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Kenya – Central Bank Rate likely to be hiked by 100bps

Jun 07, 2015 22:07 pm UTC| Commentary

Recent Kenyan shilling (KES) weakness and higher inflation have started to affect business confidence in Kenya. Inflation rose much faster than expected to 7.1% y/y in April from 5.6% in March.It decelerated slightly to...

China's inflation likely eased again in May

Jun 07, 2015 21:52 pm UTC| Commentary

Chinas inflation likely eased again in MayChinas CPI inflation is expected to have eased again to 1.3% y/y (-0.1% m/m) in May from 1.5% in April. Food prices likely dropped 0.8% m/m (-0.96% in April) on lower vegetable,...

AU rates review

Jun 07, 2015 21:22 pm UTC| Commentary

Westpac Research notes:Australian 3yr government bond (futures) yields initially followed the US moves but then retraced. The 3yr yield rose from 2.10% to 2.19% but quickly returned to 2.11%, while the 10yr yield bounced...

US rates review

Jun 07, 2015 21:21 pm UTC| Commentary

Westpac Research notes:US 10yr treasury yields rose from 2.32% to 2.44% - an eight-month high - following the US payrolls data and then consolidated during the remainder of the NY session. The 2yr yield jumped from 0.67%...

Daily outlook for AUD/NZD

Jun 07, 2015 21:20 pm UTC| Commentary

Westpac Research notes:AUD/NZD 1 day: Rangebound between 1.0770 and 1.0860.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a conditional easing bias. Expected RBA vs...

Daily outlook for NZD/USD

Jun 07, 2015 21:19 pm UTC| Commentary

Westpac Research notes:NZD/USD 1 day: Targets 0.6950 next.NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to resume with stronger US data in Q2 and Q3 and therefore expect NZD/USD to fall, the next major...

Daily outlook for AUD/USD

Jun 07, 2015 21:18 pm UTC| Commentary

Westpac Research notes:AUD/USD 1 day: A break below 0.7600 is on the cards and would signal a much larger decline ahead.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during...

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Economy

ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks

The European Central Bank (ECB) will keep all policy options on the table ahead of its July meeting and stands ready to take further action if rising energy costs linked to the Iran conflict fuel broader inflationary...

Asian Currencies Mixed as Dollar Slips on Iran Peace Hopes and Fed Rate Outlook

Asian currencies traded mixed on Friday while the U.S. dollar weakened slightly, as investors assessed growing optimism over a potential U.S.-Iran peace agreement and the latest signals on Federal Reserve interest rate...

Asian Stocks Rally as Trump Signals Iran Peace Deal; Tech and Chip Shares Rebound Strongly

Asian stock markets surged on Friday after U.S. President Donald Trump indicated that a peace agreement with Iran could be finalized soon, boosting investor confidence and driving a broad rally across regional equities....

Japan Core Inflation Seen Steady in May Ahead of BOJ Rate Hike

Japans core inflation rate likely remained unchanged in May, signaling that price pressures are still below the Bank of Japans (BOJ) 2% target despite rising energy costs and expectations of further monetary tightening....

Gold Prices Slide Toward Second Weekly Loss as Fed Rate Hike Expectations Weigh on Market

Gold prices declined on Friday, marking their second straight weekly loss as investors reacted to persistent U.S. inflation concerns and growing expectations that the Federal Reserve could raise interest rates later this...

Politics

South Korea Ballot Shortage Sparks Protests, Election Fraud Claims, and Calls for Rerun

A ballot paper shortage during South Koreas recent local elections has triggered widespread protests, intensified political tensions, and raised concerns about public confidence in the countrys democratic process. Many...

US Plans NATO Force Reduction in Europe Amid Defense Burden Dispute

The United States is reportedly preparing to reduce the number of aircraft, warships, and other military assets available for NATO operations in Europe, a move that could significantly impact the alliances defense...

Trump Signals Possible Iran Peace Deal as Markets Rally

Hopes for a breakthrough in U.S.-Iran relations rose on Friday after U.S. President Donald Trump suggested that a peace agreement with Iran could be finalized as early as this weekend. If completed, the deal would mark a...

France Hosts Israeli-Palestinian Peace Conference to Revive Two-State Solution

French officials, Israeli and Palestinian civil society leaders, and representatives from dozens of countries gathered in France on Friday to reaffirm support for a two-state solution and prevent the issue from fading amid...

DOJ Sues Virginia Over Law Enforcement Mask Ban

The U.S. Department of Justice (DOJ) has filed a lawsuit against the state of Virginia, challenging a recently enacted law that restricts law enforcement officers from wearing face coverings while carrying out official...

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

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...

SpaceX IPO Sets Record With $75 Billion Raise, Valuation Hits $1.77 Trillion

SpaceX has officially made history after pricing its highly anticipated initial public offering (IPO) at $135 per share, raising an unprecedented $75 billion and becoming the largest IPO ever completed in the United...

Astera Labs and Rocket Lab Surge After Nasdaq-100 Inclusion Announcement

Shares of Astera Labs (NASDAQ: ALAB) and Rocket Lab (NASDAQ: RKLB) climbed sharply in after-hours trading on Thursday after Nasdaq confirmed both companies will be added to the prestigious Nasdaq-100 Index during its June...
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