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Market Roundups

Wed, Jul 06, 2022 06:29 PM All times are UTC Edition :

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Europe Roundup: Euro falls to below 1.02 for the first time since 2002, European shares climb, Gold rises, Oil prices rebound as supply concerns return-July 6th,2022

Jul 06, 2022 12:18 pm UTC| Market Roundups

Market Roundup German May Factory Orders (MoM) 0.1%, -0.6% forecast, -2.7% previous Sweden Industrial Production (MoM) 0.5%,-0.6% previous Sweden Industrial Production (YoY) 0.2%,0.1% previous UK Jun...

America’s Roundup: Dollar rises on safe-haven demand, Wall Street ends mixed, Gold drops over 2%, Oil tumbles 9% on recession demand destruction fears-July 6th,2022

Jul 06, 2022 00:39 am UTC| Market Roundups

Market Roundup Canada May Building Permits (MoM) 2.3%, 0.7% forecast, -0.6% previous US Factory May orders ex transportation (MoM) 1.7%,0.3% previous US May Durables Excluding Defense (MoM)0.7%, 0.6%...

Europe Roundup: Euro falls to two-decade low on recession fears, European shares fall , Gold dips Brent falls as recession fears deepen demand concerns-July 5th,2022

Jul 05, 2022 13:07 pm UTC| Market Roundups

Market Roundup Spanish Jun Services PMI 54.0, 53.5 forecast, 56.5 previous Italian Jun Services PMI 51.6, 51.5 forecast, 53.7 previous French Jun Services PMI 53.9, 54.4 forecast, 58.3 previous German Jun...

America’s Roundup: Dollar weakens against euro, sterling in U.S. holiday trading, Gold slips, Oil rises as supply shortages outweigh recession fears-July 5th,2022

Jul 05, 2022 01:07 am UTC| Market Roundups

Market Roundup: French 12-Month BTF Auction 0.453%, 0.609% previous French 3-Month BTF Auction -0.378%,-0.392% previous French 6-Month BTF Auction -0.021% ,-0.163% previous Canada Jun Manufacturing PMI 54.6,...

Europe Roundup:Pound gains as traders monitor upcoming BoE signals, European shares gains, Gold edges lower, Oil prices reverse losses, gain on concerns over supply shortages-July 4th,2022

Jul 04, 2022 12:45 pm UTC| Market Roundups

Market Roundup German May Imports (MoM) 2.7%,0.9% forecast, 3.1% previous German May Trade Balance -1.0B, 2.7B forecast, 3.5B previous German May Exports (MoM) -0.5%, 0.9% forecast, 4.4% previous Swiss Jun...

America’s Roundup: Dollar boosted by safety bid on recession fears, Wall Street ends higher, Oil climbs more than 2% as supply cuts outweigh recession fears-July 2nd,2022

Jul 02, 2022 01:24 am UTC| Market Roundups

Market Roundup US Jun Manufacturing PMI 52.7, 52.4 previous US May Construction Spending (MoM) -0.1%, 0.4% forecast, 0.2% previous US Jun ISM Manufacturing Employment 47.3, 49.6 previous US Jun ISM...

Europe Roundup: Euro dips, dollar rises as growth fears mount, European shares falls, Gold extends falls, Oil prices up 3% on supply outages-July 1st,2022

Jul 01, 2022 12:29 pm UTC| Market Roundups

Market Roundup Italian Jun Manufacturing PMI 50.9 , 50.5 forecast, 51.9 previous French Jun Manufacturing PMI 51.4, 51.0 forecast, 54.6 previous German Jun Manufacturing PMI 52.0, 52.0 forecast, 54.8...

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Economy

LG Energy, Isuzu Motors ink deal for $765M EV battery supply

LG Energy Solution Ltd., a South Korean battery manufacturing company, has signed a deal with Japans Isuzu Motors for the supply of batteries for its electric vehicles. It was reported that the Japanese automaker decided...

CJ ENM, The Sandbox team up to build metaverse in LAND

CJ ENM signed a deal with The Sandbox to promote its TV programs in the metaverse. The South Korean entertainment company announced their partnership on Monday, July 4. The Sandbox was initially launched as a 3D game in...

Yum Brands in advanced talks to sell KFC in Russia

KFCs parent company, Yum Brands Inc., revealed on Tuesday, July 5, that it is close to selling its fried chicken restaurant business in Russia. The company confirmed it is already in advanced talks to transfer franchise...

SAS Scandinavian airline files for bankruptcy amid strike staged by the pilots

SAS Scandinavian Airlines has filed for Chapter 11 in the United States as its pilots stage a strike that has grounded flights. The company made the move to push and hasten its company restructuring plans. According to...

Kanye West served a burger restaurant a cease and desist order, forcing it to change its brand name and logo

Kanye West reportedly forced an Australian burger restaurant to stop using its name and logo by serving it with a cease and desist order. The American rapper and producer asked the College Dropout Burgers to stop using its...

Politics

Russia-Ukraine conflict: Kyiv renews invitation for Pope Francis to visit

Pope Francis has openly criticized the ongoing war in Ukraine and has constantly prayed for an end to the conflict. Ukraines foreign ministry has renewed its invitation for the pontiff to visit. The spokesperson for the...

NATO in talks to set up naval base in Albania, says PM

Albanian Prime Minister Edi Rama said Friday last week that they were having discussions with NATO about building a naval base at a port that is under construction on the Adriatic Coast for the alliance. This also comes...

Russia-Ukraine conflict: Ukrainian flag will be raised on Snake Island after withdrawal of Russian forces

In the midst of the advances Russia has claimed to make in its war with Ukraine, Kyiv has also made gains in the heavy conflict centered on its eastern territory. Ukraines military said the Ukrainian flag would soon be...

European Union to establish platform for rebuilding of Ukraine

The European Union is already looking to address efforts to rebuild Ukraine as it continues to resist the aggression by Russian forces. European Commission President Ursula von der Leyen said the EU would be setting up a...

North Korea blasts US-South Korea-Japan agreement on enhanced military cooperation

North Korea has continued to accuse the United States of trying to establish a military alliance similar to NATO as of late. Pyongyang has made the accusation again following the agreement by the US, South Korea, and Japan...

Science

New S. Korean technology repairs car scratches through sunlight exposure

The Korea Research Institute of Chemical Technology has developed a new self-healing coating material that repairs car surface scratches through sunlight exposure. To change their chemical properties and make high...

Sea lettuce used as cow feed may lower marine ecosystem threat

A joint study conducted by a local feed manufacturer and Konkuk University showed that cows fed with a newly developed feed containing sea lettuce emitted 28 percent less methane gas than those who werent. Cows fed sea...

S. Korean scientists develop robot skin that senses tactile stimuli, self heals

A research team from the Korea Advanced Institute of Science and Technology (KAIST) has developed a robot skin that can sense external tactile stimuli and recover from injury when damaged. The newly developed robot skin...

Absolut enlists startup's help in developing fiber-based bottle cap

The Absolut Company is enlisting the help of Swedish start-up Blue Ocean Closures in developing a fiber-based closure cap for its Absolut Vodka bottle. The caps design uses a combination of sustainably sourced FSC fiber...

S. Korea to produce biodegradable plastic with seaweed

South Koreas Ministry of Oceans and Fisheries and a research team at Pohang University of Science and Technology will begin developing technology that uses marine plants to produce biodegradable plastic material. Among...

Technology

Coca-Cola to launch Pride Series NFTs

Coca-Cola will be launching 136 Pride series NFTs in collaboration with designer and advocate for LGBTQIA+ rights, Rich Mnisi. Some of the NFTs are already listed on OpenSea. The Coca-Cola Pride Series NFTs have a...

Apple Watch Series 8 could gain body temperature sensor, report says

The Apple Watch Series 8 may be gaining a new health sensor that could be helpful amid the ongoing pandemic. A new report suggests Apple could ship its next generation of smartwatches with a new feature that can monitor...

Report: AirPods Pro 2 will not feature a heart rate monitor

The rumored heart rate monitor feature on the AirPods Pro 2 is reportedly unlikely to become a reality this year. But it could be something that Apple would introduce in future versions of the true wireless...

EA unveils ‘Skate 4’ ‘pre-pre-pre-alpha’ gameplay trailer

Skate 4 was announced nearly two years ago, but fans might still have to wait a long time before the game is released. EA and developer Full Circle released the latest trailer for the game, but it is not the usual teaser...

MacBook Air with M2 chip could arrive in stores in mid-July

The retail launch of the redesigned MacBook Air is reportedly close, with new information claiming that Apple fans will soon be able to pre-order the device. It appears that the tech giant is on track to release the new...