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Sun, Oct 11, 2026 04:38 PM All times are UTC

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Daily Economic Outlook: 28th August 2015

Aug 28, 2015 04:29 am UTC| Commentary

Amidst ongoing concerns about the outlook for global growth, yesterdays much stronger-than-expected second estimate of US Q2 GDP, which rose by an annualised 3.7%, compared to a 2.3% first estimate and a 0.6% gain in Q1,...

UK rates: Weekly review

Aug 28, 2015 01:49 am UTC| Commentary

Gilts have not been immune to the volatility in global markets with 10y rates moving in a 25bp range over the course of the week. Year to date, there have already been 58 days where the range in the Long Gilt Future has...

Weekly Euro area rates review

Aug 28, 2015 00:54 am UTC| Commentary

The past week has been extremely volatile with developments in China, commodity prices and EM markets creating notable contagion to DM equities. Following the poor price action on Friday, 21 August, US and European equity...

US GDP rose 3.7% in Second Quarter

Aug 28, 2015 00:31 am UTC| Commentary

US GDP rose 3.7% in Q2 (annualised) according to the latest estimate, a very healthy upward revision to the previous estimate of 2.3%, and easily beating the 3.2% consensus. All components were revised up, PCE now seen to...

Philippines looks set to miss growth target

Aug 27, 2015 23:36 pm UTC| Commentary

The Philippines looks set to be the next Asia-Pacific economy to fail to meet its expected growth figure this year after new official data. The data, from the Philippine Statistics Authority, showed the economy expanded at...

US pending home sales rose modestly in July

Aug 27, 2015 23:13 pm UTC| Commentary

US pending home sales reversed course in July. Sales picked up 0.5% in the month (consensus +1.5%), or 7.4% above a year ago. As these, by definition, are signed but not closed contracts, this points to another gain in...

More stagnant inflation for Japan in July

Aug 27, 2015 22:41 pm UTC| Commentary

Japans nationwide CPI (excluding fresh food) likely fell to -0.2% yoy in July (was +0.1% yoy in June). Factors such as the passing on of price increases to products as a result of costpush inflation caused by yen...

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Economy

Bank of America Predicts Yen Rebound as USD/JPY Faces Risks

The Japanese yens prolonged depreciation has been driven entirely by offshore trading activity since 2025, according to Bank of America (BofA), highlighting a significant shift in global foreign exchange market dynamics....

Deutsche Bank CEO Urges Faster German Economic Reforms

Deutsche Bank CEO Christian Sewing has urged the German government to accelerate economic reforms, warning that slow implementation and political compromises could weaken Germanys competitiveness and long-term growth...

Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal

US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskyy, deepening tensions between Washington and Kyiv over a controversial agreement allowing Russian diesel exports to global markets....

Trump Secures Russian Diesel Deal as US Fuel Prices Surge

US President Donald Trump announced Friday that Russia had agreed to immediately supply diesel to American and global markets, aiming to ease soaring fuel prices ahead of the November 3 midterm elections. However, energy...

Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed

Gold prices climbed for a second consecutive session on Friday, reaching a one-week high as declining oil prices strengthened demand for the precious metal. Investors also assessed the Federal Reserves interest rate...

Politics

Houthis Warn Saudi Airports After Deadly Riyadh Attack

Yemens Iran-backed Houthis have warned airlines, passengers and airport employees to avoid Saudi Arabian airports and airspace following a deadly attack on Riyadhs King Khalid International Airport that killed 12 people...

Yandex Data Center Hit by Drone Strike as Russia-Ukraine Cyber Infrastructure Attacks Escalate

Russian technology giant Yandex has suspended operations at a major data center in the Vladimir region following a drone strike, marking the third attack on its server infrastructure within four days as the Russia-Ukraine...

Zelenskiy Offers Russia Energy Truce Amid Trump Pressure

Ukrainian President Volodymyr Zelenskiy said Sunday that Ukraine is prepared to suspend attacks on Russian oil refineries if Moscow agrees to stop targeting Ukrainian energy infrastructure, rejecting US President Donald...

Flydubai Co-Pilot Planned Suicide Attack on Israel Airport, UAE Says

An Omani flydubai co-pilot allegedly planned to hijack a Dubai-Tel Aviv flight and crash the aircraft into a terminal at Israels Ben Gurion Airport in a suicide attack on September 30, according to UAE prosecutors. UAE...

Trump Sanctions International Criminal Court, Sparking EU Backlash

US President Donald Trumps administration imposed sweeping sanctions on the International Criminal Court (ICC) on Friday, escalating tensions with European allies and raising concerns over the future of international...

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

Apple Supplier Luxshare Sees Limited Impact From US Patent Probe

Chinese electronics manufacturer Luxshare Precision Industry expects minimal disruption to its business from a US patent infringement investigation involving power supply technology used in data centres. In a stock...

Elon Musk Eyes Semiconductor Manufacturing Expansion With $15 Billion Terrafab Project

Elon Musk believes his companies could eventually outperform established semiconductor manufacturers by developing more efficient chip production methods, although he cautioned that achieving this ambition could take...

Robinhood Chain Eyes Priority Gas Auctions for Faster Trades

Robinhood Chain, the Ethereum Layer-2 blockchain designed for tokenized real-world assets (RWAs), is reportedly considering a new transaction-ordering system that would allow traders to pay additional fees for faster trade...

Zcash Plans Quantum-Resistant Security Upgrade for January

Zcash (ZEC) developers are preparing to introduce quantum-resistant security features in January 2027, aiming to protect cryptocurrency wallets against potential threats from advanced quantum computing and artificial...

Apple Cuts iPhone 18 Pro Production Orders Amid Weak Demand

Apple Inc. (NASDAQ: AAPL) has reportedly instructed several suppliers to reduce component production for its newly released iPhone 18 Pro and iPhone 18 Pro Max, signaling potential challenges for the companys latest...