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Lower demand from EMs and China hit German economy

Sep 25, 2015 06:22 am UTC| Commentary Economy

The PMIs fell more than expected in Germany, pulled down particularly by lower manufacturing confidence. Whereas, the levels are still high indicating a growth rate around 0,4 % in the third quarter of 2015, argues Nordea...

China need policy easing to accelerate growth momentum

Sep 25, 2015 04:42 am UTC| Commentary Economy

The latest data continue to suggest weakened growth momentum and the growth outlook. Continued policy easing is anticipated to bolster the slowdown amid accelerating capital outflows and CNY depreciation...

EM's poor growth preformance may hit German economy

Sep 24, 2015 12:36 pm UTC| Commentary Economy

The Ifo business climate for German trade and industry has surprised economists (consensus: 107.9) and in fact risen marginally this month from the high level of 108.4 to 108.5. However, it would be premature to celebrate,...

Mexico's inflation likely to slip again in September

Sep 24, 2015 06:29 am UTC| Commentary Economy

Mexicos inflation slipped below 3.0% (the Banxicos target) in May for the first time in a decade and has declined even further since then, as core inflation remained at its lowest level ever at 2.3% and food inflation fell...

Fiscal risks and weak growth add pressure on BRL

Sep 23, 2015 04:22 am UTC| Commentary Economy

Little reason is seen to believe that BRL depreciating trend is over. Brazil economic activity continues to collapse and political commitment to push forth the necessary structural reforms remains lacking. As such,...

Impact of weaker euro visible but only on import prices

Sep 23, 2015 03:18 am UTC| Commentary Economy

The pass-through of a weaker euro (which depreciated 10% between July 2014 and July 2015) so far can only be traced to the early stages of the price chain, i.e. import prices growth has gone from -1% to 1.8% yoy during the...

U.K. economy loses steam- CBI Survey

Sep 22, 2015 10:40 am UTC| Insights & Views Economy

Bank of England (BOE) officials have remained positive over UKs economy, however survey by conference board says otherwise. Manufacturing output growth has stalled in September, first time in two and half years as...

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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

Tesla and SpaceX Staff Defy Musk, Channel Donations to Harris Over Trump

Even as Elon Musk endorses Donald Trump, employees at his companiesTesla, SpaceX, and Xare directing more campaign contributions to Kamala Harris, revealing a political disconnect between Musk and his workforce. Musk...

Donald Trump Buys Burgers with Bitcoin at NYC Bar During Historic Campaign Stop

Donald Trump made headlines by purchasing burgers with Bitcoin at PubKey, a Bitcoin bar in New York City. The transaction marked a historic moment as the former U.S. president embraced cryptocurrency during his 2024...

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,...

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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