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Europe Round Up: SEK slips on surprise rate cut, dollar at 3-week high - July 2nd, 2015

Jul 02, 2015 11:20 am UTC| Market Roundups

Market Roundup DXY up to 3 week highs at 96.406. EUR/USD steady and plays in between 1.1032 to 1.1088 levels. NZD/USD makes new 5 year low at 0.6670. SEK slips to 3 week low on surprise rate cut. EUR/SEK up to 9.37...

Asia Round Up: AUD$ falls due to Trade Deficit- July 2nd, 2015

Jul 02, 2015 05:31 am UTC| Market Roundups

Market Roundup BOJ Tankan - Japan firms eye CPI +1.4% in year, +1.5% in three, +1.6% in five, previous survey +1.4%, +1.6%, +1.6%, still short of BOJs 2% target. Japan MoF flow data week-ended June 27 - Japanese buy...

Americas Roundup: NZD/USD Under steady bearish pressure,USD broadly higher ahead of NFP july 2nd, 2015

Jul 01, 2015 23:34 pm UTC| Market Roundups

Market Roundup Slovak FinMin: Eurogroup agreed to wait until after Greek referendum before further talks Greeces Varoufakis: govt will to accept strict measures if debt is sustainable Germanys Merkel: no...

Europe Round Up: Euro slips slightly on deal Greek deal hopes, Sterling drops after manufacturing PMI- July 1st, 2015

Jul 01, 2015 11:39 am UTC| Market Roundups

Market Roundup GBP/USD sharply lower after PMI misses forecasts. Trading from 1.5646 to 1.5749 levels. Euro boosted on Greek deal hopes. From 1.1095 to 1.1172 but easing again expected. EUR/GBP rallied to 0.7130....

Asia Round Up: Aussies lifted after Chinese PMI data- July 1st, 2015

Jul 01, 2015 05:49 am UTC| Market Roundups

Market Roundup Indonesia June Core CPI 5.04% Y/Y (Reuters Poll +5.05%). Indonesia June Manufacturing PMI Rises to 47.8 vs 47.1 May, But Contracts for 9th Month. Malaysia June PMI at 32-Month Low of 47.6 Vs...

Americas Roundup: NZD/USD hits new lows at 0.6748 in early NY session,Greece misses IMF Payment,to send new proposal today

Jun 30, 2015 22:42 pm UTC| Market Roundups

Market Roundup Feds Fischer lag in impact of mon policy means Fed cant wait to raise int rates until inf/employment objectives reached Eurogroups Dijsselbloem says Greeces stance must change for new bailout,...

Europe Round Up: Euro broadly lower, Sterling set for 8 straight quarter of gains vs Euro - June 30th, 2015

Jun 30, 2015 11:20 am UTC| Market Roundups

Market Roundup Euro lower on Greece month end flows. EUR/USD to trade from 1.1134 to 1.1243 levels. EUR/JPY tested 135.88 level from 137.73 before recovering. Sterling strengthens after UK growth revised up....

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

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...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

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....