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Commentary

Mon, Jul 13, 2026 04:24 AM All times are UTC

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Euro area construction output drops in June, construction sector likely to see growth in quarters ahead

Aug 18, 2017 16:49 pm UTC| Commentary

The Euro area construction output data for the month of June was released today. Production in construction was down in the currency bloc. Seasonally adjusted production in construction sector dropped 0.5 percent in euro...

U.S. consumer confidence rebounds in August on sharp rise in expectations

Aug 18, 2017 15:58 pm UTC| Commentary

The University of Michigan consumer confidence index rose in August. The U.S. consumer sentiment rebounded to 97.6 in August from 93.4. The current conditions index dropped from the previous month, so the rise was mainly...

Canada’s consumer price inflation rises slightly in July, BoC likely to hike rates again in fall

Aug 18, 2017 15:14 pm UTC| Commentary

Canadas consumer price inflation accelerated slightly in July on a year-on-year basis. CPI inflation rose slightly to a still-modest 1.2 percent in the month from 1 percent in the prior month. On a sequential basis...

Commodities snapshot (precious & industrial)

Aug 18, 2017 13:25 pm UTC| Commentary

The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold has broken a key resistance line. Up this week on weaker equity prices. Todays range $1301-1285 In the short-term...

Commodities snapshot (precious & industrial)

Aug 18, 2017 13:25 pm UTC| Commentary

Commodities snapshot (energy)

Aug 18, 2017 13:20 pm UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Saudi Arabia is set to reduce exports to Asia and as inventories decline. In June Saudi exports of oil declined to...

Currency snapshot (commodity pairs)

Aug 18, 2017 13:12 pm UTC| Commentary

Dollar index trading at 93.43 (-0.26%) Strength meter (today so far) Aussie +0.64%, Kiwi +0.56%, Loonie +0.73% Strength meter (since last week) Aussie +0.43%, Kiwi +0.10%, Loonie +0.65% AUD/USD Trading at...

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Economy

Gold Prices Fall as US-Iran Conflict, Rising Oil Prices Fuel Fed Rate Concerns

Gold prices extended their decline on Monday as escalating tensions between the United States and Iran pushed oil prices higher, raising fears of renewed inflation and reducing demand for the safe-haven metal. Investors...

Dollar Rises as Middle East Conflict Fuels Inflation and Rate Hike Fears

The U.S. dollar strengthened against most major currencies on Monday as renewed conflict in the Middle East heightened inflation concerns and increased expectations that central banks, including the Federal Reserve, could...

Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields

Asian stock markets opened lower on Monday as escalating conflict in the Gulf and Irans claim that it had closed the Strait of Hormuz fueled concerns over global energy supplies, pushing oil prices sharply higher and...

EU Weighs New Trade Restrictions on Israeli West Bank Settlements

European Union foreign ministers are set to discuss potential new trade restrictions targeting Israeli settlements in the occupied West Bank during a meeting on Monday, as support grows among some member states for...

US-Iran Strikes Escalate as Strait of Hormuz Crisis Pushes Oil Prices Higher

The conflict between the United States and Iran intensified over the weekend as both sides exchanged heavy missile and drone attacks, raising fears of a prolonged regional crisis and renewed disruption to global energy...

Politics

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...

Minnesota Wildfires Spread as Governor Tim Walz Deploys National Guard

Minnesota Governor Tim Walz has declared a peacetime emergency and activated the state National Guard to help combat fast-growing wildfires burning along the states northern border with Canada. According to Minnesota state...

Israel Sets October 27 Election as Netanyahu Faces Tough Political Test

Israel will hold a national election on October 27, marking the countrys first parliamentary vote since the Hamas attack on October 7, 2023, and the subsequent conflicts involving Gaza, Lebanon, and Iran. The election date...

Israeli Strikes Kill Six in Gaza as Ceasefire Talks Continue in Cairo

Israeli attacks across the Gaza Strip killed at least six Palestinians on Sunday, including a 9-year-old girl, as mediators continued negotiations aimed at preserving the U.S.-brokered Israel-Hamas ceasefire and advancing...

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

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...

SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO

SK Hynix made a strong debut on the Nasdaq on Friday, with its American Depositary Receipt (ADR) shares closing 12.8% higher at $168.01 after completing a record-breaking $26.5 billion U.S. initial public offering (IPO),...

Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI

Elon Musk has publicly praised artificial intelligence startup Anthropic, saying the company is obviously the current leader in AI, in a rare acknowledgment of a key rival as competition among top AI developers...