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Thu, Jun 11, 2026 08:10 PM All times are UTC

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FxWirePro: The Day Ahead-12th July 2019

Jul 12, 2019 04:41 am UTC| Commentary

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data and events so far: Japan: Industrial production grew 2.2 percent m/m in May, but still down 2.1 percent...

Australian 10-year bond yield hits 1-month high tracking U.S. peer after better-than-expected June CPI

Jul 12, 2019 04:38 am UTC| Commentary Economy

Australian 10-year government bond yield hit 1-month high during Asian session of the last trading day of the week Friday, tracking a similar movement in the U.S. Treasuries after the United States consumer price inflation...

FxWirePro: Asian markets marginally higher, gold trades flat at $1,407 mark

Jul 12, 2019 04:10 am UTC| Commentary

All the major Asian indices were trading on a higher note on Friday. Gold was trading around $1,407 mark while silver was trading around $15.12 mark. Japans Nikkei was trading 0.08 pct higher at 21,660.49...

Chinese exports likely to have dropped in June, import growth to narrow amidst subdued domestic demand

Jul 11, 2019 20:09 pm UTC| Commentary

Chinas foreign trade data for the month of June is set to release tomorrow. According to a DBS Bank research report, exports and imports are likely to have dropped 4.5 percent year-on-year in June, from advancement of 1.1...

India’s headline inflation likely to have eased slightly in June, RBI likely to cut rate by 25 bps in August

Jul 11, 2019 19:45 pm UTC| Commentary

Indias inflation data for June and industrial production data for May are set to release tomorrow. According to a DBS Bank research report, the inflation is likely to have come in at 3 percent year-on-year. Consensus...

Singaporean economic growth likely to have weakened in Q2 2019

Jul 11, 2019 18:59 pm UTC| Commentary

Singaporean economic growth data for the second quarter is set to release tomorrow. According to a DBS Bank research report, the economy is likely to have grown 1.3 percent year-on-year in the June quarter and 1.4 percent...

U.S. weekly initial jobless claims fall, insured jobless rate comes in at 1.2 pct

Jul 11, 2019 18:00 pm UTC| Commentary

The seasonally adjusted U.S. initial jobless claims for the week ended 6 July dropped 13k to 209,000, showed the U.S. Department of Labor. The prior weeks claims was upwardly revised by 1000 to 222,000. The four-week...

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Economy

Kremlin Says New EU Sanctions Won’t Hurt Russian Banks

The Kremlin has dismissed concerns over the European Unions latest sanctions proposal, stating that additional restrictions on Russian banks are unlikely to disrupt the countrys financial sector or reduce bank...

Pakistan Economy Grows 3.7% in FY2026 Amid Strong Fiscal Performance

Pakistans economy is projected to expand by 3.7% in the fiscal year ending June 2026, according to the countrys annual economic survey released on Thursday. The report highlights improving macroeconomic indicators, lower...

European Stocks Rise Ahead of ECB Rate Decision as Investors Buy the Dip

European stocks moved higher on Thursday as investors returned to the market to buy undervalued shares following several weeks of pressure caused by persistent higher-for-longer interest rate expectations. Market...

US Stock Futures Rally as U.S.-Iran Peace Talks Boost Market Sentiment Despite Ongoing Strikes

U.S. stock index futures climbed sharply on Thursday as reports of ongoing peace negotiations between the United States and Iran helped ease investor concerns over escalating Middle East tensions. The positive developments...

ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns

The European Central Bank (ECB) is expected to end its year-long pause on interest rate increases this Thursday, signaling a more hawkish stance as rising energy costs and persistent inflation continue to challenge the...

Politics

Xi’s North Korea Visit Strengthens Ties and Elevates Kim Jong Un’s Global Standing

Chinese President Xi Jinpings recent two-day visit to North Korea marked a significant diplomatic milestone, with both Beijing and Pyongyang portraying the trip as a major success. The visit reinforced the growing...

U.S.-Iran Peace Talks Continue Despite Escalating Military Strikes

The United States and Iran continued negotiations over a potential peace agreement overnight, even as both countries exchanged military strikes for a second consecutive day, according to reports from CNN and Reuters....

FBI Faces Historic Security Challenge Ahead of 2026 FIFA World Cup

The FBI is preparing for what Director Kash Patel describes as one of the largest security operations in U.S. history as the 2026 FIFA World Cup kicks off. With 48 teams, 36 base camps, 11 stadiums, and an estimated 3...

G7 Summit 2026 to Focus on Middle East Conflicts, Ukraine War, and Global Economic Challenges

The upcoming G7 Summit, scheduled for June 1517 in Evian-les-Bains, France, is expected to be dominated by discussions on the wars in the Middle East and Ukraine, as leaders seek to maintain unity amid growing geopolitical...

Keiko Fujimori Narrowly Leads Peru Presidential Election as Overseas Votes Shift Race

Keiko Fujimori has regained a razor-thin lead in Perus closely contested presidential election, as overseas ballots pushed the conservative candidate ahead of her leftist rival Roberto Sanchez in one of the tightest races...

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

SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans

SK Hynix shares recovered from early losses on Thursday after reports revealed the companys ambitious plan to significantly expand its wafer production capacity over the next decade. The South Korean memory chip...

OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic

OpenAI is reportedly considering major price cuts for its artificial intelligence services as competition in the AI industry continues to intensify. According to a Wall Street Journal report citing sources familiar with...

Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027

Oracle Corporation (NYSE: ORCL) delivered stronger-than-expected fiscal fourth-quarter 2026 results, surpassing Wall Street estimates on both earnings and revenue. Despite the positive performance and improved annual...

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...