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FxWirePro: Shift in AUD/USD risk reversals to aid theta shorts and bid 6m skews to execute 2:1 reverse put spread

Oct 17, 2018 07:15 am UTC| Research & Analysis Insights & Views

AUDUSD in near terms:The pair began to build positive momentum, for a move towards 0.7200 if risk averse shocks remain at bay. Medium term perspectives:AU-US yield differentials have continued to grind steadily in the...

FxWirePro: AUD/USD bears to prolong on breach below double top neckline, snap momentary rallies in sloping channel – Uphold short hedge

Oct 17, 2018 06:22 am UTC| Research & Analysis Insights & Views

AlthoughAUDUSDattempted to bounce back from the lows of 0.7040 levels, failure swings are at 0.7150 levels. Consequently, bears have resumed today. While minor trend slides through sloping channel. Sharp shooting star...

Blockchain to Pilot Trade Between Antwerp and Abu Dhabi Ports

Oct 17, 2018 04:52 am UTC| Research & Analysis Insights & Views Digital Currency

The international trade and trade finance business is getting revitalized by the robust blockchain technology, though many projects are still under experimentation stage, quite a few are under pilot phase. We recently...

FxWirePro: USD/TRY diagonal put option spreads for hedging ahead of CBRT

Oct 16, 2018 14:21 pm UTC| Research & Analysis Insights & Views Central Banks

It is quite surprising that the lira not rallying at all on Friday following the release of Pastor Andrew Brunson. In our preview of the court case, we had anticipated USDTRY to fall even as far as 5.50 in the event of a...

FxWirePro: Crude demand/supply outlook and WTI calendar spreads

Oct 16, 2018 12:32 pm UTC| Research & Analysis Insights & Views

A series of bearish news reports led to the price correction since 5thOctober. US oil price weakened on larger than expected US inventories build of 6 mn barrels, and the impact of hurricane Michael on oil supply in the...

FxWirePro: Deploy GBP/CAD/JPY RV trades on Brexit and USMCA developments

Oct 16, 2018 11:43 am UTC| Research & Analysis Insights & Views

Brexit deal still weighs on Sterling: We are upgrading our near-term GBP forecasts by around 2% to bring them closer into line with the central scenario of a negotiated Brexit. Its not that we have changed our assessment...

Barclays denies developing crypto-trading platform, but bitcoin bulls prolong stern rallies

Oct 16, 2018 08:18 am UTC| Research & Analysis Digital Currency

Leading retail and investment banking conglomerate, Barclays has denied the probable creation of a cryptocurrency trading desk within the organization amid persistent bearish trend that has dampened luring effects in this...

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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

OpenAI Founders Sam Altman and Greg Brockman Defend After Safety Researchers Quit

OpenAI founders Sam Altman and Greg Brockman are defending their safety measures after top researchers Ilya Sutskever and Jan Leike resigned, highlighting internal disagreements on AI priorities. Key OpenAI Safety...

Analyst Predicts Ethereum ETF to Trigger Major ETH Market Moves Soon

Cryptocurrency analyst Michael van de Poppe forecasts that the upcoming Ethereum ETF announcement will cause significant market moves, despite a recent decline in trading volume. Ethereums ETF Announcement Expected to...

Venezuela Acts Tough on Crypto Mining Amid Energy Squeeze, Disconnects Bitcoin Farms

Venezuelas Ministry of Electric Power is disconnecting cryptocurrency mining farms from the national grid to manage energy demand and ensure a stable power supply. This measure follows the recent seizure of 2,000 Bitcoin...

AI 'Godfather' Warns of Job Displacement, Advocates for Universal Basic Income

Renowned AI godfather Geoffrey Hinton warns of significant job losses due to AI, urging governments to adopt universal basic income as a countermeasure. Hinton Advocates for Universal Basic Income According to...

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....