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Americas Roundup: Dollar rises on rate hopes despite lackluster U.S. payrolls data ,US stocks hit fresh highs, Gold dips, Oil retreats on U.S. output rise after hitting near 2-yr high -January 6th 2017

Jan 05, 2018 21:11 pm UTC| Market Roundups

Market Roundup US Dec Non-Farm Payrolls, 148k, 190k forecast, 228k previous, 252k revised. US Dec Unemployment Rate, 4.1%, 4.1% forecast 4.1% previous. US Dec Average Earnings MM, 0.3%, 0.3% forecast, 0.2%...

Europe Roundup: Euro consolidates on ECB policy expectations, dollar index rebounds from near 4-month lows, investors eye U.S. non-farm payroll report- Friday, January 5th, 2018

Jan 05, 2018 11:47 am UTC| Market Roundups

Market Roundup EUR/USD -0.17%, USD/JPY 0.42%, GBP/USD -0.10%, EUR/GBP -0.09% DXY 0.21%, DAX 1.17%, FTSE 0.34%, Brent -0.82%, Gold -0.41% EZ Inflation, Flash YY Dec, 1.4%, 1.4% forecast, 1.5%...

Asia Roundup: Antipodeans at multi-week peak, dollar index near 3-month low ahead of U.S. nonfarm payroll, Asian shares at record high- Friday, January 5th, 2018

Jan 05, 2018 06:30 am UTC| Market Roundups

Market Roundup Japan Dec Services PMI falls to 51.1 vs 51.2 in Nov, new orders increase at slowest in 15 mths Japan Dec Comp PMI unchanged from previous month at 52.2 - Markit/Nikkei China to stick with...

Americas Roundup: Dollar drops against currency basket after modest recovery, Wall Street gains, Gold steadies, Oil at highest since 2015 on inventory drawdown, Iran unrest-January 5th, 2018

Jan 04, 2018 21:04 pm UTC| Market Roundups

Market Roundup US Dec ADP National Employment, 250k, 190k forecast, 190k previous, 185k revised. US Dec Challenger Layoffs, 32.423k, 35.038k previous. US w/e Initial Jobless Claims, 250k, 240k forecast, 245k...

Europe Roundup: Sterling rebounds on upbeat economic data, euro gains as EZ service PMI surpasses expectations, oil hits highest since mid-2015 - Thursday, January 4th, 2018

Jan 04, 2018 11:51 am UTC| Market Roundups

Market Roundup EUR/USD 0.34%, USD/JPY 0.04%, GBP/USD 0.26%, EUR/GBP 0.07% DXY -0.25%, DAX 0.98%, FTSE 0.04%, Brent -0.22%, Gold 0.03% EZ Markit Services Final PMI Dec, 56.6, 56.5 forecast, 56.5...

Asia Roundup: Antipodeans rise on better-than-expected China's Caixin Services PMI, dollar gains on upbeat U.S. data and slightly hawkish Fed minutes, Asian shares subdued - Thursday, January 4th, 2018

Jan 04, 2018 06:47 am UTC| Market Roundups

Market Roundup China Caixin/Markit Dec Services PMI rises to 53.9 (vs Nov 51.9), highest since Aug 2014 Japan Dec Final Manufacturing PMI 54.0, highest since Feb 2014 (vs flash 54.2, Nov final 53.6) Fed...

Americas Roundup: Dollar advances after strong U.S. data, Fed minutes, Wall Street ends higher, Gold falls, Oil hits highest in 2-1/2 years on Iran tensions-January 4th, 2018

Jan 03, 2018 21:28 pm UTC| Market Roundups

Market Roundup Fed policymakers see future rate rises guided by inflation, fiscal stimulus. Atlanta Fed raises U.S. Q4 growth view to 3.2 percent. US Nov Construction Spending MM, 0.8%, 0.5% forecast, 1.4%...

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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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