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Sun, May 05, 2024 06:52 PM All times are UTC

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America’s Roundup: Dollar slips lower ahead of GDP and inflation figures,Wall Street ends mixed, Gold eases,Oil edged up 1% on significant US crude drawdown and China stimulus

Jan 24, 2024 23:26 pm UTC| Market Roundups

Market Roundup U.S. business activity picked up in Jan Dollar down 0.4% against its rivals GDP advance estimate, PCE data due this week US Jan SP Global Composite PMI 52.3,50.9 previous US Jan Manufacturing...

Europe Roundup: Sterling climbs against dollar after strong PMI reading,European shares rise, Gold firms, Oil steadies near $80 as China announces stimulus-January 24th,2024

Jan 24, 2024 13:26 pm UTC| Market Roundups

Market Roundup French Jan Manufacturing PMI 43.2,42.5 forecast,42.1 previous French Jan French SP Global Composite PMI 44.2,45.2 forecast,44.8 previous French Jan Services PMI 45.0, 46.0 forecast,45.7...

America’s Roundup: US dollar hits six-week high, Wall Street ends mixed, Gold gains, Oil prices edge up on contradictory signs on oil supply prospects

Jan 23, 2024 23:37 pm UTC| Market Roundups

Market Roundup BOJ signals possible exit from negative rates in April U.S. rate futures price in 44% chance of rate cut in March Focus on ECB meeting, bank likely to keep rates steady Canada Dec New Housing...

Europe Roundup: Euro dips ahead of ECB policy decision ,European shares slip, Gold holds ground, Oil down as traders mull mixed supply cues-January 23rd,2024

Jan 23, 2024 13:22 pm UTC| Market Roundups

Market Roundup UK Dec Public Sector Net Cash Requirement 12.863B,12.453B previous UK Dec Public Sector Net Borrowing 6.85B,11.40B forecast,13.41B previous Looking Ahead Economic Data(GMT) 13:30 Canada Dec New...

America’s Roundup: US dollar flat as traders await policy meetings in Japan and Street closes higher, Gold slides, Oil prices jump 2% due to supply bottlenecks in Russia and the United States

Jan 22, 2024 23:57 pm UTC| Market Roundups

Market Roundup French 12-Month BTF Auction 3.406% , 3.319% previous French 3-Month BTF Auction 3.837%,3.829% previous French 6-Month BTF Auction 3.755%,3.697% previous US Dec Leading Index (MoM) -0.1%, -0.3%...

Europe Roundup: Sterling trades narrow range versus dollar before PMIs , European shares rally ,Gold dips, Oil price rises as geopolitics overshadow demand worries-January 22nd,2024

Jan 22, 2024 13:38 pm UTC| Market Roundups

Market Roundup Swiss Dec M3 Money Supply 1,136.2B , 1,132.5B previous Belgium Jan Consumer Confidence -2 , 0 previous Looking Ahead Economic Data(GMT) 13:55 French 12-Month BTF Auction 3.319% previous 13:55...

America’s Roundup: Dollar edges lower, Wall Street ends higher, Gold down 1% for the week, Oil falls marginally on China demand fears, but posts a weekly gain

Jan 20, 2024 03:20 am UTC| Market Roundups

Market Roundup Canada Nov Core Retail Sales (MoM) -0.5%,-0.1% forecast,0.6% previous Canada Retail Sales (MoM) -0.2%,0.0% forecast,0.7% previous US Dec Existing Home Sales (MoM) -1.0%,0.8% previous US Dec...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

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...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

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...

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,...

Technology

Samsung's Galaxy S25 Rumored to Boost Longevity with 'Battery AI'

Samsungs upcoming Galaxy S25 Ultra is poised to incorporate Battery AI, an innovative technology promising to improve battery life by up to 10% through smarter energy management. Unlocking the Potential of Battery AI in...

AI Protocol Render (RNDR) Soars 15% As Bitcoin Fights For Balance

As Bitcoin grapples with market volatility, altcoin Render (RNDR) stands out with a remarkable 15% surge, showcasing its resilience amid the crypto markets tumult. This surge comes as Bitcoin struggles to find stability,...

Huawei's Covert US Funding Scheme Raises Eyebrows Amid Export Ban

The revelation of Huaweis discreet sponsorship of U.S. research through a Washington-based foundation has reignited concerns about the efficacy of the export ban. Despite regulatory hurdles, the tech giant managed to fund...

Crypto.com's F1 Sponsorship Expansion Sparks Global Visibility Drive

Crypto.com, one of the top exchanges in the digital currency ecosystem, is set to expand its sporting ad budget. Notably, the trading platform is looking to expand its dominance in its push for global...

Stablecoins Set to Overtake Visa, Ripple CEO Affirms XRP and ETH Not Securities

Stablecoins are poised to challenge Visas dominance in payment volume, marking a significant shift in the crypto landscape. Meanwhile, Ripple CEO Brad Garlinghouse asserts that XRP and Ethereum (ETH) are not securities,...