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Europe Roundup: Pound hits one-month low on BOE's rate cut hints , European shares flat, Gold firms, Oil steady as Gaza ceasefire talks gain traction-March 22nd,2024

Mar 22, 2024 12:56 pm UTC| Market Roundups

Market Roundup UK Retail Feb Sales (YoY) -0.4%,-0.7% forecast, 0.7% previous German Jan Import Price Index (YoY) -5.9%,-7.4% forecast, -8.5% previous German Jan Import Price Index (MoM) 0.0%, -0.4% forecast,...

America’s Roundup: Dollar gains after strong economic data, Wall Street ends higher, Gold eases slightly, Oil settles lower on weak demand for gasoline in the United States

Mar 21, 2024 23:54 pm UTC| Market Roundups

Market Roundup German economy likely in recession in Q1 -Bundesbank UK economy moving in right direction for cuts -BoE US Mar Philly Fed Business Conditions 38.6, 7.2 previous US Philly Fed Prices Paid...

Europe Roundup: Euro eases against dollar, European shares hit record high, Gold hits all-time high, Oil broadly steady after surprise US crude stock drop-March 21st,2024

Mar 21, 2024 12:11 pm UTC| Market Roundups

Market Roundup French Mar Manufacturing PMI 45.8 ,47.5 forecast,47.1 previous French Mar French SP Global Composite PMI 47.7, 48.6 forecast,48.1 previous French Mar French Services PMI 47.8, 48.8 forecast,48.4...

America’s Roundup: Dollar falls as Fed projects three rate cuts in 2024 ,Wall Street ends higher, Gold rises, Oil slips as investors weigh Fed rate decision

Mar 21, 2024 00:13 am UTC| Market Roundups

Market Roundup US Distillate Fuel Production 0.128M,0.217M previous US EIA Weekly Refinery Utilization Rates (WoW) 1.0%,1.9% previous US Gasoline Inventories -3.310M,-1.350M forecast,-5.662M previous US Cushing...

Europe Roundup: Sterling edges down versus dollar , European shares fall, Gold slips, Oil retreats from multi-month highs ahead of Fed decision-March 20th,2024

Mar 20, 2024 12:15 pm UTC| Market Roundups

Market Roundup UK Feb Core PPI Output (MoM) 0.2% forecast, 0.2% previous UK Feb PPI Input (MoM) -0.4%, 0.2% forecast,-0.8% previous UK Feb RPI (YoY) 4.5% , 4.5% forecast, 4.9% previous UK Feb RPI (MoM) ...

America’s Roundup: Dollar firms ahead to the Federal Reserve's policy meeting, Wall Street advances, Gold loses footing , Oil prices surged to multi-month highs amid concerns over Russian supply disruptions

Mar 19, 2024 21:37 pm UTC| Market Roundups

Market Roundup Canada Feb Core CPI (MoM) 0.1% ,0.1% previous Canada Feb CPI (MoM) 0.3%, 0.6% forecast,0.0% previous US Feb Building Permits 1.518M ,1.500M forecast,1.489M previous US Feb Building Permits (MoM)...

FxWirePro: EUR/AUD gains upside momentum after RBA softens policy bias, room for further gains

Mar 19, 2024 16:27 pm UTC| Market Roundups

EUR/AUD climbed on Tuesday as the Australian dollar weakened following the RBAs decision to keep rates unchanged as anticipated. The RBA kept rates steady at 4.35%, its highest in 12 years, signaling a slight shift...

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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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