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Vietnam Q2 GDP and June data likely to show steady growth

Jun 22, 2015 21:56 pm UTC| Commentary

Vietnam will release Q2-2015 GDP data and key June data from 25-30 June, and June inflation data on 24 June. Steady GDP growth of 6.2% y/y is expected in Q2, up from 6.0% in Q1-2015 and 5.2% in Q2-2014.Standard Chartered...

US durable goods likely impacted by aircraft orders, oil-sector cuts

Jun 22, 2015 21:47 pm UTC| Commentary

US durable goods (Tuesday, 08:30 ET) is expected to be down 1.3% m/m (consensus: -0.9%), from -1.0% in April, pulled down by lower aircraft orders. However, Junes apparently fruitful Paris Airshow may lift this...

BoJ’s May minutes to shed more light on its inflation outlook

Jun 22, 2015 21:11 pm UTC| Commentary

The Bank of Japan (BoJ) is scheduled to release the minutes of its 21-22 May meeting on 24 June. The central bank kept the annual increase in the monetary base unchanged at JPY 80tn at this meeting.The post-meeting...

US existing home sales were solid

Jun 22, 2015 21:05 pm UTC| Commentary

United States existing home sales were solid, beating expectations with a print of 5.35mn (est. 5.26mn). That marks a cycle high, and it helps firm up expectations that housing will be a strong contributor to Q2 growth....

AU rates review

Jun 22, 2015 20:28 pm UTC| Commentary

Westpac Research notes:Australian 3yr government bond (futures) yields rose from 1.95% to 2.04%, while the 10yr rose from 2.94% to...

US rates review

Jun 22, 2015 20:27 pm UTC| Commentary

Westpac Research notes:US 10yr treasury yields rose from 2.30% to 2.37%. US data was mixed, home sales beating expectations but Chicago Fed activity...

Daily outlook for AUD/NZD

Jun 22, 2015 20:22 pm UTC| Commentary

Westpac Research notes:AUD/NZD 1 day: Rising to 1.1305 (Oct 2014 high) which should provide some resistance.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ is currently in...

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Economy

Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict

Global oil prices climbed sharply at the start of Mondays trading session following a significant escalation in Middle East hostilities. Yemens Iran-backed Houthi group launched a missile barrage targeting Israel over the...

Asia Markets Tumble as Gulf Conflict Drives Oil Prices to Historic Highs

Asian stock markets fell sharply on Monday as investors braced for a prolonged Gulf conflict that has sent oil prices surging to their highest monthly gains in decades, raising serious concerns about global inflation and a...

Bank of Japan Signals Rate Flexibility Amid Yen Volatility

Bank of Japan (BOJ) Governor Kazuo Ueda reaffirmed on Monday that the central bank will keep a close eye on foreign exchange rate movements, acknowledging their significant influence on Japans economic outlook and...

WTO Digital Trade Talks Stall as E-Commerce Tariff Deadline Looms

Trade ministers convening in Cameroon for the World Trade Organization ministerial summit are entering a critical final stretch with no agreement in sight on one of global commerces most consequential digital policy...

Australia's Energy Crisis: Free Public Transport as Fuel Shortages Bite

Victoria and Tasmania have rolled out emergency public transport fare waivers as surging fuel costs put pressure on Australian households. The relief measures come amid a month of escalating supply risks linked to Middle...

Politics

Pakistan Leads Diplomatic Push to Reopen Strait of Hormuz Amid Iran War

Pakistan brought together foreign ministers from Turkey, Egypt, and Saudi Arabia in Islamabad on Sunday in a high-stakes diplomatic effort to end the ongoing Iran war and restore critical oil shipping routes through the...

Trump Eyes Military Operation to Seize Iran's Uranium Stockpile

President Donald Trump is reportedly weighing a bold military operation to physically extract nearly 1,000 pounds of uranium from Iran, according to a Wall Street Journal report citing senior U.S. officials. While no final...

Iran-U.S. Military Tensions Escalate: Markets, Universities, and the Strait of Hormuz at Risk

Geopolitical tensions in the Middle East have intensified dramatically as Irans Islamic Revolutionary Guard Corps (IRGC) issued a stark warning targeting U.S.-affiliated universities across neighboring countries. The IRGC...

Pakistan's Diplomatic Pivot: Brokering Peace Between the U.S. and Iran

Pakistan has undergone a remarkable foreign policy transformation, shifting from regional isolation to becoming one of the most consequential diplomatic players in the Middle East. Under the joint leadership of Prime...

Corey Lewandowski Exits DHS as Trump Administration Reshapes Homeland Security Leadership

The U.S. Department of Homeland Security has confirmed that Corey Lewandowski, a longtime Trump ally and former 2016 campaign manager, has officially departed from his unpaid advisory role at the agency. The exit marks...

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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