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US shale producers halt down-swing in second round of oil rout

Aug 18, 2015 10:51 am UTC| Insights & Views

US shale producers, have successfully built their image as swing producers since they rapidly reduced active oil rigs by more than 60% beginning in December, 2014 and by mid of this year as oil price dropped from more than...

UK inflation improves, still far from normal

Aug 18, 2015 10:12 am UTC| Insights & Views

Today, some of the measures of inflation in UK improved but levels of inflation that can be considered as normal, still remains quite a far away. Key highlights - Producer price index grew +0.3% in July y/y. Producer...

Guide to today’s important data and events

Aug 18, 2015 09:28 am UTC| Insights & Views

Not many economic dockets scheduled for today, but some with medium to high risks associated. Data released so far: China - House price index dropped by -3.7% in July, slower than prior -4.9%. Australia -...

FxWirePro: Option combinations for cable speculation, least IV likely in ATM contracts among G7 pairs

Aug 18, 2015 08:22 am UTC| Insights & Views

There is no significant news apart from CPI and retail sales UK side except that could propel GBP for this week and near future GBPUSD may likely to experience low volatility (see ATM vols nutshell). You can make out from...

Currency snapshot (major pairs)

Aug 17, 2015 17:20 pm UTC| Insights & Views

Dollar index trading at 96.80 (+0.22%). Strength meter (today so far) - Euro -0.29%, Franc -0.11%, Yen -0.05%, GBP -0.35% Strength meter (since last week) - Euro -0.29%, Franc -0.11%, Yen -0.05%, GBP -0.35% EUR/USD...

Commodities snapshot (precious & industrial)

Aug 17, 2015 16:44 pm UTC| Insights & Views

Lacklustre performance from metals continued. Performance this week at a glance in chart table - Gold - Golds is struggling around $1120 area. Todays range - $1113-$1123. Gold is likely to reach as high as $1150 area...

Equity snapshot (indices)

Aug 17, 2015 16:30 pm UTC| Insights & Views

Equities are mixed to start the week. Performance this week at a glance in chart table: SP 500: SP is marginally higher today. Todays range 2098-2078. Empire manufacturing survey index deteriorated to...

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Economy

Asian Stocks Rally on Tech Gains and U.S.-Iran Diplomacy Hopes

Asian equity markets extended their winning streak on Wednesday, buoyed by strong performances in technology stocks and growing optimism surrounding potential U.S.-Iran diplomatic talks. The positive momentum followed a...

Iran War Drives Asia's Plastic Crisis — and a Green Packaging Boom

The ongoing Iran conflict is reshaping the global packaging industry in ways environmental advocates never anticipated. By disrupting Middle Eastern oil and petrochemical supplies, the war has driven plastic prices to...

Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears

South Koreas incoming Bank of Korea (BOK) Governor nominee Shin Hyun-song has hinted at a possible shift toward tighter monetary policy, warning that prolonged supply-side shocks stemming from the ongoing Middle East...

IMF Slashes Global Growth Forecast Amid Middle East Energy Crisis

The International Monetary Fund has downgraded its global growth outlook following a surge in energy prices triggered by the ongoing Middle East conflict. As finance officials convened for the IMF and World Bank spring...

U.S. Stock Futures Hold Steady as Wall Street Eyes Middle East Diplomacy and Earnings Season

U.S. stock index futures were relatively flat Tuesday evening following a strong regular session that pushed the SP 500 close to its all-time closing high. By late evening, SP 500 Futures hovered near 7,007.75, Nasdaq 100...

Politics

Trump Warns Against Iranian Nuclear Weapons, Criticizes Pope Leo

President Donald Trump renewed his sharp criticism of Pope Leo on Tuesday, taking to his Truth Social platform to issue a stern warning about Irans nuclear ambitions while highlighting what he described as a severe human...

Japan Opens Arms Export Floodgates: New Policy Draws Global Defense Interest

Japan is preparing to significantly loosen its arms export restrictions, and allies from Europe to Southeast Asia are already lining up. Prime Minister Sanae Takaichis ruling party has approved the sweeping policy changes,...

U.S. Blockade on Iran Tightens Amid Ceasefire Uncertainty

United States military forces have fully enacted a naval blockade against Iran, halting all sea-based economic trade flowing in and out of the country, according to a statement released Tuesday by U.S. Central Command. The...

U.S. Sanctions Mexican Human Rights Activist Over Alleged Cartel Ties

The United States government has imposed sanctions on Raymundo Ramos, a prominent Mexican human rights activist, accusing him of secretly working for one of the countrys most dangerous drug cartels. The U.S. Treasury...

Erica Schwartz Reportedly Tapped to Lead the CDC Under Trump Administration

The White House is reportedly considering Erica Schwartz as the next permanent director of the Centers for Disease Control and Prevention, according to the Washington Post, which cited three anonymous sources familiar with...

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

KKR's $820M Investment Fuels Samsung SDS AI Expansion, Sending Group Shares Soaring

Samsung Group stocks rallied sharply on Wednesday following KKRs announcement of a major strategic partnership with Samsung SDS, reigniting investor confidence in the conglomerates artificial intelligence and digital...

DEEPX Partners with Hyundai to Power Next-Gen AI Robots Ahead of IPO

South Korean AI chip startup DEEPX is deepening its collaboration with Hyundai Motor Group to build a cutting-edge computing platform for generative AI-powered robots. The initiative will be driven by the companys upcoming...

Anthropic Nears $800 Billion Valuation as Investor Confidence Surges

Anthropic, the artificial intelligence startup behind the Claude AI assistant, is reportedly fielding investment offers that could value the company at up to $800 billion. According to Business Insider, multiple venture...

SK Hynix Shares Hit Record High Amid AI Memory Demand Surge

SK Hynix shares soared to an all-time high on Tuesday, riding a wave of renewed investor confidence in artificial intelligence infrastructure and fresh momentum from developments tied to fellow memory chipmaker SanDisk....

Amazon in Advanced Talks to Acquire Globalstar in Starlink Rivalry Move

Amazon.com Inc (NASDAQ: AMZN) is reportedly in advanced negotiations to acquire satellite operator Globalstar Inc (NASDAQ: GSAT), marking a bold strategic push by the tech giant to challenge SpaceXs dominant Starlink...
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