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

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Commodities snapshot (energy)

Sep 05, 2016 12:08 pm UTC| Commentary

Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI gained as news came out that Russia and Saudi Arabia would issue a joined statement, however, pared gains as they...

Currency snapshot (major pairs)

Sep 05, 2016 11:59 am UTC| Commentary

Dollar index trading at 95.67 (-0.2%) Strength meter (today so far) Euro +0.11%, Franc +0.06%, Yen +0.51%, GBP +0.26% Strength meter (since last week) Euro +0.11%, Franc +0.06%, Yen +0.51%, GBP +0.26% EUR/USD...

Latest Commitment of Traders positions (Equities and Bonds) as at August 30th, 2016

Sep 05, 2016 11:55 am UTC| Commentary

CFTC commitment of traders report was released on Friday (2nd September) and cover positions up to Tuesday (30th August). COT report is not a complete presenter of entire market positions, however, it represents a good...

German factory orders seem to have rebounded in July

Sep 05, 2016 11:43 am UTC| Commentary

Germanys factory orders are likely to have grown in July after posting a weaker than anticipated figure in the previous month. According to a Societe Generale research report, factory orders are expected to have increased...

Indian economy to expand above 7 pct this year

Sep 05, 2016 11:28 am UTC| Commentary

The Indian economy has expanded 7.5 percent year-on-year in the first quarter of this year from 7.2 percent in the fourth quarter of 2015. The economic growth is mainly driven by the domestic sector, dominated by private...

Sweden’s industrial production rebounds in July, fastest in near six months

Sep 05, 2016 11:11 am UTC| Commentary

Industrial production in Sweden rebounded during the month of July, at the fastest pace in near six months, statistical figures released showed Monday. Swedish industrial production grew for the first time in three...

Euro zone retail sales post largest monthly rise in 2016, more than market estimates

Sep 05, 2016 11:06 am UTC| Commentary

Retail sales in the euro zone posted the largest monthly rise of this year, higher than market consensus in the aftermath of the June British vote to leave the European Union. Euro zone retail sales, a proxy for...

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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...