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Sun, Sep 29, 2024 07:27 AM All times are UTC

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US CPI expected to rise modestly in July before an August dip

Aug 18, 2015 14:48 pm UTC| Commentary

The Bureau of Labor Statistics (BLS) survey of consumer goods and services costs in July will provide the first of two important updates on retail inflation heading into the Federal Open Market Committees (FOMC) September...

US Q3 GDP tracking 2.7% after strong July housing starts

Aug 18, 2015 14:42 pm UTC| Commentary

Housing starts rose 0.2% m/m in July, to 1.206mn, coming above forecast (1.09mn) and consensus expectations (1.18mn) from an upwardly revised level for June starts (1.204mn, initial: 1.174mn). Multi-family family starts...

Near-term UK inflation to remain subdued

Aug 18, 2015 12:48 pm UTC| Commentary

UK inflation data for July is released this morning. The inflation data caused the analysts to revise their forecasting for many indicators. These upward revisions are partially offset by lower oil price assumptions...

A look at Spain's growth

Aug 18, 2015 12:35 pm UTC| Commentary

Spains Q2 GDP data released on 30th July indicates a steady recovery from recession as the economy accelerated to 3.1% yoy in Q2, 2015 from -2.7% at the end of 2012. After an initial spurt from net trade, the recovery...

CFA Institute Analyst speaks on Blockchain and future of finance

Aug 18, 2015 12:07 pm UTC| Digital Currency Commentary

Speaking to Exponential Magazine, Svi Rosov, a CFA Institute capital markets policy analyst, said that as a result of the continuing transition of markets from a human-based ecology to a machine-based one, more flash...

Rise in UK core inflation due to timing effects

Aug 18, 2015 10:26 am UTC| Commentary

UK core CPI rebounded to +1.2% y/y in July, up 0.3pp versus June. The ONS analysis of the data highlighted clothing prices as a key driver, as clothing prices were less weak m/m in July 2015 than a year ago. This reflects...

Conab and Unica with different views on Brazilian sugar production

Aug 18, 2015 10:26 am UTC| Commentary

The raw sugar price is still hovering close to the seven-year low it hit last Monday, closing yesterday at 10.63 US cents per pound in the contract with an October maturity date. The latest estimate from the Brazilian...

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Economy

China's Financial Markets Surge as Policy "Bazooka" Sparks Debate on Economic Recovery

Beijing Financial markets in China have experienced a surge following the announcement of new government policies that analysts have likened to a bazooka stimulus. The measures are primarily aimed at driving a rally in...

Japan's LDP Candidate Ishiba Signals Support for Accommodative Monetary Policy

Shigeru Ishiba, a key contender in Japans Liberal Democratic Party (LDP) leadership race, emphasized Sunday that the countrys monetary policy should maintain an accommodative stance to support the fragile economic...

TD Bank Nears Guilty Plea Over U.S. Money Laundering Allegations

TD Bank is reportedly nearing a guilty plea regarding criminal charges alleging that its U.S. retail banking arm failed to curb money laundering, according to The Wall Street Journal. The alleged laundering activities are...

Nvidia Shares Fall as China Pushes for Domestic AI Chips Over U.S. Tech

Nvidia Corporation (NASDAQ) saw its shares fall on Friday after reports emerged that Chinese regulators are encouraging local companies to buy artificial intelligence (AI) chips made in China rather than those produced by...

Thrive Capital to Invest Over $1 Billion in OpenAI’s $6.5 Billion Funding Round

Thrive Capital is set to invest more than $1 billion in OpenAIs ongoing $6.5 billion fundraising round, sources familiar with the matter said Friday. Thrive also has a unique opportunity that other investors in the round...

Politics

부유한 투자자 57%, 해리스 지지 계획… 43%는 트럼프 선호 - 설문조사

최근 UBS 설문조사에 따르면, 다수의 부유한 투자자들이 다가오는 미국 대선에서 카말라 해리스 부통령을 지지할 계획인 것으로 나타났다. 해당 설문조사에서 부유한 투자자의 57%가 해리스를 선호하는 반면, 43%는 도널드 트럼프 전...

이스라엘, 레바논과 휴전 논의 지속할 것이라고 네타냐후 밝혀

베냐민 네타냐후 이스라엘 총리는 금요일(현지시간) 이스라엘이 향후 며칠간 레바논과의 휴전 제안을 계속 논의할 것이라고 밝혔으며, 워싱턴은 추가적인 충돌이 양측 민간인들의 귀환을 더욱 어렵게 만들 것이라고 경고했다. 이스라엘...

한국, 이시바 총리 체제 일본과 우호 관계 구축할 것

한국 외교부는 이시바 시게루가 일본 집권당의 당수로 선출된 이후 일본의 새 내각과 함께 가장 가까운 이웃이자 파트너인 일본과 긍정적인 관계를 구축하기 위해 협력할 것을 기대한다고 밝혔다. 윤석열 대통령은 일본의 전시 역사로...

이시바 시게루, 다섯 번째 도전 끝에 일본 총리로 선출

일본의 차기 총리로 선출된 이시바 시게루는 금요일 (현지시간) 다섯 번째이자 자신이 말하는 마지막 총재 도전에서 승리한 후 집권당을 쇄신하고, 경제를 부흥시키며, 강대국 이웃들의 안보 위협에 대응하겠다고 밝혔다. 67세의 전...

바이든 행정명령, 3D 총기 규제 및 학교 총격 대응 훈련 개선 기대

로이터통신에 따르면 조 바이든 미국 대통령과 카말라 해리스 부통령은 목요일 (현지시간) 3D 프린팅 및 개조된 총기로 인한 위협에 대응하고 학교의 총격 대응 훈련을 개선하기 위한 새로운 행정명령을 발표했다. 바이든이 백악관...

Science

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

SpaceX Enhances Crew Dragon Safety with Emergency Thruster Landing Capability for Crews

SpaceX has introduced a significant safety enhancement to its Crew Dragon spacecraft, allowing the use of thrusters for emergency landings if parachutes fail. This new feature will be active in the upcoming Crew 9 mission,...

SpaceX Nears 4 Million Starlink Customers and Invests $3 Billion in Texas Starship Development

SpaceX is on the verge of hitting four million Starlink customers, according to President Gwynne Shotwell. The company has invested $3 billion into Starship facilities in Texas, emphasizing the significance of Starship for...

SpaceX Criticizes FAA Over Licensing Delays and 'Inaccurate' Testimony in Congressional Hearing

SpaceX has called out the Federal Aviation Administration (FAA) for making incorrect and concerning claims during a congressional hearing. The tension centers around SpaceXs licensing challenges for Starship missions and...

Technology

Apple Withdraws from OpenAI Investment Talks Ahead of $6.5 Billion Funding Round: WSJ Reports

Apple has reportedly pulled out of negotiations to join OpenAIs $6.5 billion funding round, according to The Wall Street Journal. The decision leaves Microsoft and Nvidia as potential key investors in OpenAI, which is...

Bitcoin Soars Past Gold: Michael Saylor Says BTC's 51% Surge Crushes Traditional Assets

Bitcoin continues its meteoric rise in 2024, boasting a 51% year-to-date gain that outstrips gold and real estate. Michael Saylor of MicroStrategy underscores Bitcoins superior performance as it reclaims $66,000,...

PEPE Rockets 16%—Is the Meme Coin Set to Kickstart a Massive Altcoin Boom?

PEPE surged by 16%, reigniting excitement in the crypto space as traders wonder if this spike is the precursor to an altcoin season. With a market cap of $4.74 billion, the meme coin is showing signs of leading the charge,...

Tesla's Mystery Prototype Spotted in California—Is This the Game-Changing $25K EV?

A camouflaged Tesla Model 3 prototype, potentially signaling Teslas rumored $25,000 electric vehicle, was spotted in California. The sighting has reignited speculation about Teslas push to dominate the affordable EV...

Hamster Kombat Token Ignites $1.2 Billion Trading Frenzy—TON Network Faces Massive Airdrop Pressure

Hamster Kombats highly anticipated HMSTR token launch sparked over $1.2 billion in trading within 24 hours, putting The Open Network under immense pressure from distributing a massive airdrop to potentially 100 million...