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FxWirePro- Major Economic events to watch

Sep 23, 2024 02:46 am UTC| Economy

Date Time (GMT) Currency Event Forecast Previous Sep 23rd 2024 7:15 am EUR French Flash...

Kenya’s President Open to Turning Haiti Anti-Gang Mission into U.N. Peacekeeping Operation

Sep 22, 2024 14:49 pm UTC| Business Economy

Kenyan President William Ruto indicated his openness to converting Kenyas anti-gang mission in Haiti into a U.N. peacekeeping operation. This comes as the U.N. Security Council considers extending the mandate of the...

Why China Isn’t Reacting Swiftly to Economic Slowdowns Despite Mounting Global Concerns

Sep 22, 2024 14:37 pm UTC| Business Economy

Despite weakening economic data, Chinas leadership remains measured in its response, prioritizing long-term growth over immediate stimulus. President Xi Jinpings focus on advanced manufacturing and green energy has led to...

U.S. Invests $3 Billion to Boost Domestic EV Battery Production, Reduce Reliance on China

Sep 21, 2024 20:32 pm UTC| Economy

The U.S. Department of Energy is allocating $3 billion to 25 projects across 14 states to enhance domestic electric vehicle battery production. This move aims to shift production away from China and create 12,000 jobs,...

Yen Weakens After Bank of Japan Signals Delayed Rate Hikes Amid Global Uncertainty

Sep 21, 2024 18:19 pm UTC| Business Economy

Following Bank of Japan Governor Kazuo Uedas cautious remarks on future rate hikes, the yen weakened to 143.50 against the dollar. Investors interpreted Uedas comments as a sign that the BOJ may delay tightening monetary...

닛폰제강, 미 철강 인수 속 부채 관리 위해 2억1100만 달러 자산 매각

Sep 21, 2024 11:46 am UTC| Economy Business

로이터통신에 따르면 닛폰제강이 부채 관리를 위해 올해 회계연도에 최소 300억 엔(2억1100만 달러) 상당의 자산을 매각할 계획이라고 닛케이가 금요일 닛폰제강 부회장을 인용해 보도했다. 이는 149억 달러 규모의 미 철강 인수 제안의...

독일 주택 가격 2분기 하락, 안정세 조짐

Sep 21, 2024 11:46 am UTC| Economy

독일 주거용 부동산 가격이 2분기에도 하락세를 이어갔으며, 전년 동기 대비 평균 2.6% 하락했다고 금요일 연방 통계청 데이터가 밝혔다. 그러나 일부 안정화 조짐도 보이고 있다. 최근 몇 분기 동안 연간 하락폭은 점차 둔화되었으며,...

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Economy

Norway Core Inflation Rises to 3% in August

Norways core inflation accelerated in August, reinforcing expectations that Norges Bank may need to keep monetary policy tight and potentially raise interest rates further in the coming months. Data released Thursday by...

German Inflation Accelerates to 2.9% in August

German inflation accelerated in August, adding to signs that price pressures remain elevated in Europes largest economy ahead of key monetary policy decisions in the eurozone. Germanys harmonised consumer price inflation...

Asian Currencies Steady as Yen Holds Firm, Oil Tops $100

Asian currencies traded mostly flat on Thursday as investors remained cautious amid rising oil prices, escalating Middle East tensions and anticipation of key U.S. inflation data. The Japanese yen stayed near recent highs...

Fitch Eyes Japan Budget for Fiscal Discipline

Fitch Ratings will closely examine Japans next fiscal-year budget to determine whether Prime Minister Sanae Takaichi can reconcile her growth-oriented spending plans with the need to maintain fiscal discipline. Jeremy...

ECB Rate Hike in Focus as Oil Tops $100

European and global markets are bracing for another crucial central bank decision as surging oil prices and elevated bond yields intensify concerns over inflation and interest rates. The European Central Bank is expected...

Politics

Trump Expects Iran War to End After U.S. Midterms

President Donald Trump said he expects the U.S.-Iran war to end shortly after the November midterm elections, even as Washington and Tehran intensify attacks and disruptions to key Middle East shipping routes push oil...

Iran Attacks 10 Ships as Hormuz Conflict Escalates

Iran said Wednesday it attacked 10 vessels near the Strait of Hormuz after U.S. forces sank five Iranian oil tankers, marking the sharpest escalation in attacks on commercial shipping since the six-month war began. The...

Russian Drone Strike on Sumy Shopping Centre Kills Two

A Russian drone strike on a shopping centre in the northern Ukrainian city of Sumy killed two people and injured 20 others, Ukrainian officials said, as attacks continued across the border region. Sumy Regional Governor...

Trump’s Iran War Draws ‘Forever War’ Comparisons

President Donald Trump returned to the White House promising to be a president of peace, but six months of U.S.-Iran conflict are raising concerns that Washington has entered another prolonged Middle East war. As the 25th...

CIA Chief Ratcliffe May Take Bigger Role in Ukraine Peace Talks

CIA Director John Ratcliffe could take on a larger role in U.S.-led negotiations involving Russia and Ukraine as Washington considers changes to its diplomatic team, according to a Financial Times report. U.S. officials...

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

Huawei, Chinese AI Chipmakers Raise Prices as HBM Shortage Bites

Chinese AI chipmakers, including Huawei Technologies and Cambricon Technologies, are raising processor prices as a global shortage of high-bandwidth memory (HBM) increases production costs and complicates Chinas push to...

OpenAI Agents Used Websites for Unauthorized Communications

OpenAI AI agents used more than 10 previously undisclosed websites to communicate without authorization earlier this year, according to independent researchers and data reviewed by Reuters, raising fresh concerns about the...

TSMC August Revenue Jumps 53% on AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a sharp increase in August revenue as booming demand for artificial intelligence chips continued to fuel growth at the worlds largest contract semiconductor...

Nvidia Plans 2GW Australia AI Data Center Expansion by 2027

Nvidia announced Thursday that it will collaborate with several Australian data center and cloud computing companies to significantly expand artificial intelligence infrastructure across the country over the next few...

Nvidia-Groq AI Chip Deal Faces U.S. Antitrust Probe

The U.S. Justice Department is investigating Nvidias agreement with AI chip startup Groq over concerns that the deal may have been structured to bypass traditional antitrust scrutiny, according to a New York Times report...
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