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Europe Roundup: Sterling regains 1.2300 on Theresa May's comments, dollar index hits fresh 7-month highs, markets eye FOMC meeting minutes - Wednesday, October 12th, 2016

Oct 12, 2016 12:25 pm UTC| Market Roundups

Market Roundup GBP/USD plays to top of 1.2107-1.2326 into NY USD/JPY +0.06%, EUR/USD -0.25%, GBP/USD +1.10% DXY +0.2%, DAX -0.05%, Brent +0.75%, Iron -2.75% Germany Sept W/sale prices -0.3% y/y vs...

Asia Roundup: Antipodeans rebound as dollar eases across the board, sterling recovers on Brexit negotiation news, Asian shares at 3-week lows - Wednesday, October 12th, 2016

Oct 12, 2016 06:24 am UTC| Market Roundups

Market Roundup UK PM May backs down on parliament vote over her Brexit terms, asked for room to negotiate Bloomberg. BoJ Gov Kuroda Will ease policy again if needed, including more negative rates if merits...

Americas Roundup: Dollar rises against euro on rate hike bets, Sterling slides, oil down on OPEC doubts as it floats 6-month output cap plan-October 12th, 2016

Oct 11, 2016 22:01 pm UTC| Market Roundups

Market Roundup BoEs Saunders says would not be surprised if sterling fell further. Euro area economic resilience depends on easy ECB policy, Mersch says. Feds Kashkari says sees no urgency in raising rates. ...

Europe Roundup: Sterling tumbles below 1.2300, dollar index hits 11-week high on December Fed rate hike speculation, crude oil off 1-year peak- Tuesday, October 11th, 2016

Oct 11, 2016 12:21 pm UTC| Market Roundups

Market Roundup USD/JPY +0.3%, GBP/USD -0.5%, EUR/USD -0.25% DXY +0.31%, DAX flat, Brent -0.5%, Iron +4.3%, Gold -0.05% Norway SWF says Stg crash was a correct move reflects expectations SA- Formal...

Asia Roundup: Antipodeans slump, while dollar gains on growing Fed rate hike expectations, oil prices near 1-year highs - Tuesday, October 11th, 2016

Oct 11, 2016 06:36 am UTC| Market Roundups

Market Roundup Chicago Fed Evans (in Sydney) Benefits to overshooting inflation target, uncertainty over measures of full employment enormous, December rate hike would not surprise, recent jobs report pretty good...

Americas Roundup: Dollar gains vs euro after Clinton seen as winner of second debate, oil surges as Russia signals it will join output cap, US stocks rise-October 11th, 2016

Oct 10, 2016 21:36 pm UTC| Market Roundups

Market Roundup US Employment trends 128.5 v 128 previous. Bank of Italys Visco: Negative rates while challenging are becoming normal. USD rises broadly; cable falls on weak UK outlook; MXN strengthens after...

Europe Roundup: Sterling index hits Jan 2009 lows on persisting Brexit worries, dollar gains across board following Trump-Clinton debate, crude oil rises on Novak's comments - Monday, October 10th, 2016

Oct 10, 2016 12:25 pm UTC| Market Roundups

Market Roundup GBP/USD -0.15%, EUR/USD -0.3%, USD/JPY +0.35% David Tory Brexit Minister may address MPs later Monday DXY +0.2%, DAX +0.5%, Brent -0.12%, Iron +1.23% Switzerland Sep Unemployment u/adj...

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Economy

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Politics

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday

Members of the U.S. Congress are expected to gain access to the unredacted version of the Department of Justices files related to convicted sex offender Jeffrey Epstein beginning Monday morning, according to a report from...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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