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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

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

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...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

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

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...