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U.S. President Donald Trump said he discussed with Apple Inc.'s CEO Tim Cook about the impact of the U.S. tariffs on goods imported from China as well as the competition for Apple from South Korea's Samsung Electronics Co. Cook reportedly warned Trump...

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The German economy could shrink further in the third quarter as the slowdown in the industry continues and this is set to gradually affect some parts of the service sector, the Bundesbank said in its monthly report, released Monday. Official estimates...

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Israel barred two Democratic Muslim women members of the U.S. House of Representatives from visiting the country apparently under pressure from the leader of its biggest ally. Reps Rashida Tlaib and Ilhan Omar, who are known critics of Israel and President...

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After moving sharply higher early in the session, stocks continue to see substantial strength in mid-day trading on Monday. With the jump on the day, the major averages continue to recover from the sell-off seen last Wednesday.

wallstreet-july17_12aug19.jpg Stocks moved sharply lower over the course of the trading session on Monday, adding to the losses posted last week. The major averages came under pressure early in the session and slid more firmly into negative territory as the day progressed.
pharmaup-aug12.jpg The following are some of today's top gainers in the pharma/biotech sector.
asian-market-down_12aug19.jpg Asian stock markets are in negative territory on Tuesday following the weak cues overnight from Wall Street amid worries about a prolonged U.S.-China trade war and the political unrest in Hong Kong. The Argentine peso's sharp fall against the U.S. dollar after Argentine President Mauricio Macri's loss in primary elections further dampened investor sentiment.
preview-aug12.jpg Labor market data from the UK and economic sentiment from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to release Germany's final inflation data and wholesale prices. Economists expect the statistical office to confirm 1.7 percent consumer price inflation for July.
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whitehouse-aug19.jpg White House economic adviser Larry Kudlow dismissed concerns about a possible recession in the wake of volatile global bond markets last week, which is seen as a predecessor of recessions. "There is no recession in sight. Consumers are working. Their wages are rising. They are spending and they are saving," Kudlow said in a television talk show, "Fox News Sunday". Citing data showing 0.7 per cent
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thailandgdp-081919.jpgThailand's economic growth outlook was downgraded further after the economy logged its weakest growth in five years in the second quarter due to subdued domestic demand and exports. Gross domestic product expanded 2.3 percent year-on-year in the second quarter, slower than the 2.8 percent increase seen in the first quarter, the National Economic and Social Development Council said Monday.
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The Switzerland stock market ended on a high note on Monday, extending gains from previous session, as investors continued to pick up stocks, betting on more stimulus from global central banks.
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SSR Motorsports recalled about 420 units of competition off-road motorcycles citing crash and injury hazards. The company noted that the vehicle's front fork assembly can fail during use, causing the rider to lose control and crash. The company received three reports of the front fork assembly failing, and two incidents out of that resulting in bruising.
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MasterCard is building its own cryptocurrency team, according to a report by New York Post. The recruitment listing reportedly says, "Do you have the desire to work at the cutting-edge intersection of payments and cryptocurrencies?" MasterCard is already trialling blockchain and crypto products. It recently teamed up with crypto loans company Nexo to roll out a co-branded crypto credit card. Read More
After having had a banner year for new drug approvals in 2018, hitting a record number of 59, it looks like the pace of FDA approval is slowing down this year. Only 16 new drugs have been greenlighted so far this year compared to 26 during the same period last year. Let's take a look at the companies that await a ruling from the FDA in August 2019. Read More
Roche (RHHBY) announced the US FDA approval of Rozlytrek for the treatment of adults with ROS1-positive, metastatic non-small cell lung cancer. Also, the FDA has granted accelerated approval to Rozlytrek for the treatment of adult and paediatric patients... Read More
apple-aug19.jpg U.S. President Donald Trump said he discussed with Apple Inc.'s CEO Tim Cook about the impact of the U.S. tariffs on goods imported from China as well as the competition for Apple from South Korea's Samsung Electronics Co. Cook reportedly warned Trump that the tariffs on Chinese imports would hurt Apple's business as the tech giant relies heavily on manufacturing in China.
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Economic Calendar
DateIndicatorPeriodCountry
08/19/19 5:0Financial Account Balance - BoPJUN Bulgaria
08/19/19 5:0Current Account Balance - BoPJUN Bulgaria
08/19/19 5:0Capital Account Balance - BoPJUN Bulgaria
08/19/19 5:0Unemployment RateJUL Croatia
08/19/19 5:0Core CPI (Y-o-Y)JUL Eurozone
08/19/19 5:0Core CPI (M-o-M)JUL Eurozone
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FDA Calendar
Event DateSymbolDrug NameEvent Name
10/24/19MLNT BAXDELA (sNDA)FDA decision on BAXDELA seeking to include adult patients with community-acquired bacterial pneumonia,
10/24/19TSRO Zejula (sNDA)FDA decision on Zejula for the Late Stage Ovarian Cancer
10/19/19CLSDXIPERE (NDA)FDA decision on XIPERE for Suprachoroidal Injection for macular edema associated with uveitis
10/19/19ALXNUltomiris (sBLA)FDA decision on Ultomiris for the Treatment of Atypical Hemolytic Uremic Syndrome (aHUS)
10/15/19NVSBrolucizumab (BLA) FDA decision on Brolucizumab for the treatment of wet age-related macular degeneration
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