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Europe Roundup: Sterling slumps on UK virus travel curbs, Brexit impasse, European shares tumble, Gold jumps, Oil falls $3 as new virus strain prompts demand worries-December 21st,2020

Dec 21, 2020 13:30 pm UTC| Market Roundups

Market Roundup Italian Nov Trade Balance Non-EU 6.68B, 7.09B previous Greek Oct Current Account (YoY) -0.767B, -0.499B previous UK Dec CBI Distributive Trades Survey -3, -35 frecast, -25 previous Looking Ahead...

America’s Roundup: Dollar gains after week of losses on U.S. stimulus, Brexit fears, Wall Street falls, Gold dips, Oil settles up, marking seventh straight weekly gain-December 19th,2020

Dec 18, 2020 22:44 pm UTC| Market Roundups

Market Roundup Russia Dec Interest Rate Decision 4.25%,4.25% forecast, 4.25% previous UK Dec CBI Industrial Trends Orders -25, -34 forecast, -40 previous US Current Account (Q3) -178.5B, -189.0B forecast,...

Europe Roundup: Sterling drops as EU's Barnier says just hours left for Brexit deal , European shares gain, Gold edges lower, Oil dips, heads for weekly gain as vaccine rollouts support-December 18th,2020

Dec 18, 2020 13:57 pm UTC| Market Roundups

Market Roundup US Nov Core Retail Sales (YoY) 5.6%,4.1% forecast, 7.8% previous US Nov Retail Sales (MoM )-3.8%,-4.2% forecast, 1.2% previous US Nov Core Retail Sales (MoM) -2.6%,-3.3% forecast, 1.3%...

America’s Roundup: Dollar sinks as stimulus beckons, Wall Street ends at record high, Gold climbs, Oil prices rise, hit 9-month high on U.S. stimulus progress-December 18th,2020

Dec 17, 2020 23:34 pm UTC| Market Roundups

Market Roundup Weekly jobless claims at 885,000 vs 862,000 in prior week US Dec Philly Fed New Orders 2.3, 37.9 previous US Dec Philly Fed Prices Paid 27.10,, 38.90 previous Canada ADP Nonfarm Employment...

Europe Roundup: Sterling rises above $1.36 on renewed Brexit trade deal hopes , European shares gain,Gold jumps 1% , Oil prices hit nine-month high after inventory draw-December 17th,2020

Dec 17, 2020 13:50 pm UTC| Market Roundups

Market Roundup French Nov Car Registration (YoY) -27.0%, -9.5% previous French Nov Car Registration (MoM) -26.3%,1.6% previous German Nov Car Registration (MoM) -3.0%,-3.6% previous Italian Nov Car Registration...

America’s Roundup: U.S. dollar zigzags on Fed bond buying policy, Wall Street ends mixed , Gold climbs ,Oil prices edge higher after U.S. crude stockpile draw-December 17th,2020

Dec 16, 2020 23:39 pm UTC| Market Roundups

Market Roundup Fed vows to keep benchmark interest rate near zero US Nov Core Retail Sales (MoM) -0.9% , 0.1% forecast, 0.2% previous US Nov Retail Sales (YoY) 4.10%, 5.68% previous US Nov Retail Sales (MoM)...

Europe Roundup: Euro surges on Brexit hopes ,European shares rise, Gold gains, Oil prices rise on vaccine optimism and weaker dollar-December 16th,2020

Dec 16, 2020 13:06 pm UTC| Market Roundups

Market Roundup U.S Fed policy statement due at 1900 GMT UK Nov Core CPI MoM (MoM) -0.1%,0.2% forecast, 0.2% previous UK Nov Core CPI (YoY) 1.1%,1.4% forecast, 1.5% previous UK Nov Core PPI Output (MoM)...

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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

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

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

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...

Shiba Inu's Remarkable 12% Surge Fueled by Record SHIB Burns, Community Momentum

Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...

Vodafone Ventures into Crypto Integration: SIM Cards to Host Blockchain Wallets

Vodafone, the UK-based telecom giant, is pioneering a groundbreaking initiative to fuse blockchain technology with smartphone functionality by integrating cryptocurrency wallets directly into SIM cards. This innovative...

Leak: Huawei's Kirin PC Chip, Qingyun Notebooks to Launch Next Month

Leaked information hinting at the imminent debut of the highly anticipated Kirin PC chip alongside the release of new Qingyun notebooks. The introduction of this computer-dedicated CPU marks a significant milestone for...

Tesla Enhances Model Y Lineup with Longer-Range Variant, Price Adjustment

Tesla has revamped its Model Y offerings, bidding farewell to the standard range rear-wheel-drive (RWD) model while introducing a longer-range variant for an additional $2,000. This strategic maneuver aligns with Teslas...