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German fiscal policy should turn expansionary

Oct 12, 2015 12:18 pm UTC| Commentary

During the first half of 2015, the general government of German ran a surplus of 1.4% of GDP, a much better outcome than initially expected, due to both strong tax receipts and low expenditures. Under our calculations, the...

Loonie trades near 10-week high vs. U.S. dollar

Oct 12, 2015 10:12 am UTC| Commentary Central Banks

Mondays session has been calm so far, but the US dollar found itself trading lower once again. The greenback came under renewed pressure on Monday with the pair was seen near ten-week lows, changing hands at around...

Recent price increase of gold probably driven by speculation

Oct 12, 2015 09:44 am UTC| Commentary

The gold price has risen to a seven-week high of nearly $1,170 per troy ounce as the week begins, finding support among other things from a weaker US dollar. With the price increases of the past two weeks, the technical...

US oil rig count falls by a good 1,000 within one year

Oct 12, 2015 09:36 am UTC| Commentary

The ICE will be publishing the corresponding data for Brent at lunchtime today, they are likely to paint a similar picture. Oil prices are resuming their upward trend as the new week of trading gets underway, boosted among...

U.S. soybean crop more pronounced

Oct 12, 2015 09:08 am UTC| Commentary

The soybean price rose slightly, as the USDA reduced its estimate of the U.S. soybean acreage by more than surveys had anticipated. At the same time, the increase in the yield estimate was merely marginal, with the result...

USDA lowers estimate for US corn crop just marginally

Oct 12, 2015 09:05 am UTC| Commentary

Friday saw the US Department of Agriculture (USDA) publish its latest forecasts of supply and demand on key agricultural markets. It had already been expected that the USDA would estimate a lower corn acreage in the US...

Strong increase of speculative net long positions in WTI

Oct 12, 2015 09:01 am UTC| Commentary

Oil prices remain on the up, Brent achieving $54 per barrel on Friday - its highest level since the end of August. Trading for a time at $51 per barrel, WTI reached its highest price in nearly three months, notes...

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Economy

China Resumes US Soybean Purchases After Trump-Xi Summit

China has resumed purchases of US soybeans, with state-owned trading companies securing between eight and 10 Panamax cargoes this week, marking the first major deals since Presidents Donald Trump and Xi Jinping met in...

US Dollar Slips From 18-Month High Ahead of Key Inflation Data

The U.S. dollar weakened slightly on Wednesday, retreating further from an 18-month high as investors awaited crucial U.S. inflation data that could influence the Federal Reserves next interest rate decision. The US Dollar...

Oil Prices Mixed as Russia Diesel Deal and Houthi Attacks Raise Supply Concerns

Oil prices traded mixed on Tuesday as investors assessed the impact of a U.S.-Russia diesel supply agreement alongside growing concerns about Middle East oil disruptions following escalating Houthi attacks in Yemen and...

Wall Street Closes Lower as Bank Earnings and AI Concerns Weigh

Wall Street stocks ended slightly lower on Tuesday, October 13, as mixed bank earnings and growing concerns over Chinese artificial intelligence competition pressured investor sentiment ahead of key U.S. inflation data....

IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks

The International Monetary Fund (IMF) maintained its 2027 global economic growth forecast at 3.4%, warning that escalating Middle East tensions, rising government debt and persistent inflation could threaten the global...

Politics

Trump Announces Massive Oil and Mineral Exploration Plans in Greenland

U.S. President Donald Trump announced Tuesday evening that large-scale oil, natural gas, and mineral exploration activities are expected to begin in Greenland, highlighting the Arctic territorys vast resource potential and...

China Warns Taiwan Over South China Sea Coast Guard Incident

China has warned Taiwan of potential consequences after its Coast Guard used a water cannon against a Chinese fishing boat near the disputed Pratas Islands in the South China Sea, escalating tensions as Beijing increases...

US Justice Department Drops Prosecution of Ex-CIA Analyst Sue Mi Terry

The US Justice Department has agreed to suspend criminal proceedings against former CIA analyst and White House National Security Council official Sue Mi Terry, who was accused of acting as an unregistered foreign agent...

Trump Confirms US Intelligence Sharing With Ukraine Amid Russian Strikes

US President Donald Trump confirmed Tuesday that Washington continues to share military intelligence with Ukraine, despite concerns over missing missile warnings and renewed Russian attacks that Kyiv says violate a...

Trump Denies China, Russia Are Helping Iran in War

US President Donald Trump has dismissed claims that China and Russia are supporting Iran in its ongoing war with the United States, despite American intelligence assessments suggesting both countries have provided military...

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

ASML Raises 2026 Sales Forecast as AI Chip Demand Surges

ASML, the Dutch semiconductor equipment giant, has raised its full-year 2026 revenue forecast after posting record third-quarter sales, fueled by accelerating artificial intelligence (AI) investments and growing demand for...

Arm Breaches Qualcomm License Deal, Jury Awards $2

A Delaware jury has ruled that Arm Holdings violated its licensing agreement with Qualcomm and intentionally interfered with the chipmakers business relationship with Meta Platforms. However, the jury awarded Qualcomm just...

Nvidia Invests in Four French AI Companies to Expand European Presence

Nvidia Corp is expanding its presence in Europes artificial intelligence market through agreements to acquire minority stakes in four French technology companies, according to a report published Tuesday by French newspaper...

OpenAI Uses AI to Uncover Hidden Recording Device, FBI Makes Arrest

OpenAI has revealed that its artificial intelligence models played a crucial role in investigating a hidden recording device discovered inside one of its offices. The unusual security incident resulted in an employee being...

Citi Upgrades Galaxy Digital Stock, Raises Price Target to $28

Citigroup has upgraded Galaxy Digital (GLXY) stock from Neutral to Buy, raising its price target from $26 to $28 as confidence grows in the companys artificial intelligence (AI) infrastructure business. The revised target...
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