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Europe Roundup: Sterling off 2-month peak despite better-than-expected UK manufacturing PMI, dollar eases as U.S. tax plan progress stalls, European shares decline - Friday, December 1st, 2017

Dec 01, 2017 11:55 am UTC| Market Roundups

Market Roundup EUR/USD -0.13%, USD/JPY -0.17%, GBP/USD -0.27%, EUR/GBP 0.15% DXY 0.03%, DAX -1.45%, FTSE -0.5%, Brent 0.86%, Gold 0.24% EZ Markit Mfg Final PMI Nov, 60.1, 60.0 fcast, 60.0 prev Germany...

Europe Roundup: Sterling off 2-month peak despite better-than-expected UK manufacturing PMI, dollar eases as U.S. tax plan progress stalls, European shares decline - Friday, December 1st, 2017

Dec 01, 2017 11:55 am UTC| Market Roundups

Market Roundup EUR/USD -0.13%, USD/JPY -0.17%, GBP/USD -0.27%, EUR/GBP 0.15% DXY 0.03%, DAX -1.45%, FTSE -0.5%, Brent 0.86%, Gold 0.24% EZ Markit Mfg Final PMI Nov, 60.1, 60.0 fcast, 60.0 prev Germany...

Asia Roundup: Antipodeans ease on downbeat China Caixin Manufacturing PMI, dollar index declines with U.S. tax bill in focus, Asian shares gain - Friday, December 1st, 2017

Dec 01, 2017 06:39 am UTC| Market Roundups

Market Roundup U.S. Senate tax bill stalls on deficit-focused trigger Trump considers plan to replace Tillerson with CIA chief - U.S. officials U.S. Senate Ethics Committee opens probe of Senator...

Europe Roundup: Sterling hits multi-week highs versus dollar and euro on EU deal optimism, euro at 1-week low as CPI misses expectations, European shares advance - Thursday, November 30th, 2017

Nov 30, 2017 12:09 pm UTC| Market Roundups

Market Roundup EUR/USD -0.14%, USD/JPY 0.4%, GBP/USD 0.35%, EUR/GBP -0.49% DXY 0.25%, DAX 0.78%, FTSE 0.25%, Brent 1.46%, Gold -0.17% GBP/USD recovery from Nov 28 1.3221 low reaches 1.3480 EZ...

Asia Roundup: Aussie rebounds on stronger-than-expected economic data, dollar gains against yen as U.S. economy grows faster in Q3, Asian shares trade in red - Thursday, November 30th, 2017

Nov 30, 2017 06:30 am UTC| Market Roundups

Market Roundup China Nov NBS Manufacturing PMI 51.8, 51.6 last, forecast 51.4 Britain nears deal with EU in Irish border Brexit talks -The Times BoEs Carney sees changes to UK financial rules after...

Americas Roundup: Dollar edges higher on strong U.S. data, tax bill progress, Wall Street ends lower, Gold extends losses, Oil drops for third day, awaiting OPEC decision-November 30th 2017

Nov 29, 2017 21:14 pm UTC| Market Roundups

Market Roundup US Q3 GDP 2nd Estimate, 3.3%, 3.2% forecast, 3.0% previous. US Q3 GDP Sales Prelim, 2.5%, 2.4% forecast, 2.3% previous. US Q3 GDP Cons Spending Prelim, 2.3%, 2.4% previous. US Q3 GDP Deflator...

Europe Roundup: Sterling hits 2-month high on Brexit breakthrough hopes, dollar eases on U.S. government shutdown worries, European shares gain - Wednesday, November 29th, 2017

Nov 29, 2017 11:53 am UTC| Market Roundups

Market Roundup EUR/USD -0.03%, USD/JPY 0.09%, GBP/USD 0.49%, EUR/GBP -0.52% DXY 0.01%, DAX 0.97%, FTSE -0.56%, Brent -0.86%, Gold 0.06% EZ Business Climate Nov, 1.49, 1.53 forecast, 1.44 previous EZ...

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Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Chinas sweeping reforms to its electricity market are rapidly transforming the economics of energy storage, driving a surge in both domestic deployment and global exports of battery technology. As international demand for...

Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

Global investors and borrowers are increasingly turning to the Chinese yuan as lending and financing activity accelerates, driven by attractive pricing and Chinas long-term push to internationalize its currency....

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Politics

NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

Australias New South Wales state parliament was recalled on Monday for an urgent two-day session to debate proposed new laws that would significantly tighten firearm ownership, ban the public display of terror symbols, and...

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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