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Mon, Jul 06, 2026 01:41 AM All times are UTC

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Fundamentals to watch out for this week

Jul 04, 2016 06:38 am UTC| Commentary Economy

In terms ofdata, this week is quite risk heavy but post-Brexit politics make it a magnified one. What to watch for over the coming days: Brexit commentaries - Both scheduled and unscheduled commentaries...

Construction spending in US drops for second straight month in May

Jul 04, 2016 06:35 am UTC| Commentary Economy

Total nominal value of construction spending in the US dropped a seasonally adjusted 0.8 percent in to USD 1,143.3 billion in May from Aprils downwardly-revised figure of USD 1,152.4 billion. The negative readings recorded...

JGBs rise modestly as firms’ inflation forecast falls in June, keeps BoJ under pressure

Jul 04, 2016 06:11 am UTC| Commentary

The Japanese government bonds traded modestly firmer on Monday after companies inflation expectations fell slightly in June from three months ago, keeping the central bank under pressure for further stimulus. The yield...

RBA likely to keep interest rate unchanged, expected to ease in Q3 2016

Jul 04, 2016 05:54 am UTC| Commentary Central Banks

The Reserve Bank of Australia is expected to remain on hold at its monetary policy meeting scheduled to be held on July 5, at 4:30 GM. The central bank is expected to leave the official cash rate at its record low of 1.75...

US factory activity grows strongly in June; expansion likely to slow in coming months

Jul 04, 2016 05:51 am UTC| Commentary Economy

Factory activity in the US expanded in June at its most solid pace since early June 2015. The ISM manufacturing index rose to 53.2 in June, implying that even if producers continue face tough environment, the obstacles...

Australian bonds slump ahead of RBA policy decision, election uncertainty

Jul 04, 2016 05:25 am UTC| Commentary

The Australian government bonds slumped on Monday as investors awaited the Reserve Bank of Australia monetary policy decision, scheduled to take place on Tuesday. Also, Australias bonds fell after a national election at...

FxWirePro: The Day Ahead- 4th July 2016

Jul 04, 2016 05:23 am UTC| Commentary Economy

Not many economic dockets scheduled for today and all with low to medium risks associated. Data released so far: Australia: TD securities inflation rises 0.6 percent in June, up 1.5 percent from a year back....

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Economy

Iran Begins Oil Sale Talks With Japan Under U.S. Sanctions Waiver Amid Shipping Risks

Iran has opened preliminary discussions with Japanese companies about resuming crude oil exports under a temporary U.S. sanctions waiver, although potential buyers are seeking a longer exemption and stronger assurances...

Russia Stocks End Flat at Three-Year Low as MOEX Index Stalls, Gold Prices Climb

Russian stocks closed mixed on Sunday, with the benchmark MOEX Russia Index finishing unchanged at 0.00% while remaining at its lowest level in three years. Despite the flat performance of the overall index, individual...

Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027

Goldman Sachs has raised its USD/JPY exchange rate forecasts, predicting the Japanese yen will remain under pressure as elevated U.S. Treasury yields, limited recession risks in the United States, Japans fiscal concerns,...

Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch

Most Asian currencies edged higher on Friday after the U.S. dollar retreated from a 13-month high following weaker-than-expected U.S. nonfarm payrolls data, raising fresh questions about the Federal Reserves interest rate...

Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions

Asian stock markets rebounded sharply on Friday as investors returned to technology shares following a week of heavy selling, while easing geopolitical tensions and growing expectations of Federal Reserve interest rate...

Politics

Trump to Meet Zelenskiy at NATO Summit in Turkey to Push Ukraine Peace Efforts

U.S. President Donald Trump is set to meet Ukrainian President Volodymyr Zelenskiy during this weeks NATO summit in Turkey as part of a renewed diplomatic effort to end the war in Ukraine, according to a senior U.S....

Israel Cabinet Rejects Supreme Court Ruling, Sparking Constitutional Crisis Fears

Israels cabinet has voted to reject a Supreme Court ruling involving the countrys broadcast regulator, triggering fresh concerns over a potential constitutional crisis and deepening tensions between Prime Minister Benjamin...

Israeli Airstrike Kills Two in Gaza City as Ceasefire Violations and Truce Talks Persist

At least two Palestinians were killed and several others were wounded in an Israeli airstrike in central Gaza City on Sunday, according to Palestinian health officials, as violence continued despite an October ceasefire...

Khamenei Funeral Draws Massive Crowds as Iran’s New Supreme Leader Remains Absent

Iran continued its week-long funeral ceremonies on Sunday for slain Supreme Leader Ayatollah Ali Khamenei, with tens of thousands of mourners gathering in Tehran while his successor, Supreme Leader Mojtaba Khamenei,...

Michigan Senate Race Narrows as Mallory McMorrow Ends Democratic Campaign

Michigan State Senator Mallory McMorrow has suspended her Democratic campaign for the U.S. Senate, reshaping the partys primary contest into a two-candidate race in one of the countrys most closely watched battleground...

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

Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley

Meta Platforms (NASDAQ: META) is preparing to expand into the cloud computing market, a move that could position the company as a future rival to Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. According to...

Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds

Anthropic is strengthening measures to prevent unauthorized access to its artificial intelligence services from China after discovering that several Chinese companies had allegedly bypassed its restrictions, according to a...

Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round

Hong Kong-listed shares of Kuaishou Technology (HK:1024) climbed more than 6% on Thursday after its spun-off artificial intelligence business, Kling AI, secured an initial $2 billion in venture capital funding to...

Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment

Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has acknowledged that the companys progress in developing artificial intelligence (AI) agents has been slower than expected, despite Metas aggressive investment in AI...

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...