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RBNZ lowers key rate and wants to see kiwi weaker

Sep 10, 2015 07:16 am UTC| Commentary

The RBNZ lowered the key rate by 25bp to 2.75% as expected. However, the NZD started to slide as the RBNZ signalled further rate cuts. The economic outlook is now its major concern. Understandably as China, New Zealands...

Surge in China's CPI likely to be viewed as transitory

Sep 10, 2015 07:07 am UTC| Commentary

Chinas Augusts CPI rose for the third straight month to 2.0% y/y from 1.6% in July. The increase was driven by higher food prices which climbed to 3.7% from 2.7% in July. In contrast, PPI remained in deflationary territory...

Strong trade data to support HUF

Sep 10, 2015 07:04 am UTC| Commentary

Trade data for July painted a HUF-supportive picture, Hungarys trade surplus came in at better-than-expected EUR 674mn, more than 50% wider than a year ago, improving on the year-to-date trend. Export growth was a...

Market volatility likely to remain high today

Sep 10, 2015 07:01 am UTC| Commentary

Following a good start at the beginning of trade the Dow Jones and SP yesterday went down. Following the example of the US the Asian markets are under massive pressure today and the quest for safe havens is in full...

Fed rate decision to impact GBP in near term

Sep 10, 2015 06:57 am UTC| Commentary

The second half of August has not been kind to GBP. The GBP TWI is down nearly 3.5% from its mid-month highs with the bulk of the under-performance during this volatile period for markets versus the current account surplus...

NBP expected to keep its key rate unchanged

Sep 10, 2015 06:54 am UTC| Commentary

At the recent MPC meeting, NBP kept its key rate unchanged. NBP cited that although deflationary pressures persist, they are subsiding. NBP is expected to keep its key rate unchanged in the short-term on the back of...

Reasons for BoE's extra caution

Sep 10, 2015 06:50 am UTC| Commentary

The BoE will not be short of reasons for extra caution this month. Chinese worries and financial market turbulence are front and centre. Near-term inflation prospects have also softened. Oil prices lie around 9% lower...

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Economy

Dollar Weakens Amid Middle East Tensions and Anticipated Central Bank Decisions

The U.S. dollar softened on Friday as reports of potential peace talks between the United States and Iran lifted market sentiment, though it still remained on track for its first weekly gain in nearly a month. Ongoing...

Iran-Pakistan Diplomacy and Strait of Hormuz Tensions Push Oil Prices Above $100

Pakistani officials have confirmed that Irans Foreign Minister Abbas Araghchi is expected to visit Islamabad by the weekend, according to a report by The Associated Press. The high-level diplomatic trip, which may begin as...

Gold Prices Rise Slightly but Head for Weekly Loss Amid Oil Surge and Inflation Fears

Gold prices edged higher on Friday but remained on track for a weekly decline as rising oil prices and geopolitical tensions between the United States and Iran fueled concerns over inflation and prolonged high interest...

Indonesia Fiscal Deficit Outlook: Fitch Signals Flexibility Amid Middle East War Risks

Indonesia may have limited room to exceed its legal fiscal deficit ceiling of 3% of GDP without facing an immediate credit rating downgrade, according to Fitch Ratings. The agency suggests that any breach would need to be...

Japan Inflation Rises in March Amid Energy Price Surge and Middle East Tensions

Japans consumer price index (CPI) inflation increased more than expected in March, driven largely by rising energy costs linked to geopolitical tensions in the Middle East. The latest government data shows that headline...

Politics

Judge Orders Release of Family After Longest ICE Detention Under Trump Administration

A woman and her five children were released from U.S. immigration detention after more than 10 months, marking the longest known family detention during President Donald Trumps administration. The release came Thursday...

US and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union are set to sign a memorandum of understanding (MoU) aimed at strengthening cooperation on critical minerals, marking a strategic move to secure global supply chains and reduce...

U.S. Army Soldier Charged in $400K Insider Betting Scheme on Maduro Capture

A U.S. Army Special Forces soldier has been charged by the Justice Department for allegedly using classified information to profit from bets on the capture of Venezuelan leader Nicolas Maduro. According to federal...

Trump Administration Launches Civil Rights Probe into NYC Education Department Over Pro-Palestinian Educators

The Trump administration has initiated a civil rights investigation into the New York City Department of Education (NYCDOE), focusing on alleged discrimination linked to a pro-Palestinian educators group. The U.S....

Lebanon-Israel Ceasefire Extended as U.S. Pushes for Peace Talks

The Lebanon-Israel ceasefire has been extended for three more weeks following high-level negotiations hosted by U.S. President Donald Trump at the White House. The meeting brought together Israels ambassador to Washington,...

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

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...

Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...

Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast

Intel Corp delivered a bullish outlook for the second quarter of 2026, signaling a strong turnaround fueled by rising demand for AI data center chips. The company projected earnings per share (EPS) of $0.20, significantly...

Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia

Microsoft (NASDAQ: MSFT) has unveiled a major investment plan worth A$25 billion (approximately $18 billion) in Australia, signaling a significant push to strengthen its artificial intelligence (AI) and cloud computing...

Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk revealed new details about the companys ambitious semiconductor plans, confirming that the Terafab joint venture intends to leverage Intels advanced 14A chip manufacturing process....
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