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Americas Roundup: Dollar weakens as global mood turns cautious, US stocks slip, Oil prices slide on worries Libya output will feed glut-May 31st, 2017

May 30, 2017 20:36 pm UTC| Market Roundups

Market Round US Core PCE Price Index MM Apr 0.2% vs 0.1% forecast, -0.1% previous. US Consumer Confidence May 117.9 vs 119.8 forecast, 119.4 previous. US Consumption Adjusted MM Apr 0.4% vs 0.4% forecast, 0.3%...

Europe Roundup: Sterling extends gains as investors speculate PM May's victory, euro hits 1-1/2 week low on weak economic data, European shares decline - Tuesday, May 30th, 2017

May 30, 2017 12:19 pm UTC| Market Roundups

Market Roundup EUR/USD -0.04%, USD/JPY -0.22%, GBP/USD +0.15%, AUD/USD +0.13% DXY +0.03%, DAX -0.09%, FTSE -0.41%, Gold -0.22% Eurozone May business climate falls to 0.90 (Rtrs poll 1.11) from 1.10 in...

Asia Roundup: Aussie hits a 1-1/2 week low despite upbeat economic data, dollar steadies against sterling, euro amid political uncertainties, Asian shares ease amid holiday-thinned trading - Tuesday, May 30th, 2017

May 30, 2017 06:34 am UTC| Market Roundups

Market Roundup UKs May, Corbyn set out opposing EU no deal stances PM Mays Conservatives lead drop 6 pct, 43 pct vs Labour 37 pct -poll Japan urges China to play bigger role in restraining N. Korea N....

Europe Roundup: Sterling rebounds from 3-week lows, euro gains ahead of ECB President Draghi's speech, European shares decline amid holiday-thinned trading - Monday, May 29th, 2017

May 29, 2017 12:12 pm UTC| Market Roundups

Market Roundup EUR/ EUR/USD +0.04%, USD/JPY +0.04%, GBP/USD +0.3%, AUD/USD -0.05% DXY -0.11%, DAX -0.06%, FTSE +0.4%, Gold +0.05% Feds Williams says Fed committed to shrinking balance sheet...

Asia Roundup: Aussie eases as crude oil declines, dollar falls against yen on risk-off market sentiment, investors await ECB President Draghi’s speech - Monday, May 29th, 2017

May 29, 2017 06:25 am UTC| Market Roundups

Market Roundup N.Korea fires Scud-class ballistic missile, Japan protests Japan PM Abe: Will take steps with US to deter N. Korea Japan will discuss N.Korea with China state councilor - Suga Japan Inc...

Americas Roundup: Dollar firms after GDP data, US stocks ends little changed, Oil rebounds but ends week lower as OPEC cuts disappoint-May 27, 2017

May 26, 2017 21:06 pm UTC| Market Roundups

Market Roundup US GDP 2nd Estimate Q1 +1.2% vs 0.9% forecast, 0.7% previous. US Cons Spending Prelim Q1 +0.6%, 0.3% previous. US Durable Goods Apr -0.7% vs -1.2% forecast, +2.3 previous. US Core PCE Prices...

Europe Roundup: Sterling hits 2-week lows as PM May's poll lead shrinks, dollar eases ahead of U.S. prelim Q1 GDP figures, crude oil rebounds after OPEC disappointment - Friday, May 26th, 2017

May 26, 2017 11:11 am UTC| Market Roundups

Market Roundup EUR/USD flat, USD/JPY -0.77%, GBP/USD -0.52%, EUR/GBP +0.61% DXY -0.17%, DAX flat, FTSE flat, Brent +0.68%, Copper -0.19 Challenging talks expected as Trump, other G7 leaders meet Trump...

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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...