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FxWirePro: WTI crude rally stabilizes on US EIA’s out-of-the-proportion dips in inventory – Uphold directional hedge on OPEC’s cuts

Feb 28, 2019 13:59 pm UTC| Research & Analysis

Crude oilprices are stabilized somewhat after a strong rise through most of February.WTI has spiked about 5.3%, while Brentcrudehas risen 8.22% so far, as compared with January. US EIA reported its latest inventory...

FxWirePro: Reshuffle EURHUF call spread on low vols scenario

Feb 28, 2019 13:38 pm UTC| Research & Analysis Central Banks

Hungarian MPC meeting went more or less as we had expected: the central bank reiterated that it was ready to gradually normalize monetary policy, depending on the persistence of the inflation trend the MPC but did not...

FxWirePro: Fed or RBA? Never get caught-up between two stools - Caution on AUD/USD call spreads

Feb 28, 2019 12:46 pm UTC| Research & Analysis Central Banks

Anyone, if at all, is holding AUDUSD call spreads with the optimism that USD would come under modest pressure in the wake of the dovish FOMC, and that AUD was well placed to capitalize on this given the already inverted...

FxWirePro: A Run Through on Phases of Bitcoin Booming Cycles

Feb 28, 2019 11:53 am UTC| Research & Analysis Digital Currency Technicals Insights & Views

One can expect financial market bubbles in various kinds of asset classes, especially after the 2008 debt crisis, this terminology (bubble has been frequently utilized during bearish trend). However, one shouldnt forget...

FxWirePro: Brexit Hedging Intricacies - Sterling in High Spirits on Lingering Optimism of Brexit With Deal, But Prolonged Bears Beams-up With Scepticism

Feb 28, 2019 09:25 am UTC| Research & Analysis

Sterling appears to be optimistic of upside traction of late. It is trading at almost the same levels against the euro as seen in May 2017. The reason is the very real hope of a happy end, i.e. a Brexit with a deal, even...

FxWirePro: AUD/USD Projections, OTC Outlook, and Hedging Perspectives

Feb 28, 2019 08:49 am UTC| Research & Analysis

AUDUSD in near terms:The upswings is capped at 0.7150 levels, downside risks from the overnight reversal. The medium-term perspectives:The FOMCs dovish turn likely to drive AUDs upside traction in the near-term, while...

Heads of Wall Street Companies Seem Constructive on Prospects of Cryptocurrencies

Feb 28, 2019 07:22 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Weve already stated in our recent post about the mounting interests of Wall Street companies in cryptocurrency avenues. Despite the prolonged struggle of cryptocurrency market about more than a year or so, quite a few...

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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...

If the RBA’s right, interest rates may not fall for another year. Here’s why.

The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

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...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

Science

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...

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...

Technology

ECB Calls for Monitoring and Possible Regulation of AI in Finance

The European Central Bank (ECB) has highlighted the need for careful monitoring and potential regulation of artificial intelligence (AI) in the financial sector to prevent harm to consumers and ensure market stability....

BYD Launches Shark Hybrid Pickup in Mexico, Eyes New Factory Amid US Tariff Hike

BYD has introduced its Shark hybrid pickup truck to the Mexican market, with plans for a new factory, aiming to bolster its North American footprint despite recent U.S. tariff hikes on Chinese electric vehicles. BYDs...

Important Shiba Inu Metric Explodes by 2,300% as SHIB Price Rises: Details Inside

Important Shiba Inu metric explodes by 2,300% as the SHIB price rises. Shiba Inu adoption continues to grow, with users now able to book Airbnb and buy Nike clothes via SHIB. Shiba Inus Daily Volume Surges 2,300%,...

Pepe Coin Reaches New ATH as Smart Money Moves 250.5B PEPE Tokens

Pepe currency has emerged as one of the most promising cryptocurrencies in the meme coin industry this year, recently reaching a new all-time high. Despite the turmoil in the broader crypto market, the coin has defied...

Analysts Predict Bitcoin (BTC) Surge to $70K Soon, Here’s Why

Despite a rise beyond $63,000 on May 13, Bitcoins price has fallen to $61,500 today (May 14). One cause for the drop could be Coinbases operating troubles. System Outage on US-Based Exchange Repairs, Analysts Predict...