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Europe Roundup: Euro falls to four-month low on weak German data, European shares retreat, Gold steadies, Oil rises on potential OPEC+ output cuts-February 7th,2020

Feb 07, 2020 12:48 pm UTC| Market Roundups

Market Roundup German Dec Current Account Balance n.s.a 29.4B, 24.1B previous German Dec Exports (MoM) 0.1%,0.5% forecast, -2.2%previous German Dec Industrial Production (MoM) -3.5%,-0.2% forecast,...

Asia Roundup: Aussie eases as RBA slashes growth forecasts, dollar off highs against yen as coronavirus toll climbs, Asian shares plunge - Friday, February 7th, 2020

Feb 07, 2020 07:07 am UTC| Market Roundups

Market Roundup OPEC+ mulls supply cut as virus hits demand Gold set for worst week since early Nov Economic Data Ahead (0400 ET/0900 GMT) Italy retail sales s.a. MoM (0400 ET/0900 GMT) Italy...

America’s Roundup: Dollar holds gains vs yen,Wall Street hits new highs,Gold gains, Oil prices flat-February 7th,2020

Feb 07, 2020 00:40 am UTC| Market Roundups

Market Roundup US Continuing Jobless Claims 1,751K, 1,720K forecast, 1,703K previous US Initial Jobless Claims 202K, 215K forecast 217K previous US Nonfarm Productivity (QoQ) (Q4) 1.4%,1.6% forecast, -0.2%...

Europe Roundup: Sterling slumps on EU trade talk concerns, euro consolidates near 1-week low following ECB Lagarde comments, European shares surge - Thursday, February 6th, 2020

Feb 06, 2020 13:17 pm UTC| Market Roundups

Market Roundup Gold gains as markets assess economic impact of virus Eurozone growth weak but showing signs of stabilization: Lagarde Economic Data Ahead (0830 ET/1330 GMT) U.S. Initial Jobless Claims...

Asia Roundup: Aussie gains on upbeat economic data, dollar rallies against yen as China cuts U.S. import tariffs, Asian shares advance - Thursday, February 6th, 2020

Feb 06, 2020 07:03 am UTC| Market Roundups

Market Roundup Oil rises amid optimism over China coronavirus China cuts U.S. import tariffs Gold eases on robust U.S. private payrolls Economic Data Ahead (0200ET/0700 GMT) German factory...

America’s Roundup: Dollar gains on strong U.S. private payrolls, Wall Street rises, Gold gains ,Oil prices jump 2% as virus vaccine reports spur hope-February 6th,2020

Feb 05, 2020 23:10 pm UTC| Market Roundups

Market Roundup US Exports 209.60B, 208.10B previous US Imports 258.50B, 251.80B previous US Jan Markit Composite PMI 52.2, 50.9 previous US Dec Trade Balance -48.90B, -48.20B forecast,-43.70B...

Europe Roundup: Sterling gains on upbeat UK services PMI data,European shares surge,Gold near two-week low, Oil jumps 3% on reports of effective coronavirus drug-February 5th,2020

Feb 05, 2020 13:40 pm UTC| Market Roundups

Market Roundup Italian Jan Composite PMI 50.4, 49.3 previous Italian Jan Services PMI 51.4, 50.2 forecast, 51.1 previous French Jan Markit Composite PMI 51.1, 51.5 forecast, 52.0 previous French Jan...

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Economy

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...

Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar

Asian currencies traded in a narrow range on Friday while the U.S. dollar remained largely unchanged, as investors assessed reports suggesting the United States and Iran are close to extending their ceasefire agreement....

Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment

Asian stock markets posted strong gains on Friday, supported by a global technology rally and growing optimism surrounding a potential extension of the ceasefire between the United States and Iran. Investor confidence...

Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path

Tokyo consumer inflation slowed in May, reinforcing expectations that the Bank of Japan (BOJ) will continue taking a measured approach to monetary policy tightening as inflationary pressures remain moderate. According to...

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...

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...

Netanyahu Gaza Expansion Plan Sparks Hamas Condemnation and International Concern

Israeli Prime Minister Benjamin Netanyahus announcement that Israel plans to expand its area of control in Gaza has drawn strong criticism from Hamas, European governments, and residents of the Palestinian territory. The...

Russia Prepares New Large-Scale Attack on Ukraine, Zelenskiy Warns

Ukrainian President Volodymyr Zelenskiy has warned that Russia is preparing a major new attack on Ukraine, citing intelligence reports that indicate plans for a large-scale military strike. The announcement comes as...

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...

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...

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...

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...