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FxWirePro: Asian markets marginally higher, gold touches $1,417 mark

Jul 23, 2019 04:33 am UTC| Commentary

All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,417 mark while silver was trading around $16.19 mark. Japans Nikkei was trading 1.12 pct higher at 21,657.55...

Central Bank of Russia likely to cut policy rate by 25 bps in July

Jul 22, 2019 19:31 pm UTC| Commentary

The Central Bank of Russia is set to meet this week for its policy rate decision. According to a Barclays research report, the central bank is expected to cut its key rate by 25 basis points. Inflation has continued to...

Brazilian inflation likely to remain below target rate for 2019-2020, BCB to cut rates by 75 bps in 2019

Jul 22, 2019 19:03 pm UTC| Commentary

Brazilian consumer inflation began 2019 under significantly more pressure than in 2018, with prices rising 2.2 percent in the initial five months of the year, as compared with 1.3 percent in the same period last year,...

Singaporean headline inflation likely to have remained stable in June

Jul 22, 2019 18:22 pm UTC| Commentary

Singaporean June inflation data is set to release tomorrow. According to a DBS Bank research report, the headline consumer price inflation is likely to have remained stable at 0.9 percent year-on-year, unchanged from Mays...

U.S. existing home sales growth likely to rebound in months ahead

Jul 22, 2019 14:21 pm UTC| Commentary

U.S. existing home sales had recovered to a three-month high in May, driven by lower mortgages rates and ongoing labor market strength. Mortgages rates below 4 percent have created attractive purchasing conditions, yet the...

Singaporean full year growth forecast likely to be revised down, disinflationary pressures to persist

Jul 22, 2019 13:33 pm UTC| Commentary

The Ministry of Trade and Industry of Singapore affirmed during the weekend that the nations full year growth is expected to be downwardly revised again. In the second quarter, the Singaporean economy barely expanded,...

Fundamentals to watch out for this week

Jul 22, 2019 12:45 pm UTC| Commentary Central Banks

In terms of volatility risks, this week is heavy with the focus on central banks and geopolitics, What to watch for over the coming days: Central Banks: European Central Bank (ECB) will release a lending survey...

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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

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

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...
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