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Currency snapshot (commodity pairs)

Oct 17, 2016 12:47 pm UTC| Commentary

Dollar index trading at 97.94 (-0.18%) Strength meter (today so far) Aussie -0.01%, Kiwi +0.56%, Loonie -0.12% Strength meter (since last week) Aussie -0.35%, Kiwi -1.19%, Loonie -0.61% AUD/USD Trading at...

Currency snapshot (major pairs)

Oct 17, 2016 12:41 pm UTC| Commentary

Dollar index trading at 97.95 (-0.16%) Strength meter (today so far) Euro +0.22%, Franc +0.13%, Yen -0.10%, GBP -0.17% Strength meter (since last week) Euro +0.22%, Franc +0.13%, Yen -0.10%, GBP -0.17% EUR/USD...

U.S. existing home sales likely rebounded in September

Oct 17, 2016 12:38 pm UTC| Commentary

U.S. existing home sales are expected to have recovered in September. In the previous month, sales dropped 0.9 percent as a 2.3 percent decline in single-family sales was greatly countered by a sharp rise of 10.5 percent...

U.S. 10-year bond yields rise to highest in 5 months on Yellen’s hawkish comments

Oct 17, 2016 12:32 pm UTC| Commentary

The U.S. 10-year Treasury yields hit highest in last five months Monday following hawkish comments from the Federal Reserve Chair Janet Yellen. Also, investors sell off treasuries as rebound in Chinese inflation data eased...

USD/RUB likely to trade around 64 by end-2016, 62 by end-2017

Oct 17, 2016 12:18 pm UTC| Commentary

The Russian ruble was increased to new year-to-date highs against the U.S. dollar by more than a higher crude oil price. Renewed attempts by the Russian government regarding privatization have alleviated the burden on the...

Global Geopolitics Series

Global Geo-political Series: Turkey shows how the West loses its global influence

Oct 17, 2016 12:02 pm UTC| Commentary

We are witnessing the beginning of the end of the previous world order and 2016 could very well be remembered in history when this change became apparent. The global geopolitical balance is tilting and this time against...

IMF remains wary on medium-term outlook of advanced economies, sees financial risks in China

Oct 17, 2016 11:53 am UTC| Commentary Economy

The International Monetary Fund (IMF) has remained wary over the medium-term growth outlook of advanced economies, besides, foreseeing financial risks in China, at the IMFs annual meeting. The forecast of financial risks...

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Economy

China's Economy Surpasses Q1 2026 Growth Forecasts

Chinas economy outperformed expectations in the first quarter of 2026, with official GDP data released Thursday confirming a 5% year-on-year expansion ahead of the 4.8% analysts had forecast and a notable acceleration...

China's New Home Prices Continue to Fall in March Despite Signs of Recovery in Major Cities

Chinas new home prices extended their downward trend in March, according to fresh data released by the National Bureau of Statistics, though some of the countrys largest cities began showing modest month-on-month...

China's Economy Shows Resilience Amid Global Headwinds in March

Chinas industrial output climbed 5.7% year-on-year in March, according to data released by the National Bureau of Statistics, surpassing analyst forecasts of 5.5% from a Reuters poll of 36 economists. Despite the...

Australia's Job Market Holds Firm in March 2026 with Strong Full-Time Hiring

Australias labor market demonstrated resilience in March 2026, with employment figures rising broadly in line with analyst expectations. Data released Thursday by the Australian Bureau of Statistics (ABS) revealed a net...

U.S. Stock Futures Rise as S&P 500 and Nasdaq Reach Record Highs

U.S. stock index futures edged higher on Wednesday evening following a strong session that pushed the SP 500 and Nasdaq Composite to all-time highs, fueled by diplomatic optimism and encouraging corporate earnings results....

Politics

Russia Launches Deadly Missile and Drone Strikes Across Ukraine, Killing Three Including a Child

Russian forces launched a wave of missile and drone attacks on multiple Ukrainian cities in the early hours of Thursday, leaving three people dead among them a 12-year-old boy and wounding more than 20 others. The...

Federal Judge Dismisses DOJ Lawsuit Attempting to Block Hawaii's Climate Case Against Oil Giants

A federal judge in Honolulu has dismissed a Trump administration lawsuit that sought to prevent Hawaii from pursuing climate change litigation against major fossil fuel companies in state court. U.S. District Judge Helen...

Pentagon Taps Auto Giants to Supercharge U.S. Weapons Production

The Pentagon is in early discussions with major American manufacturers including automotive leaders General Motors and Ford Motor about redirecting a portion of their factory capacity and workforce toward producing...

U.S. Senate Blocks Resolutions to Halt $450 Million Weapons Sale to Israel

The U.S. Senate voted Wednesday to reject two resolutions that sought to block approximately $450 million in military equipment sales to Israel, including bombs and bulldozers. Republicans united in opposition to the...

DHS Shutdown Delays World Cup Security Planning Despite Full Funding Release

The U.S. government has successfully released all $625 million in federally approved security funding for the 2026 FIFA World Cup, but an ongoing shutdown at the Department of Homeland Security continues to disrupt...

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

Sam Altman Moves to Dismiss Punitive Damages in Sister's Sexual Abuse Lawsuit

Sam Altman, co-founder and CEO of OpenAI, has filed a motion in St. Louis federal court seeking to strike punitive damages from a civil lawsuit brought by his sister, Annie Altman, who accuses him of repeated sexual abuse...

Samsung Races to Deliver Next-Gen HBM4E Memory Samples to Nvidia

Samsung Electronics is pushing hard to deliver engineering samples of its next-generation HBM4E high-bandwidth memory to Nvidia as early as next month, according to South Korean outlet ChosunBiz. The move signals Samsungs...

ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges

ASML Holding N.V. lifted its full-year 2026 revenue forecast after the Dutch semiconductor equipment giant surpassed first-quarter profit and sales expectations. The results were fueled by accelerating AI-driven chip...

Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban

Despite a formal directive from President Donald Trump ordering federal agencies to stop using Anthropics artificial intelligence technology, multiple U.S. government bodies have been quietly evaluating the companys latest...

KKR's $820M Investment Fuels Samsung SDS AI Expansion, Sending Group Shares Soaring

Samsung Group stocks rallied sharply on Wednesday following KKRs announcement of a major strategic partnership with Samsung SDS, reigniting investor confidence in the conglomerates artificial intelligence and digital...
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