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Asia Roundup: Dollar hits 9-1/2-month high against  yen, crude oil surge triggers risk-on sentiment, gold hovers near 10-month low - Thursday, December 1st, 2016

Dec 01, 2016 06:29 am UTC| Market Roundups

Market Roundup BoJ Policy Board Sakurai Sticks to recent majority mantra, current policy working fine, BoJ to continue to buy massive amounts of JGBs, government, and private sector must help too, global...

Americas Roundup: Dollar surges against Japanese Yen as strong U.S. ADP data boosts greenback, Oil jumps over 10 pct as OPEC finalizes output cut deal-December 1st, 2016

Nov 30, 2016 22:39 pm UTC| Market Roundups

Market Roundup OPEC agrees first output cut since 2008, Saudis to take big hit Saudis ready to cut output by 0.5 million bpd . Iran says Russia would cut once OPEC reaches deal; Brent crude jumps 8 percent to above...

Europe Roundup: Euro rises after upbeat inflation report, crude oil gains amid signals of OPEC production cut, European shares bounce - Wednesday, November 30th, 2016

Nov 30, 2016 12:22 pm UTC| Market Roundups

Market Roundup USD/JPY -0.55%, EUR/USD 0.1%, GBP/USD -0.6% EUR/CHF hits 1.0806 high clears 1.0773 21DMA resistance Brent rallies hard on market optimism ahead of OPEC meeting DXY +0.15%, DAX +0.2%,...

Asia Roundup: Kiwi rallies after RBNZ's financial stability report, dollar firms as U.S. Treasury yields stabilize, investors await OPEC meeting outcome - Wednesday, November 30th, 2016

Nov 30, 2016 06:27 am UTC| Market Roundups

Market Roundup US Pres-elect Trump picks loyalists for economic posts, Steven Mnuchin for Treasury, Wilbur Ross for Commerce, Obamacare critic Tom Price for Health- Reuters, other media. Japan fund managers up...

Americas Roundup: Dollar falls against euro on profit-taking, Wall St edges up, Gold slides as market looks to Fed rate rise-November 30th,2016

Nov 29, 2016 23:06 pm UTC| Market Roundups

Market Roundup US Q3 growth revised +3.2% v 3% forecast 2.9% previous, Q3 GDP sales beat as well 2.7% V 2.5% forecast. Core/Headline PCE prices (Prelim) held steady, missing forecast slightly. US consumer...

Europe Roundup: Sterling gains on upbeat economic data, euro weighed down by Italian political and bank concerns, investors cautious ahead of OPEC meet- Tuesday, November 29th, 2016

Nov 29, 2016 12:11 pm UTC| Market Roundups

Market Roundup USD/JPY +0.5%, EUR/USD -0.10%, GBP/USD +0.45% DXY +0.16%, DAX -0.04%, Brent -1.9%, Iron -6.3%, Gold -0.5% Germany Oct Import Prices -0.6% y/y vs revised -0.6% previous, -0.8%...

Asia Roundup: Aussie snaps 3-day winning streak, Yen strengthens on better-than-expected economic data, crude oil volatile ahead of OPEC meet - Tuesday, November 29th, 2016

Nov 29, 2016 06:24 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data Specs boost USD longs again, JPY net longs fall to lowest since early January, 10.9k contracts, EUR shorts 119.3k, GBP net shorts 74.3k and lowest since late September, AUD longs...

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Economy

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%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Politics

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...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

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

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...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...
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