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Sat, May 02, 2026 02:36 AM All times are UTC

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USD/CNY likely to rally through 6.40 level in wake of June FOMC meeting, says Scotiabank

May 08, 2018 09:36 am UTC| Commentary Economy

The USD/CNY currency pair is expected to rally through the 6.40 level in the run up to the Federal Open Market Committees (FOMC) monetary policy meeting in June, according to a recent report from Scotiabank. Further,...

Global Geopolitical Series: Iran hints at continuing with JCPOA without U.S. if others remain committed

May 08, 2018 08:46 am UTC| Commentary

President Trump has tweeted yesterday that he would announce the much-awaited decision on Joint Comprehensive Plan of Action (JCPOA) better known as the Iran nuclear agreement from the White House at 2 pm. In 2015, Iran...

FxWirePro Call Review: Charged up bulls trigger stop loss in our short call in DAX; expect sellers to emerge around 13300 area

May 08, 2018 08:26 am UTC| Commentary

In February this year, after several of our bullish targets achieved over the past year or so, in an article named, FxWirePro Call Review: DAX outlook revised from bullish to bearish, available at...

FxWirePro Call Review: Soybean short side target extended to 975 cents/bushel

May 08, 2018 06:39 am UTC| Commentary

Back in April this year, in an article named, FxWirePro: Sell U.S. Soybean with Short-term target of 990 cents per bushel, available at...

New Zealand bonds end higher as investors await RBNZ’s monetary policy statement, followed by Governor Orr’s speech

May 08, 2018 06:22 am UTC| Commentary Economy

New Zealand bonds ended on a higher note Tuesday as investors wait to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision, scheduled to be unveiled on May 9, followed by a press conference later in the...

FxWirePro Call Review: Eurostoxx50 to find sellers around 3600 area

May 08, 2018 05:57 am UTC| Commentary

Back in November 2017, in an article named, FxWirePro: Sell Eurostoxx50 targeting 3250, available at http://www.fxwirepro.com/fxwire/popup/newsPopup?id=777979 , we urged our readers to go short in the European blue chip...

FxWirePro: Asian markets up, gold remains well supported below $1,320 mark

May 08, 2018 05:05 am UTC| Commentary

All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,310 mark while silver was trading around $16.43 mark. Japans Nikkei was trading 0.18 pct higher at 22,507.55...

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Economy

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention

Currency markets closely monitored the Japanese yen on Friday after suspected intervention by Tokyo triggered significant volatility, while the U.S. dollar began May with a modest rebound following April losses. The U.S....

Oil Prices Fall as Iran Proposes New Deal Amid Ongoing U.S. Tensions

Oil prices dropped on Friday, reversing earlier gains after Iran signaled a potential step toward de-escalation by submitting a new proposal through Pakistani mediators. The development comes amid continued geopolitical...

Oil Prices Rise Amid Iran Conflict and Strait of Hormuz Disruption

Oil prices climbed on Friday as geopolitical tensions in the Middle East continued to unsettle global energy markets. Efforts to resolve the ongoing conflict involving Iran remain stalled, with Tehran maintaining its...

Politics

U.S. Fast-Tracks $8.6 Billion Arms Sales to Middle East Allies Amid Rising Tensions

The Trump administration has approved over $8.6 billion in military sales to key Middle East allies, including Israel, Qatar, Kuwait, and the United Arab Emirates, bypassing the usual congressional review process. This...

Judge Rules Use of Military Lawyers in Civilian Prosecutions Is Lawful

A federal judge in Minnesota has ruled that the Trump administrations decision to assign military lawyers to assist in prosecuting civilians does not violate federal law. The decision comes from U.S. Magistrate Judge...

U.S. Flags Vietnam as “Priority Foreign Country” Over Intellectual Property Concerns

The Office of the United States Trade Representative (USTR) has officially designated Vietnam as a Priority Foreign Country in its latest annual intellectual property (IP) report, signaling heightened concern over the...

Japan Eases Arms Export Rules, Opening Door for Potential Ukraine Defense Support

Japans recent relaxation of its weapons export rules could pave the way for future discussions on supplying military equipment to Ukraine, according to Kyivs ambassador to Tokyo. The policy shift, led by Prime Minister...

FEMA Reinstates Employees After Dissent Letter, Signaling Shift in Workforce Stability

The U.S. Federal Emergency Management Agency (FEMA) has reinstated more than a dozen employees who were placed on administrative leave in August 2025 after signing a public letter criticizing agency leadership and...

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

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

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...