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Europe Roundup: Sterling hits multi-month peak despite worse-than-expected UK construction PMI, euro rises on upbeat PPI figures, European shares trade in red - Wednesday, August 2nd, 2017

Aug 02, 2017 11:29 am UTC| Market Roundups

Market Roundup EUR/USD +0.27%, USD/JPY +0.35%, GBP/USD +0.22%, EUR/GBP +0.13% DXY -0.07%, DAX -0.18%, FTSE -0.31%, Brent -0.04%, Gold -0.17% EZ Jun Producer prices y/y, 2.5% vs forecast 2.4%, previous 3.3%...

Asia Roundup: Kiwi eases following downbeat employment report, dollar index rebounds from 15-month trough, Asian shares rally – Wednesday, August 2, 2017

Aug 02, 2017 06:32 am UTC| Market Roundups

Market Roundup BoJ Funo- Must maintain powerful monetary easing to hit price target Easy money allowing govt to maintain growth policy, allow structural reforms Big Japanese banks bulging at seams with...

Americas Roundup:Dollar index edges up from 15-month low, Wall St. closes higher, Oil retreats from two-month high, Friday’s U.S. payrolls report in focus-August 2nd,2017

Aug 01, 2017 21:38 pm UTC| Market Roundups

Market Roundup US ISM Manufacturing PMI Jul 56.3, 56.5 forecast, 57.8 previous. US Texas Serv Sect Outlook Jul 10.5, 10.1 previous. US Dallas Fed Services Reve Jul 15.7, 14.8 previous. US Personal Consump...

Europe roundup: Sterling steadies above 1.3200 on better-than-expected manufacturing PMI, dollar rebounds from 14-month lows, gold eases on profit taking - Tuesday, August 1st, 2017

Aug 01, 2017 11:37 am UTC| Market Roundups

Market Roundup EUR/USD -0.23%, USD/JPY +0.09%, GBP/USD +0.08%, EUR/GBP -0.35% DXY +0.07%, DAX +0.53%, FTSE +0.85%, Brent -0.06%, Gold -0.12% EZ Q2 GDP flash prelim y/y, 2.1% vs forecast 2.1%, previous 1.9% EZ...

Asia Roundup: Aussie rises as RBA stands pat, dollar index near 15-month low amid U.S. political turmoil, Asian shares gain - Tuesday, August 1st, 2017

Aug 01, 2017 06:22 am UTC| Market Roundups

Market Roundup Japan foreign direct investment jumped to record $169.6 bln in 16 -Nikkei Japan April-June GDP on track for 2.6% annual pace -Nikkei Japan July mfg PMI final 52.1, 8-month low, flash 52.2,...

Americas Roundup: Dollar dips to stay near 13-month lows, Wall Street flat, Gold hits highest in 7 weeks high, Oil hits highest since May on tighter U.S. market, Venezuela sanctions risk-Aug 1st, 2017

Jul 31, 2017 20:52 pm UTC| Market Roundups

Market Roundup US Pending Homes Index Jun 110.2, 108.6 previous. US Pending Sales Change MM Jun 1.5%, 0.7 forecast, 0.7% previous. US Chicago PMI Jul 58.9, 60 forecast, 65.7 previous. US Dallas Fed Mfg...

Europe Roundup: Sterling eases on mixed economic data, euro declines despite upbeat CPI figures, European shares gain - Monday, July 31st, 2017

Jul 31, 2017 11:17 am UTC| Market Roundups

Market Roundup EUR/USD -0.15%, USD/JPY -0.09%, GBP/USD -0.13%, EUR/GBP 0.02% DXY +0.21%, DAX +0.09%, FTSE +0.37%, Brent +0.08%, Gold -0.14% EZ Jul Inflation flash y/y, 1.3% vs forecast 1.3%, previous...

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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

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

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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