Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Tue, Jun 27, 2017 12:08 AM All times are UTC Edition :

Follow Series

©Elmin Media . All Rights Reserved.

Malcolm Walter

Professor of Astrobiology, UNSW

Dr Malcolm Walter is Professor of Astrobiology at the University of New South Wales, Australia. He is Director of the Australian Centre for Astrobiology. He has worked for 45 years on the geological evidence of early life on Earth, including the earliest convincing evidence of life. During 1999 his book "The Search for Life on Mars" was published by Allen & Unwin. He has published more than 130 articles and several other books. In 2004 he was elected a Fellow of the Australian Academy of Science, and in 2005 he was made a Fellow on the Geological Society of Australia.

Space Science Series

The new space race: why we need a human mission to Mars

Jun 15, 2017 22:26 pm UTC| Science

If we want to know whether there is life beyond Earth then the quickest way to answer that question is to explore Mars. That exploration is currently being done by remote space probes sent from Earth. The race is on...

Economy

U.S. Treasuries remain mixed ahead of Fed Chair Yellen’s speech, 7-year auction

The U.S. Treasuries slid ahead of a host of speeches by FOMC members throughout this week, especially from the Federal Reserve Chair Janet Yellen, scheduled on June 27. Also, the 5-year and 7-year auctions, due to be held...

U.S. Treasuries remain mixed ahead of Fed Chair Yellen’s speech, 7-year auction

German business confidence sees fifth consecutive rise, underpins optimism for H2 growth

The Munich-based Ifo institutes business climate index rose to 115.1 in June from 114.6 in May, exceeding analysts expectations for a value of 114.4. Ifos two sub-indices measuring current conditions and future...

UK gilts remain downbeat ahead of BoE’s Financial Stability Report, Governor Carney’s speech

The UK gilts remained downbeat at the start of the trading week as investors remain focused to watch the Bank of Englands (BoE) Financial Stability Report (FSR) and Governor Mark Carneys speech, both scheduled on June 27....

Eurozone periphery bonds rally ahead of ECB President Draghi’s speech; investors defy stronger German Ifo business index

The Eurozone periphery bonds rallied Monday as investors wait to watch the European Central Bank (ECB) President Mario Draghis speech later in the day. However, the market has largely shrugged off the benchmark Germanys...

Politics

US under Trump Series: Trump pours on cold water on 'Comey tapes' speculation

With a series of tweets, President Donald Trump poured cold water over the hot speculations that has been brewing for months that there are tapes of conversations between him and the former FBI director James Comey. After...

Why Lesotho's in such a mess and what can be done about it

In an interview following his recent return as Prime Minister of Lesotho, Tom Thabane has blamed the army for the countrys chronic political instability. Stating that his previous administration (after an election in 2012)...

US under Trump Series: US department of Justice launches investigation into Hillary Clinton’s email scandal

According to a Fox News report, which was confirmed by Senate Judiciary Committee Chair Chuck Grassley, the U.S. Department of Justice has launched a formal inquiry into whether former Secretary of State Hillary Clinton...

Data Of Almost 200M Americans Collected By GOP Leaked, No Protection Whatsoever

When collecting data from citizens for use in things like winning elections, it makes sense to afford hoard with heavyweight protection. Not only did the GOP fail to do this, which led to the leak of data of 198 million...

Julius Caesar in our times

All the worlds a stage, Shakespeare once wrote. In recent weeks, that Shakespearean adage has been particularly resonant, with the New York Public Theaters production of Julius Caesar attracting worldwide scrutiny...

Science

Elon Musk Tells Climate Change Deniers To Get A Thermometer

The vast majority of scientists agree that climate change is real and that it is being sped up by human activity, theres no debate there. Unfortunately, there are still those with influence in the political sphere that...

Scientist Say Lack Of Funding Is Biggest Obstacle To Immortality

For centuries, humanity has been searching for ways to live longer, resist diseases, and generally have a happier life. Throughout the centuries, people thought that the biggest challenge to discovering the secret to...

Electric Cars Can Also Power Buildings When Parked, Researchers Say

It seems there is one more reason to get an electric car other than to protect the environment. According to researchers, vehicles running on electricity can also power buildings without suffering battery drain or...

10% Of US Energy Harvested From Renewables, There Is Hope

When President Donald Trump announced that he was going to pull out of the Paris Climate Accord, hardly anyone was surprised. Even so, many still despaired regarding the future of renewable energy. Fortunately, it seems...

Driverless Cars Gets Neil deGrasse Tyson Seal Of Approval

As one of the most popular and beloved scientific figures in the world, if Professor Neil deGrasse Tyson says that a particular scientific trend is great, most people tend to pay attention. Thats why his words of...

Technology

Switch Helps Nintendo Surpass Sony’s Market Cap, Hits $48.9 Billion

Nintendos latest console called the Switch has been making a lot of fuss recently. Not only is it currently the most desirable console in the market, spurred by supply shortages, it also helped Nintendo achieve substantial...

American Medical Records Accessible Via Google, Here’s How To Remove Them

Medical records are supposed to be private documents that are only for the eyes of medical professionals in charge of the respective patients. However, it turns out that these records can actually be viewed by anyone if...

This AR Super Mario Simulation Is Traffic Accident Waiting To Happen

Remember when politicians used to hawk all the time that video games are dangerous? Someone actually created an augmented reality simulation of Super Mario that proves these politicians right, in a way. Not only does it...

Here Are The Sega Forever Games That Are Available For Download

When Sega announced that it would be making some of its most iconic video games available for free on mobile, the world waited in anticipation. Now that the service is available, some might be wondering what games are...

New Mobile Malware Can Drain Bank Accounts

Internet users are constantly being warned to be careful when downloading software. However, this is a bit difficult when malware is pretending to be official updates. This is exactly what a new variant of a malicious...

Digital Currency

FxWirePro: ETH/USD hovers around 50% fib, bias lower, stay short

John McAfee-led MGT Capital expands crypto mining strategy to add Ethereum

BTC/GBP fails to breach trend line resistance, bias lower, good to sell on rallies

Law

No More Smartphones For Teens If Colorado Nonprofit Gets Its Way

EU To Fine Google Billions Over Skewed Shopping Ads

The new data retention law seriously invades our privacy – and it's time we took action

Life

Finsbury Park Mosque: from 'terrorist hostel' to symbol of modernity, openness and tolerance

When cows attack: how dangerous are cattle and how can you stay safe around them?

What Sharia law means: Five questions answered

Nature

China Wants To Catch Carbon Using Giant Facilities, Shows Up The US

India's wells are running dry, fast

Volcanoes under the ice: melting Antarctic ice could fight climate change

Sports

Is it OK to run in heat of 30℃ or more?

Are esports the next major league sport?

The problem of treating play like work – how esports can harm well-being

Technical Analysis

FxWirePro: USD/CAD neutral in the near-term, scope for downward resumption

FxWirePro: GBP/AUD holds above 5-DMA, intraday bias higher

FxWirePro: EUR/JPY finds strong support at 20-DMA, eyes channel top at 126.20

ET PRO
Market Data

Market-moving news and views, 24 hours a day >

SEOUL SHARES OPEN DOWN 0.08 PCT AT 2386.76

SOUTH KOREAN WON OPENS ONSHORE TRADE AT 1,134.0 PER DOLLAR VS 1,137.1 AT PREVIOUS CLOSE

TOKYO'S NIKKEI SHARE AVERAGE OPENS UP 0.38 PCT AT 20,229.12

UK CONSUMER CONFIDENCE FELL AFTER ELECTION TO LEVELS JUST ABOVE THOSE IMMEDIATELY AFTER BREXIT VOTE - YOUGOV/CEBR

BRAZIL’S CENTRAL BANK SAYS AUCTION TO ROLL OVER EXISTING CONTRACTS

BRAZIL CENTRAL BANK TO AUCTION ON TUESDAY AS MANY AS 8.2 K TRADITIONAL CURRENCY SWAPS

DR CONGO CENTRAL BANK RAISES KEY INTEREST RATE TO 20 PCT FROM 14 PCT AS IT SEEKS TO STABILISE FRANC -STATEMENT

SOUTH KOREA JUN CONSUMER SENTIMENT IND* INCREASE TO 111.1 VS PREV 108.0

NASDAQ SAYS SHORT INTEREST UP 1.7 PCT IN MID-JUNE FROM LATE MAY

BRAZIL'S BOVESPA CLOSED AT 62,248.72, UP +1.90%

CANADA'S S&P/TSX COMPOSITE CLOSED AT 15,324.28, UP +0.03%

NASDAQ UNOFFICIALLY CLOSES DOWN 18.40 POINTS, OR 0.29 PERCENT, AT 6,246.86

S&P 500 UNOFFICIALLY CLOSES UP 0.66 POINTS, OR 0.03 PERCENT, AT 2,438.96

DOW JONES UNOFFICIALLY CLOSES UP 15.25 POINTS, OR 0.07 PERCENT, AT 21,410.01

AZERBAIJAN LOWERED GOLD HOLDINGS BY 2.0 TONNES TO 18.0 TONNES IN 20IMF DATA

TURKEY RAISED GOLD HOLDINGS BY 5.23 TONNES TO 441.28 TONNES IN 20IMF DATA

BELARUS RAISED GOLD HOLDINGS BY 2.5 TONNES TO 43.2 TONNES IN 20IMF DATA

RUSSIA RAISED GOLD HOLDINGS BY 19.47 TONNES TO 1,706.81 TONNES IN 20IMF DATA

MONGOLIA RAISED GOLD HOLDINGS BY 30.71 TONNES TO 32.84 TONNES IN 20IMF DATA

KAZAKHSTAN RAISED GOLD HOLDINGS BY 4.52 TONNES TO 275.43 TONNES IN 20IMF DATA

UK gilts remain downbeat ahead of BoE’s Financial Stability Report, Governor Carney’s speech

Eurozone periphery bonds rally ahead of ECB President Draghi’s speech; investors defy stronger German Ifo business index

FxWirePro: NZD/USD trades rangebound, struggles at channel top at 0.7285, break above needed for further upside

FxWirePro: USD/THB stabilizes below 34.00 mark, stay bearish only below 33.82 mark

FxWirePro: AUD/USD hovers around 1H 200-SMA at 0.7580, good to go long on break above

FxWirePro: EUR/KRW trades in narrow range, bias remains neutral

FxWirePro: GBP/AUD holds above 5-DMA, intraday bias higher

FxWirePro: USD/JPY capped below 5-DMA at 111.34, extends range trade between 100 & 200 day MAs

FxWirePro: NZD/JPY consolidates above 61.8% Fib, bias higher, good to go long on dips

Economics Monitor

June 26 21:00 UTC Released

KRConsumer Sentiment Ind*

Actual

111.1 %

Forecast

108.0 %

June 26 13:00 UTC Released

MXIGAE Econ Activity YY

Actual

-0.7 %

Forecast

-0.85 %

4.40 %

June 27 08:00 UTC 472472m

ITMfg Business Confidence

Actual

Forecast

106.7 %

106.9 %

June 27 08:00 UTC 472472m

ITConsumer Confidence

Actual

Forecast

106.2 %

105.4 %

June 27 10:00 UTC 592592m

GBCBI Distributive Trades

Actual

Forecast

2 %

June 27 12:55 UTC 767767m

USRedbook MM

Actual

Forecast

0.7 %

June 27 12:55 UTC 767767m

USRedbook YY

Actual

Forecast

2.8 %

June 27 12:55 UTC 767767m

USRedbook MM

Actual

Forecast

0.7 %

June 27 12:55 UTC 767767m

USRedbook YY

Actual

Forecast

2.8 %

June 27 13:00 UTC 772772m

USTrade Balance SA*

Actual

Forecast

0.9 bln $

1.0 bln $

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Malcolm Walter

Welcome to EconoTimes