Macro Scene

Apple tops $5 trillion valuation to become world’s largest company

Apple has become the second company in history to surpass a market capitalisation of $5 trillion, strengthening its position as the world’s largest listed...
Macro Scene
Maria Irene

IEA floats record oil reserve release as prices stay elevated

Energy markets are watching a proposal from the International Energy Agency that could lead to the largest coordinated release of strategic oil reserves ever...
Maria Irene

Middle East Tensions Shut Down 3 Million Barrels a Day as...

Oil traders are preparing for a volatile start to the week as markets reopen following fresh escalation across the Middle East that has already...
Maria Irene

Shipping Costs for US Crude Surge as Tanker Rates Spike

The cost of transporting crude oil from the United States to Asia has jumped sharply, placing new strain on global oil supply chains and...
Maria Irene

President Trump Says Wars Could Be Fought “Forever” With ‘Virtually Unlimited’...

President Donald J. Trump declared Tuesday that the United States possesses a “virtually unlimited” supply of munitions, claiming current stockpiles are strong enough to...
Maria Irene

Tech Giants to Pledge Self-Funded Power for AI Data Centres in...

Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI are preparing to sign an agreement with the Trump administration aimed at securing dedicated electricity supplies...
Maria Irene

Foreign Investors Drive Record Surge in Japan’s 20 Year Bond Futures

Foreign investors are moving decisively into Japanese government bonds, pushing open interest in 20 year futures to a record 44,093 contracts last week, according...