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Australia’s business conditions and sentiment deteriorate in October

Nov 08, 2016 04:25 am UTC| Commentary

Businesses in Australia have recorded certain drop in both current conditions and sentiment in the month of October. The deterioration was broad-based throughout states and industries. In the month, business conditions...

Asian markets marginally higher, gold stabilizes above $1,280 mark

Nov 08, 2016 03:46 am UTC| Commentary

All the major Asian indices were trading on a higher note on Tuesday. On the other side, gold and silver were trading lower as U.S. dollar jumps. Gold was trading around $1,283 mark and silver was trading around $18.20...

Chart of the Day: Dwindling reserve

Nov 07, 2016 19:10 pm UTC| Commentary

Chinas foreign exchange reserve data for October is out today and it shows larger than expected decline. This chart shows that the relation between the FX reserves and the Chinese Yuan has been pretty...

Eurozone sentix index improves further in Nov, eases pressure on ECB for further stimulus

Nov 07, 2016 16:40 pm UTC| Commentary

Sentix Euro Zone Investor Confidence index improved further in November to hit the highest level for the year. Data released by Sentix GmbH, the Frankfurt-based Sentix group on Monday showed euro zone investor sentiment...

Rise in Australia's job advertisements in October points to improvement in labour market conditions

Nov 07, 2016 15:44 pm UTC| Commentary

Australias job advertisements rose 1.0 percent m/m in October after seeing no change in the prior month. Compared to a year ago period, growth in job ads stood at 5.2 percent from 3.8 percent in the previous month. In...

FxWirePro: GBP/USD outlook weaker on renewed downside pressure

Nov 07, 2016 15:39 pm UTC| Commentary

GBP/USD declined on Monday as the dollar rebounded on news that Hillary Clinton would not face criminal charges over her private e-mail server, boosting her chances on the eve of the U.S. presidential vote. The...

Poland's central bank likely to keep interest rate on hold till Q1 2018

Nov 07, 2016 14:54 pm UTC| Commentary

Central banks treaded carefully amidst uncertain economic outlook and as the details of Britains planned exit from the European Union unfolds. National Bank of Poland meets Wednesday, 9th November and is expected to keep...

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Economy

Asian Stocks Rally as Japan’s Nikkei Hits Record High on U.S.-Iran Peace Optimism

Asian stock markets surged on Thursday, led by Japanese equities as investors reacted positively to signs of easing tensions between the United States and Iran. Growing optimism surrounding a possible U.S.-Iran peace...

Gold Prices Rise as Weaker Dollar and U.S.-Iran Peace Hopes Boost Demand

Gold prices moved higher during Asian trading on Thursday after recording their strongest daily gain since March, supported by a weaker U.S. dollar and easing concerns over inflation linked to Middle East tensions....

Oil Prices Rebound Slightly After Sharp Drop on Iran Deal Hopes

Oil prices moved modestly higher during Asian trading on Thursday after suffering a steep decline of more than 7% in the previous session. Investors continued to monitor developments surrounding a possible U.S.-Iran...

Dollar Weakens as Iran Peace Hopes Boost Risk Appetite and Yen Gains Strength

The U.S. dollar slipped on Wednesday as investors shifted away from safe-haven assets and moved toward riskier investments following renewed optimism over a possible peace agreement between Washington and Tehran. The...

Wall Street Futures Slip After Record Rally Fueled by Iran Peace Hopes and AMD Surge

U.S. stock index futures edged lower on Wednesday evening after Wall Street closed at fresh record highs, driven by growing optimism over a possible peace agreement between the United States and Iran, alongside a powerful...

Politics

Trump Pauses Strait of Hormuz Escort Plan After Saudi Backlash

U.S. President Donald Trump has reportedly paused Project Freedom, a proposed military operation aimed at escorting ships through the Strait of Hormuz, after facing strong opposition from Saudi Arabia and other Gulf...

Ukraine Accuses Russia of Violating Ceasefire Amid Fresh Drone and Missile Attacks

Ukraine has accused Russia of breaking a newly proposed ceasefire just hours after it came into effect at midnight on Wednesday, intensifying tensions in the ongoing Russia-Ukraine war. Ukrainian officials reported that...

US Military Strike in Eastern Pacific Sparks Debate Over ‘Narco-Terrorist’ Operations

The U.S. military confirmed on Tuesday that it carried out another deadly strike in the Eastern Pacific, targeting a vessel allegedly linked to drug trafficking operations. According to U.S. Southern Command, the operation...

Guatemala President Bernardo Arevalo Appoints Gabriel Garcia Luna as New Attorney General

Guatemalan President Bernardo Arevalo has appointed former judge and university professor Gabriel Estuardo Garcia Luna as the countrys new attorney general, marking a significant political shift in Guatemalas justice...

Rubio Signals Possible U.S. Action on Cuba, Calls Current Situation “Unacceptable”

U.S. Secretary of State Marco Rubio said Tuesday that the current situation in Cuba is unacceptable, signaling that the United States intends to address ongoing concerns involving the island nation in the future. Speaking...

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

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 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

Hua Hong Semiconductor Stock Surges to Multi-Year High Amid AI Boom

Hua Hong Semiconductor shares soared on Wednesday as investors rushed into technology stocks fueled by strong artificial intelligence momentum and improving confidence in Chinas economy. The Hong Kong-listed chipmaker...

Infineon Raises 2026 Outlook as AI Data Center Chip Demand Surges

Infineon Technologies (ETR: IFXGn) raised its fiscal 2026 revenue growth forecast on Wednesday, citing booming demand for AI data center power chips despite continued weakness in the electric vehicle semiconductor market....

BHP Attracts AI-Focused Investors as Copper Demand Surges

BHP Group is drawing growing attention from international investors as the global artificial intelligence boom increases the value of copper, according to Chief Financial Officer Vandita Pant. Speaking at the Macquarie...

AMD Q1 Earnings Surge on AI Demand, Stock Jumps After Strong Guidance

AMD delivered stronger-than-expected first-quarter 2026 earnings, fueled by booming demand for artificial intelligence infrastructure and data center chips. The semiconductor giant reported adjusted earnings of $1.37 per...

Agentic AI Boom to Drive Massive Growth in CPU Market, UBS Says

The rapid rise of agentic AI is reshaping the future of data center infrastructure, creating major growth opportunities for CPU manufacturers such as Arm Holdings, AMD, and Intel. According to UBS analyst Timothy Arcuri,...
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