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Americas Roundup: Dollar edges higher on strong U.S. data, tax bill progress, Wall Street ends lower, Gold extends losses, Oil drops for third day, awaiting OPEC decision-November 30th 2017

Nov 29, 2017 21:14 pm UTC| Market Roundups

Market Roundup US Q3 GDP 2nd Estimate, 3.3%, 3.2% forecast, 3.0% previous. US Q3 GDP Sales Prelim, 2.5%, 2.4% forecast, 2.3% previous. US Q3 GDP Cons Spending Prelim, 2.3%, 2.4% previous. US Q3 GDP Deflator...

Europe Roundup: Sterling hits 2-month high on Brexit breakthrough hopes, dollar eases on U.S. government shutdown worries, European shares gain - Wednesday, November 29th, 2017

Nov 29, 2017 11:53 am UTC| Market Roundups

Market Roundup EUR/USD -0.03%, USD/JPY 0.09%, GBP/USD 0.49%, EUR/GBP -0.52% DXY 0.01%, DAX 0.97%, FTSE -0.56%, Brent -0.86%, Gold 0.06% EZ Business Climate Nov, 1.49, 1.53 forecast, 1.44 previous EZ...

Asia Roundup: Aussie hits 1-week lows, dollar steadies against yen despite N. Korea missile launch concerns, Asian shares edge up - Wednesday, November 29th, 2017

Nov 29, 2017 06:26 am UTC| Market Roundups

Market Roundup Bitcoin tops $10,000, taking 2017 gains to 940 pct Japan Oct Retail Sales y/y, -0.2%, 2.2% last, -0.2% f cast, 2.3% rvsd New Zealand central bank to undertake modest easing of home loan...

Americas Roundup: Dollar up on U.S. policy hopes, sterling swings, Wall Street hits fresh records despite N. Korea missile nerves, Oil prices slip on OPEC deal extension jitters-November 29th 2017

Nov 28, 2017 21:33 pm UTC| Market Roundups

Market Roundup US Nov Consumer Confidence, 129.5, 124.0 Reuters forecast, 125.9 previous, 126.2 revised. US Oct Build Permits R Chg MM, 7.4%, 5.9% previous. US Oct Adv Goods Trade Balance, -68.30 bln, -64.10...

Europe Roundup: Sterling falls below 1.3300 on renewed Brexit concerns, dollar steadies above 2-month low ahead of Fed chair nominee Powell's confirmation hearing, European shares gain - Tuesday, November 28th, 2017

Nov 28, 2017 11:59 am UTC| Market Roundups

Market Roundup EUR/USD -0.08%, USD/JPY 0.2%, GBP/USD -0.08%, EUR/GBP 0.01% DXY 0.13%, DAX 0.33%, FTSE 0.55%, Brent -0.86%, Gold -0.06% Germany Import Prices MM Oct, 0.6%, 0.6% forecast, 0.9%...

Asia Roundup: Kiwi hits 2-week high ahead of RBNZ's financial stability report, dollar steadies near 2-month lows as investors cautiously await Senate hearing on Powell's chairmanship, BoE Governor Carney’s speech in focus - Tuesday, November 28th, 2017

Nov 28, 2017 06:30 am UTC| Market Roundups

Market Roundup Fed chair nominee Powell pledges decisive response to any economic crisis Feds Dudley says not concerned U.S. inflation is a little low Feds Dudley Opposes U.S. Tax Stimulus At Current...

Americas Roundup: Dollar index recovers from 9-week low, Gold rises, hits 6-week high, Wall Street ends little changed, Oil prices fall on higher U.S. supply, doubts about Russia's resolve-November 28th 2017

Nov 27, 2017 21:07 pm UTC| Market Roundups

Market Roundup Trump, Senate Republicans prepare for showdown over tax cuts. Feds Kaplan says rate hike appropriate in near future. US Oct New Home sales (Units), 0.685 mln, 0.625 mln forecast, 0.667 mln...

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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...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

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...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

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...

Technology

Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA

The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....

US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments

Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...

Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts

Crypto lender Genesis Global received court approval to return nearly $3 billion to customers, while a report highlights a significant increase in creditor haircuts in bankruptcy cases to 73% in FY24. Judge Approves...

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...

OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

OpenAI has dismantled its Superalignment team, initially formed to address AI risks, following the resignations of key leaders Ilya Sutskever and Jan Leike. OpenAI Disbands Superalignment Team Days After Leaders Resign,...