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Tue, Dec 05, 2023 05:22 AM All times are UTC

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FxWirePro: Daily Commodity Tracker - 21st March, 2022

Mar 21, 2022 11:42 am UTC| Commentary Technicals

Daily Commodity...

Best Gold Stocks to Buy Now: AABB, GOLD, GDX

Jun 15, 2021 04:25 am UTC| Investing Commentary

As supply chain shortages from the pandemic remain a challenge, commodities continue to stay in demand. According to experts like Timothy Ord, President and Editor of The Ord Oracle, while metal prices appear eager to...

Philippine central bank keeps interest rate unchanged at 2 pct

Dec 17, 2020 17:02 pm UTC| Commentary

The Philippine central bank kept its overnight reverse repurchase rate on hold at 2 percent today, as expected. Governor Diokno noted the uplifted global business and consumer sentiment over the commencement of vaccine...

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Dec 17, 2020 12:57 pm UTC| Commentary Central Banks

The Indonesian central bank stood pat today, maintaining the policy rate at 3.75 percent. Bank Indonesia maintained its growth projections at -1 percent to -2 percent for 2020, and 4.8 percent to 5.8 percent for the next...

U.S. vehicle sales fall again in November

Dec 02, 2020 16:44 pm UTC| Commentary

U.S. vehicle sales dropped for the second straight month in November. On a sequential basis, vehicle sales dropped 4.5 percent to 15.6 million units. Novembers reading is a bit below consensus expectations of a decline to...

Reserve Bank of India likely to stand pat in December

Dec 02, 2020 15:47 pm UTC| Commentary

The Indian central bank, Reserve Bank of India, is set to meet later this week. According to a DBS Bank research report, the RBI is likely to pause on rates. Soft growth but accelerating inflation has left policymakers in...

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Dec 02, 2020 13:45 pm UTC| Commentary

Canadas employment data for the month of November is set to release this week. According to a TD Economics research report, the labor market rebound is likely to have stumbled in the month with the loss of 25k jobs as the...

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Economy

Western Pharma Shifts Focus from China to India Amid Rising Geopolitical Tensions

Western drugmakers are increasingly turning to alternative sources for drug production and clinical trials, shifting their attention away from Chinese contractors. According to industry experts and executives, this...

What the UK government's back to work plan covers – and why it is unlikely to boost people's job prospects

Ahead of the UK governments latest economic statement, the chancellor, Jeremy Hunt, and the secretary of state for work and pensions, Mel Stride, unveiled a new employment support package dubbed the back to work...

Every state is about to dole out federal funding for broadband internet – not every state is ready for the task

When the Infrastructure Investment and Jobs Act was signed in late 2021, it included US$42.5 billion for broadband internet access as part of the Broadband Equity, Access, and Deployment Program. The program aims to ensure...

Tax cuts rumoured but the UK's autumn statement will offer little economic comfort

The UK chancellors autumn statement is likely to be relatively uneventful yet extremely significant. Although some headline-seeking tax cuts are rumoured, sluggish economic growth and persistent inflation leave little...

Stellantis and Italian Government Discuss Measures to Increase Car Production

Stellantis has initiated in-depth discussions with the Italian government with the primary objective of bolstering car production within the country. This collaborative effort aims to boost economic growth and streamline...

Politics

South Africa’s immigration proposals are based on false claims and poor logic – experts

The South African government recently issued a long-awaited policy statement called a White Paper outlining proposed changes to the countrys asylum and immigration system. More than 20 years after its first...

Good profits from bad news: How the Kennedy assassination helped make network TV news wealthy

In journalism, bad news sells. If it bleeds, it leads is a famous industry catchphrase, which explains why violent crime, war and terrorism, and natural disasters are ubiquitous on TV news. The fact that journalists and...

What Joe Biden's meeting with Xi Jinping means for geopolitical tensions

U.S. President Joe Biden has engaged in a crucial face-to-face meeting with Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. This high-stakes diplomatic encounter was...

How a new identity-focused ideology has trapped the left and undermined social justice

Yasha Mounks new book, The Identity Trap: A Story of Ideas and Power in Our Time, explores a radical progressive ideology that has been taking the world by storm. From its unlikely beginnings in esoteric scholarly theories...

Rwanda plan: Rishi Sunak has insisted on pushing ahead – here's where he could take it next

The UK supreme court has ruled against the governments plan to deport some asylum seekers to Rwanda for processing. But this isnt the end of the story a version of the plan is likely to resurface in some form. The initial...

Science

How do crystals form?

How do crystals form? Alyssa Marie, age 5, New Mexico Scientifically speaking, the term crystal refers to any solid that has an ordered chemical structure. This means that its parts are arranged in a precisely...

NASA's first successful recovery of asteroid samples may reveal information about the origins of the universe

The OSIRIS-REx mission is NASAs first mission to collect samples from an asteroid in this case 101955 Bennu and return to Earth. OSIRIS-REx is an acronym for Origins, Spectral Interpretation, Resource Identification,...

Did this chemical reaction create the building blocks of life on Earth?

How did life begin? How did chemical reactions on the early Earth create complex, self-replicating structures that developed into living things as we know them? According to one school of thought, before the current era...

Will Saturn's rings really 'disappear' by 2025? An astronomer explains

If you can get your hands on a telescope, there are few sights more spectacular than the magnificent ringed planet Saturn. Currently, Saturn is clearly visible in the evening sky, at its highest just after sunset. Its...

Specialized training programs using sensory augmentation devices could prevent astronauts from getting disoriented in space

When landing on the surface of the Moon, astronauts can become spatially disoriented, which is when they lose sense of their orientation they might not be able to tell which way is up. This disorientation can lead to...

Technology

Montana's TikTok Ban Reversed: Judge Declares Unconstitutional, Stops January 2024 Enforcement

TikTok has been banned in Montana, and it was the first state in the United States to do so. A federal judge scrapped the order after saying it was an unconstitutional decision. U.S. District Judge Donald Molloy...

TikTok Halts E-Commerce Platform in Indonesia After Government Ban

Mastercard's Shopping Muse: A New Era in AI-Driven E-commerce Personalization

Dynamic Yield by Mastercard, a digital personalization and artificial intelligence subsidiary of Mastercard, has unveiled its latest innovation, Shopping Muse. This generative AI chatbot assistant aims to revolutionize how...

Google Challenges Microsoft in UK Cloud Market, Urges CMA Action

Google has urged Britains antitrust regulator, the CMA (Competition and Markets Authority), to take action against Microsoft. The tech giant claims that Microsofts business practices have put its rivals at a significant...

Mercedes-Benz, BMW Partner to Launch 1,000 EV Charging Stations in China by 2026

Mercedes-Benz and Bayerische Motoren Werke AG (BMW) have come together to build a charging network for electric vehicles in China. The German luxury car manufacturers said they are aiming to put up at least 1,000...

Team Liquid and Illuvium Forge Pioneering Alliance in NFT Autobattler Arena

Team Liquid has joined forces with Illuvium, the developers of the NFT game, to test their turn-based, player-vs-player (PVP) creature auto battler experience. This collaboration aims to leverage Team Liquids expertise in...