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Europe Roundup: Euro dips after data shows Eurozone economy slowed in fourth quarter, European shares gain,Gold falls 1%,Oil jumps after Russian signal on OPEC talks-March 10th,2020

Mar 10, 2020 13:29 pm UTC| Market Roundups Investing

Market Roundup French Non-Farm Payrolls (QoQ) (Q4) 0.4%, 0.2% previous French Jan Industrial Production (MoM) 1.2%, 1.8% forecast,-2.5% previous EU Employment Change (QoQ) (Q4)...

Asia Roundup: Antipodeans decline as coronavirus cases rise, greenback rebounds on possible fiscal stimulus, investors eye EZ GDP figures - Tuesday, March 10th, 2020

Mar 10, 2020 07:15 am UTC| Market Roundups Investing

Market Roundup Oil prices jump 6% after biggest one-day fall since 1991 Gold falls 1% on global stimulus hopes Mainland China reports 19 new confirmed cases of coronavirus Economic Data...

Asian markets turns to green, gold down

Mar 10, 2020 05:12 am UTC| Commentary Investing

All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,654 mark while silver was trading around $16.95 mark. Japans Nikkei was trading 0.85 pct higher at 19,800.50...

Asia Roundup: Antipodeans at 11-year low as oil plunges over 30 percent, greenback slumps as U.S. Treasury yields decline, Asian shares tumble on coronavirus panic - Monday, March 9th, 2020

Mar 09, 2020 07:09 am UTC| Market Roundups Investing

Market Roundup Oil plunges about 30% after Saudi Arabia slashes prices Gold jumps past $1,700 level for first time in seven years Japan warns against yen spike Economic Data Ahead (0430 ET/0930...

Asian markets severely down, gold back below $1,700 mark

Mar 09, 2020 04:56 am UTC| Commentary Investing

All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,660 mark while silver was trading around $16.82 mark. Japans Nikkei was trading 5.82 pct lower at 19,548.50...

Asia Roundup: Aussie eases on downbeat retail sales, Yen rallies as fears mount over virus impact, Asian shares plunge - Friday, March 6th, 2020

Mar 06, 2020 07:30 am UTC| Market Roundups Investing

Market Roundup Oil slips amid demand concern Gold set for biggest weekly gain since 2016 Australias Retail Sales drop 0.3% in Jan Economic Data Ahead (0245 ET/0745 GMT) France Exports, EUR...

FxWirePro: Chinese yuan falls gradually against U.S. dollar, stay long only above 6.9611 mark

Mar 06, 2020 07:18 am UTC| Technicals Investing

USD/CNY is currently trading around 6.9453 marks. It made intraday high at 6.9577 and low at 6.9367 levels. Intraday bias remains slightly neutral till the time pair holds key resistance at 6.9611 mark. A...

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Economy

Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy

Japanese business leaders are raising concerns about the economic risks of a persistently weak yen and sharp currency fluctuations, even as exporters continue to benefit from favorable exchange rates. The warnings follow a...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz kept supply concerns elevated, despite signs that Iran and Oman are nearing an agreement on new shipping lanes. Brent crude futures...

BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds

Bank of Japan policymakers are increasingly concerned about inflation pressures, with several officials suggesting that interest rate hikes may need to come faster than financial markets currently expect, according to a...

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Politics

Taiwan Tests Penghu Defense, Mobile Internet Limits in War Drills

Taiwans military conducted a simulated defense of the strategically important Penghu Islands on Monday as part of its annual Han Kuang military exercises, while authorities prepared to restrict mobile internet speeds in a...

Iran-Oman Hormuz Shipping Deal Nears Final Stage

Iran said Sunday that an agreement with Oman establishing new shipping lanes in the Strait of Hormuz is nearing completion, but Tehran stressed that the crucial waterway will remain closed until the United States meets...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...
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