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Wed, Aug 19, 2026 10:39 PM All times are UTC

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UK Q3 GDP beats estimates, rises 0.5 percent on strong services sector

Oct 27, 2016 14:34 pm UTC| Commentary

Data released by the Office for National Statistics on Thursday showed that UK Q3 GDP grew by 0.5 percent, beating forecasts for 0.3 percent growth. Growth was however, slower than the 0.7 percent recorded in the second...

Commodities snapshot (energy)

Oct 27, 2016 14:29 pm UTC| Commentary

Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is up today, still down for the week. Todays range $49-49.8 Buy WTI targeting $53.5 area. Target extended to...

Eurozone M3 money supply growth misses expectations, slows slightly in September

Oct 27, 2016 14:07 pm UTC| Commentary

Eurozone money supply growth continued to grow at a steady rate in September, data from the European Central Bank showed Thursday. Data showed that European Central Banks M3 money supply indicator grew 5.0 percent on the...

Commodities snapshot (precious & industrial)

Oct 27, 2016 14:04 pm UTC| Commentary

Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is marginally higher today. Todays range $1262-1272 We expect gold to reach $1520 Gold is currently trading at $1270/troy...

Currency snapshot (commodity pairs)

Oct 27, 2016 13:52 pm UTC| Commentary

Dollar index trading at 98.65 (+0.03%) Strength meter (today so far) Aussie -0.45%, Kiwi -0.36%, Loonie -0.03% Strength meter (since last week) Aussie +0.05%, Kiwi -0.46%, Loonie -0.38% AUD/USD Trading at...

Currency snapshot (major pairs)

Oct 27, 2016 13:36 pm UTC| Commentary

Dollar index trading at 98.65 (+0.03%) Strength meter (today so far) Euro +0.12%, Franc +0.06%, Yen -0.31%, GBP -0.12% Strength meter (since last week) Euro +0.46%, Franc +0.03%, Yen -1.13%, GBP +0.02% EUR/USD...

Norges Bank keeps rates on hold as widely expected, says NOK strength not a concern

Oct 27, 2016 13:35 pm UTC| Commentary

Norges Banks Executive Board has decided to keep the key policy rate unchanged at 0.50 percent as widely expected. The central bank has made no changes to its rate path. At its September meeting, Norges Bank held rates and...

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Economy

Trump Eyes 15% Tariff on Canadian Auto Imports in New Trade Deal

The Trump administration is reportedly considering cutting tariffs on Canadian automobile imports to 15% from 25% as part of a broader U.S.-Canada trade agreement. In exchange, Canada would remove retaliatory trade...

US Treasury Doubles Long-Term Bond Buybacks as Yields Surge

The U.S. Treasury has doubled planned buybacks of long-duration government bonds in an effort to improve market liquidity after a sharp Treasury selloff pushed borrowing costs to multi-year highs. Under the revised...

Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist

Federal Reserve officials indicated that additional interest rate hikes could be necessary if inflation fails to ease, according to minutes from the central banks July Federal Open Market Committee (FOMC) meeting. The Fed...

US Dollar Hits Three-Month Low as Treasury Yields Fall

The U.S. dollar dropped to its weakest level in more than three months on Wednesday as falling Treasury yields pressured the greenback, while investors assessed the Federal Reserves latest signals on inflation and interest...

Gold Tops $4,500 as Dollar Slides After Treasury Bond Move

Gold prices surged on Wednesday, breaking above $4,500 an ounce for the first time since early June as falling U.S. Treasury yields pressured the dollar and boosted demand for the precious metal. Spot gold climbed 4% to...

Politics

Prince Harry and Meghan Markle Reportedly Plan UK Move With Children

Prince Harry and Meghan Markle are reportedly preparing to relocate to Britain with their two children this month, marking a significant return to the UK six years after the couple stepped back from their roles as senior...

Ukraine Names Yevhenii Khmara Defence Minister Amid Election Row

Ukrainian lawmakers appointed Yevhenii Khmara as the countrys new defence minister on Wednesday, deepening a major political shake-up as President Volodymyr Zelenskiy faces pressure over wartime elections and a fresh...

Trump Administration Allocates $206 Million for Gaza Peacekeeping Force

President Donald Trumps administration is allocating more than $206 million to support a proposed Gaza peacekeeping force, marking the first major U.S. financial commitment to its stalled Gaza reconstruction and security...

Israel, Syria Discuss Turkey’s Military Presence Before Airstrike

Israels Mossad chief Roman Gofman held a rare phone call with Syrian Foreign Minister Asaad al-Shaibani on August 14, with Turkeys growing military presence in Syria dominating the discussion, according to three people...

UN Chief Raises Concern Over US Sanctions on ICC Officials

United Nations Secretary-General Antonio Guterres has expressed serious concern over the United States decision to impose sanctions on International Criminal Court President Tomoko Akane and senior trial lawyer Abdoulaye...

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 Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead

OpenAI reported an 18% increase in second-quarter revenue, but widening losses and rapid growth at rival Anthropic are adding pressure on the ChatGPT maker, according to The Wall Street Journal. OpenAI told investors that...

Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut

Unitree Robotics shares skyrocketed in their Shanghai stock market debut on Wednesday, highlighting surging investor interest in Chinas robotics and artificial intelligence sectors. The Chinese humanoid robot maker saw its...

Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks

Goldman Sachs has identified nine Japanese semiconductor and electronic components stocks it believes are well positioned for growth, particularly as artificial intelligence and data center demand accelerates. The bank...

Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth

Baidu shares plunged to a near one-year low on Wednesday after the Chinese technology giant reported weaker-than-expected second-quarter results, as declining advertising revenue overshadowed strong growth across its...

OpenAI Tightens AI Safety Monitoring After Security Incidents

OpenAI is strengthening oversight of its most advanced artificial intelligence models as the company works to prevent unexpected or potentially dangerous behavior from increasingly autonomous AI systems. The ChatGPT...