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Europe Roundup: Sterling hits 9-month lows, Euro at 9-month trough vs. Yen, World stocks fall on China fears- Wednesday, January 6th, 2016

Jan 06, 2016 12:12 pm UTC| Market Roundups

Market Roundup USD/CNH rockets to 6.7250 and talk of PBOC brakes. Quick move from 6.7315 high (traded once) back down to 6.7050 in 3 months. CNY/CNH spread still blowing out 1,500 seen-widest on record. EUR/USD...

Asia Roundup: Yuan eases on sharply lower PBoC midpoint fix, Antipodeans skid to multi-week lows against Dollar and Yen - Wednesday, January 6th, 2016

Jan 06, 2016 06:48 am UTC| Market Roundups

Market Roundup India Dec Nikkei Markit Svcs PMI Increases to 53.6 vs previous 50.1 BoJ estimates Japans April-September 2015 Potential Growth Rate at 0.23 pct South Africas Rand weakens to a 3 1/2 week low against...

Americas Roundup: Euro slips sharply lower against dollar after weak Euro zone inflation, gold gains as stock rout continues-January 6th, 2016

Jan 05, 2016 23:10 pm UTC| Market Roundups

Market Roundup BOJs Kuroda: cannot yet declare Japan has escaped deflation, 2% inflation target may be delayed by weak oil prices, ready to deploy more stimulus if necessary. Canada producer prices fall for fourth...

Europe Roundup: Euro slips on stable risk appetite, World Shares calm after China's Stock Market slump- Tuesday, January 5th, 2016

Jan 05, 2016 11:45 am UTC| Market Roundups

Market Roundup EUR/USD falls as risk appetite stabilized. -0.5%, plays 1.0840-1.0765. USD/JPY off 11-week 118.71 low. 119.70-118.83 range today. GBP/USD extends south to fresh 9 month at 1.4659 from 1.4725. ...

Asia Roundup: Recovery in Chinese stocks halts Yen's rally; Asian shares struggle to stabilise - Tuesday, January 5th, 2016

Jan 05, 2016 06:42 am UTC| Market Roundups

Market Roundup Australia ANZ Roy Morgan Weekly Consumer Confidence Index at 116.3 from 115.4 CSRC: Unrealistic to see mass shareholding cut after Jan 8 PBoC Injects Yuan 130bn worth of short term funds USDCNY fixed...

Americas Roundup: Dollar slips lower vs Japanese yen on China stock market rout, US stocks tumbles, gold jumps 2 pct as stocks drop-January 5th, 2016

Jan 04, 2016 23:41 pm UTC| Market Roundups

Market Roundup US Markit Mfg PMI slumps (Dec 51.2 v Nov 51.3), construction spending falls (Oct 0.3 v Nov -0.4%) first decline in nearly 1.5 yrs. Feds Williams: 3-5 rates hikes this year, US economy in good shape,...

Europe Roundup: Sterling hits 9-month low, European Shares start 2016 in red after Chinese Stocks sink- Monday, January 4th, 2015

Jan 04, 2016 12:22 pm UTC| Market Roundups

Market Roundup USD/JPY hit 11 week low at 118.71 from 120.46. USD/CHF off from 10025 to 0.9925 but recovers into NY. EUR/USD better bid but limited at 1.0946 (from 1.0827 low). EUR/GBP gives back gains after...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

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...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

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...

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....