AI infrastructure spend on track to rival world’s largest economies, Goldman says
Goldman Sachs estimates capex from Meta, Microsoft, Amazon and Alphabet will reach $5.3 trillion by 2030, more than J ...
ICYMI – Kuwait targets 70% oil output recovery within weeks of Hormuz reopening
Kuwait could restore 70% of oil output within 6-8 weeks of a Hormuz reopening, KPC said, as ADNOC warned full transit ...
RBA governor faces Senate grilling as CBA sees rates on hold after three straight hikes
Summary:Australia’s economy grew 0.3% in Q1 2026, with annual growth steady at 2.5%, driven by household consum ...
Australian April Exports leap higher at +7.2% m/m (vs. -2.7% prior)
Australian April 2026 trade data, gives a trade balance of 1.791bn AUD surplusexpected -1.61bn, prior -1.84bnI’ ...
ANZ commodity index rises on tight supply, but NZD gains clip export returns
ANZ’s world commodity price index rose 0.7% in May, led by aluminium prices up 49.1% y/y after Persian Gulf pro ...
PBOC sets USD/ CNY reference rate for today at 6.8203 (vs. estimate at 6.7770)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here.Zero 7-day reverse ...
The Bitcoin puke continues. Back near $62K
Imma never gonna sell …. and then I did, LOL: ICYMI! Strategy sells Bitcoin for first time since 2022, breaking ...
PBOC is expected to set the USD/CNY reference rate at 6.7770 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
Trump told aides he would end Iran ceasefire if Tehran kills US troops, WSJ cite officials
Trump has privately told aides he would only end the Iran ceasefire if US troops are killed, and acknowledged the blo ...
Trump official says US food supply, safety, not in danger from ‘fully contained’ screwworm
Trump and his officials have undermined their own credibility time and time again on so many issues, so just a heads ...
Trump official says US food supply, safety, not in danger from ‘fully contained’ screwworm
Trump and his officials have undermined their own credibility time and time again on so many issues, so just a heads ...
Oil update, price a little lower. New Israel-Lebanon ceasefire hopes.
The news:Here we go again. Israel, Lebanon agree ceasefire framework, but Hezbollah holds the key.
This article w ...