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Sat, May 18, 2024 11:09 PM All times are UTC

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Americas Roundup: Dollar tumbles as Dudley comments, oil jumps 8 percent after U.S. data -February 4th, 2016

Feb 03, 2016 23:16 pm UTC| Market Roundups

Market Roundup U.S. private sector adds 205,000 jobs in January -ADP. Final Markit Services PMI 53.2, -0.5-pt from prelim; lowest since Oct 13. ISM Jan services index slips to 53.5 vs forecast 55.1. Feds Dudley:...

Europe Roundup: Oil back above $30 a barrel, European stocks drop on weak earnings, German 2-year bond yield hits record low - Wednesday, February 3rd, 2016

Feb 03, 2016 12:27 pm UTC| Market Roundups

Market Roundup EUR/USD continues tight with bull bias, trading in between 1.0904 to 1.0936 levels. GBP/USD better bid after PMI data. Trading in between 1.4385 to 1.4487 levels. USD/JPY soggy within 119.23-120.04...

Asia Roundup: Oil resumes slump, boosting safe-haven assets; Asian shares trade in the red - Wednesday, February 3rd, 2016

Feb 03, 2016 06:49 am UTC| Market Roundups

Market Roundup Japan Jan services PMI 52.4, 5-month high, Dec 51.5. Japan FinMin suspends 10-year JGB sales to individuals - Kyodo. Japan BTMU may impose fees on big company deposits - Nikkei. US Jan light vehicle...

Americas Roundup: Dollar declines against euro, yen on risk aversion, oil sinks for 2nd day on fading hopes of output deal -February 3rd,2016

Feb 02, 2016 23:05 pm UTC| Market Roundups

Market Roundup Feds George: George holds fast to hawkishness, calls for more rate hikes. ECBs Mersch: will continue to have an accommodative monetary policy, have no constraint in the use, diversity or the volume of...

Europe Roundup: Global stocks drop as Oil extends losses; Dollar slips vs Yen and Euro - Tuesday, February 2nd, 2016

Feb 02, 2016 11:58 am UTC| Market Roundups

Market Roundup EUR/USD bid but holds familiar range. Trading in between 1.0883 to 1.0920 levels today. GBP/USD gives back Mondays gain. Trading from 1.4436 to 1.4389 but regains 1.44 ahead of NY. USD/JPY drops to...

Asia Roundup: RBA stays pat, Aussie whiplash post rate decision, Asian shares plunge as oil resumes slump - Tuesday, February 2nd, 2016

Feb 02, 2016 06:49 am UTC| Market Roundups

Market Roundup India Cash Reserve Ratio Stays Flat At 4.00 % (Fcast 4.00 %) Vs Prev 4.00 % India Reverse Repo Rate Stays Flat At 5.75 % Vs Prev 5.75 % India Repo Rate Stays Flat At 6.75 % (Fcast 6.75 %) Vs Prev 6.75...

Americas Roundup: Dollar declines on views of dovish Fed after BoJ move, weak data, Gold climbs to 3-month high –February 2nd, 2016

Feb 01, 2016 23:03 pm UTC| Market Roundups

Market Roundup U.S. cons spending flat; savings at three-year high may hint at growth in near-term. Markit Mfg PMI revised down to 52.4 from 52.7. U.S. construction spending up slightly (0.1%) in Dec from -0.6% in...

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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

Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside

Top analyst Davie Satoshi sees Shiba Inu (SHIB) as a potential gold mine; price analysis predicts a 35% upside. Key Pattern in SHIBs Price Chart The Shiba Inu (SHIB) memecoin has caught the eye of many analysts....

Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

A TikTok video showed a Tesla Cybertruck powering a Houston gas station after a tornado, while Elon Musk responded to a photo of a Saudi prince with a Cybertruck. Cybertrucks Real-World Test Connecting to a Tesla...

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...

Over 50 Million USDT Blacklisted by Tether Amid Regulatory Scrutiny, Details Inside

Tether has blacklisted five wallets holding 54.1 million USDT, amidst increasing regulatory scrutiny and past enforcement actions. Tether Blacklists Five Wallets Holding 54.1 Million USDT Amid Ongoing Regulatory...