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Americas Roundup: Dollar gains against euro on expectations for Dec. Fed rate hike, oil gains 5 pct on the week on OPEC hopes, gold slides to 5-1/2-month low-November 19th,2016

Nov 18, 2016 22:24 pm UTC| Market Roundups

Market Roundup DXY charges to 13-yr high, bond tantrum in full swing US bond yields set for biggest 2-wk rise in 13 years. Feds Dudley: Markets seem to expect more stimulus, more rate hikes; but remains unclear for...

Europe Roundup: Sterling steadies above 1.2400, Fed Chair Yellen’s testimony boosts rate-hike expectations, European shares tumble - Friday, November 18th, 2016

Nov 18, 2016 12:06 pm UTC| Market Roundups

Market Roundup USD/JPY +0.35%, EUR/USD 0.0%, GBP/USD +0.02% DXY +0.03%, DAX -0.16%, Brent +0.06%, Iron -2.02%, Gold -0.75% Feds Bullard-Says leaning towards supporting December hike BoEs...

Asia Roundup: Antipodeans hit multi-month lows, dollar index hovers near 14-year high after Fed Chair Yellen hints imminent rate hike, investors eye ECB Draghi’s speech - Friday, November 18th, 2016

Nov 18, 2016 06:18 am UTC| Market Roundups

Market Roundup BOJ Gov Kuroda: No comment on forex levels or daily moves BOJ Gov Kuroda: Desirable for forex to move stably in line with economic fundamentals BOJ Gov Kuroda: Not ruling out fixed-rate...

Americas Roundup: Dollar strengthens against euro after Yellen signals rate hike coming, oil falls as stronger dollar outweighs OPEC deal optimism-November 18th,2016

Nov 18, 2016 00:03 am UTC| Market Roundups

Market Roundup US Oct CPI m/m +0.4% v 0.3% previous y/y 1.6% v 1.5% previous. Weekly jobless claims fall to 43-yr low (235k v 257k forecast) data bolsters Fed Dec rate hike. Philly Fed business index 7.6 v 8.0...

Europe Roundup: Sterling rises above 1.2500 following upbeat retail sales, euro snaps 8-day losing streak, dollar eases as markets cautiously await Fed Chair Yellen's testimony - Thursday, November 17th, 2016

Nov 17, 2016 11:58 am UTC| Market Roundups

Market Roundup USD/JPY -0.04%, EUR/USD +0.33%, GBP/USD +0.2% DXY -0.13%, DAX -0.4%, Brent +0.35%, Iron +0.7%, Gold +0.4% Germany Finmin no possibility of increased fiscal policy due to high debt...

Asia Roundup: Kiwi off 1-month low on upbeat job advertisements report, dollar edges down across the board as surge in U.S. yields eases, investors eye UK retail sales - Thursday, November 17th, 2016

Nov 17, 2016 06:25 am UTC| Market Roundups

Market Roundup China Jan-Oct non-financial outbound direct investment +53.3 pct y/y in U.S. dollar terms to $145.96 bln - Commerce Ministry China Jan-Oct FDI +0.2 pct y/y in U.S. dollar terms to $103.91 bln -...

Americas Roundup: Dollar firms against euro on expectation that U.S government spending could trigger higher inflation, oil falls in choppy trade-November 17th, 2016

Nov 16, 2016 23:07 pm UTC| Market Roundups

Market Roundup US Mfg output unchanged at 0.2% misses 0.3% forecast; PPI final demand m/m 0% v 0.3% forecast. US Industrial output 0% v 0.2% forecast -0.2% previous, capacity utilization 75.3% v 75.5% forecast. ...

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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

Massive SHIB Transfers Occur Despite Sharp Decline in Shibarium Transactions

Shiba Inu (SHIB), a dog-themed cryptocurrency, has seen a startling 3,015% increase in large holder NetFlow, which provides insight into whales changing positions. However, this impressive surge comes with a...

SHIB Whale Activity Surges Amid Plummeting Shibarium Transaction Volumes

While the Shiba Inu developer team continues to work on and implement key updates to the Layer-2 blockchain, Shibarium is seeing a significant drop in transaction volume, which has been ongoing for about a month. This...

AirTag With New Chip and Improved Tracking Due Next Year; No New Mac Studio, Pro Until Mid-2025: Mark Gurman

Apples upcoming AirTag, equipped with an upgraded chip and enhanced tracking, is expected to launch by mid-2025, as detailed by Bloombergs Mark Gurman. He also claimed that Apple will not update the Mac Studio and Mac Pro...

Shibarium Faces 97% Drop in Transactions, Yet Transfers Rise Steadily

High FDVs on Binance Listings Lead to Investor Losses, Analysis Reveals

An analysis of Binance listings over the past six months reveals that high fully diluted valuations often lead to token value loss, adversely affecting regular investors while benefiting insiders. VC-Backed Tokens on...