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Central Banks

Tue, May 19, 2026 05:12 PM All times are UTC

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PBoC’s intervention reflects expectation of a weaker Chinese Yuan

Aug 18, 2015 07:36 am UTC| Commentary Central Banks

PBoC set USD-CNY fixing rate at 6.3966 this morning, compared with previous clos-ing of 6.3949. In the meantime, Chinas central bank injected RMB120bn cash into the market via 7-day reverse repo, compared with todays...

RBA minutes signal 'on Hold' stance as lower AUD assists transition

Aug 18, 2015 03:34 am UTC| Commentary Central Banks

For the first time in almost two years the Reserve Bank of Australia (RBA) signalled that the Australian dollar wasnt overvalued in its monthly monetary policy statement, sending a clear signal to markets that further...

RBA to release its August meeting Minutes today

Aug 18, 2015 00:20 am UTC| Commentary Central Banks

The Reserve Bank of Australia (RBA) will release the minutes of its August meeting during the night. However, we should not read too much into these statements. For Australia, economic developments in China, its largest...

Bank of Indonesia rate to remain unchanged

Aug 17, 2015 20:44 pm UTC| Commentary Central Banks

The Bank of Indonesia (BI) is expected to remain on hold during its monetary policy meeting in August, even as the economy braces for its second sub-5% annual growth since the financial crisis hit us. With inflation...

Euro area inflation is lower, but the ECB should not change its view

Aug 17, 2015 15:12 pm UTC| Commentary Central Banks

Following the latest decline in the oil prices, the euro area inflation forecast has been down to 0.1% from 0.2% in 2015 and to 1.2% from 1.4% in 2016. Updated projection does not include a new period of deflation, but it...

PBoC’s buying provides confidence to gold bugs

Aug 17, 2015 14:21 pm UTC| Insights & Views Central Banks

Gold bugs have started the week on happier note today, as report released by Peoples Bank of China (PBoC) showed that it has been active buyer in the gold market. Why China reporting gold reserve: In a bid to win...

PBoC purchases 19 tons of gold in July

Aug 17, 2015 12:15 pm UTC| Commentary Central Banks

The Chinese central bank announced on Friday that it purchased 19 tons of gold in July. It would appear that the PBoC has gone over to reporting its (real) gold purchases monthly, rather than only every six years as it did...

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Economy

UK Hiring Slows as Iran War Fuels Economic Uncertainty in 2026

Britains labor market showed further signs of weakness in April 2026 as employers reduced hiring amid growing economic uncertainty linked to the Iran war and rising energy costs. Fresh data released Tuesday by the Office...

Asian Stocks Mixed as Tech Shares Slide Ahead of Nvidia Earnings

Asian stock markets traded mixed on Tuesday as technology shares followed overnight losses on Wall Street, while investors reacted to stronger-than-expected Japanese economic growth and ongoing geopolitical tensions in the...

US Stock Futures Steady as Nvidia Earnings and Iran Tensions Keep Investors on Edge

U.S. stock futures traded mostly unchanged late Monday as investors remained cautious following a technology-driven pullback on Wall Street. Market sentiment stayed fragile as traders closely watched escalating tensions...

Oil Prices Drop as Trump Delays Iran Strike, Russia Sanctions Waiver Eases Supply Concerns

Oil prices declined during early Asian trading on Tuesday after U.S. President Donald Trump announced a delay in a planned military strike against Iran, signaling that diplomatic negotiations were still underway. The...

Gold Prices Climb as Trump Delays Iran Strike, Boosting Safe-Haven Demand

Gold prices edged higher during Asian trading on Tuesday after U.S. President Donald Trump announced that a planned military strike against Iran had been postponed while diplomatic negotiations continued. The development...

Politics

Russia Downs Drones Near Moscow as Airstrikes Hit Ukraine’s Izmail Port

Russia and Ukraine exchanged fresh overnight drone attacks on Tuesday, escalating tensions as the war continues with no breakthrough in peace negotiations. Ukrainian officials said a Russian air assault damaged critical...

TrumpRx Expands Discount Drug Access With 600 Generic Medications

U.S. President Donald Trump announced that TrumpRx.gov will now offer more than 600 generic prescription drugs, significantly expanding the administrations effort to lower medication costs for Americans. The...

Minnesota ICE Agent Charged in Venezuelan Immigrant Shooting During Trump Immigration Crackdown

Minnesota prosecutors have charged a U.S. Immigration and Customs Enforcement (ICE) agent in connection with the January shooting of a Venezuelan immigrant in Minneapolis during President Donald Trumps intensified...

Pentagon Watchdog Probes U.S. Caribbean Boat Strikes Amid Legality Concerns

The Pentagons internal watchdog has launched an investigation into whether U.S. military boat strikes in the Caribbean complied with official targeting procedures during operations tied to anti-crime and security missions,...

Alex Saab Faces U.S. Money Laundering Charges Over Venezuela Oil and Food Deals

Alex Saab, a Colombian-Venezuelan businessman closely linked to former Venezuelan President Nicolas Maduro, has been charged by the U.S. Department of Justice in a major money laundering case tied to Venezuelan government...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Mistral AI Acquires Emmi AI to Expand Industrial AI Solutions in Europe

French artificial intelligence company Mistral AI has acquired Austrian startup Emmi AI in a strategic move to strengthen its industrial AI capabilities across Europe. The deal, announced Tuesday, highlights the growing...

Tencent Shares Jump 4% as AI Models Move Toward Paid Commercial Services

Tencent Holdings (HK:0700) shares surged more than 4% on Tuesday after the Chinese tech giant announced plans to commercialize several of its artificial intelligence models, signaling a stronger push into monetizing AI...

Analog Devices Nears $1.5B Acquisition of AI Chip Firm Empower Semiconductor

U.S. semiconductor giant Analog Devices is reportedly in advanced discussions to acquire AI-focused chipmaker Empower Semiconductor in a deal valued at approximately $1.5 billion in cash, according to a Bloomberg News...

Google, Blackstone Launch $5B AI Cloud Venture to Challenge Nvidia and CoreWeave

Alphabets Google and Blackstone are reportedly joining forces to launch a new artificial intelligence cloud company powered by Googles proprietary AI chips, according to a Wall Street Journal report published Monday. The...

OpenAI Wins Elon Musk Lawsuit as Jury Rejects Claims Over AI Mission

A U.S. jury has ruled that OpenAI is not liable in a lawsuit brought by Elon Musk, marking a major legal victory for the artificial intelligence company. The verdict was delivered Monday in a federal court in Oakland,...