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Thu, Jul 02, 2026 03:36 PM All times are UTC

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Currency War Series

ECB unlikely to undertake measures on Thursday

Jan 19, 2016 06:12 am UTC| Commentary Central Banks

The ECB is likely to keep a dovish tone but is not expected to take action this week. The central bank President Draghi is expected to argue that the measures undertaken in the past will be successful and will lead to a...

Daily Economic Outlook/ Jan 19

Jan 19, 2016 06:12 am UTC| Commentary

The IEAs monthly oil market report is due today. The OPECs monthly oil report released yesterday indicated that 2016 will be the beginning of rebalancing the demand and supply. The IEA has historically been more bullish...

Guide to today’s important data and events

Jan 19, 2016 06:11 am UTC| Commentary

Lot of economic dockets scheduled for today and some with high risks associated. Data released so far China - Retail sales rose 11.1% y/y in December. Industrial production growth dropped to 5.9% y/y and urban...

Reserve requirement on RMB deposits to help improve offshore CNH liquidity

Jan 19, 2016 05:29 am UTC| Commentary

RMB deposits can be placed at onshore agency banks by offshore participating banks, or they can also be placed at onshore PBoC branches through offshore RMB clearing banks. Therefore, if the CNH market has any impact, the...

Asian rate markets likely to show diverging responses again

Jan 19, 2016 05:22 am UTC| Commentary

In the midst of the negative EM sentiment, individual Asian rates markets are expected to show diverging responses again. TGBs and KTBs will continue to perform well like safe-haven assets with yields lowering. Meanwhile,...

China Crisis Series

China’s Q4 2015 GDP growth slows more than forecast at 1.6%

Jan 19, 2016 04:43 am UTC| Commentary

The GDP of China grew 1.6% in Q4 2015, as compared with 1.8% growth recorded in Q2 and Q3, and lower than median forecast of a rise of 1.8%. Chinas annual growth is now at 6.8%, as compared with 6.9% in Q3. A greater...

Commodity currencies drop as China’s growth fails to meet market expectations

Jan 19, 2016 04:21 am UTC| Commentary

Chinas economy fell to an annualized 6.8% according to the National Bureau of Statistics (NBS) falling short of expectations and representing yet another which has steadily declined since last posting gains in quarter 2 of...

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Economy

Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens

Turkeys automotive market lost momentum in June, with total vehicle sales declining compared to the same period last year, reflecting softer demand across both passenger cars and light commercial vehicles. The latest...

South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan

South Korea signaled heightened vigilance over its currency market on Thursday, with Vice Finance Minister Huh Chang saying the government is maintaining close communication with Japan and other major partners on foreign...

US Resumes Dollar Shipments to Iraq After Months-Long Suspension

The United States has resumed limited shipments of U.S. dollars to Iraq after a months-long suspension, according to a report by The New York Times citing two senior aides to Iraqi Prime Minister Mohammed Shia al-Sudani....

Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes

The Trump administration has declined to renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form, triggering a 10-year countdown that keeps the North American trade pact in force while negotiations continue over...

Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report

Asian currencies traded in a narrow range on Thursday as the U.S. dollar remained close to a 13-month high, with investors awaiting the closely watched U.S. nonfarm payrolls report for fresh clues on the Federal Reserves...

Politics

State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’

Vladimir Putin has finally acknowledged that Ukraines relentless drone attacks on Russias energy infrastructure are having an effect. Speaking to the ruling United Russia party on June 28, the Russian president confirmed...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report

Europes semiconductor industry faces mounting challenges from Chinese export controls, heavy reliance on U.S. technology, and persistent structural weaknesses, leaving the region with a difficult outlook unless it...

NRC Proposes Radiation Rule Changes to Boost U.S. Nuclear Power Expansion Under Trump

The U.S. Nuclear Regulatory Commission (NRC) on Wednesday unveiled a proposal to revise long-standing radiation protection rules, a move that aligns with the Trump administrations broader strategy to accelerate nuclear...

Trump Vows U.S. Will Prevent China From Taking Over the Panama Canal

U.S. President Donald Trump declared on Wednesday that the United States will not allow China to take control of the Panama Canal, underscoring Washingtons continued focus on one of the worlds most strategically important...

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

Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027

Apple is reportedly preparing one of its most ambitious iPhone product cycles in years, with plans to significantly expand its smartphone lineup through 2027 while increasing production targets for its highly anticipated...

Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production

Samsung Group has unveiled a major investment plan worth 140 trillion won (approximately $90 billion) to strengthen South Koreas technology manufacturing sector, with a strong focus on artificial intelligence (AI),...

Super Micro Employees Detained in Taiwan AI Server Export Investigation

Super Micro Computer (NASDAQ: SMCI) said two employees at its Taiwan subsidiary have been detained pending a court hearing, while two others were released on bail after being questioned in an investigation into the alleged...

Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch has reportedly launched a private funding round led by venture capital giant Andreessen Horowitz, aiming to raise approximately $2 billion in fresh capital at a valuation approaching $50...

ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says

Indias ShareChat is preparing for a potential initial public offering (IPO) next year that could raise up to $400 million, according to a Bloomberg News report citing the companys chief financial officer. The move would...