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Tue, Apr 28, 2026 08:59 AM All times are UTC

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Mixed picture for October euro area PMIs

Oct 22, 2015 07:02 am UTC| Commentary

The flash PMIs released this week to show a mixed picture, with positive numbers from France but considerable weakening in Germany.Despite the disappointing Bank of France survey and our forecast for the INSEE survey,...

USD/NOK currency outlook

Oct 22, 2015 07:00 am UTC| Commentary

The consolidation in crude oil prices just under $50/bbl has left the Norwegian krone little changed over the past month. A surprise 25 bps interest rate cut by the Norges bank in September saw only a temporary spike...

US existing home sales probably rose modestly last month

Oct 22, 2015 06:54 am UTC| Commentary

The preliminary canvass of available Multiple Listing Service data, along with lagged pending home sales figures, suggest that the number of existing dwellings closed on rose by 1.3% to a seasonally adjusted annual rate of...

NZD/USD currency outlook

Oct 22, 2015 06:51 am UTC| Commentary

The New Zealand dollar has been the best-performing G10 currency over the last month. Market expectations of another 25 bps interest rate cut from the central bank- the fourth consecutive cut and possibly the last - have...

BoC downgrades its outlook for economic growth in Canada

Oct 22, 2015 06:45 am UTC| Commentary

Bank of Canada left its key policy rate unchanged at 0.50%. The Bank judges the current level of the overnight rate to be appropriate, but maintained a cautious tone in its outlook, acknowledging global risks and citing...

Oil prices and commodities reverse from October run up

Oct 22, 2015 06:24 am UTC| Commentary

Why are commodities going down after their big October rally? Certainly, today U.S. Crude Oil inventories were more than twice expectations.But is that it; an oil glut? We have heard that Iran, once sanctions are removed...

Sweden trade union fails to reach common grounds

Oct 22, 2015 06:17 am UTC| Commentary

The Swedish Trade Union Confederation (LO), with 14 affiliates and in total almost 1.5 million members, failed to reach a common approach ahead of the coming pay talks. The various trade unions will thus negotiate...

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Economy

BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build

The Bank of Japan (BOJ) held its interest rates steady on Tuesday, but growing internal support for tightening monetary policy highlights increasing concern over inflation pressures, particularly those linked to the...

European Stocks Slip as U.S.-Iran Tensions and Earnings Season Weigh on Markets

European stock markets edged lower on Tuesday as investors adopted a cautious stance ahead of key central bank meetings and a busy week of corporate earnings. Ongoing geopolitical tensions, particularly the stalled...

Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding

Ukraine is under increasing pressure to introduce a value-added tax (VAT) on low-value parcels from abroad as part of efforts to keep its $8.1 billion International Monetary Fund (IMF) program on track. The IMF review...

Gold Prices Drop Amid Iran War Concerns, Rising Oil Costs, and Hawkish Central Bank Signals

Gold prices declined sharply during Asian trading on Tuesday as rising oil prices and hawkish signals from the Bank of Japan (BOJ) heightened concerns about global inflation and interest rate policies. Spot gold fell by 1%...

China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.

The Beijing Auto Show is drawing global attention as it highlights a dramatic shift in the automotive market: electric vehicle (EV) prices in China are significantly lower than in the United States. Intense competition...

Politics

King Charles Addresses U.S. Congress, Emphasizes UK-US Alliance Amid Political Tensions

Britains King Charles III is set to deliver a historic address to the U.S. Congress on Tuesday, reinforcing the long-standing special relationship between the United Kingdom and the United States. The speech comes at a...

Trump Skeptical of Iran Hormuz Proposal as Nuclear Talks Stall

U.S. President Donald Trump and his national security team remain doubtful about Irans recent proposal to reopen the Strait of Hormuz while delaying discussions on its nuclear program, according to a Wall Street Journal...

White House Withdraws Trump’s National Park Service Nominee Amid Criticism

The White House has officially withdrawn President Donald Trumps nomination of Scott Socha to lead the National Park Service (NPS), more than two months after it was submitted to the U.S. Senate. The administration did not...

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

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

Google Secures Pentagon AI Deal for Classified Projects

Alphabets Google has reportedly entered into an agreement with the U.S. Department of Defense to deploy its advanced artificial intelligence models for classified operations, according to a report by The Information citing...

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...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...