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Europe Roundup: Sterling falls to two-month low as inflation pressures mount, European shares falls, Gold firms, Oil down nearly 3% as Russia downplays additional OPEC+ cuts-May 25th,2023

May 25, 2023 15:05 pm UTC| Market Roundups

Market Roundup German GDP (YoY) (Q1)-0.2%, 0.2% forecast, 0.3% previous German GDP (QoQ) (Q1) -0.3%, -0.1% forecast,-0.4% previous Sweden Apr Unemployment Rate 7.5% , 7.6% forecast, 7.7% previous German Jun GfK...

America’s Roundup: Dollar gains on resilient U.S. economy, flight to safety, Wall Street ends down, Gold dips ,Oil prices gain 2% on falling U.S. stockpiles, Saudi warning-May 25th,2023

May 25, 2023 00:39 am UTC| Market Roundups

Market Roundup Canada Corporate Profits (QoQ) -5.6% ,-8.1% previous EU May Belgium NBB Business Climate -9.2,-6.0 forecast, -7.8 previous US Gasoline Inventories -2.053M,-0.695M forecast,-1.381M previous US...

Europe Roundup: Sterling gives up initial gains after hot UK inflation figures, European shares slump to three-week lows, Gold little changed, Oil prices up after bullish Saudi comments, falling U.S. stockpiles

May 24, 2023 12:25 pm UTC| Market Roundups Economy

Market Roundup UK Apr CPI (MoM) 1.2%,0.8% forecast,0.8%previous UK Apr CPI, n.s.a 130.40, 128.90 previous UK Apr Core RPI (MoM) 1.4%,2.1% forecast,0.7% previous UK Apr RPI (YoY) 11.4%,11.2% forecast,13.5%...

America’s Roundup: Dollar gains as U.S. debt ceiling concerns keep traders nervous, Wall Street ends sharply lower, Gold recovers, Oil gains after Saudi official warns short sellers-May 24th,2023

May 23, 2023 22:49 pm UTC| Market Roundups

Market Roundup Canada Apr RMPI (YoY) -10.8% ,-24.5% forecast, -16.5% previous Canada Apr RMPI (MoM) 2.9% ,0.7% forecast,-1.7% previous Canada Apr IPPI (YoY) -3.5% ,-5.6% forecast,-1.8% previous Canada Apr IPPI...

Europe Roundup: Pound drops to one-month low ,European shares falls, Gold extends slide, Oil rises on supply outlook, Saudi speculator warning

May 23, 2023 14:09 pm UTC| Market Roundups Economy

Market Roundup UK Apr Public Sector Net Cash Requirement 13.667B,-0.572B forecast,18.886B previous UK Apr Public Sector Net Borrowing 24.74B ,17.50B forecast,20.71B previous French May Services PMI ...

America’s Roundup: Dollar gains against yen as Fed policy, debt ceiling in focus, Wall Street ends mixed, Gold dips, Oil rises 1% as supplies shrink, demand seen higher-May 23rd,2023

May 22, 2023 23:42 pm UTC| Market Roundups

Market Roundup French 12-Month BTF Auction 3.324%,3.249% previous French 3-Month BTF Auction 3.115%,3.121% previous French 6-Month BTF Auction 3.234%,3.128% previous EU May Consumer Confidence -17.4,-17.0...

Europe Roundup: Euro gains against dollar, European stocks muted , Gold edges higher,Oil steady as U.S. default risk offsets demand outlook-May 22nd -2023

May 22, 2023 13:22 pm UTC| Market Roundups

Market Roundup Greek Mar Current Account (YoY) -2.403B,-1.325B previous Belgium May Consumer Confidence -9 ,-6 previous EU Mar Construction Output (MoM) -2.41%, 0.00% forecast,2.10% previous Looking Ahead...

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Economy

China Home Prices Fall Again in June Despite Slower Pace of Decline

Chinas new home prices continued to decline in June, highlighting the ongoing challenges facing the countrys property market despite signs that the pace of deterioration is easing. Official data released by the National...

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...

Politics

Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure

The Trump administration is launching a new initiative to strengthen U.S. cybersecurity by bringing together leading artificial intelligence developers and operators of critical infrastructure to identify and address...

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

The Trump administration has imposed new travel restrictions on American citizens who have recently been in the Democratic Republic of Congo (DRC), preventing them from boarding commercial flights to the United States as...

Trump to Deliver National Address on 2020 Election Intelligence, Voting Machine Security

President Donald Trump is set to deliver a national address on Thursday night, outlining newly declassified intelligence related to the 2020 U.S. presidential election and discussing what the White House describes as...

Trump Says U.S. Strikes on Iran Will Continue Until Nuclear Deal Is Reached

U.S. President Donald Trump said Tuesday that the United States remains in direct contact with Iranian officials but warned that military operations against Iran will continue until Tehran agrees to a new deal, signaling...

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...

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

Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside

Arm Holdings shares came under pressure after HSBC downgraded the semiconductor designer to hold from buy,arguing that the companys recent rally has already priced in much of its long-term artificial intelligence (AI)...

SK Hynix Stock Soars as AI Memory Demand Outlook Fuels Chip Rally

SK Hynix shares surged nearly 13% in Seoul on Wednesday, leading a broad rally in South Korean semiconductor stocks as easing U.S. inflation and renewed optimism over artificial intelligence (AI) memory demand boosted...

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...
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