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Currency snapshot (commodity pairs)

Jul 09, 2015 18:10 pm UTC| Insights & Views

Dollar index trading at 96.72 (+0.53%) Strength meter (today so far) - Aussie +0.15%, Kiwi +0.14%, Loonie +0.01%. Strength meter (since last week) - Aussie -0.99%, Kiwi +0.55%, Loonie -1.30%. AUD/USD - Trading at...

Currency snapshot (major pairs)

Jul 09, 2015 17:13 pm UTC| Insights & Views

Dollar index trading at 96.55 (+0.35%). Strength meter (today so far) - Euro -0.52%, Franc -0.35%, Yen -0.36%, GBP -0.06% Strength meter (since last week) - Euro -0.46%, Franc -0.96%, Yen +1.23%, GBP -1.36% EUR/USD...

Equity snapshot (indices)

Jul 09, 2015 16:37 pm UTC| Insights & Views

Equities are all trading in green today as risk aversion subsided. Performance this week at a glance in chart table - SP 500 - SP once again got support around 2040 area, trying to regain its footing today. SP500...

Commodities snapshot (precious & industrial)

Jul 09, 2015 16:04 pm UTC| Insights & Views

Metals are trading in green today. Performance this week at a glance in chart table - Gold - Gold is up today, getting some bids of risk aversion and bouncing from support area. Chinese stocks bounce back improved the...

Commodities snapshot (energy)

Jul 09, 2015 15:44 pm UTC| Insights & Views

Energy pack is mixed, while oil is up, gas is in red. Weekly performance at a glance in chart table. Oil (WTI) - WTI likely to maintain downside as 8 week range got broken to downside last week. WTI bounced back...

Natural gas trade idea –

Jul 09, 2015 15:21 pm UTC| Insights & Views

Natural gas after prices after failing to clear above $2.85 resistance area, broken key support around $2.7/mmbtu. Natural gas is currently trading at $2.67/mmbtu. Today US Energy Information Administration (EIA)...

Greece presents Russian Gas deal worth € 2 billion

Jul 09, 2015 14:34 pm UTC| Insights & Views

Greek crisis seems to have no end to surprises. While Greece is trying to negotiate a third bailout deal with its creditors which is estimated to be sealed off by Sunday, Greek Energy Minister Panayiotis Lafazanis has...

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Economy

Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms

U.S. President Donald Trump announced on Friday that the United States will impose a 100% tariff on imports from any country that enforces digital services taxes (DSTs) on American technology companies, significantly...

US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated

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Politics

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Texas Approves Bible-Inclusive Reading Lists for Public Schools Starting in 2030

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US Strikes Iran After Strait of Hormuz Attack as Ceasefire Tensions Escalate

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NATO Strengthens Arctic Defense as Russia Expands Military Presence

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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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

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Technology

Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike

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SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service

SpaceX and Charter Communications are reportedly in executive-level discussions about forming a strategic partnership that could accelerate the expansion of consumer mobile services across the United States. According to a...

OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow

SoftBank Group (TYO:9984) shares tumbled sharply on Friday after a report suggested that OpenAI is considering postponing its highly anticipated initial public offering (IPO), delaying what many investors had expected to...

Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes

Apples major Asian suppliers came under heavy selling pressure on Friday after the iPhone maker announced significant price increases for its MacBook and iPad lineup, fueling concerns that rising semiconductor costs are...

Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion

South Korean technology giants Samsung Electronics and SK Hynix are preparing to unveil sweeping long-term investment strategies centered on semiconductors, artificial intelligence (AI), and next-generation technologies,...
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