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Fri, Jun 12, 2026 10:04 PM All times are UTC

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Strong retail sales shows US private consumption to see strong growth in coming months

Jun 11, 2015 18:49 pm UTC| Commentary

US retail sales rebounded strongly in May with sales ex auto and gasoline up 0.7% m/m and the control group (ex food, gasoline, building materials and autos) increasing a similar 0.7% m/m. Gains in sales were broad-based...

Fed likely to prepare ground for a post-summer rate hike at June FOMC meeting

Jun 11, 2015 18:18 pm UTC| Commentary

Buoyed by improving data and rising wages, the Fed may emphasise the first rate hike is getting closer. Debate is likely to focus on growth; this years forecast and potential growth estimates may be lowered. 2015 dot may...

Risks identified by BoC in its FSR remain largely unchanged relative to the Dec report

Jun 11, 2015 17:52 pm UTC| Commentary

The Bank of Canada published its semi-annual Financial System Review (FSR) this morning. The Bank of Canadas song remained largely the same today, with the identified vulnerabilities and risks to the Canadian financial...

Strong manufacturing is leading the acceleration of growth in Mexico

Jun 11, 2015 17:16 pm UTC| Commentary

Mexicos IP increased 0.1% m/m sa on April due to strong (and surprising) performance in manufacturing (2.0% m/m sa) partially offset by the expected strong decline in mining (-3.6%) and a flat performance in the...

USD review

Jun 11, 2015 17:09 pm UTC| Commentary

Western Union notes:The dollar added to its session gains following mixed but generally positive U.S. data. Consumers made a comeback in May with spending up a robust 1.2 percent, a whisker better than expected. The...

CAD review

Jun 11, 2015 17:08 pm UTC| Commentary

Western Union notes:The loonie appeared at risk of parting with some of its gains following generally solid data south of the border. Canada today reported that factories ran at an 82.7% rate of capacity in the first...

GBP review

Jun 11, 2015 17:08 pm UTC| Commentary

Western Union notes:Sterling dipped back below a key level against the greenback after the governor of the Bank of England was mum on interest rates in a speech last night.Those looking for a bullish catalyst for the pound...

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Economy

Oil Prices Fall as U.S.-Iran Peace Deal Hopes Ease Supply Concerns

Global oil prices dropped sharply on Friday and were set for significant weekly losses as growing optimism surrounding a potential U.S.-Iran peace agreement raised expectations that the Strait of Hormuz could soon reopen,...

US Dollar Heads for Weekly Loss as Iran Peace Deal Hopes Boost Risk Appetite

The U.S. dollar weakened on Friday and remained on track for a weekly decline as growing optimism surrounding a potential peace agreement between the United States and Iran improved global market sentiment and reduced...

Gold Prices Slip Weekly Despite Friday Rebound as U.S.-Iran Peace Deal Hopes Grow

Gold prices edged higher on Friday but remained on course for a weekly loss as investors weighed growing optimism over a potential U.S.-Iran peace agreement against expectations of tighter monetary policy from major...

Wall Street Rallies as SpaceX IPO Soars and U.S.-Iran Peace Deal Hopes Grow

U.S. stock markets closed higher on Friday as investors reacted positively to growing optimism surrounding a potential U.S.-Iran peace agreement and the blockbuster debut of SpaceX on the Nasdaq. Improved consumer...

ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks

The European Central Bank (ECB) will keep all policy options on the table ahead of its July meeting and stands ready to take further action if rising energy costs linked to the Iran conflict fuel broader inflationary...

Politics

France Hosts Israeli-Palestinian Civil Society Appeal to Revive Two-State Solution Ahead of G7 Summit

Israeli and Palestinian civil society groups have renewed calls for international support for a two-state solution, urging world leaders not to let the ongoing Middle East conflict overshadow efforts toward lasting peace....

US-Iran Peace Deal Nears as Tehran and Pakistan Signal Breakthrough

Hopes for a historic U.S.-Iran peace agreement strengthened on Friday after encouraging statements from Iranian officials and key mediator Pakistan suggested that a final deal could be close. Iranian Foreign Minister Seyed...

South Korea Ballot Shortage Sparks Protests, Election Fraud Claims, and Calls for Rerun

A ballot paper shortage during South Koreas recent local elections has triggered widespread protests, intensified political tensions, and raised concerns about public confidence in the countrys democratic process. Many...

US Plans NATO Force Reduction in Europe Amid Defense Burden Dispute

The United States is reportedly preparing to reduce the number of aircraft, warships, and other military assets available for NATO operations in Europe, a move that could significantly impact the alliances defense...

Trump Signals Possible Iran Peace Deal as Markets Rally

Hopes for a breakthrough in U.S.-Iran relations rose on Friday after U.S. President Donald Trump suggested that a peace agreement with Iran could be finalized as early as this weekend. If completed, the deal would mark a...

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 Set for Explosive Debut as Valuation Tops $2.2 Trillion

SpaceX is poised for one of the most historic stock market debuts ever, with shares expected to open nearly 30% above their initial public offering (IPO) price. According to preliminary Nasdaq data, SpaceX stock (NASDAQ:...

Meta AI Strategy Faces Challenges as Zuckerberg Admits Mistakes in Internal Memo

Meta CEO Mark Zuckerberg has acknowledged that the company has made mistakes during its ongoing artificial intelligence (AI) transformation, according to an internal memo obtained by Reuters. In the memo, Zuckerberg...

Hanmi Semicon Shares Surge After $33 Million SpaceX Investment

South Korean semiconductor equipment maker Hanmi Semiconductor (KS:042700) saw its stock price soar on Friday after announcing a strategic investment in SpaceX, the aerospace company led by Elon Musk. The company revealed...

EngineAI Files for Hong Kong IPO Amid Rising Demand for AI and Robotics Stocks

Chinese humanoid robotics startup EngineAI has reportedly confidentially filed for an initial public offering (IPO) in Hong Kong, seeking to capitalize on growing investor interest in artificial intelligence (AI) and...

Adobe Beats Q2 2026 Estimates, Raises Full-Year Outlook as AI Revenue Surges Despite Stock Drop

Adobe (NASDAQ: ADBE) delivered stronger-than-expected fiscal second-quarter 2026 results, surpassing Wall Street forecasts on both revenue and earnings while raising its full-year guidance. The software giant also reported...