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Americas Roundup: Dollar rises as U.S. data eases some growth worries, oil turns lower after bigger than forecast U.S. crude build-May 5th, 2016

May 04, 2016 21:29 pm UTC| Market Roundups

Market Roundup U.S. ADP private sector job growth slows, to 3-yr low, in April 156k vs 196k forecast. Markit Svcs PMI final 52.8 v 52.1 previous, Markit Comp PMI final 52.4 v 52.1 previous. U.S. factory orders...

Europe Roundup: Stocks slide for second consecutive day on global growth fears, yen and euro retreat from multi-month highs- Wednesday, May 4th, 2016

May 04, 2016 11:25 am UTC| Market Roundups

Market Briefs USD/JPY +0.2%, GBP/USD -0.36%, EUR/USD -0.12%. DXY +0.32%, DAX -0.8%, Brent -0.2%, Gold -0.7%. Germany Final Apr Service PMI 54.5 vs 54.6 previous, 54.6 expected. EZ Final Apr Service PMI...

Asia Roundup: Asian markets in red as China devalued Yuan, Oil prices stable and gold falls below $1280 - Wednesday, May 4th, 2016

May 04, 2016 07:49 am UTC| Market Roundups

Market Roundup China State Planner - Says housing inventory level high. China State Planner - China faces downward pressure on investment into economy. China State Planner - Local govts unable to raise...

Americas Roundup: Sterling stumbles against dollar after poll shows Brexit camp in lead, oil down for 2nd second straight day as rising output reignites glut worry-May 4th,2016

May 03, 2016 21:50 pm UTC| Market Roundups

Market Roundup ISM NY Apr biz conditions 57 v 50.4 previous. Feds Lockhart: no firm view on June FOMC, waiting to see incoming data; says Brexit causing volatility, uncertainty for US; 2 US rate hikes certainly...

Europe Roundup: Investors dubious about central banks' effectiveness, dollar lowest since Jan 2015, oil slides and gold rises- Tuesday, May 3rd, 2016

May 03, 2016 11:52 am UTC| Market Roundups

Market Briefs DXY -0.55%, USD/JPY -0.65%, EUR/USD +0.5%, GBP/USD +0.1%. USD/JPY hits new low 105.55, Cross Supported by EUR/USD. Brent -1.05%, Gold +0.5%, AUD/USD -1.10%. Swiss Q2 Consumer Confidence...

Asia Roundup: RBA cuts cash rate by 25 bps to a record low of 1.75 pct, Gold and oil turn higher - Tuesday, May 3rd, 2016

May 03, 2016 07:15 am UTC| Market Roundups

Market Roundup Australia central bank cuts rates 25bps to 1.75%. RBA Says Rising AUD Could Complicate Economic Adjustment. China April Caixin manufacturing PMI Falls to 49.4, 14th Month of Contraction (Vs...

Americas Roundup:Sterling hits 5-month high against dollar, oil down 3 pct on OPEC output hike-May 03, 2016

May 02, 2016 22:18 pm UTC| Market Roundups

Market Roundup US Mar construction spending rises 0.3% vs -0.5 in Feb, below 0.5% forecast. US Apr ISM Mfg index 50.8 in April vs forecast 51.4%, 51.8% in Mar, prices paid up, new orders fall. US Mfg final PMI...

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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

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...

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...
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