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NZ business confidence declines in October following tighter credit conditions

Oct 31, 2016 07:51 am UTC| Commentary Economy

Business confidence in New Zealand declined during the month of October, following tighter credit conditions in an environment where low interest rates have made money cheap for an extended period. A net 24.5 percent of...

US Election Series

US Election Series: Obama's legacy – lawlessness, ISIS and corruption

Oct 31, 2016 07:27 am UTC| Commentary Politics

President Barrack Obama is about to end his term in less than 90 days being as one of the worst President in the history of the United States. In terms of job approval rating, he is not the worst but not farfrom the worst....

Briferendum Aftermath Series

Briferendum Aftermath Series: Uncertainty surrounds Carney’s future at BoE

Oct 31, 2016 06:35 am UTC| Commentary Central Banks

In recent days there has been intense speculation on whether the Bank of England (BoE) governor Mark Carney will continue to serve his full eight-year terms or not. The Brexit supports have been campaigning for his...

Japan retail sales decline for seventh consecutive month in September

Oct 31, 2016 06:25 am UTC| Commentary Economy

Retail sales in Japan declined for the seventh straight month during the period of September, amid continued weakness in domestic consumption. Retail sales in Japan were flat on a seasonally adjusted monthly basis in...

Japanese bonds trade nearly flat ahead of BoJ’s monetary policy decision

Oct 31, 2016 06:21 am UTC| Commentary

The Japanese government bonds traded nearly flat Monday as investors await the Bank of Japan two-day monetary policy meeting, where it is widely expected to keep interest rates on hold. The benchmark 10-year bond yield,...

Japanese industrial production remains flat in September, rises on year

Oct 31, 2016 06:10 am UTC| Commentary Economy

Industrial production in Japan remained flat during the month of September, raising questions over the countrys manufacturing recovery. However, it rose on an annualized basis. Japans industrial output was unchanged...

FxWirePro: The Day Ahead- 31st October, 2016

Oct 31, 2016 05:31 am UTC| Commentary Economy

Lots of data and events today and some with high risks associated. Data released so far: Australia: Private sector credit grew by 5.4 percent. TD securities inflation rose by 1.5 percent y/y. New Zealand:...

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Economy

Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist

Federal Reserve officials indicated that additional interest rate hikes could be necessary if inflation fails to ease, according to minutes from the central banks July Federal Open Market Committee (FOMC) meeting. The Fed...

US Dollar Hits Three-Month Low as Treasury Yields Fall

The U.S. dollar dropped to its weakest level in more than three months on Wednesday as falling Treasury yields pressured the greenback, while investors assessed the Federal Reserves latest signals on inflation and interest...

Gold Tops $4,500 as Dollar Slides After Treasury Bond Move

Gold prices surged on Wednesday, breaking above $4,500 an ounce for the first time since early June as falling U.S. Treasury yields pressured the dollar and boosted demand for the precious metal. Spot gold climbed 4% to...

U.S. Public Debt Tops $40 Trillion for First Time

U.S. public debt has surpassed $40 trillion for the first time, marking a historic milestone as persistent federal deficits and years of elevated government borrowing continue to expand the nations debt burden. According...

Oil Prices Climb as US-Iran Hormuz Tensions Rattle Markets

Oil prices moved higher Wednesday, with Brent crude reaching a roughly four-week high as tensions between the United States and Iran over the Strait of Hormuz continued to fuel concerns about global energy supplies. Brent...

Politics

Ukraine Names Yevhenii Khmara Defence Minister Amid Election Row

Ukrainian lawmakers appointed Yevhenii Khmara as the countrys new defence minister on Wednesday, deepening a major political shake-up as President Volodymyr Zelenskiy faces pressure over wartime elections and a fresh...

Trump Administration Allocates $206 Million for Gaza Peacekeeping Force

President Donald Trumps administration is allocating more than $206 million to support a proposed Gaza peacekeeping force, marking the first major U.S. financial commitment to its stalled Gaza reconstruction and security...

Israel, Syria Discuss Turkey’s Military Presence Before Airstrike

Israels Mossad chief Roman Gofman held a rare phone call with Syrian Foreign Minister Asaad al-Shaibani on August 14, with Turkeys growing military presence in Syria dominating the discussion, according to three people...

UN Chief Raises Concern Over US Sanctions on ICC Officials

United Nations Secretary-General Antonio Guterres has expressed serious concern over the United States decision to impose sanctions on International Criminal Court President Tomoko Akane and senior trial lawyer Abdoulaye...

Israeli Airstrikes Kill 10 Palestinians in Gaza as Ceasefire Diplomacy Stalls

An Israeli airstrike on a police station in Gaza killed nine Palestinians on Wednesday, according to medics, as diplomatic efforts to advance U.S. President Donald Trumps Gaza peace plan remained stalled. Medical and...

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 Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead

OpenAI reported an 18% increase in second-quarter revenue, but widening losses and rapid growth at rival Anthropic are adding pressure on the ChatGPT maker, according to The Wall Street Journal. OpenAI told investors that...

Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut

Unitree Robotics shares skyrocketed in their Shanghai stock market debut on Wednesday, highlighting surging investor interest in Chinas robotics and artificial intelligence sectors. The Chinese humanoid robot maker saw its...

Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks

Goldman Sachs has identified nine Japanese semiconductor and electronic components stocks it believes are well positioned for growth, particularly as artificial intelligence and data center demand accelerates. The bank...

Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth

Baidu shares plunged to a near one-year low on Wednesday after the Chinese technology giant reported weaker-than-expected second-quarter results, as declining advertising revenue overshadowed strong growth across its...

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...
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