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Europe Roundup: Sterling stays at three-month low , European stocks stabilise ,Gold firms, Oil ticks higher as tight supply trumps macroeconomic gloom-September 8th,2023

Sep 08, 2023 12:33 pm UTC| Market Roundups

Market Roundup Sweden Jul GDP (MoM) 0.5%, -1.4% previous Sweden Jul Household Confidence (YoY) 0.40%, -1.70% previous Sweden Jul Household Confidence (MoM) 0.50%,-0.10% previous German Aug CPI (YoY) 6.1%,6.1%...

America’s Roundup: Dollar firms on solid US data,Wall Street ends mixed, Gold steadies, Brent falls below $90/bbl, pausing rally, on weaker demand outlook-September 8th,2023

Sep 08, 2023 00:44 am UTC| Market Roundups

Market Roundup U.S. jobless claims come in better than expected U.S. productivity rises less than forecast U.S. crude stockpiles fall for fourth straight week -EIA Canada Jul Building Permits (MoM) -1.5%,-5.0%...

Europe Roundup: Euro dips against dollar, European shares inches higher ,Gold steadies, Oil falls as concerns about China outweigh extended cuts-September 7th ,2023

Sep 07, 2023 12:29 pm UTC| Market Roundups

Market Roundup Swiss Aug Unemployment Rate s.a. 2.1%, 2.1% forecast, 2.1% previous Swiss Aug Unemployment Rate n.s.a. 2.0% forecast, 1.9% previous German Jul Industrial Production (YoY) -2.25% forecast, -1.83%...

America’s Roundup: Dollar gains upper hand after US data, Wall Street slides, Gold extends decline, Oil prices gains on anticipated further draws and supply constraints-September 7th ,2023

Sep 06, 2023 23:39 pm UTC| Market Roundups

Market Roundup Canada Labor Productivity (QoQ) (Q2) -0.6%,-0.1% forecast,-0.6% previous US Imports 316.70B ,313.00B previous US Exports 251.66B,247.50B previous US Jul Trade Balance -65.00B,-68.00B...

Europe Roundup: Sterling holds near a three-month low, European stocks extend losses,Gold at one-week low, Oil prices shuffle back as markets shrug off supply jitters-September 6th,2023

Sep 06, 2023 12:28 pm UTC| Market Roundups

Market Roundup German Jul Factory Orders (MoM) -11.7%,-4.0%forecast,7.0% previous Finnish Jul Trade Balance -0.61B,-0.22B previous EU Aug M2 Money Supply (MoM) 43.4,43.5 previous German Aug IHS SP Global...

America’s Roundup: US dollar rises on global growth worries,Wall Street slips, Gold retreats ,Oil prices settle at 10-month high-September 6th,2023

Sep 05, 2023 23:40 pm UTC| Market Roundups

Market Roundup U.S. factory orders fall in July US Indexes fall: Dow 0.56%, SP 0.42%, Nasdaq 0.08% US Aug CB Employment Trends Index 113.02, 115.45 previous US Jul Factory Orders (MoM) -2.1%,-2.5% forecast,2.3%...

Europe Roundup: Sterling falls to 12-week low as business activity contracts, European stocks slide , Gold hits 1-week low, Oil slips as investors sour on China-September 5th,2023

Sep 05, 2023 12:27 pm UTC| Market Roundups

Market Roundup Italian Aug Composite PMI 48.2, 48.9 previous Italian Aug Services PMI 49.8, 50.2 forecast, 51.5 previous French Aug SP Global Composite PMI 46.0, 46.6 forecast,46.6 previous French Aug Services...

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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

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Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market

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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

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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...
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