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Tue, May 07, 2024 07:23 PM All times are UTC

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Asia Roundup: Antipodeans near multi-week lows, North Korea's missile test triggers risk-off sentiment, Asian shares ease amid geopolitical tensions - Monday, March 6th, 2017

Mar 06, 2017 06:29 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data - Specs cut net long USD positions to smallest since early October 16, GBP shorts up however, CHF too, CAD and AUD longs up. Trump accuses Obama of plot to wiretap Trump Tower...

Americas Roundup: Dollar slips as investors take profits,Yellen signals rate hike in March, U.S. stocks up for 6th week-March 4th,2017

Mar 03, 2017 23:10 pm UTC| Market Roundups

Market Roundup US Markit Composite final PMI 54.1 v 54.3; Svcs 53.8 v 53.9 previous. US ISM N-Mfg PMI 57.6 v 56.5 forecast, 56.5 previous; employment new order higher, prices paid lower. Feds Yellen: March...

Europe Roundup: Sterling slumps on downbeat service PMI, euro rises as France's Macron gains support, markets eye Fed Yellen and Fischer's speech - Friday, March 3rd, 2017

Mar 03, 2017 11:59 am UTC| Market Roundups

Market Roundup GBP/USD -0.35%, EUR/GBP +0.7%, USD/JPY -0.09% DXY -0.11%, DAX -0.40%, Brent +02.4%, Iron -1.5%, Gold -0.45% EZ Final Feb Composite PMI 56.0 vs 56.0 previous, 56.0 expected UK Feb Service...

Asia Roundup: Antipodeans touch multi-week trough following downbeat Chinese service PMI, dollar steadies on March Fed rate hike bets, Asian shares trade in red - Friday, March 3rd, 2017

Mar 03, 2017 06:27 am UTC| Market Roundups

Market Roundup Japan FinMin Aso Wants to debate rules for free-fair trade with US Japan Jan nationwide core CPI +0.1% y/y, Tokyo Feb core -0.3%, unch and -0.2% forecast, nationwide core up for first time on...

Americas Roundup: Dollar gains as hawkish Fed comments raise March rate hike expectations, Oil down more than 2 pct as Russian output cuts stall-March 3rd, 2017

Mar 02, 2017 22:15 pm UTC| Market Roundups

Market Roundup US jobless claims -19k (223k v 242k previous) near 44-yr low; Continuing claims +3k, 4-wk avg -6.25k. Feds Powell: Case for March rate hike has come together, wants to get rates well above zero...

Europe Roundup: Sterling hits 6-week low despite upbeat construction PMI, dollar rallies on March Fed rate hike prospects, European shares off 15-month peak- Thursday, March 2nd, 2017

Mar 02, 2017 12:06 pm UTC| Market Roundups

Market Roundup EUR/USD -0.2%, USD/JPY +0.4%, GBP/USD -0.1%, DXY +0.2% FTSE +0.1%, CAC +0.1%, Brent -0.8%, Gold -0.4%, Copper +0.3% USD/JPY hits 2-week high at 114.33, eyes Feb high at 114.95 DXY higher...

Asia Roundup: Aussie eases on weaker than expected trade balance, dollar index steadies near 7-week peak following Fed Brainard's hawkish comments, Asian shares rally – Thursday, March 2nd, 2017

Mar 02, 2017 06:23 am UTC| Market Roundups

Market Roundup Fed Gov Brainard Rates can rise soon given improved global conditions, employment, and inflation goals nearly met, for retaining Fed balance sheet, fiscal boost could lead to higher inflation,...

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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

Amazon Opens Online Shopping for South African Customers

Amazon has finally arrived in South Africa. With its launch in the region, Jeff Bezos e-commerce platform is expected to compete with the leading local online shopping player, Takealot.com. The American e-commerce giant...

Apple Embarks on AI Chip Development for Data Center Capabilities

Apple Inc. is set to transform the tech landscape with its newly developed AI chip, tailored specifically for data center operations. Dubbed Project ACDC, this initiative marks a significant leap in server technology,...

Kia Drops Images of Its New All-Electric EV3 Model Ahead of Release

Kia Motors announced that its latest electric car model called the EV3, is finally coming to the market this month. Ahead of the release, the South Korean automaker dropped images of the anticipated new EV to tease...

Switch Successor Announcement Expected Before Next April, Nintendo States

Nintendo has stated that it will officially introduce the Switch replacement system within this fiscal year before March 31, 2025. Upcoming Nintendo Direct Focuses on Current Switch Games Nintendo president Shuntaro...

Marathon Digital Soars 18% on News of S&P SmallCap 600 Inclusion

Marathon Digital, a leading Bitcoin miner, is set to join the SP SmallCap 600, propelling its shares up by 18%. Announced to replace Aaon in the index on May 8, the move reflects Marathons growing influence in the...