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Europe Roundup: Sterling rises above 1.2600, Eurozone's political uncertainty weighs on euro, financial stocks boost European shares - Friday, November 11th, 2016

Nov 11, 2016 12:17 pm UTC| Market Roundups

Market Roundup USD/JPY peaks again just ahead of 107.00 USD/JPY -0.6%, EUR/USD -0.17%, GBP/USD +0.8% DXY -0.07%, DAX -0.25%, Brent -1.0%, Iron +6.0% Germany Final Oct HICP 0.7% y/y vs 0.7% previous,...

Asia Roundup: Antipodeans off lows, dollar hovers near 3-1/2-month high against yen on Trump's stimulus expectations, Asian shares tumble as U.S. bond yields soar - Friday, November 11th, 2016

Nov 11, 2016 06:23 am UTC| Market Roundups

Market Roundup Reuters Poll-BOJ seen keeping -0.1 pct interest rate, 10-year JGB yield target at around zero until Q4 2017 Reuters Poll-15 of 25 economists see BOJ on hold until mid-2017 before easing...

Americas Roundup:Dollar rises as Trump victory raises inflation expectations, gold turns lower, taps 3-week low-November 11th 2016

Nov 10, 2016 23:06 pm UTC| Market Roundups

Market Roundup Feds Bullard: December a reasonable time to implement a rate increase. Investors exuberant as Trump signals shift from austerity era. Trump team contacted JPMorgans Dimon for Treasury role. ...

Europe Roundup: Dollar hits 3-1/2 month high against yen, markets still price in Fed rate hike in December, European shares soar - Thursday, November 10th, 2016

Nov 10, 2016 12:16 pm UTC| Market Roundups

Market Roundup USD/JPY +0.8%, EUR/USD -0.05%, GBP/USD -0.12% DXY +0.23%, DAX +1.1%, Brent +0.9%, Iron +9.0% Nikkei +6.7%, VIX -7.15%, FTSE +1.0% U.S 10-yr yield 2.0625% following 1.7160-2.0920 Wed...

Asia Roundup: Kiwi declines after RBNZ eases monetary policy, dollar rises near 4-month high against yen, Asian shares rebound as markets adjust to Trump victory - Thursday, November 10th, 2016

Nov 10, 2016 06:12 am UTC| Market Roundups

Market Roundup Feds Williams says post election sees no change in how he approaches monetary policy Feds Williams says fiscal policy is just one factor on list of what affects U.S. Economy Mexico finance...

Americas Roundup: Dollar surprises with swift recovery after Trump victory, safe-haven gold give back ground, oil rises-November 10th, 2016

Nov 09, 2016 23:09 pm UTC| Market Roundups

Market Roundup Trump heads to White House after stunning win, Clinton concedes; Republicans retain control of U.S. House, Senate. U.S. stocks jump after Trump shock, MXN drops to new all-time high 20.77 ends NY...

Europe Roundup: Sterling steady above 1.2400, dollar tumbles as Donald Trump wins 45th U.S Presidency, safe-haven assets rise - Wednesday, November 9th, 2016

Nov 09, 2016 12:24 pm UTC| Market Roundups

Market Roundup Donald Trump to become 45th U.S President U.S Republicans retain control of the Senate USD stages impressive recovery through early Europe USD initially crushed: USD/JPY to 101.19,...

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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...