Japan’s July 2026 trade deficit widened to ¥634.5 billion due to soaring crude oil imports. However, the figure came in below market expectations, while robust exports of artificial intelligence (AI) chips helped lift t…
OpenAI boss Sam Altman thinks people should have more faith in his company and others like it to do the right thing when it comes to artificial intelligence (AI) development amid rising public concerns about all the ris…
The Mexican Peso (MXN) loses some ground against the US Dollar (USD) on Tuesday, with USD/MXN rising by over 0.09% amid a sour market mood and a stronger Greenback, ahead of the FOMC monetary policy decision on Wednesda…
At San Francisco conference, OpenAI chief Sam Altman calls for more rigorous security measures
USD/JPY climbed to 155.09 on Tuesday afternoon, up 74 pips or 0.48% on the session, extending a rebound from the seven-month yen high of 153.40 printed last Thursday. The pair traded at 155.17 early in the U.S. morning,…
US government borrowing costs climbed to their highest level since 2007 after a jump in oil prices further fuelled concerns about inflation.
Prime minister speaks of strengthening Canada’s economic and political ties to Europe at Canada Investment Summit
The number of complaints made by households about water companies to the industry watchdog has risen by a record 84% in a year, driven by customer concern and confusion over rising bills.
USD/JPY trades near 155.20 on Tuesday, rising for a second straight day and pulling away from the roughly seven-month low it set last week. A firmer US Dollar (USD) is doing the work, helped by a sharp jump in Oil that …
John Healey is in talks with the Canadian government about joining a new global defence bank intended to help allies rearm to counter mounting security threats, just weeks after Rachel Reeves rejected the move.
Commerzbank’s Volkmar Baur notes that Chinese growth remains export-led as domestic demand stays soft, with investment and retail sales under pressure and car sales slumping. While a rising trade surplus supports the cu…
The US Dollar Index (DXY) gained to 99.60 mark on Tuesday, and the bond market drove the move. The 10-year United States (US) Treasury yield touched 5.04% for the first time since 2007, pulled higher by a near 4% jump i…
A toxic mix of a potential slowing in AI spending, rising oil prices, and increased Fed rate hike bets see markets fall, but they end well off the lows.
The Euro (EUR) extends its losses against the US Dollar (USD) on Tuesday, sliding below the 100-day Simple Moving Average (SMA) at 1.1555, opening the door to further downside, with sellers setting their sights on Monda…
1. AI selloff looks like a reset, not a regime break: The selloff is painful but still concentrated in crowded AI and tech winners, rather than showing broad recession stress, disorderly yields or an earnings collapse. …
West Texas Intermediate (WTI) Crude Oil trades just above $100.00, up about 3% on the day. It is on track for a third straight weekly gain. Saudi Arabia shut its East-West pipeline on Friday, and until it reopens the pr…
Commerzbank analysts report that USD/IDR extended gains as investors assessed the appointment of Suahasil Nazara as Indonesia’s new Finance Minister, the third in under two years. While markets took some reassurance fro…
The government has promised retirees they will be excluded from paying tax on the full new state pension after official figures paved the way for an inflation-beating increase above the tax-free personal allowance.
There have been some shocking claims in recent days about AI safety: we face a 10% chance of doom; AIs are worse than nukes; a “botnet” threatens the entire internet; it’s all a big tech psyop.
USD/JPY extends its rebound on Tuesday and trades around 155.00 at the time of writing, up 0.41% on the day. The pair continues its recovery from levels below 153.00 reached last week, mainly supported by broad-based st…
Bristol has become the first British city to impose a ban on the advertising of fast fashion, in new restrictions that will also curb ads for SUVs and airlines.
Russian Foreign Ministry spokeswoman Maria Zakharova stated that Armenia needs to choose between the European Union and the Eurasian Economic Union (EAEU) as soon as possible. She called the argument that it is too earl…
Societe Generale economist Kunal Kundu notes that India’s headline Consumer Price Index (CPI) inflation rose to 4.8% year-on-year in August 2026, staying above the Reserve Bank of India ’s (RBI) 4.0% median target for a…
Deutsche Bank’s Chief UK Economist Sanjay Raja assesses latest United Kingdom (UK) labour market data as signalling a still weak backdrop, with employment struggling and vacancies falling.