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Australian housing finance continues to fall in December, further fall likely on tighter lending conditions

Feb 12, 2019 08:18 am UTC| Commentary Economy

Australias housing finance continued to fall in December, with the largest falls seen for owner-occupiers. Finance for first home buyers, which had previously outperformed other segments, fell sharply in December. Total...

Oil in Global Economy Series: U.S. ‘NOPEC’ legislation to threaten OPEC deal

Feb 12, 2019 07:39 am UTC| Commentary

Dark clouds gathering over the newly reached production cuts agreement reached between the Saudi Arabia-led Organization of Petroleum Exporting Countries (OPEC) and Russia-led several non-OPEC countries. In November...

FxWirePro: Option sentiment suggest further downside in USD/INR

Feb 12, 2019 06:29 am UTC| Commentary

Over the past few weeks, the Indian rupee has been the star performer. While the euro, pound, yen, Swiss franc declined against the USD, the Indian rupee has gained more than a percent since last week. The option...

JGBs remain mixed despite surge in global risk sentiments following fresh round of U.S.-China talks; Q4’18 GDP eyed

Feb 12, 2019 06:07 am UTC| Commentary Economy

The Japanese government bonds remained mixed towards the end of Asian session Monday, despite a surge in global risk sentiments after a fresh round of trade talks started between the United States and China, thus pushing...

U.S. under Trump Series: Lawmakers reach deal ‘in-principle’ to avert 2nd shutdown

Feb 12, 2019 05:59 am UTC| Commentary

Some key lawmakers in the United States have floated the idea that a bi-partisan agreement has been reached in principle that would avert a 2nd government shutdown in 2019. The lawmakers announced the awaited breakthrough...

FxWirePro: The Day Ahead- 12th February 2019

Feb 12, 2019 05:06 am UTC| Commentary

Not many of economic data and events scheduled for today, but some with high volatility risks associated. Data released so far: Australia: National Australia Banks business confidence index rose to 4 in January...

FxWirePro: Asian markets noticeably up, gold flat at $1,307 mark

Feb 12, 2019 04:30 am UTC| Commentary

All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,307 mark while silver was trading around $15.71 mark. Tokyos Nikkei share average extends gains, up 2.61...

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Economy

Global Stocks Mixed as Oil Falls Ahead of US Earnings

Global stock markets traded unevenly on Monday as investors prepared for major corporate earnings and key US inflation data, while oil prices declined amid uncertainty surrounding a proposed Russia-Ukraine energy...

US Dollar Near 18-Month High Ahead of Inflation Data

The US dollar remained close to an 18-month high on Monday as escalating Middle East tensions and expectations surrounding upcoming US inflation data kept investors cautious about the Federal Reserves next interest rate...

IMF, World Bank Meetings Face Global Economic Risks Amid Iran War

Global finance leaders are gathering in Bangkok this week for the annual International Monetary Fund (IMF) and World Bank meetings as the prolonged Iran war, surging energy prices, rising interest rates and mounting debt...

US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings

U.S. stock index futures climbed on Sunday evening as falling oil prices boosted market sentiment following President Donald Trumps announcement of an energy ceasefire between Russia and Ukraine. However, Wall Street gains...

Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns

Gold prices climbed on Monday as investors weighed U.S. President Donald Trumps announcement of an immediate energy ceasefire between Russia and Ukraine against escalating Middle East tensions and persistent inflation...

Politics

Mahmoud Abbas Postpones Palestinian Elections to September 2027

Palestinian President Mahmoud Abbas has postponed legislative elections scheduled for November 2026 to September 11, 2027, citing Israeli restrictions and deteriorating security conditions in the Palestinian territories. A...

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)....

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

Apple Supplier Luxshare Faces US Patent Probe, Sees Limited Impact

Chinese electronics manufacturer Luxshare Precision Industry, a major supplier to Apple, expects minimal disruption to its business from a US patent infringement investigation involving data centre power supply technology....

TSMC Profit Set to Surge 65% as AI Chip Demand Drives Record Earnings

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading advanced chipmaker, is expected to report another record quarterly profit as surging artificial intelligence (AI) investments fuel demand for...

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...
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