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Asia Roundup: Aussie steadies on mixed Chinese data, dollar off highs after Trump fires FBI Director Comey, crude oil edges up on supply cut expectations - Wednesday, May 10th, 2017

May 10, 2017 05:56 am UTC| Market Roundups

Market Roundup BoJ Gov Kuroda Not thinking now of changes to policy mix, YCC main focus. Too early to talk on specific exit strategies, monitoring FX impact on economy. BoJ Apr 26-27 Policy Board meeting...

Americas Roundup: Dollar steady as traders await clarity on Fed rate hike path, US stocks pares gains, Oil falls as concern grows over battle of OPEC vs U.S. shale-May 10th, 2017

May 09, 2017 20:57 pm UTC| Market Roundups

Market Roundup US JOLTS Job openings 5.743 mln, 5.682 mln previous. US Wholesale inventories, R MM 0.2% v -0.1% forecast, -0.1% - previous. US Wholesale sales MM 0.0% v 0,2% forecast, 0.6% - previous. US...

Europe Roundup: Euro falls below 1.0900, dollar rallies on growing Fed rate-hike prospects, European shares near 21-month highs - Tuesday, May 9th, 2017

May 09, 2017 11:46 am UTC| Market Roundups

Market Roundup EUR/USD -0.2%, USD/JPY +0.4%, GBP/USD -0.1%, EUR/CHF +0.1% DXY +0.3%, DAX +0.5%, FTSE +0.6%, Brent +0.2%, Copper +0.6% USD/JPY hits 8 week high at 113.63 in early London trade EUR/CHF...

Asia Roundup: Aussie hits 4-month lows on downbeat retail sales, dollar rises against yen after French presidency relief, crude oil volatile - Tuesday, May 9th, 2017

May 09, 2017 06:19 am UTC| Market Roundups

Market Roundup BOJ Kuroda expects to meet price target of 2% by around next fiscal year BOJ maintains short-term interest rate target of -0.1%, pledges to guide 10-yr bond yields around 0%. Output gap...

Americas Roundup: Euro slides from 6-month peak as Macron win spurs profit-taking, US stocks lose ground, Oil rebounds, as OPEC talks up cutting supply into 2018-May 9th, 2017

May 08, 2017 20:33 pm UTC| Market Roundups

Market Roundup US employment trends 132.64, 131.58 previous. France-German bond yield spread hits 6-month low after Macron victory. Feds Bullard: low growth in labor force and worker productivity, and high...

Europe Roundup: Sterling consolidates below 1.30, euro eases on profit taking after Macron wins French presidency, investors eye Fed officials' speeches - Monday, May 8th, 2017

May 08, 2017 11:58 am UTC| Market Roundups

Market Roundup USD/JPY -0.23%, EUR/USD -0.5%, GBP/USD -0.15% DAX -0.3%, DXY+0.1%, Brent -0.33%, Iron -0.20% Gold +0.18% Macron wins French presidency, to sighs of relief in Europe Winning margin of...

Asia Roundup: Aussie eases despite upbeat business conditions, euro hits multi-week highs after Macron wins French presidency, Asian shares rise following mixed Chinese trade report - Monday, May 8th, 2017

May 08, 2017 06:43 am UTC| Market Roundups

Market Roundup Macron wins French presidency, to sighs of relief in Europe Winning margin of 66.06-33.94 percent wider than predicted Euro touches multi-month highs against different currencies China...

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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....