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Thu, Jul 09, 2026 03:28 AM All times are UTC

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Canada’s manufacturing sales rise in September, likely to remain healthy for rest of 2016

Nov 17, 2016 05:07 am UTC| Commentary

Canadas manufacturing sales rose for the fourth consecutive month in September. The print for September came above consensus projection. Canadas manufacturing sales grew 0.3 percent sequentially, after rising 0.9 percent...

Asian markets mixed, gold stable around $1,225

Nov 17, 2016 04:02 am UTC| Commentary

All the major Asian indices were trading on a mixed note on Thursday. In early hours of Asia, Australia released job data with negative numbers. Gold and silver were trading marginally higher. Gold was trading around...

FxWirePro: EUR/USD dips below lower range, bearish bias increases

Nov 16, 2016 14:35 pm UTC| Commentary

The EUR /USD pair fell as low as 1.0697 in the early US session , as greenback was boosted by a surge in Treasury yields after Donald Trumps election to the U.S. presidency. Dollar also received a lift as investors...

Chart of the Day: Dollar index touches 13-year high

Nov 16, 2016 14:34 pm UTC| Commentary

The dollar index, which is the value of the dollar against a basket of currencies has touched a 13-year high today. The expectations that a Donald Trump Presidency would trigger fresh fiscal stimulus, which would increase...

Commodities snapshot (precious & industrial)

Nov 16, 2016 14:06 pm UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is stabilizing around $1220 area. Todays range $1233-1221 We expect gold to reach $1520 Gold is currently trading at...

Commodities snapshot (energy)

Nov 16, 2016 13:47 pm UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is down today after big rise yesterday. Todays range $46.2-45 Buy WTI targeting $53.5 area. Target extended...

Currency snapshot (commodity pairs)

Nov 16, 2016 13:06 pm UTC| Commentary

Dollar index trading at 100.51 (+0.20%) Strength meter (today so far) Aussie -1.15%, Kiwi -0.55%, Loonie -0.22% Strength meter (since last week) Aussie -1.01%, Kiwi -0.73%, Loonie +0.41% AUD/USD Trading at...

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Economy

China Inflation Cools in June as Producer Prices Hit Four-Year High

Chinas consumer inflation slowed in June while producer prices climbed at their fastest annual pace in four years, highlighting uneven inflation trends and reinforcing expectations that policymakers may introduce further...

Oil Prices Rise as U.S.-Iran Conflict Fuels Strait of Hormuz Supply Fears

Oil prices extended their rally on Thursday as escalating tensions between the United States and Iran heightened concerns over potential disruptions to Middle East crude supplies, with renewed security risks in the Strait...

US Stock Futures Steady as US-Iran Tensions and Fed Inflation Concerns Weigh on Markets

U.S. stock index futures traded little changed late Wednesday as investors assessed rising geopolitical tensions between the United States and Iran alongside the Federal Reserves cautious stance on inflation and interest...

US Launches New Iran Strikes as Strait of Hormuz Conflict Escalates, Oil Prices Rise

The United States launched a new wave of military strikes against Iran on Wednesday, targeting sites linked to Tehrans ability to threaten shipping through the Strait of Hormuz. The escalation followed attacks on three...

Gold Price Rebounds as U.S.-Iran Tensions and Fed Minutes Keep Markets on Edge

Gold prices edged higher during Asian trading on Wednesday as investors assessed escalating tensions between the United States and Iran while awaiting the release of the Federal Reserves June meeting minutes for fresh...

Politics

Greenlanders Reject Trump’s Renewed Push for U.S. Control of Arctic Island

Greenlanders gathered in Nuuk for the countrys traditional kayaking championship voiced strong opposition to U.S. President Donald Trumps renewed call for the United States to take control of Greenland, insisting the...

Judge Orders $5.8 Million Payment to E. Jean Carroll After Trump Loses Appeal Bid

A U.S. federal judge has authorized the release of nearly $5.8 million to magazine writer E. Jean Carroll, allowing her to collect a 2023 civil judgment after President Donald Trump failed to block the payment during the...

Smithsonian Rejects White House Claims of ‘Anti-American’ Bias

Smithsonian Institution Secretary Lonnie Bunch has pushed back against a White House report accusing the National Museum of American History of promoting thinly veiled anti-Americanism and extreme political activism,...

Germany Seen Gaining as U.S. China-Built Ship Fees Reshape Trade

Germany could emerge as one of the unexpected beneficiaries of planned U.S. port fees targeting merchant ships built in China, with exports to the United States projected to increase by about 2%, according to a study by...

Trump Faces Pressure at NATO Summit as Europe Seeks Stronger U.S. Commitment

NATO leaders gathered in Ankara on Wednesday hoping to persuade U.S. President Donald Trump to reaffirm Washingtons commitment to the alliance after renewed tensions over the Iran conflict, U.S. troop deployments in...

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

Zhipu AI Raises HK$31.37 Billion in Discounted Share Sale to Accelerate AI Growth

Chinese artificial intelligence company Zhipu AI, listed in Hong Kong as Knowledge Atlas Tech Joint Stock (HK:2513), has raised approximately HK$31.37 billion (US$4 billion) through a discounted share sale, strengthening...

Nvidia Invests $500M in Firmus Technologies Ahead of Planned ASX IPO

Nvidia (NASDAQ: NVDA) has agreed to invest approximately A$720 million (US$500 million) in Australian cloud infrastructure startup Firmus Technologies, becoming the largest participant in the companys planned A$2 billion...

SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest

SK Hynix Inc. is seeing overwhelming investor interest in its planned $28 billion U.S. listing, with demand reportedly exceeding the number of shares available by several times, according to a Bloomberg News report on...

Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices

Chinese semiconductor stocks rallied on Wednesday after a report suggested Apple (NASDAQ: AAPL) is testing memory chips from domestic manufacturer ChangXin Memory Technologies (CXMT) for devices sold in China, fueling...

Wolfspeed Sues Navitas Over GaN and SiC Patent Infringement

Wolfspeed Inc. (NYSE: WOLF) has filed a patent infringement lawsuit against Navitas Semiconductor Corp. (NASDAQ: NVTS), alleging that the chipmaker violated several of its key patents covering gallium nitride (GaN) and...