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Currency snapshot (commodity pairs)

Aug 29, 2016 12:59 pm UTC| Commentary

Dollar index trading at 95.74 (+0.27%) Strength meter (today so far) Aussie -0.03%, Kiwi +0.06%, Loonie -0.32% Strength meter (since last week) Aussie -0.03%, Kiwi +0.06%, Loonie -0.32% AUD/USD Trading at...

Canadian bonds gain following weak crude oil prices; Q2 GDP in focus

Aug 29, 2016 12:56 pm UTC| Commentary

The Canadian government bonds gained Monday as crude oil prices declined more than 1 percent at the start of the week as Iran said it would only cooperate in talks to freeze output if other exporters recognized its right...

U.K. consumer credit growth seems to have stayed robust in July

Aug 29, 2016 12:50 pm UTC| Commentary

The U.K. consumer so far appears to have shrugged off the Brexit vote news. This might be probably because majority of voters voted for it, said Societe Generale in a research report. This is seen in the growth of retail...

US Government bonds sag after Yellen signals interest rate hike this year

Aug 29, 2016 12:47 pm UTC| Commentary

The US 10-year Treasury yields jumped above 1.61 percent mark Monday after Fed Chair Janet Yellen indicated an interest rate hike for this year. The yield on the benchmark 10-year Treasury note bounced 8 basis points to...

Currency snapshot (major pairs)

Aug 29, 2016 12:44 pm UTC| Commentary

Dollar index trading at 95.74 (+0.27%) Strength meter (today so far) Euro -0.25%, Franc -0.16%, Yen -0.49%, GBP -0.42% Strength meter (since last week) Euro -0.25%, Franc -0.16%, Yen -0.49%, GBP -0.42% EUR/USD...

Global auto sales likely to rise on rising demand from emerging markets

Aug 29, 2016 12:42 pm UTC| Commentary

Global auto sales are expected to rise following improvement in demand from emerging market economies. The rise will reflect a recovery in demand from Asia and emerging economies in particular, offsetting the slump in...

Japan’s jobless rate likely to have remained at 3.1 pct in July

Aug 29, 2016 12:23 pm UTC| Commentary

Japans jobless rate is expected to have remained below NAIRU in July. According to a Societe Generale research report, unemployment rate is expected to have remained at 3.1 percent in July, the same as in June. With...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

Peru Presidential Election 2026: Keiko Fujimori Takes Early Lead in First-Round Vote

According to an early exit poll released by Ipsos Peru on Sunday, right-leaning presidential candidate Keiko Fujimori has taken the lead in Perus ongoing presidential election, capturing 16.6% of the vote. The results...

U.S. Blockades Strait of Hormuz After Iran Nuclear Talks Collapse

President Donald Trump announced Sunday that the United States Navy would begin blockading the Strait of Hormuz following the breakdown of high-stakes nuclear negotiations with Iran in Islamabad. The U.S. Central Command...

Peter Magyar Ends Viktor Orbán's 16-Year Rule in Historic Hungary Election

Peter Magyar, leader of the centre-right, pro-European Tisza party, has defeated longtime Hungarian Prime Minister Viktor Orbán in a landmark parliamentary election that drew record voter turnout. Partial results...

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

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

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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