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Americas Roundup: Retail sales disappointment drops dollar, GBP weak after BoE Inflation report - 14 May, 2015

May 13, 2015 20:07 pm UTC| Market Roundups

Market Roundup US Retail Sales MM Apr 0%, (consensus 0.2%, previous 1.1%); headline miss leads Investment Banks to cut GDP tracking forecasts US Retail Control Apr 0%, (consensus 0.5%, previous 0.5%) US Export Prices...

Europe Round Up: BoE cuts growth outlook; German, Chinese data disappoint- May 13th, 2015

May 13, 2015 11:16 am UTC| Market Roundups

Market Roundup GBP/USD hit 5 month high at 1.5749 after wage pick up, lower after Inflation Report. GBP/USD slips to 1.5635 after Carney GBP view, 200MA at 1.5618. BoE Carney - Sterling strength relevant to...

Asia Round Up: Kiwi jumps on RBNZ’s home loan restrictions, Japan C/A surplus hits 7 year high - May 13th, 2015

May 13, 2015 05:25 am UTC| Market Roundups

Market Roundup NZ April food prices -0.3% m/m, +1.0% y/y, March -0.1% m/m, +1.9%. RBNZ Gov Wheeler - High NZD unsustainable wants further fall, RBNZ planning more home loan restrictions. Japan March c/a surplus ...

Americas Roundup: Dollar is falling across the board, tracking stocks lower - 13 May, 2015

May 12, 2015 20:07 pm UTC| Market Roundups

Market Roundup US NFIB Business Optimism Index Apr 96.9, (previous 95.2) US JOLTS Job Openings Mar +4.994m, (consensus 5.100m, previous +5.144m) Mexico Industrial Output MM Mar 0%, (consensus 0.35%, previous 0.30%);...

Europe Round Up: Higher yields push euro higher, Sterling trades above 1.5700 - May 12th, 2015

May 12, 2015 11:12 am UTC| Market Roundups

Market Roundup Sterling jumps to 2015 high on better than expected industrial data. GBP/USD rose to 1.5693 from 1.5558, above 200 DMA at 1.5624. Broadly weaker dollar, EUR/USD inched higher to 1.1279 from 1.1134. ...

Asia Round Up: AUD$ firmly above 0.79 after home loans data, AAA ratings boost - May 12th, 2015

May 12, 2015 05:12 am UTC| Market Roundups

Market Roundup Norways quarterly consumer confidence 1.7 in Q2 vs preliminary 7.4 IN Q1. BoJ Gov Kuroda - Confirms not considering lowering interest on excess reserves. Japan aims for cut in primary budget deficit...

Americas Roundup: Pound still holding momentum, up across the board - 12 May, 2015

May 11, 2015 20:17 pm UTC| Market Roundups

Market Roundup BOE holds rates/QE steady, makes no statement after decision, GBP adds to post-election gains Feds Williams prefers Fed not telegraph timing of Rate hike, every meeting is on table for a hike Eurogroups...

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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...