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Commentary

Fri, Jan 02, 2026 05:53 AM All times are UTC

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U.S. construction spending drops surprisingly in March

May 01, 2017 17:43 pm UTC| Commentary

Construction spending in the U.S. dropped surprisingly in March. Construction spending fell 0.2 percent on a sequential basis, below consensus expectations of 0.4 percent. The fall in construction spending was driven by...

U.S. manufacturing production growth decelerated in April, manufacturing PMI dropped to 52.8

May 01, 2017 16:48 pm UTC| Commentary

The seasonally adjusted Markit final U.S. manufacturing PMI data showed a sustained rise in U.S. manufacturing production; however, the pace of growth slowed further from the 22-month peak registered in January. The...

U.S. personal income rises below projections in March, personal spending rises strongly

May 01, 2017 16:26 pm UTC| Commentary

The U.S. personal income grew below the consensus expectations in March. Personal income was up 0.2 percent, as compared with the median consensus forecast of 0.3 percent. However, it was still a better month for real...

Fundamentals to watch out for this week

May 01, 2017 11:30 am UTC| Commentary Economy Central Banks

This week is filled with risk heavy data and events. What to watch for over the coming days: Central Banks: Federal Reserve will announce interest rate decision on Wednesday. Reserve Bank of Australia (RBA)...

Commodities snapshot (precious & industrial)

May 01, 2017 11:09 am UTC| Commentary

The metal pack is down today. Performance this week at a glance in chart table - Gold: Gold remains weak due to lack of demand over risk-on sentiment. Todays range $1271-1261 We expect the gold price to reach...

Commodities snapshot (energy)

May 01, 2017 10:54 am UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) WTI is down today after selloffs last week. We expect the WTI to reach $43 per barrel. Todays range $49.3-49 WTI...

Currency snapshot (commodity pairs)

May 01, 2017 10:44 am UTC| Commentary

Dollar index trading at 99.06 (+0.05%) Strength meter (today so far) Aussie +0.33%, Kiwi +0.16%, Loonie -0.04% Strength meter (since last week) Aussie +0.33%, Kiwi +0.16%, Loonie -0.04% AUD/USD Trading at...

2271 2272 2273 2274 2275 2276 2277 2278 2279 2280

Economy

Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading

Most Asian currencies traded near flatline levels on Friday as the U.S. dollar edged lower in thin holiday trading at the start of the new year. Reduced market participation across the region kept trading volumes subdued,...

South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets

South Koreas won weakened on the first trading day of the year, slipping against the U.S. dollar despite renewed commitments from monetary and fiscal authorities to stabilize foreign exchange markets. The move highlights...

Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains

Asian stock markets opened the new year on a positive note on Friday, with technology and semiconductor stocks leading gains across the region, despite subdued trading volumes caused by holiday closures in major markets....

Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook

Oil prices edged slightly higher on Friday, marking a steadier start to 2026 after suffering their steepest annual decline since 2020. Investors are cautiously balancing renewed geopolitical tensions with expectations that...

Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026

Asias major manufacturing economies ended 2025 on a stronger note, as factory activity rebounded across several key markets, supported by rising export orders, renewed global demand, and new product launches. Purchasing...

Politics

Zohran Mamdani Sworn In as New York City Mayor, Pledges Bold Progressive Agenda

Democrat Zohran Mamdani was officially sworn in as New York Citys mayor on Thursday, marking the beginning of a new political era focused on affordability, social equity, and progressive reform in the nations largest city....

Xi Jinping to Host South Korean President Lee Jae Myung as China Seeks to Strengthen Seoul Ties

Chinese President Xi Jinping is set to host South Korean President Lee Jae Myung on a state visit beginning Sunday, highlighting Beijings strategic push to strengthen relations with Seoul amid heightened regional tensions...

Russia and Ukraine Trade Accusations Over New Year Attacks as Peace Talks Intensify

Russia and Ukraine accused each other of targeting civilians during New Year attacks, as the nearly four-year-old war continues amid renewed diplomatic efforts led by U.S. President Donald Trump. The latest exchange of...

Venezuela Frees More Detainees After 2024 Election Protests Amid Rising U.S. Pressure

Venezuelas government has released 88 additional people who were detained following protests that erupted after the countrys disputed July 2024 presidential election, marking the second large-scale release of detainees in...

Bolsonaro Discharged From Hospital and Transferred to Prison After Medical Treatment

Former Brazilian President Jair Bolsonaro was discharged from a hospital in Brasília on Thursday and transferred back into custody to continue serving his prison sentence, according to local media and Reuters...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Starlink Plans Satellite Orbit Reconfiguration in 2026 to Boost Space Safety

SpaceXs Starlink is preparing a major reconfiguration of its satellite constellation in an effort to improve space safety and reduce the risk of orbital collisions. According to Michael Nicolls, SpaceXs vice president of...

Samsung Signals Comeback With HBM4 Chips as AI Market Heats Up

Samsung Electronics is signaling a strong comeback in the high-bandwidth memory (HBM) market, as customers praise the competitiveness of its next-generation HBM4 chips. In a New Year address, co-CEO and head of the...

Google Accelerates AI Infrastructure With Ironwood TPU Expansion in 2026

Google (NASDAQ: GOOGL) is preparing for a major expansion of its AI infrastructure in 2026 as it moves its seventh-generation Tensor Processing Unit (TPU), known as Ironwood, into mass deployment. This next phase marks a...

Trump Administration Lifts Sanctions on Three Intellexa-Linked Executives

The administration of President Donald Trump has lifted U.S. sanctions on three executives previously linked to the controversial spyware consortium Intellexa, according to a notice published on the U.S. Treasury...

Neuralink Plans Automated Brain Implant Surgeries and Mass Production by 2026

Elon Musks brain-computer interface startup Neuralink is preparing for a major expansion, with plans to begin high-volume production of its brain implant devices and transition to fully automated surgical procedures in...