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America’s Roundup: Dollar slides after slowing U.S. jobs growth in July Wall Street ends lower, Gold gains, Oil gains 1% plus-August 5th,2023

Aug 04, 2023 23:37 pm UTC| Market Roundups

Market Roundup US Jobs growth slows but wage gains point to tight market Focus now on consumer price index (CPI) next week Canada Jul Avg hourly wages Permanent employee 5.0%, 3.9% previous US Jul U6...

Europe Roundup: Sterling holds near five-week low after BoE meeting, European stocks stabilise, Gold falls, Oil prices set for sixth weekly gain as producers pledge output cuts-August 4th,2023

Aug 04, 2023 12:11 pm UTC| Market Roundups

Market Roundup German Jun Factory Orders (MoM) 7.0%,-2.0% forecast,6.4% previous French Jun Industrial Production (MoM) -0.9%, -0.3% forecast,1.2% previous French Non-Farm Payrolls (QoQ) (Q2) 0.1%, 0.3%...

America’s Roundup: Dollar hits 4-week peak ,Wall Street closes near flat ,Gold at three-week low, Oil rises 2% as Saudi Arabia and Russia keep supplies tight-August 4th,2023

Aug 04, 2023 00:50 am UTC| Market Roundups

Market Roundup US Unit Labor Costs (QoQ) (Q2) 1.6%,2.6% forecast,4.2% previous US Nonfarm Productivity (QoQ) (Q2) 3.7%,2.0% forecast,-2.1% previous US Jobless Claims 4-Week Avg. 228.25K,235.63K forecast,233.75K...

Europe Roundup: Sterling falls ahead of BOE expected hike ,European stocks slide, Gold at 3-week low, Oil slips as US ratings downgrade offsets supply concerns-August 3rd,2023

Aug 03, 2023 09:52 am UTC| Market Roundups

Market Roundup Bank of England to announce rate decision at 1100 GMT German Jun Imports (MoM) -3.4%,-0.3%forecast,1.7% previous German Jun Trade Balance 18.7B,15.0B forecast,14.4B previous German Jun Exports...

America’s Roundup: Dollar shrugs off Fitch's U.S. downgrade, advances on strong jobs data, Wall Street ends down, Gold retreats, Oil settle lower despite record US crude stock drawdown-August 3rd,2023

Aug 02, 2023 23:27 pm UTC| Market Roundups

Market Roundup U.S. private payrolls beat expectations in July, ADP says US Indexes down: Dow 0.98%, SP 1.38%, Nasdaq 2.17% US Jul ADP Nonfarm Employment Change 324K, 189K forecast,497K previous US Gasoline...

Europe Roundup: Sterling little changed as traders await BoE decision,European shares tumbled to two-week low, Gold firms, Oil prices rise as US inventory data reflect robust demand-August 2nd,2023

Aug 02, 2023 12:24 pm UTC| Market Roundups

Market Roundup Swiss SECO Consumer Climate (Q3)-8, -13 previous Spanish Unemployment Change-11.0K , -38.2K forecast,-50.3K previous German Jul Car Registration (YoY) 32.40%, 48.70% previous Looking Ahead...

America’s Roundup: Dollar gains after relatively strong data, Wall Street ends mixed, Gold slips 1%,Oil dips on stronger dollar, profit-taking signs after rally-August 2nd,2023

Aug 01, 2023 22:25 pm UTC| Market Roundups

Market Roundup US ISM Manufacturing PMI at 46.4 in July vs estimate 46.8 US Indexes: Dow up 0.20 %, SP down 0.27% , Nasdaq down 0.43% US Redbook (YoY) 0.1%,-0.4% previous Canada Jul Manufacturing PMI 49.6,48.9...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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