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New Zealand’s annual current account deficit narrows in Q1, in line with historical average

Jun 19, 2019 07:18 am UTC| Commentary Economy

New Zealands annual current account deficit narrowed $0.6 billion from an upwardly revised Q4 to $10.6 billion in Q1. This saw the current account deficit as a share of GDP narrow from 3.8 percent to 3.6 percent, which is...

Stable-Coin Series: Regulatory Approach on Facebook's Libra Coin

Jun 19, 2019 06:24 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Facebook, the social media giant, officiallylaunchedits much-anticipated cryptocurrency today with the launch of its officialwebsiteand whitepaper. The officialwhitepaper ofLibra, which was highly speculated...

Bank Indonesia likely to leave policy rate unchanged this week; prospects of rate cuts remain high

Jun 19, 2019 05:27 am UTC| Commentary Central Banks Economy

Bank Indonesia (BI) is expected to leave its policy rate unchanged at 6.00 percent at its monetary policy meeting on Thursday afternoon, but see rising odds of future monetary easing as Indonesias central bank chief and...

FxWirePro: The Day Ahead- 19th June 2019

Jun 19, 2019 05:16 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Upcoming: Germany: PPI inflation report for the month of May will be released at 6:00 GMT. Prior 2.5 percent...

Australian bond yields slump despite bounce-back in U.S. peer after Trump agrees to meet China’s Xi

Jun 19, 2019 04:53 am UTC| Commentary Economy

Australian government bond yields slumped during early Asian session Wednesday despite a bounce-back in the United States counterpart after President Donald Trump agreed to meet his Chinese peer Xi Jinping at the G-20...

FxWirePro: Asian markets remarkably up, gold remains well supported above $1,340 mark

Jun 19, 2019 04:40 am UTC| Commentary

All the major Asian indices were trading on a higher note on Wednesday. Gold was trading around $1,344 mark while silver was trading around $14.96 mark. Japans Nikkei was trading 1.70 pct higher at 21,327.49...

U.S. housing starts fall in May

Jun 18, 2019 17:32 pm UTC| Commentary

The U.S. housing starts dropped 0.9 percent in May to 1.27 million units from an upwardly revised 1.28 million units in April. The fall was mainly seen in the single-family segment that dropped 6.4 percent to 820k. The...

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Economy

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions

Spanish Prime Minister Pedro Sanchez arrived in China on Monday for his fourth visit in four years, reinforcing Spains commitment to an independent foreign policy that has increasingly put him at odds with U.S. President...

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...

Politics

Peru Presidential Election 2025: Lopez Aliaga Leads Early Results

Early official vote counts from Perus presidential election reveal that right-leaning candidate Rafael Lopez Aliaga is currently ahead of the competition, securing 23.4% of the vote. With only 5% of ballots tallied so far,...

Trump Dismisses Iran Talks, Orders Strait of Hormuz Blockade

President Donald Trump signaled indifference toward renewed diplomacy with Iran on Sunday, telling reporters at Joint Base Andrews, I dont care if they come back or not, if they dont come back, were fine. His remarks...

Swalwell Drops California Governor Bid Amid Sexual Assault Allegations

California Democratic Congressman Eric Swalwell has suspended his gubernatorial campaign following sexual assault allegations and mounting pressure from fellow lawmakers and former staff members to resign from Congress...

U.S. Blockade of Strait of Hormuz Sends Oil Tankers Into Retreat

Oil tankers are diverting away from the Strait of Hormuz as the United States prepares to enforce a naval blockade beginning Monday morning, following the collapse of weekend peace negotiations between Washington and...

Trump Blasts Pope Leo as "Weak" Amid Foreign Policy and Immigration Disputes

United States President Donald Trump launched a sharp public attack against Pope Leo on Sunday evening, branding the Catholic Churchs leader as weak on crime and terrible when it comes to foreign policy. The outburst came...

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

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...