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Italian retail sales growth accelerates in September

Nov 07, 2019 15:52 pm UTC| Commentary

Italian retail sales grew in September. Sequentially, retail sales rose 0.7 percent in value terms and by 0.8 percent in volume terms, following two straight monthly declines in the series. In the third quarter, the value...

Euro area’s construction activity rises for second straight month in October, PMI index rises to 50.7

Nov 07, 2019 13:05 pm UTC| Commentary

Construction activity in the euro area rose for the second straight month in October and grew at the most rapid pace in four months, owing to a return to growth of new orders. The IHS Markit construction PMI index rose to...

German industrial production falls in September, trend for months ahead continue to point downwards

Nov 07, 2019 12:11 pm UTC| Commentary

German industrial production dropped 0.6 percent in September, as compared with prior months rise of 0.4 percent and consensus expectations of a fall of 0.4 percent. In the manufacturing sector, production dropped even...

U.S. Treasuries plunge ahead of weekly initial jobless claims, super-long 30-year auction

Nov 07, 2019 11:59 am UTC| Commentary Economy

The U.S. Treasuries plunged during Thursdays afternoon session ahead of the countrys weekly initial jobless claims and super-long 30-year auction, both scheduled for today at 13:30GMT and 18:00GMT. Also, Federal Open...

UK gilts slump ahead of BoE’s monetary policy meeting, Gov Carney’s speech

Nov 07, 2019 10:48 am UTC| Commentary Economy

The United Kingdoms gilts slumped during European trading hours Thursday ahead of the Bank of Englands (BoE) monetary policy meeting, scheduled to be held today by 12:00GMT, followed by Governor Mark Carneys speech later,...

German bunds narrowly mixed after September IP disappoints; trade balance in focus

Nov 07, 2019 09:42 am UTC| Commentary Economy

The German bunds remained narrowly mixed during European session Thursday after the countrys industrial production (IP) for the month of September disappointed market sentiments, while investors still keep a curious eye on...

BSP likely to keep policy rate unchanged through rest of the year given better-than-expected Q3 GDP, says ANZ Research

Nov 07, 2019 09:07 am UTC| Commentary Central Banks Economy

Bangko Sentral ng Pilipinas (BSP) is expected to keep its policy rate unchanged through the rest of the year given the better-than-expected performance of GDP in the third quarter of this year, according to the latest...

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Economy

Asian Stocks Slide as Tech Selloff Deepens and US-Iran Conflict Escalates

Asian stock markets declined on Thursday as a continued selloff in technology shares and escalating tensions between the United States and Iran weighed heavily on investor sentiment. Regional equities followed Wall Street...

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...

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

SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans

SK Hynix shares recovered from early losses on Thursday after reports revealed the companys ambitious plan to significantly expand its wafer production capacity over the next decade. The South Korean memory chip...

OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic

OpenAI is reportedly considering major price cuts for its artificial intelligence services as competition in the AI industry continues to intensify. According to a Wall Street Journal report citing sources familiar with...

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...
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