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Mon, Oct 12, 2026 04:38 AM All times are UTC

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Record trade deficit in Australia

Jun 04, 2015 07:00 am UTC| Commentary

The Australian trade balance data for April provided a considerable surprise. The deficit reached the highest level ever reached in Australia (3.89bn. A$). The effect came from both directions: exports collapsed by 6%...

Bond sellof lifts EUR-USD

Jun 04, 2015 06:55 am UTC| Commentary

The reason for the strong reaction in EUR-USD is more likely to be the bond market. It was sufficient that Draghi did not find any reasons to use concerned words. Clearly euro zone bonds were already under so much pressure...

Taiwan's core CPI inflation to weaken further in May

Jun 04, 2015 06:41 am UTC| Commentary

Taiwans headline CPI inflation probably remained negative at -0.8% yoy in May, unchanged from April. A strong negative base effect was mainly to blame. In mom terms, food price inflation is likely to soften on lower...

EUR short squeeze continues

Jun 04, 2015 05:59 am UTC| Commentary

The euro (EUR) rallied more than 1bps against the US dollar (USD) on a virtually unchanged policy statement and a QA session in which Draghi noted that the ECB could add to the set of current of policies if there was an...

Evidence of the effects of ECB action

Jun 04, 2015 05:42 am UTC| Commentary

Across the euro area access to finance is no longer a pressing problem for SMEs. A bi-annual survey of euro-area enterprises access to finance conducted by the ECB from October 2014 to March 2015 found that Finding...

Medium-term outlook for Euro area inflation depends on growth

Jun 04, 2015 05:33 am UTC| Commentary

The ECBs January decision to add sovereign debt to its asset-purchase programme was likely the last step in the easing cycle that began in June 2014. Since then, the ECB has lowered the refinancing rate to 0.05% from...

Daily Economic Outlook: 4th June, 2015

Jun 04, 2015 05:28 am UTC| Commentary

The data and events calendar is devoid of big hitters today and market focus will be on tomorrows US labour market report and the looming series of payments to the IMF by Greece this month, including around 300m on Friday....

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Economy

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...

US Dollar Near 18-Month High Ahead of Inflation Data

The US dollar remained close to an 18-month high on Monday as escalating Middle East tensions and expectations surrounding upcoming US inflation data kept investors cautious about the Federal Reserves next interest rate...

IMF, World Bank Meetings Face Global Economic Risks Amid Iran War

Global finance leaders are gathering in Bangkok this week for the annual International Monetary Fund (IMF) and World Bank meetings as the prolonged Iran war, surging energy prices, rising interest rates and mounting debt...

US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings

U.S. stock index futures climbed on Sunday evening as falling oil prices boosted market sentiment following President Donald Trumps announcement of an energy ceasefire between Russia and Ukraine. However, Wall Street gains...

Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns

Gold prices climbed on Monday as investors weighed U.S. President Donald Trumps announcement of an immediate energy ceasefire between Russia and Ukraine against escalating Middle East tensions and persistent inflation...

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

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...

Amazon in Talks to Acquire AI Startup Decart for $7 Billion

Amazon is reportedly negotiating a potential $7 billion acquisition of artificial intelligence startup Decart, signaling the technology giants growing ambitions in generative AI, real-time video processing, and advanced...

Yandex Data Center Hit by Drone Strike as Russia-Ukraine Cyber Infrastructure Attacks Escalate

Russian technology giant Yandex has suspended operations at a major data center in the Vladimir region following a drone strike, marking the third attack on its server infrastructure within four days as the Russia-Ukraine...