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Market Roundups

Tue, Apr 16, 2024 09:20 AM All times are UTC

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America’s Roundup: Dollar weakens as U.S. services sector growth slows, Gold advances, Wall Street ends lower, Oil slipped lower as China's reform efforts disappoint despite OPEC+ backing

Mar 05, 2024 21:03 pm UTC| Market Roundups

Market Roundup Canada Feb Reserve Assets Total 116.3B , 116.3B previous US Redbook (YoY) 3.1%,2.7% previous US Feb SP Global Composite PMI 52.5,51.4 forecast,52.0 previous US Feb Services PMI 52.3,51.3...

Europe Roundup: Sterling dips traders look ahead to Wednesday's budget , European shares fall,Gold gains, Oil slides as China's reforms disappoint despite OPEC+ support-March 5th,2024

Mar 05, 2024 13:26 pm UTC| Market Roundups

Market Roundup French Jan Industrial Production (MoM) -1.1%, -0.1% forecast,1.1% previous Spanish Feb Services PMI 54.7, 53.4 forecast,52.1 previous Italian Feb Services PMI 52.2 ,52.2 forecast, 51.2...

America’s Roundup: Dollar eases against euro, Wall Street ends mixed, Gold climbs to a three-month peak, Oil settles lower amid subdued demand despite the extension of OPEC+ production cuts

Mar 04, 2024 21:51 pm UTC| Market Roundups

Market Roundup French 12-Month BTF Auction 3.471% previous French 3-Month BTF Auction 3.845% previous French 6-Month BTF Auction 3.768% previous US3-Month Bill Auction 5.255% previous US 6-Month Bill Auction...

Europe Roundup: Euro gains against dollar, European shares subdued, Gold hovers near two-month peak, Oil inches lower amid profit-taking following OPEC+ cut extension-March 24th,2024

Mar 04, 2024 13:29 pm UTC| Market Roundups

Market Roundup Swiss Feb CPI (MoM) 0.6%,0.5%forecast,0.2% previous Swiss Feb CPI (YoY) 1.2%,1.1% forecast,1.3% previous Spanish Unemployment Change-7.5K, 50.0K forecast, 60.4K previous Looking Ahead Economic...

Europe Roundup: Sterling holds steady against dollar , European shares gain , Gold hovers near one-month peak ,Oil rises 1% as markets await OPEC+ decision-March 1st,2024

Mar 01, 2024 13:07 pm UTC| Market Roundups

Market Roundup Swiss Jan Retail Sales (YoY) 0.3%,0.4% forecast,-0.8% previous Italian Feb Manufacturing PMI 48.7,49.0 forecast,48.5 previous French Feb Manufacturing PMI 47.1,46.8 forecast,43.1 previous German...

America’s Roundup: Dollar gains in choppy trading ,Wall Street ends higher, Gold hits 1-month high, Oil prices dips slightly amid US inflation data and increased OPEC production

Feb 29, 2024 23:45 pm UTC| Market Roundups

Market Roundup Canada GDP (QoQ) (Q4) 0.2% -0.1%% previous Canada GDP Implicit Price (QoQ) (Q4) 1.40%,1.70% previous Canada GDP Annualized (QoQ) (Q4) 1.0%,0.8% forecast,-1.1% previous US Jan Personal Income...

Europe Roundup: Euro dips against dollar, European shares mixed ,Gold trdaes flat, Oil prices steady as market awaits interest rate cues-February 29th,2024

Feb 29, 2024 13:26 pm UTC| Market Roundups

Market Roundup German Jan Retail Sales (MoM) -0.4%, 0.5% forecast,-1.6% previous German Jan Retail Sales (YoY) -1.4%, -1.5% forecast,-1.7% previous French Feb CPI (MoM) 0.8%, 0.7% forecast,-0.3%...

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Economy

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Industry shutdowns are messy and painful: 4 lessons Australia’s coal sector can learn from car-makers about bowing out

Shifting Australias electricity sector to low-carbon technologies and closing coal plants is vital to tackling climate change. But such transitions are easier said than done. People and economies are often deeply...

Food prices will climb everywhere as temperatures rise due to climate change – new research

Climate change, and specifically rising temperatures, may cause food prices to increase by 3.2% per year, according to a new study by researchers in Germany. As climate change continues to worsen, this price inflation will...

Industrialisation is still vital to economic development but some countries are struggling to reap its benefits

Alexander Hamilton, one of the founding fathers of the US, wrote a wealth of reports that served as building blocks for the countrys economic system. In 1791, during his time as secretary of the Treasury, Hamilton...

This is how President Ramaphosa got to the 25% figure of progress in land reform in South Africa

Nearly three decades into democracy, land reform remains central to South Africas transformation policies and agricultural policy. We have over the years pointed out that the progress on land reform has been incorrectly...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

China's Commerce Minister to Advocate EV Sector in Europe Amid Subsidy, Tariff Probe

Chinas Commerce Minister Wang Wentao is set to visit Europe in April to address concerns and advocate for the Chinese electric vehicle (EV) industry amid a European Commission investigation into alleged unfair...

South Africa’s electricity crisis: what political parties say in their election manifestos about solving it

South Africa is in the middle of a deep electricity crisis. In 2023 the public, many of whom are voters, experienced the worst loadshedding to date, losing power for an average of five hours a day. The power shortages...

Science

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

What is minoxidil, the anti-balding hair growth treatment? Here’s what the science says

Hair loss (also known as alopecia) often affects the scalp but can occur anywhere on the body. Its very common and usually nothing to worry about; about half of Australian men show signs of visible baldness at age 50 and...

Technology

Doosan Robotics, LG Electronics Debut EV Charging Robot, Kicks Off Pilot Operation in South Korea

Doosan Robotics and LG Electronics have developed an automatic charging machine for electric vehicles. The companies collaborative project is now being tested in South Korea. Doosan Robotics and LG Electronics pilot...

Changpeng Zhao Faces Sentencing, Crypto Community Watches Anxiously

Former Binance CEO Changpeng Zhao prepares for his sentencing on April 30 amid high stakes for the crypto industry. Scheduled in the Western District of Washington, the court will decide if Zhaos cooperation with U.S....

OpenAI Announces Opening of Its First Office in Asia, Rolls out GPT-4 Optimized for Japanese Users

OpenAI has arrived in the Asia Pacific region after opening an office in Tokyo, Japan. This is the companys first hub in the territory and third globally. The office was inaugurated just last weekend. Global Expansion...

Tesla Halts $25,000 Model NV9, Redirects Focus Despite Musk's Earlier Promises

Despite Elon Musks prior claims, Tesla has shelved its anticipated $25,000 electric car, codenamed NV9, prioritizing other technological advancements. The projects delay contradicts earlier projections of a cheaper,...

Adobe Unveils Acrobat AI Assistant Tool for Acrobat and Reader Users

Adobe Inc., formerly known as Adobe Systems Incorporated, announced it has made its artificial intelligence (AI) assistant tool available to users of Acrobat and Readers. The computer software firm said that starting...