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Thu, Oct 15, 2026 03:48 AM All times are UTC

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Renminbi Series

Chinese authorities likely to cap USD/CNY at 6.40 before SDR decision

Nov 24, 2015 05:06 am UTC| Commentary Central Banks

USD/CNY rate was fixed at 6.3867 by PBoC yesterday, this is the highest since August ending, which is an upside surprise to the market. This higher rate drove sell-off flows in CNY and CNH and the spread between both...

Australia’s Q3 GDP likely at 0.9%

Nov 24, 2015 05:05 am UTC| Commentary

The Australian Bureau of Statistics suggests that Australias trade deficit narrowed to $7.4bn in Q3, a $3.5bn improvement on Q2, in a preliminary estimate before the balance of payments release. Export earnings of...

Cabinet announcement drives TRY in upward trajectory

Nov 24, 2015 04:54 am UTC| Commentary

TRY surgedat theend of last week, following the new government unveiling its new cabinet in this week, albeit within the context of sharp hikes, this move should be viewed, also by other emerging market currencies in last...

Taiwan’s annual IP likely at 1% in 2015

Nov 24, 2015 04:46 am UTC| Commentary

Taiwans industrial production was dropped by 6.2% y/y in October. Consensus expected the industrial output to fall by -5.4%. Analysts believe that the y/y fall is likely to persist in November and December. But a...

Currency War Series

South Africa's SARB likely to hike 25bp further in January

Nov 24, 2015 04:45 am UTC| Commentary

The SARBs 25 bp repo rate hike last week to 6.25% was promising that ZAR/USD recovered from its lowest of 14.44, and it has outperformed most of its EM country currency peers in the week. The increased currency...

Mexico’s economy likely to expand by 0.4% q/q in Q4

Nov 24, 2015 04:16 am UTC| Commentary

Retail sales in Mexico recorded a fall of 1.1% m/m sa in September as a result of a strong decline in food and hardware sales. The retail sales posted an annual growth of 4.9% y/y during the same month.Since April 2015,...

Guide to today’s important data and events

Nov 24, 2015 04:03 am UTC| Commentary

Not many economic dockets scheduled for today and all with low to medium risks associated. Data released so far - Japan - Flash reading showed manufacturing PMI for November to rise to 52.8 from 52.4...

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Economy

US Inflation Surges in September, Raising Fed Rate Hike Bets

U.S. inflation accelerated in September, fueling expectations that the Federal Reserve could raise interest rates later this month as Wall Street reacted to stronger-than-expected consumer price pressures. Data released...

Container Ship Sinks in Strait of Hormuz as Iran Attacks Escalate

A Singapore-registered container ship sank in the Strait of Hormuz on Wednesday after being hit by an unidentified projectile, triggering a fire and raising fresh concerns over maritime security and global oil shipments....

Wall Street Falls as Hot US Inflation Fuels Fed Rate Hike Bets

Wall Street stocks closed lower on Wednesday as stronger-than-expected US inflation data revived expectations of a Federal Reserve interest rate hike, sending Treasury yields higher and pressuring technology shares. The SP...

US Dollar Hits 18-Month High as Inflation Fuels Fed Rate Hike Bets

The U.S. dollar surged on Wednesday, approaching an 18-month high after stronger-than-expected U.S. inflation data revived expectations that the Federal Reserve could raise interest rates at its October meeting. The U.S....

China Bank Lending Rebounds in September, Beats Forecasts

Chinas new bank lending surged in September, exceeding market expectations as Beijing intensified monetary stimulus measures to support its slowing economy. However, weak annual credit growth continued to highlight subdued...

Politics

US Justice Department Drops Prosecution of Ex-CIA Analyst Sue Mi Terry

The US Justice Department has agreed to defer prosecution of former CIA analyst and White House National Security Council official Sue Mi Terry, who was accused of acting as an unregistered foreign agent for South Korea in...

UN Urges Talks on Lebanon Peacekeeping Mission Extension

United Nations peacekeeping chief Jean-Pierre Lacroix has urged the UN Security Council to begin negotiations over the future of UN peacekeepers in Lebanon as the country seeks to extend the missions mandate beyond...

FBI Denies Report of Kash Patel’s Russia Visit

The Federal Bureau of Investigation (FBI) denied reports on Wednesday that Director Kash Patel had traveled to Russia for meetings with Russian intelligence officials, confirming instead that he was attending a law...

Zelenskiy Says Trump’s Support for Russia Is ‘Painful’

Ukrainian President Volodymyr Zelenskiy expressed disappointment with US President Donald Trump on Wednesday, describing Washingtons apparent shift toward Russia as painful amid the ongoing Ukraine-Russia war. Speaking...

Netanyahu Rejects Preemptive Iran Strike Ahead of Israel Election

Israeli Prime Minister Benjamin Netanyahu said Wednesday that he opposes launching a preemptive military strike against Iran before Israels October 27 election, while warning Tehran and its regional allies that any attack...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Anduril Valuation Hits $90 Billion in Employee Share Sale

Anduril Industries, a leading U.S. defense technology startup, has launched an employee share tender offer that values the company at approximately $90 billion, according to a Bloomberg report published Wednesday. The...

Nvidia CEO Jensen Huang Open to Cutting Chip Supply Over Unsafe AI

Nvidia CEO Jensen Huang said the company could stop supplying artificial intelligence chips to customers developing dangerous AI software, although he believes many current concerns about AI safety are exaggerated....

Apple Intelligence Set for China Launch in December With iOS 27.3

Apple Inc. is reportedly preparing to launch its Apple Intelligence artificial intelligence platform in mainland China this December, marking a significant step in expanding its AI services into one of its most important...

BlackRock CEO Warns Data Center Ban Could Trigger US Recession

BlackRock CEO Larry Fink has warned that a nationwide halt to data center construction could push the United States into a recession, highlighting the growing importance of artificial intelligence (AI) investment to the US...

AI Crypto Payments Surge to 138 Million Transactions on Base

Artificial intelligence (AI) agents are increasingly using cryptocurrency to purchase digital services, with more than 138 million transactions recorded through the x402 payment protocol on Coinbases Base blockchain,...