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Wed, Nov 13, 2024 08:06 AM All times are UTC

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Europe Round Up: UK Construction PMI dips, U.S Trade Balance and ISM data in Focus – May 5th, 2015

May 05, 2015 11:13 am UTC| Market Roundups

Market Round Up Dollar recovers, index up 0.3% - 95.946 fm 95.421. EUR/USD plays 1.1151 to 1.1067. GBP hits 10 day low at 1.5088 after UK construction disappoints. Bund 10yr yields top out at 0.4670, lows...

Asia Round Up: RBA Cuts Cash Rate to record low at 2% – May 5, 2015

May 05, 2015 05:33 am UTC| Market Roundups

Market Roundup Philippine c/bank: latest inflation data confirms current policy appropriate Philippines: April inflation at 2.2% yr/yr (Reuters poll: 2.4%) Philippines: April core inflation at 2.5% yr/yr (Reuters...

Americas Roundup: Markets cautious ahead of UK elections Thursday and US nonfarm payrolls Friday - 5 May, 2015

May 04, 2015 20:08 pm UTC| Market Roundups

Market Roundup US Factory Orders MM Mar 2.1%, (consensus 2%, previuos -0.10%) US Nondef Cap Ex-Air R MM Mar 0.1%, (previuos -0.50%) BR HSBC Manufacturing PMI Apr 46, 46.2-prev; BCB poll sees +25 bp at next COPOM MX...

Europe Round Up: Dollar steadies after recent sell-off, euro down 0.5 percent –May 4, 2015

May 04, 2015 10:55 am UTC| Market Roundups

Market Roundup NZ John Key: Low inflation helping to keep rates lower for longer NZ John Key: Getting to budget surplus may take longer than planned EUR/USD softer to 1.1125 from 1.1224 highs GBP/USD new pullback...

Asia Roundup: Quiet Asian session, Bank Holiday in Japan and UK - May 4, 2015

May 04, 2015 05:32 am UTC| Market Roundups

Market Roundup China April HSBC/Markit Final Mfg PMI 48.9 (Vs Flash 49.2, March 49.6), Biggest Contraction in a Year Australia March Building Approvals +2.8% M/M Australia March Private Sector House Approvals +1.1%...

Americas Roundup: US $ brushes off data disappointments, ending the week a little stronger - 4 May, 2015

May 01, 2015 19:58 pm UTC| Market Roundups

Market Roundup US data sideways, UST yields rise anyway, USD higher in thin May Day trading US Markit Mfg PMI Final Apr 54.1, (previous 54.2) US Construction Spending MM Mar -0.6%, (consensus 0.5%, previous 0.00%) US...

U.S. Open: US ISM Manufacturing data in focus today – May 1, 2015

May 01, 2015 11:02 am UTC| Market Roundups

Market Roundup European May Day holidays leaves FX thin but steady. Dollar index off 94.399 2-mth low. April was worse month for index in 4 years. Irish Central Bank Gov: Ireland well on road to repair degree of...

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Economy

Instacart Lowers Q4 Forecasts as Holiday Spending Softens, Intensifying Online Delivery Competition

Instacart has reduced its fourth-quarter outlook, forecasting lower gross transaction value and core profit amid cooling consumer demand and stiffening competition in the online delivery market. The company now anticipates...

COP29 Summit: Azerbaijan Hosts Critical Talks on Climate Finance and Trade Disputes

Azerbaijan Hosts COP29 Summit Amid Climate Urgency The U.N. climate summit, COP29, opens in Baku, Azerbaijan, with countries aiming to reach a crucial deal for $1 trillion in annual climate finance for developing...

Public-Sector Pay Rises Outpace Private Sector for the First Time Since 2020

Public-Sector Pay Rises Outpace Private Sector In a shift from previous trends, British public-sector employers are now planning to increase pay faster than private-sector employers. According to the Chartered Institute...

China's CPI and PPI Fall in October Despite Major Stimulus Efforts

Chinas Inflation Remains Weak in October Amidst New Stimulus Measures October CPI and PPI Overview In October, Chinas Consumer Price Index (CPI) inflation rose 0.3% year-on-year, marking a slowdown from Septembers 0.4%...

China’s Sluggish Inflation and Deepening Deflation Spur New Stimulus Measures

Chinas October Inflation Slowdown and New Stimulus: What to Expect Overview In October, Chinas consumer prices rose at the slowest pace in four months, while producer price deflation worsened, underscoring ongoing...

Politics

Donald Trump Appoints Elon Musk to Lead D.O.G.E—Is Dogecoin Price Headed to $2.40?

President Donald Trump has appointed Elon Musk and Ramaswamy to spearhead the new Department of Government Efficiency (D.O.G.E), aiming to streamline federal agencies by 2026. Following the announcement, Dogecoin rallied...

Anthony Pompliano Claims Donald Trump Owns Bitcoin, Hinting at BTC's Future as a US Reserve

Anthony Pompliano, a prominent Bitcoin advocate, has revealed Donald Trumps Bitcoin ownership, suggesting it could shape U.S. economic policies. Trumps pro-Bitcoin stance may propel BTC to a strategic position within the...

Italy’s Crypto Tax Cut to 28% Gains Momentum as Detroit Embraces Digital Tax Payments

With Italy moving toward a 28% crypto tax cap, the government seeks to maintain competitiveness while balancing revenue. Meanwhile, Detroit announced plans to accept cryptocurrency for tax payments by 2025, marking a step...

El Salvador’s $100 Million Bitcoin Surge Ignites National Reserves Amid Soaring Market Rally

El Salvadors Bitcoin holdings saw a stunning $100 million boost in one week as the cryptocurrencys price climbed to $89,700. The soaring market cap, approaching $2 trillion, underscores Bitcoins growing influence on...

Trump’s Border Czar Declares: ‘If You’re Here Illegally, Don’t Get Comfortable!’—Homan’s Bold Warning Ignites Controversy

Tom Homan, recently appointed by President-elect Donald Trump as the nations Border Czar, has made headlines with his blunt and uncompromising stance on immigration. In a statement that underscores the incoming...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Technology

Shiba Inu Jumps 81% to Break Into Top 10 Cryptos, But Market Pullback Hits Fast

After a remarkable 81% climb in under two weeks, Shiba Inu (SHIB) broke into the top 10 cryptocurrencies by market cap, reaching a peak valuation of $17.4 billion. However, a quick market pullback caused SHIB to lose...

XRP Price Goes 'Nutty': Top Trader Highlights 17% Surge Amid Market Rally

XRP has skyrocketed more than 17% to reach $0.70, stealing the spotlight in the crypto market. A prominent trader highlighted the nutty price movement as XRP outpaces major cryptocurrencies amid growing optimism around ETF...

Shiba Inu's Shibarium Skyrockets to 500M Transactions—Is a SHIB Price Surge Next?

The Shibarium layer-2 solution, powered by Shiba Inu, crossed an incredible 500 million transactions, signaling robust network adoption. This milestone, however, has yet to impact SHIBs price significantly, with hopes...

Tesla Tests Cybercab Robotaxi at Gigafactory Texas Amid Push for Unsupervised Self-Driving

Teslas Cybercab robotaxi has been spotted on private roads at Gigafactory Texas, marking a significant step in the companys autonomous vehicle testing. This test comes as Tesla pushes toward its goal of launching an...

BofA: AMD Continues to Outpace Intel with Market Share Gains in 2024

Bank of Americas latest analysis reveals AMD has significantly outpaced Intel, gaining 15% in market share in Q3 2024. While Intel struggles with declining PC shipments, AMD thrives with a stronger presence in the Western...