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America’s Roundup: Dollar softens as weak data signals Fed pause, Wall Street gains, Gold climbs, Oil prices rise after U.S. data shows tighter crude supply-August 31st,2023

Aug 31, 2023 00:00 am UTC| Market Roundups

Market Roundup US Real Consumer Spending (Q2) 1.7% ,1.6% forecast, 4.2% previous US Core PCE Prices (Q2) 3.70%, 3.80% forecast, 4.90% previous US PCE Prices (Q2) 2.5%, 2.6%forecast, 4.1% previous US GDP Sales...

Europe Roundup :Euro steadies as markets raise bets of ECB hike after inflation data, Gold steadies near three-week high, Oil rises on large US stockpile draw, hurricane jitters-August 30th,2023

Aug 30, 2023 12:27 pm UTC| Market Roundups

Market Roundup German Jul Car Registration (YoY) 18.1%, 24.8% previous German Jul French Car Registration (MoM) -32.4%, 31.1% previous German Jul Import Price Index (MoM) -0.6%, 0.0% forecast,-1.6%...

America’s Roundup: U.S. dollar declines after data shows softening labor demand ,Wall Street ends higher, Gold hits three-week peak, Oil rises 1% on softer dollar, US braces for hurricane hit-August 30th,2023

Aug 29, 2023 23:54 pm UTC| Market Roundups

Market Roundup US Jun House Price Index 405.8,404.1 previous US Jun SP/CS HPI Composite - 20 s.a. (MoM) 0.9%,1.2% forecast,1.0% previous US Jun House Price Index (YoY) 3.1%,2.8% previous US Jun House Price...

Europe Roundup: Sterling edges higher as traders await steer from Bank of England,Gold ticks up , Oil ticks up as supply concerns outshine macroeconomic jitters-August 29th 2023

Aug 29, 2023 12:31 pm UTC| Market Roundups

Market Roundup Sweden GDP (YoY) (Q2) -1.0%, -2.4% forecast,0.8% previous Sweden Jul Retail Sales (YoY) -2.1%,-2.2% forecast, -4.4% previous Sweden Jul Retail Sales (MoM) 1.0%, 0.2% forecast,-0.3%...

America’s Roundup: Dollar briefly hits 9-month high against yen, US stocks close in green, Gold firms, Oil rises as China moves to support economy, tropical storm in focus-August 29th,2023

Aug 28, 2023 23:05 pm UTC| Market Roundups

Market Roundup French 12-Month BTF Auction 3.631% , 3.639% previous French 3-Month BTF Auction 3.664%,3.684% previous French 6-Month BTF Auction 3.671%,3.658% previous US Aug Dallas Fed Mfg Business Index...

Europe Roundup: Euro edges higher ahead of economic data, European shares rise, Gold holds steady, Oil steadies as China moves to support economy, tropical storm in focus-August 28th,2023

Aug 28, 2023 12:32 pm UTC| Market Roundups

Market Roundup EU Jul M3 Money Supply (YoY) -0.4%, 0.0%forecast,0.6% previous EU Jul Loans to Non Financial Corporations 2.2%, 2.5% forecast, 3.0% previous EU Private Sector Loans (YoY) 1.3%, 1.4% forecast,1.7%...

America’s Roundup :Dollar holds steady as Fed's Powell suggests possible need for higher interest rates, Wall Street ends higher, Gold drops, Oil futures up 1% to one-week high driven by the surge in U.S. diesel prices-August 26th,2023

Aug 25, 2023 23:55 pm UTC| Market Roundups

Market Roundup US Indexes: Dow up 0.7%, SP 500 up 0.7%, Nasdaq up 0.9% Canada Wholesale Sales (MoM) 1.4%,-2.8% previous Belgium Aug NBB Business Climate -14.9, -13.5 forecast,-14.8 previous US Aug Michigan...

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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

A major Australian pension fund is ramping up its currency hedging strategy as expectations grow that the Australian dollar is undervalued and poised to strengthen further. HESTA, one of Australias largest superannuation...

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

Lee Seung-heon, a leading candidate to become the next governor of the Bank of Korea (BOK), has voiced support for raising property ownership taxes as a way to curb surging home prices, while warning that a shift toward...

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

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

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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