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Australian bonds sag on higher risk appetite; RBA’s December meeting minutes in focus

Dec 19, 2016 04:58 am UTC| Commentary

The Australian government bonds slumped Monday as investors moved away from safe-haven buying amid gains in riskier assets including crude oil and equities. Also, investors will remain keen to focus on the tone of the...

Most Asian markets in red, gold stabilizes above $1,130 mark

Dec 19, 2016 04:27 am UTC| Commentary

All the major Asian indices were trading on a lower note on the start of a new week. On the other side, gold and silver were trading marginally higher in early hours of Asia. Gold was trading around $1,139 mark and silver...

Chart of the Day Series

Chart of the Day: Dollar and crisis

Dec 16, 2016 20:04 pm UTC| Commentary

This chart from zerohedge.comlays out the chronological history of the strength and the weaknesses of the dollar associated with the biggest financial events of those times. The history should make anyone cautious not...

Italian government set to support ailing banking sector with €15 billion

Dec 16, 2016 16:43 pm UTC| Commentary Economy

Italys banking sector is saddled with 356 billion euros of bad loans, around a third of the euro zones total. Monte dei Paschi di Siena the countrys third-largest lender is pushing ahead with a private rescue plan that is...

Industrial orders balance at UK manufacturers strongest in nearly two years - CBI survey

Dec 16, 2016 15:52 pm UTC| Commentary

An industry survey by the Confederation of British Industry, an employers lobby group, showed on Friday that the monthly industrial orders balance at UK manufacturers improved to 0 in December from -3 in November, highest...

Czech producer prices decline more-than-expected in November

Dec 16, 2016 15:22 pm UTC| Commentary

Czech Statistical Office on Friday released producer prices data for November which came out lower than anticipated. Figures from the Czech Statistical Office showed Czech industrial producer prices fell 1.3 percent...

French business climate beats expectations, improves markedly in December

Dec 16, 2016 15:10 pm UTC| Commentary

After being almost stable since August 2015, the French business climate indicator gained three points to show marked improvement in December 2016. Data released by the French statistical agency, National Institute of...

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Economy

Wall Street Slides as Treasury Yields Surge to 19-Year High

Wall Street stocks closed lower Tuesday as a sharp U.S. Treasury bond sell-off pushed long-term yields to their highest level in nearly two decades, weighing heavily on technology shares. Rising oil prices and renewed...

Oil Prices Rise as US-Iran Tensions Renew Strait of Hormuz Supply Fears

Oil prices climbed on Tuesday, extending their weekly gains as renewed US-Iran tensions heightened concerns about crude supply disruptions through the Strait of Hormuz, one of the worlds most important energy shipping...

Gold Prices Slide as Treasury Yields Surge, Fed Minutes in Focus

Gold prices fell sharply on Tuesday as surging U.S. Treasury yields and higher oil prices pressured the precious metal, while investors awaited the Federal Reserves July meeting minutes for fresh clues on the U.S. interest...

US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets

The U.S. dollar traded largely flat on Tuesday as expectations for a dovish Federal Reserve offset concerns over rising oil prices, elevated Treasury yields and continued tensions between the United States and Iran. The...

UK Wage Growth Holds at 3.5% as Unemployment Rises

UK wage growth excluding bonuses remained at 3.5% in the second quarter of 2026, while unemployment increased, pointing to further signs of weakness in the countrys labor market, according to the latest data covering June...

Politics

Israel Strikes Syrian Airbase Near Aleppo, Raising Tensions With Turkey

Israel launched eight airstrikes on Syrias Abu al-Duhur airbase near Aleppo on Tuesday, prompting condemnation from Turkey and concern from the United States over escalating regional tensions. Syrian state-run Ekhbariya...

Trump Says Iran Talks Halted as Hormuz Dispute Pushes Oil Higher

U.S. President Donald Trump said Tuesday that no negotiations with Iran were taking place and insisted the Strait of Hormuz remained open, contradicting Tehrans claim that the strategic waterway was still closed to...

Israeli Airstrike Kills Six Palestinians in Gaza as Trump Peace Plan Stalls

An Israeli airstrike in Gaza City killed at least six Palestinians and wounded 14 others on Tuesday, according to Gaza health officials, as efforts to advance U.S. President Donald Trumps Gaza peace plan remained stalled....

Pentagon Weighs Permanent U.S. Military Drawdown in Persian Gulf

The U.S. Department of Defense is assessing whether to permanently reduce its military presence in the Persian Gulfonce the Iran conflict ends, potentially reshaping Washingtons long-standing security posture in the Middle...

Philippines Confident in U.S. Defense Commitment Despite Middle East Redeployment

The Philippines does not expect a slowdown in military cooperation with the United States despite the redeployment of some American defense assets from the Indo-Pacific to the Middle East, a Philippine military official...

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

OpenAI Tightens AI Safety Monitoring After Security Incidents

OpenAI is strengthening oversight of its most advanced artificial intelligence models as the company works to prevent unexpected or potentially dangerous behavior from increasingly autonomous AI systems. The ChatGPT...

Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion

Moodys Ratings has affirmed NVIDIA Corporations (NASDAQ: NVDA) Aa1 senior unsecured rating and Prime-1 short-term commercial paper rating, while maintaining a positive outlook. The decision follows NVIDIAs plan to provide...

Anthropic Eyes $10B-Plus Credit Line Ahead of Potential IPO

Anthropic is reportedly considering expanding its revolving credit facility beyond an initial $10 billion target as the artificial intelligence company prepares for a potential initial public offering. Major Wall Street...

Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3

Moodys Ratings has upgraded four hybrid debt securities issued by Vodafone Group Plc (NASDAQ: VOD) to Baa3 from Ba1, following amendments to the instruments terms and conditions announced by the telecommunications group....

BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside

Bank of America expects Micron Technology (NASDAQ: MU) to deliver more than $230 in earnings per share by fiscal 2030, significantly above Wall Streets current peak estimates, as artificial intelligence demand reshapes the...
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