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Wed, Oct 07, 2026 02:13 PM All times are UTC

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Currency snapshot (commodity pairs)

Jul 04, 2016 13:32 pm UTC| Commentary

Dollar index trading at 95.58 (-0.1%) Strength meter (today so far) Aussie +0.82%, Kiwi +0.60%, Loonie +0.04% Strength meter (since last week) Aussie +0.82%, Kiwi +0.60%, Loonie +0.04% AUD/USD Trading at...

US Treasuries end mixed Friday; markets closed for Independence Day

Jul 04, 2016 13:10 pm UTC| Commentary

The US Treasuries saw mixed performance to finish off the week with little change in the short-end being contrasted by additional buying further out. This week has clearly been defined by Brexit fallout but as the dust...

Currency snapshot (major pairs)

Jul 04, 2016 13:10 pm UTC| Commentary

Dollar index trading at 95.62 (-0.06%) Strength meter (today so far) Euro +0.08%, Franc -0.21%, Yen -0.12%, GBP +0.15% Strength meter (since last week) Euro +0.08%, Franc -0.21%, Yen -0.12%, GBP...

Emerging Market Crisis Series

Additional fiscal easing to counter adverse effect of Brexit on South Korea

Jul 04, 2016 12:48 pm UTC| Commentary Economy

The South Korean economy is unlikely to be impacted significantly by the likelyoutcome of Brexit vote. First and foremost, the country does not have a strong trade linkagewith the euro area and/or with the UK. Last year,...

Australia likely to witness a hung parliament just as in 2010

Jul 04, 2016 12:41 pm UTC| Commentary Politics

The Australian economy is likely to face a hung parliament for the first time since 2010in its Federal elections that were held on Saturday, the results of which are due on Tuesday. A hung parliament is one where any...

Domestic investment to drive Thai economic growth in 2016; economy to expand slightly stronger at 2.8 pct

Jul 04, 2016 12:37 pm UTC| Commentary Economy

Domestic investment is expected to mainly drive the Thai economic growth this year rather than foreign demand or private consumption. It is quite vital that the promised infrastructure projects start in 2016 for the...

Brexit to impact Polish economy in medium term; growth of investment might suffer next year

Jul 04, 2016 12:22 pm UTC| Commentary Economy

The Polish economy is expected to witness several adverse effects of Brexit. Investment growth in the country is likely to face certain challenges in the coming years. Moreover, inflation is likely to accelerate slightly...

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Economy

RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks

The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.50% on Wednesday, delivering its first interest rate hike since February 2023 as policymakers respond to rising inflation risks and...

European Stocks Fall as Oil Rises Ahead of Fed Minutes

European shares moved lower on Wednesday as investors took profits following recent gains, with rising crude oil prices and caution ahead of the Federal Reserves meeting minutes weighing on market sentiment. The...

US Stock Futures Flat as Fed Minutes, Earnings Loom

U.S. stock futures were largely unchanged in Asian trading Wednesday after the SP 500 and Nasdaq Composite reached record closing highs, with investors awaiting Federal Reserve meeting minutes and the upcoming...

Asian Currencies Mixed as Yen Weakens, Dollar Holds Firm

Asian currencies traded mixed on Wednesday as the U.S. dollar remained near recent highs, while the Japanese yen weakened toward 158 per dollar amid uncertainty over the Bank of Japans policy outlook and renewed concerns...

Gold Prices Fall as Stronger Dollar Weighs on Bullion

Gold prices fell on Wednesday as a stronger U.S. dollar pressured bullion, while improving Middle East oil supplies and easing Treasury yields reduced expectations for further aggressive Federal Reserve interest rate...

Politics

JD Vance Says Iran Must Cut Nuclear Enrichment to End War

U.S. Vice President JD Vance said Iran must significantly reduce its nuclear enrichment capacity to meet Washingtons conditions for ending the seven-month war, putting Tehrans nuclear program at the center of efforts to...

Houthis Strike Aden Airport as Yemen Fighting Escalates

Houthi forces launched ballistic missiles and explosive drones at Aden International Airport early Wednesday as fighting intensified between the Iran-aligned group and Yemens Saudi-backed government. Yemens Transport...

Rapidus Seeks Chip Customers as Japan Pushes 2nm Semiconductor Revival

Japans Rapidus is expanding partnerships with global chip design companies as the state-backed semiconductor manufacturer races to secure customers for its planned 2-nanometre production facility. Backed by roughly $15...

Vance Demands Iran Cut Nuclear Enrichment to End War

US Vice President JD Vance said Iran must significantly reduce its nuclear enrichment capacity before Washington will agree to end the seven-month US-Iran war, stressing that concrete action rather than diplomatic...

North Korea Slams US Taiwan Arms Sales, Reaffirms Russia Support

North Korea has criticized the United States for supplying weapons and military support to Taiwan, accusing Washington of increasing tensions across the Taiwan Strait as Pyongyang also reaffirmed its backing for Russia. In...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Intel Reaffirms Role in Elon Musk’s Terafab Chip Project

Intel will continue working with Elon Musk on the ambitious Terafab semiconductor project, CEO Lip-Bu Tan said, reaffirming the U.S. chipmakers role despite speculation that Taiwan Semiconductor Manufacturing Co. (TSMC)...

LG Electronics Shares Slide as Q3 Profit Misses Estimates

LG Electronics shares dropped sharply on Wednesday after the South Korean technology giant reported preliminary third-quarter operating profit that fell short of market expectations, despite delivering solid year-on-year...

SpaceX Seeks $40 Billion for Nvidia AI Chips

SpaceX is seeking to raise about $40 billion to finance a major purchase of Nvidia artificial intelligence chips, with Apollo Global Management expected to lead the fundraising effort, the Financial Times reported Tuesday....

JPMorgan CEO Jamie Dimon Warns Mythos AI Raises Cyber Risk Tenfold

JPMorgan Chase CEO Jamie Dimon has warned that advanced artificial intelligence systems are dramatically increasing cybersecurity risks for global banks, calling cyberattacks the financial giants biggest threat. Speaking...

Anthropic Expands Claude Access for Cyber Defense Teams

Anthropic has expanded access to its most advanced artificial intelligence models for verified cybersecurity professionals and select government partners, aiming to strengthen defenses against threats targeting critical...