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Irish GDP growth rate for 2015 revised to 26.3 percent from 7.8 percent

Jul 14, 2016 15:07 pm UTC| Commentary

Irelands economic growth for 2015 was revised to 26.3 percent from 7.8 percent. The dramatic revisions released on Thursday primarily reflect reclassifications and relocations of a handful of companies that are very large...

Czech Republic posts smallest current account surplus this year in May, dividend outflow drags

Jul 14, 2016 14:14 pm UTC| Commentary

Czech Republic current account data released earlier on Thursday showed the smallest surplus so far this year in May (about 1 billion EUR). Outflow of dividends that reached 17 billion CZK (about 0.6 billion EUR) is likely...

Bank of Korea holds rates, maintains easing bias

Jul 14, 2016 13:51 pm UTC| Commentary

The Bank of Korea (BOK) kept its policy rates unchanged at 1.25 percent at Thursdays policy meet, in line with market expectations. The central bank lowered 2016 GDP forecast by 0.1 percent point to 2.7 percent, and...

Australian labour market remains on a steady course

Jul 14, 2016 13:39 pm UTC| Commentary

Data released earlier on Thursday showed that Australias labour market added 7.9k jobs in June, following a revised 19.2k increase in May. Jobs numbers for June were close to expectations. The unemployment rate edged up...

Commodities snapshot (precious & industrial)

Jul 14, 2016 13:06 pm UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is worst performer of the week as equities rise. Todays range $1320-1347 We expect gold to reach $1520 Gold is...

Japanese yen may continue to appreciate against USD unless BoJ takes effective measures

Jul 14, 2016 13:03 pm UTC| Commentary Central Banks

At present, the foreign exchange market is uncertain if the Bank of Japan is willing and capable of effectively loosening its monetary policy in a notable manner, noted Commerzbank in a research report. Unless the Japanese...

Commodities snapshot (energy)

Jul 14, 2016 12:58 pm UTC| Commentary

Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is trying to recover ground after sharp drop yesterday. Active call WTI is likely to drop towards $35 area....

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Economy

China’s Budget Spending Falls as Land Sale Revenue Plummets, Raising Economic Concerns

Chinas budget spending has shrunk at an accelerated pace, driven by a steep decline in land sale revenues. With local governments reporting a 41.8% drop in income from land sales last month, concerns are rising about the...

Clean Energy Sector Added 150,000 Jobs in 2023, Boosted by the Inflation Reduction Act

The clean energy industry added nearly 150,000 new jobs in 2023, driven by the Inflation Reduction Act, according to a report by E2. Southern states led this growth, accounting for 36% of the new positions as the renewable...

China Expected to Lower Policy and Lending Rates After U.S. Interest Rate Cut

A Reuters poll suggests that China will likely lower its central policy and lending rates on September 20, following the U.S. Federal Reserves significant interest rate cut. This anticipated move aims to stimulate Chinas...

미국 은행주 상승, 대규모 금리 인하로 채무 불이행 위험 및 비용 우려 완화

연방준비제도(Fed)가 50bp(베이시스 포인트) 금리 인하를 단행한 다음 날인 목요일, 미국 은행주의 주가가 프리마켓 거래에서 상승했다. 이번 금리 인하는 예금 비용을 줄이고 차입자들에 대한 압박을 완화할 것으로 기대된다. 올해...

Politics

Lawsuit Alleges Thousands of Noncitizens Registered to Vote in Nevada: Secretary of State Under Fire

A lawsuit has emerged in Nevada, claiming that as many as 11,000 noncitizens are improperly registered to vote in the key swing state. The legal challenge accuses Democratic Secretary of State Francisco Cisco Aguilar of...

Is Donald Trump Corrupt?

As former President Donald Trump prepares for a potential return to the political stage in 2024, renewed allegations of corruption continue to follow him, casting a shadow over his future ambitions. Trump, who has faced...

Donald Trump Informed Pentagon of National Guard Request on January 6: What the Records Show

In a new twist in the ongoing investigations surrounding the January 6 Capitol riot, recently surfaced transcripts appear to show that former President Donald Trump informed top Pentagon officials about his desire for a...

Are Muslims Voting Donald Trump or Kamala Harris?

With the 2024 presidential election fast approaching, the question of which candidate Muslim voters will support is becoming increasingly significant. Both Donald Trump and Kamala Harris represent starkly different...

Science

SpaceX's Polaris Dawn Crew Achieves Historic Spacewalk and Advances Commercial Space Exploration

SpaceXs Polaris Dawn mission accomplished several milestones during its five-day journey, including the most remote spacewalk in history. Crew members conducted 36 groundbreaking experiments, advancing knowledge in space...

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

Technology

BNY Mellon Granted SEC Waiver, Paving the Way for Institutional Crypto Custody Services

BNY Mellon has reportedly obtained an exemption from the SECs SAB 121, allowing the bank to move forward with its institutional crypto custody business. The move underscores growing institutional interest in digital...

Catizen (CATI) Climbs 34% After Binance Debut, New Margin Trading Pairs Added

Catizen (CATI) surged 34% in its first trading session on Binance. The listing comes with new margin trading pairs and a zero-fee structure for conversions. The CEX has announced that Catizen (CATI) would be added to...

XRP Could Reach $2 by 2025 if Bitcoin Breaks $150K, Analysts Say

Amid indications that the SEC wont appeal the Ripple verdict and expectations of Bitcoin breaking past $150,000, crypto experts anticipate XRPs price could hit $2 by 2025. The combination of bullish Bitcoin momentum and...

Shiba Inu's Shytoshi Kusama Teases “Big Plans” After TOKEN2049 Conference Appearance

Shytoshi Kusama, the mysterious leader behind Shiba Inu, hinted at significant future announcements after her participation at TOKEN2049 in Singapore. These cryptic remarks have left SHIB holders buzzing with anticipation...
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