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Weak AUD cannot remain solution forever

Aug 27, 2015 07:13 am UTC| Commentary

The Reserve Bank of Australia (RBA) will not find its rate decision next week as easy as it may have expected only a short while ago. Not much is likely to have changed about its view on the domestic economy, as inflation...

Flash August German HICP inflation to print at 0.1% yoy

Aug 27, 2015 07:11 am UTC| Commentary

In the month of July, Germanys HICP inflation remained unchanged at 0.1% yoy while the national measure slowed one tick to 0.2% yoy. The energy component fell from -5.9% yoy in June to -6.2% yoy (cutting 3bp) while a more...

PBoC may take additional monetary easing

Aug 27, 2015 07:07 am UTC| Commentary Central Banks

The PBoC has already cut interest rates and the reserve requirement ratio (RRR) twice since June as a response to the stock market turmoil. Additional monetary easing is expected but the benefit of every additional move is...

Danish central bank likely to raise CD rate in next 2 months

Aug 27, 2015 06:58 am UTC| Commentary

The decline in currency reserves has boosted market expectations for a Danish rate hike. DKK money market fixings have reached the highest levels since late January. Cibor fixings are 30-50 bp higher than the bottom on 12...

Domestic demand leads Spain economy growth

Aug 27, 2015 06:54 am UTC| Commentary Economy

Spain household consumption (contributing for two-third of the Q2 growth number) continued to benefit from low interest rates (as the bulk of mortgage debt is in variable rates), low inflation, the ongoing tax reform and...

Low Swedish inflation pressures the Riksbank

Aug 27, 2015 06:49 am UTC| Commentary

The drop in oil prices is now feeding through to Swedish inflation. Much suggest that the Riksbank will revise down its inflation forecast next week. Fuel prices will shave off 0.14% point of the CPI in August and by...

NIER sees Riksbank rate cut in December

Aug 27, 2015 06:43 am UTC| Commentary

The National Institute of Economic Research (NIER) made only minor changes in its August forecast. The Swedish economy will grow healthily in the coming years, driven by exports and higher household consumption."The...

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Economy

Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build

Japans government is reportedly supportive of an earlier interest rate hike by the Bank of Japan (BOJ), with policymakers potentially moving as soon as September or October as inflationary pressures intensify. Bloomberg...

Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data

Most Asian currencies traded in a narrow range on Thursday as investors assessed the Federal Reserves interest rate outlook following U.S. inflation data that largely matched market expectations. The U.S. Dollar Index was...

Gold Prices Slip From Two-Month High as Inflation and Fed Outlook Drive Markets

Gold prices moved lower on Thursday after pulling back from a fresh two-month high, as investors assessed softer U.S. inflation data alongside persistent energy risks and uncertainty over the Federal Reserves interest rate...

Oil Prices Slide as OPEC, IEA Cut 2026 Demand Forecasts

Oil prices fell sharply during Asian trading on Thursday as weaker global demand forecasts outweighed concerns over potential supply disruptions in West Asia. Brent crude futures dropped 1.15% to $87.96 per barrel, while...

KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally

South Koreas KOSPI has rebounded roughly 20% from its late-July low, putting the benchmark close to leaving bear-market territory as investors return to technology and semiconductor stocks following a steep selloff. The...

Politics

Nigel Farage Faces Count Binface in Clacton Election Test

Voters in Clacton headed to the polls on Thursday in an unusual local English election that pits Reform UK leader Nigel Farage against more than 30 challengers, including comedian Count Binface. The election comes after...

Putin Visits Japan-Claimed Iturup Island, Drawing Strong Protest From Tokyo

Russian President Vladimir Putin visited Iturup, a disputed island claimed by Japan, on Thursday, prompting a strong protest from Tokyo as tensions remain elevated across Northeast Asia. Iturup, known as Etorofu in Japan,...

Meloni Loses Ground Among Young Italian Voters Ahead of 2027 Election

Italian Prime Minister Giorgia Meloni is losing support among young voters, potentially creating a major challenge for her right-wing coalition ahead of Italys 2027 national election. Polling by Youtrend shows Melonis...

US, Colombia Weigh Joint Strikes on Armed Groups in Expanded Anti-Drug Campaign

U.S. Defense Secretary Pete Hegseth has raised the possibility of joint U.S.-Colombia military strikes against armed groups as Washington expands its counter-narcotics campaign across Latin America. Speaking Wednesday at...

Colombia Earthquake Death Toll Hits 265 as President Announces Emergency Fund

Colombian President Abelardo De La Espriella has pledged to establish an emergency fund to rebuild hospitals, schools, homes and critical infrastructure destroyed by Mondays powerful 7.4-magnitude earthquake, which killed...

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

Lenovo Revenue Surges 43% as AI Demand Drives Record First-Quarter Growth

Lenovo Group reported record first-quarter revenue as booming demand for artificial intelligence infrastructure and AI-enabled devices fueled strong growth across its major businesses, pushing its Hong Kong-listed shares...

Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges

Cisco Systems has issued a stronger-than-expected fiscal 2027 outlook, fueled by rising demand for networking equipment and artificial intelligence infrastructure from hyperscale customers. The networking technology giant...

Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook

Super Micro Computer (NASDAQ: SMCI) shares surged about 19% on Wednesday after the AI server maker issued fiscal 2027 guidance that significantly exceeded Wall Street expectations, easing concerns following its softer...

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

SpaceX shares jumped 11% after Morgan Stanley highlighted the companys growing artificial intelligence business, fueling investor optimism around its expanding enterprise software strategy and upcoming Grok 4.7 AI model....

OpenAI Executive Brad Lightcap to Leave for New AI Venture

Brad Lightcap, one of OpenAIs most senior executives and its former chief operating officer, is leaving the artificial intelligence company to launch a new venture, adding to a series of major leadership changes across the...
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