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Nigeria to see stronger price rises in coming weeks

Mar 09, 2015 12:29 pm UTC| Commentary

Nigeria continues to feel the downside impact of a weaker oil-price environment, despite a recovery in the oil price from its January lows.The 0.4% m/m increase in the SC-PCPT marks the start of a more pronounced inflation...

Renminbi consolidates its position as key payment currency

Mar 09, 2015 12:26 pm UTC| Commentary

The Renminbi remained the worlds No. 5 most-used payment currency in January 2015, trailing only the US dollar (USD), the euro (EUR), the British pound (GBP) and the Japanese yen (see the image). 2.2% of global SWIFT...

China to see both great risk and great reform in 2015

Mar 09, 2015 10:48 am UTC| Commentary

Chinas new leaders are convening for their annual NPC plenary meeting to define the countrys economic orientation for 2015.Policymakers lowered the growth target to "about 7%" for 2015 from 7.5% previously. But there is a...

China exports strong, trade surplus surges

Mar 09, 2015 10:47 am UTC| Commentary

Export growth improved 15.1% compared with January and February in 2014. In December, total exports expanded 9.5% y/y.For January and February as a whole, imports contracted 20.4% y/y compared with the same two months last...

PBOC to continue with selective easing

Mar 09, 2015 10:46 am UTC| Commentary

In recent months, rising nominal rates and falling inflation (0.8% yoy in January), have caused real rates to increase, whereas growth continued to slow and liquidity tightened as a result of PBOC intervention to prevent...

RBI on track to meet its inflation target for the start of 2016

Mar 09, 2015 10:45 am UTC| Commentary

Forthcoming consumer price inflation data for February should show that the Reserve Bank of India (RBI) remains on course to meet its target for the start of 2016, which has now been formalised under the new monetary...

EUR/USD Outlook

Mar 09, 2015 10:43 am UTC| Commentary

It is a perfect storm for EUR/USD. It has dropped 9.7% or 12 big figures since the start of January and at this rate could be trading below parity in Q2.Sovereign debt purchases by the ECB and a realignment to the upside...

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Economy

Saudi Aramco Q1 Profit Jumps 25% as Strait of Hormuz Crisis Reshapes Oil Exports

Saudi Aramco posted a strong 25% increase in first-quarter net profit for 2026, highlighting the companys resilience amid ongoing geopolitical tensions and major disruptions to global energy shipping routes. The Saudi...

Dollar Struggles to Rally Despite Strong US Data as Fed Hike Expectations Remain Limited

The U.S. dollar has continued to underperform even as economic data points to improving fundamentals, and BofA Securities believes the markets hesitation is tied to expectations surrounding future Federal Reserve rate...

Malaysia Unveils Energy Security Plan Amid Iran Conflict and Rising Oil Costs

Malaysia is preparing to introduce a comprehensive strategy to protect its oil supply as tensions surrounding the Iran conflict continue to disrupt global energy markets. Prime Minister Anwar Ibrahim is expected to...

Russian LNG Shadow Fleet Expands Amid Arctic LNG 2 Sanctions

Russia is intensifying efforts to bypass Western energy sanctions after a liquefied natural gas (LNG) tanker operating under a newly adopted Russian flag was spotted loading fuel linked to the sanctioned Arctic LNG 2...

S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence

The SP 500 and Nasdaq closed at fresh record highs on Friday as investors poured into AI-related stocks and welcomed stronger-than-expected U.S. jobs data, reinforcing confidence in the resilience of the American economy....

Politics

Qatar Condemns Drone Strike as Iran Conflict Threatens Gulf Shipping and Global Markets

Qatar has strongly condemned a drone strike on a cargo vessel in its territorial waters, calling the incident a serious violation of international law and a dangerous escalation in the ongoing U.S.-Iran conflict. The...

Iran Military Readiness Intensifies After Meeting With Mojtaba Khamenei

Irans military leadership has reinforced its warning against the United States and Israel following a high-level meeting between senior armed forces officials and Supreme Leader Mojtaba Khamenei, according to a report...

Qatar LNG Tanker Crosses Strait of Hormuz Amid Iran War Tensions

A QatarEnergy-operated liquefied natural gas tanker successfully crossed the Strait of Hormuz on Sunday for the first time since the Iran war began on February 28, signaling a possible easing of tensions in one of the...

Germany Rejects Putin’s Proposal for Schroeder to Mediate Ukraine Peace Talks

Germany has dismissed Russian President Vladimir Putins suggestion that former German Chancellor Gerhard Schroeder could act as a mediator between Russia and the European Union in possible Ukraine peace negotiations....

Russia Accuses Ukraine of Ceasefire Violations Amid Drone and Artillery Attacks

Russias Defence Ministry claimed on Sunday that Ukraine breached a temporary ceasefire by carrying out drone and artillery attacks against Russian forces, according to reports from Interfax news agency. Moscow stated that...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says

Artificial intelligence is starting to increase U.S. consumer prices through rising costs in electronics, software, and electricity, according to a new Goldman Sachs report. The investment bank said AI-related inflation...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...

TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit

TikTok and the Trump administration are reportedly close to reaching a $400 million settlement tied to allegations that the popular video-sharing platform violated U.S. child privacy laws. According to ABC News, the...
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