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Asia Roundup: Yen rallies as coronavirus worries deepen, gold set for 5th straight weekly gain, Asian shares slump - Friday, July 10th, 2020

Jul 10, 2020 07:29 am UTC| Market Roundups

Market Roundup Oil heads for weekly decline Gold poised for 5th straight weekly rise Economic Data Ahead No major economic data releases Key Events Ahead No Significant Events...

America’s Roundup: Dollar climbs from four-week low as U.S. stocks decline, Wall Street dips, Gold slips after nine-year high, Oil slips on fears rising COVID-19 cases to clip demand-July 10th,2020

Jul 09, 2020 21:43 pm UTC| Market Roundups

Market Roundup US Weekly jobless claims rise less than expected Euro falls from 1-month high vs dollar Canada June Housing Starts 211.7K, 198.0K forecast, 193.5K previous US Jobless Claims 4-Week Avg...

Europe Roundup: Sterling rises on delayed response to Sunak's economic plan,European shares gain, Gold rises towards nine-year peak , Oil slips as coronavirus fears offset gasoline recovery signs-July 9th,2020

Jul 09, 2020 12:54 pm UTC| Market Roundups

Market Roundup German May Exports (MoM) 9.0%,13.8% forecast, -24.0% previous German May Trade Balance 7.6B, 5.2B forecast, 3.2B previous German May Imports (MoM) 3.5%,12.0% forecast, -16.5% previous German...

Asia Roundup: Aussie extends gains on risk-on trades, yen rallies as COVID-19 cases grow, Asian shares surge - Thursday, July 9th, 2020

Jul 09, 2020 07:07 am UTC| Market Roundups

Market Roundup Oil steadies amid coronavirus fears Gold holds above $1,800 level Economic Data Ahead No major economic data releases Key Events Ahead No Significant Events...

Americas Roundup: U.S. dollar slides to two-week low,Wall Street inches up, Gold smashes through $1,800 level,Oil falls as rise in virus cases, U.S. inventories stall recovery-July 9th,2020

Jul 08, 2020 19:46 pm UTC| Market Roundups

Market Roundup Brazil May Retail Sales (YoY) 13.9%, -12.1% forecast,-16.8% previous Brazil May Retail Sales (MoM) -7.2%, 6.0%,-16.8% previous Russia June CPI (MoM) 0.2%,0.3% forecast, 0.3% previous Russia...

Europe Roundup: Sterling rises to three-week highs on news of Brexit talks, European shares slip, Gold steadies, Oil stable as rising virus cases, higher U.S. crude stockpiles stall recovery-July 8th,2020

Jul 08, 2020 12:39 pm UTC| Market Roundups

Market Roundup Swiss June Unemployment Rate n.s.a. 3.2%,3.4% forecast,3.4% previous Swiss June Unemployment Rate s.a. 3.3%, 3.6% forecast, 3.4% previous US MBA Purchase Index 325.2, 308.7 previous US Mortgage...

Asia Roundup: Aussie eases as virus cases mount, gold steadies near more than 8-year high, Asian shares nudge lower - Wednesday, July 8th, 2020

Jul 08, 2020 07:15 am UTC| Market Roundups

Market Roundup Oil dips on U.S. inventory build Gold steadies near highest since November 2011 Economic Data Ahead No major economic data releases Key Events Ahead (0445 ET/0845 GMT)...

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Economy

OPEC insists it did not intend to drive US shale out of business

OPEC Secretary Mohammad Barkindo said the group did not intend to drive US shale oil producers out of business, in response to US barrels price briefly turning negative in April. In April, the group agreed on the single...

Korean shipbuilders suffer 67% dip in new orders

South Koreas shipbuilders posted 1.18 million compensated gross tons (CGTs) of new orders in the first half of 2020, 67 percent less from the 3.58 million CGTs last year. Globally, new shipbuilding orders plunged 57...

Shanghai shopping event induces consumption in city

Shanghai municipal governments May 5 Shopping Festival helped the citys total consumption over the past two months to return to the same level last year. The festival attracted over 520,000 online sellers and nearly...

Japan's May exports to S. Korea down to 11-year low of 3.66-T won

Japans exported 3.66 trillion won worth of goods to South Korea in May, down 18 percent from last year, which is lowest in 11 years due to the pandemic and trade dispute between the two countries. Japans shipments of...

US refrains from slapping antidumping duties on S. Korean cold-rolled steel

The US refrained from imposing antidumping duties on cold-rolled steel from Hyundai Steel Co. and POSCO, which would help boost trade between the two countries. The US Department of Commerce determined that cold-rolled...

Politics

Donald Trump: POTUS' former lawyer Michael Cohen brought back to jail

There have been a handful of aides of Donald Trump that was sent to jail, including his former lawyer Michael Cohen. In the midst of the pandemic, Cohen was ordered to be brought back to jail to continue serving his...

Donald Trump: Supreme Court rules POTUS's taxes to be released to Grand Jury

For a long time, Donald Trump has tried to evade the efforts to show his tax returns and his other financial records. Now it appears impossible for Trump to evade any longer as the Supreme Court ruled that it be released...

Melania Trump: FLOTUS visits the Mary Elizabeth House

First lady, Melania Trumps Be Best initiative, puts the overall well-being of children front and center. Recently, Mrs. Trump visited the Mary Elizabeth House to personally deliver some care packages to the staff and...

Melania Trump: New tell-all book reportedly 'thrashes the First Lady and here's its release date

Melania Trump will surely hug the headlines again once the new tell-all book about her is published. This can be controversial and filled with explosive claims since the author is the First Ladys former confidante who was...

Science

Paleontologists discover pocket-sized ancestor of the dinosaurs

Dinosaurs are more commonly believed to be large living beings, from being similar in size to a child to as massive as a house or even a small building. However, paleontologists recently discovered fossilized remains of...

Dilophosaurus shown in 'Jurassic Park' is more bird-like than lizard, says scientists

The Dilophosaurus was made famous through the Jurassic Park movie and is shown as having a similar appearance to a lizard. However, a new study finds that the actual Dilophosaurus did not resemble a lizard, but looked more...

NASA: Hubble Space Telescope detects a galaxy moving away from Earth

When it comes to galaxies, many often hear about these celestial objects merging with one another. However, the opposite is not heard about as much. Recently, the Hubble Space Telescope was able to witness just that, with...

New study suggests Cerne Abbas Giant actually dates back to the Medieval period

The Cerne Abbas Giant has been met with some debate regarding its history among archaeologists. Now, a new study suggests that the historic figure may not be as ancient as many may believe it to be. Researchers,...

Technology

‘World of Warcraft: Shadowlands’: Blizzard confirms release window in fall

Video game companies, for much of the first half of 2020, learned to adjust to new workplace setups due to the global COVID-19 pandemic. Even then, Blizzard Entertainment assures fans that World of Warcraft: Shadowlands is...

Poco M2 Pro: $200 smartphone with a quad camera and 33W fast charger

After months of leaks and speculations, the Poco M2 Pro has finally been announced by Poco India. Most of the expected specs and features have now been confirmed for the device, and so is the one caveat that some tech fans...

‘Cyberpunk 2077’: The role of Judy Alvarez and Evelyn Parker in V’s upcoming missions

Night City Wire has done its job of keeping the hype up for Cyberpunk 2077, but a welcome bonus was the unveiling of two non-playable characters named Evelyn Parker and Judy Alvarez. Online discussions prove their brief...

‘The Last of Us 2’: Naughty Dog condemns myriad of online death threats targeting cast and devs

The launch of The Last of Us 2 has been bittersweet for Naughty Dog in the few weeks that the game is out in the wild. Aside from high scores from critics, the developers and cast members have been receiving vile comments...
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