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Europe Round Up: Sterling reaches 7 1/2 year high vs euro on safe-haven appeal- June 29th, 2015

Jun 29, 2015 11:14 am UTC| Market Roundups

Market Roundup Euro off Greece-driven lows after SNB intervention. SNB Jordan- SNB has intervened in currency market. EUR/CHF down to 1.0315, recovered to 1.040, easier into NY. EUR/USD down to 1.0955,...

Asia Round Up: Euro dives as Uncertainty looms, Greece calls Referendum - June 29th, 2015

Jun 29, 2015 05:38 am UTC| Market Roundups

Market Roundup Greece PM Tsipras announces bank holiday, capital controls, and referendum on bailout July 5, and report cash machines running dry, long gas queues. BOJ not considering emergency liquidity injections...

Americas Roundup: Dollar on winning streak, superior fundamentals bolstered confidence in Fed rate hike, Greek discussions over the weekend will be watched - June 29th, 2015

Jun 26, 2015 20:13 pm UTC| Market Roundups

Market Roundup US U Mich Sentiment Final Jun 96.1, (forecast 94.6, previous 94.6) US U Mich Conditions Final Jun 108.9, (forecast 106.7, previous 106.8) US U Mich Exp Final Jun 87.8, (forecast 86.9, previous...

Europe Round Up: Euro weaker vs yen, franc as Greece worries continue - June 26th, 2015

Jun 26, 2015 10:59 am UTC| Market Roundups

Market Roundup Euro weaker against Yen, CHF as weekend Greek talks eyed. EUR/USD rang bound, plays in between 1.1179/1.1220 levels. EUR/JPY to 137.80 from 138.58 then recovery to 138.42, EUR/CHF fell to 1.0447 from...

Asia Round Up: Yen strengthens on Safe- Haven appeal- June 26th, 2015

Jun 26, 2015 06:16 am UTC| Market Roundups

Market Roundup Japan May household spending +2.4% m/m, +4.8% y/y, +2.2% and +3.4% eyed. Japan May nationwide core CPI +0.1% y/y, Tokyo June core +0.1%, unchanged and +0.1% eyed, overall CPI +0.5%, +0.3%,...

Americas Roundup: Positive US data fails to lift US $, Eurogroup meeting resumes Saturday - June 2nd, 2015

Jun 25, 2015 20:10 pm UTC| Market Roundups

Market Roundup US Personal Spending Real MM May 0.6%, 0%-prev US Continued Jobless Claims w/e 2.247m, f/c 2.215m, 2.225m-prev US Markit Comp Flash PMI Jun 54.6, 56-prev BR Unemployment Rate May 6.7%, f/c 6.6%,...

Europe Round Up: Euro inches higher but stays in recent ranges amid Greece talks- June 25th, 2015

Jun 25, 2015 11:21 am UTC| Market Roundups

Market Roundup Euro off highs but in recent ranges plays in between 1.1153/1228. USD/JPY retreats from 1-week high, trading from 123.32 to 123.96 range. UK June CBI Distributive Trades +29 vs 51 previous. Euro...

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Economy

Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth

Germanys economic outlook remains cautious, with a new forecast from the German Economic Institute (IW) indicating only modest improvement in 2025 as global trade falters and domestic financial pressures intensify....

Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data

Japans Nikkei 225 slid on Friday, erasing its gains for the week and diverging from mostly positive Asian markets as investors turned cautious ahead of a crucial U.S. inflation reading that could influence the Federal...

Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth

Europe is facing growing competitive pressure from China as Beijing intensifies its export-driven growth strategy, a shift Goldman Sachs says is reshaping the outlook for several major European industries. The bank...

Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook

Citigroup has raised its outlook for European equities, setting a 2026 year-end target of 640 for the STOXX 600 index. The forecast suggests a potential 10.5% upside from Thursdays close, reflecting growing confidence in...

Dollar Weakens Ahead of Expected Federal Reserve Rate Cut

The U.S. dollar hovered near a five-week low on Friday as global investors positioned themselves for a widely anticipated Federal Reserve rate cut next week. The greenback remained under pressure across major currencies,...

Politics

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Honduras Election Turmoil Deepens as Nasralla Alleges Fraud in Tight Presidential Race

Honduras fiercely contested presidential election entered a new phase of tension after centrist candidate Salvador Nasralla accused authorities of fraud when rival Nasry Asfura of the National Party overtook him in the...

U.S. Expected to Expand Travel Ban to More Than 30 Countries

The United States is preparing to significantly widen its travel ban, with U.S. Homeland Security Secretary Kristi Noem confirming that the list will soon include more than 30 countries. Speaking on Fox News The Ingraham...

Hong Kong Faces Low Turnout in “Patriots-Only” Election Amid Public Grief After Deadly Fire

Hong Kong is bracing for a significantly low voter turnout in Sundays patriots-only Legislative Council election, as the city continues to mourn the deadliest fire it has seen in decades. The blaze, which erupted in a...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...