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Asia Roundup: Antipodeans gain despite mixed Chinese data, dollar eases U.S. retail sales, consumer price data disappoints, Asian share hit 2-year peak - Monday, May 15th, 2017

May 15, 2017 06:05 am UTC| Market Roundups

Market Roundup China Apr industrial output +6.5% y/y vs fcast +7.1% China Apr retail sales +10.7% y/y vs fcast +10.6% China Jan-Apr fixed-asset investment +8.9% y/y vs fcast +9.1% China Jan-April...

Americas Roundup: Dollar slips after weaker-than-expected U.S. inflation, sales data, US stocks falls, Oil up slightly, low U.S. inventories weigh on high rig counts-May 13th, 2017

May 12, 2017 21:24 pm UTC| Market Roundups

Market Roundup US Core CPI YY NSA 1.9% v 2.0% forecast, 2.0% -previous. US CPI YY NSA 2.2% v 2.3% forecast, 2.4% - previous. US Retail sales MM 0.4% v 0.6% forecast, 0.1% - previous. US Business inventories...

Europe Roundup: Sterling hits 1-week low, dollar steadies near 3-week peak on Fed rate hike bets, investors eye U.S. CPI figures - Friday, May 12th, 2017

May 12, 2017 11:49 am UTC| Market Roundups

Market Roundup EUR/USD +0.1%, USD/JPY -0.2%, GBP/USD -0.2%, EUR/GBP +0.3% DXY flat, DAX +0.1%, FTSE +0.2%, Gold +0.3%, Brent -0.2% Dollar heads for strongest week this year on Fed hike bets EZ Mar...

Asia Roundup: Antipodeans on track for weekly losses, dollar supported by Fed rate hike view, crude oil gains on output cut expectations - Friday, May 12th, 2017

May 12, 2017 06:22 am UTC| Market Roundups

Market Roundup China c.bank injects 66.5 bln yuan via 6-mth MLF and 392.5 bln yuan via 1-yr MLF - statement China launches emergency probe on banks to check risky lending - sources U.S., China reach deals...

Americas Roundup: Dollar weakens but outlook stays positive on Fed hike view, Wall Street dips, Oil gains on more support for OPEC cuts, optimism about U.S. crude draw-May 12th, 2017

May 11, 2017 20:47 pm UTC| Market Roundups

Market Roundup US Initial jobless claims 236k v 245k forecast, 238k previous. US Jobless claims 4-wk Avg 243.5k, 243k - previous. US PPI final demand YY 2.5% v 2.2% forecast, 2.3% - previous. US PPI final...

Europe Roundup: Sterling slides on downbeat economic data, dollar off 8-week peak against yen, European shares trade in red - Thursday, May 11th, 2017

May 11, 2017 11:38 am UTC| Market Roundups

Market Roundup EUR/USD +0.05%, USD/JPY -0.1%, GBP/USD -0.15%, EUR/GBP +0.2% DXY -0.1%, DAX flat, Silver +1.4%, Copper +1.8%, Brent +1.6% Sterling dips after UK output data disappoints, trade gap...

Asia Roundup: Kiwi hits 11-month low as RBNZ stands pat, dollar touches 8-week peak against yen, sterling consolidates ahead of BoE policy meeting - Thursday, May 11th, 2017

May 11, 2017 05:59 am UTC| Market Roundups

Market Roundup RBNZ holds rates at 1.75%, retains neutral bias RBNZ gov: Need to see pick-up in inflation to consider tightening RBNZ assistant gov: Inflation expectations unchanged, rate bias...

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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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