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Eurogroup meeting, GDP and IP in focus

May 10, 2015 21:25 pm UTC| Commentary

The Eurogroup meeting (Monday) will be mostly dedicated to Greece. Finance ministers will review progress on the negotiations for the conclusion of the programme, but an agreement is not expected that would unlock the...

Australia's federal budget to show an improving trajectory

May 10, 2015 21:08 pm UTC| Commentary

Australias federal budget on Tuesday should show an improving trajectory, but larger deficits compared with MYEFO.More importantly though, the lack of credible medium-term fiscal consolidation plan has received more...

US non-farm payrolls rose 228k in April

May 10, 2015 20:51 pm UTC| Commentary

United States non-farm payrolls rose 228k in April, compared to a downwardly revise 85k in March.The unemployment rate of 5.4% matched expectations as well as the March result, while hourly earnings growth was...

Bank of Korea to leave rates at 1.75%

May 10, 2015 20:35 pm UTC| Commentary

BoK is expected to leave rates at 1.75% on Thursday, but there is a small minority (2 out of 10) expecting a 25bps rate cut.With growth and inflation subdued, BoK remains under pressure and the door remains open for...

A very busy week ahead for UK events

May 10, 2015 20:26 pm UTC| Commentary

Its a very busy week for UK events, with the BoE meeting tonight, IP data (Tues), BoE inflation report (Weds), and labour market report (Weds).The BoE meeting should be a unanimous decision for no change, and a non-event....

May BoE MPC announcement will likely see monetary policy unchanged

May 08, 2015 18:57 pm UTC| Commentary

The focus in the upcoming week will primarily be on the Bank of England. The May MPC announcement (Mon) will likely see monetary policy unchanged. However, of more interest will be Wednesdays release of the Inflation...

Negotiations about Greek debt to again come to the fore

May 08, 2015 18:36 pm UTC| Commentary

The coming week is a key one for Greece. Negotiations over a compromise between Greece and its creditors continue ahead of Mondays Eurogroup meeting. A final agreement by then seems unlikely.However, it is probable that...

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Economy

Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy

Singapores economy delivered stronger-than-expected growth in the second quarter of 2026, prompting the government to significantly raise its full-year GDP forecast as booming global demand for artificial...

England Drought Expands to 71% as Heatwave Deepens Water Crisis

Nearly three-quarters of England is now experiencing drought conditions as prolonged heat and exceptionally low rainfall put increasing pressure on water supplies, agriculture and wildlife, the British government said...

Gold Prices Rise as Fed Rate Hike Bets Ease

Gold prices extended their strong rally on Monday as weak U.S. employment data reduced expectations for further Federal Reserve interest rate hikes, while investors turned their attention to upcoming U.S. inflation...

S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions

U.S. stocks ended Monday slightly lower as renewed uncertainty over the Middle East conflict pushed oil prices higher and weighed on technology shares. The SP 500 and Nasdaq Composite declined as investors grew less...

Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty

Wall Street stocks edged lower on Monday while oil prices jumped about 5% as investors weighed Federal Reserve interest rate expectations and uncertainty surrounding negotiations to reopen the Strait of Hormuz. The Dow...

Politics

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

North Korea Slams Japan’s 2026 Defense White Paper

North Korea has sharply criticized Japans 2026 Defense White Paper, accusing Tokyo of using concerns over Pyongyangs military activities to justify an expanding arms buildup and a more assertive defense posture. In a...

Russian Missile Attack on Kyiv Sparks Fires in City Centre

Russian forces launched a missile attack on Kyiv early Tuesday, triggering explosions and fires in the centre of the Ukrainian capital, according to local officials and witnesses. Kyivs military administration reported...

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

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...
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