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Americas Roundup: Dollar retreats, euro rallies on worries over upcoming Fed statement, Oil hits highest since mid-2015 as OPEC, non-OPEC producers agree broad output cut from 2017-December 13th, 2016

Dec 12, 2016 21:58 pm UTC| Market Roundups

Market Roundup Fed, Republican critics may compromise on oversight after Trump win. Oil jumps to highest since mid-2015, Fed hike on the horizon. Italian PM unveils new government, but centre-right ally...

Europe Roundup: Euro recovers from 1-week low, dollar hits fresh 10-month high against yen ahead of Fed policy meeting, European shares trade lower - Monday, December 12th, 2016

Dec 12, 2016 12:12 pm UTC| Market Roundups

Market Roundup USD/JPY+0.39%, EUR/USD +0.5%, GBP/USD +0.17% DXY -0.35%, DAX -0.3%, Brent +4.15%, Iron +3.4%, Gold -0.25% UK. Opponents to Britain leaving EU will launch a fresh legal action this week-Sunday...

Asia Roundup: Antipodeans gain as crude oil surges on output cut deal, euro extend losses after dovish ECB stance, Fed meet looms- Monday, December 12th, 2016

Dec 12, 2016 06:25 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data Specs up USD bets to early January level, JPY net shorts largest since December 15, but EUR net shorts lowest since mid-October. Non-OPEC producers agree to cut oil output -...

Americas roundup: Euro drops for second day after dovish ECB meeting, Oil edges up about 1 pct on optimism over non-OPEC output cuts, Federal Reserve meeting next week in focus-December 10th,2016

Dec 09, 2016 21:49 pm UTC| Market Roundups

Market Roundup University of Michigan Dec Sentiment (prelim) 98 v forecast 94.5, 93.8 previous. University of Michigan Dec Conditions (prelim) 112.1 v forecast 108.5, 107.3 previous. University of Michigan 1-yr...

Europe Roundup: Sterling rises following better-than-expected economic data, dollar rallies on Fed rate hike expectations, European shares hit 11-month high - Friday, December 9th, 2016

Dec 09, 2016 12:15 pm UTC| Market Roundups

Market Roundup USD/JPY +0.55%, EUR/USD -0.10%, GBP/USD +0.2% DXY +0.11%, DAX -0.06%, Brent +0.6%, Iron -2.6% BoE Inflation expectations rise to 2.8% for 2016 vs 2.2% in Aug S. Korea Parliament votes to...

Asia Roundup: Antipodeans off multi-week highs, dollar gains on higher U.S. Treasury yields, euro nurses losses following ECB policy decision- Friday, December 9th, 2016

Dec 09, 2016 06:20 am UTC| Market Roundups

Market Roundup Japan FinMin Aso To compile third extra budget for current FY Reuters. Japan MoF/ESRI survey Q4 big Mfg sentiment index +7.5, Q3 +2.9, +4.6 forecast in Q1 17, 16/17 CAPEX +2.5% y/y, previous...

Americas Roundup: Euro drops on dovish ECB meeting, US stock indexes rise again to new highs, Oil above $50 on hopes for non-OPEC output cuts-December 9th, 2016

Dec 08, 2016 21:49 pm UTC| Market Roundups

Market Roundup ECB holds key rates steady, deposit rate -0.4% refinancing rate 0%; extends QE to Dec 17 drops purchase amount to 60B from end March 17 to Dec 17, expects rates to remain low for extended period. ...

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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

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...

U.S.–Russia Talks in Florida Raise Hopes but Reveal Deep Divides Over Ukraine War

U.S. negotiators met Russian officials in Florida over the weekend as the Trump administration intensified diplomatic efforts to help end Russias war in Ukraine, a conflict that began with Moscows full-scale invasion in...

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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