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Global Geopolitical Series: U.S. Commerce Department announces final AD on imports of Cold-drawn Mechanical Tubing from China, Germany, India, Italy, Korea, and Switzerland

Apr 11, 2018 06:30 am UTC| Commentary Economy

U.S. trade action against the world continues to mount. Yesterday, the U.S. Commerce Department announced final results of the Anti-dumping Duty (AD) investigation on imports of Cold-drawn Mechanical Tubing from China,...

New Zealand bonds close higher ahead of RBNZ Assistant Governor McDermott’s speech, March business PMI

Apr 11, 2018 06:18 am UTC| Commentary Economy

New Zealand government bonds closed higher as investors wait to watch the Reserve Bank of New Zealand (RBNZ) Assistant Governor McDermotts speech, scheduled to be held today at 23:00GMT. Also, a private survey of business...

JGBs remain flat ahead of long-term 30-year auction amid silent trading week

Apr 11, 2018 04:45 am UTC| Commentary Economy

The Japanese government bonds remained flat Wednesday as investors wait to watch the countrys 30-year auction, scheduled to be held on April 12 by 03:45GMT amid a silent trading week that witnessed data of least economic...

Australian bonds narrowly mixed ahead of RBA's Financial Stability report

Apr 11, 2018 03:10 am UTC| Commentary Economy

Australian government bonds traded mixedon Wednesdayas investors preferred to stay on the sidelines ahead of the Reserve Bank of Australia (RBA) Financial Stability report. The yield on Australias benchmark 10-year...

Euro area industrial output growth likely to have eased in February

Apr 10, 2018 21:21 pm UTC| Commentary Economy

Industrial production growth in major euro area economies last week sent mixed signals. Industrial production in Germany fell 1.6 percent sequentially in February, but the equivalent indicator rose at a similar rate in...

U.S. Treasuries trade tad lower ahead of March producer price index, short-term 3-year auction

Apr 10, 2018 11:32 am UTC| Commentary Economy

The U.S. Treasuries traded tad lower Tuesday as investors wait to watch the short-term 3-year note auction and the producer price index (PPI) data, scheduled to be released today 10 by 17:00GMT and 12:30GMT...

UK gilts nose-dive ahead of February manufacturing production, 10-year auction

Apr 10, 2018 09:22 am UTC| Commentary Economy

The UK gilts nose-dived during European session Tuesday as investors wait to watch the countrys manufacturing production for the month of February, scheduled to be released on April 11 by 08:30GMT. Further, the long-term...

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Economy

Bessent Presses Japan on Fiscal Policy as Yen Struggles

U.S. Treasury Secretary Scott Bessent has pushed Japan to tighten fiscal policy and support higher interest rates as Washington and Tokyo work to stabilize the yen and limit risks in global bond markets. Japanese Finance...

Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High

Asian currencies traded mixed on Friday, with the Japanese yen weakening despite a Bank of Japan interest rate hike, while a hawkish Federal Reserve outlook kept the U.S. dollar supported near a seven-week high. The U.S....

Asian Gold Stocks Rise as Bullion Rebounds on Softer Dollar

Asian gold stocks advanced on Friday as bullion extended its recovery from a nearly six-week low, supported by falling oil prices, lower Treasury yields and a weaker U.S. dollar. However, expectations for additional...

Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed

Venezuelas government and opposition are nearing an agreement to transfer roughly $4 billion worth of the countrys gold reserves from the Bank of England to the Federal Reserve Bank of New York, potentially ending a...

Yen Sinks as BOJ Rate Hike Fails to Impress Markets

The Japanese yen weakened sharply against major currencies on Friday after the Bank of Japans widely expected interest rate hike failed to impress currency markets. The yen fell as much as 0.8% to 157.145 per U.S. dollar,...

Politics

South Korea’s Lee Rules Out Military Role in Middle East War

South Korean President Lee Jae Myung said Friday that Seoul will not deploy military forces to the Middle East in any capacity that could pull the country into war, while confirming that officials are considering a greater...

Najib Razak Granted House Arrest Until 2028

Malaysias pardons board has agreed to allow jailed former Prime Minister Najib Razak to serve the remainder of his prison sentence under house arrest, according to a statement from the prime ministers legal department on...

Houthis Seize Bab el-Mandeb as Military Power Grows

Yemens Houthi movement has strengthened its position as a major regional military force after a rapid offensive gave it control of the strategically important Bab el-Mandeb Strait, a critical passage connecting the Red Sea...

Pentagon Restarts Testosterone Testing for US Troops

The Pentagon is reinstating mandatory testosterone deficiency screening for U.S. service members aged 30 and older, reviving a controversial military health policy that has drawn concerns from medical professionals over...

Kim Yo Jong Warns of Stronger Response to US-Led Military Drills

North Koreas Kim Yo Jong has blamed US-led military exercises for escalating tensions on the Korean Peninsula, warning that Pyongyang will continue strengthening its nuclear deterrent and could take more forceful...

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

Apple Pay Set for India Launch With Axis Bank

Apple is preparing to launch Apple Pay in India next month, initially partnering with Axis Bank to support the lenders credit cards, according to three people familiar with the plans. The rollout would bring Apples digital...

Hyundai CEO Warns Chinese Automakers Could Disrupt US Market

Hyundai Motor CEO Jose Munoz warned that Chinese automakers could eventually reshape the US auto market as they have in Europe unless Washington maintains tariffs and other market-access protections. Speaking in San Jose,...

US Federal Register Drops Alibaba Qwen AI Search Tool

A U.S. government website used an artificial intelligence model developed by Chinas Alibaba to help users search federal regulatory information, despite recent U.S. concerns about Chinese AI companies and their use of...

France Urges Faster AI Push Despite Safety Risks

French Finance Minister Roland Lescure has pushed back against calls to slow artificial intelligence development, arguing that such proposals could benefit U.S. technology leaders while making it harder for France and...

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...