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America’s Roundup: Dollar edges down from six-week peak,Gold inches, Oil rises 1% on China demand hopes and supply concerns-February 21st,2023

Feb 20, 2023 23:08 pm UTC| Market Roundups

Market Roundup Trade volumes muted due to U.S. holiday long weekend French 12-Month BTF Auction 3.132%, 3.017% previous French 6-Month BTF Auction 2.906%, 2.802% previous French 3-Month BTF Auction 2.693%,...

Europe Roundup: Pound little changed as market awaits economic data , European shares flat ,Gold ticks up, Oil rises on China demand hopes and supply concerns-February 20th,2023

Feb 20, 2023 13:18 pm UTC| Market Roundups

Market Roundup Sweden Jan (YoY) 11.7%, 11.8% forecast, 12.3% previous Sweden Jan CPIF (YoY) 9.3%,9.4% forecast, 10.2% previous Sweden Jan CPIF MoM) -1.3%, -1.2% forecast, 1.9% previous Sweden Jan CPI (MoM)...

America’s Roundup: Dollar slips as market eyes upcoming Fed action, Wall Street ends mixed,Gold edges higher, Oil settles down $2/bbl, ends week lower on Fed worries, ample supply-February 18th,2023

Feb 18, 2023 02:08 am UTC| Market Roundups

Market Roundup U.S. crude falls more than 4% during the week U.S. markets closed on Monday for Presidents Day US Indexes: SP 500 -0.28%, Nasdaq -0.58%, Dow +0.39% US Export Price Index (MoM) 0.8%, -0.2%...

Europe Roundup: Sterling slides to six-week low against dollar , European shares fall, Gold set for weekly dip, Oil prices on track to finish week 2.5% lower on U.S. rate hike worries-February 17th,2023

Feb 17, 2023 13:35 pm UTC| Market Roundups

Market Roundup UK Jan Retail Sales (YoY) -5.1%, -5.5% forecast,-5.8% previous UK Jan Core Retail Sales (YoY) -5.3%,-5.3% forecast,-6.1% previous UK Jan Core Retail Sales (MoM) 0.4%,0.0% forecast,-1.1%...

America’s Roundup: Dollar rises as strong U.S. data feeds rate hike fears ,Wall Street ends lower, Oil slightly lower on mixed U.S. economic data, crude stocks growth-February 17th,2023

Feb 16, 2023 23:52 pm UTC| Market Roundups

Market Roundup US Initial Jobless Claims 194K,200K forecast,196K previous US Continuing Jobless Claims 1,696K,1,695K forecast,1,688K previous US Jan PPI (MoM) 0.4% forecast,-0.4% previous US Jobless Claims...

Europe Roundup: Sterling steadies after post-inflation slump,European shares gains,Gold firms, Oil steady on U.S. stock build, Chinese demand-February 16th,2023

Feb 16, 2023 13:30 pm UTC| Market Roundups

Market Roundup Italian Dec Trade Balance 1.067B, 1.400B forecast,1.445B previous Italian Dec Trade Balance EU -2.93B,-0.37B previous Spanish Trade Balance -4.51B, -3.31B previous Irish Jan HICP (MoM) -1.0%,...

America’s Roundup: Dollar climbs after strong U.S. retail sales data, Wall Street ends higher , Gold falls to hit 1-month low, Oil little changed as market discounts big U.S. crude storage build-February 16th,2023

Feb 15, 2023 23:36 pm UTC| Market Roundups

Market Roundup US Jan Retail Control (MoM ) 1.7%,0.8% forecast,-0.7% previous Canada Dec Wholesale Sales (MoM) -0.8%,-1.8% forecast,0.5% previous US Retail Jan Sales Ex Gas/Autos (MoM) 2.6%, -0.7% previous US...

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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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