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Chinese good for economy not so good for stocks

Jul 15, 2015 07:58 am UTC| Insights & Views

Chinese stock market is back in negative as it portrays that fundamental means nothing for Chinese stocks. Today Chinese data after a very long time surprised to the upside, which could little to keep the stock market...

FxWirePro: EUR/AUD digital calls for swing trade and option Strips for hedging

Jul 15, 2015 07:49 am UTC| Insights & Views

For intraday trading perspective, buying ATM binary calls may fetch around yields of 20-25 pips with ease as leading oscillators converging rising prices. RSI trending near 41.7829 with upward convergence, while %K line...

Stronger dollar wrecks EPS

Jul 15, 2015 07:26 am UTC| Insights & Views

Just as US companies are reporting results, damage from dollar is quite evident. The rise of Dollar has cut nearly $29bn from sales at 850 North American companies in the first three months of the year, which is 57 per...

FXWirePro: Speculate AUD/JPY on asset price volatility using binary tunnel construction

Jul 15, 2015 07:05 am UTC| Insights & Views

Technical glimpse:On intraday charts, leading oscillators such as RSI and slow stochastic suggest rising price convergence with substantial volume confirmation. RSI showing strength in buying interest by converging its...

FxWirePro: Put Ratio Back Spread for hedging USD/JPY downside risks

Jul 15, 2015 06:20 am UTC| Insights & Views

Hedging USD/JPY has been quite baffling as the pair shows indecision on either direction as the formation of four priced doji candlestick pattern occurred at 123.382 levels on EOD charts, this reflects the highest extent...

ILO unemployment to decide pound's next move

Jul 15, 2015 06:16 am UTC| Insights & Views

Pound has been performing very well post budget as yields on Gilts rose from sharp decline. Yesterday Bank of England President Mark Carnet provided boost to pound saying that the central bank is getting closer to hiking...

FxWirePro: Doji forms on USD/JPY; certain yields on short straddle

Jul 15, 2015 05:38 am UTC| Insights & Views

Intraday trend seems sideways as Relative Strength Index converging according to price fluctuations and but looks a slightly weaker as %D line crossover on slow stochastic.On EOD charts, the formation of four priced doji...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

Technology

Mastercard Launches ‘Next Generation’ Blockchain Payments Startup Program

Mastercard has launched the next generation of its blockchain payments startup program, adding 5 innovative firms to explore new payment technologies and real-world solutions. This phase focuses on use cases and trials,...

iPhone Owners Alarmed as iOS 17.5 Resurfaces Deleted Nudes, Troubling Bug Reported

A troubling bug in Apples iOS 17.5 update is reportedly resurfacing previously deleted photos, including sensitive images, causing alarm among iPhone owners. Users on Reddit and beta testers have flagged this issue,...

Dovish CPI Inflation Boosts AI Coins--Is WienerAI The Top Crypto Pick?

The April Consumer Price Index bodes well for risky assets, with US stocks and cryptocurrencies rallying in the aftermath. The YoY headline CPI data came in at 3.4%, exactly in line with market forecasts. The MoM...

Bitcoin Soars on Cooling US CPI Inflation Data, Investor Sentiment Improves

The Bitcoin price remains constant, as investors appear to have dismissed inflation concerns, particularly following the recent U.S. The Consumer Price Index (CPI) has been released. Notably, market investors were keenly...

Shiba Inu Rep Lucie Makes Major Bullish Statement on Shibarium Coins

Lucie, the Shiba Inu teams official marketing head, has taken to her X social media account (previously known as Twitter) to declare the SHIB, BONE, and LEASH pricing behavior she expects to see during a hypothetical...