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Wed, Jul 08, 2026 04:47 AM All times are UTC

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MPC committee in parliamentary testimony provides fuel to Pound’s rise

Sep 16, 2015 15:16 pm UTC| Insights & Views

Pound which has already gained over sharp rises in wages, in spite of slowdown in global economic activity received further fuel from Bank of Englands (BOE) Monetary Policy Committee (MPC) members. Latest unemployment...

Analysts, economists and market participants divided over rate hike tomorrow

Sep 16, 2015 14:31 pm UTC| Insights & Views

Considerable uncertainty is surrounding FOMC rate decision tomorrow, as analysts, economists and market participants all divided in their expectations. Bloomberg survey shows that its participating economists are evenly...

API reports deficit, while WTI awaits EIA report – calls updated

Sep 16, 2015 13:52 pm UTC| Insights & Views

Crude oil (WTI) is finding support around $43/barrel critical support area, ahead of FOMC tomorrow, making it a make or break event for WTI. Today bulls are coy in charge, however likely to exercise caution ahead of EIA...

Sluggish volumes for XAU/USD contracts ahead of Fed

Sep 16, 2015 13:15 pm UTC| Insights & Views

The meeting of the US Federal Reserve is drawing ever closer, and the gold price is continuing to trend sideways at around $1,110 per troy ounce amid thin trading. In fact, the lowest trading volume so far this year was...

Brazil’s growth forecast axed further, this time by OECD

Sep 16, 2015 13:10 pm UTC| Insights & Views

It seems bottom to the Brazils growth forecast is nowhere near, with every analyst forecasting it a bit further down. This week alone, analysts at Barclays downgraded Brazils growth forecast to contraction of -3.2%,...

Brent and WTI edging higher due to rollover on expiry season and declining U.S. inventory levels

Sep 16, 2015 12:07 pm UTC| Insights & Views

The supply glut is coming to a pause, Well, the API (American Petroleum Institute) has reported yesterday evening that inventories had reduced by 3.1 million barrel week-on-week in the week to 11 September. The market had...

US CPI today – last high profile release before FOMC rate decision tomorrow

Sep 16, 2015 12:02 pm UTC| Insights & Views

Todays release of Consumer price index (CPI) numbers will be most watched by traders and investors ahead of tomorrows FOMC rate decision. CPI is scheduled to be released at 12:30 GMT. Why important? FEDs dual mandate...

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Economy

RBNZ Raises Interest Rates to 2.50%, Signals More Tightening as Inflation Risks Persist

The Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 25 basis points to 2.50% on Wednesday, matching market expectations, and indicated that further policy tightening could be necessary to bring...

US Stock Futures Steady as Middle East Tensions and Fed Minutes Keep Investors Cautious

U.S. stock index futures were little changed Tuesday night as investors stayed on the sidelines ahead of the release of the Federal Reserves latest meeting minutes while monitoring escalating geopolitical tensions in the...

Oil Prices Jump as Middle East Tensions Shake Markets, AI Rally Loses Steam

Oil prices climbed on Wednesday as renewed conflict in the Middle East and fresh U.S. sanctions targeting Iranian oil exports reignited concerns over global energy supplies, while investors reduced exposure to bonds and...

European Stocks Hold Steady as Consumer Shares Rise, AI Tech Selloff Weighs on Markets

European shares were little changed on Tuesday as gains in consumer-focused sectors offset a broad selloff in artificial intelligence-linked technology stocks, while investors closely monitored the NATO summit in Turkey...

Nasdaq Futures Slide as AI Chip Stocks Sink Despite Samsung Earnings; SpaceX Debuts in Nasdaq-100

U.S. stock futures were mixed on Tuesday as technology shares came under pressure, with semiconductor stocks leading declines amid growing concerns over whether the artificial intelligence-driven rally can maintain its...

Politics

Trump Intelligence Nominee Jay Clayton Set for Senate Confirmation Hearing on July 15

President Donald Trumps nominee for U.S. director of national intelligence, Jay Clayton, is scheduled to appear before the Senate Select Committee on Intelligence for his confirmation hearing on July 15, according to an...

U.S. Strikes Iran, Revokes Oil License as Strait of Hormuz Attacks Escalate

The United States launched a new wave of military strikes against Iran on Tuesday and revoked a key license allowing Tehran to sell oil, escalating tensions after multiple commercial tankers were hit by projectiles in the...

Taiwan Says Defense Preparations Are Essential Amid Rising China Military Threat

Taiwans efforts to strengthen its defenses against a potential Chinese attack are necessary for national security and should not be viewed as a provocation, a senior Taiwanese security official said Tuesday, urging...

Italy Rejects Trump Social Media Feud Ahead of NATO Summit in Turkey

Italy said it will no longer respond to provocative social media comments from U.S. President Donald Trump, choosing instead to avoid public disputes as NATO leaders gather for a summit in Ankara, Turkey. Italian Foreign...

Damascus Blasts Strike Near Hotel Ahead of Macron Syria Visit

Explosive devices detonated near a hotel in Damascus on Tuesday where French President Emmanuel Macron was scheduled to stay, prompting heightened security measures in the Syrian capital, according to a security source....

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

OpenAI GPT-5.6 Set for Wider Release After U.S. Commerce Approval, Report Says

OpenAI is expected to roll out its advanced GPT-5.6 artificial intelligence model to a broader audience this week after receiving approval from the U.S. Department of Commerce, according to an Axios report published...

Zhipu AI Stock Jumps on Report of Custom AI Chip Development Plans

Knowledge Atlas Tech Joint Stock (HK:2513), the listed company associated with Chinese AI startup Zhipu AI, surged on Tuesday after a report said the company is exploring the development of a custom application-specific...

SpaceX Stock Draws Bullish Wall Street Coverage Ahead of Nasdaq-100 Inclusion

Several major Wall Street banks have launched coverage of Space Exploration Technologies (SpaceX) ahead of its inclusion in the Nasdaq-100 Index, assigning price targets between $190 and $300 as analysts take different...

China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share

Chinas smartphone sales fell 13% year-over-year during the 2026 618 shopping festival as rising handset prices and weaker discounts discouraged buyers, according to Counterpoint Research. The annual month-long shopping...

Meta Says States Seek $1.4 Trillion in Penalties Over Teen Social Media Addiction Lawsuit

Meta Platforms has revealed that four U.S. states are seeking approximately $1.4 trillion in potential penalties in a lawsuit accusing the company of designing Facebook and Instagram to addict young users while misleading...