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US consumer credit probably reaccelerated in August

Oct 04, 2015 23:28 pm UTC| Commentary Economy

Powered by an anticipated auto-led pickup in nonrevolving liabilities outstanding, the nominal value of consumer instalment credit likely expanded by $21.5 billion in August, eclipsing the $19-billion takedown posted in...

EMEA: Poland on hold, divergent inflation trends in Turkey and Russia

Oct 04, 2015 22:18 pm UTC| Commentary Economy

In Poland, NBP is expected to keep policy rate unchanged. Inflation surprised on the downside, and is very low at -0.8% y/y. However, base effects and drought should boost it in Q4 and next year. Growth has remained steady...

U.S. not immune to global weakness

Oct 04, 2015 07:52 am UTC| Commentary Economy

Headwinds to U.S. growth emanating from the soft global economic backdrop and elevated greenback were one of the motivations behind the Feds decision not to raise rates in September. As we kick off October, these risks...

U.K. housing construction supported by strong demand

Oct 02, 2015 04:44 am UTC| Commentary Economy

U.K. housing construction data is scheduled to release today. The construction PMI paints a clear picture of the housing sector leading the pack, followed by commercial construction with civil engineering a distant...

Japan faces risk of a technical recession

Oct 01, 2015 23:05 pm UTC| Commentary Economy

The risk of a technical recession has emerged due to the weakness in recent data. Industrial production contracted 0.5% (MoM sa) in Aug15, the second consecutive month of decline, reflecting the deterioration in exports...

Korea's inventory overhang improves a little

Oct 01, 2015 03:34 am UTC| Commentary Economy

The persistent sluggishness in the trade performance and the large inventory overhang in autos and electronics increase the likelihood that Q3 GDP growth may undershoot the official expectations of at least 1% q/q...

Asian stocks rise amid mixed factory data

Oct 01, 2015 03:11 am UTC| Economy

A solid close on Wall Street overnight translated into somewhat softer gains in Asia on Thursday morning. Asian markets were generally higher on Thursday, with a slew of manufacturing data from the region prompting little...

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Economy

U.S. Factory Output Rises in August as Motor Vehicle Production Rebounds

U.S. factory production rebounded in August, with a 0.9% increase driven by a sharp recovery in motor vehicle output. After a 0.7% decline in July, the Federal Reserves report signals improvements in the manufacturing...

UK CPI

UK Aug CPI came unchanged 2.2% y/y as expected, while core CPI jumped to 3.6% y/y compared to a forecast of 3.5% y/y. The probability of rate pause increased to 63% after solid CPI data. Major resistance-...

Oil Prices Climb Amid U.S. Output Concerns and Anticipated Crude Inventory Drop

On September 17, oil prices continued to rise as the market assessed concerns regarding U.S. output in the wake of Hurricane Francine and anticipated a decrease in U.S. crude stockpiles. Brent Crude Futures Rise to...

Philippine Remittances Hit 2024 High of $3.08 Billion in July, Growth Slows

Remittances from overseas Filipinos reached a 2024 peak of $3.08 billion in July, a 3.1% increase from the previous year. Despite the rise, analysts warn that remittance growth is plateauing, with future gains projected to...

Politics

Kamala Harris Presidency May Drive US Crypto Firms Overseas, Warns Nansen CEO at Token2049

Nansen CEO Alex Svanevik predicts a Kamala Harris presidency would create a challenging landscape for U.S. crypto firms, likely pushing businesses to move abroad, while a Trump victory could boost domestic cryptocurrency...

Is 'Dying' Joe Biden Using a Doppelgänger? The Controversial Rumor Resurfaces Amid Health Speculations

Rumors about President Joe Bidens health have taken a dramatic turn as a conspiracy theory suggesting that the 81-year-old leader is using a doppelgnger has resurfaced. The claim, which gained traction on social media,...

Is Melania Trump An Adult Film Actress? Ex-FLOTUS Defends Nude Modeling Job As 'Celebration of the Human Form'

As former First Lady Melania Trump prepares to release her memoir, she has reignited public discussion about her past nude modeling work. In a rare statement, Trump framed her work as a form of artistic expression and...

Scripted? 'Hollywood Liberal' Billie Eilish Faces Backlash From Donald Trump Supporters After Endorsing Kamala Harris and Tim Walz

Billie Eilish, the 22-year-old Grammy-winning singer, is the latest celebrity to be swept into political controversy after publicly endorsing Kamala Harris and Tim Walz for the upcoming elections. Eilish and her brother...

Science

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

스페이스X, FAA 지연 속 스타십 시험 비행 11월 목표 발표

스페이스X는 미 연방항공청(FAA)의 승인 절차 지연으로 인해 5번째 스타십 시험 비행 목표를 11월로 재설정했다. 이 항공우주 기업은 환경 평가와 규제 문제를 주요 요인으로 꼽으며, 이번 야심 찬 임무가 지연된 이유를...

Technology

Nintendo Switch 2 Photos Leak Online: Bigger Screen, Magnetic Controllers, and Enhanced Specs Revealed

Fresh leaks featuring photos and specifications of the Nintendo Switch 2 have emerged, showcasing a larger console design with a bigger screen, magnetic side rails for Joy-Con controllers, and significant upgrades like...

Shiba Inu Community on High Alert: Dangerous Clipper Malware Targets Crypto Wallets

A serious warning has been issued to the Shiba Inu and Bitcoin communities as clipper malware, known for altering crypto wallet addresses, has resurfaced. This dangerous software threatens to redirect funds to attackers...

Bitcoin Poised for Breakout Near $61K as Fed Rate Cuts Loom, October Surge Expected

Bitcoins price hovers near $61,900 as investors anticipate a potential breakout. Historical trends suggest BTC may rally in October, especially with a Federal Reserve rate cut looming. Experts debate whether this will...

Shiba Inu Sees 129% Transaction Surge as Whales Eye Shibarium’s Liquid Staking Debut

Shiba Inu (SHIB) experienced a 129% surge in large transactions, with $33 million in SHIB moved by whale holders. This comes amid growing anticipation for Shibariums upcoming liquid staking platform, which is expected to...
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