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Mexico's labor market deterioration is temporary

Jul 20, 2015 09:07 am UTC| Commentary

In May, Mexicos industrial production posted its first negative yoy print in over a year and appears that growth has slowed significantly in H1.As a result of the slowdown, the labor market showed some signs of stagnation...

Greek banks to amend withdrawal limit, capital controls still in place

Jul 20, 2015 07:47 am UTC| Commentary

This is significant because the ESM is expected to provide a chunky amount of the funding for the third bailout and this bailout is also expected to include a recapitalisation of the Greek banking system. Our SSA...

Greece, elections seem fairly imminent

Jul 20, 2015 07:40 am UTC| Commentary

It had been expected that Prime Minister Tsipras would delay a re-shuffle of his cabinet until after the next set of bailout reforms were passed, which is due on July 22.However, he instead chose to do this last Friday as...

Experts feel euro may suffer in long term

Jul 20, 2015 07:25 am UTC| Commentary

The Council of the European Union officially agreed on the bridge-financing loans for Greece in the shape of an EFSM loan on Friday. Greece will receive 7.16 bn. for three months will allow it to service the debt it has to...

Monsoon related risks to dominate RBI's concerns around Indian inflation

Jul 20, 2015 07:14 am UTC| Commentary

July-August remain the key months for monsoons, and next four weeks account for ~30% of total seasonal rainfall. The Indian Meteorological Department (IMD) forecasts rainfall to be below normal in July and has maintained...

USD seems stronger

Jul 20, 2015 07:04 am UTC| Commentary

The USD longs of the speculative IMM traders have increased in the last CFTC reporting week, though it was a small change. The USD optimism of the price sensitive market participants is pronounced but still a long way off...

Signs of stabilization in China's June new house prices

Jul 20, 2015 06:59 am UTC| Commentary

Chinas June new house prices released on Saturday showed signs of stabilization. This follows multiple rounds of monetary easing since November and loosening of mortgage lending requirements in March.Separately, the extent...

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Economy

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...

European Stocks Rise as Oil Prices Fall Ahead of US CPI

European stock markets edged higher on Monday as falling oil prices supported investor sentiment, while uncertainty surrounding geopolitical developments and upcoming corporate earnings kept gains modest. The pan-European...

Politics

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...

Greenland Lawmakers Back Trump Security Deal Despite Economic Concerns

A majority of Greenlands lawmakers expressed support for a new security agreement with US President Donald Trump during a parliamentary debate on Monday, despite opposition concerns over its economic benefits and the...

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,...
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