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Americas Roundup: Euro hits lowest vs dollar since December 2002, Oil dives 2 pct, strong dollar knocks crude off 18-month high-January 4th, 2017

Jan 03, 2017 21:42 pm UTC| Market Roundups

Market Roundup US Markit Mfg PMI Final 54.3 v 54.2 previous. US construction spending 0.95% V 0.6% forecast 0.6% previous. US ISM Mfg PMI 54.7 v 53.6 forecast, 53.2 previous. US ISM Mfg prices paid 65.5 v...

Europe Roundup: Sterling hits 2-week peak against euro on upbeat manufacturing PMI, euro slips below 1.0400, European shares gain amid risk-on sentiment - Tuesday, January 3rd, 2017

Jan 03, 2017 12:11 pm UTC| Market Roundups

Market Roundup Dollar index rises more than 1 percent on day to six-day high of 103.45 Euro slips below $1.04 for first time in six days, down 0.6 percent on day Turkish lira weakens to record low level of...

Asia Roundup: Antipodeans rally on upbeat Chinese manufacturing PMI, crude oil rises as production cut takes effect, Asian shares advance amid subdued trading - Tuesday, January 3rd, 2017

Jan 03, 2017 06:29 am UTC| Market Roundups

Market Roundup Singapore Q4 GDP +9.1 pct qtr/qtr annualized and seasonally adjusted Reuters poll +3.7 pct Singapore Q4 GDP +1.8 pct yr/yr Reuters poll +0.6 pct Singapore Q4 manufacturing +14.6 pct qtr/qtr...

Europe Roundup: Eurozone stocks hit over 1-year highs on first trading day of 2017, dollar index recovers from two-week low - Monday, January 2nd, 2017

Jan 02, 2017 12:03 pm UTC| Market Roundups

Market Roundup Germanys 10-year government bond yield falls to eight-week low of 0.158 pct, down 5 bps on day Tradeweb Bitcoin jumps above $1,000 for first time in three years, trades up over 2 percent on day...

Asia Roundup: India Nikkei manufacturing PMI shows biggest month-on-month decline since November 2008, crude marginally higher in holiday thinned calendar - Monday, January 02, 2016

Jan 02, 2017 07:03 am UTC| Market Roundups

Market Roundup ANZ - Taiwan central bank likely to enter hiking cycle in 2017. Indias December Nikkei Markit manufacturing PMI decreases to 49.6 vs previous 52.3. South Koreas December Nikkei Markit...

Americas Roundup: U.S. dollar posts 2016 gain on Trump victory, Fed forecasts, Oil down but ends year with biggest gain since 2009,Gold rises 8 pct in 2016, snaps three-year losing streak-December 31st,2016

Dec 30, 2016 22:50 pm UTC| Market Roundups

Market Roundup U.S. Chicago PMI misses 54.6 vs Reuters consensus 57.0, previous 57.6. U.S. dollar share of global currency reserves slips in 3rd quarter. ECBs Coeure says policy normalisation must be...

Europe Roundup: EUR/USD surges to 1.0653 on short-lived euro spike, Gold hits 2-week high - Friday, December 30th, 2016

Dec 30, 2016 11:03 am UTC| Market Roundups

Market Roundup Russian foreign minister Lavrov says allegations that Russia interfered in U.S. elections are baseless TASS Lavrov says Russia will not leave U.S. sanctions unanswered - TASS Russian...

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Economy

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

​South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

Most Asian currencies edged lower on Wednesday as investors weighed the U.S. Federal Reserves future interest rate path following mixed signals from the latest U.S. labor market data. At the same time, the Indian rupee...

Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty

Gold prices climbed during Asian trading on Wednesday, while silver prices surged to a fresh all-time high, as growing concerns over the U.S. economy fueled strong demand for safe haven assets. Investors increasingly...

Politics

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

Trump Administration Plans Major Increase in Denaturalization Cases for Naturalized U.S. Citizens

The Trump administration is preparing to significantly expand efforts to revoke U.S. citizenship from some naturalized Americans, according to a report by The New York Times citing internal government guidance. Newly...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

A European privacy advocacy group has filed fresh complaints against TikTok, Grindr, and AppsFlyer, accusing the companies of violating European Union privacy laws by unlawfully tracking and sharing sensitive user data...

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...
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