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Europe Roundup: Sterling knocked back by bond rout, European shares drop, Gold down 1.4% for the week, Oil drops on dollar strength and OPEC+ supply expectations-February 26th,2021

Feb 26, 2021 13:19 pm UTC| Market Roundups

Market Roundup Swiss GDP (YoY) (Q4) -1.6%,-2.1%forecast, -1.6% previous Swiss GDP (QoQ) (Q4) 0.3%,0.1% forecast, 7.2% previous Sweden Jan Retail Sales (MoM) 3.4%,-4.9% previous Sweden Jan Trade Balance 5.20B,...

America’s Roundup: Dollar firms on sudden spike in U.S. Treasury yields,Wall Street ends sharply lower, Gold slides more than 2%, Oil mixed, U.S. crude hits highest since 2019 as refineries restart-February 26th,2021

Feb 25, 2021 22:46 pm UTC| Market Roundups

Market Roundup Russia Central Bank reserves (USD) 585.7B, 591.5B previous US GDP (QoQ) (Q4) 4.1%, 4.2% forecast,4.0% previous US Real Consumer Spending (Q4) 2.4%,2.5% previous US Core PCE Prices (Q4)...

Europe Roundup: Sterling steadies above $1.41 as risk currencies gain, European shares gain, Gold slips, Oil prices hit 13-mth highs on tighter supplies, Fed assurance on low rates-February 25th,2021

Feb 25, 2021 13:19 pm UTC| Market Roundups

Market Roundup French Feb Consumer Confidence 91, 92 forecast,92 previous Sweden Feb Manufacturing Confidence 114.6, 113.3 previous Italian Feb Consumer Confidence 101.4, 101.0 forecast, 100.7 previous EU Feb...

America’s Roundup: Dollar hits fresh three-year lows against commodity-linked currencies, Wall Street closes higher ,Gold subdued , Oil rises after data shows slump in U.S. output amid Texas freeze-February 25th,2021

Feb 24, 2021 21:58 pm UTC| Market Roundups

Market Roundup Canada Corporate Profits (QoQ) 7.9% ,-8.0% previous US Jan New Home Sales 855Kforecast, 842K previous US Jan New Home Sales (MoM) 4.3%,2.1% forecast, 1.6% previous US Crude Oil Inventories...

Europe Roundup: Sterling rises past $1.42 against greenback, European shares rise, Gold gains, Oil edges higher as surprise U.S. stock build weighs-February 24th,2021

Feb 24, 2021 12:17 pm UTC| Market Roundups

Market Roundup German GDP (QoQ) (Q4) 0.3%,0.1% forecast, 8.5% previous German GDP (YoY) (Q4) -2.7%,-2.9% forecast, -3.9% previous French Feb Business Survey 55.5, 43.2 previous US Crude Oil Inventories -5.190M...

America’s Roundup: Dollar stabilizes after Powell remarks, S&P 500 closes higher, Gold slid, Oil settles mixed amid post-storm uncertainty, Oil settles mixed amid post-storm uncertainty-February 24th,2021

Feb 23, 2021 22:03 pm UTC| Market Roundups

Market Roundup US Redbook (MoM) -0.8%, -0.9% previous US Redbook (YoY) 2.9%, 4.0% previous US Dec House Price Index (MoM) 1.1%, 1.0% previous US Dec House Price Index 313.5, 310.1 previous US Dec SP/CS...

Europe Roundup: Sterling hits fresh highs vs dollar , European shares fall, Gold scales 1-week high, Oil rises on positive forecasts, slow U.S. output restart-23rd February 2021

Feb 23, 2021 13:20 pm UTC| Market Roundups

Market Roundup German Labour Productivity -1.1%,4.0% previous UK Claimant Jan Count Change -20.0K, 35.0K forecast, 7.0K previous UK Dec Average Earnings ex Bonus 4.1%,4.0% forecast, 3.6% previous UK Dec...

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Economy

Japan leans on Asian LNG production to lower purchase costs

Japan will support Asian countries liquefied natural gas (LNG) production for use in power generation in the hope of reducing procurement costs for the energy source. The efforts to lower purchasing costs and ensure...

Biden addressing computer chip shortage via executive order

US President Joe Biden will sign an executive order addressing a global semiconductor chip shortage that has forced US automakers and other manufacturers to cut production. Biden will also discuss the chip shortage...

Best Buy: Employees to get pandemic-related bonuses ahead of the layoffs

Best Buy will be giving out bonuses or extra pay to its workers, and this was revealed this week. The American multinational consumer electronics retailer will pay pandemic-related benefits to employees with hourly...

Facebook reached a deal with Australia after code amendments and will restore news pages

Facebook announced it would be restoring the Australian news pages that it blocked on Monday, Feb.22. The decision resulted from the talks between Mark Zuckerberg and the Australian officials. Australians revised the...

Toshiba to collaborate with GE in producing wind power equipment

Toshiba Corp is in talks with US-based General Electric Co to jointly produce offshore wind power generation equipment, with a tie-up expected to be reached next month. The negotiations focused on the joint production...

Politics

Kamala Harris to reportedly prioritize cybersecurity and global health in foreign policy platform

Vice President Kamala Harris is slowly working on her foreign policy portfolio in her calls to world leaders and officials. Officials have revealed that Harris plans to put cybersecurity and global health at the forefront...

Nancy Pelosi speaks with Israel PM Benjamin Netanyahu about two-state solution

There may have been some possible tension between President Joe Biden and Israels Prime Minister Benjamin Netanyahu, but Netanyahus recent conversation with House Speaker Nancy Pelosi was more on the optimistic side....

Joe Biden nominates three experts to USPS governing board

Among the setbacks that were experienced during the campaign season in 2020 was the delay in the mail by USPS. President Joe Biden recently nominated three people to serve in the agencys governing board in a move to...

Joe Biden overturns Donald Trump's orders against 'anarchist' cities

Shortly after his inauguration, President Joe Biden has done a series of reversals of the policies imposed by his predecessor Donald Trump. Biden has recently made another reversal of Trump-era policies in the form of...

Science

Transparent wood is coming, and it could make an energy-efficient alternative to glass

Wood is an ancient material humans have been using for millions of years, for the construction of housing, ships and as a source of fuel for burning. Its also a renewable source, and one way to capture excess carbon...

Pigs can play video games, scientists discover

Pigs might not be able to fly, but they can play video games. In a new study, researchers from Purdue University in Indiana, US have shown that pigs can use a digital screen and joystick, operated by their snout, to move a...

Einsteinium: 100 years after Einstein's Nobel Prize, researchers reveal chemical secrets of element that bears his name

A century ago, an upstart German physicist by the name of Albert Einstein turned the scientific world on its head with his discovery of the photoelectric effect, which proved light to be both a particle and a wave. Awarded...

New CRISPR technology could revolutionise gene therapy, offering new hope to people with genetic diseases

The day a muddled mob stormed the US Capitol building, a team of American researchers published a paper in Nature that signified a landmark in gene therapy. The head of the US National Institutes of Health, Francis...

In the rush for coronavirus information, unreviewed scientific papers are being publicized

COVID-19 has not only upended our personal lives, it has dramatically changed scientific research. In response to the rapid spread of the virus, scientists around the world have had to find new ways to collaborate and...

Technology

‘Watch Dogs Legion’ TU 3.1 update prepares the game for online multiplayer mode

Watch Dogs Legion players can now patch the game with the Title Update 3.1 as it delivers several bug fixes. It is also packed with important data that will prepare the game for the release of the much-awaited online...

Microsoft fixes Xbox Live outage after several hours

Xbox Live is one of the most important features to anyone using Xbox One and Xbox Live Series X/S consoles. However, many users found out on Thursday that they were unable to log in to their accounts. Xbox Live outage:...

‘Final Fantasy 16’ has several modes for action-oriented and story-focused gameplay

Many details about Final Fantasy 16 are still under wraps, but producer Naoki Yoshida had recently shared how the upcoming title is different than its predecessors. The developer also hinted at the game having something to...

‘Doom Eternal’ director says he already thought about adding a female Slayer

The Doom franchise has introduced many well-loved playable characters over the years, but id Software has yet to add a female Slayer. However, one of the developers recently revealed that they have considered the idea and...
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