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Americas Roundup: Dollar weakens as investors focus on Fed policy, oil down 1 pct on glut worry, API cites surprise U.S. crude build-August 10th, 2016

Aug 09, 2016 22:01 pm UTC| Market Roundups

Market Roundup US productivity falls for 3rd consecutive quarter -0.5 v -0.6% previous. US labor costs increase at 2.0 percent pace, Q1 unit labor costs revised sharply down to -0.2 from +4.5%. US June...

Europe Roundup: Sterling hits 1-month low on BoE's McCafferty remarks, euro range bound, gold prices hover near 1-week low - Tuesday, August 9th, 2016

Aug 09, 2016 12:21 pm UTC| Market Roundups

Market Roundup USD/JPY -0.12%, EUR/USD flat, GBP/USD -0.5% DXY +0.04%, DAX +0.5%, Brent -0.2%, Iron +1.0% Switzerland Jul Unemployment 3.3% Adj vs 3.3% previous Germany Jun Trade Bal. EUR21.7 bln vs...

Asia Roundup: Aussie declines on business confidence survey, sterling slides following more BoE easing talks, crude oil prices off 2-week high - Tuesday, August 9th, 2016

Aug 09, 2016 06:28 am UTC| Market Roundups

Market Roundup Japan July money supply M2 +3.3% y/y, M3 +2.9%, broadest liquidity +1.7%, steady rises continuing, June +3.5%, +2.9% and +2.0%. China July CPI +0.2% m/m, +1.8% y/y, +0.1% and +1.8% forecast, food...

Americas Roundup: Dollar gains against euro as strong jobs data boosts Fed hike bets, oil up nearly 3 pct on OPEC output speculation as glut grows-August 9th, 2016

Aug 08, 2016 21:25 pm UTC| Market Roundups

Market Roundup US July Employment trends 128.3 vs 127.9 previous. Canada building permits value plunges 5.5 pct in June vs +1.5% forecast; Drop in multi-family unit plans. USD climbs on rate-hike bets JPY hit...

Europe Roundup: Sterling hovers near 3-week lows, euro fails to sustain above 1.1100 handle, European shares gain on risk-on market sentiment - Monday, August 8th, 2016

Aug 08, 2016 12:26 pm UTC| Market Roundups

Market Roundup USD/JPY +0.6%, EUR/USD -0.04%, GBP/USD -0.17% DXY +0.08%, DAX +0.85%, Brent +1.29%, Iron +3.4% Switzerland Jul CPI -0.2% y/y vs -0.4% previous, -0.3% expected EZ Aug Sentix Index 4.2 vs...

Asia Roundup: Dollar extends post NFP gains against the yen, Aussie firm despite downbeat Chinese trade figures, Asian shares advance - Monday, August 8th, 2016

Aug 08, 2016 06:31 am UTC| Market Roundups

Market Roundup Reuters poll US primary dealers see one 16 rate hike after strong data. CFTC IMM CTA data - Specs cut USD longs GBP shorts at record high 82.5k contracts, JPY longs up, EUR shorts off, AUD...

Americas Roundup: Dollar rallies after better than expected U.S. jobs report, oil down modestly; late short-covering limits dollar impact-August 6th, 2016

Aug 05, 2016 20:36 pm UTC| Market Roundups

Market Roundup US July NFP rises by 255k vs forecast 180k, PP 217k vs 170k forecast. US avg workweek earnings rise as well, labor participation rate 62.8% vs 62.7% previous. Canada Employment -31.2k vs +10k...

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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...