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Mon, Aug 10, 2026 02:23 AM All times are UTC

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BoE May MPC meeting unlikely to spring any surprises

May 19, 2015 17:20 pm UTC| Commentary

The minutes of Mays MPC meeting (09.30 BST) seem unlikely to spring any surprises, given that the Inflation Report was published only last week and suggested that financial markets have it broadly right in expecting...

Japan’s GDP growth probably slowed in Q1

May 19, 2015 17:04 pm UTC| Commentary

Capital Economics predict a 0.3% rise in Japan Q1 GDP (00.50 BST), which would be a touch slower than Q4s 0.4% q/q and would highlight that lower energy prices have yet to provide a boost to activity.A range of indicators...

USD review

May 19, 2015 16:00 pm UTC| Commentary

Already benefiting from ECB plans to beef up its balance sheet over the next month, and news of the lowest U.K. inflation in more than half a century, the greenback garnered more support from robust news on U.S....

CAD review

May 19, 2015 15:59 pm UTC| Commentary

A rejuvenated greenback notched May 1 highs against the loonie near C$1.22, its strongest in more than two weeks. The U.S. currencys recent decline has given way to enticing levels to pare back exposure to outperformers...

GBP review

May 19, 2015 15:58 pm UTC| Commentary

Sterling took several steps back from recent five-month highs above $1.58 as election elation subsided and area inflation somewhat unexpectedly tipped into the red for the first time since 1960.Annual consumer prices were...

EUR review

May 19, 2015 15:57 pm UTC| Commentary

Good news to share today with your euro customers as the single currency has fallen nearly three cents from last weeks three month highs. The ECB shoved the euro lower after a central bank official said the bank would...

Surge in building permits suggests more homebuilding activity in U.S. ahead

May 19, 2015 15:54 pm UTC| Commentary

U.S. housing starts surged 20.2% to 1,135,000 units annualized. This is the biggest monthly % move since Feb 1991, it doubled expectations and is the highest level since Nov 2007.The gains were spread between singles...

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Economy

Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision

Australian shares moved lower on Monday as a sharp decline in Westpac Banking Corporation weighed on the financial sector, while gains in mining stocks helped limit broader market losses ahead of the Reserve Bank of...

US Dollar Near Two-Month Low as Markets Await Inflation Data

The U.S. dollar traded near a two-month low against major currencies on Monday as investors turned their attention to upcoming U.S. inflation data for fresh signals on the Federal Reserves interest rate outlook. The euro...

Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy

Japanese business leaders are raising concerns about the economic risks of a persistently weak yen and sharp currency fluctuations, even as exporters continue to benefit from favorable exchange rates. The warnings follow a...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz kept supply concerns elevated, despite signs that Iran and Oman are nearing an agreement on new shipping lanes. Brent crude futures...

BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds

Bank of Japan policymakers are increasingly concerned about inflation pressures, with several officials suggesting that interest rate hikes may need to come faster than financial markets currently expect, according to a...

Politics

Taiwan Tests Penghu Defense, Mobile Internet Limits in War Drills

Taiwans military conducted a simulated defense of the strategically important Penghu Islands on Monday as part of its annual Han Kuang military exercises, while authorities prepared to restrict mobile internet speeds in a...

Iran-Oman Hormuz Shipping Deal Nears Final Stage

Iran said Sunday that an agreement with Oman establishing new shipping lanes in the Strait of Hormuz is nearing completion, but Tehran stressed that the crucial waterway will remain closed until the United States meets...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

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

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...