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America’s Roundup: Dollar dips as hopes rise that inflation has peaked, Wall Street jumps, Gold gains, Oil settles up 1% on tight supply, U.S. crude at 13-week high-June 8th,2022

Jun 07, 2022 23:33 pm UTC| Market Roundups

Market Roundup Canada Apr Exports 64.31B,61.76B forecast,63.63B previous US Imports 339.70, B351.50B previous US Apr Trade Balance-87.10B,-89.50B forecast,-109.80B previous Canada Apr Trade Balance 1.50B,2.90B...

Europe Roundup: Sterling falls to near 3-week lows, European shares fell, Gold firms, Oil prices stable as market juggles risk sentiment with tight supplies-June 7th ,2022

Jun 07, 2022 11:20 am UTC| Market Roundups

Market Roundup German Apr Factory Orders (MoM) -2.7%,0.3% forecast,-4.7% previous German May IHS Markit Construction PMI 45.4, 46.0 previous UK May Composite PMI 53.1,51.8 forecast, 58.2 previous EU Jun Sentix...

America’s Roundup: Dollar gains as risk appetite fades, inflation data eyed ,Wall Street ends up, Gold dips, Oil settles shy of $120 a barrel on OPEC+ deal, Saudi pricing-June 7th,2022

Jun 07, 2022 00:13 am UTC| Market Roundups

Market Roundup French 6-Month BTF Auction -0.432% previous French 3-Month BTF Auction -0.561% previous French 12-Month BTF Auction 0.092% previous US May CB Employment Trends Index 120.18 previous US...

Europe Roundup: Euro edges higher as risk appetite picks up, focus on ECB meeting, European shares rise, Gold ticks higher, Oil prices hit $120 as Saudi July price rise eclipses OPEC+ deal-June 6th,2022

Jun 06, 2022 12:46 pm UTC| Market Roundups

Market Roundup China lifts more COVID-19 curbs; miners luxury stocks rise Risk appetite supports the common currency Yen around multi-year lows versus euro and dollar Chinese yuan just off one month...

America’s Roundup: Dollar gains as strong U.S. data fuels hawkish Fed bets, Wall Street ends down, Gold slips, Oil settles up despite OPEC+ output hike plan, supply still tight-June 4th,2022

Jun 04, 2022 02:01 am UTC| Market Roundups

Market Roundup US May Manufacturing Payrolls 18K, 40K forecast,55K previous Canada Labor Productivity (QoQ) (Q1) -0.5%,-0.5% forecast, -0.5% previous US May U6 Unemployment Rate 7.1%,7.0% previous US May...

Europe Roundup: Euro edges lower before U.S. data, European shares edges lower, Gold dips, Oil slips after OPEC+ hike, tight supply limits loss-June 3rd,2022

Jun 03, 2022 12:13 pm UTC| Market Roundups

Market Roundup German Apr Imports (MoM) 3.1%, 0.2% forecast, 3.4% previous German Apr Exports (MoM) 4.4%,1.5% forecast,-3.3% previous German Apr Trade Balance 3.5B,1.6B forecast, 3.2B previous Italian May...

America’s Roundup: Dollar eases ahead of US employment data, Wall Street ends higher, Gold rises, Oil rises 1% as U.S. crude drawdown overshadows OPEC+ boost-June 3rd,2022

Jun 03, 2022 00:10 am UTC| Market Roundups

Market Roundup US May ADP Nonfarm Employment Change 128K,300K forecast, 247K previous US Continuing Jobless Claims 1,309K,1,325K forecast, 1,346K previous US Unit Labor Costs (QoQ) (Q1) 12.6%,11.6% forecast, 11.6%...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

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...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

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...

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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