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Europe Roundup: Sterling tumbles below 1.2700, euro rises on ECB's QE taper talk, investor eye US ADP jobs report - Wednesday, October 5th, 2016

Oct 05, 2016 12:05 pm UTC| Market Roundups

Market Roundup GBP/USD hits 1.2686 and EUR/GBP hits 0.8843 USD/JPY +0.18%, EUR/USD +0.17%, GBP/USD -0.08% DXY -0.06%, DAX -0.8%, Brent +1.73%, Gold +0.5% Germany Sept Markit Service PMI 50.9 vs 50.6...

Asia Roundup: Kiwi slumps to 7-week low on downbeat GDT figures, euro advances on report of ECB policy change, crude oil extend gains - Wednesday, October 5th, 2016

Oct 05, 2016 06:34 am UTC| Market Roundups

Market Roundup Chicago Fed Evans Fine with December rate hike if data stays firm, could be November, less concerned with timing of next rate hike than with pace- criteria for subsequent hikes, favors shallow path,...

Americas Roundup: Euro pares losses on report ECB may taper bond purchases, Sterling hits 31-year low, Oil ends down-October 5th,2016

Oct 04, 2016 22:13 pm UTC| Market Roundups

Market Roundup ECB Said to Build Taper Consensus as QE Decision Time Nears-BBG. Fed hawk Lacker: strong case to hike, preemptive rises likely needed. Euro zone bond yields, euro jump on report of ECB plan for...

Europe Roundup: Sterling hits 31-year low on growing Brexit concerns, dollar gains on revived rate hike expectations, European shares rise as Deutsche Bank shares rebound - Tuesday, October 4th, 2016

Oct 04, 2016 12:05 pm UTC| Market Roundups

Market Roundup USD/JPY +0.75%, EUR/USD -0.5%, GBP/USD -0.65% EUR/GBP 0.8765 38-month high: GBP/USD 31-yr low of 1.2737 DXY +0.5%, DAX +0.6%, Brent -0.65%, Gold +0.6% EZ Aug Producer Prices -2.1% y/y vs...

Asia Roundup: Aussie gains as RBA stands pat, dollar near 2-week high against yen on upbeat U.S manufacturing data, crude oil off-highs - Tuesday, October 4th, 2016

Oct 04, 2016 06:21 am UTC| Market Roundups

Market Roundup RBA leaves OCR as is at 1.5%, global economy growing at below-average pace, steady OCR consistent with growth-inflation targets, China growth moderating, rising AUD could complicate economic...

Americas Roundup: Dollar firms on U.S. data, oil climbs on Iran comments, US stocks tick down-October 4th, 2016

Oct 03, 2016 21:44 pm UTC| Market Roundups

Market Roundup US ISM September Manufacturing PMI 51.5 vs forecast 50.3, 49.4 previous. US ISM new orders rebound, employment beats but still contracting. Colombia peso pummeled after voters reject peace...

Europe Roundup: Sterling hits 3-year low against euro as Theresa May to trigger Article 50 by end of March, crude oil rises above 1 pct, U.S. manufacturing PMI in focus - Monday, October 3rd, 2016

Oct 03, 2016 12:06 pm UTC| Market Roundups

Market Roundup USD/JPY -0.04%, EUR/USD -0.08%, GBP/USD -0.0109% DXY -0.04%, Brent +1.12%, Gold +0.14%, FTSE +1.12% Switzerland Sep Retail Sales -3.0% vs -2.2% previous Switzerland Sept Mfg PMI 53.2 vs...

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Economy

New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices

A dangerous outbreak of the New World Screwworm has moved closer to the United States, raising serious concerns for the livestock industry and agricultural economy. According to the U.S. Department of Agriculture (USDA),...

Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge

Iran has rejected suggestions that a final agreement has been reached with the United States, emphasizing that negotiations surrounding its nuclear program remain ongoing. The statement came after comments from U.S....

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision

Oil prices moved lower on Friday as investors closely monitored developments surrounding a potential U.S.-Iran peace agreement. Market sentiment weakened after U.S. President Donald Trump stated that he would meet with...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Poland Considers Revoking Zelensky’s Top Honor Over Controversial UPA Army Unit Recognition

Poland is considering revoking one of its highest state honors awarded to Ukrainian President Volodymyr Zelensky after a controversial decision by Ukraine to rename a military unit after the Ukrainian Insurgent Army (UPA),...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

UN Blacklists Israel and Russia Over Conflict-Related Sexual Violence Claims

The United Nations has added Israel and Russia to its official blacklist of parties suspected of committing conflict-related sexual violence, a decision that has sparked strong international reactions and intensified...

Science

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...