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Europe Roundup: Investors dubious about central banks' effectiveness, dollar lowest since Jan 2015, oil slides and gold rises- Tuesday, May 3rd, 2016

May 03, 2016 11:52 am UTC| Market Roundups

Market Briefs DXY -0.55%, USD/JPY -0.65%, EUR/USD +0.5%, GBP/USD +0.1%. USD/JPY hits new low 105.55, Cross Supported by EUR/USD. Brent -1.05%, Gold +0.5%, AUD/USD -1.10%. Swiss Q2 Consumer Confidence...

Asia Roundup: RBA cuts cash rate by 25 bps to a record low of 1.75 pct, Gold and oil turn higher - Tuesday, May 3rd, 2016

May 03, 2016 07:15 am UTC| Market Roundups

Market Roundup Australia central bank cuts rates 25bps to 1.75%. RBA Says Rising AUD Could Complicate Economic Adjustment. China April Caixin manufacturing PMI Falls to 49.4, 14th Month of Contraction (Vs...

Americas Roundup:Sterling hits 5-month high against dollar, oil down 3 pct on OPEC output hike-May 03, 2016

May 02, 2016 22:18 pm UTC| Market Roundups

Market Roundup US Mar construction spending rises 0.3% vs -0.5 in Feb, below 0.5% forecast. US Apr ISM Mfg index 50.8 in April vs forecast 51.4%, 51.8% in Mar, prices paid up, new orders fall. US Mfg final PMI...

Europe Roundup: Japan's Nikkei and European banking shares keep global markets gloomy, dollar hits 18-month low vs yen, oil slides- Monday, May 2nd, 2016

May 02, 2016 11:11 am UTC| Market Roundups

Market Briefs Japan officials silent Monday as USD/JPY hits multi-month low. USD/JPY falls to low not seen since October 2014. Fin Min Aso: Yens strength extremely concerning - Japanese media (weekend...

Asia Roundup: Asian markets in red, Yen touches a fresh 18-month high against the greenback and Gold remains supported around fresh 15 –month high at $1296 - Monday, May 02nd, 2016

May 02, 2016 07:20 am UTC| Market Roundups

Market Roundup Taiwan April Manufacturing PMI Falls to 49.7 Vs 51.1 in March. Taiwan New Orders Shrink at Fastest Pace since Oct 2015. Japan Final April manufacturing PMI Falls to 48.2 (Vs Flash 48.0, March...

Americas Roundup: Dollar posts worst week vs yen since 2008, US stocks fall-April 30th, 2016

Apr 29, 2016 22:21 pm UTC| Market Roundups

Market Roundup US Mar Personal Income 0.4% vs. forecast 0.3% prior 0.1% (rev from 0.2%) US Mar Personal Consumption 0.1% vs. forecast 0.2% prior 0.2% (rev from 0.1%) US Mar Core PCE price index m/m 0.1% vs/...

Europe Roundup: Euro rises on upbeat GDP data, sterling hits 12-week high, European shares slump - Friday, April 29th, 2016

Apr 29, 2016 12:10 pm UTC| Market Roundups

Market Roundup Dollar index hits 93.248 2016 low: Broad based losses building USD/JPY -1.0%, EUR/USD +0.23%, GBP/USD -0.16% DAX -0.85%, Brent +0.56%, Gold +1.25%, DXY -0.25% Germany Mar Retail Sales...

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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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