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Europe Roundup:Sterling rises as traders retrace steps out of safe-haven dollar, European shares fall, Gold range bound, Oil mixed as recession fears are tempered by U.S. inventories-April 26th,2023

Apr 26, 2023 11:51 am UTC| Market Roundups

Market Roundup GfK May German Consumer Climate -25.7,-27.9 forecast,-29.5 previous Sweden Mar Unemployment Rate 7.7%,6.8% forecast, 8.2% previous French Apr Consumer Confidence 83,81 forecast,81 previous Sweden...

America’s Roundup: Dollar firms as investors eye US data, Wall Street sinks, Gold gains, Oil dips 2% on economic woes and stronger dollar-April 26th,2023

Apr 26, 2023 00:25 am UTC| Market Roundups

Market Roundup US Feb SP/CS HPI Composite - 20 s.a. (MoM) 0.1%,-0.4% forecast,-0.4% previous US Feb House Price Index (YoY) 4.0%,3.9% forecast,5.3% previous US Feb SP/CS HPI Composite - 20 n.s.a. (YoY) 0.4%,...

Europe Roundup: Sterling slips against dollar, European shares fall ,Gold little changed, Oil edges up on China demand hopes, US inventories in focus-April 25th,2023

Apr 25, 2023 10:55 am UTC| Market Roundups

Market Roundup UK Public Mar Sector Net Borrowing 20.71B,22.94B forecast,15.86B previous UK Public Mar Sector Net Cash Requirement 18.886B,3.956B forecast, -0.227B previous Swiss Mar Trade Balance 4.532B,3.493B...

America’s Roundup: U.S. dollar index hits 10-day low, Wall Street ends mixed, Gold trades in tight range, Oil prices settle higher on optimism about fuel demand in China-April 25th,2023

Apr 25, 2023 00:24 am UTC| Market Roundups

Market Roundup French 12-Month BTF Auction 3.354% ,3.329% previous French 6-Month BTF Auction 3.216%,3.194% previous French 3-Month BTF Auction 3.057%,3.056% previous US Apr Dallas Fed Mfg Business Index...

Europe Roundup: Sterling steady against dollar, European shares dips,BOE policy in focus, Gold prices subdued, Oil prices slip as uncertain global outlook outweighs supply concerns-April 24th,2023

Apr 24, 2023 15:41 pm UTC| Market Roundups

Market Roundup German Apr Business Expectations 92.2. 91.5 forecast,91.2 previous German Apr Current Assessment 95.0, 96.0 forecast, 95.4 previous German Apr Ifo Business Climate Index 93.6,94.0 forecast, 93.3...

America’s Roundup: Dollar steadies as upbeat data backs May rate hike, Wall Street gains, Gold retreats, Oil climbs but posts weekly loss

Apr 21, 2023 23:32 pm UTC| Market Roundups

Market Roundup Canada Feb Core Retail Sales (MoM) -0.7%, -0.1% forecast, 0.9% previous Canada Feb Retail Sales (MoM) -0.2%,-0.6% forecast, 1.4% previous US Apr Manufacturing PMI 50.4, 49.0 forecast, 49.2...

Europe Roundup: Sterling falls as inflation squeezes British consumers, European shares falls, Gold dips, Oil heads for weekly loss on economic uncertainty-April 21st,2023

Apr 21, 2023 12:16 pm UTC| Market Roundups

Market Roundup UK Mar Retail Sales (YoY) -3.1%, -3.1% forecast,-3.5% previous UK Mar Core Retail Sales (MoM) -1.0% , -0.7% forecast,1.5% previous UK Mar Core Retail Sales (YoY) -3.2%,-3.1% forecast,-3.3%...

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Economy

The “Takaichi Trade”: How Japan’s First Female PM Is Shaping the Yen

Having assumed office late in 2025 after Shigeru Ishiba quit, Sanae Takaichi has concentrated power with a landslide Liberal Democratic Party victory and a supermajority in the snap election set for February 2026. Having...

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...

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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