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New Zealand’s building work grows strongly in Q2, positive trend likely to continue

Sep 02, 2016 06:34 am UTC| Commentary Economy

The volume of building work in New Zealand grew robustly in the second quarter, with widespread strength seen throughout residential and non-residential elements. Given the huge construction sector pipeline, the positive...

FxWirePro: The Day Ahead- 2nd September, 2016

Sep 02, 2016 05:14 am UTC| Commentary Economy

Not many economic dockets and events are scheduled for today but some with high volatility risks associated. Data released so far: Japan: Consumer confidence marginally improved to 42. Upcoming: Spain:...

Chart of the Day Series

Chart of the Day: Gambling on

Sep 01, 2016 14:04 pm UTC| Commentary Economy

Macau gaming revenue expanded for the first time since May 2014. The Macau is so dependent on gaming andon Chinese tourists that a slowdown in worlds second largest economy led to a GDP contraction of 26 percent in the...

Saudi interbank rate points trouble ahead

Sep 01, 2016 12:12 pm UTC| Commentary Economy

Saudi Arabias may continue to produce more barrels of oil as if lower prices dont hurt them but a few of the data which are reliably available say otherwise. One of such is Saudi interbank rates, the rates at which banks...

Euozone’s July banking data underpins moderate growth expectations

Sep 01, 2016 11:20 am UTC| Commentary Economy

The market turbulence after the Brexit vote was feared to have an adverse effect on euro areas bank lending. But the July data does not underpin the strongest fears as credit growth remained positive and downward trend in...

Worrisome Signs Series

Worrisome Signs Series: Weak Baltic index claims Hanjin as victim

Sep 01, 2016 10:57 am UTC| Commentary Economy

Relentless slide in Baltic indexes, which are extensively used by shipping industry as a rate to charge for shipping has finally claimed a major victim and that is Hanjin shipping, which is the largest container carrier in...

UK Markit/CIPS manufacturing PMI records one of its sharpest rebounds in August

Sep 01, 2016 10:50 am UTC| Insights & Views Economy

Data released earlier on Thursday showed that British manufacturing staged one of its sharpest rebounds on record in August. Markit/CIPS Purchasing Managers Index (PMI) spiked to a 10-month high of 53.3 in August after...

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Economy

Asian Markets Hold Steady Ahead of Trump's Iran Deadline as Oil Tops $110

Asian equity markets traded within tight ranges on Tuesday as cautious investors stepped back from risk assets ahead of a critical U.S. deadline tied to the escalating Iran conflict. With President Donald Trump warning...

Asian Currencies Hold Steady as Trump's Iran Deadline Rattles Markets

Most Asian currencies and the U.S. dollar remained largely unchanged on Tuesday as global investors adopted a cautious stance ahead of President Donald Trumps looming deadline for potential military action against Iran....

Global LNG Exports Drop 4% in Q1 2026 as Qatar Shutdown Reshapes Energy Markets

Global liquefied natural gas exports declined 4% quarter-on-quarter in the first three months of 2026, falling to 115 million tonnes, as Qatars sudden terminal shutdown in March sent ripples across international energy...

ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock

The European Central Bank faces mounting pressure to act decisively as inflation risks intensify across the euro zone. ECB Governing Council member Dimitar Radev has cautioned that price expectations could shift more...

Energy Prices and Dollar Climb as U.S.-Iran Conflict Grips Global Markets

The U.S. dollar remained close to recent highs on Tuesday as global markets braced for a critical deadline set by President Donald Trump, demanding Iran reopen the Strait of Hormuz to international shipping or face...

Politics

Russia Secretly Aids Iran With Satellite Intelligence and Cyber Support Across the Middle East

A Ukrainian intelligence assessment has revealed that Russian satellites conducted at least 24 detailed reconnaissance missions over 11 Middle Eastern countries between March 21 and 31, surveying 46 strategic locations to...

Trump May Delay Iran Military Strike If Diplomatic Deal Shows Promise

President Donald Trump is reportedly open to postponing planned military action against Iran should credible signs of a diplomatic breakthrough emerge, according to multiple media outlets citing an Axios report. U.S....

Iran-Israel War Escalates as Trump's Ceasefire Deadline Looms

Tensions in the Middle East reached a critical flashpoint as Iran and Israel continued exchanging strikes, with Tehran firmly rejecting a U.S.-brokered ceasefire proposal just hours before a deadline issued by President...

Vance Visits Hungary to Back Orban Ahead of Pivotal 2025 Elections

U.S. Vice President JD Vance is traveling to Hungary this week in a show of political solidarity with Prime Minister Viktor Orban, who faces his most difficult re-election battle since coming to power in 2010. The two-day...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...
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