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U.S. NAHB housing market index likely to have dropped marginally in January

Jan 16, 2018 20:34 pm UTC| Commentary

The U.S. NAHB Housing Market Index had risen in December, coming in at 75 the highest level since 1999. This historic confidence shows that homebuilders intend to ramp up production, as long as they can find the lots and...

New Zealand dairy prices rise in latest auction in midst of supply concern

Jan 16, 2018 19:46 pm UTC| Commentary

GlobalDairyTrade auction saw prices rise 4.9 percent, including a strong rise in whole milk powder prices. In the previous auction, prices had risen 2.2 percent. There were strong gains in prices for most products,...

U.K. House Price Index eases in November, house price growth likely to slow gradually in 2018

Jan 16, 2018 18:54 pm UTC| Commentary

The U.K. House Price Index eased in the month of November, and delivered a mixed message. The headline growth eased to 5.1 percent year-on-year, following the upwardly revised level of 5.4 percent year-on-year in October....

German, Italian headline inflation remains unchanged from flash estimate in December

Jan 16, 2018 17:54 pm UTC| Commentary

The German and Italian final inflation figures for the month of December were released today. In the last week, final inflation figures for France and Spain were downwardly revised; however, todays figures did not see any...

U.K. headline inflation slows in December, likely to remain around 3 pct in months ahead

Jan 16, 2018 16:33 pm UTC| Commentary

The annual pace of U.K. headline inflation saw its first drop since last June. The consumer price inflation slowed to 3 percent in December from Novembers 3.1 percent. The outturn came in line with consensus expectations....

U.S. industrial production likely to have grown in December

Jan 16, 2018 14:12 pm UTC| Commentary

Industrial output in the U.S. had risen in November slightly on a sequential basis, falling slightly short of expectations of a 0.3 percent rise. But the report had a positive surprise in an upward revision of Octobers...

Australian consumer sentiment rises to highest since October 2013

Jan 16, 2018 13:31 pm UTC| Commentary

Australian consumer sentiment rose in the last week. The ANZ-Roy Morgan Australian Consumer Confidence continues with its upward trend, with the headline index rising 1.2 percent to the highest since October 2013. However,...

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Economy

US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears

U.S. stock index futures traded slightly higher late Wednesday after softer-than-expected June inflation data eased concerns that the Federal Reserve could resume raising interest rates in the near term. However, ongoing...

UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List

UBS has strengthened its bullish stance on Chinese equities by adding Kuaishou Technology (HK:1024) and Meituan (HK:3690) to its China Global Equity Focus List while increasing allocations to Alibaba Group, Ping An...

Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears

Global oil prices extended their rally for a fourth consecutive session on Thursday as renewed U.S. military strikes on Iranian targets heightened concerns over escalating conflict in the Middle East and potential...

Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs

The Port of Los Angeles handled a record amount of cargo in June as importers accelerated shipments ahead of higher fuel costs and new U.S. tariffs, highlighting continued strength in U.S. trade activity despite growing...

ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain

The European Central Bank (ECB) does not currently see evidence that the U.S.-Israeli conflict with Iran is triggering broader inflationary pressures across the euro area, although policymakers remain alert to potential...

Politics

NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

The New York Times has asked a federal court to block grand jury subpoenas issued to three of its journalists following their reporting on President Donald Trumps new Qatari-donated Air Force One, escalating a legal battle...

Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

U.S. President Donald Trump has ordered Immigration and Customs Enforcement (ICE) agents to resume using traffic stops during immigration enforcement operations, reversing a temporary suspension announced just a day...

Russian Missile Strike Sparks Fires in Kyiv After Early Morning Air Alert

Russian missiles struck at least two districts in Ukraines capital, Kyiv, early Thursday, igniting fires and prompting authorities to issue an air raid alert before declaring the immediate danger over. Kyiv Mayor Vitali...

Senate Weighs Permanent Daylight Saving Time Bill as Support Remains Uncertain

The U.S. Senate is reviewing legislation that would make daylight saving time permanent nationwide, but Senate Majority Leader John Thune said it remains uncertain whether the proposal has enough support to pass the...

Trump Slams New York Data Center Ban, Warns AI Investment Could Shift to Other States

U.S. President Donald Trump sharply criticized New Yorks new one-year moratorium on large-scale data center construction, arguing that the move will discourage investment, eliminate jobs, and weaken the states position in...

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

SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...

xAI Sues Man for Allegedly Using Grok to Generate AI Child Abuse Deepfakes

Elon Musks artificial intelligence company xAI has filed a federal lawsuit against a South Carolina man accused of using its Grok chatbot to generate child sexual abuse material (CSAM) and non-consensual explicit...

Apple Intelligence Cleared for China as Alibaba and Baidu AI Power iPhone Features

Apple has moved a step closer to launching Apple Intelligence in China after the countrys cyberspace regulator officially registered the companys on-device generative AI service for use on iPhones. The approval marks a...

Alibaba Stock Jumps as China Approves Apple Intelligence Powered by Qwen AI

Alibaba Group shares climbed about 5% in U.S. premarket trading on Wednesday after Chinese regulators approved Apples on-device artificial intelligence platform for launch in China, marking a major step for the iPhone...

ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings

ASML Holding (AS: ASML) reported stronger-than-expected second-quarter 2026 earnings on Wednesday, fueled by robust demand for artificial intelligence (AI) chip manufacturing equipment and higher sales from its installed...
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