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USD strength renews if and when the Fed lifts off

Jul 02, 2015 06:40 am UTC| Commentary

A second important macro driver in H2 should be US monetary policy, the FOMC is expected to start the lift-off in rates, most likely in September. A Fed tightening cycle should not be especially menacing for global...

US unemployment rate to sink in June

Jul 02, 2015 06:05 am UTC| Commentary

The US unemployment rate data for June is due on today.Societe Generale estimates, the unemployment rate likely to decline from 5.5% to 5.4%, which would reverse the unexpected uptick in May and put it back at the cyclical...

Australia's May retail sales growth likely to post solid trend

Jul 02, 2015 05:46 am UTC| Commentary

Australias retain sales data for May is scheduled to release on 3rd, July.Despite stagnating in April, an expansion in May retail sales is expected, but merely in line with trend at 0.3% mom (identical to the average gain...

Global agricultural prices drive Brazil's food inflation up

Jul 02, 2015 05:35 am UTC| Commentary

Inflation acceleration continued in Q2 despite the likelihood that adjustments to the prices of regulated goods and services are nearly over. The bulk of the upside surprise in May and June (based on the IPCA-15 release...

Steady progress continues in US June payrolls

Jul 02, 2015 05:18 am UTC| Commentary

The BLS is expected to report that US nonfarm payrolls expanded by 210k in June, but broadly in line with the YTD average of 217k. Although job openings rose to a new record high in April, jobless claims suggest that the...

Brazil's Industrial production to fall at substantial pace in Q2

Jul 02, 2015 05:12 am UTC| Commentary

Assuming the same IP rate sustains as per first four months for the rest of the year, Brazils supply side economic activity index should fall by -1.5% in 2015. However, year-to-date economic activity has collapsed slightly...

Brazil's inflation trending upward on fundamentals

Jul 02, 2015 05:05 am UTC| Commentary

Inflation has been on an upward trajectory since 2009 (for a number of structural reasons - labour market rigidities and low productivity growth, low domestic savings and fiscal profligacy).Even after assuming that real...

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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...
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