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Tue, Oct 13, 2026 11:40 PM All times are UTC

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Will SARB hike rates?

Sep 23, 2015 07:01 am UTC| Commentary

Consensus expectations are for rates to remain on hold at 6%, but in truth SARB should use last weeks dovish Fed meeting to take the market by surprise and hike rates.ZARs aggressive depreciation in recent weeks means that...

NBH's dovish rate decision likely to push EUR/HUF up

Sep 23, 2015 06:58 am UTC| Commentary

Hungarys CenBank held rates unchanged at yesterdays MPC meeting as was widely expected, while moving to its new 3-month deposit benchmark rate from the old 2-week deposit rate, the change had been carefully...

China's soft PMI indicates Q3 growth below 7%

Sep 23, 2015 06:52 am UTC| Commentary

The Caixin/Markit flash PMI surprisingly fell to 47.0 in September from 47.3 last month, against market expectation of a modest rise to 47.5. This is the lowest reading since March 2009 and suggests that Chinese growth in...

China’s flash mfg PMI contracts further

Sep 23, 2015 06:29 am UTC| Commentary

Chinas flash manufacturing PMI for September came in at 47, which is recorded 47.3 in previous month. The manufacturing PMI posted lowest reading and seventh consecutive month in contractionary territory. The data...

ECB QE extension unlikely to cause material EUR/CHF depreciation

Sep 23, 2015 06:05 am UTC| Commentary

If the ECB extends the time horizon of its QE, great pressure is not likely on the EUR/CHF bilateral, as narrowing EA-CHF swap rate differentials would likely come back to their July levels, when the CHF faced strong...

ECB's policy easing may break EUR/USD trading range to downside

Sep 23, 2015 06:00 am UTC| Commentary

The ECB is likely to extend its time-based commitment QE for an additional 6-9 months (ie, through March or June 2017). The greatest effect of this policy change would be to push 2-3 year Eonia swap rates closer to the ECB...

ECB likely to ease policy further before year end?

Sep 23, 2015 05:52 am UTC| Commentary

US might not be a direct immune to a likely China slowdown. In line with market expectations, it is now seen that the Fed delaying its rate liftoff until March 2016, due in part to risks from China.The delay in the Feds...

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Economy

US Dollar Index Falls as Fed Signals Caution, Indian Rupee Surges

The U.S. dollar weakened on Tuesday as cautious comments from a Federal Reserve official and gains in the euro pressured the greenback. Meanwhile, the Indian rupee extended its sharp recovery, reaching its strongest level...

Gold Prices Mixed Ahead of US Inflation Data and Fed Rate Outlook

Gold prices ended Tuesdays trading session mixed as investors assessed a weaker U.S. dollar, declining Treasury yields, and fluctuating oil prices ahead of crucial U.S. inflation reports that could influence the Federal...

Fed’s Williams Sees One More Rate Hike in 2026, None in 2027

Federal Reserve Bank of New York President John Williams said Tuesday that he continues to support one additional interest rate hike in 2026 but does not anticipate further increases in 2027, citing expectations that...

Oil Prices Mixed as Russia Diesel Deal and Houthi Attacks Raise Supply Concerns

Oil prices traded mixed on Tuesday as investors assessed the impact of a U.S.-Russia diesel supply agreement alongside growing concerns about Middle East oil disruptions following escalating Houthi attacks in Yemen and...

Wall Street Closes Lower as Bank Earnings and AI Concerns Weigh

Wall Street stocks ended slightly lower on Tuesday, October 13, as mixed bank earnings and growing concerns over Chinese artificial intelligence competition pressured investor sentiment ahead of key U.S. inflation data....

Politics

US Senate Midterms 2026: Key Races That Could Flip Control

The 2026 US Senate midterm elections are shaping up to be a competitive battle as Democrats seek to overturn Republicans 53-47 majority. With Election Day approaching, several closely contested races could determine which...

Trump Denies China, Russia Are Helping Iran in War

US President Donald Trump has dismissed claims that China and Russia are supporting Iran in its ongoing war with the United States, despite American intelligence assessments suggesting both countries have provided military...

Zelenskiy Says Ukraine Received No Warning Before Russian Missile Attack

Ukrainian President Volodymyr Zelenskiy said Tuesday that Western allies failed to provide advance warning of a Russian missile attack on Kyiv, raising concerns about Ukraines access to critical intelligence as Washington...

US Supreme Court Denies Release of Anti-ICE Activist Kyle Wagner

The US Supreme Court on Tuesday rejected a request for the pretrial release of Kyle Wagner, an anti-ICE activist accused of making online threats during a federal immigration crackdown in Minneapolis. The decision keeps...

Flavio Bolsonaro Backs Brazil’s 40-Hour Workweek Reform Ahead of Runoff

Brazilian Senator Flavio Bolsonaro has reversed his opposition to a proposed labor reform that would shorten the countrys workweek, a politically significant move ahead of his presidential runoff against incumbent...

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

New York Times, AFP Join Coalition to Protect Content From AI

The New York Times, Agence France-Presse (AFP), and The Economist have joined a growing international coalition seeking to protect publishers copyrighted content from unauthorized use by artificial intelligence companies....

AT&T Sells Mexico Wireless Business to Televisa for $2 Billion

ATT Inc. (NYSE: T) has agreed to sell its Mexican wireless operations to Grupo Televisa SAB (NYSE: TV) and Fintech Holdings Inc. for $2 billion in cash, ending its decade-long effort to compete in Mexicos...

Arm Shares Fall Over 3% After Qualcomm Wins License Dispute

Arm Holdings shares dropped more than 3% on Tuesday, October 13, after a Delaware jury ruled in favor of Qualcomm in a breach of contract lawsuit, marking another setback for the British chip technology company in its...

Arm Breaches Qualcomm License Deal, Jury Awards $2

A Delaware jury has ruled that Arm Holdings violated its licensing agreement with Qualcomm and intentionally interfered with the chipmakers business relationship with Meta Platforms. However, the jury awarded Qualcomm just...

Nvidia Invests in Four French AI Companies to Expand European Presence

Nvidia Corp is expanding its presence in Europes artificial intelligence market through agreements to acquire minority stakes in four French technology companies, according to a report published Tuesday by French newspaper...