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Australia’s overall employment growth likely to slow to 2.0 pct y/y by end of 2019 and further in 2020, says ANZ Research

Oct 02, 2019 08:17 am UTC| Commentary Economy

With a significant and sustained change in momentum for the private sector unlikely in the near term, Australias overall employment growth is expected to slow to 2.0 percent y/y by the end of 2019 and further in 2020,...

USD/CNH likely to range trade in run-up to Washington talks due late next week, says Scotiabank

Oct 02, 2019 06:41 am UTC| Commentary Economy

The USD/CNH currency pair is expected to range trade in the run-up to the Washington talks due next Thursday and Friday, according to the latest research report from Scotiabank. Chinas official manufacturing PMI rose to...

FxWirePro: Asian markets noticeably down, gold trades flat at $1,477 mark

Oct 02, 2019 04:23 am UTC| Commentary

All the major Asian indices were trading on a lower note on Wednesday. Gold was trading around $1,477 mark while silver was trading around $17.20 mark. Japans Nikkei was trading 0.54 pct lower at 21,767.55...

Canadian economic output comes in flat in July, below expectations

Oct 01, 2019 17:54 pm UTC| Commentary

Canadas economic output came in flat in July, coming in below market expectations of a rise of 0.1 percent sequentially. Out of 20 major industry groupings, only 12 recorded rising output. Goods producing industries led...

Euro area’s headline inflation eases in September on drop in energy prices

Oct 01, 2019 16:23 pm UTC| Commentary

Euro areas inflation rate eased in September owing to the development of energy prices. On a year-on-year basis, the preliminary euro area inflation slowed to 0.9 percent, below the 1 percent mark for the first time in...

U.K. manufacturing PMI recovers in September, index rises to 48.3

Oct 01, 2019 14:25 pm UTC| Commentary

The U.K. manufacturing PMI recovered in September after the fall seen in the prior month to a seven-year low. The PMI index rose to 48.3 in September from Augusts 47.4. Market expectations were for a further fall to 47. In...

U.S. Treasuries plummet ahead of September ISM manufacturing PMI, host of FOMC speeches

Oct 01, 2019 11:56 am UTC| Commentary Economy

The U.S. Treasuries plummeted during Tuesdays ahead of the countrys ISM manufacturing PMI for the month of September, scheduled to be released today by 14:00GMT and few speeches by members of the Federal Open Market...

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Economy

Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates

Chinas northeastern city of Changchun, widely recognized as the home of FAW Group, is moving to transform its traditional automotive industry as the countrys electric vehicle (EV) market continues to evolve. The city has...

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...

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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