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Sat, Jun 13, 2026 01:44 AM All times are UTC

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Brazil experiences large macroeconomic imbalances

Jun 17, 2015 09:49 am UTC| Commentary

The Brazilian real traded with a good tone on Tuesday gaining around 1.2% to the USD and closing at USD-BRL 3.089. The BRL traded at the tune of domestic news largely ignoring the global backdrop that continues to watch...

No rate hike expected from today's FOMC meeting

Jun 17, 2015 09:42 am UTC| Commentary

The Fed wants to be on the safe side, therefore, it will not hike rates at todays meeting.The economic recovery following the weak Q1 is not as obvious from the data as the FOMC would like it to be. There is a reason why...

Safety net OMT program of ECB

Jun 17, 2015 09:26 am UTC| Commentary

The European Court of Justice (ECJ) yesterday decided that the OMT programme, i.e. the unlimited purchase of bonds, was in line with EU legislation. The purchases were not in breach of the ban of monetary financing of the...

Another vote for no change is likely from BoE's minutes

Jun 17, 2015 07:53 am UTC| Commentary

The set of minutes may well have been written long before the date of publication. The MPC meeting this month was a dry-run of the new process of a three-day meeting (Thursday, Monday, Wednesday) followed by the...

UK's earnings growth picking up

Jun 17, 2015 07:47 am UTC| Commentary

The variable like rate of earinings growth will be in the mind of MPC, during revising interest rate."If the output gap is really closing up then it should be showing up in an acceleration in earnings growth. And, growth...

Euro area's May HICP inflation expected at 0.3% yoy

Jun 17, 2015 07:06 am UTC| Commentary

The flash estimate of euro area HICP inflation in May was in line with expectations and quickened to 0.3% yoy in May from 0.0% yoy in April. Core inflation came in higher than expected at 0.9% yoy, up from 0.6% % yoy in...

South Africa's C/A deficit to underscore vulnerability

Jun 17, 2015 06:27 am UTC| Commentary

Q1 current account (C/A) data and the GDP expenditure breakdown will be in focus when Quarterly Bulletin will be released by the South African Reserve Bank (SARB) on 18 June.Despite weaker oil prices in Q1, a limited C/A...

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Economy

Carney and Macron Strengthen Canada-France Defense Ties Amid US Trade Uncertainty

Canadian Prime Minister Mark Carney and French President Emmanuel Macron have agreed to expand defense and industrial cooperation, reinforcing Canadas growing partnership with Europe as trade tensions with the United...

IMF Advances Ukraine Loan Program, Clears $690M Disbursement

The International Monetary Fund (IMF) has reached a staff-level agreement with Ukraine following the latest review of the countrys $8.1 billion loan program, paving the way for a new disbursement of approximately $690...

Oil Prices Fall as U.S.-Iran Peace Deal Hopes Ease Supply Concerns

Global oil prices dropped sharply on Friday and were set for significant weekly losses as growing optimism surrounding a potential U.S.-Iran peace agreement raised expectations that the Strait of Hormuz could soon reopen,...

US Dollar Heads for Weekly Loss as Iran Peace Deal Hopes Boost Risk Appetite

The U.S. dollar weakened on Friday and remained on track for a weekly decline as growing optimism surrounding a potential peace agreement between the United States and Iran improved global market sentiment and reduced...

Gold Prices Slip Weekly Despite Friday Rebound as U.S.-Iran Peace Deal Hopes Grow

Gold prices edged higher on Friday but remained on course for a weekly loss as investors weighed growing optimism over a potential U.S.-Iran peace agreement against expectations of tighter monetary policy from major...

Politics

JCPOA Nuclear Deal Explained as U.S. Nears Potential New Iran Peace Agreement

The United States has indicated that it is close to reaching a new peace agreement that could end the three-month conflict with Iran, although the details of the proposed deal have not yet been disclosed. As discussions...

KMT Chair Cheng Li-wun Defends Taiwan-China Engagement During U.S. Visit

Taiwans main opposition leader, Kuomintang (KMT) Chairwoman Cheng Li-wun, said she used her recent visit to the United States to address what she described as widespread misunderstandings about the partys approach to...

North Korea Slams U.S. Missile Sale to South Korea, Warns of Rising Regional Tensions

North Korea has strongly criticized the United States over its recent approval of a major arms sale to South Korea, arguing that the move will further heighten tensions on the Korean Peninsula and undermine regional...

France Hosts Israeli-Palestinian Civil Society Appeal to Revive Two-State Solution Ahead of G7 Summit

Israeli and Palestinian civil society groups have renewed calls for international support for a two-state solution, urging world leaders not to let the ongoing Middle East conflict overshadow efforts toward lasting peace....

US-Iran Peace Deal Nears as Tehran and Pakistan Signal Breakthrough

Hopes for a historic U.S.-Iran peace agreement strengthened on Friday after encouraging statements from Iranian officials and key mediator Pakistan suggested that a final deal could be close. Iranian Foreign Minister Seyed...

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

SpaceX IPO Set for Explosive Debut as Valuation Tops $2.2 Trillion

SpaceX is poised for one of the most historic stock market debuts ever, with shares expected to open nearly 30% above their initial public offering (IPO) price. According to preliminary Nasdaq data, SpaceX stock (NASDAQ:...

Meta AI Strategy Faces Challenges as Zuckerberg Admits Mistakes in Internal Memo

Meta CEO Mark Zuckerberg has acknowledged that the company has made mistakes during its ongoing artificial intelligence (AI) transformation, according to an internal memo obtained by Reuters. In the memo, Zuckerberg...

Hanmi Semicon Shares Surge After $33 Million SpaceX Investment

South Korean semiconductor equipment maker Hanmi Semiconductor (KS:042700) saw its stock price soar on Friday after announcing a strategic investment in SpaceX, the aerospace company led by Elon Musk. The company revealed...

EngineAI Files for Hong Kong IPO Amid Rising Demand for AI and Robotics Stocks

Chinese humanoid robotics startup EngineAI has reportedly confidentially filed for an initial public offering (IPO) in Hong Kong, seeking to capitalize on growing investor interest in artificial intelligence (AI) and...

Adobe Beats Q2 2026 Estimates, Raises Full-Year Outlook as AI Revenue Surges Despite Stock Drop

Adobe (NASDAQ: ADBE) delivered stronger-than-expected fiscal second-quarter 2026 results, surpassing Wall Street forecasts on both revenue and earnings while raising its full-year guidance. The software giant also reported...