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Mon, Jul 13, 2026 11:33 PM All times are UTC

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Commodities snapshot (energy)

Oct 17, 2017 12:07 pm UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) WTI is higher this week over Kurdistan and Iraq conflict. Todays range $51.6 -52.3 Active call Buy targeting...

Currency snapshot (major pairs)

Oct 17, 2017 11:59 am UTC| Commentary

Dollar index trading at 93.54 (+0.29%) Strength meter (today so far) Euro -0.23%, Franc -0.24%, Yen +0.04%, GBP -0.50% Strength meter (since last week) Euro -0.37%, Franc -0.93%, Yen -0.49%, GBP -0.62% EUR/USD...

Oil in Global Economy Series: Kuwaiti oil minister sees no need to extend supply cut agreement

Oct 17, 2017 11:33 am UTC| Commentary Economy

Kuwaiti oil minister Essam al-Marzouk said that OPEC and its non-OPEC partners may not need to extend that supply cut agreement beyond the current deadline of March 2018, which is aimed at reducing global oil supplies by...

Oil in Global Economy Series: Key updates on Iraq-Kurdistan conflict

Oct 17, 2017 11:15 am UTC| Commentary

After amassing thousands of troops near Kurdistan border over the past week, Iraq has launched an offensive against Kurdish peshmerga forces on Monday to gain back control of the disputed region of Kirkuk and maybe more....

U.S. Treasuries flat in timid session ahead of FOMC member Harker’s speech

Oct 17, 2017 10:52 am UTC| Commentary Economy

The U.S. Treasuries traded range-bound Tuesday as investors await FOMC member Harkers speech, scheduled to be held today by 17:00GMT. The yield on the benchmark 10-year Treasury flat at 2.31 percent, the super-long...

Oil in Global Economy Series: Saudi Aramco IPO might be shelved permanently over private placement

Oct 17, 2017 10:41 am UTC| Commentary

The latest report suggests that the mega-IPO of Saudi Aramco, which could have been the biggest IPO launch ever has been shelved indefinitely. Initially, a launch was expected in 2018 but several factors such as lower oil...

UK gilts steady after September consumer inflation matches expectations; investors eye BoE Governor Carney’s speech

Oct 17, 2017 09:30 am UTC| Commentary Economy

The UK gilts slumped Tuesday after the countrys consumer price-led inflation index for the month of September met market expectations, and coming in higher than the previous reading in August. The yield on the benchmark...

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Economy

Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets

The U.S. dollar gave up early gains on Monday as investors weighed escalating conflict in the Middle East against shifting expectations for Federal Reserve policy, while the Japanese yen weakened after a Reuters report...

European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets

European stock markets opened lower on Monday as escalating conflict in the Middle East fueled a broad risk-off sentiment, while Irans announcement that it had closed the Strait of Hormuz heightened fears of global energy...

South Korea’s KOSPI Triggers Trading Curb as AI Chip Stock Selloff Deepens

South Koreas benchmark KOSPI index briefly triggered a trading curb on Monday after tumbling more than 5%, as heavy selling in major technology and semiconductor stocks rattled Asian markets. The sharp decline reflected...

Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage

Iraqs Prime Minister Ali al-Zaidi is set to visit Washington on Monday as Baghdad and the United States seek to strengthen their strategic partnership through new energy, trade and investment agreements. The visit is...

Asian Currencies Weaken as Stronger Dollar Weighs, Yen Supported by GPIF Repatriation Hopes

Most Asian currencies traded lower on Monday as a stronger U.S. dollar and rising Treasury yields pressured regional foreign exchange markets, while the Japanese yen drew support from renewed speculation that Japans...

Politics

UK Sanctions 24 Russian-Linked Targets Over Cyberattacks and Election Interference

The United Kingdom on Monday imposed sanctions on 24 individuals and entities linked to Russia over alleged cyberattacks, election interference, and the spread of anti-Ukraine disinformation across Europe. The move marks...

EU to Propose New Rules Limiting Children's Access to Social Media

The European Commission is preparing to introduce new rules aimed at limiting childrens access to social media platforms, with a formal proposal expected after the summer break, European Commission President Ursula von der...

HHS Watchdog Reports $5.56 Billion in Healthcare Fraud Recoveries as Enforcement Actions Decline

The U.S. Department of Health and Human Services (HHS) Office of Inspector General (OIG) reported $5.56 billion in expected recoveries and projected savings during the six months from October through March, while excluding...

Western Allies Push for More Air Defenses for Ukraine at Paris Summit

Western leaders are set to seek additional air defense commitments for Ukraine during a high-level meeting in Paris on Monday, as Kyiv faces growing challenges intercepting Russian ballistic missile attacks despite recent...

Zelenskiy Plans Ukraine Government Shake-Up as Prime Minister Svyrydenko Set to Step Down

Ukrainian President Volodymyr Zelenskiy announced plans to replace Prime Minister Yulia Svyrydenko after just one year in office, setting the stage for a broader government reshuffle as Kyiv seeks to implement a new...

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

TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings

Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds largest contract chipmaker, posted strong second-quarter revenue growth as robust demand for artificial intelligence (AI) chips continued to drive business across...

Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub

Samsung Electronics is set to begin operations at its first semiconductor fabrication plant in the Yongin chip cluster in 2029, marking a faster-than-expected rollout of one of South Koreas most significant chip...

Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX

Morgan Stanley believes Chinas rapidly advancing reusable rocket program represents the biggest long-term competitive threat to SpaceX, following the countrys first successful recovery of an orbital-class rocket booster....

SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing

SK Hynix shares fell as much as 4.4% in early trading on Monday, even after the South Korean memory chip giant posted a strong debut on the Nasdaq following one of the largest U.S. listings by an Asian technology company....

Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft

Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of misappropriating confidential company information and trade secrets tied to its hardware development efforts. The lawsuit, filed...