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Europe Roundup: Sterling falls to fresh lows against dollar, European shares slide, Gold slips 1%, Oil prices fall, weighed down by dollar, China lockdowns-May 9th,2022

May 09, 2022 14:01 pm UTC| Market Roundups

Market Roundup French Mar Trade Balance -12.4B,-10.3B previous French Mar Imports 58.1B,56.0B previous French Mar Current Account -3.20B,-1.10B previous EU May Sentix Investor Confidence -22.6, -20.8 forecast,...

America’s Roundup: Dollar index slips from 20-year high, Wall Street ends down, Gold gains, Oil gains 1.5%, posts another weekly rise on supply concerns-May 7th,2022

May 07, 2022 01:40 am UTC| Market Roundups

Market Roundup Canada Apr Part Time Employment Change 47.1K,-20.3K previous Canada Apr Full Employment Change -31.6K, 92.7K previous US Apr Average Hourly Earnings (MoM) 0.3%,4% forecast, 0.4% previous US Apr...

Europe Roundup: Euro jumps on ECB rate rise talk, European shares dips, Gold prices firm, Oil rises as supply concerns persist-May 6th, 2022

May 06, 2022 13:34 pm UTC| Market Roundups

Market Roundup Swiss Apr Unemployment Rate n.s.a 2.3%, 2.2% forecast,2.4% previous Swiss Apr Unemployment Rate s.a 2.2%,2.2% forecast, 2.2% previous UK Halifax House Price Index (YoY) 10.8%,11.0% previous UK...

America’s Roundup: Dollar regains footing after tumble, Wall Street tumbles, Gold retreats, Oil edges up on supply jitters as EU plans Russian oil ban-May 6TH, 2022

May 06, 2022 00:48 am UTC| Market Roundups

Market Roundup Unit Labor Costs (QoQ) (Q1) 11.6%, 9.9% forecast, 0.9% previous US Nonfarm Productivity (QoQ) (Q1) -7.5%,-5.4% forecast, 6.6% previous US Initial Jobless Claims 200K, 182K forecast, 180K...

Europe Roundup: Euro’s gains fades on bleak German industrial orders, European stocks rally, Gold rises 1%,Oil climbs on supply jitters as EU plans Russian oil ban-May 5th,2022

May 05, 2022 11:00 am UTC| Market Roundups

Market Roundup German Mar Factory Orders (MoM) -4.7%,-1.1% forecast, -2.2% previous Swiss Apr CPI (YoY) 2.5%,2.5% forecast, 2.4% previous Swiss Apr CPI (MoM) 0.4%, 0.3% forecast, 0.6% previous French Mar...

America’s Roundup: Dollar dips as Powell pushes back against 75 bp hike, Wall Street closes with sharp gains, Gold rises 1%, Oil jumps $5 a barrel as EU nears ban on Russian oil-May 5th,2022

May 05, 2022 01:58 am UTC| Market Roundups

Market Roundup Canada Apr ADP Nonfarm Employment Change 247K, 395K forecast, 455K previous Canada Mar Imports 61.14B, 58.11B forecast, 56.08B previous Canada Mar Trade Balance 2.49B, 3.90B forecast, 2.66B...

Europe Roundup: Sterling steadies near 21-month low ahead of BoE, Fed, European shares falls,Gold steady, Oil jumps 4% as EU proposes ban on Russian oil-May 4th,2022

May 04, 2022 14:11 pm UTC| Market Roundups

Market Roundup German Mar Imports (MoM) 3.4%,1.0% forecast, 4.5% previous German Mar Trade Balance 3.2B, 9.8B forecast, 11.5B previous German Mar Exports (MoM) -3.3%,-2.0% forecast, 6.4% previous Sweden Apr...

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Economy

Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment

Asian markets rallied sharply on Monday, driven by investor optimism after a decisive election victory for Japanese Prime Minister Sanae Takaichi and renewed confidence in global monetary easing. The strong win boosted...

Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence

Japans stock market rallied strongly on Monday, with the Nikkei 225 Index surging to a new all-time high and crossing the 56,000 level for the first time during early trading. The historic rise came as investors reacted...

Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations

The Japanese yen extended its recent losing streak in early Asian trading on Monday after Prime Minister Sanae Takaichi secured a decisive victory in Sundays general election, reinforcing expectations for further fiscal...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

Politics

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

The administration of U.S. President Donald Trump has filed an appeal challenging a federal court decision that ordered the Transportation Department to unfreeze funding for the $16 billion Hudson Tunnel Project, a major...

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

Japan’s Prime Minister Sanae Takaichi Secures Historic Election Win, Shaking Markets and Regional Politics

Japans Prime Minister Sanae Takaichi has secured a historic landslide victory in a rare winter election, consolidating power and paving the way for major shifts in economic, fiscal, and security policy. Takaichis Liberal...

Sydney Braces for Pro-Palestine Protests During Israeli President Isaac Herzog’s Visit

Sydney is preparing for large-scale pro-Palestine protests as Israeli President Isaac Herzog visits Australia, prompting authorities to declare the trip a major event and deploy thousands of police across the city....

Anutin’s Bhumjaithai Party Wins Thai Election, Signals Shift Toward Political Stability

Thailands political landscape may be entering a more stable phase after Prime Minister Anutin Charnvirakuls Bhumjaithai Party secured a decisive victory in Sundays general election. Preliminary results from the Election...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

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...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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