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U.K. flash PMI indices indicate sharp fall in business sentiment in November, economic health likely soft in Q4

Nov 22, 2019 12:56 pm UTC| Commentary

The flash estimates of the U.K. PMIs indicated a sharp fall in business sentiment in November, painting a soft picture of health for the U.K. economy in the fourth quarter. The manufacturing headline balance fell to 48.3...

Thai economic growth continues to ease on strong THB, USD/THB to see upside risk in coming months

Nov 22, 2019 11:59 am UTC| Commentary Economy

Thai economy and exports continue to ease because of slower global growth and the strong Thai baht. The Bank of Thailand recently lowered interest rates by 50 basis points in 2019 and the minutes indicate towards a dovish...

Cryptocurrency Derivatives Series: Huobi Plans To Unveil Perpetual Swaps on First Anniversary

Nov 22, 2019 09:49 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The underlyingasset, bitcoin price trend has been struggling of late,butIts been a busyandexciting times for crypto-derivatives markets.Crypto-derivatives instruments are evolving as the response towards such instruments...

FxWirePro: Asian markets mixed, gold stabilizes below $1,470

Nov 22, 2019 05:23 am UTC| Commentary

All the major Asian indices were trading on a mixed note on Friday. Gold was trading flat around $1,464 mark while silver was trading around $17.08 mark. Japans Nikkei was trading 0.36 pct higher at 23,121.50...

Indian economic growth likely slowed further in Q2 FY20, RBI to cut rate by 50 bps in remainder of FY20

Nov 21, 2019 18:56 pm UTC| Commentary

Indian second quarter FY20 economic growth is expected to have decelerated further to 4.6 percent year-on-year from 5 percent seen in the prior quarter, according to an ANZ in a research report. Coming against favourable...

Canadian retail sales likely to have dropped in September

Nov 21, 2019 18:55 pm UTC| Commentary

Canadian retail sales data for the month of September is set to release tomorrow. According to a TD Economics research report, the retail sales are likely to have remained weak with a 0.3 percent fall in September. Weaker...

Norwegian unemployment unlikely to have changed in November, retail sales to have dropped in October

Nov 21, 2019 17:59 pm UTC| Commentary

Norwegian labor market data for the month of November is set to release next week. According to a Nordea Bank research report, a sideways movement in registered unemployment is expected. The seasonally adjusted figures are...

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Economy

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns

The Federal Reserve has launched a formal inquiry into major U.S. banks and their financial ties to the private credit sector, raising fresh concerns about systemic risk across the $1.8 trillion industry. The move comes as...

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

The ongoing Middle East war is sending shockwaves through the global economy, and even a fragile ceasefire brokered by U.S. President Donald Trump may not be enough to prevent lasting damage, World Bank President Ajay...

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Politics

U.S. Navy Deploys Warships to Clear Mines in Strait of Hormuz

The United States military announced Saturday that two Navy warships have transited the Strait of Hormuz in a strategic move to begin mine-clearing operations in one of the worlds most critical maritime corridors....

Britain Pauses Chagos Islands Deal Amid U.S. Opposition and Diplomatic Tensions

Britain has suspended plans to transfer sovereignty of the Chagos Islands to Mauritius following criticism from U.S. President Donald Trump, casting uncertainty over the future of the strategically vital Diego Garcia...

Iran's Lost Mines Threaten Strait of Hormuz Reopening and Global Oil Markets

A major obstacle has surfaced in efforts to reopen the Strait of Hormuz after Iran admitted it can no longer locate or recover all of the naval mines it deployed in the critical waterway, according to a New York Times...

MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions

American lawmakers are advancing one of the most aggressive semiconductor export control bills ever proposed. The Multilateral Alignment of Technology Controls on Hardware Act, widely known as the MATCH Act, has drawn...

FAA and Pentagon Approve Laser Counter-Drone System Along U.S.-Mexico Border

The Federal Aviation Administration and the Pentagon have reached a landmark agreement authorizing the deployment of a high-energy laser counter-drone system along the southern U.S. border. This milestone follows extensive...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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