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Commentary

Wed, Apr 08, 2026 04:28 AM All times are UTC

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US new home sales rise in November, but remain sluggish

Dec 23, 2015 16:15 pm UTC| Commentary

New home sales printed 490k in November, less than forecast (500k) and the consensus (505k) had expected, as prior months sales data were revised lower by a net 39k. Single family sales improved in the West (135k,...

US consumer sentiment ends 2015 on a solid footing

Dec 23, 2015 16:11 pm UTC| Commentary

The University of Michigan index of consumer sentiment was revised up to 92.6 in the final December estimate (prelim: 91.8), modestly above expectations of 92.0. The current conditions index was revised up to 108.1...

Canadian economic growth disappoints in October

Dec 23, 2015 16:02 pm UTC| Commentary

After contracting by 0.5% in September, economic activity in Canada was flat in October, disappointing expectations for an increase in real GDP of 0.2%. Output in both the goods and services-producing sectors were...

Canadian retail sales ran out of gas in October

Dec 23, 2015 15:58 pm UTC| Commentary

Canadian retail sales run out of gas in October, rising 0.1% month-on-month after falling 0.5% in September. The number was well below market expectations of a 0.4% gain. Whats worse, the gains were all due to price...

Commodities snapshot (precious & industrial)

Dec 23, 2015 14:40 pm UTC| Commentary

Metal pack is down today. Performance this week at a glance in chart table - Gold - Gold is down again today, backtracking earlier gains. Todays range $1075-1070 Gold is currently trading at $1070/troy ounce....

Equity snapshot (indices)

Dec 23, 2015 14:23 pm UTC| Commentary

Equities are all mixed in todays trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500 - SP 500,...

Commodities snapshot (energy)

Dec 23, 2015 13:58 pm UTC| Commentary

Energy pack is mixed today, oil is up, and gas is down. Weekly performance at a glance in chart table. Oil (WTI) - WTI is up on short covering. Todays range $36.2-37 WTI is currently trading at $36.7/barrel....

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Economy

RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns

New Zealands central bank left interest rates unchanged on Wednesday, citing growing inflation risks stemming from rising global oil prices while simultaneously cautioning about a softer near-term economic outlook. The...

Asian Currencies Rally as Dollar Weakens, Trump-Iran Ceasefire Boosts Risk Sentiment

Most Asian currencies gained ground on Wednesday as the US dollar retreated to a four-week low amid improving global risk appetite, fueled largely by a surprise ceasefire agreement between US President Donald Trump and...

Italy's Service Sector Contracts for First Time in 16 Months Amid Rising Costs and Weakening Demand

Italys services industry slipped into contraction territory in March 2026 for the first time in over a year, as escalating costs tied to Middle East tensions and softening demand weighed heavily on business activity. The...

Sterling Slides as Dollar Holds Firm Amid U.S.-Iran Tensions

The British pound came under pressure Tuesday, trading near $1.3234 against the U.S. dollar as geopolitical uncertainty and strong American economic data kept the greenback well-supported. Cable dipped to an intraday low...

Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns

Goldman Sachs has revised its 2026 copper price outlook downward, now projecting an average of $12,650 per tonne compared to its earlier estimate of $12,850. The adjustment reflects softer global demand expectations tied...

Politics

Australia Welcomes U.S.-Iran Ceasefire But Criticizes Trump's Inflammatory Rhetoric

Australian Prime Minister Anthony Albanese has responded positively to a newly brokered ceasefire between the United States, Israel, and Iran, while expressing concern over the alarming language used by President Donald...

Israel Backs U.S. Ceasefire Decision Amid Iran Tensions, Talks Set for April 10

Israeli Prime Minister Benjamin Netanyahus office confirmed on Wednesday that Israel supports the United States decision to suspend military strikes against Iran for a two-week period. However, Israeli officials were quick...

Russia Secretly Aids Iran With Satellite Intelligence and Cyber Support Across the Middle East

A Ukrainian intelligence assessment has revealed that Russian satellites conducted at least 24 detailed reconnaissance missions over 11 Middle Eastern countries between March 21 and 31, surveying 46 strategic locations to...

Trump May Delay Iran Military Strike If Diplomatic Deal Shows Promise

President Donald Trump is reportedly open to postponing planned military action against Iran should credible signs of a diplomatic breakthrough emerge, according to multiple media outlets citing an Axios report. U.S....

Iran-Israel War Escalates as Trump's Ceasefire Deadline Looms

Tensions in the Middle East reached a critical flashpoint as Iran and Israel continued exchanging strikes, with Tehran firmly rejecting a U.S.-brokered ceasefire proposal just hours before a deadline issued by President...

Science

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

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...