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Asia Roundup: Antipodeans off recent lows, dollar hits 4-month trough against yen as Trump suffers political setback, Asian shares tumble amid risk-off sentiment - Monday, March 27th, 2017

Mar 27, 2017 06:34 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data Specs boost net long USD bets for third straight week, highest since late January, MXN shorts lowest since November 3, JPY and EUR shorts down too, 66.9k and 19.6k, AUD longs up, NZD...

Americas Roundup: Dollar steadies after U.S. healthcare bill pulled, Oil rises in late trade, still down on the week as glut weighs-March 25th, 2017

Mar 24, 2017 22:01 pm UTC| Market Roundups

Market Roundup US Feb durable goods 1.7% V 1.2% forecast, 2.3% previous, core -0.1% v 0.6% forecast, 0.1% previous. US Markit Svcs PMI flash Mar 52.9 v 54.2 forecast, 53.8 previous, Mfg PMI flash 53.4 v 54.8...

Europe Roundup: Sterling off 1-month high following BoE Vlieghe remarks, euro rises above 1.0800 on better-than-expected composite PMI, markets eye  U.S. healthcare vote - Friday, March 24th, 2017

Mar 24, 2017 11:47 am UTC| Market Roundups

Market Roundup EUR/USD +0.2%, USD/JPY +0.1%, GBP/USD -0.3%, DXY -0.1% DAX -0.1%, CAC, -0.4%, FTSE -0.1%, Brent +0.8%, Gold -0.1% Oil better bid ahead of w/e OPEC meet Germany Mar Markit Comp flash PMI...

Asia Roundup: Kiwi slumps on downbeat trade balance figures, dollar steadies amid rising U.S. Treasury yields, Asian shares advance - Friday, March 24th, 2017

Mar 24, 2017 06:18 am UTC| Market Roundups

Market Roundup Trump issues ultimatum to House Republicans: Pass new health bill or he will leave Obamacare in place New York Times. CBO analysis of House Republican revised health-care bill shows just as many...

Americas Roundup: Dollar trades in tight range as US lawmakers delay vote on Trump healthcare bill, Oil slips, inventories curb recovery from four-month lows-March 24th,2017

Mar 23, 2017 21:06 pm UTC| Market Roundups

Market Roundup US new home sales hit 7-month high, 0.592m v 0.565m 0.558m previous. US jobless claims rise 258k v 240k forecast, 243k; continued claims dip 2.0m v 2.035m, 2.039m previous. US KC Fed...

Europe Roundup: Sterling hits 1-month high on better-than-expected retail sales, dollar steadies ahead of U.S. healthcare vote, investors eye Fed Yellen's speech - Thursday, March 23rd, 2017

Mar 23, 2017 11:35 am UTC| Market Roundups

Market Roundup EUR/USD -0.2%, USD/JPY -0.1%, GBP/USD +0.2%, DXY +0.1% DAX +0.1%, CAC, -0.2%, FTSE -0.1%, Brent +0.8%, Gold -0.3%, Copper +0.3% GBP/USD 4 wk 1.2528 high. EUR/GBP to 3 wk 0.8605 low UK...

Asia Roundup: Kiwi steadies as RBNZ stands pat, dollar off 4-month low versus yen as U.S. Treasury yields resume rise, Asian shares recover - Thursday, March 23rd, 2017

Mar 23, 2017 06:08 am UTC| Market Roundups

Market Roundup RBNZ leaves OCR unchanged at 1.75%, as forecast, policy to remain accommodative for considerable period, uncertainties still over international outlook, inflation to return to mid-point of target band,...

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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

Samsung Teams With eSports Icon 'Faker' to Boost Odyssey Sales in China

Samsung Electronics has intensified its efforts in China by aligning with Lee Faker Sang-hyeok and the powerhouse T1 eSports team to promote their Odyssey gaming monitors. The collaboration was highlighted during an...

Ethereum Whales Sell Off 56K Coins, Fueling Fears of Further Price Drops

Whales have shaken the Ethereum market by dumping 56,000 coins, leading to widespread speculation about further price corrections amid the crypto markets broader instability. Impact of Whale Transactions on...

Shiba Inu Faces New Correction, Dips Below Key Support Levels

Shiba Inu (SHIB), the popular meme cryptocurrency, has initiated another correction phase. It dropped below the crucial 26-day EMA and edged towards significant support levels. This downturn reflects a broader hesitance in...

MetaComp and Harvest Global Launch Innovative Bitcoin Spot ETFs in Singapore

In a significant move to expand global investment options, Singapore-based fintech MetaComp has teamed up with Harvest Global Investments to launch innovative bitcoin spot ETFs. This collaboration integrates advanced...
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