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Americas Roundup: Markets cautious ahead of UK elections Thursday and US nonfarm payrolls Friday - 5 May, 2015

May 04, 2015 20:08 pm UTC| Market Roundups

Market Roundup US Factory Orders MM Mar 2.1%, (consensus 2%, previuos -0.10%) US Nondef Cap Ex-Air R MM Mar 0.1%, (previuos -0.50%) BR HSBC Manufacturing PMI Apr 46, 46.2-prev; BCB poll sees +25 bp at next COPOM MX...

Europe Round Up: Dollar steadies after recent sell-off, euro down 0.5 percent –May 4, 2015

May 04, 2015 10:55 am UTC| Market Roundups

Market Roundup NZ John Key: Low inflation helping to keep rates lower for longer NZ John Key: Getting to budget surplus may take longer than planned EUR/USD softer to 1.1125 from 1.1224 highs GBP/USD new pullback...

Asia Roundup: Quiet Asian session, Bank Holiday in Japan and UK - May 4, 2015

May 04, 2015 05:32 am UTC| Market Roundups

Market Roundup China April HSBC/Markit Final Mfg PMI 48.9 (Vs Flash 49.2, March 49.6), Biggest Contraction in a Year Australia March Building Approvals +2.8% M/M Australia March Private Sector House Approvals +1.1%...

Americas Roundup: US $ brushes off data disappointments, ending the week a little stronger - 4 May, 2015

May 01, 2015 19:58 pm UTC| Market Roundups

Market Roundup US data sideways, UST yields rise anyway, USD higher in thin May Day trading US Markit Mfg PMI Final Apr 54.1, (previous 54.2) US Construction Spending MM Mar -0.6%, (consensus 0.5%, previous 0.00%) US...

U.S. Open: US ISM Manufacturing data in focus today – May 1, 2015

May 01, 2015 11:02 am UTC| Market Roundups

Market Roundup European May Day holidays leaves FX thin but steady. Dollar index off 94.399 2-mth low. April was worse month for index in 4 years. Irish Central Bank Gov: Ireland well on road to repair degree of...

Asia Roundup: Market quiet, Most Asia and Europe market will remain close today for May Day - May 1, 2015

May 01, 2015 05:25 am UTC| Market Roundups

Market Roundup China April official mfg PMI 50.1, 50.0 eyed, March 50.1. China April official non-mfg PMI 53.4, March 53.7. NZ April QV residential property price index +8.4% y/y, March +7.7%. NZ FinMin English:...

Americas Roundup: Dollar extended losses versus the euro and the Swissy - 1 May, 2015

Apr 30, 2015 20:20 pm UTC| Market Roundups

Market Roundup US Employment Costs Q1 0.7%, (consensus 0.6%, previous 0.50%) US Chicago PMI Apr 52.3, (consensus 50, previous 46.3) US Initial Jobless Claims w/e 262k, (consensus 290k, previous 296k) US data releases...

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Economy

Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks

Australias business conditions remained stable in June as easing cost pressures and improved sentiment followed a U.S.-Iran peace agreement that temporarily reduced global energy concerns, according to the latest National...

Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow

Gold prices were little changed on Tuesday as investors balanced escalating tensions in the Middle East against growing expectations that the Federal Reserve could keep interest rates higher for longer. Traders also...

Oil Prices Surge as U.S.-Iran Conflict Escalates and Strait of Hormuz Risks Grow

Oil prices extended their strong rally in Asian trading on Tuesday after recording their biggest one-day gains in months, as escalating tensions between the United States and Iran heightened concerns over global crude...

Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge

The U.S. dollar traded little changed on Tuesday as investors awaited key U.S. inflation data that could shape the Federal Reserves next interest rate decision, while rising geopolitical tensions in the Middle East...

Australia Consumer Sentiment Rises in July as Fuel Price Relief Lifts Confidence

Australias consumer sentiment improved in July as lower fuel prices and easing concerns over further interest rate hikes provided households with some relief, although confidence remained firmly in pessimistic territory....

Politics

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...

Russia Launches Missile and Drone Attacks on Kyiv, Zaporizhzhia, and Kharkiv

Russian forces launched a fresh wave of missile and drone attacks across Ukraine early Tuesday, targeting Kyiv and several other major cities as the conflict continued to intensify. Air raid sirens sounded across the...

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

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...

TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings

Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds largest contract chipmaker, posted strong second-quarter revenue growth as robust demand for artificial intelligence (AI) chips continued to drive business across...

Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub

Samsung Electronics is set to begin operations at its first semiconductor fabrication plant in the Yongin chip cluster in 2029, marking a faster-than-expected rollout of one of South Koreas most significant chip...

Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX

Morgan Stanley believes Chinas rapidly advancing reusable rocket program represents the biggest long-term competitive threat to SpaceX, following the countrys first successful recovery of an orbital-class rocket booster....

SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing

SK Hynix shares fell as much as 4.4% in early trading on Monday, even after the South Korean memory chip giant posted a strong debut on the Nasdaq following one of the largest U.S. listings by an Asian technology company....
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