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America’s Roundup: U.S. dollar slides as vaccine news offsets surge in virus cases, Wall Street gains, Gold poised for fifth weekly gain, Oil rises as International Energy Agency boosts demand forecast-July 11th,2020

Jul 10, 2020 21:11 pm UTC| Market Roundups

Market Roundup Canada June Participation Rate 63.8%, 61.4% previous Canada June Employment Change 952.9K, 700.0K forecast, 289.6K previous Canada June Unemployment Rate 12.3%, 12.0% forecast, 13.7% previous ...

Europe Roundup: Euro dips against dollar as coronavirus anxiety deepens, European stocks gain, Gold set for fifth weekly gain, Oil dips, heading for weekly loss as virus cases rise-July 10th,2020

Jul 10, 2020 12:14 pm UTC| Market Roundups

Market Roundup Italian May Industrial Production (YoY) -20.3%,-32.5% forecast,-42.5% previous Italian May Industrial Production (MoM) 42.1%, 22.8% forecast, -19.1% previous Greek June CPI (YoY) -1.6%,-1.1%...

Asia Roundup: Yen rallies as coronavirus worries deepen, gold set for 5th straight weekly gain, Asian shares slump - Friday, July 10th, 2020

Jul 10, 2020 07:29 am UTC| Market Roundups

Market Roundup Oil heads for weekly decline Gold poised for 5th straight weekly rise Economic Data Ahead No major economic data releases Key Events Ahead No Significant Events...

America’s Roundup: Dollar climbs from four-week low as U.S. stocks decline, Wall Street dips, Gold slips after nine-year high, Oil slips on fears rising COVID-19 cases to clip demand-July 10th,2020

Jul 09, 2020 21:43 pm UTC| Market Roundups

Market Roundup US Weekly jobless claims rise less than expected Euro falls from 1-month high vs dollar Canada June Housing Starts 211.7K, 198.0K forecast, 193.5K previous US Jobless Claims 4-Week Avg...

Europe Roundup: Sterling rises on delayed response to Sunak's economic plan,European shares gain, Gold rises towards nine-year peak , Oil slips as coronavirus fears offset gasoline recovery signs-July 9th,2020

Jul 09, 2020 12:54 pm UTC| Market Roundups

Market Roundup German May Exports (MoM) 9.0%,13.8% forecast, -24.0% previous German May Trade Balance 7.6B, 5.2B forecast, 3.2B previous German May Imports (MoM) 3.5%,12.0% forecast, -16.5% previous German...

Asia Roundup: Aussie extends gains on risk-on trades, yen rallies as COVID-19 cases grow, Asian shares surge - Thursday, July 9th, 2020

Jul 09, 2020 07:07 am UTC| Market Roundups

Market Roundup Oil steadies amid coronavirus fears Gold holds above $1,800 level Economic Data Ahead No major economic data releases Key Events Ahead No Significant Events...

Americas Roundup: U.S. dollar slides to two-week low,Wall Street inches up, Gold smashes through $1,800 level,Oil falls as rise in virus cases, U.S. inventories stall recovery-July 9th,2020

Jul 08, 2020 19:46 pm UTC| Market Roundups

Market Roundup Brazil May Retail Sales (YoY) 13.9%, -12.1% forecast,-16.8% previous Brazil May Retail Sales (MoM) -7.2%, 6.0%,-16.8% previous Russia June CPI (MoM) 0.2%,0.3% forecast, 0.3% previous Russia...

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Economy

Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns

The Federal Reserve has launched a formal inquiry into major U.S. banks and their financial ties to the private credit sector, raising fresh concerns about systemic risk across the $1.8 trillion industry. The move comes as...

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

The ongoing Middle East war is sending shockwaves through the global economy, and even a fragile ceasefire brokered by U.S. President Donald Trump may not be enough to prevent lasting damage, World Bank President Ajay...

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

Politics

Iran's Lost Mines Threaten Strait of Hormuz Reopening and Global Oil Markets

A major obstacle has surfaced in efforts to reopen the Strait of Hormuz after Iran admitted it can no longer locate or recover all of the naval mines it deployed in the critical waterway, according to a New York Times...

MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions

American lawmakers are advancing one of the most aggressive semiconductor export control bills ever proposed. The Multilateral Alignment of Technology Controls on Hardware Act, widely known as the MATCH Act, has drawn...

FAA and Pentagon Approve Laser Counter-Drone System Along U.S.-Mexico Border

The Federal Aviation Administration and the Pentagon have reached a landmark agreement authorizing the deployment of a high-energy laser counter-drone system along the southern U.S. border. This milestone follows extensive...

Eric Swalwell Faces Sexual Assault Allegations Amid California Governor's Race

California Democratic Congressman Eric Swalwell is facing serious sexual assault allegations from a former district office staffer, throwing his prominent gubernatorial campaign into turmoil. The accusations, first...

Iran's Missile Arsenal Poses Ongoing Risk Despite U.S. Claims of Destruction

Recent U.S. intelligence assessments reveal that Iran still maintains thousands of operational ballistic missiles, directly contradicting the White Houses assertion that the regimes military capabilities have been...

Science

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...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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