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Europe Roundup: Sterling hovers near 7-week highs, euro supported by upbeat GDP, crude oil falls towards $47 a barrel mark - Tuesday, September 6th, 2016

Sep 06, 2016 12:15 pm UTC| Market Roundups

Market Roundup AUD/USD puts on 0.75% after RBA no change decision USD/JPY -0.1%, EUR/USD +0.13%, GBP/USD +0.22% DXY -0.15%, DAX +0.4%, Brent -1.10%, Iron +0.12% Switzerland Q2 GDP 2.0% y/y vs revised...

Asia Roundup: Aussie advances as RBA stands pat, dollar steadies near 1-month high against yen, higher oil prices strengthen Kiwi - Tuesday, September 6th, 2016

Sep 06, 2016 06:29 am UTC| Market Roundups

Market Roundup RBA leaves OCR as is at 1.5%, steady policy consistent with sustainable growth after August ease, rising AUD could complicate rebalancing, global economy growing at lower than average pace, bias still...

Europe Roundup: Sterling hits 7-week high on upbeat services PMI, BoJ Gov Kuroda comments strengthen yen, crude oil rallies above $49 a barrel mark - Monday, September 5th, 2016

Sep 05, 2016 12:21 pm UTC| Market Roundups

Market Roundup British PM may says there will be no retreat towards protectionism British PM may says we can be confident about the strengths of the UK economy G20 - Obama says G20 summit committed to using...

Asia Roundup: Antipodeans rise on robust domestic data, downbeat U.S. payroll data does not rule out Fed rate hike expectations, Asian shares gain - Monday, September 5th, 2016

Sep 05, 2016 06:48 am UTC| Market Roundups

Market Roundup Fitch affirms Hong Kong at AA+ outlook stable India Aug Nikkei Markit services PMI increase to 54.7 vs previous 51.9 Saudi Arabia Aug emirates NBD comp PMI increase to 56.6 vs previous...

Americas Roundup: Dollar gains as investors see Fed rate hike later this year, oil up 3 pct as U.S. jobs data hits dollar, tumbles on week -September 3rd, 2016

Sep 02, 2016 22:40 pm UTC| Market Roundups

Market Roundup U.S. nonfarm payrolls miss expectations: +151k vs forecast 180k. Traders trim bets on Fed rate hike as U.S. job gains slow. Jobs report gives ammo to Fed skeptics on September rate hike. Feds...

Europe Roundup: Sterling edges higher on upbeat construction survey, dollar strengthens as investor’s eye U.S. non-farm payroll report - Friday, September 2nd, 2016

Sep 02, 2016 12:19 pm UTC| Market Roundups

Market Roundup GBP/USD -0.04%, USD/JPY 0.35%, EUR/USD -0.16% Japan Aug Consumer Confid. Index 42 vs 41.3 previous BOJ to debate ways to address flattening yield curve - sources BoJ Policy Board...

Asia Roundup: Dollar declines on downbeat manufacturing figures, gold recovers from 2-month low, investors cautious ahead of U.S. non-farm payroll report - Friday, September 2nd, 2016

Sep 02, 2016 06:23 am UTC| Market Roundups

Market Roundup BoJ Policy Board Sakurai Plenty room to ease more, deepen NIRP, easy bias, base money inflation targets to remain as is, policy reassessment more a fine tuning of policy tools, foreign bond...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

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...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

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....