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Europe Roundup: Sterling hits 10-week low,European stocks edge up ,Gold flat, Oil gains 1% as investors await Fed's Powell speech-August 25th,2023

Aug 25, 2023 12:22 pm UTC| Market Roundups

Market Roundup German GDP (QoQ) (Q2)0.0%, 0.0% forecast,-0.1% previous German GDP (YoY) (Q2)-0.2%, -0.2% forecast,-0.2% previous German GDP (YoY) (Q2)-0.20% ,-0.20% previous German Aug Business Expectations...

America’s Roundup: Dollar gains head of Jackson Hole conference, Wall Street ends lower,Gold little changed, Oil settles up-August 25th,2023

Aug 24, 2023 23:24 pm UTC| Market Roundups

Market Roundup U.S. Fed Chair due to speak at Jackson Hole Symposium on Friday US Jul Durable Goods Orders (MoM) -5.2%,-4.0% forecast, 4.7% previous US Jul Durables Excluding Defense (MoM) -5.4% ,6.0%...

Europe Roundup: Pound drops as worsening growth outlook dampens BoE hike bets, European shares hits one-week high, Gold climbs two-week peak ,Oil steadies, US Fed chief's speech in spotlight-August 24th,2023

Aug 24, 2023 12:18 pm UTC| Market Roundups

Market Roundup Finnish Jul PPI (YoY) -10.0%,-9.5% previous Finnish Jul Import Price Index (YoY) -13.3%,-11.9% previous Finnish Jul Export Price Index (YoY) -12.3%,-11.9% previous French Aug Business Survey...

America’s Roundup: Dollar retreats as data shows US economy near stalling point, Wall Street ends high, Gold scales near two-week peak, Oil edges down as demand woes outweighs big draw in crude stocks-August 24th,2023

Aug 23, 2023 21:17 pm UTC| Market Roundups

Market Roundup Canada Jun Core Retail Sales (MoM) -0.8%,0.3% forecast , 0.0% previous Canada Jun Retail Sales (MoM) 0.1%,0% forecast,0.2% previous US Aug SP Global Composite PMI 50.4, 52.0 forecast, 52.0...

Europe Roundup: Sterling tumbles on weak UK PMI, European shares gains,Gold climbs, Oil slides on grim manufacturing data-August 23rd,2023

Aug 23, 2023 12:22 pm UTC| Market Roundups

Market Roundup French Aug Services PMI 46.7 ,47.5 forecast,47.1 previous French Aug French SP Global Composite PMI 46.6,47.5 forecast,46.6 previous French Aug French Manufacturing PMI 46.4,45.0 forecast, 45.1...

America’s Roundup: Dollar firmer as traders look to Jackson Hole gathering, Wall Street ends mixed, Gold holds near five-month low, Oil prices settle lower on nagging worries about Chinese demand-August 23rd,2023

Aug 22, 2023 20:56 pm UTC| Market Roundups

Market Roundup US Redbook (YoY) 2.9%,0.7% previous US Jul Existing Home Sales 4.07M, 4.15M forecast,4.16M previous US Aug Richmond Manufacturing Index -7,-7 forecast ,-9 previous US Richmond Services Index...

Europe Roundup: Sterling edges higher as risk appetite picks up , European shares advance , Gold gains, Oil steadies as China woes persist-August 22nd,2023

Aug 22, 2023 12:28 pm UTC| Market Roundups

Market Roundup Swiss Jul Trade Balance 3.129B,4.300B forecast,4.823B previous UK Jul Public Sector Net Borrowing 3.48B, 17.03B forecast, 17.67B previous UK Jul Public Sector Net Cash Requirement -7.474B,4.023B...

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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

Trump’s New U.S. Strategy Seeks to Deter China and Protect Taiwan

President Donald Trumps administration has outlined a strengthened U.S. strategy aimed at preventing conflict with China over Taiwan and the South China Sea by expanding American and allied military power. The latest...

Putin and U.S. Envoy Witkoff Hold “Truly Friendly” Talks as Ukraine Peace Efforts Intensify

The Kremlin signaled a notable shift in tone in U.S.Russia dialogue after Russian President Vladimir Putins nearly five-hour meeting with U.S. envoy Steve Witkoff and White House adviser Jared Kushner. According to Yuri...

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...

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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