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Europe Roundup: Sterling dips as dollar gains ahead of Powell speech, European shares inch up ,Gold eases, Oil steady as market juggles supply and demand fears-March 7th,2023

Mar 07, 2023 12:45 pm UTC| Market Roundups

Market Roundup Swiss Feb Unemployment Rate n.s.a 2.1%,2.2% forecast,2.2% previous Swiss Feb Unemployment Rate s.a 1.9%,1.9% forecast, 1.9% previous UK Feb Halifax House Price Index (MoM) 1.1%, -0.3% forecast,0.2%...

America’s Roundup: Dollar dips, Powell testimony and jobs data in focus, Wall Street ends mixed, Gold dips, Oil edges higher on supply tightness, China demand hopes-March 7th,2023

Mar 06, 2023 23:40 pm UTC| Market Roundups

Market Roundup French 3-Month BTF Auction 2.825%, 2.690% previous French 6-Month BTF Auction 3.022%, 2.928% previous French 12-Month BTF Auction 3.358%, 3.240% previous US Jan Factory Orders (MoM) -1.6%,-1.8%...

Europe Roundup: Sterling falters as traders focus on global risk sentiment, European shares rise, Gold pauses, Oil down on China outlook, spotlight on possible rate hikes-March 6th,2023

Mar 06, 2023 13:56 pm UTC| Market Roundups

Market Roundup Swiss Feb CPI (MoM) 0.7%,0.4% forecast,0.6% previous Swiss Feb CPI (YoY) 3.4%,3.1% forecast,3.3% previous Italian Feb IHS SP Global Construction PMI (MoM) 48.9,48.2 previous EU Feb M2 Money...

America’s Roundup: Dollar retreats, Wall Street ends higher, Gold gains, Oil settles up on China demand hopes, posts weekly gain-March 4th,2023

Mar 04, 2023 00:24 am UTC| Market Roundups

Market Roundup Canada Labor Productivity (QoQ) (Q4) -0.5%,0.6% previous Canada Jan Building Permits (MoM) -4.0%, 1.5% forecast,-7.3% previous US Feb Services PMI 50.6, 50.5 forecast,46.8 previous US Feb SP...

Europe Roundup:Sterling gains against dollar after UK business activity data,European shares mixed, Gold gains ,Oil prices dip but are still poised for weekly gain-March 3rd,2023

Mar 03, 2023 13:43 pm UTC| Market Roundups

Market Roundup German Jan Imports (MoM) -3.4%,2.0%forecast,-6.1% previous German Jan Trade Balance 16.7B,11.0B forecast,10.0B previous German Jan Exports (MoM) )2.1%,1.5% forecast,-6.3% previous Italian Feb...

America’s Roundup: Dollar firms after U.S. labor data points to Fed tightening, Wall Street ends higher, Gold eases, Oil rises on easing US rate hike fears, China demand hopes-March 3rd,2023

Mar 02, 2023 23:35 pm UTC| Market Roundups

Market Roundup U.S. labor market still strong; Q4 labor costs revised higher Feds Bostic: raising rates slow and steady appropriate action Price rises ease in euro zone in February Investors see ECB key rate at...

Europe Roundup: Euro falls against the dollar after euro zone inflation data, European shares fall ,Gold retreats, Oil gains on China growth, but European inflation weighs-March 2nd,2023

Mar 02, 2023 13:24 pm UTC| Market Roundups

Market Roundup EU CPI (MoM) 0.8%,-0.2% previous French 10-Year OAT Auction 3.20%,2.68% previous EU Core CPI (MoM) 0.8%,-0.8% previous EU Core CPI (YoY)5.6% ,5.3% forecast, 5.3% previous EU HICP ex Energy and...

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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

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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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