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Europe Roundup: Sterling gains near two-week high as investors focus on rates, European shares mixed, Gold edges up, Oil prices set for second straight weekly gain after U.S. data-July 7th,2023

Jul 07, 2023 12:21 pm UTC| Market Roundups

Market Roundup French Jun Reserve Assets Total 212,396.0M, 219,732.0M previous French May Imports 60.8B,60.5B previous French May Exports 52.3B,50.0B previous French May Trade Balance -8.4B,-9.0B...

America’s Roundup: Dollar eases after strong labor market reports, Gold dips, Wall Street logs sharp losses, Oil near flat as tighter supplies offset U.S. rate hike risk-July 7th,2023

Jul 06, 2023 23:08 pm UTC| Market Roundups

Market Roundup US Jun ADP Nonfarm Employment Change 497K, 228Kforecast, 278K previous US Continuing Jobless Claims 1,720K,1,745K forecast, 1,742K previous US Jobless Claims 4-Week Avg....

Europe Roundup: Sterling rises against weaker dollar, European shares drop, Gold stalls, Oil steadies as market digests supply and demand outlook-July 6th ,2023

Jul 06, 2023 12:26 pm UTC| Market Roundups

Market Roundup French Jun IHS SP Global Construction PMI (MoM) 43.7 ,42.6 previous UK June Construction PMI 48.9 ,51.0 forecast, 51.6 previous EU May Retail Sales (YoY) -2.9% ,-2.7% forecast,-2.6% previous EU...

America’s Roundup: Dollar gains after Fed minutes reinforce rate hike expectations, Gold slips, US crude oil gains on supply cuts-July 6th,2023

Jul 05, 2023 22:39 pm UTC| Market Roundups

Market Roundup US May Factory Orders (MoM) 0.3% ,0.8% forecast,0.4% previous US May Factory orders ex transportation (MoM) -0.5%,0.5% forecast,-0.2% previous US May Durables Excluding Transport (MoM) 0.7%,-0.3%...

Europe Roundup: Sterling edges lower as traders question BoE rate policies, European shares fall ,Gold range bound, Brent dips as economic headwinds outweigh supply cuts-July 5th,2023

Jul 05, 2023 12:20 pm UTC| Market Roundups

Market Roundup French May Industrial Production (MoM) 1.2%,-0.2% forecast, 0.8% previous Spanish Jun Services PMI 53.4, 55.5 forecast, 56.7 previous Italian Jun Composite PMI 49.7, 52.0 previous Italian Jun...

America’s Roundup: Dollar edges higher in thin holiday trade, Gold gains, Oil prices rise 2% as market weighs supply cuts against economic outlook-July 5th,2023

Jul 04, 2023 23:26 pm UTC| Market Roundups

Market Roundup Canada Jun Manufacturing PMI 48.8 ,49.6 forecast, 49.0 previous New Zealand GlobalDairyTrade Price Index -3.3%, -1.0% forecast, 0.0% previous Looking Ahead Economic Data(GMT) 23:00 Australia Jun...

Europe Roundup: Sterling steadies as traders await business data later this week , European shares rangebound, Oil up as market weighs supply cuts against gloomy economic outlook-July 4th,2023

Jul 04, 2023 12:29 pm UTC| Market Roundups

Market Roundup German May Imports (MoM) 1.7%, 3.1% forecast, -1.7% previous German May Exports (MoM)-0.1%,0.3% forecast, 1.2% previous German May Trade Balance 14.4B,17.5B forecast, 18.4B previous Spanish...

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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...
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