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Wed, Jul 01, 2026 09:10 AM All times are UTC

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Market to focus next on Portugal's new economic and fiscal programme

Nov 25, 2015 23:00 pm UTC| Commentary Economy

Portugals new government has not yet presented its economic programme and the 2016 draft budget, which is expected in the coming days. This will be a critical test, as markets will assess Portugals ability to deliver sound...

Euro: The greatest policy divide in 20 years is mostly in the price

Nov 25, 2015 22:47 pm UTC| Commentary

The euro is ending 2015 down about 12%, which is one of its largest annual losses since its launch in 1999 but less remarkable underperformance in a year when a dozen currencies have depreciated by more. Relative to those,...

Fundamentals looking better for JPY in 2016

Nov 25, 2015 22:32 pm UTC| Commentary

Following a broad decline for the 3rd consecutive year, JPY has found its ground in 2015. Although USD/JPY has continued to rally, JPY has appreciated against most majors. As a result, JPYs nominal effective exchange rate...

German domestic demand poised to continue supporting the recovery

Nov 25, 2015 21:40 pm UTC| Commentary Economy

The German statistical office confirmed Q3 GDP growth at 0.3% q/q, in line with expectations of a continuing moderate recovery and slightly down from 0.4% q/q in Q2 15. The slump was mainly due to a negative contribution...

Portugal: Awaiting the economic and fiscal plans

Nov 25, 2015 21:30 pm UTC| Commentary Economy

After seven weeks of political impasse following the 4 October general election, President Cavaco Silva nominated the leader of the socialist party Antonio Costa to form a government. He will do so with the support from...

University of Michigan consumer sentiment revised down in late November

Nov 25, 2015 16:41 pm UTC| Commentary

The University of Michigan index of consumer sentiment fell to 91.3 in the final November print, down from 93.1 in the mid-month preliminary estimate. We and the consensus had looked for a nearly unchanged index reading....

US Consumers got a raise in October, but have held on to their cash

Nov 25, 2015 15:52 pm UTC| Commentary

Personal income increased by 0.4% (m/m) in October, on par with consensus. Personal income was also revised up for the previous month, with growth in September now reported as 0.2% m/m (prev. 0.1%). Growth in disposable...

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Economy

India Manufacturing PMI Slows in June as Demand Weakens Despite Lower Cost Pressures

Indias manufacturing sector continued to expand in June, but growth slowed to its second-weakest pace in four years as softer domestic and overseas demand weighed on production, hiring, and business confidence, according...

Greece’s Bad Loan Crisis Continues to Limit Credit Access Despite Economic Recovery

Greeces economy has staged a remarkable recovery from the sovereign debt crisis that erupted in 2009, posting growth that now exceeds the European Union average. However, a massive backlog of unresolved non-performing...

UK House Prices Hold Steady in June as Annual Growth Misses Forecasts

Britains housing market showed signs of stability in June, with UK house prices remaining unchanged from the previous month after falling 0.6% in May, according to the latest data released by Nationwide Building Society on...

Asian Currencies Slip as Dollar Holds Firm, Yen Near Four-Decade Low Ahead of Fed, Jobs Data

Asian currencies mostly weakened on Wednesday as the U.S. dollar remained resilient, while the Japanese yen hovered near its weakest level in nearly four decades, keeping traders alert for potential intervention by...

Asian Stocks Mixed as South Korea Slides on Profit-Taking, Japan and China Gain on Strong Factory Data

Asian stock markets traded mixed on Wednesday, with South Korean equities leading regional losses as investors locked in profits after an exceptional second-quarter rally. Meanwhile, stronger manufacturing data from Japan...

Politics

Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source

U.S. President Donald Trump reported more than $1.4 billion in income from cryptocurrency-related ventures in his latest 2025 financial disclosure, highlighting how digital assets have become the largest contributor to his...

Democratic Socialist Melat Kiros Unseats Rep. Diana DeGette in Colorado Democratic Primary

Democratic socialist Melat Kiros secured a major upset in Colorados Democratic primary, defeating longtime U.S. Representative Diana DeGette in a closely watched race that signals the continued rise of progressive...

JD Vance Criticizes Vatican on Immigration, Defends Trump Border Policies

U.S. Vice President JD Vance said he disagrees with the Vaticans position on immigration, calling some of its recent comments troubling after Pope Leo repeatedly criticized President Donald Trumps immigration policies and...

U.S. Military Expands Venezuela Earthquake Relief Mission as Troop Presence Tops 900

The United States has significantly expanded its military presence in Venezuela to support humanitarian relief efforts following last weeks devastating earthquakes, with more than 900 U.S. personnel now operating inside...

Ukraine Preparing for Possible Russian Offensive From Bryansk, Military Chief Says

Ukraine is preparing for a possible new Russian offensive from the countrys northern border, although a direct assault on Kyiv is considered unlikely, according to Ukraines top military commander, Oleksandr Syrskyi....

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

Anthropic Restores Claude Fable 5 and Mythos 5 After U.S. Lifts AI Export Controls

Anthropic announced late Tuesday that the U.S. government has lifted export restrictions on its Claude Fable 5 and Mythos 5 artificial intelligence models, allowing the company to begin restoring user access starting...

South Korea Alleges Google Abused Android App Store Dominance, Eyes Major Fine

South Koreas antitrust regulator has accused Alphabets Google of abusing its dominant position in the Android app marketplace, a move that could result in a significant financial penalty and new corrective measures if the...

Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox

Microsoft is reportedly preparing another round of job cuts as the technology giant continues to reduce costs while increasing investment in artificial intelligence, according to a Business Insider report published...

Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism

Chip-equipment stocks surged on Tuesday after reports that South Koreas semiconductor leaders, Samsung Electronics and SK Hynix, plan to invest up to $1.3 trillion in new semiconductor manufacturing projects, reinforcing...

Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts

Nvidia (NASDAQ: NVDA) shares rebounded on the final trading day of the quarter after bullish supply-chain research from independent semiconductor firm SemiAnalysis suggested the AI chipmakers data center business could...