...

Polish zloty to remain broadly stable in 2020, EUR/PLN likely to trade around 4.30

Dec 05, 2019 19:38 pm UTC| Commentary

The volatility of Polish zloty increased recently by the changing global sentiment. The uncertainty around the CHF mortgages and the ruling of the Polish Supreme Court worried investors. Even if the court decision is not a...

Stability of Czech National Bank’s key interest rates likely in 2020

Dec 05, 2019 19:37 pm UTC| Commentary

The Czech National Bank has been in a wait-and-see mode in the second half of this year. Even if the domestic economy is still highly pro-inflationary, this development is mitigated by the anti-inflationary development in...

U.S. trade deficit narrows in October

Dec 05, 2019 18:30 pm UTC| Commentary

U.S. trade deficit narrowed for the second straight month in October, dropping to USD 47.2 billion from Septembers deficit of USD 51.1 billion. The rebound was slightly larger than consensus forecasts. Goods exports...

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Economy

Trump Signals Opposition to USMCA Renewal as U.S. Reviews Trade Relations with Canada and Mexico

President Donald Trump indicated that he may not support renewing the United States-Mexico-Canada Agreement (USMCA), raising fresh uncertainty about the future of North American trade. Speaking at the White House on...

US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment

The U.S. dollar posted modest gains on Wednesday as investors weighed mixed signals from inflation data alongside escalating geopolitical tensions in the Middle East. The U.S. Dollar Index (DXY), which measures the...

Gold Prices Drop as Strong Dollar, Rising U.S.-Iran Tensions Weigh on Market Sentiment

Gold prices fell sharply on Wednesday, declining more than 4% as investors reacted to a stronger U.S. dollar, heightened geopolitical tensions in the Middle East, and changing expectations for Federal Reserve interest...

Oil Prices Surge Above $93 as Trump Escalates Iran Pressure and Strait of Hormuz Tensions Deepen

Global oil prices climbed sharply on Wednesday as U.S. President Donald Trump intensified pressure on Iran, raising concerns over prolonged disruptions in the Middle East and tightening global energy supplies. Brent crude...

Wall Street Slides as U.S.-Iran Tensions Escalate; Tech Stocks Extend Losses in 2026

Wall Street ended sharply lower on Wednesday as growing tensions between the United States and Iran overshadowed inflation data that largely met market expectations. Investors moved away from risk assets amid concerns...

Politics

Venezuela Deploys Troops to Crack Down on Illegal Gold Mining Amid Push for Foreign Investment

Venezuela has launched a military operation targeting illegal armed groups that control major gold mining areas in the countrys south, according to local residents and human rights organizations. The deployment is focused...

Peru Election Results Remain Uncertain as Tight Presidential Race Heads Toward Legal Review

Perus presidential election remains too close to call as vote counting entered its fourth day, with the outcome likely to be determined through a lengthy legal review of disputed ballots. Conservative candidate Keiko...

US Warns of More Strikes on Iran as Trump Pushes for Peace Deal

U.S. Defense Secretary Pete Hegseth has warned that American forces are prepared to carry out President Donald Trumps orders and launch additional strikes against Iran if necessary, signaling a potential escalation in...

US Launches New Strikes on Iran as Middle East Conflict Intensifies in 2026

The United States has launched a new wave of military strikes against Iran, marking a significant escalation in the ongoing Middle East conflict. According to U.S. Central Command (CENTCOM), the operation began at 5:15...

Florida Supreme Court Allows GOP Congressional Map to Stand Ahead of 2026 Midterm Elections

The Florida Supreme Court has ruled that a new Republican-backed congressional map will remain in place for the 2026 midterm elections, delivering a significant victory for the GOP as it seeks to maintain its narrow...

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

Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027

Oracle Corporation (NYSE: ORCL) delivered stronger-than-expected fiscal fourth-quarter 2026 results, surpassing Wall Street estimates on both earnings and revenue. Despite the positive performance and improved annual...

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...

OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets

OpenAI has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), taking a major step toward a potential initial public offering (IPO). The move positions the...

Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026

Apple has introduced the latest version of its Apple Intelligence platform at the Worldwide Developers Conference (WWDC) 2026, signaling a stronger push into the rapidly evolving artificial intelligence market. The...
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