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Americas Roundup: Dollar gains broadly after Trump says to announce major tax plan, Oil prices rise but remain range-bound-February 10th, 2017

Feb 09, 2017 22:20 pm UTC| Market Roundups

Market Roundup US initial jobless claims -12k to 234k from 246k previous, near 43-year low; 4-wk avg (244.25k claims lowest since 1973. US Wholesales inventories unchanged at 1% in Dec as per forecast, sales +2.6%...

Europe Roundup: Sterling hits 1-week high, euro continues to slump on political woes, markets eye Fed officials’ speeches- Thursday, February 9th, 2017

Feb 09, 2017 12:17 pm UTC| Market Roundups

Market Roundup USD/JPY +0.3%, GBP/USD +-0.2%, AUD/USD +0.1%, NZD/USD -0.7% DXY -0.1%, DAX +0.2%, Brent +.0%, Gold +0.1%, Copper -0.5% Euro headed for worst week since mid-December NZD slides after CB...

Asia Roundup: Kiwi slumps below 0.7200 as RBNZ disappoints hawks, dollar retreats from 10-week lows against yen, Asian shares hit 18-month peak - Thursday, February 9th, 2017

Feb 09, 2017 05:54 am UTC| Market Roundups

Market Roundup BoJ DepGov Nakaso Risks to economic-price outlook skewed to downside, despite bright spots in economy, momentum towards hitting price goal not yet sufficient, mulling hike in long-term rate target...

Americas Roundup-Dollar down as U.S. Treasury yields fall, Oil prices edge up on short covering; gasoline jumps-February 9th,2017

Feb 08, 2017 22:37 pm UTC| Market Roundups

Market Roundup USD down as US. Treasury yields fall, Yen gains on global political uncertainty. German Finance Minister spokeswoman denies Bloomberg report Germany had pushed for G20 to back tighter monetary...

Europe Roundup: Sterling hovers around 1.2500 ahead of BoE Cunliffe's speech, euro hits 1-week low, gold touches 3-month peak on political risks - Wednesday, February 8th, 2017

Feb 08, 2017 12:10 pm UTC| Market Roundups

Market Roundup USD/JPY -0.1%, GBP/USD -0.1%, EUR/USD -0.3%, USD/CHF +0.2% DXY +0.3%, DAX +0.2%, Brent -0.7%, Gold +0.2%, Copper +1.5% Political risks weigh on euro France, Italy bond yield spreads over...

Asia Roundup: Kiwi off highs ahead of RBNZ policy meeting, euro hovers near 1-week low on political woes, Asian shares fall amid risk-off sentiment - Wednesday, February 8th, 2017

Feb 08, 2017 06:18 am UTC| Market Roundups

Market Roundup Japan ChiefCabSec Suga Japan closely monitoring FX, commodity, and yield moves, all affect current account balance Reuters. BoJ Policy Board Jan 30-31 meeting minutes Inflation to rise as...

Americas Roundup: Sterling recovers on signs parliament to get more say on Brexit, Oil extends losses after API reports huge U.S. crude build-February 8th, 2017

Feb 07, 2017 22:15 pm UTC| Market Roundups

Market Roundup US trade deficit falls, -44.3b v 45b forecast -45.7b previous, as exports hit more than 1.5-yr high at USD190.7b. US job openings (JOLTS) fall to 5.501mn in Dec v 5.568m roti, 5.505m previous. ...

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Economy

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...

Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions

U.S. President Donald Trump met with Mexican President Claudia Sheinbaum and Canadian Prime Minister Mark Carney in Washington on Friday, holding private talks focused on trade, immigration, and regional cooperation. The...

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Politics

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...

Cuba Quietly Signals Openness to Post-Maduro Venezuela as U.S. Pressure Intensifies

U.S. pressure on Venezuela has triggered discreet outreach from figures inside the Cuban government, according to two sources familiar with the sensitive communications. The individuals, who requested anonymity, said that...

Escalating Conflict in Eastern Congo Despite U.S.-Brokered Peace Efforts

Fighting intensified across eastern Democratic Republic of Congo on Friday, just a day after U.S. President Donald Trump met with Congolese President Felix Tshisekedi and Rwandan President Paul Kagame in Washington. The...

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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