News
Important Only
ReutersWed, Dec 17
Pfizer Says Phase 3 EV-304 Clinical Trial Meets Primary Endpoint
EUR supported by German fiscal stimulus and diversification flows – Rabobank
ReutersWed, Dec 17
Kenyan environmentalist ends case against Maasai Mara safari lodge
ReutersWed, Dec 17
RPT-LANTHEUS HOLDINGS INC <LNTH.O>: MIZUHO RAISES TARGET PRICE TO $72 FROM $60
Gold retreats slightly as US Dollar rebounds
GBP slips as UK inflation cools sharply – BBH
Other
Pfizer Says Phase 3 EV-304 Clinical Trial Meets Primary Endpoint
Dec 17 (Reuters) - PFIZER:PFIZER: PHASE 3 EV-304 TRIAL SHOWED CLINICALLY MEANINGFUL & STATISTICALLY SIGNIFICANT IMPROVEMENTS IN EVENT-FREE SURVIVAL, & OVERALL SURVIVALPFIZER: PATHOLOGIC COMPLETE RESPONSE RATE FOR NEOADJUVANT PADCEV PLUS PEMBROLIZUMAB VERSUS NEOADJUVANT CHEMOTHERAPY WAS METPF...Reuters
Wed, Dec 17
Forex
EUR supported by German fiscal stimulus and diversification flows – Rabobank
The Euro (EUR) has benefited from Germany’s fiscal loosening and diversification flows, but stronger US growth projections and resilient consumer spending suggest EUR/USD may remain range-bound in 2026 rather than extending a major rally, Rabobank's FX analyst Jane Foley reports.Fxstreet
Wed, Dec 17
Economic Indicator
Kenyan environmentalist ends case against Maasai Mara safari lodge
NAIROBI, Dec 17 (Reuters) - A Kenyan environmentalist who sued to stop the opening of a new Ritz-Carlton safari lodge that he said blocked a wildebeest migration corridor in the Maasai Mara reserve has applied to withdraw the case, his lawyers said on Wednesday.No explanation for the withdrawal was ...Reuters
Wed, Dec 17
Commodities
Gold retreats slightly as US Dollar rebounds
Gold (XAU/USD) trades with a mild positive bias on Wednesday but struggles to build on early gains, as a rebound in the US Dollar (USD) caps upside momentum. At the time of writing, XAU/USD is trading around $4,315, easing back after briefly touching $4,342 during the early European session.Fxstreet
Wed, Dec 17
Economic Indicator
GBP slips as UK inflation cools sharply – BBH
The Pound Sterling (GBP) is under pressure after UK inflation fell more than expected in November, paving the way for the Bank of England (BoE) to deliver a widely anticipated 25bps rate cut tomorrow. Markets now price in an accelerated easing cycle over the next year, BBH FX analysts report.Fxstreet
Wed, Dec 17
Other
With freebies, OpenAI, Google vie for Indian users and training data
Gemini, ChatGPT see surge in downloads and daily users in IndiaFree AI trials aim to create user reliance and fill data gapsChatGPT has 73 million daily users in India, twice its US base, Sensor Tower saysAI firms hope to leverage India's linguistic diversity for training dataBy Munsif Vengattil...Reuters
Wed, Dec 17
Other
Coupang CEO faces legal action for skipping South Korean hearing on data breach
Founder cites overseas residence, business commitments for not attendingParliament files complaints against Coupang founder, ex-executives for breaking law that compels witnesses to testifyAnalysts say impact may be muted for Coupang due to its scale in e-commerce marketBy Hyunjoo Jin and Heekyong Y...Reuters
Wed, Dec 17
Other
Brazil lower house passes bill cutting tax benefits, raising levies on bets and fintechs
SAO PAULO, Dec 17 (Reuters) - Brazil's lower house approved early on Wednesday a bill reducing federal tax benefits for several sectors by 10% and increasing taxes on betting companies and fintechs.The measure now heads to the Senate.The government had urged lawmakers to approve it, including th...Reuters
Wed, Dec 17
Stocks
Jefferies initiates coverage on AAR Corp with 'buy' rating
Jefferies initiates coverage on aerospace & defense firm AAR Corp AIR.N with "buy" rating, price target of $100 PT represents an upside of 22.7% from stock's last closeBrokerage says AAR's transformed from a new and used aircraft parts supplier into a full-service aviation afterm...Reuters
Wed, Dec 17
Stocks
RBC says biotech sector's rebound has momentum, with intriguing opportunities for 2026
Brokerage RBC Capital Markets says biotech sector has strongly rebounded since April 2025, helped by good clinical data and successful new drug launches, creating more profitable, mature mid-cap namesBrokerage says M&A is booming (about $101B in 2025, over double compared with 2024), and big pha...Reuters
Wed, Dec 17
Other
European defence group KNDS plans dual listing in 2026
Strong demand for defence stocks since Russia-Ukraine warPossible valuation up to 20 billion euros, say sourcesFormer Renk CFO to join board to guide new financial structureKNDS makes Leopard tanks, ammunitionCreated in 2015 from France's Nexter, Germany's KMW BERLIN, Dec 17 (Reuters) - F...Reuters
Wed, Dec 17
Stocks
CANADA STOCKS-TSX futures rebound as commodity prices jump
Dec 16 (Reuters) - Futures tracking Canada's main stock index rose on Wednesday, lifted by rising commodity prices, including a 2% jump in oil prices.Futures on the S&P/TSX Composite index SXFcv1 were up 0.3% as of 06:21 a.m. ET.Miners will be in focus after silver prices XAG= surged past $6...Reuters
Wed, Dec 17
Indices
USD moderates after mixed double-NFP release – MUFG
A double-NFP data release always had the potential to fuel a spike in volatility and a shift in market pricing into year-end, but alas it was not to be with the data certainly indicating still weak labour market conditions, but just not weak enough to see global investors reconsider the current profFxstreet
Wed, Dec 17
