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Europe Roundup: Sterling near 3-week lows on downbeat manufacturing PMI, dollar index surges on rising U.S. Treasury yields, European shares advance – Monday, October 2nd, 2017

Oct 02, 2017 11:23 am UTC| Market Roundups

Market Roundup EUR/USD -0.65%, USD/JPY 0.29%, GBP/USD -0.7%, EUR/GBP 0.03% DXY 0.57%, DAX 0.32%, FTSE 0.5%, Brent -1.32%, Gold -0.43% EZ Markit Mfg Final PMI Sept 58.1 vs 58.2, 58.2 forecast EZ...

Asia Roundup: Antipodeans ease, dollar gains against euro as investors remain cautious on Catalan vote aftermath, Asian shares advance amid holiday-thinned trading - Monday, October 2nd, 2017

Oct 02, 2017 05:17 am UTC| Market Roundups

Market Roundup Japan Sept mfg PMI final 52.9, flash 52.6, Aug final 52.2, sectoral growth up BoJ seen trimming inflation outlook in October meeting - Nikkei BoJ September Tankan Big mfg DI +22, big...

Market Roundup: Dollar flat in choppy trading after mixed U.S. data, Wall Street closes with fresh records, Gold dips, Oil gains on optimism over demand outlook, supply cuts-September 30th,2017

Sep 29, 2017 20:23 pm UTC| Market Roundups

Market Roundup US Core PCE Price Index MM Aug, 0.1%, 0.2% forecast, 0.1% previous. US Personal Consumption Expenditure Aug, -0.1%, 0.2% previous. US Personal Income MM Aug, 0.2%, 0.2% forecast, 0.4%...

Europe Roundup: Sterling declines on downbeat GDP, dollar gains on Trump's tax reform optimism, investors eye BoE Carney's speech - Friday, September 29th, 2017

Sep 29, 2017 11:18 am UTC| Market Roundups

Market Roundup EUR/USD 0.12%, USD/JPY 0.12%, GBP/USD -0.62%, EUR/GBP 0.75% DXY -0.07%, DAX 0.28%, FTSE 0.64%, Brent 0.14%, Gold 0.05% Great Britain GDP YY Q2 1.5% vs 1.7%, 1.7% forecast Great Britain...

Asia Roundup: Kiwi eases despite upbeat economic data, dollar gains on U.S. tax reform hopes and Fed rate hike bets, Asian shares advance - Friday, September 29th, 2017

Sep 29, 2017 05:42 am UTC| Market Roundups

Market Roundup Japan Inflation still low, acceleration risk low, Kataoka confirmed dove Japan Aug output +2.1% m/m, +1.9% eyed, -1.9/+3.5% eyed Sep/Oct, Sep previous -3.1% Japan Aug core CPI +0.5% m/m,...

Americas Roundup-Dollar rally pauses on profit-taking, quarter-end positioning, Wall Street edges up on healthcare, tax plan hopes, Oil prices slip, pulling back from recent gains-September 29th 2017

Sep 28, 2017 20:05 pm UTC| Market Roundups

Market Roundup US GDP Final Q2, 3.1%, 3.0% forecast, 3.0% previous. US Core PCE Prices Final Q2, 0.9%, 0.9% forecast, 0.9% previous. US GDP Deflator Final Q2, 1.0%, 1.0% forecast, 1.0% previous. US PCE...

Europe Roundup: Sterling eases on BoE Carney's comments, euro gains on better-than-expected economic data, European shares rally - Thursday, September 28th, 2017

Sep 28, 2017 11:14 am UTC| Market Roundups

Market Roundup EUR/USD 0.21%, USD/JPY -0.02%, GBP/USD -0.12%, EUR/GBP 0.27% DXY -0.01%, DAX 0.29%, FTSE 0.03%, Brent 0.86%, Gold 0.13% EZ Economic Sentiment Sept 113.0 vs 111.9, 112.0 forecast EZ...

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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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