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Thu, Apr 25, 2024 04:43 AM All times are UTC

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Europe Roundup: Sterling edges higher on geopolitical woes , European stocks fall, Gold on track to fifth straight weekly gain, Oil slips despite reported Israeli attack on Iran-April 19th,2024

Apr 19, 2024 12:22 pm UTC| Market Roundups

Market Roundup UK Mar Retail Sales (YoY) 0.8%, -0.4% previous UK Mar Core Retail Sales (YoY) 0.4%,-0.5% previous UK Mar Core Retail Sales (MoM) -0.3%,0.2% previous German Mar PPI (MoM) 0.2%, 0.0% forecast,-0.4%...

Europe Roundup: Euro gains against weaker dollar, European stocks gain, Gold gains, Oil extends losses on easing Middle East tension, demand concerns-April 18th,2024

Apr 18, 2024 12:29 pm UTC| Market Roundups

Market Roundup Swiss Mar Trade Balance 3.542B, 3.220B forecast, 3.662B previous Italian Mar Car Registration (YoY) -3.7%, 12.8% previous German Mar Car Registration (YoY) -6.2%, 5.4% previous German Mar Car...

America’s Roundup: US dollar weakens, US stocks end down, Gold eases , Oil settles down 3% as demand worries outweigh Middle East supply risks

Apr 17, 2024 23:43 pm UTC| Market Roundups

Market Roundup Canada Feb Foreign Securities Purchases by Canadians 24.19B, -7.59B previous Canada Feb Foreign Securities Purchases -8.78B,10.10Bforecast,8.88B previous US Gasoline Production-0.025M, -0.538M...

Europe Roundup:Sterling gains against dollar after UK inflation data,European shares gain, Gold rises, Oil dips as demand worries outweigh Middle East supply risks-April 17th,2024

Apr 17, 2024 12:23 pm UTC| Market Roundups

Market Roundup UK PPI Mar Output (MoM) 0.2%,0.2% forecast,0.3% previous UK PPI Mar Core CPI (MoM) 0.6%, 0.6% previous UK Mar Core CPI (YoY) 4.2%,4.1% forecast,4.5% previous UK Mar Core RPI (YoY) 3.3%, 3.5%...

America’s Roundup: Dollar hits 5-month high against euro, US stocks end mixed, Gold holds steady, Oil prices flat as economic headwinds counter Mideast supply fears

Apr 16, 2024 22:54 pm UTC| Market Roundups

Market Roundup Canada Mar CPI (YoY) 2.9%,2.8% previous Canada Mar CPI (MoM) 0.6%,0.7% forecast,0.3% previous US Mar Building Permits (MoM) -4.3%, 2.4% previous US Mar Building Permits 1.458M,1.514M forecast,...

Europe Roundup: Sterling holds at five-month low after UK labour data ,European shares fall, Gold rally pauses, Oil slips as concern eases about Middle East supply risk-April 16th,2024

Apr 16, 2024 12:27 pm UTC| Market Roundups

Market Roundup UK Feb Unemployment Rate 4.2%, 4.0% forecast,3.9%previous UK Feb Average Earnings ex Bonus 6.0%,6.1% previous UK Mar Claimant Count Change 10.9K,17.2K forecast,16.8K previous UK Feb Employment...

America’s Roundup: Dollar jumps after strong U.S. retail sales , Wall Street close lower, Gold firms, Oil prices slip after Iran attack, US economic data

Apr 16, 2024 00:27 am UTC| Market Roundups

Market Roundup US NY Apr Empire State Manufacturing Index -14.30,-5.20 forecast,-20.90 previous Canada New Motor Vehicle Sales (MoM) 137.7K,116.9K previous Canada Feb Manufacturing Sales (MoM) 0.7%, 0.7%...

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Economy

The yen plunges to 34-year low despite interest rate hike

The Bank of Japan (BoJ) raised interest rates for the first time in 17 years on March 19, bringing an era of negative interest rates to an end. The key rate was hiked from 0.1% to a band from zero to 0.1% a token effort...

The idea that US interest rates will stay higher for longer is probably wrong

The 0.4% rise in US consumer prices in March didnt look like headline news. It was the same as the February increase, and the year-on-year rise of 3.5% is still sharply down from 5% a year ago. All the same, this modest...

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

Why Africa can be the beating heart of South Korea’s technology industry

Tshepo Ncube, Head: International Coverage and Bhavtik Vallabhjee, Head: Power, Utilities Infrastructure at Absa CIB reflect on their recent visit to South Korea, examining why investors in the region have their eyes set...

Politics

US Commerce Secretary Asserts Huawei Chip Lag, Affirms Export Control Success

In an interview on CBS News 60 Minutes, Commerce Secretary Gina Raimondo stated that the latest Huawei Mate 60 Pro phones chip remains significantly behind U.S. technology despite being the most advanced from China. She...

The Alberta government is interfering in public sector bargaining on an unprecedented scale

In the coming months, over 200,000 public sector workers in Alberta will begin bargaining with their employers for new contracts. The most recent agreements expired in March and, after many years of high inflation and few...

Putin’s Russia: first arrests under new anti-LGBT laws mark new era of repression

Just over three decades after Russia decriminalised homosexuality in 1993, three people have been arrested and charged under the countrys harsh new anti-LGBT laws and could face ten years in prison for membership of an...

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Science

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

Technology

Tesla Model 3 Performance Eligible for $7,500 Tax Credit, Launches at $53K

Tesla Inc. has unveiled a new $52,990 Performance model of its Model 3, eligible for full $7,500 federal EV tax credits. This introduces a more cost-effective option amidst Teslas current lineup. Teslas New $53K Model 3...

Critical Update: Samsung Expands Network Band Support in Europe – Update Now for Uninterrupted Access

This week, Samsung has launched a vital software update across European markets, targeting various devices, including the Galaxy S24 and Z Flip 5. This update is critical for maintaining network connectivity and accessing...

Shiba Inu's Burn Rate Surges 2200%, Fuels Bullish Sentiment and Speculation on Future Price Gains

Shiba Inu (SHIB), a well-known meme coin rumored to be the self-proclaimed Dogecoin killer, sparked unbridled jubilation among crypto market traders and investors today, as its burn rate increased by around 2200%. This...

Robinhood Unveils SHIB, AVAX, and COMP Listings for New York Traders, Expanding Crypto Access

Robinhood has expanded its cryptocurrency offerings to New York residents, now including popular tokens like Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP), enhancing trading options on its platform. Robinhood...

Hong Kong's First Bitcoin and Ether ETFs Set to Begin Trading April 30, Official Approval Granted

Hong Kongs Securities and Futures Commission has officially approved the first spot Bitcoin and Ether ETFs, which will begin trading on April 30. This marks a significant milestone in the citys cryptocurrency market...