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Commodities snapshot (precious & industrial)

Jul 13, 2016 13:38 pm UTC| Commentary

Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is higher today riding on weak dollar. Todays range $1327-1344 We expect gold to reach $1520 Gold is currently trading at...

Commodities snapshot (energy)

Jul 13, 2016 13:32 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 sharp rise yesterday as inventory hangover takes toll. Active call WTI is likely to drop...

Currency snapshot (commodity pairs)

Jul 13, 2016 13:26 pm UTC| Commentary

Dollar index trading at 96.35 (-0.16%) Strength meter (today so far) Aussie +0.42%, Kiwi +0.33%, Loonie +0.03% Strength meter (since last week) Aussie +0.94%, Kiwi +0.27%, Loonie -0.12% AUD/USD Trading at...

Currency snapshot (major pairs)

Jul 13, 2016 13:20 pm UTC| Commentary

Dollar index trading at 96.33 (-0.18%) Strength meter (today so far) Euro +0.24%, Franc +0.50%, Yen +0.13%, GBP -0.09% Strength meter (since last week) Euro +0.35%, Franc -0.12%, Yen -4.02%, GBP +2.47% EUR/USD...

South Africa’s retail sales beat expectations in May

Jul 13, 2016 13:02 pm UTC| Commentary

Retail sales in South Africa during the month of May jumped, beating market expectations and marking its strongest rise since early 2014 that signaled that the economy may be flipping back to track, after contracting in...

Canadian bonds rally as investors turn cautious ahead of BOC policy decision, weak crude

Jul 13, 2016 13:02 pm UTC| Commentary

The Canadian government bonds rallied on Wednesday as investors remained cautious ahead of the Bank of Canada monetary policy decision. Also, weak crude oil prices drove investors towards safe-haven buying. The yield on...

Brazilian real’s rally unlikely to sustain

Jul 13, 2016 13:01 pm UTC| Commentary

The Brazilian real has appreciated 20 percent against the US dollar so far in 2016. The strengthening of real is mainly due to the muted outlook of the US Feds interest rate and also due to markets pricing that the new...

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Economy

China’s Budget Spending Falls as Land Sale Revenue Plummets, Raising Economic Concerns

Chinas budget spending has shrunk at an accelerated pace, driven by a steep decline in land sale revenues. With local governments reporting a 41.8% drop in income from land sales last month, concerns are rising about the...

Clean Energy Sector Added 150,000 Jobs in 2023, Boosted by the Inflation Reduction Act

The clean energy industry added nearly 150,000 new jobs in 2023, driven by the Inflation Reduction Act, according to a report by E2. Southern states led this growth, accounting for 36% of the new positions as the renewable...

China Expected to Lower Policy and Lending Rates After U.S. Interest Rate Cut

A Reuters poll suggests that China will likely lower its central policy and lending rates on September 20, following the U.S. Federal Reserves significant interest rate cut. This anticipated move aims to stimulate Chinas...

미국 은행주 상승, 대규모 금리 인하로 채무 불이행 위험 및 비용 우려 완화

연방준비제도(Fed)가 50bp(베이시스 포인트) 금리 인하를 단행한 다음 날인 목요일, 미국 은행주의 주가가 프리마켓 거래에서 상승했다. 이번 금리 인하는 예금 비용을 줄이고 차입자들에 대한 압박을 완화할 것으로 기대된다. 올해...

Politics

Mitch McConnell 2024: Age, Family, Net Worth, and Political Career Explored

As 2024 approaches, Senate Minority Leader Mitch McConnell remains a pivotal figure in American politics, continuing to exert significant influence over the Republican Partys direction. With decades of experience in the...

Chuck Schumer 2024: Age, Family, Net Worth, and Political Career Analyzed

Senate Majority Leader Chuck Schumer remains a dominant force in U.S. politics as 2024 approaches, with his leadership shaping key legislative battles and party strategy. With a long tenure in public service, Schumer is a...

Hakeem Jeffries 2024: Age, Family, Net Worth, and Political Career Explored

As 2024 approaches, all eyes are on Hakeem Jeffries, a rising figure in the Democratic Party and a potential key player in the political landscape. With his increasing prominence, Jeffries has garnered significant...

Did Melania Trump Cheat on Donald Trump?

Rumors of infidelity have long been a staple in the world of high-profile marriages, and the latest speculation surrounding former First Lady Melania Trump is no exception. Whispers of an alleged affair between Melania and...

Science

SpaceX's Polaris Dawn Crew Achieves Historic Spacewalk and Advances Commercial Space Exploration

SpaceXs Polaris Dawn mission accomplished several milestones during its five-day journey, including the most remote spacewalk in history. Crew members conducted 36 groundbreaking experiments, advancing knowledge in space...

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

Technology

Elon Musk Accused of Disabling Cybertruck Used in Ukraine-Russia War by Chechen Leader

Ramzan Kadyrov, the Chechen leader, alleges that Elon Musk remotely disabled his Tesla Cybertruck during its use in the Ukraine-Russia war, adding another twist to the ongoing controversy surrounding the vehicles presence...

BlackRock Bitcoin ETF Options Debut on Nasdaq After SEC Approval, Ushering in New Trading Era

The SEC has approved options trading for BlackRocks iShares Bitcoin ETF on the Nasdaq, marking the first spot Bitcoin ETF with options in the U.S., potentially transforming Bitcoin risk management for institutional...

Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level

Shiba Inu witnessed a 115% rise in whale activity, pushing its price to $0.0000145. The surge signals strong investor confidence as SHIB approaches a critical resistance level. Every day brings a new twist to the Shiba...

Bitcoin Rumor Ignites: Michael Saylor of MicroStrategy Hints US Banks to Custody Bitcoin

Michael Saylor, CEO of MicroStrategy, has stirred the crypto world by revealing credible rumors that major US banks may soon provide Bitcoin custody services, potentially revolutionizing the intersection of traditional...
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