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Americas Roundup: Dollar recovers after Friday's fall to 7-month low, Wall Street dips, Oil falls 1 pct on fears Mideast rift could harm OPEC cuts-June 6th, 2017

Jun 05, 2017 20:35 pm UTC| Market Roundups

Market Roundup US Labor costs revised rev 2.2% v 2.4% forecast, 3.0% -previous. US Productivity revised rev 0% v 0% forecast, -0.6% - previous. US Markit comp final PMI 53.6, 53.9 - previous. US Durable...

Europe Roundup: Sterling recovers from London attack, euro eases despite upbeat service PMI, gold hits six-week peak following Friday's U.S. jobs report - Monday, June 5th, 2017

Jun 05, 2017 11:51 am UTC| Market Roundups

Market Roundup EUR/USD -0.14%, USD/JPY flat, GBP/USD +0.13%, EUR/GBP -0.21% DXY +0.06%, DAX flat, FTSE -0.29%, Brent +0.21%, Gold +0.09% Saudi Arabia, Egypt, UAE sever ties with Qatar over...

Asia Roundup: Aussie gains on upbeat economic data, dollar rebounds from 7-month low after disappointing jobs report, Asian shares ease amid risk-off sentiment - Monday, June 5th, 2017

Jun 05, 2017 06:27 am UTC| Market Roundups

Market Roundup Enough is enough PM May says after London attackers kill seven Japan May svcs PMI 53, best since Aug 15, Apr 52.2, comp 53.4 vs 52.6 China May Caixin svcs PMI, 52.8, last 51.5 Chinas new...

Americas Roundup: Dollar tumbles to 7-month low against euro after weaker-than-expected U.S. jobs data, Wall Street ends higher, Oil down 1 percent on rising U.S. drilling fears, supply glut-June 3rd,2017

Jun 02, 2017 20:37 pm UTC| Market Roundups

Market Roundup US Non-Farm Payrolls May +138k vs 185k forecast, +174k previous. US Unemployment Rate May 4.3% vs 4.4% forecast, 4.4% previous. US Average Earnings MM May +0.2% vs 0.2% forecast, 0.3%...

Europe Roundup: Sterling declines despite better-than-expected UK construction CPI, dollar gains ahead of U.S. non-farm payrolls, crude oil falls over 2pct on persisting global glut - Friday, June 2nd, 2017

Jun 02, 2017 11:50 am UTC| Market Roundups

Market Roundup EUR/USD +0.05%, USD/JPY +0.12%, GBP/USD -0.09%, AUD/USD -0.12% DXY +0.02%, DAX +1.39%, FTSE +0.27%, Gold -0.4% Strong U.S. job growth expected in May; wage rise seen moderate Oil slides...

Asia Roundup: Aussie gains on upbeat new home sales figures, dollar touches 1-week peak against yen as U.S. economic data boosts Fed rate hike expectations, Asian shares rally - Friday, June 2nd, 2017

Jun 02, 2017 06:25 am UTC| Market Roundups

Market Roundup BOJ balance sheet tops Y500 tln, on cusp of overtaking Fed Japan May monetary base +19.4% y/y to Y456 tln, end-Apr Y462 tln Strong U.S. job growth expected in May; wage rise seen...

Americas Roundup: Dollar rebounds after strong U.S. private sector jobs report, Wall Street rises, Gold eases, Oil steadies-June 2nd, 2017

Jun 01, 2017 20:23 pm UTC| Market Roundups

Market Roundup US Initial Jobless Claims w/e 248k vs 239k forecast, 235k previous. US Jobless Claims 4-wk Avg 238k, 235.5k previous. US Continued Jobless Claims w/e 1.915m vs 1920m forecast, 1.924m...

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Economy

New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices

A dangerous outbreak of the New World Screwworm has moved closer to the United States, raising serious concerns for the livestock industry and agricultural economy. According to the U.S. Department of Agriculture (USDA),...

Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge

Iran has rejected suggestions that a final agreement has been reached with the United States, emphasizing that negotiations surrounding its nuclear program remain ongoing. The statement came after comments from U.S....

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision

Oil prices moved lower on Friday as investors closely monitored developments surrounding a potential U.S.-Iran peace agreement. Market sentiment weakened after U.S. President Donald Trump stated that he would meet with...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Poland Considers Revoking Zelensky’s Top Honor Over Controversial UPA Army Unit Recognition

Poland is considering revoking one of its highest state honors awarded to Ukrainian President Volodymyr Zelensky after a controversial decision by Ukraine to rename a military unit after the Ukrainian Insurgent Army (UPA),...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

UN Blacklists Israel and Russia Over Conflict-Related Sexual Violence Claims

The United Nations has added Israel and Russia to its official blacklist of parties suspected of committing conflict-related sexual violence, a decision that has sparked strong international reactions and intensified...

Science

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...

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...
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