How the City of London is preparing for a hard Brexit
Theresa May has made clear that the UK governments Brexit strategy is to leave the single market and customs union. It ends months of speculation over whether or not it will be a hard or soft Brexit.
The one audience...
Brazilian mid-January inflation likely to have moderated further
The Brazilian mid-January inflation is likely to have moderated further; however, the pace is expected to slow in 2017. The 2016 year-end inflation had come in at 6.3 percent year-on-year, which is below the Brazilian...
UK unemployment report likely to boost pound
Another post-referendum unemployment report will be published today, however, todays report may not be a major market mover for the pound but rather work as a support for all pound based pairs, which got energized by an...
Australian Westpac consumer sentiment remains broadly unchanged in January
The Westpac Melbourne Institute Index of Consumer Sentiment rose by marginally 0.1 percent in January, from previous 97.3 to 97.4. Following December fall of 3.9 percent, the sentiment was little changed in January, moving...
Canadian economic growth likely to accelerate beyond 1.5 pct potential in 2017-2018, says Scotiabank
In the second half of 2016, Canadas economic performance seems to have been mixed; however, activity is expected to bolster in 2017. During 2016, underlying output growth averaged around 1.5 percent year-on-year in the...
JGBs nearly flat as investors remain sidelined amid lack of major domestic events
The Japanese government bonds traded nearly flat Wednesday as investors remain sidelined in any big deal amid lack of any major domestic events. However, market participants will remain focussed on the month-end monetary...
Eurozone current account surplus widens in 3Q16, Brexit developments to have a major impact
The Eurozone current account surplus continues to widen, with a stable external sector providing inherent support to the euro. The zones current account surplus jumped to 3.5 percent of GDP in the third-quarter of 2016,...
Bank Indonesia to cut interest rate in January, inflation likely to accelerate slowly as base effect wanes
Bank Indonesia is likely to lower its key interest rate for one last time before a long pause. According to a Societe Generale research report, the Indonesian central bank is expected to cut its interest rate by 25 basis...
Dairy prices rise slightly at New Zealand GlobalDairyTrade auction
During last nights GlobalDairyTrade auction, dairy prices remained widely stable. In all, prices were up 0.6 percent, after previous auctions 3.5 percent decline. After a 7.7 percent decline last auction, prices of whole...
Asian markets mixed, gold hits fresh 2-month high at $1,218
All the major Asian indices were trading on a mixed note on Wednesday. On the other side gold hits fresh 2-month high at $1,218 and silver was trading around $17.15 marks.
Japans Nikkei was trading around 0.08 percent...
Chart of the Day Series
Chart of the Day: Inequality at its best
This chart probably explains, why socialism is on the rise all acrossthe world, along with the right-wing nationalists. Once is challenging the order od the corporates, while the other is challenging globalism.
U.S. 10-year Treasury yields hit near 2-month low as UK PM May confirms Brexit deal
The U.S. 10-year Treasury yields hit nearly 2-month low Tuesday, following comments from the United Kingdom Prime Minister Theresa May, confirming the execution of the Brexit deal, along with a Parliament vote on the...
UK versus US CPI - Done with upbeat UK inflationary prints? What next with US inflation?
Insights & Views
UK CPI inflation continued its surge in December, as the annual rate firmed to 1.6% y/y from 1.2% y/y in November, the highest since July 2014, well above expectations (CON: 1.4%, LBCB: 1.3%). The CPI core rate (excluding...
U.S. industrial production likely to have recovered in December
The U.S. industrial production is expected to have rebounded in December. In the prior month, the industrial output growth dropped 0.4 percent largely because of a 4.7 percent drop in electricity output that more than...
Ambiguous external, domestic demand outlook challenging for Japan’s economy to meet Abenomics target
In spite of Japanese economy expanding at a strong momentum in 2016, a clouded outlook for external and domestic demand makes it challenging to meet Abenomics ambitious targets, noted Nordea Bank in a research report. The...
Accenture's Fintech Innovation Lab London picks Digital Fineprint
Digital Fineprint, UK-based InsurTech startup, announced that it has been selected from more than 300 applicants to participate in Accentures Fintech Innovation Lab in London.
The announcement follows after Digital...
Scientists Found A Way To Make Pacemaker Batteries Obsolete
Pacemakers have saved a lot of lives over the years by helping to regulate the heartbeats of those with arrhythmia. The problem, however, is that those pacemakers run on batteries that have a tendency to run out of juice...
Completely Solar Powered Luxury Yacht, No Need To Refuel
Luxury yachts can either be powered by the wind blowing on thesails or through gas via engines. Now, a ship-building company in Turkey called Ned Ship made a partnership with the renewable energy firm Solarwave in order to...
Why we should send Bill Gates to Mars
By Michael Molitor -
Insights & Views
Bill Gates, along with a few of his billionaire friends, has launched a US$1 billion fund to support research into energy technologies that will help us address climate change.
The idea behind Breakthrough Energy...
Bee Makes Endangered Species List, Scientific Community Alarmed
Bees are often considered the single most important pollinators in the natural world, helping to spread life all across the land by coming in contact with pollens and spreading them everywhere. Now, one species of these...
Detecting methane leaks with infrared cameras: They're fast, but are they effective?
By Arvind P. Ravikumar -
Insights & Views
Methane is the major component of natural gas, which heats our homes and recently surpassed coal as the top fuel for generating electricity in the United States. But methane is also a powerful greenhouse gas that...
White House sets forth fintech framework for United States
The White House National Economic Council has published a white paper, titledA Framework for FinTech, which expresses the forward-leaning posture of the administration to innovation and entrepreneurship, generally, and...
Airbus Is Planning To Launch Flying Taxi Tests This Year
Airbus is the company that is hoping to introduce flying transportation to replace ground-rooted ones in the future and it would seem that its gearing up to test one of its prototypes this year. The company is thinking...
The trouble with 'microaggressions'
By Nick Haslam -
Few psychological concepts have caught on as successfully as the idea of the microaggression. The term gained wide currency only ten years ago, but by 2015 it had been crowned the word of the year by the Global Language...
Space Science Series
Astronomers spot strange, bow-like structure in Venus' atmosphere
By Andrew Coates -
Venus is known both as the planet of love and the Earths evil twin. And although research suggests its environment is more hellish than romantic, theres actually a lot we dont know about our celestial neighbour. Now...
Electric Car Series
China And Europe Leaves US In The Dust In Electric Car Shift
Tesla may be one of the most recognizable brands in terms of electric cars in the world right now, but according to new data, the U.S. is lagging behind in the adoption of green vehicles compared to China and Europe. This...
Amazons Mysterious Wireless Tests Require FCC Permission
This is the age of wireless connectivity and it would seem that every major company is trying to get in on the action. Amazon already did that with phenomenal Alexa artificial intelligence, but now the retail giant just...
China Wants App Makers To Register With The Government
China wants developers of mobile apps to register with its Cyberspace Administration beginning January 16, 2017, if they want their products to become available in the region. The government says that this is a way to...
How wearable devices are reinventing our cities as open-air gyms
By Carlo Ratti -
When Friedrich Ludwig Jahn, arguably the father of gymnastics and the inventor of the horizontal and parallel bars, opened his first gym (or Turnplatz) in 1811, he decided to locate it outdoors in Berlin.
At the time ...