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Asia Roundup: Kiwi eases following downbeat employment report, dollar index rebounds from 15-month trough, Asian shares rally – Wednesday, August 2, 2017

Aug 02, 2017 06:32 am UTC| Market Roundups

Market Roundup BoJ Funo- Must maintain powerful monetary easing to hit price target Easy money allowing govt to maintain growth policy, allow structural reforms Big Japanese banks bulging at seams with...

Americas Roundup:Dollar index edges up from 15-month low, Wall St. closes higher, Oil retreats from two-month high, Friday’s U.S. payrolls report in focus-August 2nd,2017

Aug 01, 2017 21:38 pm UTC| Market Roundups

Market Roundup US ISM Manufacturing PMI Jul 56.3, 56.5 forecast, 57.8 previous. US Texas Serv Sect Outlook Jul 10.5, 10.1 previous. US Dallas Fed Services Reve Jul 15.7, 14.8 previous. US Personal Consump...

Europe roundup: Sterling steadies above 1.3200 on better-than-expected manufacturing PMI, dollar rebounds from 14-month lows, gold eases on profit taking - Tuesday, August 1st, 2017

Aug 01, 2017 11:37 am UTC| Market Roundups

Market Roundup EUR/USD -0.23%, USD/JPY +0.09%, GBP/USD +0.08%, EUR/GBP -0.35% DXY +0.07%, DAX +0.53%, FTSE +0.85%, Brent -0.06%, Gold -0.12% EZ Q2 GDP flash prelim y/y, 2.1% vs forecast 2.1%, previous 1.9% EZ...

Asia Roundup: Aussie rises as RBA stands pat, dollar index near 15-month low amid U.S. political turmoil, Asian shares gain - Tuesday, August 1st, 2017

Aug 01, 2017 06:22 am UTC| Market Roundups

Market Roundup Japan foreign direct investment jumped to record $169.6 bln in 16 -Nikkei Japan April-June GDP on track for 2.6% annual pace -Nikkei Japan July mfg PMI final 52.1, 8-month low, flash 52.2,...

Americas Roundup: Dollar dips to stay near 13-month lows, Wall Street flat, Gold hits highest in 7 weeks high, Oil hits highest since May on tighter U.S. market, Venezuela sanctions risk-Aug 1st, 2017

Jul 31, 2017 20:52 pm UTC| Market Roundups

Market Roundup US Pending Homes Index Jun 110.2, 108.6 previous. US Pending Sales Change MM Jun 1.5%, 0.7 forecast, 0.7% previous. US Chicago PMI Jul 58.9, 60 forecast, 65.7 previous. US Dallas Fed Mfg...

Europe Roundup: Sterling eases on mixed economic data, euro declines despite upbeat CPI figures, European shares gain - Monday, July 31st, 2017

Jul 31, 2017 11:17 am UTC| Market Roundups

Market Roundup EUR/USD -0.15%, USD/JPY -0.09%, GBP/USD -0.13%, EUR/GBP 0.02% DXY +0.21%, DAX +0.09%, FTSE +0.37%, Brent +0.08%, Gold -0.14% EZ Jul Inflation flash y/y, 1.3% vs forecast 1.3%, previous...

Asia Roundup: Antipodeans ease on weaker than expected Chinese data, dollar struggles near 2-1/2-year low versus euro on political uncertainty, Asian shares volatile - July 31st, 2017

Jul 31, 2017 06:24 am UTC| Market Roundups

Market Roundup Japan-US may link currency, trade in economic dialogue - Nikkei Japan may reverse course, issue more government bonds Nikkei Japan June industrial output +1.6% m/m, +1.7% eyed, May...

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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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