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Sat, Apr 27, 2024 03:59 AM All times are UTC

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America’s Roundup: Dollar falls after US business activity data, Wall Street closes higher, Gold falls to 2-week low, Oil rises as focus shifts to economic data

Apr 23, 2024 21:37 pm UTC| Market Roundups

Market Roundup US Redbook (YoY) 5.3%,4.9% previous US Apr Services PMI 50.9,52.9 forecast,51.7 previous US Apr Manufacturing PMI 49.9, 52.0 forecast,51.9 previous US Apr SP Global Composite PMI 50.9, 52.1...

Europe Roundup: Sterling steadies after strong British activity data, European shares rise, Gold falls to 2-week low, Oil falls back after robust EU data as Mideast tensions linger-April 23rd,2024

Apr 23, 2024 12:36 pm UTC| Market Roundups

Market Roundup French Apr SP Global Composite PMI 49.9, 48.3 previous French Apr Services PMI 50.5, 48.9 forecast, 48.3 previous French Apr Manufacturing PMI 44.9, 46.9 forecast,46.2 previous German Apr...

America’s Roundup: Dollar firm as US rates take center stage, Wall Street stocks end higher, Gold drops more than 2%, Oil futures fall as fears of a wider Middle East war fade

Apr 22, 2024 23:00 pm UTC| Market Roundups

Market Roundup Canada Mar IPPI (MoM) 0.8% ,0.8% forecast, 0.7% previous US Mar Chicago Fed National Activity 0.15, 0.05 previous Canada New Housing Price Index (MoM) 0.0%, 0.1% forecast, 0.1% previous Canada...

Europe Roundup: Sterling falls against dollar, European shares rise, Gold retreats, Brent hovers above $86 as traders unfazed by Middle East conflict-April 22nd,2024

Apr 22, 2024 12:57 pm UTC| Market Roundups

Market Roundup Belgium Mar Consumer Confidence -6, -5 previous EU Government Budget to GDP -3.6%, -3.6% previous EU Government Debt to GDP 88.6%,91.5% previous Canada Mar IPPI (MoM) 0.8% ,0.8% forecast, 0.7%...

America’s Roundup: Dollar dips, Wall Street ends mixed, Gold on track for weekly rise, Oil settles slightly higher as Iran plays down reported Israeli attack

Apr 19, 2024 23:17 pm UTC| Market Roundups

Market Roundup Tehran plays down suspected attack by Israel Gold up over 2% for the week U.S. Baker Hughes Oil Rig Count 511, 506 previous U.S. Baker Hughes Total Rig Count 619, 617 previous Looking Ahead...

Europe Roundup: Sterling edges higher on geopolitical woes , European stocks fall, Gold on track to fifth straight weekly gain, Oil slips despite reported Israeli attack on Iran-April 19th,2024

Apr 19, 2024 12:22 pm UTC| Market Roundups

Market Roundup UK Mar Retail Sales (YoY) 0.8%, -0.4% previous UK Mar Core Retail Sales (YoY) 0.4%,-0.5% previous UK Mar Core Retail Sales (MoM) -0.3%,0.2% previous German Mar PPI (MoM) 0.2%, 0.0% forecast,-0.4%...

Europe Roundup: Euro gains against weaker dollar, European stocks gain, Gold gains, Oil extends losses on easing Middle East tension, demand concerns-April 18th,2024

Apr 18, 2024 12:29 pm UTC| Market Roundups

Market Roundup Swiss Mar Trade Balance 3.542B, 3.220B forecast, 3.662B previous Italian Mar Car Registration (YoY) -3.7%, 12.8% previous German Mar Car Registration (YoY) -6.2%, 5.4% previous German Mar Car...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

Science

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...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Mainland China Investors Blocked from Accessing New Hong Kong Bitcoin ETFs

Despite launching new Bitcoin and Ether ETFs in Hong Kong, mainland Chinese investors remain sidelined due to longstanding cryptocurrency bans in their home country. Spot Bitcoin and Ether ETFs Launch in Hong Kong, But...

SHIB Price Climbs as Shibarium Upgrade Sparks Optimism Among Investors

The Shiba Inu cryptocurrency surged over 4% on April 26, buoyed by executive enthusiasm for the forthcoming Shibarium upgrade to enhance the platforms functionality and security. Shibarium Upgrade Fuels Market Optimism,...

China Investigates Digital Yuan Architect Yao Qian Amid CBDC Concerns

Yao Qian, a pivotal figure behind Chinas digital yuan, is under investigation for alleged misconduct, casting uncertainty on the future of Chinas CBDC initiatives. Probe into Yao Qian Shakes Foundations of Chinas...

Shein Joins Facebook, Amazon in EU Digital Regulations Compliance

Under the EU Digital Regulations, Shein has joined tech giants like Facebook, Amazon, and Google in meeting the strict compliance standards set by the EUs Digital Services Act due to its user base surpassing 45 million in...

Metaplanet Inc. Buys $6.25M in Bitcoin, Pivots to Digital Assets

In a strategic financial maneuver, Metaplanet Inc., a prominent Japanese public company, has invested $6.25 million in Bitcoin, marking its entry into the burgeoning cryptocurrency market. Metaplanet Dives into Crypto,...