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Tue, Dec 23, 2025 02:09 AM All times are UTC

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Currency snapshot (commodity pairs)

May 14, 2015 15:01 pm UTC| Insights & Views

Dollar index trading at 93.38 (-0.25%). Strength meter (today so far) - Aussie -0.18%, Kiwi -0.09%, Loonie -0.02%. Strength meter (since last week) - Aussie +2.11%, Kiwi +0.41%, Loonie +0.94%. AUD/USD - Trading at...

Commodities snapshot (precious & industrial)

May 14, 2015 14:38 pm UTC| Insights & Views

Metals pack are trading in green today. Performance this week at a glance in chart table - Gold - As expected gold has cleared resistance around $1224 over weaker dollar, next target is coming around $1252. Gold is...

US inflation expectation struggles to push ahead

May 14, 2015 14:00 pm UTC| Insights & Views

US inflation expectation as measured by 5 year 5 year (5y5y) forward inflation expectation rate is struggling to push above the highest level seen before March Fed commentary of around 2.16% and todays softer PPI release...

Producer price index points at no inflationary worries

May 14, 2015 13:36 pm UTC| Insights & Views

Rapid rise in inflation due to rebound in energy prices would have pushed Federal Reserve Governor Janet Yellen to act faster to curb prices, given recent rapid rise in longer end yields. This would have hurt US economy...

BSP signs of little appetite for rate cuts

May 14, 2015 13:03 pm UTC| Insights & Views

The central bank of Philippines kept its policy rate unchanged at 4.00%. This was in line with both consensus and the fifth straight on hold decision. It also left SDA rates at 2.50%.The BSP (Bangko Sentral ng Pilipinas)...

Key features of recent bond market exodus

May 14, 2015 13:03 pm UTC| Insights & Views

Latest bond market sell offs have spooked investors leading to sharp drop in dollar and equities across world. Key features of the latest rout - Sell offs more acute in Euro zone - Sell offs are sharper across...

Weak dollar alone won’t be sufficient to push yen lower

May 14, 2015 12:47 pm UTC| Insights & Views

US dollar has fallen to below four month low against its major trading counterpart as measured by US dollar index, which is value of dollar against a basket of currencies namely Euro, Pound, yen, Franc, Swedish...

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Economy

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector

Mexicos antitrust commission is set to review a proposed tie-up between low-cost airlines Viva Aerobus and Volaris, a move that has drawn positive remarks from President Claudia Sheinbaum and sparked interest across the...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...