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Fri, May 08, 2026 04:08 AM All times are UTC

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Fundamentals do not back EUR/CZK floor, CNB could be forced into an earlier exit

Jan 11, 2017 15:31 pm UTC| Commentary

Czech Republic inflation data released on Tuesday revealed inflation accelerated sharply for the second consecutive month in December moving back into line with the CNBs target of 2.0 percent. Steep rise in inflation...

Oil in Global Economy Series

Oil markets snap decline following news of Saudi supply cuts

Jan 11, 2017 15:07 pm UTC| Commentary

Saudi Arabia, the worlds top oil exporter, has told some of its Asian customers that it will reduce their crude supplies slightly in February. Oil markets snapped declines and edged higher for the first time in three days...

PBoC launches spot checks on major bitcoin exchanges

Jan 11, 2017 14:48 pm UTC| Commentary Central Banks

The Peoples Bank of China (PBOC) said on Wednesday that it has launched spot checks on major bitcoin exchanges in Beijing and Shanghai, including BTCC, Huobi and OKCoin. The central bank said the reason behind the move was...

Asia ex-Japan growth in 2017 likely to accelerate slightly from 2016 – Goldman Sachs

Jan 11, 2017 14:45 pm UTC| Commentary

Asian countries are showing stronger export trends as industrial production recovers in major advanced Asian countries. Industrial production rose at the highest annual rate in Taiwan in November (8.8 percent y/y) since...

Hungary’s economic growth to recover in 2017 after likely slowdown in 2016

Jan 11, 2017 12:32 pm UTC| Commentary

Hungarys GDP rose strongly in 2015 by 3 percent; however, it is estimated to have slowed down significantly to 1.3 percent in 2016, noted Commerzbank in a research report. The economic growth has slowed because of a pause...

Commodities snapshot (precious & industrial)

Jan 11, 2017 12:31 pm UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is up this week but likely to face selling pressure around $1200 area. It is grinding higher today, despite a strong...

U.S. Treasuries remain flat ahead of 10-year auction, Trump’s speech closely eyed

Jan 11, 2017 12:25 pm UTC| Commentary

The U.S. Treasuries remained flat Wednesday as investors remained keen to observe the 10-year note auction, besides, the upcoming speech by the United States President-elect Donald Trump scheduled to be held later in the...

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Economy

China Export Growth Surges in April as Global Buyers Rush to Secure Supplies

Chinas export growth likely accelerated sharply in April as overseas companies increased orders to secure manufacturing supplies amid concerns that the ongoing Iran conflict could drive global production and shipping costs...

Japan’s Yen Intervention and BOJ Rate Hike Bets Support Currency Recovery

Japan reportedly intervened in the foreign exchange market during the Golden Week holidays in early May to stabilize the yen and curb speculative trading, according to Reuters. The move came after the USD/JPY exchange rate...

Lula and Trump Talks Signal New Phase in Brazil-US Relations

Brazilian President Luiz Inacio Lula da Silva said his lengthy White House meeting with U.S. President Donald Trump helped stabilize Brazil-US relations after months of tension linked to trade tariffs and political...

U.S.-China Beef Trade Deal Hopes Rise Ahead of Trump-Xi Summit

U.S. beef producers are pushing for renewed access to the Chinese market ahead of the May 14-15 summit between U.S. President Donald Trump and Chinese President Xi Jinping. American exporters hope the meeting will lead to...

Asian Currencies Slip as US Dollar Gains on Rising Iran Tensions and Awaited Jobs Data

Asian currencies mostly weakened on Friday while the U.S. dollar moved higher as investors reacted to renewed tensions between the United States and Iran, alongside expectations surrounding the upcoming U.S. nonfarm...

Politics

Trump Inspects Lincoln Memorial Reflecting Pool Renovation in Washington

U.S. President Donald Trump made a surprise visit Thursday to review renovations at the Lincoln Memorial reflecting pool, highlighting one of several major projects aimed at reshaping Washington, D.C. The restoration...

Judge Rules DOGE Humanities Grant Cuts Unconstitutional

A federal judge has ruled that the Trump administrations termination of hundreds of humanities grants through the Department of Government Efficiency (DOGE) was unconstitutional and discriminatory. The decision marks a...

Australia’s Wealthy Donors Shift Support to One Nation Amid Conservative Party Decline

Australias political landscape is undergoing a dramatic transformation as wealthy donors increasingly abandon the conservative Liberal Party in favor of Pauline Hansons populist One Nation party. The shift comes after the...

Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping

The Trump administration has reportedly invited executives from some of Americas largest corporations to join President Donald Trump on his upcoming trip to China next week, according to a Semafor report. The visit is...

Vietnam Plans AI-Driven Propaganda Push With Influencers and Podcasts

Vietnams Communist Party is preparing a major overhaul of its propaganda strategy by recruiting social media influencers and artificial intelligence experts to strengthen control over online narratives and public opinion....

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

CoreWeave Q1 2026 Revenue Surges as AI Infrastructure Demand Grows

CoreWeave reported mixed first-quarter 2026 earnings on Thursday, posting massive revenue growth driven by rising demand for artificial intelligence infrastructure, while widening losses reflected aggressive expansion...

AWS Data Center Overheating Disrupts Cloud Services in Northern Virginia

Amazon Web Services (AWS), the cloud computing division of Amazon, announced Thursday that it is actively working to restore normal operations after overheating issues at one of its Northern Virginia data centers caused...

Japan Tech Stocks Surge as AI Optimism Lifts SoftBank, Chipmakers

Japanese technology and semiconductor stocks rallied sharply on Thursday, driven by growing global optimism surrounding artificial intelligence and strong momentum in the AI chip sector. The surge followed impressive...

U.S.-China AI Talks May Take Center Stage at Trump-Xi Summit

The United States and China are reportedly exploring the possibility of launching formal discussions on artificial intelligence, according to a Wall Street Journal report published Wednesday. The talks could become a major...

Arm Stock Drops Despite Strong AI Chip Demand and Earnings Beat

Arm Holdings delivered stronger-than-expected quarterly earnings and revenue, driven by rising demand for artificial intelligence data center chips. However, despite the positive results, Arm stock reversed early gains in...