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U.S. full year 2018 growth forecast to be 2.7 pct y/y, says ING Bank

Nov 08, 2017 09:30 am UTC| Commentary Economy

The US economy is going from strength to strength. GDP growth recorded its second consecutive quarterly 3 percent+ reading, key business surveys are at decade highs and unemployment at 16-year lows so there is a lot to be...

Canadian economy to grow 3 pct in 2017, 2.5 pct next year: National Bank of Canada

Nov 08, 2017 08:04 am UTC| Commentary Economy

Despite a third-quarter slowdown, Canadas economy remains on track to grow about 3.0 pct in 2017. Consumption spending, which took a breather in Q3, has been the major driver of growth this year benefiting from the...

Oil in Global Economy Series: Fiscal oil price break-even of many OPEC countries still far off

Nov 08, 2017 06:51 am UTC| Commentary Economy

Since the oil price crash of 2014, several OPEC economies have taken prudent and sometimes draconian measures to cut their budget deficit and reduced fiscal breakeven oil price. The price of oil has increased over the past...

New Zealand bonds slump at close as investors shrug-off weak GDT auction data; RBNZ policy decision in focus

Nov 08, 2017 05:47 am UTC| Commentary Economy

New Zealand bonds closed lower Wednesday as investors shrugged off weak GlobalDairyTrade Price Index data. Markets remained focused on the Reserve Bank of New Zealands last monetary policy decision scheduled to be held on...

Fed holds course for rate hike in December and two more in 2018, says Landesbank

Nov 08, 2017 04:53 am UTC| Commentary Central Banks Economy

The Federal Reserve left the target range for overnight rate at 1.00 percent to 1.25 percent, in line with the unanimous expectation of the bank economists surveyed by Bloomberg, the Open Market Committee of the Federal...

FxWirePro: The Day Ahead- 8th November 2017

Nov 08, 2017 04:48 am UTC| Commentary Economy

Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: China: October trade balance came at $38.2 billion with exports rising by 6.9 percent y/y...

JGBs trade higher on BoJ’s strong daily market operations

Nov 08, 2017 03:45 am UTC| Commentary Economy

Japanese bonds traded firmerWednesdayfollowing solid daily market operations from the Bank of Japan (BoJ). In addition, continues dovish comments from Governor Kuroda kept the bond yields under control. The yield on the...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

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

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...