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Commodities snapshot (energy)

Aug 04, 2016 13:25 pm UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI gained back some grounds but remains under selling pressure. Active call WTI is likely to drop towards $35...

Bank of England lowers interest rate to 0.25 pct and expands QE

Aug 04, 2016 13:23 pm UTC| Commentary Central Banks

The Bank of England has lowered the interest rate to record low on Thursday, the first rate cut since 2009. The Monetary Policy Committee members unanimously decided to cut the Bank Rate to 0.25 percent from 0.50 percent....

Canadian bonds gain on weak crude oil prices; employment report in focus

Aug 04, 2016 13:09 pm UTC| Commentary

The Canadian government bonds gained Thursday, following weak crude oil prices. Also, investors now await the employment report data, which is scheduled to release on Friday at 18:00 GMT. The yield on the benchmark...

Currency snapshot (commodity pairs)

Aug 04, 2016 13:01 pm UTC| Commentary

Dollar index trading at 95.7 (+0.18%) Strength meter (today so far) Aussie +0.36%, Kiwi +0.42%, Loonie +0.05% Strength meter (since last week) Aussie +0.44%, Kiwi -0.10%, Loonie -0.42% AUD/USD Trading at...

Currency snapshot (major pairs)

Aug 04, 2016 12:50 pm UTC| Commentary

Dollar index trading at 95.74 (+0.22%) Strength meter (today so far) Euro -0.12%, Franc -0.00%, Yen +0.21%, GBP -1.12% Strength meter (since last week) Euro -0.30%, Franc -0.52%, Yen +0.81%, GBP -0.38% EUR/USD...

US Treasuries rebound on BOE’s aggressive policy easing; employment report eyed

Aug 04, 2016 12:49 pm UTC| Commentary

The US Treasuries rebounded Thursday after the Bank of England lowered its bank rate to 0.25 percent with additional quantitative easing. However, investors clear focus remains on the July employment report on...

Fiscal expenditure in Thailand jumps to 3-year high on staunch govt policy

Aug 04, 2016 12:32 pm UTC| Commentary

Fiscal expenditure in Thailand surged highest in almost three years, following an aggressive government policy that was adopted to support the gloomy economy. Evidently, the government has been running some twopercent in...

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Economy

Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress

Irans Foreign Minister Seyed Araghchi has cautioned that escalating military actions will not resolve the ongoing Hormuz crisis, emphasizing instead the importance of diplomatic negotiations. In a recent statement,...

Asian Markets Slip Amid Strait of Hormuz Tensions and RBA Rate Hike Expectations

Asian stock markets declined on Tuesday as investor sentiment weakened בעקבות escalating geopolitical tensions in the Strait of Hormuz and anticipation of further monetary tightening in Australia. Regional trading activity...

Oil Prices Ease in Asian Trade as Gulf Tensions and Hormuz Shipping Risks Weigh on Markets

Oil prices slipped during Asian trading on Tuesday following a strong rally in the previous session, as investors balanced rising geopolitical tensions in the Gulf with U.S. efforts to stabilize critical shipping routes....

Yen Volatility and Middle East Tensions Drive Dollar Strength in FX Markets

The Japanese yen remained a focal point in global foreign exchange markets on Monday, as it trimmed earlier gains against the U.S. dollar following a sharp rally driven by speculation of government intervention. The...

Gold Prices Edge Higher Amid Middle East Tensions and Oil Market Volatility

Gold prices rebounded slightly in Asian trading on Tuesday after hitting a one-month low, as investors reacted to escalating geopolitical tensions in the Middle East and renewed efforts by U.S. President Donald Trump to...

Politics

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....

Rudy Giuliani Hospitalized in Critical but Stable Condition After Pneumonia

Former New York City Mayor Rudy Giuliani is recovering in a Florida hospital after being diagnosed with pneumonia, according to his spokesperson. The 81-year-old political figure remains in critical but stable condition,...

Bolsonaro Discharged After Shoulder Surgery Amid Ongoing Legal Troubles

Former Brazilian President Jair Bolsonaro has been discharged from a hospital in Brasília after undergoing shoulder surgery, marking another development in his ongoing health and legal situation. The procedure,...

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

Palantir Reports Record Growth, Raises 2026 Revenue Outlook Above Expectations

Palantir Technologies delivered its strongest sales growth since going public, reporting impressive first-quarter 2026 results that exceeded Wall Street expectations and boosted investor confidence. The company announced...

Anthropic Secures $1.5B AI Venture Backed by Wall Street Giants, Shaking Software Sector

Anthropic has reportedly secured $1.5 billion in funding for a new artificial intelligence joint venture backed by major Wall Street firms, signaling a significant shift in the AI and enterprise software landscape....

Meta Plans $13B AI Data Center Financing in Texas Amid Surging Big Tech Investment

Meta Platforms is reportedly partnering with Morgan Stanley and JPMorgan Chase to secure a massive $13 billion financing package for its planned data center in El Paso, Texas. According to sources cited by Reuters, the...

Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market

Anthropic is reportedly nearing completion of a major $1.5 billion joint venture with leading financial institutions, including Blackstone and Goldman Sachs, aimed at expanding the use of artificial intelligence tools...

Samsung Appoints New TV Business Head Amid Rising Competition from Chinese Rivals

Samsung Electronics, the worlds leading TV manufacturer, has made a significant leadership change in its television division for the first time in over two years. The company announced that Lee Won-jin, formerly head of...