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Daily outlook for NZD/USD: Westpac

Mar 03, 2015 20:31 pm UTC| Commentary

Quotes from Westpac Research:- NZD/USD 1 day: Yesterdays RBA surprise restores NZD to a slightly positive near-term footing. We target a break above 0.7575, but AU GDP will be a risk.- NZD/USD 1-3 month: Multi-month, we...

Daily outlook for AUD/USD: Westpac

Mar 03, 2015 20:31 pm UTC| Commentary

Quotes from Westpac Research:- AUD/USD 1 day: Yesterdays RBA surprise puts AUD in a neutral 0.7750-0.7850 range ahead of GDP, ensuing direction then dependant on the direction of any surprise.- AUD/USD 1-3 month: Falling...

US rates review: Westpac

Mar 03, 2015 20:17 pm UTC| Commentary

Quotes from Westpac Research:- US 10yr treasury yields rose from 2.08% to 2.11% - a one-week high, the 2yr yield rose from 0.65% to 0.67%, and the curve retained a steepening bias.- Apart from expectations of Fed...

AU rates review: Westpac

Mar 03, 2015 20:16 pm UTC| Commentary

Quotes from Westpac Research:- Australian 3yr government bond future yields ranged sideways between 1.83% and 1.87%.- That compares with the 1.78% level prevailing just before the RBA surprised the market by not cutting...

Central Bank of Poland looks set to cut interest rates today: Capital Economics

Mar 03, 2015 19:56 pm UTC| Commentary

Quotes from Capital Economics:- The Central Bank of Poland looks set to cut interest rates today. Having kept rates on hold at the previous meeting, Governor Belka made it pretty clear that rates will be lowered this time...

Fall in investment will likely be a big drag on Australia GDP growth this year: Capital Economics

Mar 03, 2015 19:48 pm UTC| Commentary

Quotes from Capital Economics:- GDP probably grew by 0.7% q/q in Q4 last year in Australia, up from 0.3% q/q in Q3 (00.30 GMT). But this should not be taken as a sign that Australia is passed the worst.- Indeed, it looks...

Japan wage growth may pick up further in coming months: Capital Economics

Mar 03, 2015 19:31 pm UTC| Commentary

Quotes from Capital Economics:- In contrast to expectations of a slowdown, preliminary data showed that wage growth remained unchanged at 1.3% y/y in January. (Data released on Tuesday.) Base pay increased by 0.8% y/y, the...

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Economy

New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election

New Zealands economic outlook has become increasingly complicated as rising inflation and elevated unemployment place the Reserve Bank of New Zealand (RBNZ) under growing pressure ahead of the closely contested 2026...

Asian Stocks Slide, Oil Prices Climb as Middle East Tensions and Inflation Fears Shake Markets in 2026

Asian stock markets declined on Wednesday while oil prices advanced as escalating tensions in the Middle East fueled investor concerns and weakened confidence across global financial markets. The renewed conflict has...

Japan Producer Prices Surge in May, Strengthening Expectations of BOJ Rate Hike

Japans producer prices increased more than expected in May, highlighting ongoing inflationary pressures driven by rising energy and raw material import costs. Fresh data released by the Bank of Japan (BOJ) showed that the...

US Stock Futures Slip as New Iran Strikes Weigh on Market Sentiment Ahead of Inflation Data

U.S. stock index futures moved lower on Tuesday evening as renewed military action involving Iran dampened investor confidence and raised fresh concerns about geopolitical stability. Market participants are also closely...

BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure

The Bank of Japan (BOJ) is facing growing pressure to accelerate interest rate hikes as the Japanese yen remains weak and expectations increase for a more hawkish U.S. Federal Reserve policy. Strong U.S. labor market data...

Politics

Randy Villegas Advances to Face David Valadao in Key California Congressional Race

Democratic challenger Randy Villegas, an educator and community advocate, is projected to advance to the November general election following Californias open primary election held on Tuesday. According to U.S. media...

US Voters Prioritize Party Loyalty Over Candidate Controversies, Reuters/Ipsos Poll Finds

A new Reuters/Ipsos poll suggests that most American voters are unlikely to abandon their preferred political partys candidate, even when serious controversies surround them. The findings highlight the growing political...

Trump Nears Decision on Permanent U.S. Intelligence Chief as FISA Renewal Faces Senate Resistance

President Donald Trump is reportedly close to selecting a permanent Director of National Intelligence (DNI), according to U.S. House Speaker Mike Johnson, as lawmakers debate the future of a key U.S. surveillance law set...

Steve Hilton and Xavier Becerra Advance to California Governor Election After Primary Results

Republican political commentator Steve Hilton and Democrat Xavier Becerra have officially advanced to Californias November 3, 2026, gubernatorial election after emerging as the top two candidates in the states June 2 open...

LePage Wins GOP Nomination in Key Maine House Race Ahead of 2026 Election

Former Maine Governor Paul LePage has secured the Republican nomination for Maines 2nd Congressional District, setting the stage for a closely watched showdown in the 2026 U.S. House election. The race is expected to draw...

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 Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...

OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets

OpenAI has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), taking a major step toward a potential initial public offering (IPO). The move positions the...

Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026

Apple has introduced the latest version of its Apple Intelligence platform at the Worldwide Developers Conference (WWDC) 2026, signaling a stronger push into the rapidly evolving artificial intelligence market. The...

Qualcomm Stock Gains After Jensen Huang Endorsement

Qualcomm (NASDAQ: QCOM) shares moved higher in after-hours trading on Monday, rising approximately 2% after NVIDIA (NASDAQ: NVDA) CEO Jensen Huang publicly praised the semiconductor company and encouraged investors to...
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