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Europe Roundup: Sterling hits 3-week lows, dollar near 8-week trough against yen on escalating U.S.-North Korea tensions, markets eye U.S. CPI figures and FOMC speeches - Friday, August 11th, 2017

Aug 11, 2017 11:23 am UTC| Market Roundups

Market Roundup EUR/USD -0.12%, USD/JPY -0.13%, GBP/USD -0.11%, EUR/GBP -0.02% DXY +0.08%, DAX -0.34%, FTSE -1.06%, Brent -0.58%, Gold +0.12% EUR 2.5 billion vanilla option expiries 1.1750-65...

Asia Roundup: Aussie eases on RBA Lowe’s comments, dollar index steadies ahead of U.S. CPI data, Asian shares slump amid risk-off sentiment - Friday, August 11th, 2017

Aug 11, 2017 07:25 am UTC| Market Roundups

Market Roundup Australias central bank governor signals steady rates for a while yet China should be neutral if N. Korea fires first on U.S. - Global Times Central bank lending rules in question as NZ house...

Americas Roundup: Dollar hits eight-week low vs yen, gold hits two-month high, Wall Street dips, Oil slides on worries about global crude glut-August 11th 2017

Aug 10, 2017 20:06 pm UTC| Market Roundups

Market Roundup US PPI Final Demand YY Jul 1.9%, 2.2% forecast, 2.0% previous. US PPI Final Demand MM Jul -0.1%, 0.1% forecast, 0.1 previous. US Initial Jobless Claims w/e 244k, 240k forecast, 241k previous. ...

Europe Roundup: Sterling steadies on mixed UK economic data, dollar near multi-week lows against yen on rising geopolitical tensions, European shares slump - Thursday, August 10th, 2017

Aug 10, 2017 11:46 am UTC| Market Roundups

Market Roundup EUR/USD -0.43%, USD/JPY -0.17%, GBP/USD -0.12%, EUR/GBP -0.29% DXY +0.25%, DAX -0.68%, FTSE -1.05%, Brent +0.99%, Gold +0.17% Great Britain Jun Construction output vol y/y, 0.9% vs forecast...

Asia Roundup: Kiwi hits 3-week lows after RBNZ stands pat, dollar below 110 against yen on lingering N. Korea tensions, Asian shares tumble - Thursday, August 8th, 2017

Aug 10, 2017 06:21 am UTC| Market Roundups

Market Roundup N. Korea details Guam missile plan, calls Trumps warning a load of nonsense RBNZ less dovish on rates than expected, favours lower NZ$ UK house price growth weakest in over 4 years - RICS, +1...

Americas Roundup: Euro up vs greenback, Gold jumps to highest in nearly two months, Yields on U.S. Treasuries fall, oil ticks up-August 10th 2017

Aug 09, 2017 20:23 pm UTC| Market Roundups

Market Roundup US Productivity Prelim Q2 0.9%, 0.7% forecast, 0.1% previous. US Wholesale Int(y), R MM Jun 0.7%, 0.6% forecast, 0.6% previous. US Wholesale Sales MM Jun 0.7%, 0.1% forecast, -0.1% previous. ...

Europe Roundup: Sterling consolidates near 1.300, Swiss franc rallies amid escalating geopolitical tensions, European shares trade in red - Wednesday, August 9th, 2017

Aug 09, 2017 12:21 pm UTC| Market Roundups

Market Roundup EUR/USD -0.05%, USD/JPY -0.46%, GBP/USD +0.18%, EUR/GBP -0.24% DXY -0.1%, DAX -1.21%, FTSE -0.79%, Brent +0.58%, Gold +0.56% EUR/CHF loses 1.6%: Low of 1.1272 in thin Europe trade N....

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

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U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

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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