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Thu, Jul 09, 2026 11:22 AM All times are UTC

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Weak dollar alone won’t be sufficient to push yen lower

May 14, 2015 12:47 pm UTC| Insights & Views

US dollar has fallen to below four month low against its major trading counterpart as measured by US dollar index, which is value of dollar against a basket of currencies namely Euro, Pound, yen, Franc, Swedish...

Can PPI prop up US economy? Cautious stage set for EURUSD

May 14, 2015 12:33 pm UTC| Insights & Views

USD exchange rates were plunged yesterday on the back of US retail sales figure which was disappointing, printed at 0.0% MoM for April where consensus at 0.2%.Whilst we know that Q1 GDP was poor in the US the assumption...

Will initial jobless claims be able to break 40 years pattern?

May 14, 2015 11:55 am UTC| Insights & Views

Today around 12:30 GMT, US Bureau of Labor statistics will initial jobless claims data. Market expectation is slight rise in jobless claims to 275,000 from previous 265,000. Continuing claims as of now stands at 2.228...

BoE MPC adds cushion for sterling, mint profits on sideways

May 14, 2015 11:00 am UTC| Insights & Views

After elections, now it is MPC who shapes the table for sterlings profits although it is trading on sideway.The Bank of Englands Monetary Policy Committee voted to maintain the recently released bank rate at 0.5% at its...

EIA reports optimistic numbers on crude mining, likely to act as booster for crude price

May 14, 2015 10:11 am UTC| Insights & Views

As per the US Energy Information Administration (EIA), it is expected that an increase in crude oil mining of 530,000 barrels per day in 2015. This can be explained by the higher production level at the beginning of the...

Investors move out of European fixed income at highest pace since debt crisis

May 14, 2015 10:06 am UTC| Insights & Views

Latest data from Markit economic show that bond investors are fleeing from European assets. European fixed income ETFs experiences total $1.03 billion outflow so far in May making it the largest since sovereign debt crisis...

What negative inflation means for RBI?

May 14, 2015 08:40 am UTC| Insights & Views

Today Wholesale Price Index, published from India showed that price dropped further into negative territory. Reserve Bank of India (RBI) has eased monetary policy twice this year as inflation has fallen back within its...

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Economy

Bernstein Raises 2026 Nickel Price Forecast as Indonesia Tightens Supply

Bernstein has increased its 2026 nickel price forecast to $17,357 per metric ton, up from an estimated average of $15,164 per ton in 2025, citing a significantly more balanced global nickel market than previously expected....

Dollar Slips After Fed Minutes as Iran Tensions, Inflation Risks Keep Markets Cautious

The U.S. dollar edged lower on Thursday after the Federal Reserves June meeting minutes appeared less hawkish than investors had anticipated, although escalating geopolitical tensions in the Middle East limited the...

US Back-to-School Spending Seen Falling as Families Focus on Essentials

U.S. back-to-school spending is expected to decline in 2026 as families become more cautious about their finances amid growing economic uncertainty, according to a Deloitte survey released on Thursday. While parents remain...

Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion

Gold prices edged lower on Thursday as a stronger U.S. dollar and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Rising concerns that higher energy prices could keep inflation elevated and...

Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets

Asian stock markets mostly declined on Thursday as renewed geopolitical tensions in the Middle East, higher oil prices and cautious signals from the U.S. Federal Reserve weakened investor sentiment. Concerns over Samsung...

Politics

Qatar Urges U.S.-Iran Diplomacy as Fresh Strikes Threaten Fragile Ceasefire

Qatar urged Iran and the United States to recommit to diplomacy on Thursday as both countries exchanged fresh military strikes, raising fears that their fragile ceasefire could collapse and further destabilize the Middle...

Iran Buries Ayatollah Ali Khamenei as Successor Mojtaba Remains Out of Public View

Iran buried slain Supreme Leader Ayatollah Ali Khamenei on Thursday at the revered Shrine of Imam Reza in Mashhad, marking the end of a week of nationwide mourning ceremonies following his death in a U.S. strike. The...

Trump, Erdogan Strengthen U.S.-Turkey Ties at NATO Summit in Ankara

Turkey used the NATO summit in Ankara to showcase its growing ties with the United States, rolling out a high-profile welcome for President Donald Trump that underscored Ankaras ambitions to strengthen its role within the...

ICC Says Darfur War Crimes Probe Reaches Breakthrough in Sudan Investigation

The International Criminal Court (ICC) says it has made a significant breakthrough in its investigation into alleged war crimes and crimes against humanity committed during Sudans conflict in the Darfur region, with...

Houston ICE Shooting Sparks Protests, Demands for Independent Investigation

Hundreds of demonstrators gathered in Houston on Wednesday to protest the fatal shooting of a Mexican national by a U.S. Immigration and Customs Enforcement (ICE) officer, intensifying concerns over the Trump...

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

Bain Capital Exits Kioxia After AI-Fueled Valuation Surge

Bain Capital has fully exited its investment in Japanese flash memory manufacturer Kioxia, marking the end of a highly profitable private equity deal driven by the rapid expansion of the artificial intelligence (AI)...

SK Hynix’s $28 Billion U.S. Share Sale Draws Massive Demand Amid AI Chip Boom

SK Hynixs planned $28 billion U.S. share sale attracted demand worth more than seven times the number of shares available, highlighting strong investor confidence in the South Korean memory chip maker and the rapidly...

Zhipu AI Raises HK$31.37 Billion in Discounted Share Sale to Accelerate AI Growth

Chinese artificial intelligence company Zhipu AI, listed in Hong Kong as Knowledge Atlas Tech Joint Stock (HK:2513), has raised approximately HK$31.37 billion (US$4 billion) through a discounted share sale, strengthening...

Nvidia Invests $500M in Firmus Technologies Ahead of Planned ASX IPO

Nvidia (NASDAQ: NVDA) has agreed to invest approximately A$720 million (US$500 million) in Australian cloud infrastructure startup Firmus Technologies, becoming the largest participant in the companys planned A$2 billion...

SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest

SK Hynix Inc. is seeing overwhelming investor interest in its planned $28 billion U.S. listing, with demand reportedly exceeding the number of shares available by several times, according to a Bloomberg News report on...