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NZD/USD to trend lower in long term

Aug 11, 2015 05:13 am UTC| Commentary

Beyond the two additional cuts which are expected this year, more evidence of a softer terms-of-trade should maintain a weaker activity and employment outlook, and should keep the RBNZ with a neutral/soft dovish bias."Over...

Taiwan exports start Q3 on weak note

Aug 11, 2015 04:49 am UTC| Commentary

Taiwan exports again posted negative growth rate of -13.9% in June which recorded -3.8% in May. Consensus expected the economys exports to drop by 10.5% due to a significant fall in refinery and petrochemicals shipments -...

More RBNZ easing in near term

Aug 11, 2015 04:40 am UTC| Commentary

The RBNZ cut the policy rate again in July (now 50bps this year).The case for easing developed in NZ through the first half of the year, and continues to justify more cuts in the coming months. The concerns primarily...

More RBA cuts in store in long term

Aug 11, 2015 04:35 am UTC| Commentary

In the longer run, we look for AUD/USD to reach new cycle lows over the 6-12 month horizon. Structural issues should continue to drag on the economy, including persistently weak commodity prices and the impact on the...

Daily Economic Outlook: 11th August, 2015

Aug 11, 2015 04:19 am UTC| Commentary

The August German ZEW survey is set to dominate the news flow this morning. After a sharp pickup between 2014Q4 and 2015Q1, the forward-looking expectations measure, which tends to lead euro-area GDP by around three...

Fed’s LMCI continues to advance in July

Aug 11, 2015 04:16 am UTC| Commentary

The Federal Reserves Labor Market Conditions Index (LMCI) rose 1.1 points in July, the third consecutive monthly increase for the index and a reflection of sustained and broad based labor market improvement early in Q3....

RBA in ‘wait and see’ mode

Aug 11, 2015 03:58 am UTC| Commentary

Australias monetary policy outlook has been pivotal to the direction of AUD in 2015 and will remain so for the rest of the year. The RBA left its policy rate steady at 2.00% at its early August meeting (after cutting 25...

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Economy

Asian Currencies Steady as Dollar Nears 18-Month High Ahead of US CPI

Asian currencies traded in narrow ranges on Tuesday as investors remained cautious ahead of crucial U.S. inflation data, while the U.S. dollar stayed near an 18-month high amid geopolitical tensions and sustained demand...

Samsung, SK Hynix Shares Plunge as China Chip Competition Grows

Shares of South Korean semiconductor giants Samsung Electronics and SK Hynix plunged on Tuesday, extending a steep selloff as investors weighed rising competition from Chinese memory chipmakers and growing uncertainty...

Oil Prices Fall as Russia Signals Higher Diesel Exports

Oil prices declined on Tuesday as Russia indicated it could increase diesel exports beyond previously announced levels under a supply agreement with the United States, raising expectations of improved global fuel...

Asian Stocks Plunge as AI Chip Selloff Hits South Korea and Japan

Asian stock markets tumbled Tuesday as a technology selloff on Wall Street spread across the region, driven by concerns over Chinese semiconductor competition, artificial intelligence (AI) investment returns, and elevated...

Fed's Hammack Urges Faster Rate Hikes to Fight Inflation

Cleveland Federal Reserve President Beth Hammack called for relatively swift interest rate increases on Monday, warning that broadening inflation pressures could make it harder for the US central bank to achieve its 2%...

Politics

Most Americans Oppose Election Betting on Prediction Markets, Poll Finds

A majority of Americans oppose betting on US elections, military operations and government decisions through prediction markets, according to a Reuters/Ipsos poll, highlighting public concerns as regulators consider new...

Elon Musk Donates $366 Million to 2026 US Midterms

Elon Musk has poured approximately $366 million into the 2026 US midterm elections, making the Tesla and SpaceX CEO potentially the largest individual political donor of the election cycle as Republicans fight to retain...

Jordan Bardella Antisemitism Allegations Threaten Le Pen’s Campaign

French far-right National Rally (RN) president Jordan Bardella is facing mounting political pressure over allegations of antisemitism, raising questions about the partys efforts to distance itself from its controversial...

North Korea Fires Ballistic Missiles Amid Rising Tensions With South Korea

North Korea launched multiple ballistic missiles toward the sea off its eastern coast on Monday, escalating tensions with South Korea following Seouls recent hypersonic missile test. The launches marked Pyongyangs fourth...

Trump Plans White House Shake-Up of Key AI Safety Agency

President Donald Trumps administration is preparing to transfer three senior officials from the Center for Advancing Innovation and Standards for Super Intelligence (CAISSI) to the White House as part of efforts to...

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

Nvidia’s China AI Chip Market Share Falls to 34% as Huawei Gains Ground

Nvidias share of Chinas artificial intelligence chip market declined sharply during the first half of 2026 as U.S. export restrictions and growing competition from domestic semiconductor manufacturers reshaped the...

Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

Senior executives at Chinese artificial intelligence startup Moonshot AI are reportedly negotiating a settlement in a shareholder dispute ahead of the companys planned Hong Kong initial public offering (IPO). According to...

Meta Launches Muse Wonder AI Models, Shares Rise 3.7%

Meta Platforms has unveiled its latest artificial intelligence models, Muse Wonder and Muse Wonder Full, marking a major step in the companys efforts to compete with leading AI developers. The announcement on Monday...

Epic Games Delays Disney Shooter, Shifts to AI-First Development

Epic Games has reportedly postponed the launch of its upcoming Disney multiplayer shooter as the Fortnite developer adopts an artificial intelligence-driven approach to game production, according to Bloomberg. The highly...

Arthur Hayes Announces FLOP Testnet Launch Within Weeks

BitMEX co-founder Arthur Hayes has announced that Flop Labs plans to launch its FLOP testnet within weeks, introducing a blockchain network designed to support artificial intelligence (AI) computing. The upcoming 90-day...
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