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Asia Roundup: Aussie steadies despite soft wage data, dollar off 4-1/2 month peak against yen as N. Korea suspends talks, Asian shares tumble - Wednesday, May 16th, 2018

May 16, 2018 06:50 am UTC| Market Roundups

Market Roundup N.Korea says may reconsider summit with Trump, suspends talks with South Japan Q1 GDP -0.2% q/q, -0.6% annualized, unch/-0.2% eyed China Apr China House Prices YY, 4.7%, prev 4.9% U.S....

America's Roundup: Dollar hits 2018 peak, supported by yields, retail sales data, Wall Street ends lower, Gold hits fresh 2018 low, Oil supported by Iran sanction fears, holds near 2014 highs-May 16th, 2018

May 15, 2018 20:20 pm UTC| Market Roundups

Market Roundup US Apr Retail Sales MM, 0.3%, 0.3% forecast, 0.6% previous. US Apr Retail Sales Ex-Autos MM, 0.3%, 0.5% forecast, 0.2% previous. US Apr Retail Ex Gas/Autos, 0.3%, 0.3% previous. US Apr Retail...

America's Roundup: Dollar hits 2018 peak, supported by yields, retail sales data, Wall Street ends lower, Gold hits fresh 2018 low, Oil supported by Iran sanction fears, holds near 2014 highs-May 16th, 2018

May 15, 2018 20:20 pm UTC| Market Roundups

Market Roundup US Apr Retail Sales MM, 0.3%, 0.3% forecast, 0.6% previous. US Apr Retail Sales Ex-Autos MM, 0.3%, 0.5% forecast, 0.2% previous. US Apr Retail Ex Gas/Autos, 0.3%, 0.3% previous. US Apr Retail...

Europe Roundup: Sterling consolidates on mixed employment report, euro eases as Eurozone's economic growth slows, European shares rebound - Tuesday, May 15th, 2018

May 15, 2018 11:32 am UTC| Market Roundups

Market Roundup EUR/USD -0.02%, USD/JPY 0.20%, GBP/USD -0.07%, EUR/GBP 0.07% DXY 0.15%, DAX -0.14%, FTSE -0.21%, Brent 0.91%, Gold -0.18% U.S., China still very far apart on trade - U.S. ambassador Oil...

Asia Roundup: Aussie off highs after RBA minutes, dollar rallies following rise in U.S. Treasury yields, crude oil hovers near 3-1/2-year peak - Tuesday, May 15th, 2018

May 15, 2018 07:00 am UTC| Market Roundups

Market Roundup China Apr Industrial Output YY, 7.0%, fcast 6.3%, last 6.0% China Apr Retail Sales YY, 9.4%, fcast 10.0%, last 10.1% China Apr Urban investment (ytd)YY, 7.0%, fcast 7.4%, last 7.5% U.S.,...

America's Roundup: Dollar inches higher, reversing earlier weakness ,Wall Street edges higher, Gold prices dip, Oil gains while U.S. crude's discount to Brent deepens-May 15th, 2018

May 14, 2018 20:48 pm UTC| Market Roundups

Market Roundup Israeli forces kill dozens in Gaza as U.S. Embassy opens in Jerusalem. Feds Bullard says U.S. yield curve might invert by early 2019. Cryptocurrencies only adding to tangled market - Feds...

Europe Roundup: Euro rises for third straight session, dollar slips further from 2018 peak, oil on the back foot on rising US drilling activity, European shares trade in red - Monday, May 14th, 2018

May 14, 2018 11:43 am UTC| Market Roundups

Market Roundup EUR/USD 0.28%, USD/JPY 0.16%, GBP/USD 0.29%, EUR/GBP 0.01% DXY -0.18%, DAX -0.16%, FTSE -0.06%, Brent -0.21%, Gold 0.19% Oil slips from multi-year highs as U.S. rig count rises Feds...

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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

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...

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...

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

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...

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...
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