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Sat, Apr 11, 2026 04:53 PM All times are UTC

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Central Bank of Turkey likely to cut interest rate by 50 bps in January

Jan 15, 2020 12:41 pm UTC| Commentary

The Central Bank of Turkey is set to meet tomorrow for its interest rate decision. According to a Barclays research report, the Turkish central bank is expected to extend the monetary policy easing cycle and cut the...

U.K. consumer price inflation decelerates unexpectedly in December, BoE likely to cut rate in January

Jan 15, 2020 12:03 pm UTC| Commentary

The U.K. headline inflation eased unexpectedly in the month of December. On a year-on-year basis, the consumer price inflation slowed to 1.3 percent from Novembers 1.5 percent, increasing market expectations of a cut in...

German economic growth rebounds slightly in Q4 2019, decline in industrial production likely to slow in months ahead

Jan 15, 2020 11:33 am UTC| Commentary

The German economy has rebounded slightly in the fourth quarter of 2019 compared with the third quarter, according to the Federal Statistical Office (Destatis). For the whole of 2019, the German economy grew 0.6 percent,...

Swedish inflation rises slightly below expectations in December, energy prices to weigh in on inflation going forward

Jan 15, 2020 10:16 am UTC| Commentary

Swedish headline consumer price inflation accelerated slightly on a sequential basis in December. The CPI index rose to 0.39 percent from Novembers 0.1 percent, as compared with consensus expectations of 0.4 percent. On a...

French consumer price inflation accelerates in December on sharp rebound in energy prices

Jan 15, 2020 09:05 am UTC| Commentary

French consumer price inflation accelerated sequentially, driven by higher prices in energy and food. According to the French official statistical office, INSEE, on a month-on-month basis, the headline inflation came in at...

Japanese yen likely to appreciate modestly against USD in coming year

Jan 15, 2020 07:31 am UTC| Commentary

The Japanese yen has resisted the wider strengthening of the USD in the past year, reflecting sporadic demand for safe-havens in the midst of vacillating trade, geopolitical and market risks, noted Scotiabank in a research...

Australian housing credit likely to remain weak in H1 2020

Jan 15, 2020 05:45 am UTC| Commentary

Australias housing credit growth has stayed weak in this easing cycle as compared to other recent cycles, in spite of the dramatic turn I house prices since the mid of 2019 and the increase in new housing finance...

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Economy

Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns

The Federal Reserve has launched a formal inquiry into major U.S. banks and their financial ties to the private credit sector, raising fresh concerns about systemic risk across the $1.8 trillion industry. The move comes as...

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

The ongoing Middle East war is sending shockwaves through the global economy, and even a fragile ceasefire brokered by U.S. President Donald Trump may not be enough to prevent lasting damage, World Bank President Ajay...

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

Politics

Iran's Lost Mines Threaten Strait of Hormuz Reopening and Global Oil Markets

A major obstacle has surfaced in efforts to reopen the Strait of Hormuz after Iran admitted it can no longer locate or recover all of the naval mines it deployed in the critical waterway, according to a New York Times...

MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions

American lawmakers are advancing one of the most aggressive semiconductor export control bills ever proposed. The Multilateral Alignment of Technology Controls on Hardware Act, widely known as the MATCH Act, has drawn...

FAA and Pentagon Approve Laser Counter-Drone System Along U.S.-Mexico Border

The Federal Aviation Administration and the Pentagon have reached a landmark agreement authorizing the deployment of a high-energy laser counter-drone system along the southern U.S. border. This milestone follows extensive...

Eric Swalwell Faces Sexual Assault Allegations Amid California Governor's Race

California Democratic Congressman Eric Swalwell is facing serious sexual assault allegations from a former district office staffer, throwing his prominent gubernatorial campaign into turmoil. The accusations, first...

Iran's Missile Arsenal Poses Ongoing Risk Despite U.S. Claims of Destruction

Recent U.S. intelligence assessments reveal that Iran still maintains thousands of operational ballistic missiles, directly contradicting the White Houses assertion that the regimes military capabilities have been...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

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

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...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...