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Currency snapshot (major pairs)

Jun 05, 2017 11:23 am UTC| Commentary

Dollar index trading at 96.93 (+0.17%) Strength meter (today so far) Euro -0.33%, Franc -0.43%, Yen -0.20%, GBP +0.16% Strength meter (since last week) Euro -0.33%, Franc -0.43%, Yen -0.20%, GBP +0.16% EUR/USD...

Safe havens in demand amid terrorist attack and geo-political tension

Jun 05, 2017 10:40 am UTC| Commentary

Safe havens are in demand this week that has already been rattled by another terrorist attack in London and a growing diplomatic rift in the Middle East. On Saturday, there has been a terrorist incident in London that...

UK gilts plunge as investors shrug-off lower-than-expected services PMI; upcoming snap election adds uncertainties

Jun 05, 2017 10:27 am UTC| Commentary Economy

The UK gilts plunged Monday after investors largely shrugged-off lower-than-expected services Purchasing Managers Index (PMI) for the month of May, released earlier today. Also, investors are eyeing the 5-year auction,...

Eurozone periphery bonds slump as investors await ECB’s policy decision

Jun 05, 2017 09:43 am UTC| Commentary Economy

The Eurozone periphery bonds slumped Monday as investors remain cautious ahead of the European Central Banks (ECB) monetary policy decision, scheduled to be held on June 8. Also, Germany, the benchmark for Eurozone debt...

Fundamentals to watch out for this week

Jun 05, 2017 09:19 am UTC| Commentary Central Banks

This week is extremely risk-heavy especially in terms of events. What to watch for over the coming days: Central Banks: Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. The...

Australia house price growth likely to slow sharply owing to policy changes, macro-prudential regulation: ANZ Research

Jun 05, 2017 09:02 am UTC| Commentary Economy

Australias housing price growth is expected to slow sharply due to a combination of policy changes and macro-prudential regulation. Similarly, residential construction activity has already started to lose momentum. While...

Latest Commitment of Traders positions (FX) as at May 30th 2017

Jun 05, 2017 08:52 am UTC| Commentary

CFTC commitment of traders report was released on Friday (2nd June) and cover positions up to Tuesday (30th May). COT report is not a complete presenter of entire market positions since the future market is relatively...

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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

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

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...
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