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Mon, Oct 12, 2026 10:35 AM All times are UTC

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Daily outlook for NZD/USD

Jun 22, 2015 20:18 pm UTC| Commentary

Westpac Research notes:NZD/USD 1 day: Moving towards the July 2010 low of 0.6795.NZD/USD 1-3 month: Our immediate target is 0.6795, being the major low formed in July 2010. Below that theres 0.6560 which was a major low in...

Daily outlook for AUD/USD

Jun 22, 2015 20:17 pm UTC| Commentary

Westpac Research notes:AUD/USD 1 day: Remains stuck between 0.7700 and 0.7800.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months. The next major downside...

Daily outlook for AU rates

Jun 22, 2015 20:16 pm UTC| Commentary

Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.20% while the 10yr should open around 3.38%.AU swap yields 1-3 month: The 2yr is eking a sideways range of 2.05%-2.30%, while the 10yr should...

Daily outlook for NZ rates

Jun 22, 2015 20:15 pm UTC| Commentary

Westpac Research notes:NZ swap yields 1 day: Given the movement in interest rates in key markets overnight, the NZ 2yr should open up 5bp to 3.11% while the 10yr should open up 4bp at 3.92%.NZ swap yields 1-3 month: Short...

Considerable risk for another leg down in oil prices in the coming months

Jun 22, 2015 17:43 pm UTC| Commentary

At its mid-year meeting, OPEC decided to leave output quotas unchanged, suggesting that it is committed to its fight for market share. Both OPEC and the U.S. continue to pump out oil at elevated rates, driving the wedge...

Q2 is looking better for U.S. home sales

Jun 22, 2015 17:34 pm UTC| Commentary

Existing home sales jumped a greater-than-expected 5.6% in May to 5.35 mln units annualized, the highest since November 2009. This comes on the heels of an upwardly revised April --- now coming in at 5.09 mln units instead...

Global bond markets recouple in 2Q

Jun 22, 2015 17:17 pm UTC| Commentary

Global bond correlations have rebounded in 2Q as the market digested ECB QE. Historically USTs lead Bunds but since August 2014, we find that Bunds lead USTs. Weak global growth and inflation, and central bank easing...

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Economy

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...

Oil Prices Fall as Trump Ceasefire Claim Shifts Market Focus to U.S. CPI

Oil prices declined on Monday after U.S. President Donald Trump announced an immediate energy ceasefire between Russia and Ukraine, while investors awaited key U.S. inflation data and corporate earnings amid ongoing Middle...

European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports

European automaker stocks climbed on Monday after the European Union and China reached a preliminary trade agreement aimed at significantly reducing Chinese hybrid vehicle exports to Europe over the next four years....

S&P 500 Rally Masks Losses for Over 40% of Stocks in 2026

The SP 500 rally in 2026 has pushed the benchmark index up 14% to record highs, but gains remain heavily concentrated among artificial intelligence (AI) and semiconductor stocks, leaving more than 40% of its constituents...

Global Stocks Mixed as Oil Falls Ahead of US Earnings

Global stock markets traded unevenly on Monday as investors prepared for major corporate earnings and key US inflation data, while oil prices declined amid uncertainty surrounding a proposed Russia-Ukraine energy...

Politics

Mahmoud Abbas Postpones Palestinian Elections to September 2027

Palestinian President Mahmoud Abbas has postponed legislative elections scheduled for November 2026 to September 11, 2027, citing Israeli restrictions and deteriorating security conditions in the Palestinian territories. A...

Panama Declares Emergency After 7.7 Earthquake Triggers 200 Aftershocks

Panama has declared a national state of emergency after a powerful 7.7-magnitude earthquake struck on Friday, causing widespread damage to homes, roads, and bridges across the countrys central provinces. Authorities have...

North Korea Fires Ballistic Missiles as Tensions With South Korea Escalate

North Korea launched multiple ballistic missiles toward the sea off its eastern coast on Monday, October 12, as military tensions with South Korea continued to intensify following a series of weapons tests and border...

Pakistan Declares Emergency in Khyber Pakhtunkhwa, Suspends Imran Khan’s PTI Government

Pakistan has declared a state of emergency in Khyber Pakhtunkhwa, suspending the provincial government controlled by jailed former Prime Minister Imran Khans Pakistan Tehreek-e-Insaf (PTI) party amid escalating political...

Djibouti Migrant Boat Capsizes, Killing 139 and Leaving 84 Missing

At least 139 migrants, including 15 children, have died after a boat carrying 305 people capsized off Djibouti while traveling to Yemen, according to the United Nations International Organization for Migration (IOM)....

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

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,...

Apple Supplier Luxshare Faces US Patent Probe, Sees Limited Impact

Chinese electronics manufacturer Luxshare Precision Industry, a major supplier to Apple, expects minimal disruption to its business from a US patent infringement investigation involving data centre power supply technology....

TSMC Profit Set to Surge 65% as AI Chip Demand Drives Record Earnings

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading advanced chipmaker, is expected to report another record quarterly profit as surging artificial intelligence (AI) investments fuel demand for...

Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

Executives at Chinese artificial intelligence startup Moonshot AI are reportedly negotiating a settlement with Recurrent.ai over allegations of misconduct, as the company prepares for its planned Hong Kong initial public...