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Americas Roundup: Dollar holds near lowest vs euro in nearly 14 months, Wall Street dips, Oil extends gains to sixth day on dip in U.S. output-June 30th, 2017

Jun 29, 2017 21:01 pm UTC| Market Roundups

Market Roundup US GDP Final Q1 1.4% vs 1.2% forecast, 1.2% previous. US Core PCE Prices Final Q1 2% vs 2.1% forecast, 2.1% previous. US Initial Jobless claims w/e 244k vs 240k forecast, 242k previous. US...

Europe Roundup: Sterling rises above 1.300 on BoE rate hike bets, euro hits 14-month high as ECB turns hawkish, European shares volatile - Thursday, June 29th, 2017

Jun 29, 2017 11:08 am UTC| Market Roundups

Market Roundup EUR/USD +0.25%, USD/JPY +0.17%, GBP/USD +0.28, EUR/GBP -0.03% DXY -0.15%, DAX -0.33%, FTSE +0.27%, Brent 0.44%, Gold -0.20% German consumer morale at highest level since Oct. 2001 heading...

Asia Roundup: Aussie hits 3-month peak on upbeat economic data, dollar index hits 9-month low, investors eye BoJ Yutaka Harada’s speech -Thursday, June 29th, 2017

Jun 29, 2017 05:57 am UTC| Market Roundups

Market Roundup Japan May retail sales -1.6% m/m, +2.0% y/y, +2.6% y/y eyed, Apr +1.4%, +3.2% MoF flow data w/e 6/24 -Japanese light buyers of foreign bonds, stocks Foreigners sell net Y1.46 trln JGBs, good...

Americas Roundup: Dollar extends fall as delayed U.S. healthcare vote and hawkish European policy hurts greenback, Wall Street rally, Oil rises more than 1 pct on U.S. weekly production decline -June 29, 2017

Jun 28, 2017 20:20 pm UTC| Market Roundups

Market Roundup US Pending Home Sales Change MM May -08.% vs 0.8% forecast, -1.7% previous. US MBA Mortgage Application w/e -6.2%, 0.6% previous. US Mortgage Market Index w/e 417.4, 445.2 previous. US MBA...

Europe Roundup: Euro hits 1-year peak following ECB Draghi's hawkish comments, dollar slumps despite rise in U.S. Treasury yields, European shares touch 2-month trough - Wednesday, June 28th, 2017

Jun 28, 2017 11:52 am UTC| Market Roundups

Market Roundup EUR/USD +0.24%, USD/JPY -0.15%, GBP/USD flat, EUR/GBP +0.24% DXY -0.12%, DAX -0.47%, FTSE -0.01%, Brent -0.17%, Gold +0.40% Cyber-attack sweeps globe, researchers see WannaCry...

Asia Roundup: Dollar tumbles on U.S. healthcare vote delay, euro hits 10-month peak after ECB Draghi's upbeat comments, Asian shares decline - Wednesday, June 28th, 2017

Jun 28, 2017 06:25 am UTC| Market Roundups

Market Roundup China firms Q2 revenue, hiring up but deleveraging poses risks -survey PBOC sets yuan mid point at 6.8053/dlr, strongest since June 19 Trump growing frustrated with China, weighs trade steps...

Americas Roundup: Euro hits 10-month high vs dollar on Draghi comments, U.S. healthcare vote delay, Wall Street slides, Oil prices up 2 pct on weaker dollar, short-covering-June 28th,2017

Jun 27, 2017 20:52 pm UTC| Market Roundups

Market Roundup US Consumer Confidence Jun 118.9, vs 116 forecast, 117.6 previous. US Richmond Fed Comp Index Jun +7.0, 1 previous. US Dallas Fed Services Revenue Jun 14.8, 15.9 previous. US Texas Serv Sect...

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Economy

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,...

South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index

South Koreas KOSPI has entered a bear market after falling about 25% from its record high reached in late June, highlighting the sharp reversal of one of the worlds strongest equity rallies. Despite the decline, the...

Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data

The Japanese yen held steady on Tuesday as investors remained alert to the possibility of currency intervention from Tokyo, while most Asian currencies traded in narrow ranges ahead of closely watched U.S. inflation data...

China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts

Chinas exports and imports grew far more than expected in June, highlighting the resilience of the countrys trade sector as strong global demand for artificial intelligence (AI)-related products and technology goods helped...

Politics

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...

Trump Says U.S. Strikes on Iran Will Continue Until Nuclear Deal Is Reached

U.S. President Donald Trump said Tuesday that the United States remains in direct contact with Iranian officials but warned that military operations against Iran will continue until Tehran agrees to a new deal, signaling...

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens in the Democratic Republic of Congo (DRC) as the country faces a worsening Ebola outbreak, according to a White House official. Under the...

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

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...

Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion

Australias online safety regulator has warned that major technology companies, including Apple, Meta, Google, Microsoft and Snap, still have significant shortcomings in tackling child sexual abuse and the rising threat of...

SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan

SoftBank Corp (TYO:9434) announced on Tuesday a strategic partnership with AI startup Sierra to expand artificial intelligence-powered customer support services across its operations in Japan, marking another step in the...
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