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Asia Roundup: Kiwi hits 1-week high on upbeat employment data, sterling off 2-week peak ahead of UK manufacturing PMI, Asian shares at decade high - Wednesday, November 1st, 2017

Nov 01, 2017 06:03 am UTC| Market Roundups

Market Roundup Japan Oct Nikkei Mfg PMI 52.8 vs 52.5 China Oct Caixin Mfg PMI Final 51.0 vs 51.0, forecast 51.0 Release of U.S. House tax bill delayed until Thursday Fed set to hold rates steady ahead...

Americas Roundup: Dollar flat on day, but on pace for best month since February, Wall Street ends higher, Oil up near 2-year highs, Gold falls ahead of U.S. data-heavy week, Fed chair decision -November 1st 2017

Oct 31, 2017 20:57 pm UTC| Market Roundups

Market Roundup US Oct Consumer confidence, 125.9, 121.0 forecast, 119.8 previous. US Q3 Employment wages q/q, 0.7%, 0.5% previous. US Q3 Employment costs, 0.7%, 0.7% forecast, 0.5% previous. US Oct Chicago...

Europe Roundup: Sterling steadies above 1.3200, dollar rebounds from 11-day lows against yen as U.S. Treasury yields resume rise, European shares near 5-month peak - Tuesday, October 31st, 2017

Oct 31, 2017 11:25 am UTC| Market Roundups

Market Roundup EUR/USD -0.15%, USD/JPY 0.14%, GBP/USD 0.05%, EUR/GBP -0.22% DXY 0.07%, DAX 0%, FTSE 0.12%, Brent -0.11%, Gold -0.14% Bank of England sees up to 75,000 finance job losses after Brexit -...

Asia Roundup: Antipodeans slumps on weaker than expected Chinese manufacturing PMI, dollar hits 11-day low against yen as Trump's ex-campaign manager faces charges, investors await BoJ Governor Kuroda's presser - Tuesday, October 31st, 2017

Oct 31, 2017 06:19 am UTC| Market Roundups

Market Roundup BoJ leave policy as is, ultra-easy, Kataoka dissents on YCC, for more ease? Japan Economy expanding moderately, inflation remains weak currently BoJ Forecasts GDP FY 17/18 +1.9%, 18/19...

Americas Roundup: Dollar dips investors take profits after dollar's best week of 2017, Gold rises, Wall Street slips, Brent oil ends above $60 on expected OPEC cut extension-October 31st 2017

Oct 30, 2017 20:06 pm UTC| Market Roundups

Market Roundup US Sep Personal Consumption real m/m, 0.6%, -0.1% previous. US Sep Personal Income m/m, 0.4%, 0.4% forecast, 0.2% previous. US Sep Consumption, Adjusted m/m, 1.0%, 0.8% forecast, 0.1%...

Europe Roundup: Sterling gains on BoE rate hike speculation, euro rebounds on better-than-expected economic data, European shares ease – Monday, October 30th, 2017

Oct 30, 2017 12:09 pm UTC| Market Roundups

Market Roundup EUR/USD 0.22%, USD/JPY -0.08%, GBP/USD 0.3%, EUR/GBP -0.06% DXY -0.28%, DAX 0.07%, FTSE -0.2%, Brent 0.1%, Gold -0.09% Germany Sept Retail Sales YY Real 4.1% vs 2.8%, forecast 3.0%, revised...

Asia Roundup: Aussie off multi-month lows, dollar steadies against yen ahead of BoJ monetary policy meeting, Asian shares gain - Monday, October 30th, 2017

Oct 30, 2017 06:32 am UTC| Market Roundups

Market Roundup Hundreds of thousands march for unified Spain, poll shows depths of division Trump tax overhaul under intensifying fire as Congress readies bill U.S. special counsels Russia probe entering...

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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...

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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

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,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

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

Shiba Inu Price Forecast: Historical Data Predicts May Movement

As April ends, the Shiba Inu cryptocurrency faces crucial market trends, with historical data indicating a possible continuation of its recent price declines into May. Past performance suggests a trend of downturns during...

Google Cuts Jobs in Key Programming Teams Before Developer Conference

Google LLC is laying off staff at its Dart, Flutter, and Python programming teams. Their termination was announced just weeks before the company developer conference, which will be held on May 15. Money Control reported...

MicroStrategy Acquires 122 More Bitcoins, Total Holdings Soar to 214,400 BTC

In a bold move underscoring its commitment to digital currency, MicroStrategy announced the acquisition of an additional 122 bitcoins this April, taking its total holdings to 214,400 BTC. This acquisition, valued at...

Spot Bitcoin ETFs Begin Trading in Hong Kong, Marking New Investment Era

In a significant development, Spot Bitcoin exchange-traded funds (ETFs) commenced trading today in Hong Kong. This launch, eagerly anticipated by domestic and international investors, positions Hong Kong as a key hub for...
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