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NZ consumer confidence gains in Sep on upbeat house price expectations; RBNZ to hold fire

Sep 16, 2016 04:57 am UTC| Commentary Economy

Consumer confidence in New Zealand gained during the month of September, following upbeat housing price expectations. Also, the week witnessed strong economic data for the country, which is likely to administer for a...

U.S. August producer prices weaker than expected, likely to rebound gradually

Sep 16, 2016 04:30 am UTC| Commentary

U.S. producer prices came in weaker than anticipated in August as drop in the volatile energy, trade and food categories countered the rises throughout core price components. The countrys headline producer price inflation...

U.S. retail sales decline above expectations in August, consumer spending likely to grow 3.1 pct

Sep 16, 2016 04:11 am UTC| Commentary

The U.S. advance Census Bureau report showed yesterday that the countrys retail sales dropped in August. The print showed retail sales falling 0.3 percent in the month, much worse than the market expectations of a decline...

FxWirePro: The Day Ahead- 16th September, 2016

Sep 16, 2016 03:53 am UTC| Commentary Economy

Not many economic dockets scheduled for today but some with high risks associated. Upcoming: Italy: Trade balance for July will be reported at 8:00 GMT. Eurozone: Second quarter labor costs details will be...

Asian markets marginally higher, gold flat at $1,315

Sep 16, 2016 03:00 am UTC| Commentary

Asian markets were trading marginally higher on the last working day of the week. Important to note that South Korean, Chinese, Taiwanese and Hong Kongs markets are closed for holidays. Gold and silver exhibit range bound...

BoE stays pat, signals further rate cut possibility despite Brexit resilience

Sep 15, 2016 15:49 pm UTC| Commentary

Bank of Englands monetary policy committee left interest rates unchanged at 0.25 percent in a unanimous decision today. They also voted 9-0 to keep the Banks bond-buying programme target at 435 billion pounds and to...

Eurozone August inflation confirmed at 0.2 pct

Sep 15, 2016 15:27 pm UTC| Commentary

There were no surprises from Eurozone CPI data in August. Data from Eurostat released on Thursday confirmed the annual pace of inflation in the Eurozone at 0.2 percent in August, unchanged from July. For the wider European...

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Economy

Fitch Upgrades Argentina to B- as Milei Reforms Strengthen Economy

Fitch Ratings has upgraded Argentinas Long-Term Foreign Currency and Local Currency Issuer Default Rating to B- from CCC+ with a Stable outlook, signaling growing confidence in the countrys economic recovery under...

Asian Currencies Rise as Middle East Tensions Ease, South Korean Won Surges After Inflation Data

Asian currencies mostly strengthened on Wednesday as easing geopolitical tensions in the Middle East boosted investor confidence and weakened the U.S. dollar. Market sentiment improved after U.S. President Donald Trump...

Asian Stocks Rally as Iran War Fears Ease and AI Boom Lifts South Korea

Asian stock markets climbed on Wednesday as investor sentiment improved amid hopes of easing tensions between the United States and Iran. A strong rally in technology shares, fueled by continued enthusiasm around...

Gold Prices Rise as Weak Dollar and Lower Oil Prices Boost Safe-Haven Demand

Gold prices climbed during Asian trading on Wednesday as a softer U.S. dollar and declining oil prices supported investor demand for the precious metal. Market sentiment improved after signs of easing tensions in the...

Wall Street Futures Climb as Trump Signals Iran Deal Progress

U.S. stock index futures moved higher Tuesday night after President Donald Trump announced a temporary pause in Operation Freedom, a military initiative aimed at reopening the Strait of Hormuz. Investors reacted positively...

Politics

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...

Lula and Trump to Discuss Brazil-U.S. Anti-Crime Partnership During Washington Meeting

Brazilian President Luiz Inacio Lula da Silva is expected to prioritize security cooperation and organized crime prevention during his upcoming meeting with U.S. President Donald Trump in Washington this week. According to...

Trump Pauses Strait of Hormuz Shipping Operation as Iran Deal Nears

U.S. President Donald Trump announced Tuesday that the United States will temporarily pause Project Freedom, the military operation aimed at restoring commercial shipping through the Strait of Hormuz, as Washington moves...

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

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,...

Supermicro Forecasts Strong Q4 Revenue Growth as AI Server Demand Surges

Super Micro Computer (NASDAQ: SMCI) projected fourth-quarter fiscal 2026 revenue above Wall Street expectations, driven by continued growth in artificial intelligence infrastructure and strong demand for data center...

Samsung Surpasses $1 Trillion Market Cap Amid AI Chip Boom and Apple Partnership Talks

Samsung Electronics has officially crossed the $1 trillion market valuation milestone for the first time, fueled by soaring demand for AI memory chips and growing speculation about potential partnerships with Apple and...