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USD/RUB likely to stay in 65-67 range in near-term, to gradually fall towards 62 by 2020 - Commerzbank

Apr 09, 2019 19:19 pm UTC| Commentary

The Russian ruble is set to be on a moderate appreciation path. According to a Commerzbank research report, the USD/RUB pair is expected to stay in the 65 to 67 range in the near-term and gradually fall towards 62 by 2020...

ECB likely to keep interest rates unchanged in April, Draghi expected to keep dovish tone

Apr 09, 2019 18:53 pm UTC| Commentary

The European Central Bank is set to meet tomorrow for its interest rate decision. According to a DNB Markets research report, the ECB is likely to keep interest rates, its asset purchase program and forward guidance on...

Stockpiling activity likely to have boosted U.K. economy in Q1, growth may decelerate in Q2

Apr 09, 2019 18:17 pm UTC| Commentary

The U.K. economy has been unexpectedly resilient in spite of uncertainty around Brexit, at least when the data are taken at face value. The economic growth recovered in January with a 0.5 percent sequential rise in the...

U.S. consumer price inflation likely to have accelerated in March

Apr 09, 2019 17:35 pm UTC| Commentary

The U.S. consumer price inflation data for the month of March is set to release tomorrow. According to a TD Economics research report, the headline inflation is likely to have accelerated to 1.9 percent from Februarys 1.5...

Oil in Global Economy Series: Libya violence unlikely to affect oil price much

Apr 09, 2019 16:50 pm UTC| Commentary

Fighting has intensified in Libya, As Eastern Libyan National Army (LNA) led by Khalifa Haftars force reaches Tripoli for a final showdown. Khalifa Haftar, who is a former General in Muammar Gaddafis force launched a...

FxWirePro: GBP/USD awaits EU judgement with bearish bias

Apr 09, 2019 15:51 pm UTC| Commentary

GBP/USD continues its consolidation, GBP/USD moved higher to break the downtrend line today that has been in place since the second week of March when the pair topped around 1.34 area. The attempt came on the back of...

FxWirePro: S&P500 rally stalls as bulls show exhaustion; retail sentiment points to bullish bias

Apr 09, 2019 15:02 pm UTC| Commentary

Bulls are tired ahead of big events tomorrow, Yesterdays price action made it clear that bulls are exhausted and the price is likely to decline today. Price is indeed down today, however, today may not be suitable to...

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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

Panama Declares Emergency After 7.7 Earthquake Triggers 200 Aftershocks

Panama has declared a national state of emergency after a powerful 7.7-magnitude earthquake struck on Friday, causing widespread damage to homes, roads, and bridges across the countrys central provinces. Authorities have...

North Korea Fires Ballistic Missiles as Tensions With South Korea Escalate

North Korea launched multiple ballistic missiles toward the sea off its eastern coast on Monday, October 12, as military tensions with South Korea continued to intensify following a series of weapons tests and border...

Pakistan Declares Emergency in Khyber Pakhtunkhwa, Suspends Imran Khan’s PTI Government

Pakistan has declared a state of emergency in Khyber Pakhtunkhwa, suspending the provincial government controlled by jailed former Prime Minister Imran Khans Pakistan Tehreek-e-Insaf (PTI) party amid escalating political...

Djibouti Migrant Boat Capsizes, Killing 139 and Leaving 84 Missing

At least 139 migrants, including 15 children, have died after a boat carrying 305 people capsized off Djibouti while traveling to Yemen, according to the United Nations International Organization for Migration (IOM)....

Trump Sanctions International Criminal Court, Sparking EU Backlash

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

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...

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...

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...
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