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

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UK Markit construction PMI to rise

Jul 02, 2015 05:00 am UTC| Commentary

UK construction PMI peaked at a high level in 2014, driven by a surge in housing construction. That has cooled, as has the temporary surge in infrastructure constructionfuelled by a need to rebuild flood defences in parts...

Australia's Q2 net exports to be considerably less favourable

Jul 02, 2015 04:46 am UTC| Commentary

Australias trade deficit narrowed to $2.8bn in May, from a revised $4.1bn deficit in April. For the June quarter, the trade deficit could approach $10bn.That would be a more than $5bn deterioration on a $4.5bn deficit for...

U.S. manufacturing index indicates stronger domestic spending

Jul 02, 2015 04:40 am UTC| Commentary

After decelerating considerably from its 2014 average of 55.7, U.S. manufacturing is showing signs of life again with two consecutive monthly gains.General improvement in U.S. manufacturing reflects stronger domestic...

No changes likely to ELA for Greece

Jul 02, 2015 04:36 am UTC| Commentary

First, the ECB will discuss the level of emergency lending to Greek banks today and may reassess the haircuts it imposes on Greek bank collateral in exchange forfunds. No changes are likely.Second, without a bailout...

US June auto sales tally caps off best quarter for new sales

Jul 02, 2015 04:28 am UTC| Commentary

Although the level of sales came down a notch from a monster May, Junes tally is nothing to sneer at. Both the University of Michigans and the Conference Boards consumer confidence indices surged in June, leading buyers...

Daily Economic Outlook: 2nd July, 2015

Jul 02, 2015 04:16 am UTC| Commentary

While markets await further developments in the Greek crisis, the focus today will at least briefly turn to the US. The monthly employment report has usually been seen as the key release of the month and that the FOMC has...

ISM factory index confirms U.S. economy shaking-off soft patch shackles

Jul 02, 2015 03:58 am UTC| Commentary

The ISM manufacturing index was 53.5 in June. This matches the high for the year and indicates that the drag on factories coming from the strong U.S. dollar and weak oil industry is no longer having as much negative impact...

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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...