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Fed Hike Aftermath Series

FED hike aftermath series - Why Banxico followed FED to hike rates?

Dec 18, 2015 12:01 pm UTC| Commentary Central Banks

Bank of Mexico, which is widely known as Banxico followed footsteps of US Federal Reserve and hiked interest rate by 25 basis points. The move was widely expected but remains somehow controversial. Inflation rate in...

Norway wage rate likely to grow at 2.8pct in 2016

Dec 18, 2015 11:49 am UTC| Commentary

The Norges Bank hold the bank rate unchanged at 0.75% yesterday, was in line with markets expectation. However, few experts argued that the Bank may cut rate as fall in oil prices hit the economy, and monetary majors are...

China house prices growth pick up pace

Dec 18, 2015 11:12 am UTC| Commentary Economy

Life may be returning to Chinas ailed housing sector as prices moved up steadily for seventh consecutive month. Prices in 70 cities surveyed up by 0.3% in November, after rising 0.2% in October. On yearly basis prices have...

US bond funds hit by record withdrawal

Dec 18, 2015 10:24 am UTC| Commentary

Rattles in US high yield bond market is just making investors jittery, which led to record wave of withdrawals from bond mutual funds and exchange traded funds. According to Lipper data, latest weekly withdrawals from the...

Currency War Series

Taiwan's CBC intends to further weaken TWD and to boost export competitiveness

Dec 18, 2015 09:46 am UTC| Commentary Central Banks

Taiwans central bank, Central Bank of Republic of China, CBC has delivered a cut in its policy rate in its monetary policy by cutting 12.5 bps, the current interest rate is 1.625% In the second half of this year, the...

Currency War Series

Bank Indonesia likely to cut 25 bps early next year

Dec 18, 2015 09:41 am UTC| Commentary Central Banks

Indonesias central bank, Bank Indonesia kept its interest rates on hold in its monetary policy meeting at the rate of 7.5% in order to anchor IDR stability. Like in latest MPC statements, the central bank sees a window...

FxWirePro: Euro might test recent low against yen

Dec 18, 2015 09:38 am UTC| Commentary

Euro is sharply down against Yen, covering most of the gains post-ECB disappointment. Yen is playing largest part to the decline today. Bank of Japan (BOJ) unveiled new sets of stimulus (tweak actually), which includes,...

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Economy

Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone

The U.S. dollar remained close to its strongest level in more than two weeks on Thursday, supported by a hawkish shift from Federal Reserve policymakers that pushed Treasury yields to a one-month high. Currency markets are...

US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves

U.S. stock index futures traded mixed on Wednesday evening as investors reacted to the Federal Reserves latest policy decision, rising oil prices, and a fresh round of earnings from major technology companies. Market...

China Factory Activity Extends Growth in April Despite Global Pressures

Chinas manufacturing sector continued to expand for a second consecutive month in April, signaling resilience in the worlds second-largest economy despite ongoing global uncertainties. According to official data from the...

AI Stocks Rally in Asia as Oil Surge and Hawkish Central Banks Shake Global Markets

Asian markets showed resilience on Thursday as AI-related stocks climbed following strong earnings from major U.S. tech firms, even as rising oil prices and tightening monetary policy pressured global bonds and currencies....

China Manufacturing PMI Beats Forecasts in April Amid Weak Domestic Demand

Chinas manufacturing sector showed modest growth in April, surpassing expectations, but broader economic momentum remained uneven due to weak domestic demand and slowing non-manufacturing activity. According to data...

Politics

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

US-China Talks Put Taiwan at Center of Rising Geopolitical Tensions

A high-stakes diplomatic meeting between the United States and China is drawing global attention, with Taiwan emerging as a central issue that could reshape regional stability. As U.S. President Donald Trump prepares for a...

Trump Considers Reducing U.S. Troops in Germany Amid NATO Tensions

U.S. President Donald Trump has signaled that his administration is reviewing a potential reduction of American troops stationed in Germany, a move that could reshape U.S. military presence in Europe and impact NATO...

US Proposes Maritime Freedom Construct to Secure Strait of Hormuz Shipping

The United States is urging allied nations to support a new international initiative aimed at safeguarding navigation through the Strait of Hormuz, a critical global shipping route that has recently experienced...

NYC Mayor Urges King Charles to Return Koh-i-Noor Diamond During U.S. Visit

New York City Mayor Zohran Mamdani has called on Britains King Charles III to return the historic Koh-i-Noor diamond to India, bringing renewed attention to long-standing debates over colonial-era artifacts. His remarks...

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

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...

Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition

Microsoft has projected stronger-than-expected growth for its Azure cloud business, signaling continued momentum in the competitive cloud computing and artificial intelligence market. The company announced it expects Azure...