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Eurozone economy slowed in Q2, in line with expectations

Jul 29, 2016 14:17 pm UTC| Commentary

According to the preliminary estimates released on Friday, the Euro area recorded a tepid economic growth of 0.3 percent q/q in Q2 2016. The reading matched market expectations but halved the growth recorded in the...

Eurozone moves away from deflation in July

Jul 29, 2016 13:54 pm UTC| Commentary

The flash reading from Eurostat, Europes statistics office showed eurozone inflation rose to 0.2 percent in July from 0.1 percent in the previous month. Inflation was at its highest since the end of last year and better...

Chart of the Day Series

Chart of the Day: Policy Analyzer

Jul 29, 2016 13:32 pm UTC| Commentary Central Banks

This nice policy analyzer from John Kicklighter of Dailyfx Research explains a lot to understand, which policy adaptation might lead to which outcome. From the Neutral point as move more towards left the policy becomes...

NZ bonds close higher as oil prices fall on global supply glut

Jul 29, 2016 13:30 pm UTC| Commentary

The New Zealand government bonds closed modestly firmer on Friday after oil prices fell to fresh April lows as slowing economic growth threatened to worsen ongoing oversupply of crude and refined products. The yield on the...

US Treasuries gain on weaker than expected Q2 GDP growth, low risk appetite

Jul 29, 2016 13:07 pm UTC| Commentary

The US Treasuries gained on Friday after data showed that the second-quarter gross domestic product (GDP) increased weaker than expected. Also, investors poured into safe-haven instruments amid losses in riskier assets...

Commodities snapshot (precious & industrial)

Jul 29, 2016 13:01 pm UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is higher this week as Fed kept rates on hold and found support around $1300 area. Todays range $1328-1348 We expect gold...

Eurozone unemployment stable in June, sets off hopes of economic recovery

Jul 29, 2016 12:52 pm UTC| Commentary

Unemployment rate in the Euro area stagnated during the month of June, spurring hopes for an economic revival in the common currency bloc. However, jobless rate did not dive, which is indeed, good news for the zone which...

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Economy

Trump Plans 25% Tariff on EU Car Imports Amid Rising U.S.-EU Trade Tensions

The United States is preparing to increase tariffs on European Union car imports to 25%, a move that could significantly impact global trade and the automotive industry. U.S. Trade Representative Jamieson Greer confirmed...

Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress

Irans Foreign Minister Seyed Araghchi has cautioned that escalating military actions will not resolve the ongoing Hormuz crisis, emphasizing instead the importance of diplomatic negotiations. In a recent statement,...

Asian Markets Slip Amid Strait of Hormuz Tensions and RBA Rate Hike Expectations

Asian stock markets declined on Tuesday as investor sentiment weakened בעקבות escalating geopolitical tensions in the Strait of Hormuz and anticipation of further monetary tightening in Australia. Regional trading activity...

Oil Prices Ease in Asian Trade as Gulf Tensions and Hormuz Shipping Risks Weigh on Markets

Oil prices slipped during Asian trading on Tuesday following a strong rally in the previous session, as investors balanced rising geopolitical tensions in the Gulf with U.S. efforts to stabilize critical shipping routes....

Yen Volatility and Middle East Tensions Drive Dollar Strength in FX Markets

The Japanese yen remained a focal point in global foreign exchange markets on Monday, as it trimmed earlier gains against the U.S. dollar following a sharp rally driven by speculation of government intervention. The...

Politics

Dominican Republic Halts GoldQuest Mining Project Amid Environmental Protests

The Dominican Republic has ordered the suspension of all activities tied to GoldQuest Minings proposed gold and copper development, following large-scale protests driven by environmental concerns. President Luis Abinader...

South Korea Probes Explosion on HMM Vessel in Strait of Hormuz Amid Rising Tensions

South Korea announced an investigation into the cause of an explosion and fire aboard a South Korean-operated cargo ship in the Strait of Hormuz, a critical global shipping route. The incident, which occurred on Monday,...

Russian Missile Strike on Merefa Kills 7, Injures Dozens in Kharkiv Region

A devastating Russian missile attack struck the town of Merefa in Ukraines northeastern Kharkiv region on Monday morning, leaving at least seven people dead and more than 30 injured, according to Ukrainian officials. Among...

Strait of Hormuz Crisis Deepens Amid U.S.-Iran Military Escalation

Tensions in the Strait of Hormuz have escalated sharply as the United States and Iran exchange new attacks, raising concerns over global energy security and maritime trade. The vital shipping corridor, responsible for a...

U.S. Military Counters Iranian Threats in Strait of Hormuz Amid Escalating Tensions

The United States military announced it successfully destroyed six Iranian small boats and intercepted multiple cruise missiles and drones in the Strait of Hormuz, highlighting rising tensions in one of the worlds most...

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

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...

Technology

Apple Explores Intel and Samsung Partnerships to Diversify Chip Supply Chain

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Intel Corp. (NASDAQ: INTC) and Samsung Electronics (KS: 005930) as part of a strategic effort to expand its chip manufacturing partnerships. According...

Palantir Reports Record Growth, Raises 2026 Revenue Outlook Above Expectations

Palantir Technologies delivered its strongest sales growth since going public, reporting impressive first-quarter 2026 results that exceeded Wall Street expectations and boosted investor confidence. The company announced...

Anthropic Secures $1.5B AI Venture Backed by Wall Street Giants, Shaking Software Sector

Anthropic has reportedly secured $1.5 billion in funding for a new artificial intelligence joint venture backed by major Wall Street firms, signaling a significant shift in the AI and enterprise software landscape....

Meta Plans $13B AI Data Center Financing in Texas Amid Surging Big Tech Investment

Meta Platforms is reportedly partnering with Morgan Stanley and JPMorgan Chase to secure a massive $13 billion financing package for its planned data center in El Paso, Texas. According to sources cited by Reuters, the...

Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market

Anthropic is reportedly nearing completion of a major $1.5 billion joint venture with leading financial institutions, including Blackstone and Goldman Sachs, aimed at expanding the use of artificial intelligence tools...
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