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Fri, Jun 12, 2026 05:24 AM All times are UTC

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Indonesia's BI likely to cut rate in May

May 18, 2015 07:37 am UTC| Commentary

Bank Indonesia (BI) will hold its policy meeting on Tuesday, 19 May. The BI rate is expected to cut by 25bps to 7.25% on the back of a narrowing C/Adeficit in Q1-2015 and manageable inflation, accroding to Standard...

India's April trade deficit likely to have narrowed

May 18, 2015 07:32 am UTC| Commentary

India will release April trade data during the week of 11 May. The trade deficit is likely to have narrowed to USD 9.5bn from USD 11.8bn in March."Exports likely contracted again (declining 20% y/y, versus 21% in March) on...

Euro area manufacturing PMI to soften; services PMI to strengthen

May 18, 2015 05:28 am UTC| Commentary

The euro area manufacturing PMI is likely to soften from 54.1 to 54.3 in May. On the other hand, the PMI for the services sector should marginally increasefrom 54.1 to 54.3. Historically, such PMI levels (for both the...

Final April euro area inflation print to confirm flash estimates at 0.0% yoy

May 18, 2015 05:25 am UTC| Commentary

Although the final Italian and Spanish HICP readings were trimmed a bit, the final euro area aggregation number is not expected to change significantly.Euro area flash HICP inflation printed at 0.0% yoy in April after...

US dollar and interest rate weak

May 18, 2015 05:19 am UTC| Commentary

Global market sentiment: The US dollar and US interest rates fell amid weak economic data. All the US data releases undershot their median estimates,notably consumer sentiment which caused the sharpest currency moves...

US existing home sales to moderate after recent gains

May 18, 2015 02:26 am UTC| Commentary

Resale activity remained surprisingly resilient during the winter months despite the unusually harsh temperatures.In our view, this is confirmation of the favorable fundamentals which include a sharp pickup in household...

LatAm: More fiscal news to come from Brazil

May 18, 2015 00:43 am UTC| Commentary

The week in Brazil should start focused on the cut in expenditures that the government should announce by Thursday; local news sources say that the government will have a meeting this Sunday to discuss a cut of up to...

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Economy

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...

Trump Signals Possible U.S.-Iran Peace Deal as Hormuz Reopening Nears

U.S. President Donald Trump announced that the United States and Iran could finalize a peace agreement as early as this weekend, potentially reopening the strategically important Strait of Hormuz and marking a major...

US Appeals Court Keeps Trump’s 10% Global Tariff in Effect During Ongoing Legal Battle

A U.S. federal appeals court has extended its temporary stay on a lower court ruling that challenged the Trump administrations 10% global tariff imposed under Section 122 of the Trade Act of 1974. The decision allows the...

Politics

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...

Lebanon Resists Iran Pressure as Israel-Hezbollah Ceasefire Talks Stall

Lebanon is pushing ahead with diplomatic efforts to end the conflict with Israel despite growing pressure from Iran, which is seeking to preserve its influence in the country through Hezbollah. As ceasefire negotiations...

Trump Nominates Jay Clayton as DNI Amid FISA Surveillance Dispute

President Donald Trump has nominated Jay Clayton, the current U.S. Attorney for the Southern District of New York, to serve as the next Director of National Intelligence (DNI), a move that comes amid growing political...

Peru Election 2026: Fujimori Holds Narrow Lead as Contested Votes Face Review

Perus presidential election remains too close to call as electoral authorities begin reviewing hundreds of thousands of contested ballots, with conservative candidate Keiko Fujimori holding a razor-thin lead over leftist...

Trump Administration Plans Deportation of Iranian Migrants to Central African Republic Under New Third-Country Deal

The Trump administration is preparing to deport a group of Iranian migrants, along with nationals from several other countries, to the Central African Republic (CAR) under a controversial third-country deportation...

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

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...

SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans

SK Hynix shares recovered from early losses on Thursday after reports revealed the companys ambitious plan to significantly expand its wafer production capacity over the next decade. The South Korean memory chip...