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America’s Roundup: Dollar slips to two-month low, Wall Street rally, Gold trends higher, Oil falls 4% as U.S. vote count continues, coronavirus cases rise-November 7th,2020

Nov 06, 2020 23:20 pm UTC| Market Roundups

Market Roundup US Oct Average Hourly Earnings (YoY) 4.5%, 4.6%,forecast, 4.7%previous US Oct Average Hourly Earnings (MoM) 0.1%,0.2% forecast, 0.1%previous US Oct Average Weekly Hours 34.8, 34.7 forecast,...

Europe Roundup: Euro gains as investors await clear U.S. election verdict, European stocks dips, Gold steady, Oil falls as virus cases rise, U.S. vote count continues-November 6th,2020

Nov 06, 2020 13:30 pm UTC| Market Roundups

Market Roundup German Sep Industrial Production (MoM) 1.6%,2.7% forecast, -0.2% previous Finnish Sep Trade Balance -0.38B, -0.25B previous French Sep Current Account -5.70B, -4.70B previous French Sep Exports...

Asia Roundup: Kiwi at 1-1/2 month peak as Q4 inflation expectations accelerate, greenback steadies amid U.S. election concerns, Asian shares at near 3-year peak - Friday, November 6th, 2020

Nov 06, 2020 06:12 am UTC| Market Roundups

Market Roundup Oil eases on U.S. election concerns Gold retreats but set for weekly rise RBA: Recovery underway but the path ahead would be uncertain RBNZ Survey: NZ inflation expectations accelerate...

America’s Roundup: Dollar loses ground as Biden inches closer to White House, Wall Street rallies, Gold bounces, Oil falls amid European lockdowns, U.S. election uncertainty-November 6th,2020

Nov 05, 2020 23:13 pm UTC| Market Roundups

Market Roundup US Challenger Job Cuts 80.666K, 118.804K previous US Challenger Job Cuts (YoY) 80.7%, 185.9% previous Russia Central Bank reserves (USD) 584.0B,589.8B previous Brazil Oct Markit Services PMI...

Europe Roundup: Euro gain against dollar as election uncertainty supports single currency,European shares gain, Gold bounces ,Oil drops as U.S. election uncertainty dominates markets-November 5th,2020

Nov 05, 2020 12:30 pm UTC| Market Roundups

Market Roundup Russia Oct Markit Services PMI 46.9, 53.7 previous UK Nov BoE Interest Rate Decision 0.10%,0.10% forecast, 0.10% previous French Industrial Investments (Q4) 4.0%,-11.0% previous German Oct IHS...

Asia Roundup: Kiwi gains on PM Ardern’s comments, greenback firms as investors await U.S. election results, markets eye BoE policy meeting outcome - Thursday, November 5th, 2020

Nov 05, 2020 06:30 am UTC| Market Roundups

Market Roundup Oil eases as U.S. dollar firms on bets of split White House, Senate Gold firms as Biden edges closer to U.S. election win Economic Data Ahead (0500 ET/1000 GMT) EZ Retail Sales...

America’s Roundup: Dollar gains as investors unwind bets on big fiscal spending, Wall Street surges, Gold slips, Oil climbs as U.S. stockpiles shrink, but election uncertainty looms over market-November 5th,2020

Nov 04, 2020 21:05 pm UTC| Market Roundups

Market Roundup US Oct ADP Nonfarm Employment Change 365K ,650K forecast, 749K previous US Oct Seevol Cushing Storage Report 2.411M, -2.538M previous Canada Sep Trade Balance -3.25B,-2.60B forecast, -2.45B...

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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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