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Europe Round Up: Euro sellers gather for NFP job data, back to $ 1.12 - June 5th, 2015

Jun 05, 2015 11:44 am UTC| Market Roundups

Market Roundup EUR/USD squeezed to 1.1280 from 1.1180 Asia low. Germany April Industrial Orders 1.4 m/m vs 0.9% previous, 0.5% expected. Germany BUBA GDP forecast 1.7% 2015 vs 1.0% seen in December. UK BoE public...

Asia Round Up: Euro faces selling pressure on Greece, NFP in focus- June 5th, 2015

Jun 05, 2015 05:30 am UTC| Market Roundups

Market Roundup Japan FinMin Aso - Will discuss economy, fiscal policy, Asia infrastructure in financial dialogue with China. Fitch - Japan life insurers to continue increasing foreign bond investments, non-life...

Americas Roundup: Volatility dominated markets today, USD up, stocks downs, EU yields reverse gains - June 5th, 2015

Jun 04, 2015 19:48 pm UTC| Market Roundups

Market Roundup US Initial Jobless Claims w/e 276k, (consensus 279k, previous 284k), slight beat into NFP Friday US Labor Costs Revised Q1 6.7%, (consensus 5.9%, previous 5.00%), surprises higher, may hit...

Europe Round Up: GBP hits 4-week low vs EUR as Bund yields rise, EUR at 5-month high vs USD - June 4th, 2015

Jun 04, 2015 11:18 am UTC| Market Roundups

Market Roundup EUR/USD hits 1.1380 highs, 5.2% above May 27 significant low. Greece Finance minister- No reasons what so ever to hold snap elections. Greece PM- Greece to repay IMF E300mln loan tranche Friday. UK...

Asia Round Up: Aussie sinks as downbeat data signals need for further easing- June 4th, 2015

Jun 04, 2015 05:39 am UTC| Market Roundups

Market Roundup Australia April retail sales unchanged m/m, +0.4% eyed, March rev +0.2% (+0.3%). Australia April trade deficit A$3.888 bln, widest on record, A$2.25 bln eyed, exports -6% m/m, at A$25.659 bln, imports...

Americas Roundup: EUR/USD takes a breather, consolidates gains near 2-week highs - June 4th, 2015

Jun 03, 2015 20:18 pm UTC| Market Roundups

Market Roundup US ADP National Employment May 201.0k, (consensus 200k, previous +165k) US International Trade MM USD Apr -40.88b, (consensus -44.0b, previous -50.57b) US ISM N-Mfg Idx May 55,7 (previous 57.8), 57...

Europe Round Up: Euro holds ahead of ECB, Sterling falls on poorer UK services data - June 3rd, 2015

Jun 03, 2015 11:15 am UTC| Market Roundups

Market Roundup UK May Service PMI 56.5 vs 59.5 previous, 59.2 expected. White House advisor- Greece potential accident, wrong to think could be contained. Iraq oil minister- Will increase exports by 100k BPD in...

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Economy

US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions

U.S. consumer inflation likely eased in June, but economists say the slowdown may provide little relief for households or significantly reduce the likelihood of another Federal Reserve interest rate hike later this year,...

South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index

South Koreas KOSPI has entered a bear market after falling about 25% from its record high reached in late June, highlighting the sharp reversal of one of the worlds strongest equity rallies. Despite the decline, the...

Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data

The Japanese yen held steady on Tuesday as investors remained alert to the possibility of currency intervention from Tokyo, while most Asian currencies traded in narrow ranges ahead of closely watched U.S. inflation data...

China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts

Chinas exports and imports grew far more than expected in June, highlighting the resilience of the countrys trade sector as strong global demand for artificial intelligence (AI)-related products and technology goods helped...

Goldman Sees Foreign Investors Driving India Stock Market Recovery

Goldman Sachs believes foreign investors could become the key catalyst for Indias next stock market rally after months of heavy selling left global funds significantly underweight on Indian equities. Improving...

Politics

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens in the Democratic Republic of Congo (DRC) as the country faces a worsening Ebola outbreak, according to a White House official. Under the...

Iranian Missile Strike on UAE Oil Tankers Kills Indian Crew Member in Strait of Hormuz

An Indian crew member was killed and eight others were injured after two United Arab Emirates oil tankers were struck by Iranian cruise missiles in the Strait of Hormuz on Tuesday, marking another major escalation in the...

Trump Recommends Darline Graham for Interim South Carolina Senate Seat

U.S. President Donald Trump announced Monday that he has recommended Darline Graham, the sister of the late Senator Lindsey Graham, to serve as South Carolinas interim U.S. senator, urging Governor Henry McMaster to...

Brazil Court Bars Flavio Bolsonaro From Visiting Jair Bolsonaro Ahead of Election

Brazils political landscape took another dramatic turn after Supreme Court Justice Alexandre de Moraes barred Senator Flavio Bolsonaro from visiting his father, former President Jair Bolsonaro, for 90 days, citing a...

Trump to Deliver National Address on Declassified 2020 Election Intelligence

President Donald Trump is set to deliver a televised national address on Thursday night focused on newly declassified intelligence concerning investigations into the 2020 U.S. election and what the White House describes as...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

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...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

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...

Technology

Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand

Yaskawa Electric Corp. (TYO:6506) shares extended losses for a second consecutive session on Tuesday after the Japanese robotics and factory automation company reported weaker-than-expected quarterly earnings, with...

Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion

Australias online safety regulator has warned that major technology companies, including Apple, Meta, Google, Microsoft and Snap, still have significant shortcomings in tackling child sexual abuse and the rising threat of...

SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan

SoftBank Corp (TYO:9434) announced on Tuesday a strategic partnership with AI startup Sierra to expand artificial intelligence-powered customer support services across its operations in Japan, marking another step in the...

Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process

Nvidia has reportedly tightened its controls over AI chip sales in Asia by significantly reducing the number of customers authorized to purchase its advanced processors, according to a Financial Times report published...

EU to Propose New Rules Limiting Children's Access to Social Media

The European Commission is preparing to introduce new rules aimed at limiting childrens access to social media platforms, with a formal proposal expected after the summer break, European Commission President Ursula von der...
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