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Europe Roundup: Sterling holds near five-week low after BoE meeting, European stocks stabilise, Gold falls, Oil prices set for sixth weekly gain as producers pledge output cuts-August 4th,2023

Aug 04, 2023 12:11 pm UTC| Market Roundups

Market Roundup German Jun Factory Orders (MoM) 7.0%,-2.0% forecast,6.4% previous French Jun Industrial Production (MoM) -0.9%, -0.3% forecast,1.2% previous French Non-Farm Payrolls (QoQ) (Q2) 0.1%, 0.3%...

America’s Roundup: Dollar hits 4-week peak ,Wall Street closes near flat ,Gold at three-week low, Oil rises 2% as Saudi Arabia and Russia keep supplies tight-August 4th,2023

Aug 04, 2023 00:50 am UTC| Market Roundups

Market Roundup US Unit Labor Costs (QoQ) (Q2) 1.6%,2.6% forecast,4.2% previous US Nonfarm Productivity (QoQ) (Q2) 3.7%,2.0% forecast,-2.1% previous US Jobless Claims 4-Week Avg. 228.25K,235.63K forecast,233.75K...

Europe Roundup: Sterling falls ahead of BOE expected hike ,European stocks slide, Gold at 3-week low, Oil slips as US ratings downgrade offsets supply concerns-August 3rd,2023

Aug 03, 2023 09:52 am UTC| Market Roundups

Market Roundup Bank of England to announce rate decision at 1100 GMT German Jun Imports (MoM) -3.4%,-0.3%forecast,1.7% previous German Jun Trade Balance 18.7B,15.0B forecast,14.4B previous German Jun Exports...

America’s Roundup: Dollar shrugs off Fitch's U.S. downgrade, advances on strong jobs data, Wall Street ends down, Gold retreats, Oil settle lower despite record US crude stock drawdown-August 3rd,2023

Aug 02, 2023 23:27 pm UTC| Market Roundups

Market Roundup U.S. private payrolls beat expectations in July, ADP says US Indexes down: Dow 0.98%, SP 1.38%, Nasdaq 2.17% US Jul ADP Nonfarm Employment Change 324K, 189K forecast,497K previous US Gasoline...

Europe Roundup: Sterling little changed as traders await BoE decision,European shares tumbled to two-week low, Gold firms, Oil prices rise as US inventory data reflect robust demand-August 2nd,2023

Aug 02, 2023 12:24 pm UTC| Market Roundups

Market Roundup Swiss SECO Consumer Climate (Q3)-8, -13 previous Spanish Unemployment Change-11.0K , -38.2K forecast,-50.3K previous German Jul Car Registration (YoY) 32.40%, 48.70% previous Looking Ahead...

America’s Roundup: Dollar gains after relatively strong data, Wall Street ends mixed, Gold slips 1%,Oil dips on stronger dollar, profit-taking signs after rally-August 2nd,2023

Aug 01, 2023 22:25 pm UTC| Market Roundups

Market Roundup US ISM Manufacturing PMI at 46.4 in July vs estimate 46.8 US Indexes: Dow up 0.20 %, SP down 0.27% , Nasdaq down 0.43% US Redbook (YoY) 0.1%,-0.4% previous Canada Jul Manufacturing PMI 49.6,48.9...

Europe Roundup: Sterling eases as traders wait for BoE decision, European shares retreat,Gold falls , Oil slips from three month high, Oil steadies near three-month high on tighter supplies-August 1st,2023

Aug 01, 2023 12:36 pm UTC| Market Roundups

Market Roundup UK Jul Nationwide HPI (YoY) -3.8%,-3.8% forecast,-3.5%previous UK Jul Nationwide HPI (MoM) -0.2%,-0.2% forecast,0.1% previous Sweden Jul Manufacturing PMI 47.6,44.7 forecast,44.8 previous Italian...

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Economy

New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices

A dangerous outbreak of the New World Screwworm has moved closer to the United States, raising serious concerns for the livestock industry and agricultural economy. According to the U.S. Department of Agriculture (USDA),...

Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge

Iran has rejected suggestions that a final agreement has been reached with the United States, emphasizing that negotiations surrounding its nuclear program remain ongoing. The statement came after comments from U.S....

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision

Oil prices moved lower on Friday as investors closely monitored developments surrounding a potential U.S.-Iran peace agreement. Market sentiment weakened after U.S. President Donald Trump stated that he would meet with...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Poland Considers Revoking Zelensky’s Top Honor Over Controversial UPA Army Unit Recognition

Poland is considering revoking one of its highest state honors awarded to Ukrainian President Volodymyr Zelensky after a controversial decision by Ukraine to rename a military unit after the Ukrainian Insurgent Army (UPA),...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

UN Blacklists Israel and Russia Over Conflict-Related Sexual Violence Claims

The United Nations has added Israel and Russia to its official blacklist of parties suspected of committing conflict-related sexual violence, a decision that has sparked strong international reactions and intensified...

Science

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...

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...
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