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Asia Round Up: Japan’s Industrial output returns to growth in April- June 12th, 2015

Jun 12, 2015 05:23 am UTC| Market Roundups

Market Roundup BOJ Policy Board Harada - No need to ease if inflation trend up. Japanese industrial output rebounded at 1.2% month-on-month in April, last at 1.0%. Japan Fin Min Aso - No comment on FX levels, must...

Americas Roundup: GBP/USD is finally accelerating towards new highs, Kiwi consolidates lows below 0.7000 - June 12th, 2015

Jun 11, 2015 20:20 pm UTC| Market Roundups

Market Roundup United States w/e initial jobless claims increase to 279 k (fcast 277 k) vs prev 276 k United States May retail sales mm increase to +1.2 % (fcast 1.1 %) vs prev 0.0 % United States May import prices mm...

Europe Round Up: NZD sinks to 5-year low on rate cut, GBP slips vs USD on no rate hike clues - June 11th, 2015

Jun 11, 2015 11:06 am UTC| Market Roundups

Market Roundup European Official- Good chance next week will bring agreement with Greece acceptable to creditors. USD/JPY recovers to 123.81 after biggest drop in 2 months on Wednesday. EUR/USD weighed down to...

Asia Round Up: Kiwi plunges to 5 yr low after surprise rate cut, Australian Unemployment unexpectedly falls in may - June 11th, 2015

Jun 11, 2015 05:36 am UTC| Market Roundups

Market Roundup RBNZ cuts OCR 25 bps to 3.25%, further ease may be appropriate, another OCR cut priced in, inflation low, CPI +0.7% end-15, +2.1% end-16, GDP +3.2% as of March 16, +3.1% March 17, NZD weakness good,...

Americas Roundup: Volatility in the global markets takes a breather, vigilant on Greece - June 11th, 2015

Jun 10, 2015 19:56 pm UTC| Market Roundups

Market Roundup United States May Federal budget,$ decrease to -82.4 bln $ (fcast -98.0 bln $) vs prev 157.0 bln $ India 12M current account $ increase to -27.5 bln $ vs prev -32.40 bln $ ECBs Coeure says if a country...

Europe Round Up: JPY surges to 2-week high on Kuroda's comments, GBP rises on industrial data - June 10th, 2015

Jun 10, 2015 11:10 am UTC| Market Roundups

Market Roundup Yen surges to 2 week high vs USD after Kuroda comments. USD/JPY hits 122.46 fm 124.63. EUR/JPY 138.55 fm 140.66. EUR up as 10-yr bund yields top 1%, easier into NY. EUR/USD plays 1.1272/1.1387. ...

Asia Round Up: BOJ Kuroda’s exchange rate comments send Yen to new highs - June 10th, 2015

Jun 10, 2015 05:29 am UTC| Market Roundups

Market Roundup BOJ Gov Kuroda in PM Diet testimony - Real effective exchange rate shows JPY weak, JPY may not weaken much further on this basis. BOJ Gov Kuroda - No comment on FX levels, daily moves, desirable for FX...

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Economy

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets

Asian stocks mostly advanced on Monday, following record highs on Wall Street as weaker-than-expected U.S. employment data reduced expectations for a Federal Reserve interest rate hike in September. Japan and South Korea...

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears

Asian stock markets moved higher on Monday, following record gains on Wall Street as weaker U.S. employment data reduced expectations for an imminent Federal Reserve interest rate hike. Oil prices also advanced as...

US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns

U.S. stock futures were largely flat Sunday night as investors assessed renewed geopolitical risks surrounding the Strait of Hormuz, with Iran setting conditions for fully reopening the critical oil shipping route. SP 500...

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...

Politics

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

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...

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...

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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