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SNB to adopt wait-and-see policy in response to ECB's move

Sep 30, 2015 12:20 pm UTC| Insights & Views

The Swiss National Bank delivered its monetary policy announcement on Sept 17th, where it left the policy mix unchanged as broadly expected, in an effort to rein in the Swiss franc, which it said remained "significantly...

API reports surplus, while WTI awaits EIA report – calls updated

Sep 30, 2015 12:11 pm UTC| Insights & Views

Crude oil (WTI) is finding support around $43/barrel critical support area, however struggling to break above $48/barrel interim resistance. WTI price now is in triangular consolidation, suggesting breakout ahead as we...

Rajan’s monetary policy to add more impetus to Indian equities and treasury yields

Sep 30, 2015 12:06 pm UTC| Insights & Views

The Reserve Bank of India (RBI), in its 4th bi-monthly monetary policy statement, 2015-16, on Tuesday, cut the policy repo rate by 50 basis points to 6.75%. The Rajan came up with the upbeat monetary policy numbers...

ADP employment preview

Sep 30, 2015 11:41 am UTC| Insights & Views

ADP employment data to be released at 12:15 GMT is todays most vital dockets from US to be watched by market participants. This is part of the key data ahead of September FOMC, What is ADP employment? The report is a...

High level of unemployment in Euro zone is likely to ensure further easing from ECB

Sep 30, 2015 11:08 am UTC| Insights & Views

While inflation edged lower, Euro area unemployment ticked up. Latest estimate shows that unemployment rate in August rose to 11% from 10.9% in July. I have long been argued that high level of unemployment remains the...

Will ECB focus on headline deflation or extract energy impact out of it?

Sep 30, 2015 10:19 am UTC| Insights & Views

Preliminary reading on inflation is likely to stir heavy debate among policymakers within and out of European Central Bank (ECB), whether to act on headline or pause calling it an effect of lower energy...

FxWirePro: EUR/GBP short combos – swing trading perspectives

Sep 30, 2015 10:17 am UTC| Insights & Views

EUR/GBP spot FX is currently ticking at around 0.7380 levels which is day low and yesterdays lows as well. It has shown a dip following the release of the UKs GDP report and the current account data. On the flip side Euro...

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Economy

Mexico Pushes for US Trade Deal Before Midterms

Mexican President Claudia Sheinbaum said Friday that her government is working to secure a trade agreement with the United States as quickly as possible, following what she described as a productive conversation with U.S....

Bolivia Approves $1.9 Billion IMF Financing Deal

Bolivian lawmakers have approved a $1.9 billion financing agreement with the International Monetary Fund (IMF), advancing President Rodrigo Pazs efforts to stabilize the countrys economy amid foreign currency shortages,...

Wall Street Mixed as Treasury Yields Rise After Fed Hike

Wall Street traded mixed on Friday as investors paused after the strongest session in more than a month, while rising U.S. Treasury yields and quadruple witching kept market volatility in focus. Quadruple witching marks...

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....

Politics

Russian Attack on Balakliia Kills Two, Injures Two

Russian forces struck the northeastern Ukrainian city of Balakliia on Friday, killing two people and injuring two others as the war continues to affect communities across the Kharkiv region. Vitali Karabanov, head of the...

NATO Commander Joins US Review of Troop Deployments in Europe

NATOs top military commander, U.S. Air Force General Alexus Grynkewich, participated in a virtual briefing Friday as the Pentagon weighs possible changes to the deployment of U.S. troops across Europe. The briefing was...

Appeals Court Rejects Trump Third-Country Deportation Policy

A U.S. federal appeals court on Friday rejected a Trump administration policy that allowed immigration authorities to rapidly deport migrants to countries other than their nations of origin without giving them an adequate...

Trump Bans CNN, MS NOW and Politico From White House

President Donald Trump said Friday that CNN, MS NOW and Politico would be banned from the White House, escalating his administrations long-running dispute with major news organizations over their coverage. Trump announced...

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...

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

Westinghouse Targets $50 Billion Valuation in U.S. IPO

Westinghouse Electric Co. is seeking a valuation of more than $50 billion for its planned U.S. initial public offering, as the nuclear technology company moves closer to a public market debut amid growing interest in...

NASA, Boeing Discuss Expanding Starliner Missions

NASA is holding discussions with Boeing about expanding the use of its Starliner spacecraft for future missions, potentially giving the troubled vehicle a larger role in U.S. human spaceflight plans. The space agency and...

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...
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