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U.K house prices continue to rise in August, number of mortgage approvals fall slightly

Oct 18, 2016 11:55 am UTC| Commentary Economy

Housing prices in the United Kingdom continued to rise during the month of August, while the number of mortgage approvals fell slightly during the same period. However, the demand and supply of housing properties stayed at...

EUR/PLN hits 1-month low, focus remains on Polish labor market data

Oct 18, 2016 10:18 am UTC| Commentary Economy

The EUR/PLN and EUR/HUF currency pairings weakened on Monday, with the former hitting a one-month low, while the Czech koruna remained stuck at the intervention threshold EUR/CZK 27.0 of the Czech National Banks...

Renminbi Series

China new yuan loans rise in September, loan growth likely to cool in Q4

Oct 18, 2016 09:21 am UTC| Commentary Economy

New yuan loans in China rose during the month of September, remaining well above what markets had initially anticipated. However, the growth of loans is expected to cool down in the fourth quarter as local governments...

U.S. September core inflation expected to rise, likely to remain unchanged on year

Oct 18, 2016 08:39 am UTC| Commentary Economy

Core inflation in the United States is expected to slightly rise during the month of September, although is likely to remain unchanged on an annual basis. Core inflation has moved sideways throughout 2016 looking at both...

U.K. consumer prices likely to rise in September, following lower energy prices

Oct 18, 2016 07:17 am UTC| Commentary Economy

Consumer prices in the United Kingdom are expected to have risen during the month of September, largely owing to the downward contribution from lower energy prices. Also, inflationary pressures have increased in the recent...

Russian fiscal deficit likely to surpass 3.7 pct of GDP this year, says Finance Minister

Oct 18, 2016 07:09 am UTC| Commentary Economy

Russias Finance Minister Anton Siluanov stated yesterday that the budget for 2016 might surpass 3.7 percent of GDP, thanks to the carry overs from 2015 not being used. According to Siluanov, the carryovers worth RUB 200...

SAR gains likely to remain solid, break above key 14.00 level seems unlikely, says RMB

Oct 18, 2016 07:07 am UTC| Commentary Economy

The recent gains in the South African rand (SAR) are expected to remain on a solid path, largely driven both by global economic moves as well as local issues. However, a break above the key 14.00 level seems unlikely for...

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Economy

Economic Shockwaves: How Trump's Tariffs Could Affect Your Wallet

President-elect Donald Trump has announced new tariff plans that will affect trade with Canada, Mexico, and China. Here are the main points: Tariff Plans: 25% Tariff on Canada and Mexico:Starting January 20, Trump...

FxWirePro- Major Economic events for the day

Time (UTC) Currency Indicator Previous Forecast 12:01am GBP BRC Shop Price Index...

Tesla Out of California’s EV Tax Credit Plan? Shocking Exclusion Sparks Debate Over Federal and State Policies

Californias new EV tax credit proposal may exclude Tesla, despite its dominance in the electric vehicle market. Governor Gavin Newsom suggests the move would encourage competition, as federal subsidy changes loom under...

Nvidia's Fugatto AI Transforms Voices and Sounds, Ushering in a New Audio Era

Nvidia on Monday introduced Fugatto, a groundbreaking AI model that transforms voices and generates new sounds from text descriptions. Aimed at revolutionizing audio creation in music, film, and gaming, Fugatto showcases...

Politics

Trump’s Tariff Plan Will ‘Reignite Inflation’—Economists Sound Alarm Over Sweeping Import Taxes

President-elect Donald Trump has announced sweeping new tariffs on goods imported from Mexico, Canada, and China as a cornerstone of his economic and foreign policy strategy. The proposed measures, which include a 25%...

Trump’s Stunning Win ‘Makes Patriotism Cool Again,’ Say Critics as Cultural Divide Deepens

Donald Trumps victorious return to the presidency has sparked a cultural shift, reigniting patriotism among Americans, particularly young voters. For years, openly expressing love for the country was often perceived as...

Biden's Bold Move: New Rule Permits HIV-Positive Organ Transplants, Sparking Debate Over Medical Breakthroughs

In a landmark decision aimed at addressing the nationwide organ shortage, the Biden administration announced a new rule on Tuesday permitting organ transplants between HIV-positive donors and HIV-positive recipients. U.S....

Matt Gaetz Replacement Race Heats Up: Trump Endorses ‘Seafood Tycoon’ Jimmy Patronis—But Will Florida Decide Differently?

The race to replace former U.S. Representative Matt Gaetz is intensifying, with Floridas Chief Financial Officer Jimmy Patronis emerging as a front-runner. Gaetz, who resigned on November 13 after being nominated as U.S....

Science

From using plant rinds to high-tech materials, bike helmets have improved significantly over the past 2 centuries

Imagine its the mid-1800s, and youre riding your high-wheeled, penny-farthing bicycle down a dusty road. Sure, it may have some bumps, but if you lose your balance, youre landing on a relatively soft dirt road. But as the...

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Technology

Google’s Online Ad Empire Under Fire: DOJ Demands Action as Antitrust Battle Reaches Final Stage

The Justice Department closed its case against Google, accusing the company of monopolizing digital ad markets. If the judge rules against Google, the tech giant could be forced to divest its Ad Manager platform in a...

Bitcoin Slides to $95K, XRP Falls Over 10% Amid $495M Liquidation Wave Impacting 197K Traders

The cryptocurrency market suffered a $495 million liquidation wave in the past day, driven by steep corrections in Bitcoin and XRP. Bitcoin fell to $95,000, triggering mass sell-offs, while XRP plunged over 10%. Amid...

Shiba Inu Whales Dominate Market With $300M in Transactions Despite 9% Price Drop

Large Shiba Inu transactions surged by 148% in 24 hours, reaching $300.98 million. Despite this, SHIBs price has declined 9.05% to $0.00002486, signaling cautious sentiment in a bearish cryptocurrency market. Shiba Inu...

Tesla Turns Shell Gas Station in Spain Into a Sleek Supercharger Hub, Redefining EV Charging

Tesla has transformed a Shell gas station in Cordoba, Spain, into a striking Supercharger hub, marking a bold shift in EV infrastructure and pushing the boundaries of traditional fueling spaces. Tesla Converts Shell...
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