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Europe Roundup: Sterling rallies on BoE rate vote split, dollar touches 5-week trough as Fed disappoints bulls, investors eye weekend G20 meeting - Friday, March 17th, 2017

Mar 17, 2017 11:42 am UTC| Market Roundups

Market Roundup EUR/USD +0.05%, USD/JPY -0.05%, GBP/USD +0.3%, DXY -0.2% DAX -0.05%, CAC +0.4%, Brent +0.2%, Gold +0.2%, Copper +0.2% Dollar poised for weekly losses after Fed disappoints bulls G20...

Asia Roundup: Kiwi gains following upbeat Business NZ PMI, euro touches 5-1/2-week peak, dollar set for weekly losses on Fed's slower-than-expected rate hike path - Friday, March 17th, 2017

Mar 17, 2017 06:15 am UTC| Market Roundups

Market Roundup End-Dec Japan household assets up 0.9% y/y to record Y1800 trln, corporate deposits Y244 tln (+7.5%), BoJ holdings of JGBs Y421 tln (39.1% of total), JGBs held by offshore accounts Y113 tln...

Americas Roundup: Dollar sinks to lowest in a month, Euro buoyed by results of Dutch election, Oil slips despite weak dollar as U.S. stockpiles remain high-March 17th, 2017

Mar 16, 2017 22:07 pm UTC| Market Roundups

Market Roundup US housing starts 1.288m v 1.26m forecast, 1.251m previous, boosted by warmer weather; building permits -6.2%. US jobless claims 241k v 240k forecast, 243k previous; continuing claims 2.03m v 2.06m...

Europe Roundup: Euro eases despite upbeat CPI figures, dollar steadies near 1-month low, markets eye BoE policy meeting outcome - Thursday, March 16th, 2017

Mar 16, 2017 11:52 am UTC| Market Roundups

Market Roundup EUR/USD -0.2%, USD/JPY flat, GBP/USD -0.3%, DXY -0.05% DAX +1.0%, CAC +0.7%, Brent +1.3%, Gold +0.6%, Copper +1.4% Dollar steadies after worst fall in two months EZ Feb Inflation final...

Asia Roundup: Antipodeans ease on downbeat domestic data, dollar slumps as Fed sticks to gradual rate hike, Asian share advance - Thursday, Friday 16th, 2017

Mar 16, 2017 06:28 am UTC| Market Roundups

Market Roundup BoJ leaves monetary policy as is, as forecast, short rate target -0.1%, 10-year JGB target @zero, vote 7-2, to maintain QQE, Sato-Kiuchi again dissent, economic assessment left mostly as is, housing...

Americas Roundup: Dollar tumbles after Fed says rate hike pace seen gradual, Oil rebounds as U.S. crude inventories ease off record high - March 15th 2017

Mar 15, 2017 21:57 pm UTC| Market Roundups

Market Roundup Fed hikes rate 25bps as expected vote was 9-1 Kashkari voted to hold, signal total 3 hikes in 2017. Fed: Consensus firms for 3 hikes in 2017 sees faster pace of increases in 2019, 2018 and longer-run...

Europe Roundup: Sterling skids on weak UK wage figures, euro gains amid Dutch and France election uncertainty, markets eye FOMC meeting outcome - Wednesday, March 15th, 2017

Mar 15, 2017 11:38 am UTC| Market Roundups

Market Roundup EUR/USD +0.2%, USD/JPY -0.1%, GBP/USD +0.4%, DXY +0.2% DAX +0.05%, CAC +0.05%, Brent +1.5%, Gold +0.4%, Copper +1.0% GBP softer on the back of the lower than expected UK earnings growth...

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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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