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API reports deficit, while crude awaits EIA report

Aug 19, 2015 13:55 pm UTC| Insights & Views

Crude oil is finding some bids around $40/barrel, might be on the process of forming a key interim bottom. WTI is currently trading at $42.7/barrel, up from its recent low around $39.5/barrel. Key factors at play in Crude...

Poll shows UK’s EU referendum at mercy of swing voters

Aug 19, 2015 13:15 pm UTC| Insights & Views

UKs EU referendum proposed by Prime Minister David Cameron before the election, where a No might lead to UKs exit from European Union if an ongoing negotiations between European Union and UK goes sour. Though both parties...

Dollar inching higher as Fed’s minutes today likely to present clarity

Aug 19, 2015 13:05 pm UTC| Insights & Views

Todays FOMC minutes would probably confirm that the liftoff date is approaching but without any precise obligation to the September meeting. The particular interest will be in the discussion of labour market conditions and...

FxWirePro: Saucer pattern on USD/CAD, retesting trendline support – bull run to resume if 1.3025 sustains

Aug 19, 2015 12:56 pm UTC| Insights & Views

Long term charts evidences the saucer pattern on this pair, a rounding bottom of the prolonged downtrend can used to suggest that the long term trend is reversed. Currently the pair is testing trendline support at 1.3070...

MINSK II agreement at risk, Rouble better watch out for Trio summit on Monday

Aug 19, 2015 12:55 pm UTC| Insights & Views

Recent resumption of disruption among Ukrainian forces and separatists rebels in the East, is risking MINSK II agreement, which has been reached in earlier this year after failure of the first, with coordination of German...

Schäuble sounds nice, German parliament backs Greek deal

Aug 19, 2015 12:23 pm UTC| Insights & Views

German finance minister Wolfgang Schuble sounded unusually nice at German parliamentary debate at Bundestag today. So far this year, Mr. Schuble has been harsh critique of Greek bailout, even going as far as suggesting...

How does inflation influence U.K. and U.S. monetary policy?

Aug 19, 2015 12:14 pm UTC| Insights & Views

US CPI and the FOMC Minutes are the main macro highlights heading into NY Session today. Will US CPI data for July due later in the day support USD, just like the upside surprise in UK inflation propped up the pound...

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Economy

Strait of Hormuz Oil Shipments Resume Amid U.S.-Iran War Tensions

Global energy markets remain on edge as the U.S. blockade on Iranian ports continues to disrupt shipping through the Strait of Hormuz, a critical chokepoint that normally handles roughly one-fifth of worldwide oil and gas...

Asian Stocks Rally on Tech Gains and U.S.-Iran Diplomacy Hopes

Asian equity markets extended their winning streak on Wednesday, buoyed by strong performances in technology stocks and growing optimism surrounding potential U.S.-Iran diplomatic talks. The positive momentum followed a...

Iran War Drives Asia's Plastic Crisis — and a Green Packaging Boom

The ongoing Iran conflict is reshaping the global packaging industry in ways environmental advocates never anticipated. By disrupting Middle Eastern oil and petrochemical supplies, the war has driven plastic prices to...

Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears

South Koreas incoming Bank of Korea (BOK) Governor nominee Shin Hyun-song has hinted at a possible shift toward tighter monetary policy, warning that prolonged supply-side shocks stemming from the ongoing Middle East...

IMF Slashes Global Growth Forecast Amid Middle East Energy Crisis

The International Monetary Fund has downgraded its global growth outlook following a surge in energy prices triggered by the ongoing Middle East conflict. As finance officials convened for the IMF and World Bank spring...

Politics

Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban

Despite a formal directive from President Donald Trump ordering federal agencies to stop using Anthropics artificial intelligence technology, multiple U.S. government bodies have been quietly evaluating the companys latest...

Iran's Secret Use of Chinese Spy Satellite to Target U.S. Military Bases Revealed

A explosive new report from the Financial Times has uncovered that Iran covertly leveraged a Chinese spy satellite during a recent regional conflict, granting the Islamic Republic an unprecedented ability to surveil and...

Trump Warns Against Iranian Nuclear Weapons, Criticizes Pope Leo

President Donald Trump renewed his sharp criticism of Pope Leo on Tuesday, taking to his Truth Social platform to issue a stern warning about Irans nuclear ambitions while highlighting what he described as a severe human...

Japan Opens Arms Export Floodgates: New Policy Draws Global Defense Interest

Japan is preparing to significantly loosen its arms export restrictions, and allies from Europe to Southeast Asia are already lining up. Prime Minister Sanae Takaichis ruling party has approved the sweeping policy changes,...

U.S. Blockade on Iran Tightens Amid Ceasefire Uncertainty

United States military forces have fully enacted a naval blockade against Iran, halting all sea-based economic trade flowing in and out of the country, according to a statement released Tuesday by U.S. Central Command. The...

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

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 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

KKR's $820M Investment Fuels Samsung SDS AI Expansion, Sending Group Shares Soaring

Samsung Group stocks rallied sharply on Wednesday following KKRs announcement of a major strategic partnership with Samsung SDS, reigniting investor confidence in the conglomerates artificial intelligence and digital...

DEEPX Partners with Hyundai to Power Next-Gen AI Robots Ahead of IPO

South Korean AI chip startup DEEPX is deepening its collaboration with Hyundai Motor Group to build a cutting-edge computing platform for generative AI-powered robots. The initiative will be driven by the companys upcoming...

Anthropic Nears $800 Billion Valuation as Investor Confidence Surges

Anthropic, the artificial intelligence startup behind the Claude AI assistant, is reportedly fielding investment offers that could value the company at up to $800 billion. According to Business Insider, multiple venture...

SK Hynix Shares Hit Record High Amid AI Memory Demand Surge

SK Hynix shares soared to an all-time high on Tuesday, riding a wave of renewed investor confidence in artificial intelligence infrastructure and fresh momentum from developments tied to fellow memory chipmaker SanDisk....

Amazon in Advanced Talks to Acquire Globalstar in Starlink Rivalry Move

Amazon.com Inc (NASDAQ: AMZN) is reportedly in advanced negotiations to acquire satellite operator Globalstar Inc (NASDAQ: GSAT), marking a bold strategic push by the tech giant to challenge SpaceXs dominant Starlink...
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