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Europe Roundup: Euro eases despite upbeat CPI figures, dollar index rebounds from 10-month low, European shares volatile - Monday, July 17th, 2017

Jul 17, 2017 11:35 am UTC| Market Roundups

Market Roundup EUR/USD -0.08%, USD/JPY -0.04%, GBP/USD -0.17%, EUR/GBP +0.16% DXY +0.05%, DAX -0.37%, FTSE +0.36%, Brent +0.29%, Gold +0.13% EZ Jun Inflation final y/y, 1.3% vs forecast 1.3%, previous...

Asia Roundup: Antipodeans ease despite stronger-than-expected Chinese data, dollar rebounds following a rise in U.S. Treasury yields, Asian shares hit 2-year peak - Monday, July 17th, 2017

Jul 17, 2017 06:24 am UTC| Market Roundups

Market Roundup China Q2 GDP growth at 6.9% y/y, unchanged from Q1 Factory output grew 7.6% in Jun from a year earlier Jun retail sales rose 11.0% vs forecast of 10.6% China Q2 property investment +8.2%...

Americas Roundup: Dollar falls after U.S. CPI, retail data disappoint, Gold hits near 2-week high, U.S. Treasury yields fall, Oil up 1 pct, 5 pct on the week-July 15th,2017

Jul 14, 2017 20:05 pm UTC| Market Roundups

Market Roundup US Core CPI MM, SA Jun 0.1%, 0.2% forecast, 0.1% previous. US Core CPI YY, NSA Jun 1.7%, 1.7% forecast, 1.7 previous. US CPI Index, NSA Jun 244.96, 245.10 forecast, 244.73 previous. US Core...

Europe Roundup: Sterling hits 1-week high on BoE rate hike expectations, dollar eases ahead of U.S. inflation data, European shares rally - Friday, July 14th, 2017

Jul 14, 2017 11:47 am UTC| Market Roundups

Market Roundup EUR/USD +0.18%, USD/JPY -0.03%, GBP/USD +0.21%, EUR/GBP -0.06% DXY -0.05%, DAX -0.04%, FTSE -0.28%, Brent +0.62%, Gold +0.19% EZ May Eurostat Trade NSA (Eur), 21.4 bln, previous 17.9...

Asia Roundup: Aussie touches 4-month peak as risk appetite improves, dollar eases on Fed's gradual rate hike stance, Asian shares rally - Friday, July 14th, 2017

Jul 14, 2017 06:25 am UTC| Market Roundups

Market Roundup Eyeing extra budget to aid farm industry - Japan FinMin Aso BOJ may concede delay in hitting price goal, but hold off on easing Fitch affirms Chinas A+ rating with stable outlook U.S....

Americas Roundup: Dollar edges higher on upbeat economic data, sterling bounces on short covering, gold retreats, oil gains on Chinese demand, global growth-July 14th,2017

Jul 13, 2017 21:00 pm UTC| Market Roundups

Market Roundup US Initial Jobless Claims w/e 247k, 245k forecast, 250k previous. US Jobless Claims 4-Wk Avg w/e 245.75k, 243.50k previous. US Continued Jobless Claims w/e 1.945m, 1.950m forecast, 1.965m...

Europe Roundup: Sterling hits 1-week peak on BoE's hawkish comments, greenback steadies ahead of Fed Yellen's testimony, crude oil slumps on IEA's compliance warning - Thursday, July 13th, 2017

Jul 13, 2017 11:43 am UTC| Market Roundups

Market Roundup EUR/USD -0.11%, USD/JPY -0.17%, GBP/USD +0.26%, EUR/GBP -0.37% DXY -0.01%, DAX +0.21%, FTSE +0.12%, Brent -0.52%, Gold +0.24% Germany Jun CPI final y/y, 1.6% vs forecast 1.6%, 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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