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Tue, Jun 18, 2024 07:16 PM All times are UTC

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Further easing expected from BOC

Aug 05, 2015 21:17 pm UTC| Commentary

The BOC cut the overnight rate by another 25bp in July. Although the Bank continues to provide little guidance on the future direction of the policy, further policy easing is expected, with the base case scenario of yet...

Fed signals low bar for September hike

Aug 05, 2015 20:54 pm UTC| Commentary

The dollar extended its rally since the June FOMC meeting as the market priced increased chances of a September hike. The July FOMC statement highlighted the bar for hikes is not high with the Committee only needing to see...

Macro outlook should put US rate hikes on the horizon

Aug 05, 2015 20:42 pm UTC| Commentary

Greek issues have receded from the headlines, and the market focus is expected to return to core worries around the broader global macro outlook. In particular, the USD is expected to move higher as the July 29th FOMC...

US ISM non-manufacturing index rises to 60.3 in July

Aug 05, 2015 20:22 pm UTC| Commentary

The Institute of Supply Management (ISM) non-manufacturing index surged 4.3 points to 60.3 in July (from 56.0 in June), handsomely topping the consensus forecast for a modest uptick to 56.2. Details of the report were...

U.S. Economic data remains hot this summer

Aug 05, 2015 16:26 pm UTC| Commentary

Economic data is hot this summer. In the past weeks a flurry of housing, auto, and labor data has been released, proving that the U.S. economy is moving in the right direction. Existing home sales rose 3.2 percent to an 8...

U.S. Goods & Services trade deficit (June)

Aug 05, 2015 15:45 pm UTC| Commentary

The strong greenback continues to inflict pain on exporters. Exports slipped 0.1% in June and are down 3.6% y/y, falling for the 6th straight month, but it was the smallest decline in a year and a half. Imports grew for...

Canadian merchandise trade (June)

Aug 05, 2015 15:16 pm UTC| Commentary

Canadas merchandise trade deficit narrowed massively to $0.5 bln in June, far better than expected, while Mays shortfall was revised just slightly lower to $3.37 bln. Exports surged 6.3%, with three major sectors seeing...

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Economy

Investors have bid against each other to buy Australia’s first green bond. Here’s why that’s a great sign

You might think government debt is bad, but it actually plays a crucial role in modern finance. Back when he was treasurer, Peter Costello famously declared that April 21 2006 would be known as Australias Debt Free Day....

Meet the ‘new consumer’: How shopper behaviour is changing in a post-inflation world

After a long anticipated wait, the Bank of Canada has finally decided to cut interest rates by 25 basis points. The decision marks a departure from the series of interest rate hikes that were previously implemented to curb...

Yes, carbon capture and storage is controversial – but it’s going to be crucial

Renewable energy sources such as wind and solar are vital tools to help us make cuts to the 36 billion tonnes of greenhouse gases we emit each year. But renewables alone cant get us to net zero. Sectors such as cement,...

The UK’s nature restoration plans have some big holes – here’s how to fill them

Have you heard anything about nature as a political priority in the upcoming UK general election? We havent. And as biodiversity researchers, that troubles us. The UK is already one of the worlds most nature-depleted...

Rotting sargassum is choking the Caribbean’s white sand beaches, fueling an economic and public health crisis

The Caribbeans sandy beaches, clear turquoise water and vibrant coral reefs filled with an amazing variety of sea creatures have long been the pride of the islands. The big three sun, sea and sand have made this...

Politics

Trump's 'Huge Fan' Status of Tesla Cybertruck Fuels Growing Alliance with Elon Musk

Elon Musk, during Teslas shareholder meeting, disclosed his growing alliance with Donald Trump, emphasizing Trumps admiration for the Cybertruck. CEO Elon Musk spoke about his relationship with former President Trump...

Why spending time and money creating TikToks probably won’t pay off for Labour and Conservatives

In a few short years, TikTok has moved from being an app for teens doing dance routines in their bedroom to a key part of political campaigning. Both Labour and the Conservatives are on the app (with 191,000 and 58,000...

2024 European elections: Who are young Europeans voting for?

Over the last five European Parliament elections, young peoples participation and preferences have changed significantly in response to various socio-economic, political and cultural factors. Of course, the European Union...

EU elections: far-right parties surge, but less than had been expected

The results of the 2024 European elections have confirmed the surge of far-right parties in EU member states. However, while many recorded significant scores, the wave was not a groundswell, and the shifts vary from...

Does voting help the climate?

The worlds biggest election took place in heat so severe it claimed the lives of several poll workers. Nearly one billion people were eligible to vote in the election that returned Narendra Modi to power in India, but...

Science

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Technology

Shiba Inu (SHIB) Partners With British Red Cross to Boost Crypto Donations

Shiba Inu (SHIB) gains support from the British Red Cross, enabling crypto donations through the Giving Block. This partnership enhances SHIBs value and broadens the Red Crosss fundraising capabilities, marking a...

Kia's $30,000 EV3 Built in Mexico to Qualify for US EV Tax Credit

Kia to build the $30,000 EV3 in Mexico, unlocking the US EV tax credit. The EV3s affordability and advanced features are set to make a significant impact on the electric vehicle market. Kia Unveils $30,700 EV3 at 2023...

Tesla Cybertruck Owner Showcases Electric Cooler, Full Owner's Manual Revealed Online

A Tesla Cybertruck owner highlights an electric cooler run by the trucks bed outlet, demonstrating its utility. Additionally, the Tesla Cybertruck owners manual has been revealed, providing comprehensive specifications and...

Tesla Model 3 LR AWD Now Qualifies for $7,500 Point of Sale EV Tax Credit

The IRS has included Teslas Model 3 LR AWD in the $7,500 EV tax credit list, allowing buyers to benefit from the new Point of Sale system. Tesla Model 3 LR AWD Now Eligible for EV Tax Credit Under New Point of Sale...

US Supreme Court to Hear Nvidia Crypto Mining Revenue Fraud Appeal

The U.S. Supreme Court will hear Nvidias appeal in a securities fraud lawsuit alleging the company misled investors about its cryptocurrency mining revenue. Supreme Court to Review Nvidias Appeal in Securities Fraud...