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Europe Roundup: Euro dips after weak data, European shares dips, Gold slips toward 2-1/2-month lows ,Oil slips on China growth worries, EU weighs Russian crude ban-May 2nd,2022

May 02, 2022 11:18 am UTC| Market Roundups

Market Roundup German Mar Retail Sales (MoM) -2.7%,,0.3% forecast , 0.3% previous German Mar Retail Sales (YoY) 6.1% forecast ,7.0% previous Sweden Apr Manufacturing PMI 55.5, 57.3 previous Spanish Apr...

America’s Roundup: Dollar dips on the day, set for biggest 1-month gain since 2015, Wall Street closes sharply lower, Gold gains over 1%, Oil prices reverse late in session as heating oil contract plunges-April 30th,2022

Apr 30, 2022 04:17 am UTC| Market Roundups

US Employment Benefits (QoQ) (Q1) 1.80%, 0.90% previous US Employment Wages (QoQ) (Q1) 1.20%, 1.10% previous US Employment Cost Index (QoQ) (Q1) 1.4%,1.1% forecast, 1.0% previous US Mar Personal Income (MoM) 0.5%,...

Europe Roundup: Euro set for 4.5% monthly drop, European shares gain, Gold firms, Oil extends gains as supply fears outweigh China lockdowns-April 29th,2022

Apr 29, 2022 13:52 pm UTC| Market Roundups

Market Roundup UK Apr Nationwide HPI (MoM) 0.3%,0.8% forecast , 1.1% previous UK Apr Nationwide HPI (YoY) 12.1%, 12.6% forecast, 14.3% previous Swiss Mar Retail Sales (YoY) -6.6%, 12.8% previous French CPI...

America’s Roundup: Dollar hits 20-yr high versus yen, Wall Street ends sharply higher, Gold hovers close to 10-week low, Oil prices settle up on increased chance of EU embargo of Russian oil-April 29th,2022

Apr 29, 2022 01:07 am UTC| Market Roundups

Market Roundup US Real Consumer Spending (Q1) 2.7%,2.5% previous US GDP Sales (Q1) -0.6%,1.5% previous US Core PCE Prices (Q1) 5.2%, 5.40% forecast, 5.00% previous US GDP Price Index (QoQ) (Q1) 8%, 7.3%...

Europe Roundup: Euro slips lower, focus on inflation data , European stocks climb, Gold holds near 10-week low, Oil prices fluctuate in the face of supply and demand concerns-April 28th ,2022

Apr 28, 2022 11:51 am UTC| Market Roundups

Market Roundup Spanish CPI (YoY) 8.3%, 9.0% forecast, 9.8% previous Spanish HICP (MoM) -0.2%,0.2% forecast, 3.9% previous Italian Apr Business Confidence 110.0, 110.0 forecast, 110.3 previous Italian Feb...

America’s Roundup: Dollar hits its highest level since January 2017, Wall Street ends mixed, Gold hovers near 2-month low, Oil prices edge up as worldwide supply concerns remain at the fore-April 28th,2022

Apr 28, 2022 02:57 am UTC| Market Roundups

Market Roundup US Mar Goods Trade Balance -125.32B ,-106.35B previous US Wholesale Inventories (MoM) 2.3% ,2.5% previous US Mar Retail Inventories Ex Auto 2.3%,1.4% previous US Mar Pending Home Sales (MoM)...

Europe Roundup: Euro falls below $1.06 for first time in five years, European shares gain, Gold hits 2-month low, Oil prices steady as Russia supply fears meet Asian demand concerns-April 27th,2022

Apr 27, 2022 10:34 am UTC| Market Roundups

Market Roundup German GfK May Consumer Climate -26.5, -16.0 forecast, -15.7 previous French Apr Consumer Confidence 88, 92 forecast, 90 previous Swiss ZEW Apr Expectations -51.6 ,-27.8 previous Italian Mar...

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Economy

ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain

The European Central Bank (ECB) does not currently see evidence that the U.S.-Israeli conflict with Iran is triggering broader inflationary pressures across the euro area, although policymakers remain alert to potential...

Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions

Asian stock markets traded mostly higher on Wednesday after weaker-than-expected U.S. inflation data eased expectations of a near-term Federal Reserve interest rate hike, although escalating tensions in the Middle East...

Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment

Most Asian currencies traded in narrow ranges on Wednesday as investors remained cautious over escalating tensions in the Middle East and weaker-than-expected Chinese economic growth, despite a softer U.S. dollar following...

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,...

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

ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings

ASML Holding (AS: ASML) reported stronger-than-expected second-quarter 2026 earnings on Wednesday, fueled by robust demand for artificial intelligence (AI) chip manufacturing equipment and higher sales from its installed...

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...
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