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Sun, May 03, 2026 11:52 AM All times are UTC

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API reports surplus, while WTI awaits EIA report – calls updated

Jun 02, 2016 12:17 pm UTC| Commentary

As of now, WTI is up more than 80% from its February low and still continuing. It is currently trading at $49 barrel, looking to challenge $50 psychological resistance. Focus is on OPEC meeting tomorrow. Key factors at...

CAD to remain low against USD in short-term; likely to appreciate significantly in 2017

Jun 02, 2016 11:56 am UTC| Commentary

The Canadian dollar has slightly recovered from its multiyear lows at the start of 2016 due to rebound in the oil price and as the US Fed has still refrained from raising interest rates. However, the Canadian dollar...

Downside risks to EUR/CHF remain; ECB continues to be major risk for SNB

Jun 02, 2016 11:44 am UTC| Commentary

The Swiss National Bank had reduced the deposit rate to -0.75%. The central bank, against the backdrop of weak growth in price, hopes that the CHF will weaken overtime. Even if introducing negative rates has not resulted...

ADP employment report preview

Jun 02, 2016 11:31 am UTC| Commentary

ADP employment data to be released at 12:15 GMT is todays most vital dockets from US to be watched by market participants. This report is one of the key data, investors will focus on while pricing rate hike from...

ECB policy meeting preview

Jun 02, 2016 11:14 am UTC| Commentary

Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by press conference at 12:30 GMT. Meeting is to be held in Vienna. Current policy...

Canadian economy to weaken in Q2; likely to grow strongly in entire 2016

Jun 02, 2016 11:08 am UTC| Commentary

Canadas economy grew at a respectable rate of 0.6% on a sequential basis in the first quarter of 2016, just a little lower than the central banks projections of a growth of 0.7%. But the recent wild fires in Alberta region...

Three decade old trend line threatens Dollar’s advance

Jun 02, 2016 10:15 am UTC| Commentary

The bulls planning to push Dollar higher in the wake of higher possibility that U.S. Federal Reserve will hike rates once more this summer and once again by the end of the year, should take a look at the Dollar chart over...

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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...