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UK policy mix to be dominated by fiscal policies

Jul 23, 2015 01:06 am UTC| Commentary

In terms of fiscal policy, we have aligned our forecast with the governments plans but only for the first two years (structural consolidation of 0.9% and 1.3% of GDP in 2015-16 and 2016-17, respectively) as we believe that...

Greece back in deep recession

Jul 23, 2015 00:28 am UTC| Commentary Economy

While the worst-case outcome may have been averted in the short run, macroeconomic conditions have deteriorated significantly during five months of unsuccessful talks. With banks having been closed for three weeks, they...

Spanish economic growth beating expectations

Jul 22, 2015 23:49 pm UTC| Commentary

Economic activity continues to beat most market expectations. The Spanish economy grew by 0.9% q/q in Q1 15. As in other EA economies, private consumption was the main driver, even if private sector investment and public...

Spain: Improving financial conditions and housing market

Jul 22, 2015 23:34 pm UTC| Commentary

Spains improving financing and credit conditions will remain supportive of growth. SME funding and new credit to households continue to grow. Gross household loans rose 3.2% in April and SME loans (up to EUR1mn) grew above...

RBNZ cut the OCR by 25bp to 3.00%

Jul 22, 2015 23:19 pm UTC| Commentary Central Banks

The RBNZs OCR Review this morning cut the OCR by 25bp to 3.00%, and said more easing was likely. Westpac Research notes: The crucial guidance paragraph read: A reduction in the OCR is warranted by the softening in...

Preliminary signs that the Italian labour reform is already at play

Jul 22, 2015 23:03 pm UTC| Commentary

The latest encouraging set of labour market data shows the reform approved by the government at the beginning of March has already started to produce positive effects.The reform has already helped reduce labour market...

French business confidence gains bode well for a rebalancing of the recovery

Jul 22, 2015 22:39 pm UTC| Commentary

Despite some divergence in June, French business confidence indicators continued to improve, with INSEE, Bank of France and PMIs climbing 2.3pts, 2.4pts and 1pt, respectively during Q2 15. This upward trend was supported...

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Economy

US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings

U.S. stock index futures climbed on Sunday evening as falling oil prices boosted market sentiment following President Donald Trumps announcement of an energy ceasefire between Russia and Ukraine. However, Wall Street gains...

Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns

Gold prices climbed on Monday as investors weighed U.S. President Donald Trumps announcement of an immediate energy ceasefire between Russia and Ukraine against escalating Middle East tensions and persistent inflation...

UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks

British Finance Minister John Healey is set to emphasize fiscal discipline and economic resilience during the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok this week, as governments confront...

Oil Prices Rise as Houthi Attacks Threaten Middle East Supply

Oil prices climbed on Monday as escalating Middle East tensions, renewed Houthi attacks on Saudi Arabia, and tanker incidents near the Strait of Hormuz heightened concerns over global crude supply disruptions. Brent crude...

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....

Politics

Mahmoud Abbas Postpones Palestinian Elections to September 2027

Palestinian President Mahmoud Abbas has postponed legislative elections scheduled for November 2026 to September 11, 2027, citing Israeli restrictions and deteriorating security conditions in the Palestinian territories. A...

Panama Declares Emergency After 7.7 Earthquake Triggers 200 Aftershocks

Panama has declared a national state of emergency after a powerful 7.7-magnitude earthquake struck on Friday, causing widespread damage to homes, roads, and bridges across the countrys central provinces. Authorities have...

North Korea Fires Ballistic Missiles as Tensions With South Korea Escalate

North Korea launched multiple ballistic missiles toward the sea off its eastern coast on Monday, October 12, as military tensions with South Korea continued to intensify following a series of weapons tests and border...

Pakistan Declares Emergency in Khyber Pakhtunkhwa, Suspends Imran Khan’s PTI Government

Pakistan has declared a state of emergency in Khyber Pakhtunkhwa, suspending the provincial government controlled by jailed former Prime Minister Imran Khans Pakistan Tehreek-e-Insaf (PTI) party amid escalating political...

Djibouti Migrant Boat Capsizes, Killing 139 and Leaving 84 Missing

At least 139 migrants, including 15 children, have died after a boat carrying 305 people capsized off Djibouti while traveling to Yemen, according to the United Nations International Organization for Migration (IOM)....

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 Faces US Patent Probe, Sees Limited Impact

Chinese electronics manufacturer Luxshare Precision Industry, a major supplier to Apple, expects minimal disruption to its business from a US patent infringement investigation involving data centre power supply technology....

TSMC Profit Set to Surge 65% as AI Chip Demand Drives Record Earnings

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading advanced chipmaker, is expected to report another record quarterly profit as surging artificial intelligence (AI) investments fuel demand for...

Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

Executives at Chinese artificial intelligence startup Moonshot AI are reportedly negotiating a settlement with Recurrent.ai over allegations of misconduct, as the company prepares for its planned Hong Kong initial public...

Amazon in Talks to Acquire AI Startup Decart for $7 Billion

Amazon is reportedly negotiating a potential $7 billion acquisition of artificial intelligence startup Decart, signaling the technology giants growing ambitions in generative AI, real-time video processing, and advanced...

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...
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