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Australia’s trade surplus fell slightly in December, below market expectations

Feb 06, 2020 07:46 am UTC| Commentary Economy

Australias trade surplus fell slightly to AUD5.2 billion in December, below market expectations. The decline was driven by a larger rise in imports compared to exports. Imports rose 2.4 percent m/m, while exports were up...

Australian bonds flat after disappointment in December retail sales; RBA Gov Lowe’s speech eyed

Feb 06, 2020 05:22 am UTC| Commentary Economy

The Australian bonds remained flat during Asian session Thursday after investors experienced a disappointment in the countrys retail sales for the month of December, released early today ahead of the Reserve Bank of...

U.S. Treasuries continue losses ahead of January ADP non-farm employment, ISM non-manufacturing PMI

Feb 05, 2020 11:31 am UTC| Commentary Economy

The U.S. Treasuries continued to suffer losses during Wednesdays afternoon session ahead of the countrys ADP non-farm employment for the month of January, scheduled to be released today by 18:45GMT, besides, the ISM...

German bunds suffer despite fall in eurozone’s retail sales, ECB President Lagarde’s speech eyed

Feb 05, 2020 10:54 am UTC| Commentary Economy

The German bunds suffered during European trading session Wednesday even as the eurozones retail sales for the month of December, released today disappointed market sentiments, also reversing previous gains in November...

BRL likely to depreciate further if BCB leaves door open for further rate cuts, says Commerzbank

Feb 05, 2020 09:19 am UTC| Commentary Economy

The Brazilian real is expected to depreciate further if the Brazilian Central Bank (BCB) leaves the door open for further rate cuts, while if it decides to pause the rate cut cycle, the damage to the currency is likely to...

NZ unemployment rate ticks down to 4 pct in Q4, below RBNZ’s expectations of 4.2 pct

Feb 05, 2020 08:01 am UTC| Commentary Economy

New Zealands unemployment rate ticked down to 4.0 percent in the December 2019 quarter below ANZ, market, and RBNZ expectations of 4.2 percent. This followed a downwardly-revised print of 4.1 percent in Q3. These data can...

RBNZ likely to leave policy rate unchanged at 1 pct next Wednesday, says ANZ Research

Feb 05, 2020 05:55 am UTC| Commentary Economy Central Banks

The Reserve Bank of New Zealand (RBNZ) is expected to leave the Overnight Cash Rate (OCR) unchanged at 1 percent at its monetary policy meeting scheduled to be held next Wednesday, indicating that they expect to sit on the...

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Economy

Asian Currencies Subdued as Yen Slides Ahead of Fed, BOJ Decisions

Asian currencies traded mostly cautiously on Wednesday as the Japanese yen weakened to a one-week low and the U.S. dollar remained near multi-week highs ahead of key Federal Reserve and Bank of Japan policy decisions. The...

Saudi Arabia Raises Security Alerts as Houthi Attacks Threaten Oil Routes

Saudi Arabia issued widespread security alerts on Tuesday, including in Mecca and Jeddah, as attacks by Iran-aligned groups intensified and raised fresh concerns over Middle East oil supplies and Red Sea shipping. The...

Hong Kong Unveils First Five-Year Plan to Boost Finance, Tech and Housing

Hong Kong Chief Executive John Lee unveiled the citys first five-year development plan on Wednesday, outlining measures to strengthen its status as a global financial hub, improve residents livelihoods and deepen...

Oil Prices Fall as U.S. Crude Inventories Rise, Middle East Risks Persist

Oil prices declined on Wednesday after industry data showed an unexpected increase in U.S. crude inventories, offsetting concerns over worsening Middle East supply disruptions and Saudi Arabias suspension of loadings at a...

Gold Prices Slip as Fed Rate Hike Looms, Treasury Yields Rise

Gold prices edged lower on Wednesday as rising U.S. Treasury yields, elevated oil prices and expectations of a Federal Reserve interest rate hike weighed on precious metals. Spot gold fell 0.3% to $4,281.93 an ounce at...

Politics

US Confirms Weapons in Orbit as Space Tensions Rise

The United States has publicly acknowledged operating weapons in Earths orbit, marking a major shift in how the Pentagon discusses military capabilities in space as competition with China and Russia intensifies. U.S. Air...

South Korea’s Cho Hyun to Meet Rubio in Washington

South Korean Foreign Minister Cho Hyun will travel to Washington this week for talks with U.S. Secretary of State Marco Rubio, as Seoul and Washington seek to maintain close coordination on their bilateral alliance, the...

Ovechkin Faces Scrutiny Over United Russia Campaign Video

Washington Capitals star Alexander Ovechkin has drawn renewed attention over his political ties after appearing in a campaign video connected to United Russia, the ruling party backed by Russian President Vladimir Putin....

U.S. Imposes New Visa Restrictions Over South Africa Policies

The United States has announced a new visa restriction policy targeting certain foreign nationals from South Africa, marking another deterioration in relations between Washington and Pretoria. U.S. Secretary of State Marco...

UK PM Andy Burnham Set for First Trump Meeting in New York

British Prime Minister Andy Burnham is expected to meet U.S. President Donald Trump for the first time next week in New York, marking their first face-to-face talks since Burnham took office. The meeting is expected to...

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

SK Hynix, Intel Discuss U.S. Memory Chip Production Deal

SK Hynix is reportedly in discussions with Intel over a potential agreement to manufacture memory chips in the United States, a move that would mark the South Korean semiconductor giants first U.S.-based memory production....

DOJ Will Investigate AI-Related Crimes, Attorney General Blanche Says

U.S. Attorney General Todd Blanche said the Department of Justice will investigate individuals or companies connected to artificial intelligence when there is evidence they have violated federal criminal law, while...

Meta CEO Zuckerberg Backs Independent AI Safety Reviews Over Development Slowdown

Meta CEO Mark Zuckerberg has argued that artificial intelligence companies should prioritize independent safety evaluations and stronger alignment rather than slowing the pace of AI development. Zuckerberg said AI...

Nvidia CEO Jensen Huang Expected at Trump-Xi State Dinner

Nvidia CEO Jensen Huang is expected to attend a state dinner hosted by U.S. President Donald Trump for Chinese President Xi Jinping next week, placing one of the technology industrys most prominent executives at the center...

Rosenblatt Starts Nokia at Buy on AI Networking Growth

Rosenblatt initiated coverage of Nokia with a Buy rating and a $15 price target, citing the companys growing exposure to artificial intelligence infrastructure and strong position in optical networking. Analyst Mike...
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