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Europe Roundup: Euro off 2-1/2-month low on upbeat Eurozone economic sentiment data, dollar continues to rise on Fed rate hike expectations, European shares hit 1-month highs - Monday, May 30th, 2016

May 30, 2016 12:39 pm UTC| Market Roundups

Market Roundup UK and U.S holidays today USD/JPY +0.65%, EUR/USD +0.24%, GBP/USD -0.05% DXY -0.15%, DAX +0.26%, Brent -0.65%, Iron +0.87% Switzerland May KoF Ind. 102.9 vs 102.6 revised previous, 102.8...

Asia Roundup: Yen slumps hits 1-month low against the dollar, Antipodeans hover near multi-month lows, gold slips below $1200 mark - Monday, May 30th, 2016

May 30, 2016 06:47 am UTC| Market Roundups

Market Roundup Specs turn net long USD for first time in six weeks, JPY net longs down large, EUR net shorts expand. Japan PM Abe seeks fresh stimulus on heels of G7 summit, after Upper House election, Y5-10...

Americas Roundup:Dollar gains, bond prices fall after Yellen remarks,oil slips for 2nd day as $50 level sparks new output fears-May 28th,2016

May 27, 2016 23:08 pm UTC| Market Roundups

Market Roundup US economic growth revised higher in Q1 (Q1 GDP raised to 0.8%); corporate profits rebound. US Q1 PCE/Core PCE prelim prices on target. UMich consumer current conditions index highest since Jan...

Europe Roundup: Gold on track for a fourth straight weekly drop, U.S. stock index futures little changed as investors brace for US GDP data and Yellen's speech - Friday, May 27th, 2016

May 27, 2016 12:17 pm UTC| Market Roundups

Market Roundup UK May GfK Consumer Confidence -1 vs -3 previous, -1 expected Switzerland Q1 Non-Farm Payrolls 4.878 mln vs 4.897 mln previous Sweden Apr Retail Sales +1.7% y/y vs 2.0% prev, 1.9%...

Asia Roundup: Oil retreats from multi-month highs on stronger dollar and supply concerns, Focus on US GDP numbers and Fed Chair Yellen’s speech - Friday, May 27th, 2016

May 27, 2016 10:10 am UTC| Market Roundups

Market Roundup G7 leaders declaration Commits to growth, shuns FX devaluations and disorderly moves - Reuters. Government sources Japan PM Abe set to delay sales tax hike Reuters. Japan PM Abe...

Americas Roundup: Dollar slips after U.S. data dampen Fed rate hike bets, oil dips after hitting $50/bbl as glut worries resurface -May 27th, 2016

May 26, 2016 21:41 pm UTC| Market Roundups

Market Roundup U.S. pending home sales jump to highest level since early 2006 (+5.1% vs 0.6% forecast, 1.6% previous) U.S. durable goods surge on transportation (+3.4% vs forecast +0.5%), but business spending...

Europe Roundup: Sterling weakens on downbeat business investments data, dollar index hovers away from 2-month highs, European shares gain - Thursday, May 26th, 2016

May 26, 2016 11:51 am UTC| Market Roundups

Market Roundup EUR/USD =0.24%, USD/JPY -0.2%, GBP/USD +0.05%, AUD/USD +0.25% DXY -0.2%, DAX -0.2%, Brent +0.75%, iron -0.7%, Gold +1.0% Switzerland Q1 Ind. Orders -2.2 y/y vs -7.4% revised previous UK...

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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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