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Europe Roundup: Euro eases against dollar ahead of US jobs report , European shares dips,Gold hits fresh record high, Oil stable as investors digest rate cut signals-March 8th,2024

Mar 08, 2024 13:10 pm UTC| Market Roundups

Market Roundup German Jan PPI (MoM) 0.2%, 0.1% forecast,-1.2% previous German Jan PPI (YoY) -4.4%,-6.6% forecast-8.6% previous German Jan Industrial Production (MoM) 1.0% 0.5% forecast,-1.6% previous French Jan...

America’s Roundup: Dollar falls on dovish Fed, Wall Street rallies, Gold scales new record, Oil prices nearly flat as market weighs Chinese demand

Mar 07, 2024 23:20 pm UTC| Market Roundups

Market Roundup Canada Jan Exports 62.29B, 64.07B previous US Unit Labor Costs (QoQ) (Q4) 0.4%,0.7% forecast,0.5% previous US Nonfarm Productivity (QoQ) (Q4) 3.2%,3.1% forecast, 3.2% previous Canada Jan Trade...

Europe Roundup: Euro little changed ahead of ECB decision, European subdued, Gold extends record run, Oil prices slip on expectation US rate cuts could be delayed-March 7th, 2024

Mar 07, 2024 13:15 pm UTC| Market Roundups

Market Roundup Swiss Feb Unemployment Rate n.s.a. 2.4%,2.5% previous Swiss Feb Unemployment Rate s.a. 2.2%, 2.2% forecast,2.2% previous UK Feb Halifax House Price Index (MoM) 0.4% , 0.8% forecast, 1.3%...

Europe Roundup: Euro gains against dollar, European shares rise, Gold hits record peak, Oil up as OPEC+ cuts override China, US demand concerns-March 6th,2024

Mar 06, 2024 13:20 pm UTC| Market Roundups

Market Roundup German Jan Exports (MoM) 6.3%,1.5% forecast, -4.6%previous German Jan German Imports (MoM) 3.6%,1.8% forecast, -6.7% previous German Jan Trade Balance 27.5B,21.0B forecast,22.2B previous UK...

America’s Roundup: Dollar weakens as U.S. services sector growth slows, Gold advances, Wall Street ends lower, Oil slipped lower as China's reform efforts disappoint despite OPEC+ backing

Mar 05, 2024 21:03 pm UTC| Market Roundups

Market Roundup Canada Feb Reserve Assets Total 116.3B , 116.3B previous US Redbook (YoY) 3.1%,2.7% previous US Feb SP Global Composite PMI 52.5,51.4 forecast,52.0 previous US Feb Services PMI 52.3,51.3...

Europe Roundup: Sterling dips traders look ahead to Wednesday's budget , European shares fall,Gold gains, Oil slides as China's reforms disappoint despite OPEC+ support-March 5th,2024

Mar 05, 2024 13:26 pm UTC| Market Roundups

Market Roundup French Jan Industrial Production (MoM) -1.1%, -0.1% forecast,1.1% previous Spanish Feb Services PMI 54.7, 53.4 forecast,52.1 previous Italian Feb Services PMI 52.2 ,52.2 forecast, 51.2...

America’s Roundup: Dollar eases against euro, Wall Street ends mixed, Gold climbs to a three-month peak, Oil settles lower amid subdued demand despite the extension of OPEC+ production cuts

Mar 04, 2024 21:51 pm UTC| Market Roundups

Market Roundup French 12-Month BTF Auction 3.471% previous French 3-Month BTF Auction 3.845% previous French 6-Month BTF Auction 3.768% previous US3-Month Bill Auction 5.255% previous US 6-Month Bill Auction...

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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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