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Tue, Oct 13, 2026 01:24 AM All times are UTC

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Timing of Fed tightening may influence Banxico decision

Jul 30, 2015 07:16 am UTC| Commentary

The Bank of Mexico has kept its policy rate unchanged since mid-2014 at its lowest level of 3.0%.Societe Generale states the timing of the beginning of the Feds tightening cycle, which could increase financial market...

CNB most probably intervened yesterday

Jul 30, 2015 07:04 am UTC| Commentary

Rising straight to 27.10, EUR-CZK jumped sharply during the European session yesterday, the price action strongly hints at intervention by CNB.The CB has acknowledged intervening in the FX market to weaken the koruna, but...

Russian central bank stops RUB sales

Jul 30, 2015 06:58 am UTC| Commentary

The ruble appreciated for a change yesterday, having faced a lot of headwind recently and having come under strong pressure against EUR and USD, i.e. a downmove in EUR-RUB and USD-RUB. Of course well versed market...

Banxico to stay on pause until Q1 16

Jul 30, 2015 06:55 am UTC| Commentary

The Bank of Mexico has kept its policy rate unchanged since mid-2014 at 3.0%, which is its lowest level.According to Societe Generale, no rate hikes are expected until Q1 2016 due to the persistent output gap and low...

Brazil's credit growth deceleration likely continued in June

Jul 30, 2015 06:22 am UTC| Commentary

After a brief pick-up in H2 14 on liquidity measures, Brazils credit growth resumed its decelerating trend. In fact, credit growth has been on a decelerating trend since the end of 2010 and it would be difficult to expect...

US real business activity likely sprang back during the spring

Jul 30, 2015 06:12 am UTC| Commentary

US real GDP and real consumption spending data for Q2 is scheduled to release today. These two macroeconomic indicators recorded -0.2% and 2.1% growth respectively in Q1. Societe Generale estimates, the real GDP growth is...

Australia's credit growth stabilizing at a respectable rate

Jul 30, 2015 06:04 am UTC| Commentary

The current rate of Australias credit growth is charecterized by RBA as "moderate", and from a purely historical perspective this is correct. However, the 6-plus percent rate to be rather strong, it is well above nominal...

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Economy

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%...

Oil Prices Surge Above $106 After Deadly Saudi Airport Attack

Oil prices climbed on Monday as escalating Middle East tensions pushed Brent crude above $106 per barrel following a deadly Houthi attack on a Saudi Arabian airport. However, gains were limited by U.S. President Donald...

Nasdaq Falls as Oil Prices Surge Ahead of Bank Earnings

U.S. stocks ended mixed on Monday, with the Nasdaq Composite declining as oil prices surged nearly $2 per barrel following deadly attacks on Saudi Arabias Riyadh international airport. Investors also remained cautious...

Trump Defends Russian Diesel Deal Amid US Sanctions Backlash

US President Donald Trump defended his controversial diesel agreement with Russia on Monday, despite growing bipartisan criticism from lawmakers who warn that the arrangement could violate US sanctions and restrictions on...

Wall Street Ends Mixed as Investors Await CPI and Bank Earnings

Wall Street closed mixed on Monday as investors prepared for crucial U.S. inflation data and quarterly earnings from major banks. Rising oil prices and geopolitical tensions also influenced market sentiment ahead of a busy...

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

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...

Samsung, SK Hynix Shares Fall as China's CXMT Advances DRAM Technology

Shares of South Korean semiconductor giants Samsung Electronics and SK Hynix dropped more than 3% on Monday after Chinese memory chipmaker ChangXin Memory Technologies (CXMT) announced progress in advanced DRAM technology,...