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Gold consolidates as Fed meeting looms

Jun 09, 2020 07:56 am UTC| Commentary

Gold prices consolidated within ranges, as investors focused on the U.S. Federal Reserve meeting for clues on policy measures. Market participants weighed the possibility of stepped-up bond buying or a very dovish outlook...

German industrial production falls sharply in April, economy likely to contract at double-digit rate in Q2

Jun 08, 2020 12:59 pm UTC| Commentary

German industrial production fell sharply by 17.9 percent in April on a sequential basis. The huge decline was widely expected. The construction and power generation sectors saw declines of 4.1 percent and 7.2 percent,...

Gold steadies near recent lows as unexpected U.S. jobs rebound dents demand

Jun 08, 2020 07:39 am UTC| Commentary

Gold prices steadied after fall to a more than 1-month low in the prior session on an unexpected jump in U.S. employment that boosted hopes for a swift economic recovery. The surprise recovery in U.S. employment lifted...

Digital Currency Revolution

Digital Currency Series: Ethereum Halts Bullish Rout, What Drives Commendable Rallies? Quick Glimpse At Bullish Driving Forces

Jun 05, 2020 15:13 pm UTC| Research & Analysis Digital Currency Technicals Commentary

Ethereum has been luring among the crypto-space with its underlying price and fundamentals as we expected earlier in our recent posts. OKEx extends its crypto-derivative product-line by unveiling ether options, we...

German factory orders fall sharply in April, industrial production likely to have fallen sharply as well

Jun 05, 2020 14:53 pm UTC| Commentary

German manufacturing order intake fell sharply in April, as was widely anticipated. Orders collapsed 25.8 percent sequentially. On a year-on-year basis, factory orders fell 36.6 percent. Unsurprisingly, the automotive...

Philippine headline inflation continues to decelerate in May, likely to average 1.9 pct through 2020

Jun 05, 2020 13:33 pm UTC| Commentary

Philippines headline inflation continues to slow down. On a year-on-year basis, the consumer price inflation eased to 2.1 percent from Aprils 2.2 percent. Sequentially, the consumer price inflation rose 0.1 percent in May,...

Digital Currency Revolution

Cryptocurrency Series: OKEx Extends Its Crypto-Derivative Product Line By Unveiling Ether Options

Jun 05, 2020 11:58 am UTC| Digital Currency Commentary

OKEx seems to be one-stop crypto-derivatives marketplace as they constantly keep adding new derivatives instruments for their wide range of crypto-derivatives offering. The renowned exchange among the gamut of...

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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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