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Asia Roundup: Aussie plunges on global growth fears, sterling gives back gains as BoE slashes interest rates, investors eye ECB policy meeting outcome - Thursday, March 12th, 2020 

Mar 12, 2020 07:56 am UTC| Market Roundups

Market Roundup Gold gains as WHO declares coronavirus pandemic Oil slumps as U.S. bans travel from Europe over pandemic Economic Data Ahead (0500 ET/1000 GMT) EZ Industrial Production w.d.a. (YoY)...

America’s Roundup: Dollar eases on uncertainty over US stimulus plans, Wall Street tumbles, Gold rises 1%,Oil falls as Saudi, UAE plan for higher output capacity-March 12th,2020

Mar 11, 2020 23:10 pm UTC| Market Roundups

Market Roundup Price of U.S. oil declines 4% U.S. stocks slip about 4%, halting Tuesdays rally Markets fully price in ECB rate cut for Thursday US Feb Chicago Fed National Activity -0.67, -0.71 previous ...

Europe Roundup: Sterling dips against dollar after Bank of England emergency rate cut,Gold rises, Oil falls 3% as Saudi, UAE plan for higher output capacity-March 11th,2020

Mar 11, 2020 13:33 pm UTC| Market Roundups Investing

Market Roundup Italian Jan PPI (YoY) -2.3%,4.1% previous Italian Jan PPI (MoM) -0.2%,-0.5% previous UK Jan Construction Output (MoM) -0.8%,0.2% forecast, 0.4% previous U.K. Jan Construction Output...

Asia Roundup: Aussie nudges up as Australia unveils health package, greenback declines amid concerns over U.S. stimulus, Asian shares plunge - Wednesday, March 11th, 2020

Mar 11, 2020 07:13 am UTC| Market Roundups

Market Roundup Oil rises amid hopes for output cut by U.S. producers Gold rises on concerns over U.S. stimulus Australian PM Morrison announces A$2.4 bln health package Economic Data...

America’s Roundup: U.S. dollar bounces on hopes of monetary, fiscal stimulus, Wall Street rebounds, Gold slides, Oil prices bounce 8% after huge drop-March 11th,2020

Mar 10, 2020 21:56 pm UTC| Market Roundups Investing

Market Roundup Brazil Industrial Production (YoY) -0.9%, -1.0% forecast, -1.2% previous Brazil Jan Industrial Production (MoM) 0.9%,0.6%% forecast, -0.8% previous US Redbook (MoM) -0.1%,-0.1% previous ...

Europe Roundup: Euro dips after data shows Eurozone economy slowed in fourth quarter, European shares gain,Gold falls 1%,Oil jumps after Russian signal on OPEC talks-March 10th,2020

Mar 10, 2020 13:29 pm UTC| Market Roundups Investing

Market Roundup French Non-Farm Payrolls (QoQ) (Q4) 0.4%, 0.2% previous French Jan Industrial Production (MoM) 1.2%, 1.8% forecast,-2.5% previous EU Employment Change (QoQ) (Q4)...

FxWirePro: Aussie fails to rebound in response to below-forecast China PPI and coronavirus fears 

Mar 10, 2020 08:34 am UTC| Market Roundups

The Australian dollar declined, hovering towards an 11-year low hit in the previous session, as investors struggled to assess the economic damage caused by the coronavirus. The number of people infected with the virus...

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Economy

South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening

South Koreas central bank raised its benchmark interest rate by 25 basis points to 2.75% on Thursday, marking its first rate hike in three and a half years as policymakers moved to curb persistent inflation and support the...

US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears

U.S. stock index futures traded slightly higher late Wednesday after softer-than-expected June inflation data eased concerns that the Federal Reserve could resume raising interest rates in the near term. However, ongoing...

UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List

UBS has strengthened its bullish stance on Chinese equities by adding Kuaishou Technology (HK:1024) and Meituan (HK:3690) to its China Global Equity Focus List while increasing allocations to Alibaba Group, Ping An...

Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears

Global oil prices extended their rally for a fourth consecutive session on Thursday as renewed U.S. military strikes on Iranian targets heightened concerns over escalating conflict in the Middle East and potential...

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...

Politics

DOJ Refuses to Release Unredacted Jeffrey Epstein Files to New Mexico Investigation

The U.S. Department of Justice (DOJ) said Wednesday it cannot legally release unredacted Jeffrey Epstein files requested by New Mexico officials, deepening a dispute over the states renewed investigation into the late...

US Restricts Commercial Flights From Congo Amid Ebola Outbreak

The United States has introduced new travel restrictions tied to the ongoing Ebola outbreak in the Democratic Republic of Congo (DRC), preventing U.S. citizens and nationals who have been in the country within the previous...

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...

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

Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

JPMorgan Chase CEO Jamie Dimon has warned that Anthropics advanced Mythos artificial intelligence model presents significant national security risks, highlighting growing concerns over the potential misuse of powerful AI...

SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...

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...

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...

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...
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