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AUD & NZD, both to push lower

May 15, 2015 12:48 pm UTC| Commentary

AUD-USD and NZD-USD have recently come off their lows as the USD consolidation takes place. AUD-USD has pushed above 0.80, rising 7.5% since the start of April.NZD-USD has followed suit, albeit not to the same extent. This...

German business sentiment to soften on fears for Greece

May 15, 2015 12:45 pm UTC| Commentary

The Ifo Business Climate Indicator may follow other indicators like the PMI and ZEW economic sentiment down this month. The Ifo has been among the most positiveindicators of German economic conditions of late and its...

Higher oil prices and Greece concerns to have weighed on euro-zone activity

May 15, 2015 12:41 pm UTC| Commentary

The euro-zone composite PMI may have nudged down in May, as the partial rebound in oil prices and concerns about Greece weighed on activity. The composite PMI fellfor the first time in five months in April.Admittedly, at...

UK experiences negative inflation, but for one month only

May 15, 2015 12:38 pm UTC| Commentary

Tuesdays inflation figures look set to show that the UK slipped into deflation in April. But this is likely to have largely reflected the timing of Easter this year compared to last. Since the oil price has rebounded and...

Lower commodity prices to weigh negatively on AUD, NZD

May 15, 2015 12:34 pm UTC| Commentary

Commodity prices are extremely low relative to a few years ago and this will continue to weigh negatively on the AUD and NZD in the months to come. The chart shows the commodity indices of both the RBA and ANZ, indexed to...

Philippine's remittances pay back January-February weakness

May 15, 2015 10:22 am UTC| Commentary

Philippines remittances recovered further in March, better than consensus and even our above-consensus forecast. The rebound represents a further recovery from the weakness seen in January, which was likely affected by...

Shift in sentiment on the oil market

May 15, 2015 10:01 am UTC| Commentary

Are we about to see a shift in sentiment on the oil market? One might be forgiven for gaining this impression considering the (lack of) response to the news which in the past would usually have sparked rising prices. Take...

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Economy

Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns

Global oil prices continued to decline on Thursday, reaching levels close to those seen before tensions escalated between Iran and its regional rivals. The sharp drop in crude prices reflects growing confidence that oil...

White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response

The White House has formally asked Congress to approve an $87.6 billion supplemental spending package aimed at covering expenses tied to the ongoing Iran war, while also providing funding for American farmers and...

Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies

Japans government is preparing to push for a monetary policy that supports stronger private demand, highlighting its preference for keeping borrowing costs low even as the Bank of Japan (BOJ) continues normalizing interest...

Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion

Gold prices continued their downward trend during Asian trading on Thursday, falling to their lowest level in more than seven months as a stronger U.S. dollar and growing expectations of additional Federal Reserve interest...

South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost

South Koreas benchmark KOSPI index soared more than 5% at Thursdays market open, prompting the Korea Exchange (KRX) to temporarily halt program trading after a sharp rally fueled by leading semiconductor stocks. The...

Politics

Israel Heritage Bill Sparks Annexation Concerns in West Bank

Israels proposed Heritage Authority in Judea and Samaria bill is drawing widespread criticism from Palestinians, Israeli rights organizations, and academic experts, who argue that it could accelerate Israeli settlement...

US Reaffirms Taiwan Arms Sales Policy Despite Trump’s Comments on China

The United States has reaffirmed that its planned arms sale to Taiwan is not dependent on negotiations with China, despite previous remarks from President Donald Trump that suggested otherwise. The clarification came from...

US Mobilizes Aid After Powerful Earthquakes Devastate Venezuela

Powerful earthquakes that struck Venezuela on Wednesday have prompted an immediate response from the United States, which is coordinating with Venezuelan authorities and preparing emergency assistance for the disaster-hit...

US Urges States and Businesses to Strengthen Taiwan Ties Amid China Pressure

The United States has urged state governments and private businesses to strengthen their engagement with Taiwan after raising concerns that Chinese officials have been attempting to discourage such relationships. According...

Young Brazilian Voters Shift Right Ahead of 2026 Election

As Brazil prepares for its October presidential election, a growing number of young voters are moving away from the left, signaling a major political shift that could influence the countrys future. Many who once supported...

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

Kioxia Targets U.S. Listing as AI Chip Boom Accelerates

Japan-based Kioxia Holdings Corp. (TYO:285A) is preparing to launch U.S. depositary shares in the spring of 2027, a strategic move aimed at expanding its global investor base and taking advantage of growing enthusiasm for...

Doncasters Raises $919 Million in NYSE IPO as Aerospace Growth Accelerates

Doncasters has successfully raised $919.3 million through its U.S. initial public offering (IPO), marking a significant milestone in the aerospace components manufacturers long-term transformation. The historic British...

SK Hynix Targets $29.4 Billion Nasdaq Listing to Expand AI Chip Business

SK Hynix has announced plans to raise as much as $29.4 billion through a Nasdaq listing in the United States, positioning the deal as one of the largest global stock offerings in history. The South Korean memory chip...

Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign

Alibaba Groups Hong Kong-listed shares dropped sharply on Thursday after reports revealed that U.S.-based artificial intelligence company Anthropic accused the Chinese tech giant of conducting a large-scale campaign to...

Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism

Samsung Electronics and SK Hynix posted strong gains on Thursday after Micron Technology delivered record quarterly earnings and issued a stronger-than-expected revenue forecast, reinforcing confidence in the growing...
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