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Daily outlook for AU rates

May 14, 2015 20:25 pm UTC| Commentary

Westpac Research Notes:AU swap yields 1 day: The 2yr should open around 2.16% while the 10yr should open around 3.23%.AU swap yields 1-3 month: Momentum remains positive, with the 2yr having broken 2.20% and targeting...

Daily outlook for NZ rates

May 14, 2015 20:23 pm UTC| Commentary

Westpac Research Notes:NZ swap yields 1 day: Given the movements in interest rates in key markets overnight, the NZ 2yr should open down 3bp at 3.40% while the 10yr should open down 2bp at 4.03%.NZ swap yields 1-3 month:...

Interest rates in Chile and Peru are likely to be left on hold

May 14, 2015 18:31 pm UTC| Commentary

Interest rates in Chile are likely to be left on hold (22.00 BST Thursday). GDP growth is set to have strengthened in Q1, and with core inflation remaining high, policy makers have hinted in recent communications that...

BoK's monetary policy decision to be a close call

May 14, 2015 18:13 pm UTC| Commentary

The Bank of Koreas (BoK) monetary policy decision will be a close call, but rates are likely to remain on hold.Although consumer spending and business sentiment have picked up, exports have continued to struggle, and...

Japan consumer confidence may have improved a touch further in April

May 14, 2015 18:10 pm UTC| Commentary

Japan consumer confidence (06.00 BST) may have improved a touch further last month.Even though gasoline prices have edged up slightly in recent weeks, they remain much lower than a year ago, consistent with a further...

Hong Kong GDP growth is likely to have picked up slightly in Q1

May 14, 2015 18:01 pm UTC| Commentary

GDP growth in Hong Kong (09.30 BST), which remained relatively weak at the end of last year, is likely to have picked up slightly in Q1.Capital Economics expects private consumption growth to have risen after...

U-Mich consumer confidence probably fell slightly in May

May 14, 2015 17:42 pm UTC| Commentary

The University of Michigan measure of consumer confidence (15.00 BST) probably fell slightly in May, to 94.0 from 95.9 in April, but that would still leave it at a level consistent with a sharp rebound in consumption.The...

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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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