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Europe Roundup: Sterling hits 6-week low on polls indicating risk of UK hung parliament, euro gains on upbeat economic data, crude oil falls over 1pct on rising output - Wednesday, May 31st, 2017

May 31, 2017 11:41 am UTC| Market Roundups

Market Roundup EUR/USD +0.07%, USD/JPY -0.06%, GBP/USD -0.3%, AUD/USD -0.13% DXY +0.01%, DAX +0.11%, FTSE +0.19%, Gold +0.13% Eurozone May inflation estimated at 1.4 pct y/y vs 1.9 pct in...

Asia Roundup: Antipodeans hit multi-week highs on better-than-expected Chinese manufacturing data, crude oil eases as rising output undermines cuts, Asian shares steady - Wednesday, May 31st, 2017

May 31, 2017 06:29 am UTC| Market Roundups

Market Roundup UK PM May could lose majority in UK parliament -YouGov China May mfg PMI 51.2 vs fcast 51.0, Apr 51.2 China May services PMI 54.5, Apr 54.0 China May steel PMI 54.8, Apr 49.1 Japan...

Americas Roundup: Dollar weakens as global mood turns cautious, US stocks slip, Oil prices slide on worries Libya output will feed glut-May 31st, 2017

May 30, 2017 20:36 pm UTC| Market Roundups

Market Round US Core PCE Price Index MM Apr 0.2% vs 0.1% forecast, -0.1% previous. US Consumer Confidence May 117.9 vs 119.8 forecast, 119.4 previous. US Consumption Adjusted MM Apr 0.4% vs 0.4% forecast, 0.3%...

Europe Roundup: Sterling extends gains as investors speculate PM May's victory, euro hits 1-1/2 week low on weak economic data, European shares decline - Tuesday, May 30th, 2017

May 30, 2017 12:19 pm UTC| Market Roundups

Market Roundup EUR/USD -0.04%, USD/JPY -0.22%, GBP/USD +0.15%, AUD/USD +0.13% DXY +0.03%, DAX -0.09%, FTSE -0.41%, Gold -0.22% Eurozone May business climate falls to 0.90 (Rtrs poll 1.11) from 1.10 in...

Asia Roundup: Aussie hits a 1-1/2 week low despite upbeat economic data, dollar steadies against sterling, euro amid political uncertainties, Asian shares ease amid holiday-thinned trading - Tuesday, May 30th, 2017

May 30, 2017 06:34 am UTC| Market Roundups

Market Roundup UKs May, Corbyn set out opposing EU no deal stances PM Mays Conservatives lead drop 6 pct, 43 pct vs Labour 37 pct -poll Japan urges China to play bigger role in restraining N. Korea N....

Europe Roundup: Sterling rebounds from 3-week lows, euro gains ahead of ECB President Draghi's speech, European shares decline amid holiday-thinned trading - Monday, May 29th, 2017

May 29, 2017 12:12 pm UTC| Market Roundups

Market Roundup EUR/ EUR/USD +0.04%, USD/JPY +0.04%, GBP/USD +0.3%, AUD/USD -0.05% DXY -0.11%, DAX -0.06%, FTSE +0.4%, Gold +0.05% Feds Williams says Fed committed to shrinking balance sheet...

Asia Roundup: Aussie eases as crude oil declines, dollar falls against yen on risk-off market sentiment, investors await ECB President Draghi’s speech - Monday, May 29th, 2017

May 29, 2017 06:25 am UTC| Market Roundups

Market Roundup N.Korea fires Scud-class ballistic missile, Japan protests Japan PM Abe: Will take steps with US to deter N. Korea Japan will discuss N.Korea with China state councilor - Suga Japan Inc...

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Economy

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...

Goldman Sees Foreign Investors Driving India Stock Market Recovery

Goldman Sachs believes foreign investors could become the key catalyst for Indias next stock market rally after months of heavy selling left global funds significantly underweight on Indian equities. Improving...

Politics

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...

Iranian Missile Strike on UAE Oil Tankers Kills Indian Crew Member in Strait of Hormuz

An Indian crew member was killed and eight others were injured after two United Arab Emirates oil tankers were struck by Iranian cruise missiles in the Strait of Hormuz on Tuesday, marking another major escalation in the...

Trump Recommends Darline Graham for Interim South Carolina Senate Seat

U.S. President Donald Trump announced Monday that he has recommended Darline Graham, the sister of the late Senator Lindsey Graham, to serve as South Carolinas interim U.S. senator, urging Governor Henry McMaster to...

Brazil Court Bars Flavio Bolsonaro From Visiting Jair Bolsonaro Ahead of Election

Brazils political landscape took another dramatic turn after Supreme Court Justice Alexandre de Moraes barred Senator Flavio Bolsonaro from visiting his father, former President Jair Bolsonaro, for 90 days, citing a...

Trump to Deliver National Address on Declassified 2020 Election Intelligence

President Donald Trump is set to deliver a televised national address on Thursday night focused on newly declassified intelligence concerning investigations into the 2020 U.S. election and 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

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...

Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process

Nvidia has reportedly tightened its controls over AI chip sales in Asia by significantly reducing the number of customers authorized to purchase its advanced processors, according to a Financial Times report published...

EU to Propose New Rules Limiting Children's Access to Social Media

The European Commission is preparing to introduce new rules aimed at limiting childrens access to social media platforms, with a formal proposal expected after the summer break, European Commission President Ursula von der...
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