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Asia Roundup: Dollar index off 4-1/2 month lows as upbeat U.S. economic data offset Trump uncertainties, sterling hits 1-week low as UK triggers Article 50, Asian shares gain - Wednesday, March, Wednesday 29th, 2017

Mar 29, 2017 06:26 am UTC| Market Roundups

Market Roundup UK PM May ready to compromise as Brexit letter heads for Brussels, No 10 anxious to avoid acrimonious divorce after setting Article 50 process in motion Financial Times. Fed Gov Powell Fed still...

Americas Roundup: Dollar steadies after slide to 4-1/2 month lows, Oil jumps on Libyan disruption, OPEC deal extension hopes-March 29th, 2017

Mar 28, 2017 20:58 pm UTC| Market Roundups

Market Roundup US Consumer Confidence 125.6 v 114 forecast, 116.1 previous, highest since Dec 2000. US Advance goods trade balance Feb -65b v -69b previous. US wholesale inventories Feb 0.4% v -0.2% previous,...

Europe Roundup: Sterling steadies as Article 50 trigger looms, dollar index off  4-1/2 month lows ahead of Fed Yellen's speech, European shares regain - Tuesday, March 28th, 2017

Mar 28, 2017 11:55 am UTC| Market Roundups

Market Roundup USD/JPY +0.01%, EUR/USD -0.05%, GBP/USD +0.21% USD/ZAR hits 13.1150 6% above Mons 12.3125 low: Modest recovery into NY DXY -0.02%, DAX +0.55%, Brent +0.75%, Iron -2.6%, Gold...

Asia Roundup: Antipodeans continue to decline, greenback eases as "Trump trade" expectations fade, Asian shares rebound - Tuesday, March 28th, 2017

Mar 28, 2017 06:28 am UTC| Market Roundups

Market Roundup Japan EconMin Ishihara Closely watching market moves - Reuters. PBOC to provide financial support for manufacturing upgrades Reuters. China banking sectors total assets +14.6% y/y at...

Americas Roundup: Dollar cut losses on hope Trump can move past healthcare, Oil lower again on doubts over duration of output cut-March 28th, 2017

Mar 27, 2017 21:27 pm UTC| Market Roundups

Market Roundup US Dallas Fed Texas March manufacturing activity index 16.9 v 24.50 previous. Feds Evans: Inflation well on way to reach objective, doesnt expect core inflation to reach 2% until 2019. BoE to...

Europe Roundup: Sterling, euro hit multi-week highs as greenback falls below 99 on Trump setback, European shares ease as safe-haven assets rally - Monday, March 27th, 2017

Mar 27, 2017 12:22 pm UTC| Market Roundups

Market Roundup USD/JPY -1.0%, EUR/USD +0.65%, GBP/USD +1.0% DXY -0.27%, DAX -0.85%, Brent -0.25%, Iron -5.25%, Gold +1.10% Germany Mar IFO Bus Climate 112.3 vs 111.1 previous, 111.00 expected Germany...

Asia Roundup: Antipodeans off recent lows, dollar hits 4-month trough against yen as Trump suffers political setback, Asian shares tumble amid risk-off sentiment - Monday, March 27th, 2017

Mar 27, 2017 06:34 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data Specs boost net long USD bets for third straight week, highest since late January, MXN shorts lowest since November 3, JPY and EUR shorts down too, 66.9k and 19.6k, AUD longs up, NZD...

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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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