Menu

Search

Europe Roundup: Sterling retreats against dollar , European stocks gain,Gold flat, Oil falls 1% on China, US data, but OPEC+ cuts limit fall-July 10th,2023

Jul 10, 2023 13:18 pm UTC| Market Roundups

Market Roundup Finnish May Industry Output (YoY) 1.7%, -2.4% previous EU Jul Sentix Investor Confidence -22.5 , -17.9 forecast,-17.0 previous Greek May Industrial Production (YoY) 1.4%,4.2% previous Looking...

America’s Roundup:Dollar falls on mixed U.S. jobs data ,Wall Street ends lower, Gold rises,Oil prices up 3% to 9-week high on supply concerns-July 8th,2023

Jul 07, 2023 23:47 pm UTC| Market Roundups

Market Roundup US job growth slows; wage gains remain strong US Jun Manufacturing Payrolls 7K, 0K forecast, -2K previous US Jun Average Weekly Hours 34.4,34.3 forecast, 34.3 previous US Jun Private Nonfarm...

Europe Roundup: Sterling gains near two-week high as investors focus on rates, European shares mixed, Gold edges up, Oil prices set for second straight weekly gain after U.S. data-July 7th,2023

Jul 07, 2023 12:21 pm UTC| Market Roundups

Market Roundup French Jun Reserve Assets Total 212,396.0M, 219,732.0M previous French May Imports 60.8B,60.5B previous French May Exports 52.3B,50.0B previous French May Trade Balance -8.4B,-9.0B...

America’s Roundup: Dollar eases after strong labor market reports, Gold dips, Wall Street logs sharp losses, Oil near flat as tighter supplies offset U.S. rate hike risk-July 7th,2023

Jul 06, 2023 23:08 pm UTC| Market Roundups

Market Roundup US Jun ADP Nonfarm Employment Change 497K, 228Kforecast, 278K previous US Continuing Jobless Claims 1,720K,1,745K forecast, 1,742K previous US Jobless Claims 4-Week Avg....

Europe Roundup: Sterling rises against weaker dollar, European shares drop, Gold stalls, Oil steadies as market digests supply and demand outlook-July 6th ,2023

Jul 06, 2023 12:26 pm UTC| Market Roundups

Market Roundup French Jun IHS SP Global Construction PMI (MoM) 43.7 ,42.6 previous UK June Construction PMI 48.9 ,51.0 forecast, 51.6 previous EU May Retail Sales (YoY) -2.9% ,-2.7% forecast,-2.6% previous EU...

America’s Roundup: Dollar gains after Fed minutes reinforce rate hike expectations, Gold slips, US crude oil gains on supply cuts-July 6th,2023

Jul 05, 2023 22:39 pm UTC| Market Roundups

Market Roundup US May Factory Orders (MoM) 0.3% ,0.8% forecast,0.4% previous US May Factory orders ex transportation (MoM) -0.5%,0.5% forecast,-0.2% previous US May Durables Excluding Transport (MoM) 0.7%,-0.3%...

Europe Roundup: Sterling edges lower as traders question BoE rate policies, European shares fall ,Gold range bound, Brent dips as economic headwinds outweigh supply cuts-July 5th,2023

Jul 05, 2023 12:20 pm UTC| Market Roundups

Market Roundup French May Industrial Production (MoM) 1.2%,-0.2% forecast, 0.8% previous Spanish Jun Services PMI 53.4, 55.5 forecast, 56.7 previous Italian Jun Composite PMI 49.7, 52.0 previous Italian Jun...

  281 282 283 284 285 286 287 288 289 290   

Economy

European Stocks Flat as Oil Prices Rise, US CPI in Focus

European stocks were little changed on Monday, holding close to record highs as rising crude oil prices and continued uncertainty over Middle East shipping routes offset optimism following last weeks strong market rally....

S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom

U.S. stock futures edged higher Monday as investors weighed escalating tensions surrounding Iran and the Strait of Hormuz while preparing for crucial U.S. inflation data later this week. SP 500 futures gained about 0.1%,...

Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises

Goldman Sachs expects corporate demand for U.S. equities to remain stronger than new share supply this year, despite a significant recovery in follow-on equity issuance driven partly by artificial intelligence investment....

South Korean Won Leads Asian FX Losses as Dollar Rises

The South Korean won led declines across Asian currencies on Monday as the U.S. dollar strengthened, while the Japanese yen retreated after giving up some of its intervention-driven gains. The U.S. Dollar Index rose 0.18%...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to support the market, despite Iran and Oman moving closer to an agreement on new shipping routes through the strategic...

Politics

South Korea, US Set Major Military Drills for August

South Korea and the United States will hold their annual Ulchi Freedom Shield (UFS) military drills from August 17 to 27, with this years exercises placing greater emphasis on countering drones, GPS interference and...

US ‘Digging In’ Across Indo-Pacific, Pentagon Official Says

The United States remains firmly committed to the Indo-Pacific and has no plans to withdraw from Asia, a senior Pentagon official said Monday, while urging regional allies to take greater responsibility for their own...

Myanmar Rejects ASEAN Special Envoy, Challenges Regional Peace Plan

Myanmars military-backed government has rejected the continued role of ASEANs special envoy, deepening tensions with the regional bloc as Thailand pushes for Myanmar to fully re-engage with Southeast Asian nations....

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

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...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

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...

Technology

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.