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FxWirePro: The Day Ahead- 24th April 2019

Apr 24, 2019 04:56 am UTC| Commentary

Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Data released so far: Australia: CPI inflation declined to 1.3 percent y/y in Q1 2019 from 1.8 percent...

USD/SGD likely to range trade between 1.345 and 1.362 over coming weeks, says Scotiabank

Apr 24, 2019 04:39 am UTC| Commentary Economy

The USD/SGD currency pair is expected to range trade between 1.345 and 1.362 in the coming weeks, with the Singaporean dollar running an increasingly tight correlation with the CNH, while diverging somewhat from the EURs...

FxWirePro: Asian markets mixed, gold slips below $1,270 mark

Apr 24, 2019 04:25 am UTC| Commentary

All the major Asian indices were trading on a mixed note on Wednesday. Gold was trading around $1,269 mark and silver was trading around $14.78 mark. Tokyos Nikkei was trading 0.48 pct lower at 22,158.85...

Australian 10-year yield plunges to 3-week low as disappointing inflation raises chances of RBA rate cut

Apr 24, 2019 03:44 am UTC| Commentary Economy

Australian 10-year government bond yield plunged to 3-week low during Asian trading session Wednesday following disappointment in the countrys consumer price inflation (CPI) data for the first quarter of this year, which...

FxWirePro: Maintain short positions in Silver targeting $14 per troy ounce

Apr 23, 2019 13:10 pm UTC| Commentary

Earlier this month, we warned that silver price is likely to move lower, and as expected silver is steadily showing signs of weakness. The ongoing strength of the U.S. economy and strong USD are largely behind...

FxWirePro: Maintain short positions in Gold as key level cleared

Apr 23, 2019 12:36 pm UTC| Commentary

Earlier this month, we warned that gold price is likely to break to a new yearly low in April, and as expected gold has indeed broken into new yearly lows and currently trading at $1273 per troy ounce. The ongoing...

U.S. Treasuries edge tad higher ahead of short-term 2-year, 5-year auctions

Apr 23, 2019 11:49 am UTC| Commentary Economy

The U.S. Treasuries edged tad higher during Mondays afternoon session ahead of todays short-term 2-year auction, scheduled to be held at 17:00GMT and 5-year auction, due tomorrow at the same time. The yield on the...

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Economy

UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks

British Finance Minister John Healey is set to emphasize fiscal discipline and economic resilience during the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok this week, as governments confront...

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....

Politics

Trump Announces Russia-Ukraine Energy Ceasefire Amid U.S. Pressure on Kyiv

U.S. President Donald Trump announced Sunday that Russia and Ukraine had agreed to an immediate energy ceasefire, potentially ending attacks on oil refineries, power facilities, and other critical energy infrastructure as...

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...

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...
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