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Wed, Oct 07, 2026 11:38 PM All times are UTC

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Commodities snapshot (precious & industrial)

Jun 09, 2016 13:55 pm UTC| Commentary

Metal pack is down today. Performance this week at a glance in chart table - Gold Gold is marginally down on stronger Dollar. Todays range $1256-1266 Gold is currently trading at $1260/troy ounce....

Deputy Governor Nakaso: BoJ to adopt further easing if needed

Jun 09, 2016 13:43 pm UTC| Commentary

Bank of Japans deputy governor warned of lingering global economic uncertainty, pointing to the signs of weakness in private consumption signaling the central banks readiness to expand monetary stimulus if needed to hit...

Currency snapshot (commodity pairs)

Jun 09, 2016 13:42 pm UTC| Commentary

Dollar index trading at 94 (+0.51%) Strength meter (today so far) Aussie -0.81%, Kiwi +0.04%, Loonie -0.39% Strength meter (since last week) Aussie +0.91%, Kiwi +2.42%, Loonie +1.54% AUD/USD Trading at...

USD/MXN likely to trade at higher level in short term

Jun 09, 2016 13:37 pm UTC| Commentary

Last year, the Mexican peso was on a downward trend. This was mainly because of the speculations of a rapid normalization of the US Feds monetary policy. This situation was similar to several other emerging nations. The...

Currency snapshot (major pairs)

Jun 09, 2016 13:22 pm UTC| Commentary

Dollar index trading at 93.93 (+0.43%) Strength meter (today so far) Euro -0.77%, Franc -0.43%, Yen +0.20%, GBP -0.20% Strength meter (since last week) Euro -0.45%, Franc +1.17%, Yen -0.06%, GBP -0.10% EUR/USD...

Canadian government bonds gain tracking weak global cues

Jun 09, 2016 13:11 pm UTC| Commentary

The Canadian government bonds strengthened on Thursday, following US trend as rate hike expectations by the Federal Reserve this summer diminished. The US 10-year treasury yield fell below 1.70 percent mark to 1.6815...

South African economy contracted in Q1 2016; may fall into recession in 2016

Jun 09, 2016 12:58 pm UTC| Commentary

South Africas real GDP contracted 0.3 percentin sequential terms in the first quarter of 2016. The analysts who were surveyed before the data was published had projected zero growth. Furthermore, last years data was...

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Economy

US-Led Coalition Targets Global Factory Overcapacity

Trade ministers from 12 G20 nations, the European Union and Poland have backed a US-led initiative aimed at tackling structural excess factory capacity and trade-distorting policies that contribute to global...

Mike Rogers Calls for End to US-Canada Tariff War

Michigan Republican Senate candidate Mike Rogers is calling for an immediate end to the US-Canada tariff dispute, distancing himself from President Donald Trump on another major policy issue ahead of next months election....

Bangladesh GDP Growth Accelerates to 4.6% on Industrial Rebound

Bangladeshs economy recorded a sharp acceleration in growth during the April-June quarter, supported by a strong recovery in industrial activity and steady expansion in the services sector, even as agriculture lost...

France to Release 10 Million Barrels of Diesel to Ease Fuel Prices

France will release 10 million barrels of diesel from its strategic reserves as the government moves to ease tight fuel supplies and rising energy prices driven by the wars in Iran and Ukraine, Prime Minister Sebastien...

Oil Prices Rise as Hormuz Risks Offset IEA Stock Release

Oil prices climbed in volatile trading Wednesday as renewed Middle East supply concerns outweighed pressure from plans to accelerate releases from global emergency reserves. Brent crude futures for December rose 0.7% to...

Politics

Trump Backs Florida Golf Course as Presidential Retreat

US President Donald Trump on Wednesday endorsed a proposal to transform part of his West Palm Beach, Florida, golf course into a secure presidential retreat similar to Camp David. Its a great idea, and it will be used a...

Saudi Airport Attacks Kill Three as Yemen Fighting Escalates

Three people were killed and dozens wounded in attacks on airports in Saudi Arabia as escalating fighting between Yemens Iran-aligned Houthis and Saudi-backed government forces threatens regional aviation and key shipping...

Maduro, Wife May Face New US Torture Charges

Ousted Venezuelan President Nicolas Maduro and his wife, Cilia Flores, could face additional criminal charges in the United States over allegations involving the torture of Americans detained in Venezuela, according to a...

Trump Weighs FBI Probe Into Nolan Wells’ Death

US President Donald Trump said Wednesday that his administration is considering asking the FBI to investigate the death of Nolan Wells, an 18-year-old Black man whose body was discovered on a Mississippi barrier island...

Saudi Arabia Probes Flydubai Cockpit Attack

Saudi Arabia has opened an aviation safety investigation into last weeks cockpit attack aboard a flydubai Boeing 737 MAX, while the United Arab Emirates conducts a separate criminal probe into the incident, according to...

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

Broadcom, Oracle and SpaceX Seek Billions in Private Debt for AI Expansion

Major artificial intelligence companies are increasingly turning to private debt markets to finance tens of billions of dollars in AI chips and data center infrastructure, as traditional funding sources struggle to keep...

TikTok Accused of Testing Fake Safety Tools on Users

TikTok allegedly gave thousands of users, including children and teenagers, non-functional versions of safety features as part of experiments on its platform, according to newly unsealed claims in a New York lawsuit. New...

Micron Shares Rise 4% Despite Taiwan Strike Risk

Micron Technology shares reversed early losses on Wednesday, climbing nearly 4% as investors appeared to shrug off concerns about a potential worker strike at one of the chipmakers major manufacturing operations in Taiwan....

San Francisco Halts New Data Center Construction With 45-Day Moratorium

San Francisco has imposed a 45-day moratorium on new data center construction as city officials consider tighter rules for facilities that support the rapidly expanding artificial intelligence industry. The San Francisco...

Florida Seeks Tougher Meta Rules to Protect Young Users

Florida is asking a state judge to impose stricter protections for young Instagram and Facebook users as it moves forward with its lawsuit against Meta Platforms, rejecting a broader settlement accepted by dozens of other...