Forex
Google’s Gemini app hits 1 billion monthly users
Tech giant reports milestone for its AI assistant just months after launch, signaling rapid adoption amid competitive AI landscape.
Houthis claim attack on Saudi vessel in Red Sea strait
Yemeni group says it targeted a Saudi commercial ship in the Bab el-Mandeb, a key shipping corridor for global oil trade.
Venezuela, Israel agree to restore consular services
Diplomatic move follows months of strained relations as both sides move to reopen embassies and ease travel restrictions.
Iran links Strait of Hormuz access to U.S. policy shifts
Tehran warns Washington that regional shipping routes will remain restricted until American sanctions and regional policies are adjusted.
USD/JPY and dollar at inflection after intervention, rate moves
The yen’s recent surge and shifting U.S. rate expectations are testing the dollar’s near-term direction, with traders weighing intervention risks and policy divergence.
NYC Council launches probe into prediction market ads
Regulators examine whether advertising practices by Kalshi, Polymarket violate local laws on financial promotions.
Nvidia unveils 800 VDC power system for AI data centers
New 800 VDC solution aims to improve energy efficiency and reduce costs in high-performance computing infrastructure.
U.S. warns of 600,000 bpd oil supply disruption from Iran conflict
Energy Department estimates potential disruptions to global crude flows amid escalating tensions in the Middle East.
Trump suggests legal challenge to New York luxury home tax
Former U.S. president floats potential constitutional objections to new levy on high-value second residences in New York state.
South African rand steadies after weak jobs, factory data
Currency resists pressure from unemployment rise and industrial output decline, supported by steady commodity prices.
Three Democratic lawmakers to shape future U.S. crypto policy
Key Democratic women in Congress are positioned to influence upcoming crypto legislation amid regulatory scrutiny and industry pushback.
OPEC cuts 2026 oil demand growth forecast further
Organization revises down forecast for the third time this year, citing weaker economic outlook and energy transition pressures.
Rockwell Automation adds AI vision tech to quality control systems
Integration aims to enhance precision and reduce defects in manufacturing processes through automated visual inspection.
Why the Euro’s Next Move Hinges on US Inflation, Not ECB Whispers
The euro-dollar pair is approaching the 1.1680 ceiling, but the real driver will be Thursday’s US CPI — a softer print may reportedly give the euro a lift, while a hotter one may reportedly keep it pinned down.
Emerging markets see positive investment flows as equity outflows ease
Global investors returned to emerging markets as equity outflows slowed sharply in the latest week, according to the Institute of International Finance.
U.S. mortgage credit availability hits 2022 high
Mortgage credit availability rose in October to its highest level since 2022, driven by easing standards and increased demand, according to industry data.
Yen steadies near 160 per dollar as intervention effects wane
The Japanese currency holds ground after authorities' recent market operations, with traders assessing the durability of intervention amid persistent dollar strength.
Pakistan says U.S. and Iran close to diplomatic arrangement
Defense minister cites ongoing talks to ease tensions between Washington and Tehran, with regional implications for energy and trade flows.
Oman, Iran in advanced talks on Hormuz security: Qatar
Qatar says Oman and Iran are in advanced negotiations to enhance security in the Strait of Hormuz, a critical oil shipping route.
South Africa’s manufacturing output declines 1.7% in June
Factory production falls for a second straight month as weak domestic demand and power constraints weigh on industry.
Pound slips as dollar steadies ahead of U.S. CPI data
Sterling weakens against a firmer dollar as investors await key U.S. inflation figures that may influence Federal Reserve policy.
Gulf shipping through Strait of Hormuz drops to six vessels
Vessel traffic via key oil chokepoint declines amid fading Iran nuclear deal prospects, industry data shows.
FlightAware sues Kalshi over trading in flight-cancellation markets
Flight tracking firm alleges Kalshi's prediction markets for flight disruptions violate U.S. derivatives laws.
Asia FX, Dollar Muted Ahead of U.S. CPI Data as RBA Holds Rates
Asian currencies and the U.S. dollar traded in narrow ranges as investors awaited key inflation data, while the Reserve Bank of Australia kept interest rates steady.