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FxWirePro: President Trump piles dovish pressure on Fed ahead of key meeting

Dec 18, 2018 12:45 pm UTC| Commentary Central Banks

As the policymakers at the U.S. Federal Reserve are holding a two-day meeting before announcing the crucial rate hike decision on Wednesday, President Trump is piling pressure on the central bank to not to go for a rate...

Global geopolitical Series: Iran, Russia, and Turkey meets to deal Syria’s post-war constitution

Dec 18, 2018 12:15 pm UTC| Commentary

The United Nations Special Envoy for Syria Staffan de Mistura is holding talks with foreign ministers of Russia, Turkey, and Iran to reach an agreement to form a committee that would oversee that drafting of a new post-war...

German Ifo business climate index falls surprisingly in December, economy likely to grow again in Q4

Dec 18, 2018 11:59 am UTC| Commentary

The German Ifo business climate dropped surprisingly sharply in the month of December. The headline index dropped to 101 from prior months 102. Consensus expectations were for the index to fall to 101.7. The decline since...

U.S. Treasuries climb on investors’ anxiety over global economic distress; Fed’s policy sentiments closely watched

Dec 18, 2018 11:24 am UTC| Commentary Economy

The U.S. Treasuries climbed during late afternoon session Tuesday as investors sought safe-haven investments amid growing worries over a global economic slowdown as equities turned red towards the end of this year ahead of...

FxWirePro: Investors worry recession in U.S. as yield curve partially inverts

Dec 18, 2018 11:08 am UTC| Commentary

Investors are becoming increasingly worried about United States growth prospect going ahead, when rest of the world, especially Europe and China showing clear signs of weakness and U.S. Treasury yield curve partially...

Oil in Global Economy Series: lower oil price takes toll on U.S. rig applications

Dec 18, 2018 10:45 am UTC| Commentary

The oil price has sunk like a rock since end September, and so has the applications to drill new rig. According to reports, the numbers of applications have come for approval and being approved have declined almost 60...

UK gilt yields face turmoil on concerns over slowdown in global economic growth; eyes on November CPI data

Dec 18, 2018 10:24 am UTC| Commentary Economy

The United Kingdoms gilt yields came under pressure during Tuesdays afternoon session, as investors remained jolted by concerns over a global economic slowdown after equity markets took a hit worldwide ahead of Britains...

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Economy

Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe

Disruptions to global oil supplies linked to the Iran conflict are driving a sharp increase in jet fuel prices, adding significant costs to air travel across Europe. According to analysis from campaign group Transport ...

UK Wage Growth Slows to 3.6% as Inflation Pressures Complicate Bank of England Outlook

British wage growth showed signs of cooling, though not as sharply as analysts had anticipated, according to the latest data from the Office for National Statistics (ONS). Regular pay, which excludes bonuses, rose by 3.6%...

US-Iran Peace Talks Fuel Market Optimism Amid Ongoing Tensions

The United States has expressed renewed confidence that peace talks with Iran could resume soon in Pakistan, raising hopes of easing geopolitical tensions that have disrupted global energy markets. A senior Iranian...

Asian Currencies Stay Range-Bound as Dollar Holds Steady Ahead of Fed Nominee Hearing

Asian currencies traded within a narrow range on Tuesday as geopolitical uncertainty surrounding potential U.S.-Iran peace talks kept investors cautious. With a temporary ceasefire set to expire later this week, traders...

Gold Prices Slip Amid Iran Tensions and Fed Chair Uncertainty

Gold prices edged lower during Asian trading on Tuesday as investors weighed geopolitical risks and monetary policy uncertainty. The precious metal remains range-bound, with traders closely monitoring developments...

Politics

Pakistan Halts $1.5 Billion Sudan Arms Deal After Saudi Arabia Withdraws Support

Pakistan has reportedly paused a $1.5 billion defense deal to supply weapons and fighter jets to Sudan after Saudi Arabia withdrew financial backing and urged Islamabad to abandon the agreement. According to Pakistani...

UN Secretary-General Race 2027: Key Candidates Competing to Replace Antonio Guterres

The race to select the next United Nations Secretary-General is gaining momentum as global leaders position themselves for the top diplomatic role. The 10th UN chief will assume office on January 1, 2027, for a five-year...

Philippines Says U.S. Access to EDCA Bases Limited by Land Issues and Delays

Philippine Defense Secretary Gilberto Teodoro has revealed that the use of military bases accessible to the United States under the Enhanced Defense Cooperation Agreement (EDCA) remains limited, citing unresolved land...

Trump Maintains Iran Naval Blockade as Ceasefire Deadline Nears

U.S. President Donald Trump announced that the naval blockade against Iran will remain in force until a formal agreement is reached with Tehran, adding uncertainty ahead of a looming ceasefire deadline later this week. In...

Gaza Violence Continues Despite Ceasefire as Israeli Strikes and Clashes Escalate

Israeli airstrikes in the Gaza Strip killed at least five Palestinians on Monday, according to Palestinian health officials, highlighting ongoing violence despite a fragile ceasefire agreement. The incidents occurred in...

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

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...

John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...

Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus

Jeff Bezos is reportedly closing in on a massive fundraising deal for his artificial intelligence startup, signaling a major move in the rapidly expanding AI industry. According to a Financial Times report citing sources...

Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO

Apple (NASDAQ: AAPL) shares slipped more than 1% in after-hours trading Monday following a surprising leadership transition announcement. The tech giant revealed that longtime CEO Tim Cook will move into the role of...

Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon is significantly deepening its artificial intelligence strategy by announcing a new investment of $5 billion in AI firm Anthropic, with the potential to reach up to $25 billion based on performance milestones. This...