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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%...

America’s Roundup: Dollar weakens as soft data backs US recession outlook, Wall Street slides, Gold firms, Oil falls 2% on recession fears, swelling US fuel stocks

Apr 21, 2023 00:42 am UTC| Market Roundups

Market Roundup US Continuing Jobless Claims 1,865K, 1,820K forecast,1,810K previous US Jobless Claims 4-Week Avg 239.75K, 255.15K forecast,240.00K previous US Initial Jobless Claims 245K, 240K forecast, 239K...

Europe Roundup: Euro steady after strong US bank results ,European shares fall , Gold gains ,Oil prices at three-week low as firmer dollar, rate hikes weigh-April 20th,2023

Apr 20, 2023 13:26 pm UTC| Market Roundups

Market Roundup German Mar PPI (MoM) -2.6%, -0.5% forecast, -0.3% previous German Mar PPI (YoY) 7.5%,9.8% forecast,15.8% previous French Apr Business Survey 101,103 forecast, 104 previous EU Feb Trade Balance...

America’s Roundup: Dollar gains on rising US yields, Wall Street ends mixed, Oil falls 2% as dollar gains on potential Fed rate hike-April 20th,2023

Apr 20, 2023 01:17 am UTC| Market Roundups

Market Roundup Canada Mar Housing Starts 213.9K, 237.8K forecast,244.0K previous Canada Mar RMPI (YoY) -16.5%,-11.8% forecast,-5.2% previous Canada Mar RMPI (MoM) -1.7%,0.0% ,forecast,-0.4% previous Canada Mar...

Europe Roundup: Pound dips after British inflation data,European shares fall, Gold stumbles, Oil slides as interest rate expectations eclipse Chinese data

Apr 19, 2023 11:55 am UTC| Market Roundups

Market Roundup UK Mar Core PPI Output (MoM) 0.3%, 0.2%forecast,-0.2% previous UK Mar Core PPI Output (YoY) 8.5%,8.6% forecast,10.4% previous UK Mar PPI Input (YoY) 7.6%,7.0% forecast,12.7% previous UK Mar...

America’s Roundup: Dollar slips after upbeat China data, Wall Street treads water, Gold rebounds above $2,000 ,Oil prices steady as strong China data offsets US rate worries-April 19th,2023

Apr 19, 2023 00:15 am UTC| Market Roundups

Market Roundup Canada Mar Core CPI (MoM) 0.6%,0.4% forecast,0.5% previous US Mar Housing Starts (MoM) -0.8%, 0.4% forecast,9.8% previous Canada Mar Common CPI (YoY) 5.9%,6.2% forecast,6.4% previous Canada Mar...

Europe Roundup: Euro gains against weaker dollar, European shares hold near 14-month top, Gold climbs, Oil slips on economy worries, despite upbeat China data-April 18th,2023

Apr 18, 2023 11:01 am UTC| Market Roundups

Market Roundup UK Feb Employment Change 3M/3M (MoM) 169K,50K forecast,65K previous UK Feb Average Earnings Index +Bonus 5.9%, 5.1% forecast,5.7% previous UK Feb Average Earnings ex Bonus 6.6%,6.2% forecast,6.5%...

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Economy

England Drought Expands to 71% as Heatwave Deepens Water Crisis

Nearly three-quarters of England is now experiencing drought conditions as prolonged heat and exceptionally low rainfall put increasing pressure on water supplies, agriculture and wildlife, the British government said...

Gold Prices Rise as Fed Rate Hike Bets Ease

Gold prices extended their strong rally on Monday as weak U.S. employment data reduced expectations for further Federal Reserve interest rate hikes, while investors turned their attention to upcoming U.S. inflation...

S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions

U.S. stocks ended Monday slightly lower as renewed uncertainty over the Middle East conflict pushed oil prices higher and weighed on technology shares. The SP 500 and Nasdaq Composite declined as investors grew less...

Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty

Wall Street stocks edged lower on Monday while oil prices jumped about 5% as investors weighed Federal Reserve interest rate expectations and uncertainty surrounding negotiations to reopen the Strait of Hormuz. The Dow...

UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing

British consumers increased spending on food, pubs and clothing in July, supported by Englands run to the World Cup semi-finals and unusually hot weather. However, shoppers remained cautious about larger purchases as...

Politics

North Korea Slams Japan’s 2026 Defense White Paper

North Korea has sharply criticized Japans 2026 Defense White Paper, accusing Tokyo of using concerns over Pyongyangs military activities to justify an expanding arms buildup and a more assertive defense posture. In a...

Russian Missile Attack on Kyiv Sparks Fires in City Centre

Russian forces launched a missile attack on Kyiv early Tuesday, triggering explosions and fires in the centre of the Ukrainian capital, according to local officials and witnesses. Kyivs military administration reported...

US Revokes Over 175,000 Visas Under Trump Immigration Crackdown

The U.S. State Department has revoked more than 175,000 visas held by foreign nationals under President Donald Trumps administration, marking a significant expansion of the governments immigration and visa enforcement...

Trump Demands Iran Pay Compensation Over Deaths and Injuries

U.S. President Donald Trump said Monday that he will demand compensation from Iran for people he says were killed or seriously wounded in conflicts involving Tehran, responding to Irans own push for compensation following...

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...

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

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

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...
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