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Mon, Oct 12, 2026 08:36 PM All times are UTC

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Record trade deficit in Australia

Jun 04, 2015 07:00 am UTC| Commentary

The Australian trade balance data for April provided a considerable surprise. The deficit reached the highest level ever reached in Australia (3.89bn. A$). The effect came from both directions: exports collapsed by 6%...

Bond sellof lifts EUR-USD

Jun 04, 2015 06:55 am UTC| Commentary

The reason for the strong reaction in EUR-USD is more likely to be the bond market. It was sufficient that Draghi did not find any reasons to use concerned words. Clearly euro zone bonds were already under so much pressure...

Taiwan's core CPI inflation to weaken further in May

Jun 04, 2015 06:41 am UTC| Commentary

Taiwans headline CPI inflation probably remained negative at -0.8% yoy in May, unchanged from April. A strong negative base effect was mainly to blame. In mom terms, food price inflation is likely to soften on lower...

EUR short squeeze continues

Jun 04, 2015 05:59 am UTC| Commentary

The euro (EUR) rallied more than 1bps against the US dollar (USD) on a virtually unchanged policy statement and a QA session in which Draghi noted that the ECB could add to the set of current of policies if there was an...

Evidence of the effects of ECB action

Jun 04, 2015 05:42 am UTC| Commentary

Across the euro area access to finance is no longer a pressing problem for SMEs. A bi-annual survey of euro-area enterprises access to finance conducted by the ECB from October 2014 to March 2015 found that Finding...

Medium-term outlook for Euro area inflation depends on growth

Jun 04, 2015 05:33 am UTC| Commentary

The ECBs January decision to add sovereign debt to its asset-purchase programme was likely the last step in the easing cycle that began in June 2014. Since then, the ECB has lowered the refinancing rate to 0.05% from...

Daily Economic Outlook: 4th June, 2015

Jun 04, 2015 05:28 am UTC| Commentary

The data and events calendar is devoid of big hitters today and market focus will be on tomorrows US labour market report and the looming series of payments to the IMF by Greece this month, including around 300m on Friday....

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Economy

Trump Defends Russian Diesel Deal Amid US Sanctions Backlash

US President Donald Trump defended his controversial diesel agreement with Russia on Monday, despite growing bipartisan criticism from lawmakers who warn that the arrangement could violate US sanctions and restrictions on...

Wall Street Ends Mixed as Investors Await CPI and Bank Earnings

Wall Street closed mixed on Monday as investors prepared for crucial U.S. inflation data and quarterly earnings from major banks. Rising oil prices and geopolitical tensions also influenced market sentiment ahead of a busy...

European Stocks Rise as Oil Prices Fall Ahead of US CPI

European stock markets edged higher on Monday as falling oil prices supported investor sentiment, while uncertainty surrounding geopolitical developments and upcoming corporate earnings kept gains modest. The pan-European...

Oil Prices Fall as Trump Ceasefire Claim Shifts Market Focus to U.S. CPI

Oil prices declined on Monday after U.S. President Donald Trump announced an immediate energy ceasefire between Russia and Ukraine, while investors awaited key U.S. inflation data and corporate earnings amid ongoing Middle...

European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports

European automaker stocks climbed on Monday after the European Union and China reached a preliminary trade agreement aimed at significantly reducing Chinese hybrid vehicle exports to Europe over the next four years....

Politics

US Authorities Raid Ilhan Omar’s Home Amid Immigration Fraud Probe

US federal authorities raided the Washington, DC, residence of Democratic Representative Ilhan Omar on Monday as part of an ongoing investigation reportedly involving immigration fraud allegations, triggering accusations...

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...

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

Meta Launches Muse Wonder AI Models, Shares Rise 3.7%

Meta Platforms has unveiled its latest artificial intelligence models, Muse Wonder and Muse Wonder Full, marking a major step in the companys efforts to compete with leading AI developers. The announcement on Monday...

Epic Games Delays Disney Shooter, Shifts to AI-First Development

Epic Games has reportedly postponed the launch of its upcoming Disney multiplayer shooter as the Fortnite developer adopts an artificial intelligence-driven approach to game production, according to Bloomberg. The highly...

Arthur Hayes Announces FLOP Testnet Launch Within Weeks

BitMEX co-founder Arthur Hayes has announced that Flop Labs plans to launch its FLOP testnet within weeks, introducing a blockchain network designed to support artificial intelligence (AI) computing. The upcoming 90-day...

Samsung, SK Hynix Shares Fall as China's CXMT Advances DRAM Technology

Shares of South Korean semiconductor giants Samsung Electronics and SK Hynix dropped more than 3% on Monday after Chinese memory chipmaker ChangXin Memory Technologies (CXMT) announced progress in advanced DRAM 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....