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Europe Roundup: Sterling breaks three-day losing streak after UK GDP data, European stocks fall, Oil prices firm on upbeat demand growth forecasts-August 11th,2023

Aug 11, 2023 12:29 pm UTC| Market Roundups

Market Roundup UK Jun Industrial Production (MoM) 1.8%,0.1%forecast,-0.6%previous UK GDP (YoY) (Q2)0.4%,0.2% forecast,0.2% previous UK Jun Manufacturing Production (MoM) 2.4%,0.2% forecast,-0.2% previous UK...

America’s Roundup: Dollar edges up after moderate US CPI data, Wall Street ends flat, Gold firms, Oil settles lower as US rate hike fears subside-August 11th,2023

Aug 11, 2023 00:59 am UTC| Market Roundups

Market Roundup US CPI rises, but largely in line with expectations US jobless claims increase in latest week Fed funds futures price in no hike, then cut in May 2024 US weekly jobless claims rise more than...

Europe Roundup: Sterling rises against weakening dollar ahead of US inflation, European shares gain, Gold firms, Oil steadies ahead of US inflation data-August 10th,2023

Aug 10, 2023 12:18 pm UTC| Market Roundups

Market Roundup Sweden Industrial Production (YoY)-2.8%, 3.8% previous Sweden Industrial Production (MoM) -5.5%, 0.3% previous Italian Jul HICP (YoY) 6.3%,6.4% forecast,6.7% previous Italian Jul Italian CPI...

America’s Roundup: Dollar inches lower ahead of inflation report, Wall Street ends lower, Gold struggles for traction, Oil hits new highs on US fuel demand, tighter supply-August 10th,2023

Aug 09, 2023 23:13 pm UTC| Market Roundups

Market Roundup Canada Jun Building Permits (MoM) 6.1%,-3.5% forecast, 10.5% previous US Cushing Crude Oil Inventories 0.159M ,-1.783M forecast,-1.259M previous US EIA Weekly Refinery Utilization Rates (WoW) -0.7%...

Europe Roundup: Sterling falls against dollar as focus stays on weak economy, European shares rebound-August 9th,2023

Aug 09, 2023 12:56 pm UTC| Market Roundups

Market Roundup UK 10-Year Treasury Gilt Auction 4.350%, 4.595% previous German 10-Year Bund Auction 2.460% , 2.640% previous Portuguese Unemployment Rate (Q2) 6.1%, 7.2% previous Portuguese Jun Trade Balance...

America’s Roundup: Dollar rallies on weak China data ,Wall Street ends lower, Oil edges up on higher US economic growth outlook-August 9th,2023

Aug 08, 2023 23:00 pm UTC| Market Roundups

Market Roundup, Moodys downgrades small to mid-sized U.S. banks Chinese yuan slides to multi-week lows US Imports 313.00B, 316.10B previous US Exports 247.50B, 247.10B previous Canada Jun Trade Balance...

Europe Roundup: Sterling eases as UK consumer spending slows, Europe stocks dips, Gold hits 4-week low, Oil slips as weak China data offsets tightening supply-August 8th,2023

Aug 08, 2023 12:49 pm UTC| Market Roundups

Market Roundup German Jul CPI (MoM) 0.3%, 0.3%, forecast,0.3% previous German Jul German CPI (YoY) 6.2%,6.2% forecast,6.4% previous German Jul HICP (MoM) 0.5%, 0.5% forecast,0.4% previous French Jun Current...

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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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