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Europe Roundup: Sterling gains against dollar, European shares rise, Gold firms, Oil recovers from multi-month lows-August 7th,2024

Aug 07, 2024 12:26 pm UTC| Market Roundups

Market Roundup German Jun Trade Balance 20.4B,21.7B forecast,24.9B previous German Jun German Exports (MoM) -3.4%,-1.5% forecast, -3.6% previous German Jun German Imports (MoM) 0.3%,2.8% forecast,-6.6%...

America’s Roundup: Dollar recovers ground ,Wall Street ends higher, Gold eases ,Oil prices settle higher

Aug 06, 2024 23:42 pm UTC| Market Roundups

Market Roundup Canada Jun Trade Balance 0.64B, -2.00B forecast,-1.93B previous US Jun Imports 339.00B,336.70B previous US Jun Exports 265.90B,261.70B previous US Jun Trade Balance -73.10B, -72.50B...

Europe Roundup: Pound hits five-week low against dollar, European shares inch higher,Gold inches up ,Oil prices steady, supported by Middle East supply fears-August 6th,2024

Aug 06, 2024 12:23 pm UTC| Market Roundups

Market Roundup Swiss Jul Unemployment Rate n.s.a 2.3%,2.3% previous Swiss Jul Unemployment Rate s.a. 2.5%,2.5% forecast,2.4% previous German Jun Factory Orders (MoM) 3.9%,0.4% forecast-1.6% previous Swiss Jun...

America’s Roundup: Dollar recovers after US service sector rebounds in July, Wall Street ends sharply lower, Gold slips over 1%, Oil falls as global equities selloff offsets rising Middle East tensions

Aug 05, 2024 23:33 pm UTC| Market Roundups

Market Roundup French 6-Month BTF Auction 3.245%, 3.456% previous French 3-Month BTF Auction 3.485% ,3.610% previous French 12-Month BTF Auction 2.924% ,3.252% previous US Jul Services PMI 55.0 , 56.0...

Europe Roundup: Sterling eases against dollar, European stocks drop, Gold dips ,Oil prices drop as US recession fears spark broader selloff-August 5th,2024

Aug 05, 2024 12:21 pm UTC| Market Roundups

Market Roundup Italian Jul Composite PMI 50.3 forecast, 51.3 previous Italian Jul Italian Services PMI 51.7,53.0 forecast, 53.7 previous French Jul SP Global Composite PMI 49.1,49.5 forecast,48.8...

America’s Roundup: Dollar falls as US job growth disappoints and unemployment rises,Wall Street ends lower, Gold retreats on profit-taking, Oil settles at 8-month low

Aug 02, 2024 23:21 pm UTC| Market Roundups

Market Roundup US labor growth misses expectations; unemployment rate rises Bets rise for a 50 basis point Fed rate cut in September US Jul U6 Unemployment Rate 7.8%,7.4% previous US Jul Participation Rate...

Europe Roundup: Sterling steadies after a decline driven by the BoE's recent decision, focus shifts to US payrolls data, European shares fall, Oil prices set for fourth weekly fall on demand concerns-August 2nd,2024

Aug 02, 2024 12:16 pm UTC| Market Roundups

Market Roundup Swiss Jul CPI (MoM) -0.2%, -0.2%forecast, 0.0% previous Swiss Jul CPI (YoY) 1.3%, 1.3% forecast, 1.3% previous French Jun Government Budget Balance -103.5B, -113.5B previous French Jun Industrial...

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Economy

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

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...

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...
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