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America’s Roundup: Dollar dips as hopes rise that inflation has peaked, Wall Street jumps, Gold gains, Oil settles up 1% on tight supply, U.S. crude at 13-week high-June 8th,2022

Jun 07, 2022 23:33 pm UTC| Market Roundups

Market Roundup Canada Apr Exports 64.31B,61.76B forecast,63.63B previous US Imports 339.70, B351.50B previous US Apr Trade Balance-87.10B,-89.50B forecast,-109.80B previous Canada Apr Trade Balance 1.50B,2.90B...

Europe Roundup: Sterling falls to near 3-week lows, European shares fell, Gold firms, Oil prices stable as market juggles risk sentiment with tight supplies-June 7th ,2022

Jun 07, 2022 11:20 am UTC| Market Roundups

Market Roundup German Apr Factory Orders (MoM) -2.7%,0.3% forecast,-4.7% previous German May IHS Markit Construction PMI 45.4, 46.0 previous UK May Composite PMI 53.1,51.8 forecast, 58.2 previous EU Jun Sentix...

America’s Roundup: Dollar gains as risk appetite fades, inflation data eyed ,Wall Street ends up, Gold dips, Oil settles shy of $120 a barrel on OPEC+ deal, Saudi pricing-June 7th,2022

Jun 07, 2022 00:13 am UTC| Market Roundups

Market Roundup French 6-Month BTF Auction -0.432% previous French 3-Month BTF Auction -0.561% previous French 12-Month BTF Auction 0.092% previous US May CB Employment Trends Index 120.18 previous US...

Europe Roundup: Euro edges higher as risk appetite picks up, focus on ECB meeting, European shares rise, Gold ticks higher, Oil prices hit $120 as Saudi July price rise eclipses OPEC+ deal-June 6th,2022

Jun 06, 2022 12:46 pm UTC| Market Roundups

Market Roundup China lifts more COVID-19 curbs; miners luxury stocks rise Risk appetite supports the common currency Yen around multi-year lows versus euro and dollar Chinese yuan just off one month...

America’s Roundup: Dollar gains as strong U.S. data fuels hawkish Fed bets, Wall Street ends down, Gold slips, Oil settles up despite OPEC+ output hike plan, supply still tight-June 4th,2022

Jun 04, 2022 02:01 am UTC| Market Roundups

Market Roundup US May Manufacturing Payrolls 18K, 40K forecast,55K previous Canada Labor Productivity (QoQ) (Q1) -0.5%,-0.5% forecast, -0.5% previous US May U6 Unemployment Rate 7.1%,7.0% previous US May...

Europe Roundup: Euro edges lower before U.S. data, European shares edges lower, Gold dips, Oil slips after OPEC+ hike, tight supply limits loss-June 3rd,2022

Jun 03, 2022 12:13 pm UTC| Market Roundups

Market Roundup German Apr Imports (MoM) 3.1%, 0.2% forecast, 3.4% previous German Apr Exports (MoM) 4.4%,1.5% forecast,-3.3% previous German Apr Trade Balance 3.5B,1.6B forecast, 3.2B previous Italian May...

America’s Roundup: Dollar eases ahead of US employment data, Wall Street ends higher, Gold rises, Oil rises 1% as U.S. crude drawdown overshadows OPEC+ boost-June 3rd,2022

Jun 03, 2022 00:10 am UTC| Market Roundups

Market Roundup US May ADP Nonfarm Employment Change 128K,300K forecast, 247K previous US Continuing Jobless Claims 1,309K,1,325K forecast, 1,346K previous US Unit Labor Costs (QoQ) (Q1) 12.6%,11.6% forecast, 11.6%...

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Economy

How the US–India tariff truce boosts major Indian industries, Surat to Pharma

With zero-duty treatment for flagship products including gems and diamonds, generic drugs, and certain aircraft parts, the new USIndia interim trade agreement reduces US tariffs on Indian products from roughly 25% (close...

Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens

A major Australian pension fund is ramping up its currency hedging strategy as expectations grow that the Australian dollar is undervalued and poised to strengthen further. HESTA, one of Australias largest superannuation...

Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market

Lee Seung-heon, a leading candidate to become the next governor of the Bank of Korea (BOK), has voiced support for raising property ownership taxes as a way to curb surging home prices, while warning that a shift toward...

Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk

Most Asian currencies traded within a narrow range on Monday, reflecting cautious sentiment as investors awaited key economic data from the United States and China. The Japanese yen edged slightly higher after Japans...

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

Politics

China Overturns Death Sentence of Canadian Robert Schellenberg, Signaling Thaw in Canada-China Relations

Chinas top court has overturned the death sentence of Canadian national Robert Schellenberg, a major development in a long-running drug smuggling case that has strained diplomatic relations between Canada and China for...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...

Trump Slams Super Bowl Halftime Show Featuring Bad Bunny

U.S. President Donald Trump sparked fresh controversy after criticizing the Super Bowl halftime show fronted by global music star Bad Bunny, calling the performance absolutely terrible in a social media post shared on...

Bangladesh Election 2026: A Turning Point After Years of Political Suppression

Bangladesh is heading into what many describe as its most competitive national election in more than a decade, marking a dramatic reversal of political fortunes after years of one-party dominance. For 15 years under former...

Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

Ghislaine Maxwell, a longtime associate of the late financier Jeffrey Epstein, plans to refuse to answer questions during a scheduled deposition before the U.S. House Committee on Oversight and Government Reform on Monday,...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...
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