Thursday, June 5, 2025

Oil Treads Water Ahead of OPEC+ Panel Meeting, PCE Inflation Data

Oil treads
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Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming OPEC+ panel meeting, as well as more cues on the U.S. economy from a reading on the Federal Reserve’s preferred inflation gauge. Ministers from Algeria,...

Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA

DOLLAR DROPP
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U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday's widely watched monetary policy meeting The risk-sensitive Australian and New Zealand dollars rose from one-week lows...

Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%

Dow Futures
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U.S. stock futures were trading lower during Thursday's evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET (11:40pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.6% and...

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery

Oil prices creep
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Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head Fatih Birol reiterated the agency’s...

WhatsApp Has a Secure Fix for One of Its Biggest Drawbacks

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Starting with a beta that launches today, you’ll no longer have to route all your messages through your smartphone.   THE UBIQUITOUS END-TO-END encrypted messaging service WhatsApp melds security and convenience for 2 billion people around the world. But there's always been a big limitation: The service relies entirely on...

“Rising Protests: Voices Against Conflict in Gaza Grow Louder in Brooklyn and US Universities”

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Protests against Israel are growing, with people hitting the streets in Brooklyn and US universities. They want the fighting in Gaza to end and are speaking out against civilian harm. These protests are becoming more common, especially at East Coast universities. In the US,...

“Pakistan’s Historic Lunar Mission: iCube-Q Aboard China’s Chang’e 6 Probe”

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Pakistan is set to embark on a momentous lunar mission with the launch of iCube-Q aboard China's Chang'e 6 lunar probe. Developed by the Institute of Space Technology (IST) in collaboration with Shanghai University SJTU and Pakistan's national space agency Suparco, iCube-Q marks a...

Philippines Main Airport Scrambles To Restore Normalcy After Power Cut

airport scrambles
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The Philippines' main gateway remained on reduced operations on Monday after a New Year power outage that jolted its air traffic control, with authorities scrambling to resume full service after more than 300 flights were disrupted. The ageing Ninoy Aquino international airport was early...

European Stock Futures Higher; PMI Data in Spotlight

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European stock markets are expected to open higher Monday helped by some bargain hunting after last week’s sharp selloff, but confidence remains brittle with a raft of manufacturing surveys likely to point to a slowing global economic recovery in the face of the new...

10-year yields highest since 2011 before expected Fed rate hike

Financial
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Data last week showed higher-than-expected consumer prices in August, dashing hopes that the worst of rising price pressures may be in the past. Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the...