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Australia consumer confidence edges higher following upbeat housing, labor market

Oct 18, 2016 05:48 am UTC| Commentary Economy

Consumer confidence in Australia edged higher during the week ended October 17, following growing optimism over the countrys housing and labor market and an upbeat economic outlook in the near term. Australias ANZ-Roy...

South Korea posts trade surplus for 56 straight months in September

Oct 18, 2016 05:11 am UTC| Commentary Economy

The South Korean economy posted a trade surplus for 56 straight months during the period of September, as the fall in imports outnumbered the decline in exports. South Koreas revised figure for trade surplus in...

FxWirePro: The Day Ahead- 18th October, 2016

Oct 18, 2016 04:46 am UTC| Commentary Economy

Not many economic dockets scheduled for today but some with high volatility risks associated. Data released so far: Australia: New motor vehicle sales grew 2.5 percent m/m in September, up 0.8 percent from a year...

China Q3 growth likely to be tad lower, well within the state’s targeted range

Oct 18, 2016 04:43 am UTC| Commentary Economy

Chinas economic growth during the third quarter is expected to be atad lower than that in the previous quarter, although reasonably well within the states targeted range of. The governments reform plans and successful...

FxWirePro: What does UK BoP imply for sterling in conjunction with post-brexit scenario?

Oct 17, 2016 12:22 pm UTC| Economy Insights & Views

No doubt, the spotlight for investors in euro area and in the UK is progressively more on the post-Brexit destination for the economy, not so much the starting point for this journey, hence GBP has decoupled from the data...

IMF remains wary on medium-term outlook of advanced economies, sees financial risks in China

Oct 17, 2016 11:53 am UTC| Commentary Economy

The International Monetary Fund (IMF) has remained wary over the medium-term growth outlook of advanced economies, besides, foreseeing financial risks in China, at the IMFs annual meeting. The forecast of financial risks...

BoJ maintains optimism on economic growth in quarterly regional report

Oct 17, 2016 10:54 am UTC| Commentary Economy Central Banks

The Bank of Japan (BoJ) has maintained optimism over the countrys economic growth prospects in the quarterly regional report released Monday. The central bank has remained positive over the countrys nine regions but...

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Economy

Mexico Blasts Trump’s Tariffs: ‘This Won’t Stop Migrants or Drugs!’—Tensions Surge in Border Standoff

The Mexican government has strongly criticized former President Donald Trumps proposed tariffs, arguing they will fail to curb the flow of migrants and drugs across the border. The sharp response highlights escalating...

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....

Jack Smith to Release Final Trump Investigation Report Before Swearing-In: 'Details Could Shake Washington to Its Core!

Special Counsel Jack Smith is set to release his final report on the federal investigations into former President Donald Trump before January 20, according to a CNN report. This document is expected to provide a...

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

OpenAI's Sora Sparks Artist Backlash: 'We’re Not Free Bug Testers for Billion-Dollar Brands'

OpenAIs early access program for Sora, a generative AI tool marketed as a creative partner for artists, is facing severe criticism. Artists participating in the program allege that the initiative prioritizes corporate...

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...