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FxWirePro: Gold likely to test support at $1200

Jun 22, 2016 12:01 pm UTC| Commentary

After touching a new 2016 high in the last week, on the back of the fear that was rising from an increased likelihood of an exit of Britain from the European Union, fold faced large selloffs on the very same day. Reaching...

France’s June INSEE business sentiment to stay at 102; euro area flash PMIs likely to have dropped slightly

Jun 22, 2016 11:43 am UTC| Commentary Economy

Recently, Frances INSEE business climate indicators have been resilient and have tinted a significantly stronger picture of the French economy than the PMI counterparts. In June, Frances manufacturing confidence might have...

Philippines CB likely to stay on hold on concerns of global volatility

Jun 22, 2016 11:35 am UTC| Commentary Central Banks

The Bangko Sentral ng Pilipinas (BSP) is expected to keep the policy rate unchanged at the monetary policy meeting this Thursday given the ongoing global market volatility and shaky risk appetite. The central bank of...

Briferendum Series

Briferendum Series: Betting market odds shift to 76 pct for ‘Remain’

Jun 22, 2016 11:25 am UTC| Commentary

As per the latest from the betting-market Betfair, odds for Remain has jumped back this week to 76 percent in favor of the Remain camp. Last week that same odds dropped to lowest ever to 59 percent, while the exit...

South Korean June exports likely to continue fall amid sluggish global demand

Jun 22, 2016 11:06 am UTC| Economy Commentary

The preliminary customs release has dashed any hopes of a quick recovery in external trade with exports set to fall for an eighteenth straight month in June. The customs data showed that exports fell by 12.8 percent y/y in...

German industries remain optimistic despite Brexit worries

Jun 22, 2016 10:57 am UTC| Economy Commentary

German industrial companies remained optimistic over their business, defying worries of a Brexit on Thursday. Nearly two-thirds of German industrial companies say a British exit from the European Union wont hurt their...

Brazil’s economy possibly at turning point; BCB likely to lower key rate by end-August

Jun 22, 2016 10:48 am UTC| Commentary Economy

There are tentative signs that Brazils economy might have reached a turning point. The economy, in the first quarter contracted 0.3 percent quarter-on-quarter as compared with projections of 0.8 percent contraction and Q4s...

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Economy

UAE Exits OAPEC Amid Shift Toward Independent Oil Strategy and Market Uncertainty

The United Arab Emirates (UAE) has officially exited the Organization of Arab Petroleum Exporting Countries (OAPEC), marking a major shift in its approach to global energy policy. The move was confirmed in a statement...

Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts

Chicago Federal Reserve President Austan Goolsbee has cautioned that recent inflation data presents a challenge for the U.S. central bank, reinforcing a cautious stance on potential interest rate cuts. Speaking in a recent...

Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal for renewed talks, signaling continued deadlock in efforts to resolve the ongoing U.S.-Iran conflict. Despite a ceasefire reached on...

EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports

The European Commission signaled it is prepared to defend its economic interests after the United States threatened to impose new tariffs on European vehicles, raising concerns over a potential escalation in transatlantic...

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Politics

Japan Signals Potential Shift on Arms Exports, Opening Door to Ukraine Support

Japans recent decision to relax its long-standing weapons export restrictions has created a potential pathway for future defense cooperation with Ukraine, according to Kyivs ambassador to Tokyo. While no immediate arms...

Poland Sees No Delays in U.S. Patriot Missile Defense Deliveries Despite Stockpile Concerns

Poland has not received any signals suggesting delays in the delivery of U.S.-made Patriot air defense systems, according to Defence Minister Wladyslaw Kosiniak-Kamysz. His statement comes amid growing concerns across...

Trump Announces “Project Freedom” to Aid Stranded Ships in Strait of Hormuz

U.S. President Donald Trump has unveiled a new humanitarian initiative called Project Freedom, designed to assist neutral commercial vessels stranded in the Strait of Hormuz due to escalating Middle East tensions. The...

Merz Downplays Rift With Trump as U.S. Plans Troop Reduction in Germany

German Chancellor Friedrich Merz has acknowledged policy differences with former U.S. President Donald Trump but emphasized the importance of maintaining strong NATO ties and transatlantic cooperation. Speaking in a...

Taiwan President Lai Defends Global Engagement During Eswatini Visit Amid China Criticism

Taiwan President Lai Ching-te reaffirmed the islands right to engage internationally during a surprise diplomatic visit to Eswatini, pushing back against mounting pressure from China. Speaking to King Mswati III, Lai...

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

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...