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Commodities snapshot (energy)

Aug 19, 2015 15:20 pm UTC| Insights & Views

Energy pack is mixed today, while oil is down, gas is up. Weekly performance at a glance in chart table. Oil (WTI) - WTI is the worst performer today, as inventory posted surprise gains. Todays range...

Suppressed volatility heading for volatility bursts for Chinese equities

Aug 19, 2015 14:59 pm UTC| Insights & Views

China truly stands as top risk of 2015 as the current government struggles to prevent a stock market meltdown, hard landing of economy and to manage its currency in a bid to gain a seat in IMFs currency basket. While...

EIA lowers forecast for crude prices

Aug 19, 2015 14:24 pm UTC| Insights & Views

It seems when it comes to crude there is no end of bad news for now. USs Energy Information Administration (EIA) lowered its forecast for crude oil prices, sharply from last months estimate. According to EIA, WTI prices...

API reports deficit, while crude awaits EIA report

Aug 19, 2015 13:55 pm UTC| Insights & Views

Crude oil is finding some bids around $40/barrel, might be on the process of forming a key interim bottom. WTI is currently trading at $42.7/barrel, up from its recent low around $39.5/barrel. Key factors at play in Crude...

Poll shows UK’s EU referendum at mercy of swing voters

Aug 19, 2015 13:15 pm UTC| Insights & Views

UKs EU referendum proposed by Prime Minister David Cameron before the election, where a No might lead to UKs exit from European Union if an ongoing negotiations between European Union and UK goes sour. Though both parties...

Dollar inching higher as Fed’s minutes today likely to present clarity

Aug 19, 2015 13:05 pm UTC| Insights & Views

Todays FOMC minutes would probably confirm that the liftoff date is approaching but without any precise obligation to the September meeting. The particular interest will be in the discussion of labour market conditions and...

FxWirePro: Saucer pattern on USD/CAD, retesting trendline support – bull run to resume if 1.3025 sustains

Aug 19, 2015 12:56 pm UTC| Insights & Views

Long term charts evidences the saucer pattern on this pair, a rounding bottom of the prolonged downtrend can used to suggest that the long term trend is reversed. Currently the pair is testing trendline support at 1.3070...

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Economy

Why China’s economy has hit a wall

Chinas annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to...

Vladimir Putin’s gold strategy explains why sanctions against Russia have failed

There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6 per cent in 2023 and is projected to grow another 2.6 in 2024. Nearly six per cent of Russias gross...

Mentorship is key to improving social and economic outcomes for Black youth

Black youth in Canada experience poorer educational achievement than other children and youth, which leads to subsequent poor economic outcomes. A series of problems and barriers contribute to poor educational outcomes....

There’s an extra $1 billion on the table for NT schools. This could change lives if spent well

The federal and Northern Territory governments have just made a historic funding announcement of about A$1 billion for schools in the territory. This includes an extra $737.7 million from the federal government and an...

Undersea cables for Africa’s internet retrace history and leave digital gaps as they connect continents

Large parts of west and central Africa, as well as some countries in the south of the continent, were left without internet services on 14 March because of failures on four of the fibre optic cables that run below the...

Politics

China's Commerce Minister to Advocate EV Sector in Europe Amid Subsidy, Tariff Probe

Chinas Commerce Minister Wang Wentao is set to visit Europe in April to address concerns and advocate for the Chinese electric vehicle (EV) industry amid a European Commission investigation into alleged unfair...

Chinese Hackers Target US Officials and Dissidents in Cyber Espionage Scheme

Seven nationals of the Peoples Republic of China (PRC) face charges for a long-term cyber espionage campaign targeting political dissidents and officials in the US, marking a significant escalation in international cyber...

SpaceX Builds Spy Satellites for US; Russia Warns of Military Response

Russia has issued a stark warning to the United States, stating that the use of SpaceXs satellites for espionage could render them targets for military action. This follows revelations that SpaceX is constructing a spy...

Deepfakes are still new, but 2024 could be the year they have an impact on elections

Disinformation caught many people off guard during the 2016 Brexit referendum and US presidential election. Since then, a mini-industry has developed to analyse and counter it. Yet despite that, we have entered 2024 a...

Science

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

What is minoxidil, the anti-balding hair growth treatment? Here’s what the science says

Hair loss (also known as alopecia) often affects the scalp but can occur anywhere on the body. Its very common and usually nothing to worry about; about half of Australian men show signs of visible baldness at age 50 and...

Our survey of the sky is uncovering the secrets of how planets are born

When we look out to the stars, it is typically not a yearning for the distant depths of outer space that drives us. When we are looking out there, we are truly looking back at ourselves. We try to understand our place in...

Archeoastronomy uses the rare times and places of previous total solar eclipses to help us measure history

Total solar eclipses have fascinated and terrified people for centuries. Today, we know that total solar eclipses like the upcoming eclipse on April 8 are caused by a cosmic coincidence when the moon comes between the...

Technology

Bitcoin Depot CEO Foresees Crypto ATM Revival with Impending Bitcoin FOMO Wave

As the crypto industry anticipates a surge in Bitcoin interest post-halving, Bitcoin Depot CEO Brandon Mintz predicts a significant resurgence in crypto ATM installations worldwide. This optimism follows a decline in 2023...

Ford Motor Slashes F-150 Lightning Workers as EV Sales Slow

Ford Motor Company is trimming down its workforce at its Michigan production plant for F-150 Lightning pick-up trucks. The automaker cited slow EV sales as the reason for the move. Ford Motor will slash two-thirds or...

Wendy’s Signs Deal With PAR Punchh AI Platform to Advance Customer Loyalty Program

The Wendys Company selected the PAR Punchh customer loyalty platform to upgrade its loyalty program for better customer engagement. The fast-food chain will apply next-generation technology to offer the best solutions to...

Tesla Cybertruck Gears Up for Thailand, Steals Spotlight in Mexico

As Teslas Cybertruck prepares to debut in Thailand, excitement builds following its attention-grabbing tour in Mexico. Recent discussions hint at a potential Tesla gigafactory in Thailand, and the all-electric trucks...
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