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Europe Roundup: Sterling gains on upbeat economic data, euro weighed down by Italian political and bank concerns, investors cautious ahead of OPEC meet- Tuesday, November 29th, 2016

Nov 29, 2016 12:11 pm UTC| Market Roundups

Market Roundup USD/JPY +0.5%, EUR/USD -0.10%, GBP/USD +0.45% DXY +0.16%, DAX -0.04%, Brent -1.9%, Iron -6.3%, Gold -0.5% Germany Oct Import Prices -0.6% y/y vs revised -0.6% previous, -0.8%...

Asia Roundup: Aussie snaps 3-day winning streak, Yen strengthens on better-than-expected economic data, crude oil volatile ahead of OPEC meet - Tuesday, November 29th, 2016

Nov 29, 2016 06:24 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data Specs boost USD longs again, JPY net longs fall to lowest since early January, 10.9k contracts, EUR shorts 119.3k, GBP net shorts 74.3k and lowest since late September, AUD longs...

Americas Roundup: Dollar retreats against euro after Trump rally, US Stocks dip, Oil rallies in choppy trade-November 29th, 2016

Nov 28, 2016 22:53 pm UTC| Market Roundups

Market Roundup Dallas Fed Texas November Manufacturing activity Index 10.2 v -1.50 previous. USD pauses after Trump rally, retreats from 14-year highs, Francois Fillons election seen boosting euro. Sterling...

Europe Roundup: Sterling off 1-week high, dollar recovers despite risk-off sentiment, crude oil declines on production cut deal concerns - Monday, November 28th, 2016

Nov 28, 2016 12:03 pm UTC| Market Roundups

Market Roundup USD/JPY -0.85%, EUR/USD +0.45%, GBP/USD -0.45% DXY -0.1%, DAX -0.75%, Brent -0.15%, Iron +4.5%, Gold +0.6% EZ Nov Business Climate vs 0.55 previous, 0.57 expected EZ Nov Economic...

Asia Roundup: Antipodeans gain as crude oil prices rebound, dollar eases after U.S. Treasury yields extend decline, Asian shares gain on improving risk-on sentiment - Monday, November 28th, 2016

Nov 28, 2016 06:14 am UTC| Market Roundups

Market Roundup PBOC fixes CNY at 6.9042 vs USD, reports China state-owned banks selling USD onshore, offshore (CNH=D3) off from 6.9445 to 6.9200, Thursday 6.9650 high. China NRDC promoting healthy development of...

Americas Roundup: Dollar slightly firms against euro as U.S. rate hike expectations loom, oil falls $2% a barrel on OPEC cut uncertainty ahead of meeting-November 26th, 2016

Nov 25, 2016 23:00 pm UTC| Market Roundups

Market Roundup U.S. advance trade gap jumps to USD 62 billion from USD 56.5 billion. Markit US Nov services flash PMI 54.7; near forecast, October final which were both 54.8. China to tighten control on...

Europe Roundup: Sterling set for weekly gains, dollar eases on profit taking across the board, European shares trade higher - Friday, November 25th, 2016

Nov 25, 2016 12:41 pm UTC| Market Roundups

Market Roundup USD/JPY -0.55%, EUR/USD +0.45%, GBP/USD +0.1% DXY -0.22%, DAX -0.01%, Brent -1.04%, Iron +4.5%, Gold +0.50% UK Second release Q3 GDP +2.3% y/y vs 2.3% previous, 2.3% expected UK Q3...

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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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