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US private sector output expands at the fastest rate in six months in July, suggests economy gaining momentum in Q3

Jul 25, 2017 11:25 am UTC| Insights & Views Economy

US-based manufacturing firms remained in expansion mode in July, flash estimates released by IHS Markit showed on Monday. Overall business conditions improved at the fastest pace for four months, while private sector...

FxWirePro: Anchoring CNB hiking hopes, advancing forecasts and valuations stimulate EUR/CZK

Jul 25, 2017 11:24 am UTC| Central Banks Economy Insights & Views

On the back of formidable economic data and the improved outlook for both domestic and foreign demand, we have revised our calls on GDP dynamics, the labor market, CNB policy, and the financial markets. We now expect two...

U.S. Treasuries slump in silent trading; all eyes on FOMC policy meeting

Jul 25, 2017 11:12 am UTC| Commentary Economy

The U.S. Treasuries slumped in silent trading and as investors remain cautious ahead of the 5-year auction, besides the Federal Open Market Committee (FOMC) monetary policy meeting, scheduled to be held on July 26. The...

UK gilts nearly flat ahead of Q2 GDP, BoE’s Haldane’s speech

Jul 25, 2017 10:18 am UTC| Commentary Economy

The UK gilts traded nearly flat Tuesday as investors remain cautious ahead of the Bank of England (BoE) member Haldanes speech, scheduled today at 17:00GMT. The yield on the benchmark 10-year gilts, hovered around 1.19...

Eurozone periphery bonds mixed after benchmark German business conditions hit record high in July

Jul 25, 2017 08:47 am UTC| Commentary Economy

The Eurozone periphery bonds remained mixed Tuesday after reading the surprise jump in the benchmark Germanys Business Climate Index, released today by the Munich-based institute Ifo. Also, the German and Eurozone consumer...

FxWirePro: Data centre, Euro premiums and yield spread

Jul 25, 2017 08:33 am UTC| Insights & Views Economy

The main focus of attention for the day has been IFO survey, it has produced upbeat numbers (actual 116 versus f/c 114.9 and previous 115.2) providing a further update on the German economy. This follows yesterdays...

US economy seen to grow by 2.4 pct q/q in Q2 on strong exports, investment: DBS Bank

Jul 25, 2017 08:09 am UTC| Commentary Economy

Markets expect the economy grew by 2.4 percent q/q (saar) in the second quarter (data due Friday). The slowdown in the first quarter was nothing of the sort; simply random noise or seasonal adjustment quirks that have made...

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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

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 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...
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