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Mon, Oct 05, 2026 11:14 PM All times are UTC

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Bank of England Poised for Sixth Consecutive Rate Pause Amid Inflation Concerns

Sep 17, 2026 08:05 am UTC| Central Banks Insights & Views

The Bank of England is likely to keep Bank Rate steady at 3.75% at its 17 September MPC meeting, the sixth consecutive pause expected in 2026 - this is because the consensus view is for a 6-3 vote at the September poll....

Federal Reserve Hikes Rates by 25 Basis Points Amid Persistent Inflationary Pressure

Sep 17, 2026 05:30 am UTC| Central Banks Insights & Views

The Federal Reserve increased its benchmark interest rate by 25 basis points to a target range of 3.75%4.00%, so signaling its first rate increase since July 2023. The decision reflected continuous inflationary pressure as...

Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown

Sep 16, 2026 18:57 pm UTC| Insights & Views

Gold pared most of its gains after hawkish rate hike by Fed. It hits an intraday low of $4262, it is currently at $4338. The Federal Open Market Committee (FOMC) concluded its two-day meeting on September 16, 2026,...

Hawkish Pivot: US Federal Reserve Delivers First Rate Hike Since 2023

Sep 16, 2026 18:08 pm UTC| Central Banks Insights & Views

Today the Federal Open Market Committee (FOMC) finished its two-day meeting with a clear change in policy by voting unanimously (120) to raise the target federal funds rate by 25 basis points to a range of 3.75% to 4.00%....

Pressure on the Rupee: INR Slides to Seven-Week Low Amid Triple Macro Threat

Sep 16, 2026 13:37 pm UTC| Insights & Views

The Indian Rupee has dropped to a seven-week low close to 95.95 against the US dollar, knocked about by a mix of rising worldwide crude oil costs, ongoing foreign institutional capital exodus, and intense speculation...

Crypto Selloff Triggers Massive Long Liquidations After CLARITY Act Fails in Senate

Sep 16, 2026 12:00 pm UTC| Digital Currency Insights & Views

On September 15th, the Senates failure to move the CLARITY Act forward set off a major and broad selloff across the cryptocurrency market that resulted in roughly $660770 million worth of long liquidations over 24 hours....

UK Inflation Hits Five-Month High Driven by Energy Prices, Core Pressures Stable

Sep 16, 2026 09:32 am UTC| Insights & Views

With the Consumer Price Index (CPI) increasing by 3.1% year-on-year, matching market predictions, UK inflation reached a five-month high in August. This is higher than the 2.9% recorded last month. CPI increased by 0.5%...

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Economy

Nasdaq Hits Record High as Tech Stocks Lift Wall Street

Wall Street stocks advanced on Monday as gains in mega-cap technology shares offset pressure from elevated Treasury yields, while the US dollar strengthened and oil prices declined. The Dow Jones Industrial Average gained...

European Stocks Diverge as French Fiscal Crisis Hits CAC 40

European stocks ended mixed on Monday as Frances worsening fiscal concerns pushed the CAC 40 to a six-month low, while stronger Eurozone business activity and softer U.S. employment data supported other regional markets....

Trump Plans Diesel Tax Relief as Fuel Prices Hit Record Highs

US President Donald Trump is preparing an executive order aimed at expanding access to tax-exempt diesel as his administration seeks to ease record fuel costs ahead of the November 3 elections, according to two people...

Oil Prices Fall as Middle East Exports Recover, G7 Eases Supply Fears

Oil prices fell in volatile Monday trading as recovering Middle East crude exports, a G7 emergency reserve release and renewed fighting in Yemen eased some concerns over global supply disruptions. Brent crude futures for...

Wall Street Rises as Oil Prices Ease, Nasdaq Hits Record

Wall Street closed higher Monday as easing oil prices and gains in materials and communication services helped stocks withstand another sharp sell-off in global bonds. The SP 500 gained 0.7% to 7,777.31, putting the...

Politics

US DOT Ends Airline Privacy Review Without Enforcement

The U.S. Transportation Department has concluded a review of privacy practices at the nations 10 largest airlines without imposing fines or taking enforcement action, according to a department memo. The airline privacy...

New York Declares Measles Disaster Emergency as Cases Surge

New York Governor Kathy Hochul declared a statewide disaster emergency on Monday in response to a growing measles outbreak, marking the first such declaration by a U.S. state since measles cases began rising sharply in...

ISIS Attack Near Kirkuk Kills Iraqi Policeman After US Withdrawal

At least one Iraqi federal police officer was killed and four others were wounded Monday after Islamic State militants attacked a security position southwest of Kirkuk, according to two security sources. The assault...

Trump Offers US Help to Russia After Plague Lab Worker Dies

US President Donald Trump said Monday that the United States is prepared to help Russia following the death of a laboratory worker at a plague research institute in Siberia, an incident that has triggered public health...

Cuba Says US Contacts Continue but Formal Talks Remain Stalled

Cuba and the United States continue to maintain communication channels, but no formal negotiations are currently underway as President Donald Trump intensifies pressure on Havana, according to Cubas top diplomat 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

Nvidia-Backed Reflection AI Launches Beam Open-Weight Model

Nvidia-backed startup Reflection AI has launched Beam, its first open-weight artificial intelligence model, as the U.S. company looks to challenge lower-cost Chinese AI models in coding and agentic tasks. Reflection AI...

Meta and Microsoft Cut Internal Claude AI Use

Meta Platforms and Microsoft are reducing their internal reliance on Anthropics Claude AI models as both technology giants encourage employees to adopt proprietary artificial intelligence tools, according to a report from...

Huawei, Qualcomm Sign Multi-Year AI and 5G Patent Deal

Chinas Huawei Technologies has reached a broad multi-year patent licensing agreement with Qualcomm covering key technologies including artificial intelligence, 5G, computing and networking, strengthening the companies...

Zcash NU7 Testnet Cuts Block Time to 25 Seconds

Zcash has activated its NU7 network upgrade on the public testnet, reducing the targeted time between transaction blocks from 75 seconds to 25 seconds as developers prepare for a potential November mainnet launch. NU7 went...

Firmus Grid IPO Draws Strong Demand, Nvidia and Blackstone Could Raise Stakes

Australian data centre operator Firmus Grid plans to reserve roughly half of the shares in its initial public offering for existing investors, potentially giving Nvidia and Blackstone an opportunity to increase their...