Featured Post

KodakOne could be the start of a new kind of intellectual property

By Chris Berg Et Al

Its easy to be a bit amused about Kodaks new blockchain and cryptocurrency, the KodakOne. The old photography company is the classic case of a firm that failed to keep up with technological change. But now Kodak is...

Quantum speed limit may put brakes on quantum computers

By Sebastian Deffner

Over the past five decades, standard computer processors have gotten increasingly faster. In recent years, however, the limits to that technology have become clear: Chip components can only get so small, and be packed only...

Could the blockchain be the salvation of the pharmaceutical industry?

By Anca Petre

Currently 53% of the population doesnt trust the pharmaceutical industry. Most of this mistrust is caused by the numerous scandals that have hit the industry in recent years, often related to controversial clinical-trial...

Sustainable shopping: is it possible to fly sustainably?

By Andrew Glover

Shopping can be confusing at the best of times, and trying to find environmentally friendly options makes it even more difficult. Welcome to our Sustainable Shopping series, in which we ask experts to provide easy...

It's time to get ready for augmented reality

By Matt Adcock

The worlds largest annual consumer technology show CES 2018 in Las Vegas ends today and some of the most exciting gadgets this year were on display in the augmented reality (AR) marketplace. This follows the news,...

Will the weather get worse in 2018? What the experts say

By Lindsay Beevers

Last year unleashed some catastrophic weather across the world. At the beginning of 2017, Australia experienced one of the hottest summers on record in Sydney and Brisbane, followed by a killer summer heatwave across...

Is warming in the Arctic behind this year's crazy winter weather?

By Jennifer Francis

Damage from extreme weather events during 2017 racked up the biggest-ever bills for the U.S. Most of these events involved conditions that align intuitively with global warming: heat records, drought, wildfires, coastal...

Good luck banning fake news – here's why it's unlikely to happen

By Zhongdong Niu

French president Emmanuel Macrons recent pledge to make a new law to tackle perceived fake news has touched nerves in some corners with its potential impact on freedom of expression. Fake news is nothing new there have...

A brief history (and a look into the future) of fitness technology

By Brad Millington

Have you recently taken ownership of a shiny new activity tracking device? For many people, the essential fitness kit now includes gadgets designed not for sitting and staring at a screen, but for encouraging users to get...

The forecast for British-Chinese relations in 2018: a storm on the horizon

By Martin Thorley

As vague, well-worn pronouncements on the rise of China give way to the complex reality of increasing Chinese power, a number of countries have begun to seriously consider the influence of the Party-State within their own...

Virgin boycott and the Daily Mail's strange notion of press freedom

By Justin Lewis

Virgin Trains recent decision to decide not to include the Daily Mail amongst the publications it offers its West Coast customers has received predictable howls of outrage. The foreign secretary, Boris Johnson, found time...

For black celebrities like Oprah, it's impossible to be apolitical

By Lauren Rebecca Sklaroff

Oprah Winfreys rousing Golden Globe speech has many speculating whether the media mogul will become a presidential candidate in 2020, with some pundits questioning the merits of another celebrity president. But to...

When sexual assault victims speak out, their institutions often betray them

By Jennifer J. Freyd

A 27-year-old medical resident in general surgery is sexually harassed by two men the chief resident and a staff physician at the hospital. She feels trapped. When one of the mens actions escalates to assault, she...

Local conflict and the economy: what can we learn from Indonesia's Maluku

By Yogi Vidyattama

It has been almost 20 years since Indonesia faced socio-economic crises marked by internal conflicts. My recent study shows Malukus (and North Malukus) economy could have recorded much higher growth an estimated 60.3% gap...

Why a drug treatment for dementia has eluded us

By Jürgen Götz

Finding a cure for neurodegenerative diseases such as Alzheimers is challenging. Theyre difficult to diagnose, and drugs struggle to get into the brain as the brains blood supply is largely separate to the rest of the...

Eating weed gummies at work? Maybe not until 2028.

By Fiona Clement Et Al

A customer walks into a downtown marijuana dispensary to browse the hash menu for the perfect after-lunch pick-up. Another flicks through images in an online store, planning to purchase a selection as a hostess...

What are antioxidants? And are they truly good for us?

By Jacqui Adcock

Antioxidants seem to be everywhere; in superfoods and skincare, even chocolate and red wine. Products that contain antioxidants are marketed as essential for good health, with promises to fight disease and reverse...

The invisible infrastructure of giving – and why it matters

By Michele Fugiel Gartner

Charitable giving may seem like a fairly straightforward exchange: from donor to charity. But it is actually made up of many layers and multiple dynamics, many of which are invisible. This the giving infrastructure is...

Squishy robots could be the factory workers of the future

By Steve Davis

Killer robots are already among us. Not weaponised drones, but industrial robots working alongside humans in factories that can cause significant injuries and occasionally deaths if an accident occurs. In 2015, an employee...

Sport and social media's rocky relationship is safe ... for now

By Alex Fenton

Sports clubs and players are without doubt the giants of social media. Facebook, Twitter, Instagram and YouTube have a mindboggling number of sport followers from around the world. Real Madrid has 106m likes on Facebook...

Politicians are inflating the evidence used to justify tax increases

By Chris Doucouliagos Et Al

Chris Doucouliagos, Professor of Economics, Department of Economics, Deakin Business School and Alfred Deakin Institute for Citizenship and Globalisation, Deakin University Many government policies are flawed because...

You are more likely to deny the truth in your second language

By Manon Jones Et Al

Whether youre speaking in your native tongue, or in another language, being understood and believed is fundamental to good communication. After all, a fact is a fact in any language, and a statement that is objectively...

People don't trust AI – here's how we can change that

By Vyacheslav W. Polonski

Artificial intelligence can already predict the future. Police forces are using it to map when and where crime is likely to occur. Doctors can use it to predict when a patient is most likely to have a heart attack or...

New housing can be affordable and homely if builders learn lessons from the car industry – and IKEA

By David Morton

For many people, the housing market is not a welcoming place. The rungs of the property ladder seem to get further and further out of reach. There are loud calls to build hundreds of thousands of new homes (and equally...

Does Apple have an obligation to make the iPhone safer for kids?

By Jean Twenge

The average teen spends at least six hours a day looking at a screen, with most of it from using a smartphone. Many parents, naturally, have wondered if so much time spent in front of a screen is safe. Recent...

Why don't electric cars look like the future?

By Matthew Watkins

Electric cars were supposed to be the future or at least look like it. So now theyre here, why do they still look like ordinary petrol and diesel cars and not dazzling props from a science fiction film. Before they hit...

From bad to worse? 5 things 2018 will bring to the Middle East

By James L. Gelvin

Its always dangerous to make predictions about the Middle East. After all, few experts foresaw Anwar al-Sadats trip to Jerusalem in 1977, which led to the first peace treaty between Israel and an Arab state, nor did...

How blockchain can democratize green power

By Srinivasan Keshav

Imagine buying a solar panel from a hardware store, mounting it on your roof, then selling the green electricity you produce at a price you set. Is this even possible? Some companies certainly think so. These startups...

Net neutrality may be dead in the US, but Europe is still strongly committed to open internet access

By Saleem Bhatti

The belief that unrestricted internet access is vital to modern life is not necessarily a view held by all businesses that provide internet services. And now that net neutrality the equal treatment of all data sent and...

Green bonds are taking off - and could help save the planet

By Vasundhara Saravade Et Al

The tragedy of the horizons, a term coined by Canadas Mark Carney, governor of the Bank of England, has been haunting the financial sector ever since climate change began posing serious threats to the planet. As Carney...

The Bank of England is planning a Bitcoin-style virtual currency – but could it really replace cash?

By Bill Buchanan

Governments are extremely worried about cryptocurrencies such as Bitcoin. These virtual currencies mean you can make payments without involving the banks that most economies and government financial models are built on....

Social media companies should ditch clickbait, and compete over trustworthiness

By Aram Sinnreich Et Al

Social media websites and online services, created to profit from connecting people and encouraging global conversations, have a deep and troubling dark side. Malicious users have exploited these forums for free speech in...

Driverless cars could be better or worse for our health – it’s up to us

By Jim Sallis

Driverless cars autonomous vehicles are coming. The topic is a constant presence in media; The New York Times Magazine recently devoted most of an issue to it. The technological imperative is strong: if we have the...

A high price for policy failure: the ten-year story of spiralling electricity bills

By David Blowers

Politicians are told never to waste a good crisis. Australias electricity sector is in crisis, or something close to it. The nations first-ever statewide blackout, in South Australia in September 2016, was followed by...

The five most anticipated digital games of 2018

By Marcus Carter

Its been an interesting year for digital games. PlayerUnknowns Battlegrounds became the most played PC game on the digital distribution platform Steam, with its battle-royale, scavenge and survive 100 player gameplay...

#MeTourism: the hidden costs of selfie tourism

By Marianna Sigala

Technology has changed the way we travel. Smartphones, travellers comments and photos, search engines and algorithms can all inspire and empower us to plan complex journeys all over the globe within minutes. Planning...

Research on how self-control works could help you stick with New Year's resolutions

By Marco A. Palma

Many of us have already decided that things will be different in 2018. Well eat better, get more exercise, save more money or finally get around to decluttering those closets. But by the time February rolls around, most...

China's economic power is actually a lot smaller than you think

By Peter Robertson

Chinas economic presence on world markets is actually much smaller than that of the United States of America and smaller than our key three asia-pacific allies combined. In recent years, reports by financial...

Three things that will shape the economy in 2018

By Jonathan Michie

Whether you follow opinion polls, experts, the media, or soothsayers, a few common themes have emerged regarding the economy in 2018 and beyond. These are Brexit, the rise of the robots and a continued obsession with...

Read this before you go sales shopping: the environmental costs of fast fashion

By Patsy Perry

Its tough to love our clothes and keep wearing them for longer when we are faced with a tempting array of newness on offer in the shops. But before you head out into the January sales for those irresistible deals, spare a...

Supersized cities: residents band together to push back against speculative development pressures

By Jason Twill

Across the worlds cities, the over-reliance on speculative, developer-led urban renewal models is clear. This imbalance is now challenging the liveability of our cities. The risk of financial loss means speculative...

The key to a vibrant democracy may well lie in your workplace

By Andrew Timming

When you go to work, does your employer tell you what to do and expect you to do it? Or do they instead ask you what you think the company should be doing to improve its operations and become more efficient? It turns...

What data tells us about the best cricket players

By Steven Stern

In this series were looking at how the economics of sports is doing away with hunches and intuition. Using data and research to evaluate players, strategies and even leagues. Fans will often rank and compare cricket...

Why your doctor may not be able to help you lose weight

By Jennifer Kraschnewski

Obesity was designated a disease in 2013 by the American Heart Association and American Medical Association. Obesity, defined as a body mass index of 30 or higher, had long been identified as a health condition, but its...

Are you a "cyberloafer"? Why internet procrastination is making life easier for hackers

By Lee Hadlington

The biggest threat to an organisations cyber-security comes from within, according to a growing body of evidence. Employees are frequently putting their companies at risk of hacking by sharing their passwords, using public...

Like it or loathe it, here's why Apple doesn't need a planning permit for its Fed Square store

By Matt Novacevski

Despite the prominent public role played by Melbournes Federation Square, Apples new flagship store to be built within it wont even require a planning permit. This is thanks to an obscure planning process that planning...

What psychiatrists have to say about holiday blues

By Linda Saab Et Al

This time of the year brings a lot of changes to the usual day-to-day life of hundreds of millions of people: The weather is colder, trees are naked, snowy days become plentiful and friendly critters are less visible...

Can you keep your kids safe watching YouTube?

By David R Brake

In recent weeks parents have been shaken by media reports about upsetting, offensive or crassly commercial videos that children using YouTube and YouTube Kids could be exposed to just by following links from content they...

Why can't dogs eat chocolate?

By Susan Hazel

Most pet owners know chocolate and dogs dont mix. Despite this, chocolate poisoning in dogs remains a problem, particularly at Christmas, as a new study in the journal Vet Record shows. Chocolate and cocoa are products...

How the law itself can be a corrupting, criminal force – and what can be done about it

By Lorenzo Pasculli

There are two sorts of corruptions one when the people do not observe the laws; the other when they are corrupted by the laws: an incurable evil, because it is in the very remedy itself. With these words more than...

What we can expect from China's economy in 2018

In 2017, we saw the consolidation of Chinas power and influence globally, and of Communist Party leader Xi Jinpings power nationally. This year, the party will try to use this to tackle some of its biggest economic hurdles...

U.S. inflation likely to have moderated in December – TD Economics

14:19 PM| Commentary

U.S. inflation is likely to have moderated in December. According to a TD Economics research report, the headline consumer price inflation is expected to have moderated to 2.1 percent year-on-year in December, with prices...

German economy likely to expand 2.5 pct in 2018 - Commerzbank

13:42 PM| Commentary

The German Federal Statistical Office had indicated that the German economy expanded by a good 0.5 percent in the fourth quarter on a sequential basis. Thus, the starting point for 2018 continues to be quite robust, noted...

FxWirePro: Key charts explaining crude oil inventories and production report of EIA

13:28 PM| Commentary

Here are some key charts based on data from United States Energy Information Agency (EIA) that explains the level of inventories, refinery demand, and production. Chart 1 shows crude oil production in the United...

PBoC likely to inject liquidity to banking system, to hike money market rates again in 2018 - Scotiabank

12:58 PM| Commentary

The Peoples Bank of China stated that it conducted CNY 60 billion of seven-day reverse repos and another CNY 60 billion of 14-day reverse repo on Wednesday after skipping its daily open market operations for 12 consecutive...

Global Geopolitical Series: Russia to stand by Iran on nuclear agreement

12:57 PM| Commentary

As the deadline to save the Joint Comprehensive Plan of Action (JCPOA), better known as Iran nuclear agreement looms ahead, Russia has announced that it is going to stand by Iran and stand up for the viability of Irans...

FxWirePro’s crude-driven FX trades well on functionality amid roaring oil bulls – Uphold for smart hedging

12:32 PM| Research & Analysis Insights & Views

Weve advocated three commodity driven FX trades anticipating upside risks of the underlying crude prices. Long a 6m 0.9450-0.9120 AUD put/CAD call spread. Paid 0.74%. Marked at 0.37%. We advocate buying USDCAD 1m...

U.S. Treasuries climb ahead of 30-year auction, FOMC member Dudley’s speech

11:28 AM| Commentary Economy

The U.S. Treasuries climbed Thursday ahead of the 30-year auction, scheduled to be held today at 18:00GMT. Also, investors are eyeing the release of initial jobless claims and the producer price index inflation, today at...

German bunds surge despite better-than-expected Eurozone industrial production; eyes on ECB’s account of monetary policy meeting

10:46 AM| Commentary Economy

The German bunds surged Thursday as investors have largely shrugged-off the eurozones industrial production for the month of November. Also, market participants are closely eyeing the European Central Banks (ECB) account...

Australian retail sales record strongest monthly rise since February 2013, underpinned by release of iPhone X

06:54 AM| Commentary Economy

Australias retail sales for the month of November recorded its strongest monthly rise since a similar gain in February 2013, underpinned by the release ofthe iPhone X and increasing popularity of BlackFridayand associated...

Upbeat December global PMI rounds off best year since 2014 – IHS Markit

20:22 PM| Commentary

Positive December IHS Markit PMI surveys rounded off the best year since 2014, with businesses in growth mode, as seen in increasing investment and decade-high hiring. A surging euro area continued to lead the growth, with...

Top Stories

Digital Currency Revolution

Why unregulated cryptocurrencies could trigger another financial crisis

By Iwa Salami - 15:35 PM| Insights & Views Digital Currency

The price of bitcoin hit $17,000 late last year and although the cryptocurrency has plunged since then there are signs that an absence of regulation can hurt investors and trigger the next financial crisis. Despite...

Autonomous vehicles could help millions of people catch up on sleep, TV and work

By Eric Williams - 14:34 PM| Insights & Views Technology

What would you do if you could magically reclaim all the time you spend behind the wheel of a car? Ultimately thats what a future filled with autonomous vehicles is promising. There are many questions about what...

Digital Currency Revolution

South Korean Justice Ministry prepares bill to ban cryptocurrency trading

10:18 AM| Digital Currency

The South Korean government is planning to ban cryptocurrency trading in the country and is drafting a bill on these lines, Reuters reported. While recent reports suggested that the government was planning to ban...

Kodak Turns To Cryptocurrency And Blockchain To Protect Intellectual Property Of Photos

12:41 PM| Technology

Intellectual rights when it comes to photos and pictures have always been a touchy issue, and now Kodak wants to get cryptocurrency and Blockchain involved. The company is basically considering using its own digital coin...

Digital Currency Revolution

Japan-based Fisco to launch cryptocurrency fund

06:26 AM| Digital Currency

Fisco, a Japan-based financial information provider, has announced its plans to launch a cryptocurrency fund. Nikkei Asian Review reported that the fund will invest over 300 million yen in cryptocurrencies such as...

Big Oil Sued By New York City Over Pollution, Divests Away From Fossil Fuel

12:40 PM| Science

New York City Mayor Bill de Blasio is cranking up the heat in its fight against climate change and pollution by suing major oil companies. The lawsuit names BP, Chevron, ConocoPhillips, Exxon Mobil, and Royal Dutch Shell...

iPhone Batteries Cause Fire Scare Two Days In A Row, More To Come

12:20 PM| Technology

It seems Apples battery issues are only going to get worse. While the company is facing class-action lawsuits and criminal probes for slowing down older iPhones, there are also cases of batteries causing fire scares. The...

Blockchain Revolution Series

US SEC suspends stock trading of UBI Blockchain Internet

03:50 AM| Digital Currency

The U.S. Securities and Exchange Commission (SEC) has temporarily suspended trading of UBI Blockchain Internet stock. Hong Kong-based UBI Blockchain Internet offers research and application in the blockchain technology...

A month in, Tesla's SA battery is surpassing expectations

By Dylan McConnell - 01:34 AM| Insights & Views Technology

Its just over one month since the Hornsdale power reserve was officially opened in South Australia. The excitement surrounding the project has generated acres of media interest, both locally and abroad. The aspect that...

Amazon drives a fifth city-shaping retail revolution

By Paul Drechsler - 12:44 PM| Insights & Views Technology

As possibly the worlds oldest economic activity, retailing didnt venture away from the traditional street, with its congestion, grime and weather exposure, until about 1800. This resulted in new types of retail space,...

Econotimes Series


U.S. Treasuries suffer ahead of initial jobless claims, 10-year TIPS auction

The U.S. Treasuries continued to be beaten Thursday as investors look forward to the countrys weekly initial jobless claims, scheduled to be released today by 13:30GMT, followed by the Philly Fed Manufacturing index, due...

UK gilts slump on expectations of decline in December retail sales

The UK gilts slumped Thursday on expectations that the countrys December retail sales, due on January 19 by 09:30GMT will fall -0.6 percent, compared to 1.1 percent in November, adding further direction to the debt...

Global Geopolitical Series: Trump likely to slap hefty fines on China over intellectual property theft

U.S. President Donald Trump is likely to take his trade war with China to the next level by slapping a hefty fine over Chinas intellectual property theft. In an interview with Reuters, Trump and his economic adviser Gary...

German bunds plunge in silent trading session ahead of ECB member Coeure’s speech

The German bunds plunged Thursday amid a silent trading session ahead of European Central Bank (ECB) member Coeures speech, scheduled to be held today by 14:30GMT for further direction in the debt market. The German...

Australian unemployment rate likely to trend lower over next few months, remain supportive of wage growth recovery

Australias unemployment rate is expected to trend lower over the next few months, which should help to support an eventual recovery in wage growth, according to a recent report from ANZ Research. Looking at the countrys...


GOP tax plan doubles down on policies that are crushing the middle class

The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than ones parents, and retiring in comfort are all hallmarks of a middle-class...

What does Ramaphosa's victory mean for South Africa's economy?

A great deal is expected from Cyril Ramaphosa who was elected as the president of South Africas governing party, the African National Congress (ANC). This positions him to become the countrys president in 2019. Sibonelo...

Cyril Ramaphosa prepares to confront South Africa's bleak future

Among all the remarkable turns in African politics this year, one of the most momentous was Decembers ANC party congress in South Africa, where the party chose a new president: Cyril Ramaphosa, who narrowly bested...

Is the British monarchy actually adapting to changing social norms?

Is the royal marriage story were being sold really a fairy tale come true? Or is it a story spun by Buckingham Palace for its own self-interest, one shrouded in myth and make-believe? In the coverage of next summers...

Politics won out over international law in recent UN elections

For the first time in the courts history, the UK will not have a judge sitting at the International Court of Justice (ICJ). Christopher Greenwood, who was seeking a second nine-year term, pulled out of the race on November...


Urban Farming Could Be Humanity’s Best Hope To Solve Deforestation And World Hunger

World hunger and global deforestation are two of the biggest problems assaulting humanity right now. Sure, theres also climate change, but it can almost be considered an umbrella under which all of the global threats from...

Automation Takes Over Stem Cell Manufacturing Too, FDA Approves

When discussing stem cell research, most people would likely bring up scientists harvesting stem cells from living tissue. While this is certainly true, there is now a new method that would allow researchers to manufacture...

Popular Pain Medication Ibuprofen Could Lead To Male Infertility, Study Says

Ibuprofen is one the most well-known pain medications in the West, taken by millions of people every day. Its a particular favorite of many athletes who suffer from muscle soreness and joint pains. According to a recent...

Scientists 3D-Print Living Tissue That Form Shapes, Pointless Or Gateway To Westworld?

Synthetic tissue has been a huge source of excitement in the scientific community for years, especially after 3D-printing technology really took off. Recently, scientists reveal that they were able to create shapes with...

Climate Change Impact Will Include More Asylum Seekers In Cooler Countries, Study Says

The impact that climate change can have is nearly universal. It pervades every aspect of human and animal life, making the planet uninhabitable by the day. One of the most alarming results of the increasingly hostile...


Apple Employees Get $2,500 Bonuses In Celebration Of Major Tax Cut

Apple might be a little late to the celebration game, but it will reportedly be giving employees $2,500 in bonuses to celebrate the recently passed tax cut bill. These bonuses will supposedly come in restricted stock units...

iPhone Users Beware, New iMessage ‘Text Bug’ Is Freezing Devices

A new bug that targets the iMessage feature on iPhones called chaiOS is currently floating around. Users who receive a message containing this bug are warned not to open it because it will cause their devices to crash....

Apple To Pay $38 Billion In Tax For Plans To Bring Home Its Billions From Overseas

Apple recently announced that it would be bringing home the bulk of its overseas funds, which happens to be the largest of any U.S. company. This would involve paying $38 billion in taxes, but it seems the company doesnt...

Apple Is Hiring For Work-From-Home Jobs Positions

Job hunters might want to perk up and pay attention. Apple is currently looking for new employees for both full-time and part-time positions that would allow them to work from home. Officially called At Home Advisors, the...

China Adds To Apple iPhone Slowdown Woes, Wants Answers

Yet another consumer group from a major smartphone market is looking for answers from Apple with regards to the issue of slowing down older iPhones. The Shanghai Consumer Council sent the Cupertino firm a letter, asking...
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2018-01-18 16:31:10

January 18 16:00 UTC Released

USEIA Weekly Heatoil Stock


0.084 M



-0.769 M

January 18 16:00 UTC Released

USEIA Weekly Crude Runs


-0.448 M



-0.285 M

January 18 21:30 UTC 227227m

NZManufacturing PMI




57.7 0

January 19 07:00 UTC 797797m

DEProducer Prices MM




0.1 %

January 19 07:00 UTC 797797m

DEProducer Prices YY




2.5 %

January 19 08:00 UTC 857857m

HUGross Wages YY




12.8 0

January 19 09:00 UTC 917917m

EZCurrent Account NSA,EUR




35.9 Bln EUR

January 19 09:00 UTC 917917m

EZCurrent Account SA, EUR




30.8 Bln EUR

January 19 09:30 UTC 947947m

GBRetail Sales MM




1.1 %

January 19 09:30 UTC 947947m





1.2 %


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