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Tue, May 05, 2026 04:28 AM All times are UTC

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Currency snapshot (major pairs)

Aug 01, 2016 12:14 pm UTC| Commentary

Dollar index trading at 95.73 (+0.11%) Strength meter (today so far) Euro -0.09%, Franc -0.05%, Yen -0.39%, GBP -0.22% Strength meter (since last week) Euro -0.09%, Franc -0.05%, Yen -0.39%, GBP -0.22% EUR/USD...

SWF safety net disappears amid commodities rout

Aug 01, 2016 11:52 am UTC| Commentary

According to a report from Bocconi University in Milan, the flow of funds from Sovereign wealth funds (SWFs) that formed a safety net during the last financial crisis of 2008/09 in the form of direct investment has...

Australia’s private inflation gauge declines in July; likely to warrant rate cut by RBA

Aug 01, 2016 10:53 am UTC| Commentary

A private measure of Australian inflation index declined during the month of July, warranting a likely rate cut by the Reserve Bank of Australia in its monetary policy meeting scheduled to be held on August 2. The central...

UK gilts plunge despite weak manufacturing PMI; likely to gain on BoE easing hopes

Aug 01, 2016 10:49 am UTC| Commentary

The UK gilts plunged on Monday as investors did not react to the weak manufacturing PMI data. The 10-year gilt yield followed Treasuries and hit a new record low below 0.68 percent on Friday. We foresee that gilts shall...

$76 billion rushes out of European equity funds YTD

Aug 01, 2016 10:35 am UTC| Commentary

According to data compiled by EPFR, a global fund flow tracker, $76 billion has left European Equity funds so far this year. Last to last week, saw the biggest outflow ever recorded of $6.2 billion. Last week the outflow...

German bunds flat in subdued trade, likely to gain on weak crude

Aug 01, 2016 09:52 am UTC| Commentary

The German bunds traded nearly flat on Monday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance. The yield on the benchmark 10-year bond hovered around -0.11...

India manufacturing activity at 4-month high in July on strong overseas demand

Aug 01, 2016 09:51 am UTC| Commentary

Indias manufacturing activity grew at the fastest pace in the four months ended July, following strong overseas demand, as export orders jumped; however, prices remained muted. This provided impetus to the Reserve Bank of...

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Economy

Trump Plans 25% Tariff on EU Car Imports Amid Rising U.S.-EU Trade Tensions

The United States is preparing to increase tariffs on European Union car imports to 25%, a move that could significantly impact global trade and the automotive industry. U.S. Trade Representative Jamieson Greer confirmed...

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...

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,...

Russian Missile Strike on Merefa Kills 7, Injures Dozens in Kharkiv Region

A devastating Russian missile attack struck the town of Merefa in Ukraines northeastern Kharkiv region on Monday morning, leaving at least seven people dead and more than 30 injured, according to Ukrainian officials. Among...

Strait of Hormuz Crisis Deepens Amid U.S.-Iran Military Escalation

Tensions in the Strait of Hormuz have escalated sharply as the United States and Iran exchange new attacks, raising concerns over global energy security and maritime trade. The vital shipping corridor, responsible for a...

U.S. Military Counters Iranian Threats in Strait of Hormuz Amid Escalating Tensions

The United States military announced it successfully destroyed six Iranian small boats and intercepted multiple cruise missiles and drones in the Strait of Hormuz, highlighting rising tensions in one of the worlds most...

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

Apple Explores Intel and Samsung Partnerships to Diversify Chip Supply Chain

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Intel Corp. (NASDAQ: INTC) and Samsung Electronics (KS: 005930) as part of a strategic effort to expand its chip manufacturing partnerships. According...

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...