Menu

Search

America’ s Roundup: Dollar rises, as euro falls after weak PMI data, Wall Street drifts higher ,Gold slips, Oil falls 1% on sluggish coronavirus recovery, supply concerns-August 222nd 2020

Aug 22, 2020 00:44 am UTC| Market Roundups

Market Roundup U.S. business activity rises to early 2019 levels U.S. home sales rise at record pace for 2nd month in row Canada June Retail Sales (MoM) 23.7%, 24.5% forecast ,18.7% previous Canada Jul New...

America’s Roundup: Sterling declines against dollar Brexit concerns , European shares struggle to gain ,Gold dips, Oil prices dip on sluggish coronavirus recovery-August 21st,2020

Aug 21, 2020 12:42 pm UTC| Market Roundups

Market Roundup UK Jul Retail Sales (MoM) 3.6%,2.0% forecast, 13.9% previous UK Jul Public Sector Net Borrowing 25.94B, 29.30B forecast, 34.80B previous UK Jul Public Sector Net Cash Requirement 16.491B, 44.033B...

Asia Roundup: Aussie gains on upbeat retail sales, greenback slumps amid doubts about U.S. economy, investors eye EZ Markit PMI - Friday, August 21st, 2020

Aug 21, 2020 06:04 am UTC| Market Roundups

Market Roundup Oil climbs for third straight week Gold rises on softer dollar, recovery concerns Economic Data Ahead (0330 ET/0730 GMT) Germany Markit Manufacturing PMI(Aug) PREL (0330...

America’s Roundup: Dollar holds gains on Fed outlook, Wall Street gains, Gold rises, Oil falls 1% on OPEC+ oversupply, U.S. jobless data-August 21st,2020

Aug 20, 2020 21:44 pm UTC| Market Roundups

Market Roundup Weekly jobless claims back over 1 million US Jobless Claims 4-Week Avg1, 175.75K, 1,252.75K previous US Continuing Jobless Claims 14,844K, 15,000K forecast 15,486K previous US Initial Jobless...

Europe Roundup: Sterling edges lower as dollar jumps after Fed minutes , European shares fall, Gold crawls higher, Oil falls on caution over demand recovery-August 20th,2020

Aug 20, 2020 12:43 pm UTC| Market Roundups

Market Roundup German Jul PPI (MoM) 0.2% , 0.1%,0.0% previous German Jul PPI (YoY) -1.7%,-1.8% forecast, -1.8% previous Swiss Jul Trade Balance 3.379B, 3.216B previous Greek Jul Current Account (YoY) -1.421B,...

Asia Roundup: Aussie eases as tensions with China worsen, greenback rebounds following Fed minutes, Asian shares plunge - Thursday, August 20th, 2020

Aug 20, 2020 05:56 am UTC| Market Roundups

Market Roundup Gold rebounds on recovery fears Oil eases on U.S. stockpile data Economic Data Ahead (0500 ET/0900 GMT) EZ Construction Output w.d.a (YoY)(Jun) (0500 ET/0900 GMT) EZ...

America’s Roundup: Dollar jumps after Fed meeting minutes, Wall Street dips,Gold tumbles 3%, Oil slips as demand worries outweigh U.S. stocks draw-August 20th,2020

Aug 19, 2020 23:30 pm UTC| Market Roundups

Market Roundup Dollar jumps 0.8%, snapping five sessions of losses Fed policymakers zero in on strategy tweaks, minutes show Smaller coronavirus aid bill reachable -Trump official Canada Trimmed CPI (YoY)...

  451 452 453 454 455 456 457 458 459 460   

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...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.