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

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Turkish Lira under pressure from worsening security situation

Jul 29, 2015 07:06 am UTC| Commentary

The global EM sell-off calmed down for the time being, which took some pressure off the lira, but the lira remained weak because of domestic political developments. Therefore, USD-TRY was barely stable yesterday at 2.76...

Turkey's worsening security situation to weigh on Lira

Jul 29, 2015 07:02 am UTC| Commentary

USD-TRY was barely stable yesterday at 2.76 after reaching a new all-time high of 2.77 on Monday. The global EM sell-off calmed down for the time being, which took some pressure off the lira, but the lira remained weak...

Japan's production likely to strengthen ahead

Jul 29, 2015 06:57 am UTC| Commentary

In Julys monthly economic report, Japan government revised down its overall assessment on production from "production is showing weakness in some areas but overall is improving" to "production remains flat".As producers...

A second bridge-loan from the EFSM?

Jul 29, 2015 06:55 am UTC| Commentary

Greece is back in focus as bailout discussions enter their second day today. Representatives of the creditors, Declan Costello of the EC, Delia Velculescu of the IMF, Rasmus Rueffer of the ECB and Nicola Giammaroli of the...

Gold hovers around $1,100 as dollar calm ahead of FOMC

Jul 29, 2015 06:48 am UTC| Commentary

Gold futures were seen trading close to the $1,100 level, still not far from its five-and-half year low, as the dollar rally eased and traders were reluctant to put more long positions on the greenback ahead of the FOMC...

Japan's IP to post modest growth in June

Jul 29, 2015 06:33 am UTC| Commentary

Japans industrial production recorded -2.1 mom and -3.9 yoy growth in May. The economy is likely to post better performance in June. Societe Generale estimates, Japans industrial production is likely to show modest growth...

Improvement in Brazil Real outlook crucial to stabilize inflation and rate expectations

Jul 29, 2015 06:22 am UTC| Commentary

Brazil Real (BRL)appreciation would damage the scope of the manufacturing revival, as it will cause exports to be expensive. With inflation currently well ahead of the target rate, the central bank could feel obliged to...

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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,...