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FxWirePro: Go long on GBP/USD; not so fast

Apr 30, 2019 14:10 pm UTC| Commentary

GBP/USD on the run, After bottoming around 1.286 area, GBP/USD is recovering on the back of a weaker USD, as rampant speculation over a rate cut by the U.S. Federal Reserve is weighing on the dollar. The pair is...

Canadian economic growth shrinks sequentially in February

Apr 30, 2019 13:53 pm UTC| Commentary

The Canadian economic activity shrank in February. On a sequential basis, the Canadian economic growth contracted 0.1 percent, coming in slightly below market expectations of no change. The fall was broad based, with just...

Global Geopolitical Series: Trump-Erdogan to negotiate over purchase of Russian S-400 MDS

Apr 30, 2019 13:41 pm UTC| Commentary

On Monday, the White House put an end to the speculations over sanctions on Turkey over its purchase of Russian made S-400 Missile Defense System (MDS) - a decision which came under intense criticism in the United States....

U.S. under Trump Series: Trump administration to ratchet up pressure on Mexico over drug cartels

Apr 30, 2019 13:20 pm UTC| Commentary

In the second half of 2019, the Trump administration is likely to intensify pressure on Mexico to curb the amount of drugs coming to the United States via the southern border with Mexico. We have already warned our readers...

German import price index rises year-on-year in March

Apr 30, 2019 13:00 pm UTC| Commentary

German import price index rose in the month of March, According to the Federal Statistical Office (Destatis), the index of import prices rose 1.7 percent year-on-year. In the prior months, the annual rates had risen 1.6...

Norwegian retail sales rebound in March, jobless rate remains unchanged in February

Apr 30, 2019 12:48 pm UTC| Commentary

Norwegian retail sales recovered in March. Consumption figures appear to be consistent with the central banks views. Sequentially, retail sales rose 0.6 percent in March, coming in line with the consensus expectations....

Euro area economic growth accelerates above expectations in Q1 2019

Apr 30, 2019 11:57 am UTC| Commentary

Euro area economic growth accelerated in the first quarter of this year. Eurostats advance estimate showed that the economy grew 0.4 percent quarter-on-quarter, as compared with consensus expectations of a growth of 0.3...

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Economy

Oil Prices Rise as Houthi Attacks Threaten Middle East Supply

Oil prices climbed on Monday as escalating Middle East tensions, renewed Houthi attacks on Saudi Arabia, and tanker incidents near the Strait of Hormuz heightened concerns over global crude supply disruptions. Brent crude...

Bank of America Predicts Yen Rebound as USD/JPY Faces Risks

The Japanese yens prolonged depreciation has been driven entirely by offshore trading activity since 2025, according to Bank of America (BofA), highlighting a significant shift in global foreign exchange market dynamics....

Deutsche Bank CEO Urges Faster German Economic Reforms

Deutsche Bank CEO Christian Sewing has urged the German government to accelerate economic reforms, warning that slow implementation and political compromises could weaken Germanys competitiveness and long-term growth...

Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal

US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskyy, deepening tensions between Washington and Kyiv over a controversial agreement allowing Russian diesel exports to global markets....

Trump Secures Russian Diesel Deal as US Fuel Prices Surge

US President Donald Trump announced Friday that Russia had agreed to immediately supply diesel to American and global markets, aiming to ease soaring fuel prices ahead of the November 3 midterm elections. However, energy...

Politics

Houthis Warn Saudi Airports After Deadly Riyadh Attack

Yemens Iran-backed Houthis have warned airlines, passengers and airport employees to avoid Saudi Arabian airports and airspace following a deadly attack on Riyadhs King Khalid International Airport that killed 12 people...

Yandex Data Center Hit by Drone Strike as Russia-Ukraine Cyber Infrastructure Attacks Escalate

Russian technology giant Yandex has suspended operations at a major data center in the Vladimir region following a drone strike, marking the third attack on its server infrastructure within four days as the Russia-Ukraine...

Zelenskiy Offers Russia Energy Truce Amid Trump Pressure

Ukrainian President Volodymyr Zelenskiy said Sunday that Ukraine is prepared to suspend attacks on Russian oil refineries if Moscow agrees to stop targeting Ukrainian energy infrastructure, rejecting US President Donald...

Flydubai Co-Pilot Planned Suicide Attack on Israel Airport, UAE Says

An Omani flydubai co-pilot allegedly planned to hijack a Dubai-Tel Aviv flight and crash the aircraft into a terminal at Israels Ben Gurion Airport in a suicide attack on September 30, according to UAE prosecutors. UAE...

Trump Sanctions International Criminal Court, Sparking EU Backlash

US President Donald Trumps administration imposed sweeping sanctions on the International Criminal Court (ICC) on Friday, escalating tensions with European allies and raising concerns over the future of international...

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

Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

Executives at Chinese artificial intelligence startup Moonshot AI are reportedly negotiating a settlement with Recurrent.ai over allegations of misconduct, as the company prepares for its planned Hong Kong initial public...

Amazon in Talks to Acquire AI Startup Decart for $7 Billion

Amazon is reportedly negotiating a potential $7 billion acquisition of artificial intelligence startup Decart, signaling the technology giants growing ambitions in generative AI, real-time video processing, and advanced...

Apple Supplier Luxshare Sees Limited Impact From US Patent Probe

Chinese electronics manufacturer Luxshare Precision Industry expects minimal disruption to its business from a US patent infringement investigation involving power supply technology used in data centres. In a stock...

Elon Musk Eyes Semiconductor Manufacturing Expansion With $15 Billion Terrafab Project

Elon Musk believes his companies could eventually outperform established semiconductor manufacturers by developing more efficient chip production methods, although he cautioned that achieving this ambition could take...

Robinhood Chain Eyes Priority Gas Auctions for Faster Trades

Robinhood Chain, the Ethereum Layer-2 blockchain designed for tokenized real-world assets (RWAs), is reportedly considering a new transaction-ordering system that would allow traders to pay additional fees for faster trade...