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The UK's Competition and Markets Authority has launched a consultation to break up Apple and Google's effective duopoly on mobile platforms. The watchdog plans to force both tech giants to allow app developers to steer users to alternative, external payment methods.
The U.S. manufacturing sector surged in May 2026, marking its fifth consecutive month of expansion with an ISM Manufacturing PMI of 54%. Up 1.3 percentage points from April, this represents the highest reading since May 2022 and signals 19 straight months of overall economic growth. Demand, Output, and Supply Chain Metrics Accelerating Demand: Both the New Orders Index (56.8%) and the Production
Indonesia's Communications and Digital Ministry has partnered with Meta to form a joint working group. The collaboration aims to crack down on bot-driven online gambling promotions in social media comment sections, which surged 128% in June.
Amid lower overall volatility, GBP/USD is trading around the 1.31650 price zone and has risen above the 1.32440 price zone. Economic Calendar Although the Bank of England's Credit Conditions Survey and Financial Stability Report will be released, overall volatility is expected to remain low in the near term, except in the event of a sudden surge in demand for the U.S. dollar. GBP/USD
Bayer requested US duties on Chinese glyphosate to combat low prices. US farmers are angry, warning the move will increase their costs during a difficult economic period.
On the 4-hour chart of EUR/USD is locked in a primary bearish trend characterized by a descending channel and a series of lower highs and lower lows. The market is currently trading at 1.14005, consolidating just beneath its 60-period SMA and a critical immediate resistance zone between 1.14214 and 1.14530. If the price fails to break above this combined dynamic
Micron Technology shares ticked up 0.4% to close at $1,150.49 on the NASDAQ Tuesday, bouncing back from earlier profit-taking and moving closer to its recent 52-week high of $1,255.00. The recovery reflects strong investor confidence following the company's fiscal Q3 2026 earnings report, which underscored a massive, AI-driven surge in high-performance memory demand. Key Financial Highlights Staggering Revenue Growth: Revenue soared 345.72% year-over-year
Trump reported over $1.4 billion in 2025 income from crypto ventures like World Liberty Financial and various meme coins.
The Australian Bureau of Statistics has released its building approvals report for May 2026, revealing a complex landscape for the nation's construction sector. The data points to a divergence within the industry, marked by a slight contraction in residential approvals alongside a substantial surge in non-residential development values. In seasonally adjusted terms, total dwelling unit approvals fell by 1.1% to 17,019
Ukrainian drone strikes on energy infrastructure pushed Russian oil production down for a sixth month to 9.009 million bpd in May. This drop leaves Russia producing roughly 690,000 bpd below its agreed OPEC+ quotas, threatening vital Kremlin tax revenues despite a temporary surge in crude exports.
SAS has ordered up to 40 Airbus A330 widebody aircraft to expand its long-haul network. This deal marks the largest investment in the airline's history.
Crédit Agricole, Mastercard, and Worldline have successfully processed France's first agentic payment, allowing an AI to handle a transaction based on user-defined criteria.
Based on the 1-minute candlestick chart for USD/JPY, the currency pair exhibits a steady upward trend during the morning session, peaking near 162.500 before experiencing a massive, volatile flash-crash and rapid recovery around 12:30:00. This sharp downward spike pierced major support lines down toward the 162.000 handle before aggressive buying stepped in, establishing solid localized support levels at 162.2500 and
The US FAA is investigating after a JetBlue flight reported hitting a drone at 3,000 feet while approaching JFK airport. The plane landed safely with no damage.
The daily candlestick chart for AUD/USD shows a clear descending channel, with price action currently testing the lower boundary support after a sustained period of lower highs and lower lows. The pair recently closed at 0.68886, exhibiting compressed candle bodies that suggest immediate selling momentum may be stalling near structural support. A decisive break below the immediate horizontal floor at
The European Investment Bank has issued its largest-ever commercial loan of €3 billion to support research and development in Airbus's aviation and defense projects.
Brazil's CADE is negotiating with the government to create a specialized team for investigating anticompetitive practices by major tech firms like Google and Meta.
Southwest Airlines has ended seven nonstop routes from St. Louis to Midwest and California cities. The airline states it is shifting resources to other markets and now offers one-stop connections for these destinations.
A French court has ordered TotalEnergies to include customer-related "Scope 3" emissions in its vigilance plan. The company has six months to comply with the ruling.
The World Bank has indefinitely extended its climate policy but dropped specific climate-financing percentage targets following pressure from the U.S. administration.
Comcast is spinning off NBCUniversal and Sky into a separate, publicly traded media company to allow both businesses to focus on their unique growth strategies. Comcast will focus on its core connectivity business, including broadband and wireless networks. NBCUniversal will focus on media and entertainment, including film, TV, streaming, and theme parks. The tax-free separation is expected to be completed within one year. Shareholders
Apple is releasing iOS security patches early to quickly counter the rapid development of AI-driven hacking tools.
The Japanese yen has reached a historic 40-year low, with USD/JPY advancing toward the 162.500 price zone. Economic Calendar Volatility is expected to increase on Wednesday and Thursday as upcoming U.S. dollar-related events and economic data could drive stronger price movements across the FX market. USD/JPY Daily chart analysis The USD/JPY daily chart indicates a strong short-term bullish trend, with price consistently trading above
Switzerland is easing standards for US cars and medical devices to secure a trade pact and stabilize economic ties amid tariff talks.