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Daily Economic Outlook: 18th November, 2015

Nov 18, 2015 05:36 am UTC| Commentary

In the United States, housing starts and building permits will update the performance of housing market. Construction in the U.S. has accelerated as the housing sales have started growing this year. After a surge in...

U.K. CPI inflation likely to rise by 1.5% in 2016

Nov 18, 2015 05:19 am UTC| Commentary

In United Kingdom, the CPI inflation data increased marginally and stood at 1.1% yoy in October against 1.0% in the previous month. The month on month PPI input figure increased by 0.2% In October against 0.5% in...

U.S. manufacturing may fall further

Nov 18, 2015 05:01 am UTC| Commentary

In the United State, total industrial production declined by 0.2% m/m in October. Total manufacturing output, in contrast, expanded by 0.4% m/m in the same month from -0.1% in September. Alongside encouraging signs of...

U.S. CPI increases on core strength

Nov 18, 2015 04:42 am UTC| Commentary

In the United States, the CPI was moving in downward trend in last two months, changed its direction in October. The headline CPI rose by 0.2% m/m in seasonally adjusted terms and the core CPI also increased by same...

U.S. Q4 GDP likely to post 2.4% growth

Nov 18, 2015 04:26 am UTC| Commentary

The elements of the CPI that is utilized as deflator in core retail sales were weaker than expected in October. Barclays estimates the PCE control group deflator inched down by , fell 0.1% m/m in October against +0.2% m/m...

Indian markets to focus on domestic and external cues

Nov 18, 2015 02:21 am UTC| Commentary

Indian markets regained balance yesterday after the weekends terror attacks in Paris, with focus next on domestic and external cues. Into Nov, foreign portfolio investors have maintained a cautious stance. After a brief...

Indonesia vigilant in loosening monetary policy stance

Nov 18, 2015 01:42 am UTC| Commentary

As widely expected, Bank Indonesia (BI) kept its policy rates unchanged on Tuesday. BI lowered the primary reserve requirement rate from 8% to 7.5%, however, to signal the shift to a looser policy stance. CPI inflation is...

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Economy

Australia Inflation Surges in March as Fuel Prices Spike Amid Middle East Conflict

Australias consumer price index (CPI) rose sharply in March, driven largely by higher fuel costs linked to geopolitical tensions in the Middle East. According to data released by the Australian Bureau of Statistics (ABS),...

Gold Prices Fall as Strong Dollar and Rising Oil Prices Pressure Markets

Gold prices dropped sharply on Tuesday, reaching their lowest level in nearly a month as a stronger U.S. dollar and rising oil prices weighed on investor sentiment. Spot gold declined 1.8% to $4,597.06 per ounce, while...

Oil Prices Slip Amid UAE’s OPEC Exit and Ongoing Iran Conflict Concerns

Oil prices edged lower on Wednesday after reaching a three-week high, as global markets reacted to the United Arab Emirates decision to exit the OPEC alliance. Despite the dip, continued geopolitical tensions surrounding...

U.S. Stock Futures Edge Higher Ahead of Big Tech Earnings and Fed Decision

U.S. stock index futures moved slightly higher on Tuesday evening after a weak Wall Street session, as investors turned their attention to upcoming Big Tech earnings and the Federal Reserves policy decision. SP 500 Futures...

Dollar Strengthens as US-Iran Tensions and Central Bank Decisions Drive Currency Markets

The U.S. dollar strengthened on Tuesday as investors reacted to stalled negotiations between the United States and Iran, alongside anticipation surrounding a busy week of global central bank interest rate decisions. The...

Politics

King Charles Reaffirms UK-US Alliance Amid Global Tensions

King Charles III delivered a historic speech to the U.S. Congress, emphasizing the enduring strength of the UK-US alliance during a period marked by geopolitical uncertainty and strained relations. Addressing lawmakers,...

White House Defends Trump’s FIFA Peace Prize Amid Global Criticism

The White House has strongly defended the decision to award U.S. President Donald Trump the inaugural FIFA Peace Prize, pushing back against growing criticism from human rights organizations, athletes, and international...

Trump Meets King Charles: “Two Kings” Moment Sparks Debate on Presidential Power

U.S. President Donald Trump drew attention during a White House event welcoming King Charles and Queen Camilla, making remarks that blended history, symbolism, and political messaging. Reflecting on the shared heritage of...

U.S. Envoy Julie Davis to Retire Amid Ukraine War Diplomacy Challenges

Acting U.S. Ambassador to Ukraine Julie Davis is set to step down from her role in Kyiv and retire from the State Department in June 2026, according to U.S. officials. Her departure comes at a critical moment, as...

Trump-Iran Conflict Escalates as Nuclear Talks Stall and Oil Prices Surge

Efforts to resolve the ongoing Iran conflict have reached a critical deadlock, with U.S. President Donald Trump rejecting Tehrans latest proposal aimed at ending the two-month war. The geopolitical tensions between the...

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

T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth

T-Mobile US Inc. (NASDAQ: TMUS) delivered a strong first-quarter performance, surpassing analyst expectations thanks to robust postpaid subscriber growth and rising service revenues. The wireless carrier reported adjusted...

Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook

Seagate Technology PLC (NASDAQ: STX) delivered impressive third-quarter results that surpassed Wall Street expectations, driving a sharp rise in its stock price. The data storage leader reported adjusted earnings per share...

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...
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