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Europe Roundup: Sterling slumps on UK virus travel curbs, Brexit impasse, European shares tumble, Gold jumps, Oil falls $3 as new virus strain prompts demand worries-December 21st,2020

Dec 21, 2020 13:30 pm UTC| Market Roundups

Market Roundup Italian Nov Trade Balance Non-EU 6.68B, 7.09B previous Greek Oct Current Account (YoY) -0.767B, -0.499B previous UK Dec CBI Distributive Trades Survey -3, -35 frecast, -25 previous Looking Ahead...

America’s Roundup: Dollar gains after week of losses on U.S. stimulus, Brexit fears, Wall Street falls, Gold dips, Oil settles up, marking seventh straight weekly gain-December 19th,2020

Dec 18, 2020 22:44 pm UTC| Market Roundups

Market Roundup Russia Dec Interest Rate Decision 4.25%,4.25% forecast, 4.25% previous UK Dec CBI Industrial Trends Orders -25, -34 forecast, -40 previous US Current Account (Q3) -178.5B, -189.0B forecast,...

Europe Roundup: Sterling drops as EU's Barnier says just hours left for Brexit deal , European shares gain, Gold edges lower, Oil dips, heads for weekly gain as vaccine rollouts support-December 18th,2020

Dec 18, 2020 13:57 pm UTC| Market Roundups

Market Roundup US Nov Core Retail Sales (YoY) 5.6%,4.1% forecast, 7.8% previous US Nov Retail Sales (MoM )-3.8%,-4.2% forecast, 1.2% previous US Nov Core Retail Sales (MoM) -2.6%,-3.3% forecast, 1.3%...

America’s Roundup: Dollar sinks as stimulus beckons, Wall Street ends at record high, Gold climbs, Oil prices rise, hit 9-month high on U.S. stimulus progress-December 18th,2020

Dec 17, 2020 23:34 pm UTC| Market Roundups

Market Roundup Weekly jobless claims at 885,000 vs 862,000 in prior week US Dec Philly Fed New Orders 2.3, 37.9 previous US Dec Philly Fed Prices Paid 27.10,, 38.90 previous Canada ADP Nonfarm Employment...

Europe Roundup: Sterling rises above $1.36 on renewed Brexit trade deal hopes , European shares gain,Gold jumps 1% , Oil prices hit nine-month high after inventory draw-December 17th,2020

Dec 17, 2020 13:50 pm UTC| Market Roundups

Market Roundup French Nov Car Registration (YoY) -27.0%, -9.5% previous French Nov Car Registration (MoM) -26.3%,1.6% previous German Nov Car Registration (MoM) -3.0%,-3.6% previous Italian Nov Car Registration...

America’s Roundup: U.S. dollar zigzags on Fed bond buying policy, Wall Street ends mixed , Gold climbs ,Oil prices edge higher after U.S. crude stockpile draw-December 17th,2020

Dec 16, 2020 23:39 pm UTC| Market Roundups

Market Roundup Fed vows to keep benchmark interest rate near zero US Nov Core Retail Sales (MoM) -0.9% , 0.1% forecast, 0.2% previous US Nov Retail Sales (YoY) 4.10%, 5.68% previous US Nov Retail Sales (MoM)...

Europe Roundup: Euro surges on Brexit hopes ,European shares rise, Gold gains, Oil prices rise on vaccine optimism and weaker dollar-December 16th,2020

Dec 16, 2020 13:06 pm UTC| Market Roundups

Market Roundup U.S Fed policy statement due at 1900 GMT UK Nov Core CPI MoM (MoM) -0.1%,0.2% forecast, 0.2% previous UK Nov Core CPI (YoY) 1.1%,1.4% forecast, 1.5% previous UK Nov Core PPI Output (MoM)...

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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 ICC Sanctions Challenged as Advocacy Groups File Free Speech Lawsuit

Two U.S.-based advocacy organizations have filed a lawsuit against the Trump administration, arguing that sanctions targeting the International Criminal Court (ICC) violate First Amendment free speech protections. The...

US Military Launches New Strikes on Iran, Targets Threats to Strait of Hormuz Shipping

The U.S. military launched a new wave of strikes against Iran on Wednesday, marking another escalation in tensions across the Middle East. According to the U.S. Central Command (CENTCOM), the military operation began at...

Ukraine, EU Sign Landmark Drone Deal to Boost Defense Production

Ukraine and the European Union have signed a landmark drone cooperation agreement aimed at combining Ukraines battlefield expertise with Europes industrial strength to accelerate drone manufacturing and strengthen regional...

Zelenskiy Cabinet Reshuffle Puts Ukraine Defense Minister Fedorov’s Future in Focus

As Ukrainian President Volodymyr Zelenskiy prepares another cabinet reshuffle, the future of Defense Minister Mykhailo Fedorov has emerged as one of the biggest questions, with potential implications for Ukraines war...

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...

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

Apple Intelligence Cleared for China as Alibaba and Baidu AI Power iPhone Features

Apple has moved a step closer to launching Apple Intelligence in China after the countrys cyberspace regulator officially registered the companys on-device generative AI service for use on iPhones. The approval marks a...

Alibaba Stock Jumps as China Approves Apple Intelligence Powered by Qwen AI

Alibaba Group shares climbed about 5% in U.S. premarket trading on Wednesday after Chinese regulators approved Apples on-device artificial intelligence platform for launch in China, marking a major step for the iPhone...

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...
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