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Wed, Jun 10, 2026 11:42 PM All times are UTC

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U.K. manufacturing sector’s output contracts further in December, PMI index falls to 47.5

Jan 02, 2020 12:21 pm UTC| Commentary

The manufacturing sector in U.K. saw the downturn worsening at the end of 2019, as output shrank at the most rapid pace since July 2012. The headline seasonally adjusted IHS Markit/CIPS Purchasing Managers Index dropped to...

Gold appears to shrug-off gravestone doji, major trend on verge of retracing 61.8% Fibos & hitting multi-years highs

Jan 02, 2020 11:57 am UTC| Commentary Technicals Insights & Views

The precious yellow metal price has been surging constantly from the last two-three weeks or so. While Gold futures contracts gained upside traction at the end of 2019 amid the U.S. dollar taking back foot leads the demand...

German bunds flat after returning from year-end holidays; December manufacturing PMI rises

Jan 02, 2020 11:18 am UTC| Commentary Economy

The German bunds remained flat during early European session Wednesday after returning from a long year-end holiday, following Christmas and New Year, while the countrys manufacturing PMI for the month of December, edged...

Jump in India’s December manufacturing PMI reduces chance of further rate cuts, says Capital Economics

Jan 02, 2020 10:36 am UTC| Commentary Economy

The jump in Indias manufacturing PMI in December suggests that the manufacturing sector has recovered from its weakness last year and supports the view that the recent economic slowdown has run its course. And given the...

Singapore’s real GDP grows 0.8 pct y/y in Q4; economy likely to continue recovery, says Oxford Economics

Jan 02, 2020 09:50 am UTC| Commentary Economy

Advance estimates show that Singapores economy expanded at a modest pace with the GDP increasing 0.8 percent y/y (0.1 percent q/q saar) in Q4, after narrowly avoiding a technical recession the previous quarter. The service...

PBoC likely to adopt another 50bps rate cut before year-end: ANZ Research

Jan 02, 2020 06:54 am UTC| Commentary Central Banks Economy

The Peoples Bank of China (PBoC) is expected to adopt another 50bp RRR cut before year end; however, the room for rate cut remains limited, according to the latest report from ANZ Research. The Peoples Bank of China...

EUR likely to advance vs USD this year, rise in EUR’s weighting could lead to bigger rise in CNY: Scotiabank

Jan 02, 2020 03:52 am UTC| Commentary Economy

The EUR is expected to advance against the USD this year, while an increase in the EURs weighting could lead to a bigger rise in the CNY to ensure a steady yuan versus the basket, according to the latest research report...

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Economy

US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment

The U.S. dollar posted modest gains on Wednesday as investors weighed mixed signals from inflation data alongside escalating geopolitical tensions in the Middle East. The U.S. Dollar Index (DXY), which measures the...

Gold Prices Drop as Strong Dollar, Rising U.S.-Iran Tensions Weigh on Market Sentiment

Gold prices fell sharply on Wednesday, declining more than 4% as investors reacted to a stronger U.S. dollar, heightened geopolitical tensions in the Middle East, and changing expectations for Federal Reserve interest...

Oil Prices Surge Above $93 as Trump Escalates Iran Pressure and Strait of Hormuz Tensions Deepen

Global oil prices climbed sharply on Wednesday as U.S. President Donald Trump intensified pressure on Iran, raising concerns over prolonged disruptions in the Middle East and tightening global energy supplies. Brent crude...

Wall Street Slides as U.S.-Iran Tensions Escalate; Tech Stocks Extend Losses in 2026

Wall Street ended sharply lower on Wednesday as growing tensions between the United States and Iran overshadowed inflation data that largely met market expectations. Investors moved away from risk assets amid concerns...

New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election

New Zealands economic outlook has become increasingly complicated as rising inflation and elevated unemployment place the Reserve Bank of New Zealand (RBNZ) under growing pressure ahead of the closely contested 2026...

Politics

Randy Villegas Advances to Face David Valadao in Key California Congressional Race

Democratic challenger Randy Villegas, an educator and community advocate, is projected to advance to the November general election following Californias open primary election held on Tuesday. According to U.S. media...

US Voters Prioritize Party Loyalty Over Candidate Controversies, Reuters/Ipsos Poll Finds

A new Reuters/Ipsos poll suggests that most American voters are unlikely to abandon their preferred political partys candidate, even when serious controversies surround them. The findings highlight the growing political...

Trump Nears Decision on Permanent U.S. Intelligence Chief as FISA Renewal Faces Senate Resistance

President Donald Trump is reportedly close to selecting a permanent Director of National Intelligence (DNI), according to U.S. House Speaker Mike Johnson, as lawmakers debate the future of a key U.S. surveillance law set...

Steve Hilton and Xavier Becerra Advance to California Governor Election After Primary Results

Republican political commentator Steve Hilton and Democrat Xavier Becerra have officially advanced to Californias November 3, 2026, gubernatorial election after emerging as the top two candidates in the states June 2 open...

LePage Wins GOP Nomination in Key Maine House Race Ahead of 2026 Election

Former Maine Governor Paul LePage has secured the Republican nomination for Maines 2nd Congressional District, setting the stage for a closely watched showdown in the 2026 U.S. House election. The race is expected to draw...

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

Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027

Oracle Corporation (NYSE: ORCL) delivered stronger-than-expected fiscal fourth-quarter 2026 results, surpassing Wall Street estimates on both earnings and revenue. Despite the positive performance and improved annual...

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...

OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets

OpenAI has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), taking a major step toward a potential initial public offering (IPO). The move positions the...

Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026

Apple has introduced the latest version of its Apple Intelligence platform at the Worldwide Developers Conference (WWDC) 2026, signaling a stronger push into the rapidly evolving artificial intelligence market. The...