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Europe Roundup: Sterling rises after UK inflation data,European shares reverse losses ,Gold ticks up, Oil steadies as China fears counter tighter US supply expectations-August 16th,2023

Aug 16, 2023 12:21 pm UTC| Market Roundups

Market Roundup UK Jul Core CPI (YoY) 6.9%, 6.8% forecast,6.9% previous UK Jul Core RPI (YoY) 7.9%,8.3% forecast,9.6% previous UK Jul CPI (MoM) -0.4%,-0.5% forecast,0.1% previous UK Jul CPI, n.s.a 130.90,131.50...

Europe Roundup: Sterling rises after jobs data,European shares slips, Gold falls,Oil slips as China sours sentiment-August 15th,2023

Aug 15, 2023 12:24 pm UTC| Market Roundups

Market Roundup UK Jun Employment Change 3M/3M (MoM) -66K, 75K forecast,102K previous Sweden Jul CPI (YoY) 9.3%, 9.3% forecast,9.3% previous UK Jun Unemployment Rate 4.2%,4.0% forecast,4.0% previous UK Jun...

America’s Roundup: Dollar hits highest in more than a month on China economy concerns, Wall Street ends Mixed, Gold falls one-month low, Oil dips further as China worries counter supply cuts-August 15th,2023

Aug 14, 2023 23:52 pm UTC| Market Roundups

Market Roundup French 3-Month BTF Auction 3.627%,3.617% previous French 6-Month BTF Auction3.637%, 3.585% previous French 12-Month BTF Auction3.657%, 3.574% previous Canada BoC Senior Loan Officer Survey (Q2)...

Europe Roundup: Sterling steady ahead of data-heavy week, European shares eke out gains ,Gold drops to 5-week low, Oil steadies as China worries counter supply cuts-August 14th,2023

Aug 14, 2023 12:54 pm UTC| Market Roundups

Market Roundup Finnish Jul CPI (YoY) 6.5%, 6.3%previous German Jul WPI (MoM) -0.2%, -1.4% forecast,-0.2% previous German Jul German WPI (YoY) -2.8%,-2.6% forecast,-2.9% previous Looking Ahead Economic...

America’s Roundup: Dollar gains after hotter than expected inflation reading, Wall Street ends mixed, Gold gains, Oil up on record demand forecast, 7th straight weekly gain

Aug 12, 2023 01:29 am UTC| Market Roundups

Market Roundup Producer prices increase 0.3% in July PPI rises 0.8% year-on-year on base effects Consumer sentiment little changed in August US indexes: Dow up 0.3%, SP down 0.11%, Nasdaq down 0.56% US Jul...

Europe Roundup: Sterling breaks three-day losing streak after UK GDP data, European stocks fall, Oil prices firm on upbeat demand growth forecasts-August 11th,2023

Aug 11, 2023 12:29 pm UTC| Market Roundups

Market Roundup UK Jun Industrial Production (MoM) 1.8%,0.1%forecast,-0.6%previous UK GDP (YoY) (Q2)0.4%,0.2% forecast,0.2% previous UK Jun Manufacturing Production (MoM) 2.4%,0.2% forecast,-0.2% previous UK...

America’s Roundup: Dollar edges up after moderate US CPI data, Wall Street ends flat, Gold firms, Oil settles lower as US rate hike fears subside-August 11th,2023

Aug 11, 2023 00:59 am UTC| Market Roundups

Market Roundup US CPI rises, but largely in line with expectations US jobless claims increase in latest week Fed funds futures price in no hike, then cut in May 2024 US weekly jobless claims rise more than...

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Economy

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions

U.S. President Donald Trump met with Mexican President Claudia Sheinbaum and Canadian Prime Minister Mark Carney in Washington on Friday, holding private talks focused on trade, immigration, and regional cooperation. The...

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%...

Politics

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Cuba Quietly Signals Openness to Post-Maduro Venezuela as U.S. Pressure Intensifies

U.S. pressure on Venezuela has triggered discreet outreach from figures inside the Cuban government, according to two sources familiar with the sensitive communications. The individuals, who requested anonymity, said that...

Escalating Conflict in Eastern Congo Despite U.S.-Brokered Peace Efforts

Fighting intensified across eastern Democratic Republic of Congo on Friday, just a day after U.S. President Donald Trump met with Congolese President Felix Tshisekedi and Rwandan President Paul Kagame in Washington. The...

Honduras Awaits Final Election Results as Asfura Holds Slim Lead Amid U.S. Attention

Honduras presidential race tightened further on Friday as conservative candidate Nasry Asfura maintained a razor-thin lead while vote counting stretched into a sixth day. With 87.84% of ballots counted, the National Party...

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...

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

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...

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...