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Americas Roundup: Dollar index falls to lowest in over a week, Gold extends gains after latest Fed meeting minutes, Wall Street ends at record highs, Oil prices settle up on demand forecasts, Kurdistan tensions-October 12th, 2017

Oct 11, 2017 20:23 pm UTC| Market Roundups

Market Roundup US JOLTS Job Openings Aug, 6.082M, 6.125M forecast, 6.170M previous. US TR IPSOS PCSI Oct, 59.83, 60.77 previous. US Redbook MM 2 Oct, w/e, -1.5%, 0.0 previous. US Redbook YY 2 Oct, w/e,...

Europe Roundup: Sterling eases on Brexit negotiations uncertainty, euro hits 2-week high as Catalonia makes no formal independence call, investors await FOMC minutes - Wednesday, October 11th, 2017

Oct 11, 2017 11:40 am UTC| Market Roundups

Market Roundup EUR/USD 0.06%, USD/JPY -0.2%, GBP/USD -0.11%, EUR/GBP 0.19% DXY -0.06%, DAX 0.1%, FTSE -0.04%, Brent 0.28%, Gold 0.2% The UK preparing for no deal, but no spend on contingency arrangements...

Asia Roundup: Aussie rises on upbeat economic data, dollar index hits 2-week lows on U.S. tax overhaul worries, Asian shares rally - Wednesday, October 11th, 2017

Oct 11, 2017 06:21 am UTC| Market Roundups

Market Roundup Japan Aug core machinery orders +3.4% m/m, +4.4% y/y; forecast +1.1%, +0.8% U.S. flies bombers over Korea as Trump discusses options Catalonia baulks at formal independence declaration to...

Americas Roundup: Dollar falls for third day running, Gold rises, Wall Street rises to record highs, helped by Wal-Mart, U.S. Treasuries pare gains on Catalan news, Oil rises 2 percent on signs rebalancing underway-October 11th 2017

Oct 10, 2017 20:11 pm UTC| Market Roundups

Market Roundup US NFIB Business Optimism Survey Sep, 103, 135.30 previous. US Redbook MM w/e, -1.5%, 0.0% previous. US Redbook YY w/e, 3.2%, 4.1%. CA House Starts, Annualized Sep, 217.1k, forecast 210k,...

Europe Roundup: Sterling gains on robust industry data, euro hits 1-week highs on ECB Lautenschlaeger's hawkish comments, European shares ease - Tuesday, October 10th, 2017

Oct 10, 2017 11:09 am UTC| Market Roundups

Market Roundup EUR/USD 0.42%, USD/JPY -0.28%, GBP/USD 0.38%, EUR/GBP 0.08% DXY -0.33%, DAX -0.05%, FTSE 0.21%, Brent 0.93%, Gold 0.51% Germany Aug Trade Balance, EUR, SA 21.6B vs 19.5B, forecast 20.0B,...

Asia Roundup: Aussie rebounds on upbeat economic data, dollar off 10-week highs amid North Korea tensions, Asian shares advance - Tuesday, October 10th, 2017

Oct 10, 2017 06:22 am UTC| Market Roundups

Market Roundup Catalan leader under pressure to drop independence BOJ Gov Kuroda pledges to stick with quantitative easing Japans Abe takes aim at new parties in opening shots of election...

Europe Roundup: Sterling rebounds from 1-month lows as PM May hints at cabinet reshuffle, dollar index near 10-week highs on rising  Fed rate hike bets, European shares rally - Monday, October 9th, 2017

Oct 09, 2017 11:08 am UTC| Market Roundups

Market Recap EUR/USD 0.06%, USD/JPY -0.01%, GBP/USD 0.61%, EUR/GBP -0.55% DXY -0.1%, DAX 0.02%, FTSE -0.17%, Brent -0.49%, Gold 0.6% Germany Aug Industrial Output MM 2.6% vs 1.90%, forecast 0.7%, revised...

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Economy

England Drought Expands to 71% as Heatwave Deepens Water Crisis

Nearly three-quarters of England is now experiencing drought conditions as prolonged heat and exceptionally low rainfall put increasing pressure on water supplies, agriculture and wildlife, the British government said...

Gold Prices Rise as Fed Rate Hike Bets Ease

Gold prices extended their strong rally on Monday as weak U.S. employment data reduced expectations for further Federal Reserve interest rate hikes, while investors turned their attention to upcoming U.S. inflation...

S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions

U.S. stocks ended Monday slightly lower as renewed uncertainty over the Middle East conflict pushed oil prices higher and weighed on technology shares. The SP 500 and Nasdaq Composite declined as investors grew less...

Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty

Wall Street stocks edged lower on Monday while oil prices jumped about 5% as investors weighed Federal Reserve interest rate expectations and uncertainty surrounding negotiations to reopen the Strait of Hormuz. The Dow...

UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing

British consumers increased spending on food, pubs and clothing in July, supported by Englands run to the World Cup semi-finals and unusually hot weather. However, shoppers remained cautious about larger purchases as...

Politics

South Korea, US Set Major Military Drills for August

South Korea and the United States will hold their annual Ulchi Freedom Shield (UFS) military drills from August 17 to 27, with this years exercises placing greater emphasis on countering drones, GPS interference and...

US ‘Digging In’ Across Indo-Pacific, Pentagon Official Says

The United States remains firmly committed to the Indo-Pacific and has no plans to withdraw from Asia, a senior Pentagon official said Monday, while urging regional allies to take greater responsibility for their own...

Myanmar Rejects ASEAN Special Envoy, Challenges Regional Peace Plan

Myanmars military-backed government has rejected the continued role of ASEANs special envoy, deepening tensions with the regional bloc as Thailand pushes for Myanmar to fully re-engage with Southeast Asian nations....

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...
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