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Mon, Jul 13, 2026 04:24 AM All times are UTC

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U.S. residential investment likely to be supportive to GDP growth in Q3

Aug 18, 2017 21:32 pm UTC| Commentary

The modest rise in U.S. new home sales in June was encouraging, rising 0.8 percent to 610,000 unit rate. However, revisions to earlier months removed 27,000 sales that dulled the June reading. On the contrary, some...

Japanese economic growth likely to slow in Q3, core CPI to strengthen to 0.8 pct in September

Aug 18, 2017 20:54 pm UTC| Commentary

The Japanese economic growth surprised to the upside in the second quarter and seems set to remain at or above potential in the coming quarters. But, inflation lags might not narrow until the second half of 2018. The...

Canadian retail sales likely to have dropped in June, says TD Economics

Aug 18, 2017 20:16 pm UTC| Commentary

Canadian retail sales are likely to have dropped in June. According to a TD Economics research report, the nations retail sales are expected to have risen 0.4 percent after several upbeat retail reports. Gasoline station...

U.K. inflation likely to reach 3 pct in final quarter of 2017, says Lloyds Bank

Aug 18, 2017 20:14 pm UTC| Commentary

Consumer price inflation in the U.K. is likely to resume its acceleration over the course of this year, according to a Lloyds Bank research report. Inflation in the nation has recently stalled in its upward...

Central Banking Series

ECB likely to extend QE into 2018, may hike deposit rate in Q2 2018 - Barclays

Aug 18, 2017 18:54 pm UTC| Commentary

The ECB expects President Draghis Jackson Hole speech to concentrate on the theme of the symposium, stimulating a dynamic global economy as compared to the monetary policy which was the focus of his quantitative easing...

U.K. economic growth likely to reach 1.6 pct in 2017 and slow to 1.4 pct in 2018 – Lloyds Bank

Aug 18, 2017 18:27 pm UTC| Commentary

The pace of U.K. economic activity rebounded in the second quarter, with the preliminary data showing that the economy expanded 0.3 percent quarter-on-quarter. While this shows an acceleration from the first quarters...

Chilean economic growth rebounds sequentially in Q2, construction sector remains a drag

Aug 18, 2017 17:43 pm UTC| Commentary

Chiles economic growth expanded in the second quarter when compared with the prior quarter. The economy expanded 0.9 percent year-on-year and grew 0.7 percent quarter-on-quarter. The construction sector continues to impede...

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Economy

Gold Prices Fall as US-Iran Conflict, Rising Oil Prices Fuel Fed Rate Concerns

Gold prices extended their decline on Monday as escalating tensions between the United States and Iran pushed oil prices higher, raising fears of renewed inflation and reducing demand for the safe-haven metal. Investors...

Dollar Rises as Middle East Conflict Fuels Inflation and Rate Hike Fears

The U.S. dollar strengthened against most major currencies on Monday as renewed conflict in the Middle East heightened inflation concerns and increased expectations that central banks, including the Federal Reserve, could...

Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields

Asian stock markets opened lower on Monday as escalating conflict in the Gulf and Irans claim that it had closed the Strait of Hormuz fueled concerns over global energy supplies, pushing oil prices sharply higher and...

EU Weighs New Trade Restrictions on Israeli West Bank Settlements

European Union foreign ministers are set to discuss potential new trade restrictions targeting Israeli settlements in the occupied West Bank during a meeting on Monday, as support grows among some member states for...

US-Iran Strikes Escalate as Strait of Hormuz Crisis Pushes Oil Prices Higher

The conflict between the United States and Iran intensified over the weekend as both sides exchanged heavy missile and drone attacks, raising fears of a prolonged regional crisis and renewed disruption to global energy...

Politics

Western Allies Push for More Air Defenses for Ukraine at Paris Summit

Western leaders are set to seek additional air defense commitments for Ukraine during a high-level meeting in Paris on Monday, as Kyiv faces growing challenges intercepting Russian ballistic missile attacks despite recent...

Zelenskiy Plans Ukraine Government Shake-Up as Prime Minister Svyrydenko Set to Step Down

Ukrainian President Volodymyr Zelenskiy announced plans to replace Prime Minister Yulia Svyrydenko after just one year in office, setting the stage for a broader government reshuffle as Kyiv seeks to implement a new...

Minnesota Wildfires Spread as Governor Tim Walz Deploys National Guard

Minnesota Governor Tim Walz has declared a peacetime emergency and activated the state National Guard to help combat fast-growing wildfires burning along the states northern border with Canada. According to Minnesota state...

Israel Sets October 27 Election as Netanyahu Faces Tough Political Test

Israel will hold a national election on October 27, marking the countrys first parliamentary vote since the Hamas attack on October 7, 2023, and the subsequent conflicts involving Gaza, Lebanon, and Iran. The election date...

Israeli Strikes Kill Six in Gaza as Ceasefire Talks Continue in Cairo

Israeli attacks across the Gaza Strip killed at least six Palestinians on Sunday, including a 9-year-old girl, as mediators continued negotiations aimed at preserving the U.S.-brokered Israel-Hamas ceasefire and advancing...

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

Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX

Morgan Stanley believes Chinas rapidly advancing reusable rocket program represents the biggest long-term competitive threat to SpaceX, following the countrys first successful recovery of an orbital-class rocket booster....

SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing

SK Hynix shares fell as much as 4.4% in early trading on Monday, even after the South Korean memory chip giant posted a strong debut on the Nasdaq following one of the largest U.S. listings by an Asian technology company....

Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft

Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of misappropriating confidential company information and trade secrets tied to its hardware development efforts. The lawsuit, filed...

SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO

SK Hynix made a strong debut on the Nasdaq on Friday, with its American Depositary Receipt (ADR) shares closing 12.8% higher at $168.01 after completing a record-breaking $26.5 billion U.S. initial public offering (IPO),...

Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI

Elon Musk has publicly praised artificial intelligence startup Anthropic, saying the company is obviously the current leader in AI, in a rare acknowledgment of a key rival as competition among top AI developers...