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Mon, Apr 27, 2026 02:44 AM All times are UTC

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U.S. May ISM non-manufacturing index remains solid in May

Jun 05, 2017 17:21 pm UTC| Commentary

The ISM non-manufacturing index for the U.S. continues to be in line with healthy activity in services in May. The ISM nonmanufacturing index dropped slightly to 56.9 in May from Aprils reading of 57.5. Consensus...

Brazil’s service sector returns to contraction in May after growing in April, PMI falls to 49.2

Jun 05, 2017 17:15 pm UTC| Commentary

The Brazilian service sector contracted in May, with output falling after having increased in April for the first time in 26 months. The headline seasonally adjusted IHS Markit Brazil Services PMI Business Activity Index...

U.S. Q1 productivity growth rate revised upwardly from preliminary estimate

Jun 05, 2017 16:02 pm UTC| Commentary

The pace of U.S. productivity growth was upwardly revised for the first quarter to 0.0 percent sequentially from the preliminary estimate of -0.6 percent. But, this continues to be a noticeable deceleration as compared...

Commodities snapshot (precious & industrial)

Jun 05, 2017 11:58 am UTC| Commentary

The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is marginally higher today after a big run on Fridays payroll report. Todays range $1278-1282 We expect the gold...

Commodities snapshot (energy)

Jun 05, 2017 11:51 am UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) WTI is down today, despite initial jump on diplomatic tensions in the Middle East. Saudi Arabia, UAE, Bahrain, and...

Currency snapshot (commodity pairs)

Jun 05, 2017 11:40 am UTC| Commentary

Dollar index trading at 96.91 (+0.16%) Strength meter (today so far) Aussie +0.50%, Kiwi -0.06%, Loonie -0.05% Strength meter (since last week) Aussie +0.50%, Kiwi -0.06%, Loonie -0.05% AUD/USD Trading at...

U.S. Treasuries slump in subdued trading session

Jun 05, 2017 11:26 am UTC| Commentary Economy

The U.S. Treasuries lost amid a silent trading session that witnessed data of little economic significance and despite disappointment in the countrys labour market report for the month of May, released end of last...

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Economy

Oil Prices Surge Amid U.S.-Iran Tensions and Strait of Hormuz Supply Concerns

Oil prices climbed sharply during early Asian trading on Monday, building on strong gains from the previous week as geopolitical tensions between the United States and Iran showed little sign of easing. The lack of...

US Stock Futures Steady as Oil Prices Surge and Big Tech Earnings Loom

U.S. stock index futures showed little movement Sunday night following record-breaking closes last week, as rising oil prices and stalled U.S.-Iran negotiations weighed on investor sentiment. Market participants are now...

U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets

Geopolitical tensions between the United States and Iran continue to intensify, significantly impacting global energy markets and international diplomacy. U.S. naval forces recently intercepted a sanctioned vessel, the M/V...

Canadian Dollar Outlook: Resilient Performance Driven by Oil Prices and Market Dynamics

The Canadian dollar (CAD) has demonstrated notable resilience among G10 currencies in recent weeks, even as domestic economic data shows signs of softness. According to Goldman Sachs, this strength comes despite...

U.S.-Iran Conflict Stalls as Diplomatic Efforts Collapse and Global Oil Tensions Rise

Hopes for a diplomatic breakthrough in the ongoing U.S.-Israel conflict with Iran have faded as negotiations remain stalled, prolonging uncertainty in global markets and geopolitics. Efforts to end the two-month conflict...

Politics

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...

China Conducts Live-Fire Drills Near Luzon as U.S.-Philippines Balikatan Exercises Expand

China recently carried out military drills, including live-fire exercises, in waters east of Luzon Island in the Philippines, highlighting rising tensions in the South China Sea. The announcement came as the United States...

US-Iran Tensions Rise as Nuclear Talks Stall and Strait of Hormuz Crisis Deepens

Global attention has shifted back to escalating US-Iran tensions as diplomatic efforts to end the ongoing conflict show little progress. President Donald Trump stated that Iran could initiate negotiations if it is willing...

King Charles to Join NYC Mayor at 9/11 Memorial During U.S. State Visit

New York Mayor Zohran Mamdani is set to join Britains King Charles in a solemn wreath-laying ceremony at the 9/11 memorial during the monarchs upcoming visit to the United States. The event will take place at the World...

Bennett and Lapid Unite to Challenge Netanyahu in Upcoming Israeli Election

Two of Israeli Prime Minister Benjamin Netanyahus strongest political rivals, Naftali Bennett and Yair Lapid, have announced a strategic alliance aimed at unseating his government in the anticipated Israeli election later...

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

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...