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Wed, May 06, 2026 06:07 AM All times are UTC

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Oil markets to remain oversupplied through H1 2017 - warns IEA

Sep 13, 2016 13:38 pm UTC| Commentary

In its September report published on Tuesday, the International Energy Agency (EIA) said that global oil demand growth is slowing at a faster pace than initially predicted. The IEA had previously expected the market to...

Commodities snapshot (precious & industrial)

Sep 13, 2016 13:28 pm UTC| Commentary

Metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is down as risk aversion fades. Todays range $1322-1332 We expect gold to reach $1520 Gold is currently trading at...

Commodities snapshot (energy)

Sep 13, 2016 13:13 pm UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is down today as OPEC and IEA report warns on supply. Todays range $46.2-45 WTI is currently trading at...

Currency snapshot (commodity pairs)

Sep 13, 2016 13:07 pm UTC| Commentary

Dollar index trading at 95.35 (+0.24%) Strength meter (today so far) Aussie -0.74%, Kiwi -0.71%, Loonie -0.93% Strength meter (since last week) Aussie -0.20%, Kiwi -0.19%, Loonie -0.88% AUD/USD Trading at...

EUR/NOK likely to decline steadily to 8.90 by mid-2017

Sep 13, 2016 13:05 pm UTC| Commentary

The recent rebound in crude oil prices has underpinned a stable increase in the Norwegian krone after hitting a low in July end, pushing down the EUR/NOK to 9.25 from around 9.50. Furthermore, the flow of economic data has...

Brazilian economic activity likely remained flat on sequential basis in July

Sep 13, 2016 13:03 pm UTC| Commentary

Brazils second quarter economic data indicates that the economic activity continues to shrink at a rapid pace in annual terms, albeit it recorded its most solid sequential growth in June since the end of 2014. The growth...

Currency snapshot (major pairs)

Sep 13, 2016 13:00 pm UTC| Commentary

Dollar index trading at 95.25 (+0.00%) Strength meter (today so far) Euro +0.02%, Franc -0.01%, Yen -0.51%, GBP -0.77% Strength meter (since last week) Euro +0.04%, Franc +0.37%, Yen +0.21%, GBP -0.25% EUR/USD...

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Economy

Fitch Upgrades Argentina to B- as Milei Reforms Strengthen Economy

Fitch Ratings has upgraded Argentinas Long-Term Foreign Currency and Local Currency Issuer Default Rating to B- from CCC+ with a Stable outlook, signaling growing confidence in the countrys economic recovery under...

Asian Currencies Rise as Middle East Tensions Ease, South Korean Won Surges After Inflation Data

Asian currencies mostly strengthened on Wednesday as easing geopolitical tensions in the Middle East boosted investor confidence and weakened the U.S. dollar. Market sentiment improved after U.S. President Donald Trump...

Asian Stocks Rally as Iran War Fears Ease and AI Boom Lifts South Korea

Asian stock markets climbed on Wednesday as investor sentiment improved amid hopes of easing tensions between the United States and Iran. A strong rally in technology shares, fueled by continued enthusiasm around...

Gold Prices Rise as Weak Dollar and Lower Oil Prices Boost Safe-Haven Demand

Gold prices climbed during Asian trading on Wednesday as a softer U.S. dollar and declining oil prices supported investor demand for the precious metal. Market sentiment improved after signs of easing tensions in the...

Wall Street Futures Climb as Trump Signals Iran Deal Progress

U.S. stock index futures moved higher Tuesday night after President Donald Trump announced a temporary pause in Operation Freedom, a military initiative aimed at reopening the Strait of Hormuz. Investors reacted positively...

Politics

US Military Strike in Eastern Pacific Sparks Debate Over ‘Narco-Terrorist’ Operations

The U.S. military confirmed on Tuesday that it carried out another deadly strike in the Eastern Pacific, targeting a vessel allegedly linked to drug trafficking operations. According to U.S. Southern Command, the operation...

Guatemala President Bernardo Arevalo Appoints Gabriel Garcia Luna as New Attorney General

Guatemalan President Bernardo Arevalo has appointed former judge and university professor Gabriel Estuardo Garcia Luna as the countrys new attorney general, marking a significant political shift in Guatemalas justice...

Rubio Signals Possible U.S. Action on Cuba, Calls Current Situation “Unacceptable”

U.S. Secretary of State Marco Rubio said Tuesday that the current situation in Cuba is unacceptable, signaling that the United States intends to address ongoing concerns involving the island nation in the future. Speaking...

Lula and Trump to Discuss Brazil-U.S. Anti-Crime Partnership During Washington Meeting

Brazilian President Luiz Inacio Lula da Silva is expected to prioritize security cooperation and organized crime prevention during his upcoming meeting with U.S. President Donald Trump in Washington this week. According to...

Trump Pauses Strait of Hormuz Shipping Operation as Iran Deal Nears

U.S. President Donald Trump announced Tuesday that the United States will temporarily pause Project Freedom, the military operation aimed at restoring commercial shipping through the Strait of Hormuz, as Washington moves...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

BHP Attracts AI-Focused Investors as Copper Demand Surges

BHP Group is drawing growing attention from international investors as the global artificial intelligence boom increases the value of copper, according to Chief Financial Officer Vandita Pant. Speaking at the Macquarie...

AMD Q1 Earnings Surge on AI Demand, Stock Jumps After Strong Guidance

AMD delivered stronger-than-expected first-quarter 2026 earnings, fueled by booming demand for artificial intelligence infrastructure and data center chips. The semiconductor giant reported adjusted earnings of $1.37 per...

Agentic AI Boom to Drive Massive Growth in CPU Market, UBS Says

The rapid rise of agentic AI is reshaping the future of data center infrastructure, creating major growth opportunities for CPU manufacturers such as Arm Holdings, AMD, and Intel. According to UBS analyst Timothy Arcuri,...

Supermicro Forecasts Strong Q4 Revenue Growth as AI Server Demand Surges

Super Micro Computer (NASDAQ: SMCI) projected fourth-quarter fiscal 2026 revenue above Wall Street expectations, driven by continued growth in artificial intelligence infrastructure and strong demand for data center...

Samsung Surpasses $1 Trillion Market Cap Amid AI Chip Boom and Apple Partnership Talks

Samsung Electronics has officially crossed the $1 trillion market valuation milestone for the first time, fueled by soaring demand for AI memory chips and growing speculation about potential partnerships with Apple and...