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How China's GDP growth is relying on the stock market?

Jul 29, 2015 22:29 pm UTC| Commentary

A sectoral breakdown of Chinas 1H15 GDP revealed that the booming financial sector (+17.4% YoY) is crucial in keeping GDP growth at 7%. If the growth is normalised to around 10.4%, 1H15 GDP growth would only be 6.4%. While...

FOMC leaves key policy rate unchanged

Jul 29, 2015 21:46 pm UTC| Commentary

The FOMC kept policy unchanged and repeated the economy continues to expand "moderately." There were no surprises in the language or signals regarding tightening in September. However, the tone was slightly more upbeat...

FOMC: Another incremental step towards a liftoff in rates

Jul 29, 2015 21:19 pm UTC| Commentary

The FOMC statement appeared to be another incremental step towards a liftoff in rates, though with the Fed maintaining their data-dependent approach, upcoming data could be just as important to rate expectations as last...

Fed remains data-dependent

Jul 29, 2015 20:54 pm UTC| Commentary

As widely expected, the Fed did not offer any code word for an imminent rate hike. However, the Fed did indicate that we are getting closer to the first rate hike, as they added some to the further improvement in the labor...

FOMC: Only 'some' further progress needed for September rate hike

Jul 29, 2015 20:31 pm UTC| Commentary Central Banks

The statement from the July FOMC meeting was very little changed compared with the previous meeting in mid-June but it included an important some in anticipation of the first rate hike: The Committee anticipates that it...

July FOMC: Keeping the door open

Jul 29, 2015 19:06 pm UTC| Commentary

The July FOMC statement was in line with expectations heading into the meeting. The committee adjusted the opening paragraph of the statement to reflect the strength of the incoming data during the inter-meeting period but...

Brazil - Revision of fiscal targets means monetary policy remains key tool for fighting inflation

Jul 29, 2015 17:00 pm UTC| Commentary

It is expected that, the Selic rate to peak at 14.50% in Q3, including a 50bp rate hike today to 14.25%. However, significant upside risk persists due to the uncertain inflation outlook in the medium term. A significant...

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Economy

Canada's Economy Grows Modestly in January 2025, Driven by Energy and Construction

Canadas economy kicked off 2026 on steady footing, with real gross domestic product rising 0.1% in January slightly ahead of market expectations following a 0.2% gain in December 2025. The modest expansion was largely...

RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure

European medical technology companies remain largely insulated from Middle East geopolitical tensions and rising energy costs, according to a recent RBC Capital Markets analysis. The investment bank found that sales...

Gold Prices Rebound in Asia Amid Iran War Ceasefire Hopes

Gold prices climbed in Asian trading on Tuesday, recovering slightly after suffering steep losses throughout March. The partial rebound came as investors reacted to reports that U.S. President Donald Trump was weighing an...

Dollar Surges to Monthly High as Middle East Conflict Rattles Global Markets

The U.S. dollar is on track for its strongest monthly performance since July, emerging as the dominant safe-haven asset amid escalating Middle East tensions that have sent oil prices soaring past $100 per barrel and...

Oil Prices Surge to Record Monthly Highs as Middle East War Rattles Global Markets

Global financial markets closed out a turbulent month under heavy pressure as the ongoing Middle East conflict between the United States, Israel, and Iran continued to shake investor confidence. Oil prices surged to...

Politics

EU Leaders Visit Kyiv on Fourth Anniversary of Bucha Massacre

European Union High Representative for Foreign Affairs Kaja Kallas, alongside multiple EU foreign ministers, made a significant visit to Kyiv on Tuesday to commemorate the fourth anniversary of the Bucha massacre. The...

U.S. Senators Challenge FCC Chair Over Nexstar-Tegna Merger Approval

Two prominent U.S. Senators have raised serious concerns over the Federal Communications Commissions (FCC) recent decision to greenlight a major media merger. Republican Senator Ted Cruz and Democratic Senator Maria...

Trump Weighs Ending Iran Campaign With Strait of Hormuz Still Closed

President Donald Trump is reportedly open to halting U.S. military operations against Iran even if the Strait of Hormuz remains blocked, according to a Wall Street Journal report published Monday. The development marks a...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...

Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict

Iran launched an attack on a fully loaded crude oil tanker off the coast of Dubai on Monday, setting the Kuwait-flagged vessel Al-Salmi ablaze in one of the most dramatic escalations since the United States and Israel...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...
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