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Wed, Aug 12, 2026 01:58 AM All times are UTC

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Gold rapidly sheds its gains again after the Greek "No"

Jul 06, 2015 09:58 am UTC| Commentary

The unexpectedly resolute "No" vote in yesterdays referendum has increased the chances of Greece leaving the Eurozone, yet there has been virtually no reaction from the gold price.Early gains, though lower than a week ago,...

Nuclear negotiations with Iran about to end with an agreement

Jul 06, 2015 09:51 am UTC| Commentary

The ongoing oversupply of oil is weighing on prices, as is the prospect that this oversupply may not be reduced in the coming months after all, as had previously been anticipated.This is because OPEC is currently producing...

Oil prices drop to lowest level in almost three months

Jul 06, 2015 09:49 am UTC| Commentary

Oil prices are continuing their downswing as the new week of trading gets underway. Brent has dropped below the $60 per barrel mark, putting it at its lowest level since mid-April.WTI shed nearly 4% for a time to hit $54.5...

China's inflation to bottom out

Jul 06, 2015 08:58 am UTC| Commentary

China will release CPI data for June on 9th July.Chinas CPI is likely to rebound to 1.4% yoy from 1.2% yoy in May, forecasts Societe Generale. The biggest contributor should have been faster food inflation. The...

Mexican peso to recover from Greek developments

Jul 06, 2015 08:31 am UTC| Commentary

The peso weakened around 0.5% vs. the USD on Friday under low liquidity conditions because of the US holiday.According to Commerzbank, Mexican peso is commonly used as a proxy for EM risk and is also used as a substitute...

Greece, the last Sirtaki

Jul 06, 2015 08:09 am UTC| Commentary

This time round the reaction in EUR-USD was restrained. Contrary to last weekend the exchange rate eased by only one cent compared from Fridays closing on the Asian market and about half of these losses have already been...

CNB may have to intervene to maintain EUR-CZK floor

Jul 06, 2015 08:02 am UTC| Commentary

CZK has already been under strong appreciation pressure from Greek developments, and this is set to intensify now: EUR-CZK broke sharply lower towards its 27.00 floor last Friday, matching the trend in the other major safe...

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Economy

U.S. Stock Futures Flat Ahead of July CPI Data

U.S. stock futures were little changed Tuesday evening after Wall Street suffered a second consecutive session of losses, as investors turned their attention to upcoming U.S. inflation data for clues about the Federal...

Australia Housing Crisis Deepens as Worker Shortages Delay Homebuilding

Australias housing shortage is intensifying as construction worker shortages, rising costs and higher financing expenses slow the delivery of new homes, putting the governments 1.2 million-home target by 2029 at risk. In...

Dollar Steady as Markets Await U.S. Inflation Data

The U.S. dollar traded mostly flat in early Asian trading on Wednesday as investors focused on upcoming U.S. inflation data for clues about the Federal Reserves next interest-rate decision. Renewed attacks on shipping...

Asian Currencies Steady as Markets Await U.S. Inflation Data

Asian currencies and the U.S. dollar traded in narrow ranges on Tuesday as investors stayed cautious ahead of key U.S. inflation data that could influence expectations for the Federal Reserves interest-rate outlook. The...

Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise

Asian stocks traded mixed on Tuesday as gains in South Korea and Singapore offset weakness across several regional markets. Investors assessed the Reserve Bank of Australias latest interest rate decision while monitoring...

Politics

Darline Graham Advances to South Carolina Senate Runoff

Darline Graham, the sister of the late U.S. Senator Lindsey Graham, has advanced to a Republican runoff for South Carolinas U.S. Senate seat, setting up an August 25 contest against U.S. Representative Ralph Norman....

Judge Blocks Trump Mail Voting Order Ahead of 2026 Midterms

A federal judge has blocked the U.S. Postal Service (USPS) from enforcing part of President Donald Trumps executive order aimed at tightening mail-in voting rules ahead of the November 2026 midterm elections. U.S. District...

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

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

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...