FOMC: "We believe that any taper tantrum angst is premature, however. Next week’s Fed meeting should make an explicit reference to a rate move in December but there seems to be less scope for aggressive tightening of US financial conditions given that the implied probability of a hike is already close to 75%. We doubt that there will be a sustained risk selloff either, especially if the non-farm payrolls and ISM data underpins the constructive outlook for the US economy and adds to the recent stream ...
When No Man’s Sky launched in August, it was already clear that the game would primarily appeal to a niche audience. The title’s lead designer and head of developer Hello Games, Sean Murray, has been blasted for promising the game would include features that didn’t actually ship. Not long after launch, Murray and Hello Games went radio-silent as players began requesting refunds. Now, ...
Bayon temple after the rain
Artist Noah Davis founded The Underground Museum to bring world-class art to a neighborhood in Los Angeles — for free. He was just 32 years old when he died from cancer in 2015. It's a sweltering night in July and Los Angeles' Underground Museum is packed. "It's crowded and hot, but it feels really good," says vistor Jazzi McGilbert. ...
Australia posted a seasonally adjusted merchandise trade deficit of A$2.410 billion in July, the Australian Bureau of Statistics said on Thursday - a 26 percent improvement over the previous month. more...