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Sun, May 03, 2026 02:33 PM All times are UTC

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France’s retail sales rise marginally in May

Jun 06, 2016 09:45 am UTC| Commentary

Frances seasonally adjusted Retail PMI rose to 50.6 in May from Aprils 48.2. This suggests a slight rise in the pace of growth. According to panellists, the higher sales are because of successful marketing campaigns. In...

German bund yields sink after US records weak payroll

Jun 06, 2016 09:20 am UTC| Commentary

The German bund yields fell below 0.10 percent mark as well as break its April low of 0.07 percent on Monday after reading weaker than expected US employment report on Friday, which dampened prospects for any near-term...

Germany’s construction activity decelerates in May

Jun 06, 2016 09:06 am UTC| Commentary

Construction companies in Germany have reported growth in new orders and output in May. However, the pace of growth in both the cases decelerated. Germanys construction PMI dropped to a six- month low of 52.7 in May from...

Key comments from Brainard, Mester and Rosengren post-NFP

Jun 06, 2016 08:55 am UTC| Commentary Central Banks

Fridays jobs report was a big disappointment for market participants, hence, Dollar was sold off sharply against both developed and developing markets currencies. The Dollar index is currently trading at 94.1, down -4.6%...

RBI unlikely to cut repurchase rate in wake of high inflation

Jun 06, 2016 08:47 am UTC| Commentary

The Reserve Bank of India is expected to keep the re-purchase rate on hold at its monetary policy meeting scheduled on June 7, Tuesday. The Central Bank will maintain a wait-and-watch move to assess the ongoing and...

US service sector activity slows in May; but likely to improve in coming months

Jun 06, 2016 08:31 am UTC| Commentary

Mays ISM non-manufacturing report implies certain slow down in service sector growth in mid-second quarter of 2016. The ISM non-manufacturing index fell in May by 2.8 points to 52.9, following a rise for two straight...

Briferendum Series

Briferendum Series: Pound suffers YouGov blow

Jun 06, 2016 08:14 am UTC| Commentary

Sterlings implied volatility, skyrocketed, and Pound suffered after series of polls indicate that exit camp is gaining momentum. Pound was first hit by Guardian Poll, last week and dropped sharply from 1.473 to as low...

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Economy

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...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Politics

Trump Signals Major U.S. Troop Reduction in Germany Amid NATO Tensions and Trade Disputes

U.S. President Donald Trump announced plans to significantly reduce the American military presence in Germany, going well beyond the previously proposed withdrawal of 5,000 troops. Speaking briefly to reporters before...

Peru Election Results Under Scrutiny as JNE Calls for Comprehensive IT Audit

Perus National Jury of Elections (JNE) has officially requested a comprehensive and exhaustive IT audit of the ongoing general election results, intensifying focus on transparency and electoral integrity in the country....

Trump Signals Possible Renewal of U.S. Strikes on Iran

U.S. President Donald Trump stated on Saturday that the United States could potentially resume military strikes on Iran, highlighting ongoing tensions between the two nations. Speaking to reporters in West Palm Beach,...

Kim Jong Un Highlights Youth Role in North Korea’s Military and Political Agenda

North Korean leader Kim Jong Un recently met with delegates from the ruling partys youth league congress in Pyongyang, reinforcing the governments focus on young people as a driving force behind national development and...

Russian Forces Advance Toward Kostiantynivka as Fighting Intensifies in Eastern Ukraine

Russian troops are steadily advancing toward the strategic city of Kostiantynivka in Ukraines eastern Donetsk region, signaling a renewed push to gain ground near one of Ukraines most heavily fortified defensive zones....

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...