A ‘sponge city’ may be your home in 2050 
AI may be to blame for our failure to make contact with alien civilisations 
What early 2024 polls are revealing about voters of color and the GOP 
Yes, Australia’s big supermarkets have been price gouging 
How is China being taught at Australian universities? 
South Africa will be president of the G20 in 2025: two much-needed reforms it should drive 
Divesting university endowments: Easier demanded than done 
Doing a job you find meaningful is great – until it consumes your life 
Can science explain why couples break up? The mathematical anatomy of a fall 
Why you should expect to pay more tourist taxes – even though the evidence for them is unclear 
Reducing energy demand and improving efficiency will help prevent the next gas crisis 
Economic releases from North America encouraged the pessimists of global growth today as dockets pointed to further slowdown in activity.
- Canada's gross domestic product (GDP) contracted by -0.5%, putting the country in technical recession, which adds pressure on Bank of Canada (BOC) to act further to improve outlook. Not a bullish news for Loonie. RBC manufacturing PMI dropped below 50 mark to 49.4, pointing contraction.
- Rate hike from US Federal Reserve is further in doubt as economic dockets revealed weakness. ISM manufacturing PMI came at 51.1, much weaker than economists' expectation of 52.6 and 52.7 prior. ISM prices paid, dropped further to 39 from 44 prior thanks to continued commodity rout. TIPP economic optimism dropped to 42 in September from 46.9 in August, lowest level since November 2013.
Global markets' focus will be on Friday's NFP report, a miss of which could seriously dent rate hike probabilities in September.
Dollar index is currently trading at 95.54, down -0.4% for the day.
