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Europe Roundup: Euro hits 3-month high, on course for third week of gains, European shares gain, Gold falls, Oil rises as traders await OPEC+ meeting on extending supply cuts-June 5th,2020

Jun 05, 2020 12:14 pm UTC| Market Roundups

Market Roundup German April Factory Orders (MoM) -25.8%,-19.7% forecast, -15.6% previous Spanish April Industrial Production (YoY) -33.6%,-12.2% previous UK May Halifax House Price Index (MoM) -0.2%,-0.7%...

Asia Roundup: Euro at 2-1/2 month peak as ECB expands stimulus, greenback plunges ahead of U.S. nonfarm payroll report, Asian shares surge - Friday. June 5th, 2020

Jun 05, 2020 06:35 am UTC| Market Roundups

Market Roundup Oil edges higher as traders eye producer talks Gold eases for third straight week Economic Data Ahead (0330 ET/0730 GMT) UK Halifax House Prices (YoY/3m)(May) (0330 ET/0730...

America’s Roundup: Dollar slides as risk appetite grows, US stocks ends mixed, Gold gains 1%, Oil prices steady as market awaits clarity on OPEC+ output cuts-June 4th,2020

Jun 04, 2020 22:08 pm UTC| Market Roundups

Market Roundup ECB beefs up its bond-buying programme U.S. weekly jobless claims drop below 2 million Markets awaiting U.S. payrolls report on Friday US Imports 232.20B previous 200.69B, 232.20B...

Europe Roundup: Euro falls ahead of ECB meeting, European shares inch lower, Gold gains, Oil drops on U.S. inventories and doubts over output cuts-June 3rd, 2020

Jun 04, 2020 12:09 pm UTC| Market Roundups

Market Roundup Swiss May CPI (YoY) -1.3%,-1.3% forecast, -1.1% previous Swiss May CPI (MoM) 0.0%,0.1% forecast, -0.4% previous EU May IHS Markit Construction PMI 40.1, 31.9 previous UK May Construction...

Asia Roundup: Aussie consolidates near 4-month peak, dollar gains against yen as risk appetite improves, investors eye ECB meeting outcome - Thursday, June 4th, 2020

Jun 04, 2020 06:30 am UTC| Market Roundups

Market Roundup Oil prices fall on doubts over output cuts Gold rises on political frictions Economic Data Ahead (0500 ET/0900 GMT) EZ Retail Sales (YoY)(Apr) (0500 ET/0900 GMT) EZ Retail...

America’s Roundup: Dollar falls as other economies enter recovery, Wall Street ends higher, Gold slumps 2%,Oil moves higher, hovers below $40 as doubts emerge over next step on OPEC cuts-June 4th,2020

Jun 04, 2020 02:12 am UTC| Market Roundups

Market Roundup US May ADP Nonfarm Employment Change-2,760K, -9,000K forecast, -20,236K previous Canada Labor Productivity (QoQ) (Q1) 3.4%,1.2% forecast, -0.1% previous Brazil May Markit Services PMI 27.6, 27.4...

Europe Roundup: Euro gains for the seventh day against dollar ,European shares rise, Gold dips, Oil tops $40 on OPEC cuts and demand recovery-June 3rd 2020

Jun 03, 2020 12:21 pm UTC| Market Roundups

Market Roundup Swiss GDP (YoY) (Q1) -1.3%,-0.9% forecast, 1.5% previous Swiss GDP GDP (QoQ) (Q1) -2.6%,-2.0% forecast, 0.3% previous Russia May Markit Services PMI 35.9, 12.2 previous Italian May Services...

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Economy

Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs

The Port of Los Angeles handled a record amount of cargo in June as importers accelerated shipments ahead of higher fuel costs and new U.S. tariffs, highlighting continued strength in U.S. trade activity despite growing...

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...

Politics

NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

The New York Times has asked a federal court to block grand jury subpoenas issued to three of its journalists following their reporting on President Donald Trumps new Qatari-donated Air Force One, escalating a legal battle...

Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

U.S. President Donald Trump has ordered Immigration and Customs Enforcement (ICE) agents to resume using traffic stops during immigration enforcement operations, reversing a temporary suspension announced just a day...

Russian Missile Strike Sparks Fires in Kyiv After Early Morning Air Alert

Russian missiles struck at least two districts in Ukraines capital, Kyiv, early Thursday, igniting fires and prompting authorities to issue an air raid alert before declaring the immediate danger over. Kyiv Mayor Vitali...

Senate Weighs Permanent Daylight Saving Time Bill as Support Remains Uncertain

The U.S. Senate is reviewing legislation that would make daylight saving time permanent nationwide, but Senate Majority Leader John Thune said it remains uncertain whether the proposal has enough support to pass the...

Trump Slams New York Data Center Ban, Warns AI Investment Could Shift to Other States

U.S. President Donald Trump sharply criticized New Yorks new one-year moratorium on large-scale data center construction, arguing that the move will discourage investment, eliminate jobs, and weaken the states position in...

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

xAI Sues Man for Allegedly Using Grok to Generate AI Child Abuse Deepfakes

Elon Musks artificial intelligence company xAI has filed a federal lawsuit against a South Carolina man accused of using its Grok chatbot to generate child sexual abuse material (CSAM) and non-consensual explicit...

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...

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...
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