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America’s Roundup: Dollar dips lower as Fed-fueled bounce fades, Wall Street gains 1%, Gold gains, Oil falls 2% on possible return of Iranian supply-May 21st ,2021

May 20, 2021 21:34 pm UTC| Market Roundups

Market Roundup US Continuing Jobless Claims 3,751K,3,640K, 3,655K previous US Jobless Claims 4-Week Avg 504.75K, 534.00K previous US Initial Jobless Claims 444K, 450K forecast, 473K previous Canada ADP Nonfarm...

Europe Roundup: Euro edges up against easing U.S. dollar, European stocks rsies, Gold steadies, Oil falls with possible return of Iranian supply-May 20th,2021

May 20, 2021 12:54 pm UTC| Market Roundups

Market Roundup German Apr PPI (MoM) 0.8%, 0.8% forecast, 0.9% previous German Apr PPI (YoY) 5.2%,5.1% forecast, 3.7% previous EU March Current Account n.s.a. 31.0B, 13.3B previous EU March Current Account...

America’s Roundup: Dollar firms as Fed minutes open way to future taper talks, Wall street falls,Gold retreats, Oil prices dive $2 on fears of Asian pandemic, possible U.S. rate hikes-May 20th,2020

May 19, 2021 23:44 pm UTC| Market Roundups

Market Roundup Canada Trimmed CPI (YoY) 2.3%,2.2% previous Canada Median CPI (YoY) 2.3%,2.1% previous Canada Apr CPI (MoM) 0.5%,0.4% forecast, 0.5% previous Canada Apr Core CPI (YoY) 2.3%, 1.4%...

Europe Roundup: Euro dips against dollar ahead of Fed minutes, European shares dips, Gold falls, Oil prices fall 2% on COVID-19 rise in Asia, inflation fears-May 19th,2021

May 19, 2021 13:17 pm UTC| Market Roundups

Market Roundup Italian Apr Car Registration (YoY) 3,276.8%, 497.2% previous UK Apr CPI (YoY) 1.5%, 1.4% forecast, 0.7% previous UK Apr Core RPI (MoM) 1.5%,0.3% previous UK Apr CPI (MoM) 0.6%,0.6% forecast, 0.3%...

America’s Roundup: Dollar slides as Fed rate hike fears fade, Wall Street dips ,Gold edges closer to 4-month high, Oil slides from 2-mth high on report of potential Iran nuclear deal-May 19th,2021

May 18, 2021 19:13 pm UTC| Market Roundups

Market Roundup US Apr Building Permits (MoM) 0.3%,2.3% previous US Apr Housing Starts (MoM) -9.5%, 19.4% previous US Apr Housing Starts 1.569M , 1.710M forecast, 1.739M previous US Apr Building Permits 1.760M,...

Europe Roundup: Sterling rises above $1.42, boosted by dollar weakness, European stocks gains, Gold gains for a fourth straight session, Oil hits $70, two-month high, as Europe, U.S. reopen economies-May 18th,2021

May 18, 2021 12:27 pm UTC| Market Roundups

Market Roundup Finnish Mar GDP (YoY) 1.1%, -1.4% previous Finnish GDP (QoQ) (Q1) 0.4%, 0.4% forecast, 0.4% previous UK Mar Average Earnings ex Bonus 4.6%,4.6% forecast, 4.4% previous UK Mar Average Earnings...

America’s Roundup: unnerve,Wall Street ends lower, Gold hits 3-month high, Oil climbs 1% on economic recovery hopes despite fresh Asian restrictions-May 18th,2021

May 17, 2021 20:33 pm UTC| Market Roundups

Market Roundup Canada Mar Foreign Securities Purchases by Canadians21.22B, 10.54B previous Canada Mar Foreign Securities Purchases 3.25B,8.52B previous US May NY Empire State Manufacturing Index 24.30, 23.90...

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Economy

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...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

Politics

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...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

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...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

MicroStrategy's Bold Strategy Pays Off: Stock Skyrockets Amid Bitcoin Fluctuations

Despite the cryptocurrencys volatility, MicroStrategys stock soared by an impressive 461.7% over the past year, buoyed by strategic investments in Bitcoin and innovative debt management. MicroStrategy Triumphs: Stock...

Elon Musk in Beijing to Propel Tesla's Self-Driving Tech in China

Tesla CEO Elon Musk unexpectedly visited Beijing on Sunday to discuss launching Teslas Full Self-Driving technology in China and navigate data transfer policies amidst heightened US-China trade collaborations. Elon Musk...

Bitcoin Miners See Sharp Drop in Fee Revenue Following Halving Event

Following the recent Bitcoin halving, transaction fees, which once soared, now represent just 35% of miner revenue, significantly impacting their earnings amidst stable network conditions. Bitcoin Halving Sees Miner...

Adidas and Stepn Unveil NFT Sneakers in Trailblazing Web3 Partnership

Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giants further dive into the Web3 space. Adidas Steps Into Web3 with Stepn Collaboration,...
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