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Currency snapshot (commodity pairs)

Jul 06, 2015 17:32 pm UTC| Insights & Views

Dollar index trading at 96.12 (+0.12%) Strength meter (today so far) - Aussie +0.16%, Kiwi +0.19%, Loonie -0.55%. Strength meter (since last week) - Aussie +0.16%, Kiwi +0.19%, Loonie -0.55%. AUD/USD - Trading at...

Commodities snapshot (energy)

Jul 06, 2015 17:04 pm UTC| Insights & Views

Energy pack is trading in red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI further dropped as 8 week range got broken to downside. Todays range $56.8-56.2 Target for the downside is coming...

Commodities snapshot (precious & industrial)

Jul 06, 2015 16:18 pm UTC| Insights & Views

Metals are having a down day to start off the week. Performance this week at a glance in chart table - Gold - Gold is down, failing to gain from Greek tension. No major safe haven bids over gold today, as Greeks voted...

Latest updates on Greece

Jul 06, 2015 15:17 pm UTC| Insights & Views

After Sundays decisive election, in which Greek people rejected the bail out in over whelming majority, focus now turns to Greek governments and Euro zone leaders to understand, what lies ahead? Including Ms. Merkel has...

Missing ECB payment might turn all hell loose for Greece

Jul 06, 2015 14:26 pm UTC| Insights & Views

Greece has missed the payment to IMF and survived without much of any immediate consequence (though IMF will withhold further funding to Greece), however a payment miss to ECB might open up Pandoras Box for Greece, which...

ECB’s stress test seems useless, risks credibility

Jul 06, 2015 13:53 pm UTC| Insights & Views

European Central Bank (ECB) has taken harsh decision to not to increase Emergency Lending Assistance (ELA) to Greek banks last weekend, which has done nothing but to sour the sentiment and pushed Greece closer to the...

Oil price collapses again – what are target areas?

Jul 06, 2015 13:16 pm UTC| Insights & Views

Since oil failed to break above the congestion and WTI benchmark failed to clear above doji high, it is breaking to the downside. WTI crude - WTI oil is currently trading at $54.5/barrel, down after it failed to clear...

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Economy

China’s Budget Spending Falls as Land Sale Revenue Plummets, Raising Economic Concerns

Chinas budget spending has shrunk at an accelerated pace, driven by a steep decline in land sale revenues. With local governments reporting a 41.8% drop in income from land sales last month, concerns are rising about the...

Clean Energy Sector Added 150,000 Jobs in 2023, Boosted by the Inflation Reduction Act

The clean energy industry added nearly 150,000 new jobs in 2023, driven by the Inflation Reduction Act, according to a report by E2. Southern states led this growth, accounting for 36% of the new positions as the renewable...

China Expected to Lower Policy and Lending Rates After U.S. Interest Rate Cut

A Reuters poll suggests that China will likely lower its central policy and lending rates on September 20, following the U.S. Federal Reserves significant interest rate cut. This anticipated move aims to stimulate Chinas...

미국 은행주 상승, 대규모 금리 인하로 채무 불이행 위험 및 비용 우려 완화

연방준비제도(Fed)가 50bp(베이시스 포인트) 금리 인하를 단행한 다음 날인 목요일, 미국 은행주의 주가가 프리마켓 거래에서 상승했다. 이번 금리 인하는 예금 비용을 줄이고 차입자들에 대한 압박을 완화할 것으로 기대된다. 올해...

Politics

Lawsuit Alleges Thousands of Noncitizens Registered to Vote in Nevada: Secretary of State Under Fire

A lawsuit has emerged in Nevada, claiming that as many as 11,000 noncitizens are improperly registered to vote in the key swing state. The legal challenge accuses Democratic Secretary of State Francisco Cisco Aguilar of...

Is Donald Trump Corrupt?

As former President Donald Trump prepares for a potential return to the political stage in 2024, renewed allegations of corruption continue to follow him, casting a shadow over his future ambitions. Trump, who has faced...

Donald Trump Informed Pentagon of National Guard Request on January 6: What the Records Show

In a new twist in the ongoing investigations surrounding the January 6 Capitol riot, recently surfaced transcripts appear to show that former President Donald Trump informed top Pentagon officials about his desire for a...

Are Muslims Voting Donald Trump or Kamala Harris?

With the 2024 presidential election fast approaching, the question of which candidate Muslim voters will support is becoming increasingly significant. Both Donald Trump and Kamala Harris represent starkly different...

Science

SpaceX's Polaris Dawn Crew Achieves Historic Spacewalk and Advances Commercial Space Exploration

SpaceXs Polaris Dawn mission accomplished several milestones during its five-day journey, including the most remote spacewalk in history. Crew members conducted 36 groundbreaking experiments, advancing knowledge in space...

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

Technology

BNY Mellon Granted SEC Waiver, Paving the Way for Institutional Crypto Custody Services

BNY Mellon has reportedly obtained an exemption from the SECs SAB 121, allowing the bank to move forward with its institutional crypto custody business. The move underscores growing institutional interest in digital...

Catizen (CATI) Climbs 34% After Binance Debut, New Margin Trading Pairs Added

Catizen (CATI) surged 34% in its first trading session on Binance. The listing comes with new margin trading pairs and a zero-fee structure for conversions. The CEX has announced that Catizen (CATI) would be added to...

XRP Could Reach $2 by 2025 if Bitcoin Breaks $150K, Analysts Say

Amid indications that the SEC wont appeal the Ripple verdict and expectations of Bitcoin breaking past $150,000, crypto experts anticipate XRPs price could hit $2 by 2025. The combination of bullish Bitcoin momentum and...

Shiba Inu's Shytoshi Kusama Teases “Big Plans” After TOKEN2049 Conference Appearance

Shytoshi Kusama, the mysterious leader behind Shiba Inu, hinted at significant future announcements after her participation at TOKEN2049 in Singapore. These cryptic remarks have left SHIB holders buzzing with anticipation...
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