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Mon, Apr 13, 2026 07:10 PM All times are UTC

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U.S. durable goods fall in February, implies subdued rate of equipment spending in Q1 2019

Apr 02, 2019 16:47 pm UTC| Commentary

The U.S. durable goods orders dropped in the month of February, implying only a tepid rate of equipment spending in the first quarter. The inventory picture emerging in recent reports though indicates towards a stockpiling...

Swiss inflation accelerates slightly above expectations in March

Apr 02, 2019 13:31 pm UTC| Commentary

The Swiss consumer price inflation accelerated slightly in March. According to the Swiss Federal Statistics Office, the consumer price index rose 0.5 percent sequentially, as compared with the consensus expectations of 0.4...

Oil in Global Economy Series: Reuters’ survey suggests OPEC production declined by 280,000 barrels in March

Apr 02, 2019 13:05 pm UTC| Commentary

Reuters has released its March OPEC oil market production survey and it suggests that OPEC production is set for a decline by 280,000 barrels per day compared to the revised February production data (Reuters). Below are...

FxWirePro: Retail sentiment favors bears in GBP/USD as Brexit deadline looms

Apr 02, 2019 12:07 pm UTC| Commentary

Pound continues to struggle amid Brexit uncertainties, With UK politicians going to and fro on Brexit, with both positive negative rumors and news steadily hitting the market, we would like to suggest to our readers...

U.K. construction output remains subdued in March, PMI index remains below 50

Apr 02, 2019 12:06 pm UTC| Commentary

The recent weak patch for U.K. construction output continued in March. The headline seasonally adjusted IHS Markit/U.K. construction total activity index rose to 49.7 from Februarys 49.5; however, it is still below the 50...

Australian weekly consumer sentiment rises strongly to above long-run average

Apr 02, 2019 11:04 am UTC| Commentary

Australian weekly consumer sentiment rises. The ANZ-Roy Morgan Australian consumer confidence rose 2.6 percent last week. The rise has led to the index closing near its one month high. The sub-indices came in higher, with...

Talks of U.S. recession bit overdone; fundamentals do not indicate a recession, says Wells Fargo

Apr 02, 2019 10:12 am UTC| Economy Commentary

Talk of an imminent U.S. recession is a bit overdone as underlying fundamentals of the U.S. economy do not indicate that recession is right around the corner, despite the yield curve inverted a bit recently, concluded...

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Economy

Gold Prices Slip as Dollar Strengthens Amid U.S.-Iran Tensions and Rising Inflation

Gold prices declined on Monday as a strengthening U.S. dollar and persistent inflation concerns weighed heavily on the precious metal. Spot gold dropped 0.6% to $4,720.67 per ounce, while gold futures slid 0.9% to...

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Politics

U.S. Blockades Strait of Hormuz Amid Escalating Iran Tensions

The U.S. military has announced a blockade of the Strait of Hormuz effective Monday at 10 a.m. Eastern, targeting vessels traveling to or from Iranian ports and coastal areas. Ships not bound for Iran will be permitted to...

U.S., Australia, and Philippines Conduct Joint South China Sea Military Drills Amid Rising Tensions With China

The United States, Australia, and the Philippines wrapped up their second trilateral maritime exercises of 2025 in the South China Sea, reinforcing their collective commitment to freedom of navigation and regional security...

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

Taiwans top security official has made clear that any response to Chinas latest proposed trade and tourism measures must be government-led, not driven by opposition party diplomacy. National Security Bureau chief Tsai...

Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

Hungary's Orban Loses Power as Magyar Wins in Landslide; U.S. Reactions Divided

Hungarian Prime Minister Viktor Orban, a close ally of U.S. President Donald Trump, was voted out of power after 16 years in office as Hungarians turned out in record numbers to elect center-right challenger Peter Magyar....

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

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...