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Thu, May 16, 2024 01:20 AM All times are UTC

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Europe Roundup: Euro dips on fears of pandemic wave, European stocks rebound, Gold steadies, Oil slips towards $40 on record U.S. inventories, COVID fears-June 25th,2020

Jun 25, 2020 12:57 pm UTC| Market Roundups

Market Roundup German GfK Consumer Climate -9.6, -12.0 forecast, -18.9 previous Spanish PPI (YoY) -8.7%,-8.4% previous Italian May Trade Balance Non-EU 4.15B, -0.15B previous France Jobseekers Total...

Asia Roundup: Euro eases on fresh trade tensions, greenback steadies as coronavirus surge drives cash hunt, Asian shares plunge amid holiday-thinned trading - Thursday, June 25th, 2020

Jun 25, 2020 06:08 am UTC| Market Roundups

Market Roundup Oil prices fall further on U.S. crude stock build Gold eases off multi-year peak Economic Data Ahead (0400 ET/0800 GMT) Italy Trade Balance non-EU(May) (0600 ET/1000 GMT) UK...

America’s Roundup: Dollar gains on coronavirus, tariff concerns, Wall Street ends lower, Gold retreats from an over 7-1/2 year high, Oil dives over 5% as U.S. crude stocks hit record, COVID cases mount-June 25th 2020

Jun 24, 2020 23:13 pm UTC| Market Roundups

Market Roundup IMF predicts deeper global recession due to coronavirus pandemic U.S. crude stocks rise, gasoline inventories fall EIA U.S. has 2nd-largest rise in new virus cases since crisis began Belgium...

Europe Roundup: Euro dips as coronavirus surge unnerves investors European stocks dips, Gold soars towards 8-year high, Oil falls on rising stocks, worries of new virus wave-June 24th,2020

Jun 24, 2020 12:24 pm UTC| Market Roundups

Market Roundup Finnish May PPI (YoY) -7.1%,-7.0% previous Finnish May Import Price Index (YoY) -9.4%, -10.8% previous Finnish May Unemployment Rate 6.8%,6.8% previous Finnish May Export Price Index (YoY)...

Asia Roundup: Euro rallies as upbeat data stoke economic recovery hopes, Asian shares near 4-month peak, investors eye German IFO surveys - Wednesday, June 24th, 2020

Jun 24, 2020 06:58 am UTC| Market Roundups

Market Roundup Oil prices slide as U.S. crude stockpile grow Gold rallies to more than 7-1/2 year high Economic Data Ahead (0400 ET/0800 GMT) Germany IFO - Business Climate(Jun) (0400 ET/0800...

America’s Roundup: Dollar stumbles as jump in coronavirus cases dented the economic outlook, Wall Street ends higher, Gold hits highest since October 2012, Oil flat, near highest since March, after Trump assurance on China trade-June 24th,2020

Jun 23, 2020 20:49 pm UTC| Market Roundups

Market Roundup European PMI data romps expectations White House assures U.S.-China trade deal still intact Investors buoyed by China deal remaining live US Redbook (MoM) -6.1%,-2.4% previous US Redbook...

Europe Roundup: Euro rises on upbeat PMI data ,European shares rise, Gold holds near 1-month peak, Oil rises after Trump assurance on China trade deal-June 23rd 2020

Jun 23, 2020 12:35 pm UTC| Market Roundups

Market Roundup German, French PMIs suggest recovering business French June Manufacturing PMI 52.1, 46.0 forecast, 40.6 previous French June Services PMI 50.3, 44.2 forecast, 31.1 previous French June Markit...

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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...

If the RBA’s right, interest rates may not fall for another year. Here’s why.

The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

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...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

Science

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...

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...

Technology

Dovish CPI Inflation Boosts AI Coins--Is WienerAI The Top Crypto Pick?

The April Consumer Price Index bodes well for risky assets, with US stocks and cryptocurrencies rallying in the aftermath. The YoY headline CPI data came in at 3.4%, exactly in line with market forecasts. The MoM...

Bitcoin Soars on Cooling US CPI Inflation Data, Investor Sentiment Improves

The Bitcoin price remains constant, as investors appear to have dismissed inflation concerns, particularly following the recent U.S. The Consumer Price Index (CPI) has been released. Notably, market investors were keenly...

Shiba Inu Rep Lucie Makes Major Bullish Statement on Shibarium Coins

Lucie, the Shiba Inu teams official marketing head, has taken to her X social media account (previously known as Twitter) to declare the SHIB, BONE, and LEASH pricing behavior she expects to see during a hypothetical...

Tesla Cybertruck to Receive Full Self-Driving V12.5 Update in June, Elon Musk Announces

Elon Musk provided a new update on the Tesla FSD development, which appears to be moving faster than anticipated. FSD V12.4, which aims to enhance miles per intervention by tenfold over V12.3, is set to begin internal...

Spot Bitcoin ETF: Vanguard Might Join BlackRock in Major Market Shift

With the appointment of new CEO Salim Ramji, Vanguard may soon enter the spot Bitcoin ETF market, potentially joining industry leader BlackRock and marking a significant shift in the investment landscape. Vanguards New...