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Euro area’s economic sentiment index rises in June

Jun 29, 2020 18:41 pm UTC| Commentary

Euro areas June economic sentiment survey results showed a comparatively widespread rebound in activity after the deep retrenchment of recent months, noted Daiwa Capital Market Research in a report. All of the headline...

U.S. pending home sales surge above expectations in May, existing sales to rebound in months ahead

Jun 29, 2020 16:53 pm UTC| Commentary

U.S. pending home sales surged in the month of May on a sequential basis, but fell year-on-year. On a month-on-month basis, sales rose 44.3 percent, whereas it dropped 5.1 percent year-on-year. The sharp rise in sales...

Polish headline inflation likely slowed down further in June, PMI index to have rebounded slightly

Jun 29, 2020 16:20 pm UTC| Commentary

Polish flash inflation data for the month of June is set to release tomorrow. According to an Erste Group Research report, the flash inflation is expected to point towards further easing of inflationary pressure. We...

Turkish economic confidence index rises strongly in June

Jun 29, 2020 14:44 pm UTC| Commentary

Turkish economic confidence rises in the month of June. According to the Turkish Statistical Institute, the economic confidence index rose 19.1 percent to 73.5 in June to 61.7 in May. This rise in economic sentiment index...

German inflation surprisingly accelerates in June on recovery in oil prices, likely to slowdown in H2 2020

Jun 29, 2020 12:59 pm UTC| Commentary

The German inflation rate surprisingly accelerated to 0.9 percent in June from Mays 0.6 percent, as compared with expectations of 0.6 percent. After the rebound of oil prices since April end, energy prices dropped markedly...

Swedish retail sales rise above expectations in May

Jun 26, 2020 13:57 pm UTC| Commentary

Swedish retail sales rose in the month of May and came above expectations. Nevertheless, it does not signify that total consumption is out of the woods. On a sequential basis, retail sales grew 0.5 percent, whereas they...

Gold set for third consecutive weekly gain amid surging coronavirus infections

Jun 26, 2020 08:48 am UTC| Commentary

Gold prices steadied and were headed for their third straight weekly gain amid worries about rising global cases of the novel coronavirus, although a firm dollar and gains in equities limited upside. Spot gold prices...

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Economy

New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election

New Zealands economic outlook has become increasingly complicated as rising inflation and elevated unemployment place the Reserve Bank of New Zealand (RBNZ) under growing pressure ahead of the closely contested 2026...

Asian Stocks Slide, Oil Prices Climb as Middle East Tensions and Inflation Fears Shake Markets in 2026

Asian stock markets declined on Wednesday while oil prices advanced as escalating tensions in the Middle East fueled investor concerns and weakened confidence across global financial markets. The renewed conflict has...

Japan Producer Prices Surge in May, Strengthening Expectations of BOJ Rate Hike

Japans producer prices increased more than expected in May, highlighting ongoing inflationary pressures driven by rising energy and raw material import costs. Fresh data released by the Bank of Japan (BOJ) showed that the...

US Stock Futures Slip as New Iran Strikes Weigh on Market Sentiment Ahead of Inflation Data

U.S. stock index futures moved lower on Tuesday evening as renewed military action involving Iran dampened investor confidence and raised fresh concerns about geopolitical stability. Market participants are also closely...

BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure

The Bank of Japan (BOJ) is facing growing pressure to accelerate interest rate hikes as the Japanese yen remains weak and expectations increase for a more hawkish U.S. Federal Reserve policy. Strong U.S. labor market data...

Politics

Randy Villegas Advances to Face David Valadao in Key California Congressional Race

Democratic challenger Randy Villegas, an educator and community advocate, is projected to advance to the November general election following Californias open primary election held on Tuesday. According to U.S. media...

US Voters Prioritize Party Loyalty Over Candidate Controversies, Reuters/Ipsos Poll Finds

A new Reuters/Ipsos poll suggests that most American voters are unlikely to abandon their preferred political partys candidate, even when serious controversies surround them. The findings highlight the growing political...

Trump Nears Decision on Permanent U.S. Intelligence Chief as FISA Renewal Faces Senate Resistance

President Donald Trump is reportedly close to selecting a permanent Director of National Intelligence (DNI), according to U.S. House Speaker Mike Johnson, as lawmakers debate the future of a key U.S. surveillance law set...

Steve Hilton and Xavier Becerra Advance to California Governor Election After Primary Results

Republican political commentator Steve Hilton and Democrat Xavier Becerra have officially advanced to Californias November 3, 2026, gubernatorial election after emerging as the top two candidates in the states June 2 open...

LePage Wins GOP Nomination in Key Maine House Race Ahead of 2026 Election

Former Maine Governor Paul LePage has secured the Republican nomination for Maines 2nd Congressional District, setting the stage for a closely watched showdown in the 2026 U.S. House election. The race is expected to draw...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...

OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets

OpenAI has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), taking a major step toward a potential initial public offering (IPO). The move positions the...

Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026

Apple has introduced the latest version of its Apple Intelligence platform at the Worldwide Developers Conference (WWDC) 2026, signaling a stronger push into the rapidly evolving artificial intelligence market. The...

Qualcomm Stock Gains After Jensen Huang Endorsement

Qualcomm (NASDAQ: QCOM) shares moved higher in after-hours trading on Monday, rising approximately 2% after NVIDIA (NASDAQ: NVDA) CEO Jensen Huang publicly praised the semiconductor company and encouraged investors to...
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