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America’s Roundup: US dollar hits six-week high, Wall Street ends mixed, Gold gains, Oil prices edge up on contradictory signs on oil supply prospects

Jan 23, 2024 23:37 pm UTC| Market Roundups

Market Roundup BOJ signals possible exit from negative rates in April U.S. rate futures price in 44% chance of rate cut in March Focus on ECB meeting, bank likely to keep rates steady Canada Dec New Housing...

Europe Roundup: Euro dips ahead of ECB policy decision ,European shares slip, Gold holds ground, Oil down as traders mull mixed supply cues-January 23rd,2024

Jan 23, 2024 13:22 pm UTC| Market Roundups

Market Roundup UK Dec Public Sector Net Cash Requirement 12.863B,12.453B previous UK Dec Public Sector Net Borrowing 6.85B,11.40B forecast,13.41B previous Looking Ahead Economic Data(GMT) 13:30 Canada Dec New...

America’s Roundup: US dollar flat as traders await policy meetings in Japan and Street closes higher, Gold slides, Oil prices jump 2% due to supply bottlenecks in Russia and the United States

Jan 22, 2024 23:57 pm UTC| Market Roundups

Market Roundup French 12-Month BTF Auction 3.406% , 3.319% previous French 3-Month BTF Auction 3.837%,3.829% previous French 6-Month BTF Auction 3.755%,3.697% previous US Dec Leading Index (MoM) -0.1%, -0.3%...

Europe Roundup: Sterling trades narrow range versus dollar before PMIs , European shares rally ,Gold dips, Oil price rises as geopolitics overshadow demand worries-January 22nd,2024

Jan 22, 2024 13:38 pm UTC| Market Roundups

Market Roundup Swiss Dec M3 Money Supply 1,136.2B , 1,132.5B previous Belgium Jan Consumer Confidence -2 , 0 previous Looking Ahead Economic Data(GMT) 13:55 French 12-Month BTF Auction 3.319% previous 13:55...

America’s Roundup: Dollar edges lower, Wall Street ends higher, Gold down 1% for the week, Oil falls marginally on China demand fears, but posts a weekly gain

Jan 20, 2024 03:20 am UTC| Market Roundups

Market Roundup Canada Nov Core Retail Sales (MoM) -0.5%,-0.1% forecast,0.6% previous Canada Retail Sales (MoM) -0.2%,0.0% forecast,0.7% previous US Dec Existing Home Sales (MoM) -1.0%,0.8% previous US Dec...

Europe Roundup: Sterling slips grim UK retail sales raised the risk of recession, European shares extend gains,Gold gains, Oil prices poised for a weekly gain as Middle East tensions support-January 19th,2024

Jan 19, 2024 13:20 pm UTC| Market Roundups

Market Roundup German Dec PPI (MoM) -1.2%, -0.5% forecast,-0.5% previous German Dec German PPI (YoY) -8.6%, -8.0% forecast,-7.9% previous UK Dec Retail Sales (MoM) -3.2%, -0.5% forecast,1.3% previous UK Dec...

America’s Roundup: Dollar strengthens for the fifth consecutive session, supported by robust labor data, Wall Street ends higher, Gold gains, Oil prices settle higher

Jan 19, 2024 00:20 am UTC| Market Roundups

Market Roundup US Nov Current Account 24.6B,30.9B forecast,33.8B18 previous US Jan Philly Fed Employment -1.8,-1.7 previous US Jobless Claims 4-Week Avg. 203.25K,207.75K previous US Continuing Jobless Claims...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Science

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...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

World's Largest Electric Container Ship Sets Sail with 50,000 kWh Battery Power

COSCO Shipping, a Chinese state-owned firm, has unveiled what it calls the worlds largest river-to-sea electric container vessel. The Green Water 01 is a 10,000-ton+ electric vessel that sets a new standard for...

Tesla Drivers Get $4k Off 2024 Chevy Blazer EV; Costco Auto Slashes Prices on New EVs

Tesla owners rejoice as Chevrolet rolls out an unprecedented $4,000 discount on the 2024 Blazer EV, open to Tesla drivers and a quirky list of EV owners. The electric vehicle market got more enticing with incentives...

Tesla Granted South Korean Emission Credit Trading Rights by Environmental Ministry

Ministry of Environments green light for Tesla to trade emission credits in South Korea marks a significant milestone, enabling the electric car giant to tap into a potentially lucrative market. With estimated credits...

US Lawmakers Push SEC for Bitcoin Options Trading Approval

In a bipartisan effort, US Representatives Mike Flood and Wiley Nickel have penned a letter to SEC Chair Gary Gensler, urging swift action in approving options trading for Bitcoin exchange-traded products (ETPs). Amid...
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