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Wed, May 06, 2026 02:49 AM All times are UTC

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Mexican consumer sentiment likely to have remained low in August

Sep 06, 2016 05:46 am UTC| Commentary

Mexicos consumer sentiment is struggling in spite of declining jobless rate. The seasonally adjusted variant of the consumer sentiment index had sharply fallen in July to the lowest levels since early 2014. Meanwhile, the...

Global service sector activity growth continues to rise in August

Sep 06, 2016 05:33 am UTC| Commentary Economy

The pace of growth in global service sector business activity continued to rise in August. The J.P.Morgan Global Services Business Activity Index was up to a four-month high of 51.5, a tad higher than Julys 51.4. The trend...

Australia consumer confidence falls for second straight week on uncertain economic outlook

Sep 06, 2016 05:31 am UTC| Commentary

Consumer confidence in Australia fell for the second straight week, following uncertain economic outlook, for the week ended Sep 4. The ANZ-Roy Morgan Australian Consumer Confidence declined 3.5 percent, more than...

Australia Q2 GDP to rise modestly; net exports likely to drive volatility in growth

Sep 06, 2016 05:02 am UTC| Commentary

Economic growth in Australia is expected to have risen modestly during the second quarter, with a risk of a slightly stronger number. However, the volatility in GDP growth looks to have been driven once again by net...

Australia’s current account deficit widens less than expectations in Q2

Sep 06, 2016 04:51 am UTC| Commentary

Australias current account deficit widened somewhat in the second quarter from the first quarter, but it came in smaller than markets projection. The current account deficit came in at AUD 15.5 billion in the June quarter,...

New Zealand bonds slump amid rising home prices; dairy auction in focus

Sep 06, 2016 04:39 am UTC| Commentary

The New Zealand government bonds slumped Tuesday after data showed that the countrys housing prices rose at the fastest pace in ten months. Also, investors await the GlobalDairyTrade (GDT) Price Index figure, which is...

FxWirePro: The Day Ahead- 6th September, 2016

Sep 06, 2016 04:30 am UTC| Commentary Economy

Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Current account balance for second quarter came at $15.5...

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Economy

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...

Oil Prices Slide as Middle East Tensions Ease and U.S. Crude Inventories Shrink

Oil prices continued to decline during Asian trading on Wednesday as improving geopolitical sentiment in the Middle East reduced fears of supply disruptions, while traders also evaluated fresh data showing a sharp drop in...

China Services PMI Rises in April Despite Weak Export Demand

Chinas services sector expanded at a faster pace in April, supported by stronger domestic demand and rising new business activity, according to a private survey released Wednesday. The latest data highlights the mixed...

Copper Prices Hold Near Three-Week Low Amid Strong Dollar and Global Slowdown Fears

London copper prices stabilized on Tuesday after earlier slipping to a three-week low, as market sentiment remained pressured by a strengthening U.S. dollar and growing concerns over a potential global economic slowdown....

RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions

The Reserve Bank of Australia (RBA) increased its benchmark interest rate by 25 basis points to 4.35% on Tuesday, a move widely anticipated by markets. The decision reflects growing concerns over inflation, particularly as...

Politics

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...

NATO Tensions Rise as Trump Reduces U.S. Troops in Germany

European leaders are intensifying diplomatic efforts to keep the United States committed to NATO as tensions escalate following President Donald Trumps controversial decision to withdraw 5,000 U.S. troops from Germany....

Dominican Republic Halts GoldQuest Mining Project Amid Environmental Protests

The Dominican Republic has ordered the suspension of all activities tied to GoldQuest Minings proposed gold and copper development, following large-scale protests driven by environmental concerns. President Luis Abinader...

South Korea Probes Explosion on HMM Vessel in Strait of Hormuz Amid Rising Tensions

South Korea announced an investigation into the cause of an explosion and fire aboard a South Korean-operated cargo ship in the Strait of Hormuz, a critical global shipping route. The incident, which occurred on Monday,...

Armed Suspect Shot Near White House After Firing at Secret Service Officers

A tense security incident unfolded near the White House on Monday when U.S. Secret Service officers confronted an armed and suspicious individual, leading to an exchange of gunfire and a brief lockdown of the area....

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

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...

Intel Emerges as Key Contender in Apple’s Chip Manufacturing Strategy Shift

Apple Inc. (NASDAQ: AAPL) is reportedly exploring new partnerships with Intel Corp. (NASDAQ: INTC) and Samsung Electronics (KS: 005930) to manufacture its main processors, signaling a potential shift in its long-standing...