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Europe Roundup: Sterling gains on upbeat UK services PMI data,European shares surge,Gold near two-week low, Oil jumps 3% on reports of effective coronavirus drug-February 5th,2020

Feb 05, 2020 13:40 pm UTC| Market Roundups

Market Roundup Italian Jan Composite PMI 50.4, 49.3 previous Italian Jan Services PMI 51.4, 50.2 forecast, 51.1 previous French Jan Markit Composite PMI 51.1, 51.5 forecast, 52.0 previous French Jan...

Asia Roundup: Kiwi consolidates following mixed employment data, greenback gains on robust U.S. new orders, Asian shares surge - Wednesday, February 5th, 2020

Feb 05, 2020 06:43 am UTC| Market Roundups

Market Roundup Gold prices edge higher Oil climbs as OPEC, allies weigh output cuts NZ unemployment rate drops in Q4 Economic Data Ahead (0400 ET/0900 GMT) EZ Markit Services PMI...

America’s Roundup: Dollar firm on upbeat manufacturing data, Wall Street rallies, Gold falls 1%, Oil slides as demand fears outweigh hopes for bigger OPEC+ cuts-February 5th,2020

Feb 04, 2020 23:45 pm UTC| Market Roundups

Market Roundup US Redbook (YoY) 5.7%,5.5% previous US Redbook (MoM)0.2%,0.1% previous New Zealand GlobalDairyTrade Price Index 5.7%,5.5% previous US ISM NY Business Conditions 45.8%,39.1% previous US...

Europe Roundup: Sterling slips to 6-week low vs dollar, European stocks bounce, Gold eases on profit-taking, Oil prices rebound on hopes for OPEC+ supply cuts-February 4th, 2020

Feb 04, 2020 13:15 pm UTC| Market Roundups

Market Roundup UK Jan Construction PMI 48.4, 46.6 forecast, 44.4 previous Italian Jan CPI (MoM) 0.2%,0.1% forecast, 0.2% previous Italian Jan CPI (YoY) 0.6%,0.5% forecast, 0.5% previous Italian Jan HICP...

Asia Roundup: Aussie rebounds from 4-month low as RBA stands pat, dollar gains against yen on robust U.S. manufacturing data, Asian shares rally - Tuesday, February 4th, 2020

Feb 04, 2020 06:53 am UTC| Market Roundups

Market Roundup Oil rebounds amid minor recovery across markets RBA keeps cash rate at 0.75% Chinas markets recoup some virus losses Economic Data Ahead (0430 ET/0930 GMT) UK Markit Construction...

America’s Roundup: Dollar rebounds from two-week low, Wall Street rises, Gold slides, Oil hits 13-month lows as coronavirus worries rattle market-February 4th,2020

Feb 03, 2020 21:42 pm UTC| Market Roundups

Market Roundup Canada Jan RBC Manufacturing PMI 50.6, 49.6 forecast, 50.4 previous US Jan Manufacturing PMI 51.9, 51.7 forecast, 52.4previous US Dec Construction Spending (MoM) -0.2%, 0.5% forecast 0.7%...

Europe Roundup: Sterling falls on hard Brexit fears, European shares inches up, Gold dips 1%, Oil falls as coronavirus hits Chinese crude demand-February 3rd, 2020

Feb 03, 2020 13:05 pm UTC| Market Roundups

Market Roundup Spanish Jan Manufacturing PMI 48.5, 48.9 forecast, 47.4 previous Italian Jan Manufacturing PMI 48.9, 47.5 forecast, 46.2 previous French Jan Manufacturing PMI 51.1, 51.0 forecast, 51.0...

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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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