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Sat, Dec 20, 2025 03:03 AM All times are UTC

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Increased Indian gold imports hamper premium in INR, further slump projected

May 05, 2015 08:10 am UTC| Insights & Views

We think the Indian rupee is positioned for a little more weakness as Indias gold imports surged 19.5 % to $ 34.32 billion in the 2014-15 financial year that ended 31 March, as lower prices and an easing of import...

Aussie bulls show remarkable resilience post rate cut

May 05, 2015 08:06 am UTC| Insights & Views

Today Reserve bank of Australia (RBA) delivered 25 basis points rate cut bringing RBAs benchmark lending rate to 2%. Aussie lost ground initially however bulls showed remarkable resilience and pushed the pair to new...

Guide to today’s important data and events

May 05, 2015 07:37 am UTC| Insights & Views

Relatively low economic dockets with moderate risk are scheduled for today. Data released so far - Australia - Trade deficit for March, shrank to -1.3 billion, with exports and imports both shrinking by 2%. Reserve...

China distorting German exports adding weakness to Euro growth

May 05, 2015 06:47 am UTC| Insights & Views

In March, we expect the German trade surplus to have amounted to 21.9bn, up from 19.5bn in February. Exports are expected to have increased by 0.2% MoM, following the rise of 1.4% MoM in February (-2.1%), while imports are...

Order bookings and surge in export volumes boosting dollar strength

May 05, 2015 05:41 am UTC| Insights & Views

As per the monthly report released by U.S. Census Bureau that factory orders for the month of April rose 2.1% which was more than the estimates of a 2.0% gain. This is strengthened by a surge in manufacturing of motor...

Equity snapshot (indices)

May 04, 2015 15:09 pm UTC| Insights & Views

Equities are all trading in green today, after massive selloff of last week. Performance this week at a glance in chart table - SP 500 - SP might be moving to test all time high around 2125, currently trading at 2118...

Currency snapshot (commodity pairs)

May 04, 2015 14:40 pm UTC| Insights & Views

Dollar index trading at 95.39 (+0.18%). Strength meter (today so far) - Aussie +0.08%, Kiwi +0.24%, Loonie +0.45%. Strength meter (since last week) - Aussie +0.08%, Kiwi +0.24%, Loonie +0.45%. AUD/USD - Trading at...

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Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

Politics

U.S. Pushes New Gaza Governance Plan With International Force to Secure Ceasefire

U.S. Secretary of State Marco Rubio said the United States is moving quickly to establish a new governance framework for Gaza, signaling a major shift in post-war planning for the Palestinian enclave. Speaking at a...

U.S. Intelligence Warns Putin Still Seeks Full Control of Ukraine Despite Peace Talks

U.S. intelligence reports continue to warn that Russian President Vladimir Putin remains intent on capturing all of Ukraine and potentially reclaiming territory beyond its borders, according to multiple sources familiar...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

U.S. President Donald Trump said on Friday that he plans to meet with major health insurance companies in the coming weeks in an effort to push for significantly lower healthcare costs, as millions of Americans face the...

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

The U.S. Justice Department has released hundreds of thousands of pages of documents related to the late financier and convicted sex offender Jeffrey Epstein, a move that has reignited political controversy and public...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...