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Sat, May 04, 2024 09:29 PM All times are UTC

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Europe Roundup: Euro eases despite upbeat CPI figures, dollar steadies near 1-month low, markets eye BoE policy meeting outcome - Thursday, March 16th, 2017

Mar 16, 2017 11:52 am UTC| Market Roundups

Market Roundup EUR/USD -0.2%, USD/JPY flat, GBP/USD -0.3%, DXY -0.05% DAX +1.0%, CAC +0.7%, Brent +1.3%, Gold +0.6%, Copper +1.4% Dollar steadies after worst fall in two months EZ Feb Inflation final...

Asia Roundup: Antipodeans ease on downbeat domestic data, dollar slumps as Fed sticks to gradual rate hike, Asian share advance - Thursday, Friday 16th, 2017

Mar 16, 2017 06:28 am UTC| Market Roundups

Market Roundup BoJ leaves monetary policy as is, as forecast, short rate target -0.1%, 10-year JGB target @zero, vote 7-2, to maintain QQE, Sato-Kiuchi again dissent, economic assessment left mostly as is, housing...

Americas Roundup: Dollar tumbles after Fed says rate hike pace seen gradual, Oil rebounds as U.S. crude inventories ease off record high - March 15th 2017

Mar 15, 2017 21:57 pm UTC| Market Roundups

Market Roundup Fed hikes rate 25bps as expected vote was 9-1 Kashkari voted to hold, signal total 3 hikes in 2017. Fed: Consensus firms for 3 hikes in 2017 sees faster pace of increases in 2019, 2018 and longer-run...

Europe Roundup: Sterling skids on weak UK wage figures, euro gains amid Dutch and France election uncertainty, markets eye FOMC meeting outcome - Wednesday, March 15th, 2017

Mar 15, 2017 11:38 am UTC| Market Roundups

Market Roundup EUR/USD +0.2%, USD/JPY -0.1%, GBP/USD +0.4%, DXY +0.2% DAX +0.05%, CAC +0.05%, Brent +1.5%, Gold +0.4%, Copper +1.0% GBP softer on the back of the lower than expected UK earnings growth...

Asia Roundup: Kiwi gains on better-than-expected current account figures, dollar eases ahead of FOMC meeting, crude oil volatile after surprise U.S. stock drawdown - Wednesday, March 15th, 2017

Mar 15, 2017 06:27 am UTC| Market Roundups

Market Roundup Workers at Japans top companies to get meager 17 pay hikes - Reuters. Japan FY 17 base wage hikes seen lower than in FY 16 MNI. China Prem Li Doesnt want trade war with US, 6.5% growth...

Americas Roundup:Dollar advances as Fed widely expected to raise rates,Oil drops to 3-month low, U.S. erases all gains since OPEC output-March 15th,2017

Mar 14, 2017 21:40 pm UTC| Market Roundups

Market Roundup US PPI rises broadly +2.2% y/y, core +1.8% y/y, points to firming inflation. US Redbook +1.3% y/y v 1.0% previous. IMF: global economy showing more positive momentum w/cyclical upturn in...

Europe Roundup: Sterling hits 8-week low on renewed Brexit and Scottish referendum concerns, political risks weigh on euro, FOMC policy meeting looms - Tuesday, March 14th, 2017

Mar 14, 2017 11:49 am UTC| Market Roundups

Market Roundup Market opens risk-off as impending FOMC decision and Dutch vote limits investor appetite UK parliament passes bill to launch Article 50, March 27 seen as probable date France Fillons...

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Economy

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...

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...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

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...

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...

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...

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...

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...

Technology

Vodafone Ventures into Crypto Integration: SIM Cards to Host Blockchain Wallets

Vodafone, the UK-based telecom giant, is pioneering a groundbreaking initiative to fuse blockchain technology with smartphone functionality by integrating cryptocurrency wallets directly into SIM cards. This innovative...

Leak: Huawei's Kirin PC Chip, Qingyun Notebooks to Launch Next Month

Leaked information hinting at the imminent debut of the highly anticipated Kirin PC chip alongside the release of new Qingyun notebooks. The introduction of this computer-dedicated CPU marks a significant milestone for...

Tesla Enhances Model Y Lineup with Longer-Range Variant, Price Adjustment

Tesla has revamped its Model Y offerings, bidding farewell to the standard range rear-wheel-drive (RWD) model while introducing a longer-range variant for an additional $2,000. This strategic maneuver aligns with Teslas...

Shiba Inu Coin Rockets as Burn Rate Skyrockets 1000% Amidst Market Rally

Shiba Inu Coin (SHIB) ignites the crypto market with a phenomenal rally, propelled by a staggering 1000% surge in burn rates. As 29.11 million SHIB tokens are destroyed, market confidence soars, pushing SHIB past crucial...

Dogecoin Surges 13% as Network Activity Soars, Hits 28,000 New Addresses

Dogecoin experiences a remarkable surge, with its price skyrocketing by 13% in response to an unprecedented rise in network activity. On-chain analytics reveal a staggering influx of 28,000 new addresses, signaling renewed...