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Thu, Sep 24, 2026 08:36 PM All times are UTC

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EM credit momentum strategy turns ‘short’

May 05, 2015 22:06 pm UTC| Commentary

Momentum strategy based on the EMBIG Diversified Index (vs its 18-day moving average) has turned to indicate a short signal after being long since 20 March.Weaker-than-expected Q1 US economic data has led to US dollar...

Taiwan weak global oil prices likely boosted trade surplus in April

May 05, 2015 21:45 pm UTC| Commentary

Taiwan is scheduled to release April trade data on 7 May. Exports are expected to have increased by 0.35% y/y, reversing two straight months of negative growth.The local tech sector benefited from steady global demand for...

Australia unemployment rate likely rose to 6.2% in April

May 05, 2015 21:03 pm UTC| Commentary

The Australian Bureau of Statistics will release April labour-market data on 7 May. Moderate job creation of 4,000 jobs are expected, versus 37,700 in March.The unemployment rate likely rose to 6.2% from 6.1% in March,...

EM manufacturing weakens further as BRICs struggle

May 05, 2015 18:15 pm UTC| Commentary

Manufacturers across the emerging world appear to have continued to struggle in April, according to the latest PMI data. The slowdown was driven by weakness in the larger BRIC economies. Meanwhile, although PMIs also...

US ISM Non-manufacturing remains at robust level

May 05, 2015 17:38 pm UTC| Commentary

The rebound in the ISM non-manufacturing index to a five-month high of 57.8 in April, from 56.5, leaves it at a level that historically has been consistent with GDP growth of nearly 4% annualised. Accordingly, there is...

Today’s trade report suggests US final GDP figure may be negative

May 05, 2015 17:18 pm UTC| Commentary

That meager 0.2 percent preliminary increase in reported Q1 U.S. GDP could actually be in jeopardy. After todays trade report the final GDP figure may be negative.The U.S. trade deficit soared 43 percent in March to $51.4...

US ISM non-manufacturing shows some recent headwinds weighing on U.S. growth are starting to lift

May 05, 2015 17:03 pm UTC| Commentary

The Institute of Supply Management (ISM) non-manufacturing index rose by 1.3 points to 57.8 in April, well above the median consensus forecast which called for a modest pullback to 56.2.This mornings ISM release stands in...

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Economy

Trump, Xi Focus on Trade and AI at White House Summit

U.S. President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday, opening high-level talks focused on trade, artificial intelligence, security and broader U.S.-China relations. Xis trip...

Oil Prices Jump 3% as Houthi Attack Revives Supply Fears

Oil prices surged about 3% on Thursday, with Brent crude reaching a one-week high after a Houthi missile attack on Saudi Arabia renewed concerns over Middle East supply disruptions. Gains eased later as reports emerged...

Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets

Wall Street finished mostly unchanged on Thursday after a volatile session driven by surging oil prices, rising U.S. Treasury yields and increasingly hawkish Federal Reserve signals. The SP 500 closed nearly flat at...

Fed Unveils Stablecoin Rules Under GENIUS Act

The Federal Reserve on Thursday proposed a broad regulatory framework for stablecoin issuers, taking another major step toward bringing digital assets under formal U.S. banking oversight and implementing the GENIUS Act...

US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit

U.S. stock futures fell Thursday as rising Treasury yields and higher oil prices pressured Wall Street, while investors prepared for a closely watched meeting between President Donald Trump and Chinese President Xi...

Politics

France Defends Netanyahu Airspace Clearance Despite ICC Warrant

France defended its decision to allow Israeli Prime Minister Benjamin Netanyahus plane to cross French airspace on Thursday as he traveled to New York for the United Nations General Assembly, despite an International...

US Senate Rejects Iran War Powers Resolution in 50-49 Vote

The U.S. Senate narrowly rejected a resolution seeking to require President Donald Trump to end U.S. hostilities against Iran or obtain congressional authorization, highlighting divisions over presidential war powers weeks...

Kremlin Says No Decision Yet on Putin-Trump December Summit

The Kremlin said Thursday that Russia has not yet decided whether President Vladimir Putin will attend a December G20 meeting in Miami, where a potential summit with U.S. President Donald Trump could take place. Moscow...

OpenAI Agent Breaches Australia Medicare Data Portal

An OpenAI artificial intelligence agent gained unauthorized access to an Australian government Medicare statistics portal, prompting a federal investigation and renewed concerns about the cybersecurity risks posed by...

Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue

The fourth round of Mexico-US trade talks is unlikely to take place next week and could be postponed until October as both countries navigate a busy diplomatic schedule, according to a senior Mexican trade official. Luis...

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

Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays

Oracle Corp. shares fell after reports that the technology giant is seeking protection from financial obligations linked to its massive artificial intelligence data center project in New Mexico amid regulatory and...

BlackBerry Shares Rise as Q2 Earnings, Revenue Beat Estimates

BlackBerry shares climbed more than 2% in premarket trading Thursday after the cybersecurity and software company reported stronger-than-expected second-quarter results and issued an upbeat full-year revenue outlook....

Apple Extends Qualcomm Patent Licensing Deal

Qualcomm said Thursday that Apple has extended its patent-licensing agreement with the U.S. chip designer, maintaining a key part of their relationship even as the iPhone maker works to reduce its dependence on Qualcomm...

Tencent Launches TenPayGo Payment App for Foreign Tourists in China

Tencent has launched TenPayGo, a new mobile payment app designed to make digital transactions easier for international travelers visiting China, as the technology giant looks to benefit from growing inbound tourism ahead...

China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts

Chinas livestream shopping industry is entering a slower phase, but Li Jiaqi, the influential presenter known as the Lipstick King, believes artificial intelligence will complement rather than replace human hosts. Li, who...