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Mon, Dec 22, 2025 11:30 PM All times are UTC

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Mixed signals from the U.S. Jobs Report

Jul 02, 2015 16:54 pm UTC| Commentary

The U.S. jobs report was released today, giving investors mixed feelings. Certain numbers indicate a strong economy bouncing back from a tepid first quarter while other data foreshadows an economy trapped in the same low...

September still a strong contender for FED to hike Interest rate

Jul 02, 2015 16:33 pm UTC| Commentary

The Feds conditions for lift-off include further progress on the labor market, steady or rising core inflation and confirmation that the Q1 slowdown in GDP was transitory. Importantly, a pickup in wage growth is not a...

US Household employment fell unexpectedly

Jul 02, 2015 16:06 pm UTC| Commentary

Employment in the household survey fell by 56k in June, the first such monthly decline since March 2014. The household survey is frequently volatile on a month-to-month basis. It is expected to be clearer in longer-term...

US soft average hourly earnings

Jul 02, 2015 15:27 pm UTC| Commentary

Elsewhere in the establishment survey, average hourly earnings were flat on the month and up 2.0% y/y. Average earnings for production and nonsupervisory employees were up 0.1% m/m and 1.9% y/y. Both numbers underperformed...

US Payrolls,back to sustainable trend

Jul 02, 2015 14:56 pm UTC| Commentary

Nonfarm payrolls rose by 223k in June, a bit below estimated expectation of 250k and in line with market consensus of a 230k rise. The shortfall relative expectation came mainly in goods producing sectors and the...

June US employment: Softer than expected, but not decisive enough to alter the Fed’s outlook

Jul 02, 2015 14:38 pm UTC| Commentary

At a gain of 223k with net revisions of -60k to previous months of data and flat earnings growth, the tone of the establishment survey was softer than we and consensus expected. May payrolls are now reported as rising by...

US labor market: not bad, but not yet good enough for Fed

Jul 02, 2015 14:12 pm UTC| Commentary

The US labor market continued to recover in June but all in all the employment report failed to meet expectations. While the number of jobs increased by 223k, wages were flat. The unemployment rate fell to 5.3%, a level...

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Economy

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

The British economy recorded modest growth in the third quarter of 2025, expanding by 0.1% between July and September, according to the latest confirmation from the Office for National Statistics (ONS). The final GDP...

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

Politics

Zelenskiy Says Ukraine Peace Talks With U.S. and Europe Near Breakthrough

Ukrainian President Volodymyr Zelenskiy said negotiations involving Ukraine, the United States, and European nations aimed at ending the nearly four-year war with Russia are approaching a decisive outcome, signaling...

Protests Erupt in Albania as Corruption Allegations Rock Government

Violent protests erupted in Albanias capital Tirana on Monday after demonstrators hurled petrol bombs at a government building that houses the office of Prime Minister Edi Rama. The unrest comes amid growing political...

Trump Appoints Jeff Landry as Greenland Envoy, Sparking Diplomatic Backlash from Denmark

U.S. President Donald Trump has reignited international controversy by appointing Louisiana Governor Jeff Landry as his special envoy to Greenland, a move that has drawn sharp criticism from both Denmark and Greenland. The...

Netanyahu to Raise Iran Nuclear Concerns in Upcoming Meeting With Trump

Israeli Prime Minister Benjamin Netanyahu said he will discuss Irans nuclear activities and regional security challenges during his visit next week to Washington, where he is scheduled to meet U.S. President Donald Trump....

US Coast Guard Intensifies Operations Against Venezuelan Oil and Drug Trafficking Networks

The United States Coast Guard has significantly expanded its maritime operations targeting vessels allegedly involved in drug trafficking and the transportation of Venezuelan crude oil, as part of a broader strategy to...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...