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Asia Roundup: USD/JPY declines on profit taking, while Kiwi slumps on RBA easing expectations; Asian shares retreat - Monday, February 29th, 2016

Feb 29, 2016 06:51 am UTC| Market Roundups

Market Roundup G20 - World needs to look beyond ultra-easy policy for growth, to tell each other in advance about moves that could devalue currencies - Reuters. Central banks near policy limits but back in focus...

Americas Roundup: Dollar climbs as upbeat U.S. data revives rate hike view, gold falls on stronger dollar, US stocks ends lower as early gains fade-February 27th, 2016

Feb 27, 2016 00:04 am UTC| Market Roundups

Market Roundup USD gains as positive US data boosts rate hike view, Yen on track for biggest monthly gains in 7.5-yrs. US fourth-quarter growth revised up to 1.0 percent vs forecast +0.4%, cons spend/PCE rising. US...

Europe Roundup: Stocks gain as focus turns to G20 policymakers meeting; Sterling to post biggest weekly loss since 2010, Oil improves Risk sentiment - Friday, February 26th, 2016

Feb 26, 2016 12:07 pm UTC| Market Roundups

Market Roundup USD/JPY trading higher to 113.22 but not convincing. GBP/USD back above 1.40 but short lived. Swiss Q4 Non-Farm Payrolls 4.897 mln vs 4.244 mln. EZ February Business Climate 0.07 vs 0.29 previous,...

Asia Roundup: Antipodeans set for weekly gains; Markets focus on G20 Meeting and U.S. GDP prelim data - Friday, February 26th, 2016

Feb 26, 2016 06:45 am UTC| Market Roundups

Market Roundup New Zealand Jan trade surplus NZ$8 mln, NZ$245.5 mln deficit forecast, year-to-Jan deficit NZ$3.578 bln, NZ$3.84 bln forecast, Jan imports NZ$3.89 bln, imports NZ$3.9 bln. Japan FinMin Aso - Not...

Americas Roundup: Brexit worries keep sterling struggling near 7-year low, oil up 3 pct on March producer’s meeting-February 26th, 2015

Feb 25, 2016 23:09 pm UTC| Market Roundups

Market Roundup US durable goods orders rebound strongly in January (4.9% vs 2.5% forecast). US jobless claims up, but trend points to firming labor market (272k vs 270k forecast). Oil erases losses on talk of major...

Europe Roundup: China stocks plunge ahead of G-20 summit, European shares bounce, Sterling steady - Thursday, February 25th, 2016

Feb 25, 2016 12:06 pm UTC| Market Roundups

Market Roundup EUR/GBP at marginal new high 0.7928, GBP/USD plays 1.39-1.3964 range. Germany Mar GfK Consumer Sentiment 9.5 vs 9.4 previous, 9.3 expected. Germany Final Jan HICP 0.4% y/y vs 0.4% previous, 0.4%...

Asia Roundup: Sterling steadies near 7-year lows; Markets await U.S Durable goods data - Thursday, February 25th, 2016

Feb 25, 2016 06:49 am UTC| Market Roundups

Market Roundup BoJ Policy Board Kiuchi - Negative rates could destabilize economy, dissented at last meeting on economic view, 2% inflation target difficult - Reuters. MoF flow data week-ended Feb 20 - Japanese buy net...

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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...