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Europe Roundup: Sterling gains as PM May says open to extend Brexit transition, euro rallies as Italy's PM denies coalition rift, European shares surge - Thursday, October 18th, 2018

Oct 18, 2018 11:29 am UTC| Market Roundups

Market Roundup EUR/USD 0.19%, USD/JPY -0.11%, GBP/USD 0.08%, EUR/GBP 0.09% DXY -0.07%, DAX 0.53%, FTSE 0.22%, Brent -0.96%, Gold 0.05% Dollar perched at one-week highs on upbeat Fed Great Britain Sep...

Cryptocurrency Brief: Bitcoin prices caught in tight trading range, gains following Tether sell-off start to fade – Thursday, October 18th, 2018

Oct 18, 2018 11:17 am UTC| Commentary Economy Market Roundups Digital Currency

BTC/USD: Bitcoin prices traded tad lower across the board during late European session Thursday, caught in a tight-knit range for the past three days after showing a massive jump on Monday. Gains made during sell-off in...

Asia Roundup: Aussie rebounds as unemployment rate declines, greenback rallies on hawkish Fed minutes, sterling bulls' eye EU summit - Thursday, October 18th, 2018

Oct 18, 2018 06:26 am UTC| Market Roundups

Market Roundup Trump reluctant to abandon Riyadh over missing journalist, wants evidence Despite Trump criticism, Fed sees need for more rate hikes U.S. government refrains from calling China a currency...

America's Roundup: Dollar gains as Fed minutes show further rate hikes likely, Wall Street falls, Gold edges lower, U.S. crude slumps below $70/bbl after large stock build-October 18, 2018

Oct 17, 2018 21:54 pm UTC| Market Roundups

Market Roundup Every Fed policymaker was on board for Sept rate hike minutes. Policymakers cited economic, policy divergence with other countries as a downside risk as it could further strengthen the U.S....

Europe Roundup: Sterling slumps on weaker-than-expected UK CPI, dollar gains against yen as geopolitical tensions ease, investors eye FOMC meeting minutes - Wednesday, October 17th, 2018

Oct 17, 2018 11:34 am UTC| Market Roundups

Market Roundup EUR/USD -0.08%, USD/JPY -0.08%, GBP/USD -0.31%, EUR/GBP 0.21% DXY 0.09%, DAX -0.47%, FTSE 0.16%, Brent -0.23%, Gold 0.24% Dollar gains for a second day as markets eye Fed minutes EZ Sep...

Asia Roundup: Yen plunges as investors' risk appetite improves, euro struggles to hold ground amid Italian budget concerns, Asian shares rally - Wednesday, October 17th, 2018

Oct 17, 2018 06:34 am UTC| Market Roundups

Market Roundup Trump gives Saudi Arabia benefit of doubt in journalists disappearance Trump administration says to open trade talks with EU, UK, Japan Trump widens Fed critique, calls it my biggest...

America's Roundup: Dollar steady as stock gains show improving risk sentiment, Wall Street rallies, Gold Flat, Oil up, Iran, Saudi supply worries offset U.S. supply growth-October 17th 2018

Oct 16, 2018 20:47 pm UTC| Market Roundups

Market Roundup US Sep Industrial Production m/m, 0.3%, 0.2% forecast, 0.4% previous. US Sep Industrial Production y/y, 5.14%, 4.86% previous. US Aug JOLTS Job Openings, 7.136M, 6.945M forecast, 6.939M previous,...

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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

Traders Forecast Best Altseason Since 2017 as Bitcoin Momentum Cools

As Bitcoin stabilizes above $64,000, traders forecast a burgeoning altcoin market that may mirror the explosive growth last seen in 2017. Bitcoin Rebounds Over Weekend, Traders Anticipate Potential Altcoin...

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,...