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ADP employment report preview

Jun 05, 2019 10:19 am UTC| Commentary

ADP employment data to be released at 12:15 GMT, is todays one of the most vital dockets from the US to be watched by market participants. This report is one of the key data that investors will use to gauge US economic...

FxWirePro: German 10-yr bund price reaches record high; further rise likely

Jun 05, 2019 10:09 am UTC| Commentary

Amid risk aversion stemming from Sino-American trade dispute, where both parties have engaged in a tariff battle, German 10-year bund price has reached a fresh record high, while yields dropped to a record low. The 10-yr...

UK gilts gain despite better-than-expected May services PMI; BoE Gov Carney’s speech eyed

Jun 05, 2019 09:28 am UTC| Commentary Economy

The United Kingdoms gilts gained during European session Wednesday despite a better-than-expected result in the countrys services PMI for the month of May, released, early today. Investors remain keen to watch the Bank of...

German bunds flat after May services PMI exceeds estimates; eyes on ECB’s policy decision

Jun 05, 2019 09:17 am UTC| Commentary Economy

The German bunds remained flat during European session Wednesday after the countrys services PMI for the month of May exceeded market expectations, while investors will keep a close eye on the European Central Banks (ECB)...

FxWirePro Call Review: Brent target extended to $55 per barrel

Jun 05, 2019 08:12 am UTC| Commentary

Our calculations at FxWirePro suggests that further downside remains open for Brent crude price, as near term supply outweighs demand growth. While the International Energy Agency (IEA) reduced its oil demand growth...

National Bank of Poland likely to stand pat today

Jun 05, 2019 07:59 am UTC| Commentary

The National Bank of Poland is set to meet later today for rate decision. According to a Commerzbank research report, the central bank is expected to keep the monetary policy unchanged. Todays meeting would have been more...

FxWirePro Call Review: USD/JPY target extended to 104

Jun 05, 2019 07:33 am UTC| Commentary

Last week, we warned our readers that while the risk-affinity has gathered some momentum and the yen is retreating towards 110 per USD after reaching 109.1 per USD area, that the yen is likely to gain further grounds...

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Economy

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High

The Japanese yen steadied against the U.S. dollar on Tuesday after suffering a sharp decline in the previous session, as the impact of the recent joint U.S.-Japan currency intervention continued to fade. Meanwhile, the...

Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy

Singapores economy delivered stronger-than-expected growth in the second quarter of 2026, prompting the government to significantly raise its full-year GDP forecast as booming global demand for artificial...

England Drought Expands to 71% as Heatwave Deepens Water Crisis

Nearly three-quarters of England is now experiencing drought conditions as prolonged heat and exceptionally low rainfall put increasing pressure on water supplies, agriculture and wildlife, the British government said...

Gold Prices Rise as Fed Rate Hike Bets Ease

Gold prices extended their strong rally on Monday as weak U.S. employment data reduced expectations for further Federal Reserve interest rate hikes, while investors turned their attention to upcoming U.S. inflation...

Politics

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

North Korea Slams Japan’s 2026 Defense White Paper

North Korea has sharply criticized Japans 2026 Defense White Paper, accusing Tokyo of using concerns over Pyongyangs military activities to justify an expanding arms buildup and a more assertive defense posture. In a...

Russian Missile Attack on Kyiv Sparks Fires in City Centre

Russian forces launched a missile attack on Kyiv early Tuesday, triggering explosions and fires in the centre of the Ukrainian capital, according to local officials and witnesses. Kyivs military administration reported...

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

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...
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