Gold steadies after selloff as oil, strong U.S. data lift Fed hike bets
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide inte…
Market Analysis
British Pound bears retain control near July lows amid Fed-BoE divergence
The GBP/USD pair sticks to a mildly negative bias for the fourth straight day, trading around the 1.3230-1.322…
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Mark Zuckerberg debuts $1,299 Meta VR Glasses and Muse Charm pendant amid AI agent push
Meta CEO Mark Zuckerberg is continuing his metaverse bet centering on virtual reality while pushing forward on…
Euro weakens below 1.1400 as Fed rate hike expectations reinforce US Dollar strength
The EUR/USD pair loses ground to near 1.1380 during the early Asian trading hours on Thursday. The major pair …
Japan private-sector growth slows in September as PMI cools to four-month low- S&P
The survey hands the RBA a mixed signal days before its 29 September decision: softer demand and job cuts argu…
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US Treasury Secretary Bessent says US-China trade truce extended through January 10
US Treasury Secretary Scott Bessent said that the United States (US) and China have agreed to extend a bilater…
U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit
The U.S. and China have extended a truce to keep tariffs lower for longer and rare earths flowing, U.S. Treasu…
Ukraine's President Zelenskyy says ready for energy ceasefire with Russia
Ukrainian President Volodymyr Zelenskyy said Kyiv remains ready for a bilateral “energy ceasefire” with Russia…
Australian Dollar cools off against the New Zealand Dollar before jobs data
Tuesday's peak just under 1.2500 was the highest for AUD/NZD since early 2013. The cross is trading just above…
'Proteinflation': Meet the people paying up to £100 for a bag of protein
The 30-year-old, who lives in London and works in banking, started going to the gym at a time when he says pro…
US rejects pleas from OpenAI, Anthropic for global AI standards
The heads of OpenAI, Anthropic, and Hugging Face have told the UN that the current pace of artificial intellig…
Report: CFTC Eyes Unusual $5B Trading Pattern on Kalshi ETH Perpetuals
The Commodity Futures Trading Commission (CFTC) is reportedly reviewing unusual trading on Kalshi’s Ethereum p…
AI superpower ambitions take centre stage as Trump and Xi meet
US President Donald Trump has been blunt about his AI ambitions, as well as about who he considers the US's ma…
Trump and Xi come face-to-face as US and China battle to win the AI race
US President Donald Trump has been blunt about his AI ambitions, as well as about who he considers the US's ma…
Dollar rises to nearly two-month high on firmer Fed rate hike bets, rout in bonds
Moreover, the announcement was greeted with a sigh of relief by investors who were concerned that the Fed migh…
Australia unemployment rate forecast to remain steady at 4.5% in August
Australia’s Unemployment Rate climbed to 4.6% in August from 4.5% in July, according to the official data rele…
Dollar Strengthens as T-Note Yields Soar
The dollar index (DXY00) rallied to a 1.75-month high on Wednesday and finished up by +0.53%. The dollar moved…
Better Consumer Staples ETF: Vanguard's VDC vs. State Street's XLP
The State Street Consumer Staples Select Sector SPDR ETF offers a slightly lower expense ratio and higher divi…
ICE canola futures rise on oil strength and weaker loonie
ICE canola futures were trading modestly weaker overnight but has turned now to small gains this morning…aroun…
OpenAI and Anthropic CEOs push for AI cooperation at UN after Trump rebuffs 'globalist scheme' to control it
OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei addressed the United Nations Security Council on Wednesda…
Here's what happens to the economy when Treasury yields soar like they are now
Soaring Treasury yields aren't just bad for the government and its $40 trillion debt. They also threaten to ra…
Vitalik Buterin Endorses Trueo as Prediction Market Moves to Ethereum
Ethereum co-founder Vitalik Buterin has welcomed Trueo’s planned migration from Base to Ethereum mainnet, desc…