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Mon, Jun 29, 2026 02:28 AM All times are UTC

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Latest payroll report won’t tip Fed’s hand

Sep 04, 2015 14:32 pm UTC| Commentary

The non-farms payroll report missed expectations on the headline number with only 173K jobs added to the economy in August. However, the report actually confirms the underlying strength of the U.S. labor market. The...

Fed likely to delay hikes to 2016

Sep 04, 2015 12:46 pm UTC| Commentary

Volatility in financial markets doesnt always correspond to changes in the economic fundamentals, but in the current environment the likelihood of another global growth disap-pointment this year has increased. The outlook...

Are negative interest rates next in CZK?

Sep 04, 2015 12:26 pm UTC| Commentary

The CZK was the top performing currency in August, rising 2.2% vs the USD and 0.13% vs the EUR. The current account surplus (0.6% of GDP in 2014) offers stability during periods of market stress.Q2 GDP rose to 4.4% yoy...

HUF underperforms EMEA vs EUR

Sep 04, 2015 12:05 pm UTC| Commentary

The HUF underperformed CZK, RON and PLN over the past month, partly the result of worse than forecast macro data. Q2 GDP slowed from 3.5% yoy in Q1 to 2.7% in Q2, the lowest since Q3 13. Headline CPI fell to 0.4% yoy in...

Indian Rupee not spared by lower oil prices

Sep 04, 2015 11:14 am UTC| Commentary

The INR fell 3.5% last month, marking the third worst Asian performance after the MYR (-8.6%) and IDR (-3.8%). Despite lower oil prices (lower trade deficit), portfolio outflows (equities) have accelerated from...

Emerging Market meltdown continues

Sep 04, 2015 11:05 am UTC| Commentary

Every day brings a new high for USD-EM. Yesterday USD-BRL edged above 3.80 after BCB kept rates on hold at 14.25%. USD-TRY moved within striking distance of 3.00 following worse than expected CPI for August which printed...

Unfavourable weather conditions in Brazil and India lead to soaring sugar price

Sep 04, 2015 09:27 am UTC| Commentary

The sugar price rose by a significant 5.7% yesterday and closed at 11.34 US cents per pound. The sharp increase in price was due among other things to fears that heavy rainfall in Brazil could delay harvesting of the sugar...

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Economy

Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments

Oil prices moved higher on Monday as renewed military exchanges between the United States and Iran heightened concerns over global energy supplies and disrupted shipping through the strategically important Strait of...

World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures

The World Bank has approved $1.1 billion in emergency financing for Bangladesh to help the country cope with the economic impact of rising food, fuel, and fertilizer prices driven by the ongoing conflict in the Middle...

Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms

U.S. President Donald Trump announced on Friday that the United States will impose a 100% tariff on imports from any country that enforces digital services taxes (DSTs) on American technology companies, significantly...

US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated

The U.S. dollar edged lower on Friday, extending its decline for a second consecutive session after a six-day winning streak pushed the greenback to its strongest level since May 2025. Despite the modest pullback, the...

Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen

Gold prices rebounded more than 1% on Friday but still finished the week in negative territory, as renewed expectations of Federal Reserve interest rate hikes and a stronger U.S. dollar continued to pressure the precious...

Politics

Serbia Protests Continue as Thousands Rally Despite Vucic’s Resignation Plan

Thousands of demonstrators gathered in the central Serbian city of Kraljevo on Sunday, maintaining pressure on President Aleksandar Vucic just one day after he announced plans to resign within weeks and trigger early...

Iran Skips U.S. Technical Talks Over Unmet MoU Conditions and Frozen Funds Dispute

Iran did not participate in the technical talks scheduled for Sunday, citing recent military attacks on the country and unresolved conditions outlined in its memorandum of understanding (MoU) with the United States. The...

Trump Announces September Overhaul of Washington’s East Potomac Golf Links

U.S. President Donald Trump announced that a major renovation of Washingtons historic East Potomac Golf Links will begin on September 1, with plans to transform the century-old public golf course into what he described as...

Andy Burnham Sets Out Vision to Decentralize Britain as Labour Leadership Race Begins

Andy Burnham is set to outline his vision for the United Kingdom on Monday as the Labour politician positions himself to succeed Keir Starmer as the countrys next prime minister. Burnham is expected to focus on shifting...

US, Iran Agree to Halt Attacks Ahead of Doha Talks on Strait of Hormuz

The United States and Iran have reportedly agreed to halt military attacks as both sides prepare for high-level talks in Doha on Tuesday aimed at resolving tensions over the Strait of Hormuz, according to a senior U.S....

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

Firmus Partners With Nvidia to Deliver 170,000 AI GPUs in $30 Billion Cloud Infrastructure Deal

Australian AI infrastructure company Firmus Technologies has announced a strategic partnership with Nvidia that aims to expand affordable access to AI computing infrastructure for emerging artificial intelligence...

Australia Plans Higher Fines for Social Media Firms Failing to Block Underage Users

Australia is moving to strengthen its landmark online safety law by proposing significantly tougher penalties for social media companies that fail to prevent children under 16 from accessing their platforms. The planned...

Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike

Italys antitrust authority has launched an investigation into Microsoft over allegations of unfair commercial practices tied to the pricing changes for its Microsoft 365 subscription service. The probe focuses on whether...

US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown

U.S. authorities have seized nearly 400 internet domains that were allegedly used to illegally stream FIFA World Cup matches, marking one of the largest anti-piracy enforcement actions tied to the global soccer tournament....

SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service

SpaceX and Charter Communications are reportedly in executive-level discussions about forming a strategic partnership that could accelerate the expansion of consumer mobile services across the United States. According to a...