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Sat, May 18, 2024 09:47 PM All times are UTC

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America’s Roundup: Dollar edges lower, Wall Street rises, Gold firms, Oil surges by 3% on Middle East tensions and optimistic expectation of a U.S. interest rate cut

Dec 26, 2023 17:58 pm UTC| Market Roundups

Market Roundup US Nov Chicago Fed National Activity 0.03, -0.49 previous US Oct House Price Index (YoY) 6.3% , 6.1% previous US Oct SP/CS HPI Composite - 20 s.a. (MoM) 0.6% ,0.7% previous US Oct SP/CS HPI...

Europe Roundup: Sterling flat against dollar in holiday-thinned trade, Gold gains, Oil inches higher as investors monitor tensions in the Middle East-December 26th,2023

Dec 26, 2023 12:59 pm UTC| Market Roundups

Market Roundup Dollar hovers near five-month low Muted volumes on holiday thinned trade Spanish PPI (YoY) -7.4%,-7.8% previous Looking Ahead Economic Data(GMT) 13:30 US Nov Chicago Fed National Activity...

America’s Roundup: Dollar falls to a 5-month low as US inflation cools, Wall Street ends mixed, Gold rises, Oil falls ahead of the Christmas holiday

Dec 23, 2023 02:46 am UTC| Market Roundups

Market Roundup US annual inflation slows further below 3% in November US Nov Building Permits 1.467M,1.460M forecast,1.498M previous US Nov Building Permits (MoM) -2.1% ,-2.5% forecast,1.8% previous US Nov...

Europe Roundup: Euro gains against dollar, European shares fall, Gold surges near three-week high ,Oil prices rise by around 1% as Red Sea tensions linger

Dec 22, 2023 14:57 pm UTC| Market Roundups

Market Roundup French Dec Consumer Confidence 89, 87 previous French Nov PPI (MoM) 2.4%, -0.1% previous EU Nov PPI (YoY) 0.30%, -1.20% previous Italian Dec Consumer Confidence 106.7,103.8 forecast,103.6...

America’s Roundup: Dollar index falls to a one-week low,Wall Street finishes strongly higher ,Gold gains, Oil prices fall as Angola decides to leave OPEC

Dec 22, 2023 01:36 am UTC| Market Roundups

Market Roundup US Jobless Claims 4-Week Avg. 212.00K, 213.25K previous US Continuing Jobless Claims 1,865K,1,888K forecast, 1,876K previous US Initial Jobless Claims 205K,214K forecast, 202K previous Canada Oct...

Europe Roundup: Euro gains against dollar,European shares slip ,Gold range-bound ,Brent near $80 as US output hits record –December 21st,2023

Dec 21, 2023 13:30 pm UTC| Market Roundups

Market Roundup UK Nov Public Sector Net Cash Requirement 12.453B forecast, 13.329B previous UK Nov Public Sector Net Borrowing 13.41B, 11.90B forecast, 13.97B previous French Dec Business Survey 100, 98...

America’s Roundup: Dollar gains on safe-haven demand, U.S. stocks closes lower, Gold flat, Oil settles up on Red Sea concerns

Dec 21, 2023 01:46 am UTC| Market Roundups

Market Roundup EU Dec Consumer Confidence -15.1, -16.5 forecast,-16.9 previous US Nov Existing Home Sales (MoM) 0.8%,-4.1% previous US Nov Existing Home Sales 3.82M,3.78M forecast,3.79M previous US CB Dec...

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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

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

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...

Technology

Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

A TikTok video showed a Tesla Cybertruck powering a Houston gas station after a tornado, while Elon Musk responded to a photo of a Saudi prince with a Cybertruck. Cybertrucks Real-World Test Connecting to a Tesla...

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...

Over 50 Million USDT Blacklisted by Tether Amid Regulatory Scrutiny, Details Inside

Tether has blacklisted five wallets holding 54.1 million USDT, amidst increasing regulatory scrutiny and past enforcement actions. Tether Blacklists Five Wallets Holding 54.1 Million USDT Amid Ongoing Regulatory...

Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA

The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....