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Market Roundups

Tue, May 14, 2024 12:10 PM All times are UTC

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America’s Roundup: Dollar falls as U.S. non-farm payrolls lag behind expectations, Wall Street ends higher, Gold rebounds, Oil extends gain on OPEC+ supply discipline and recovering demand-June 5th,2021

Jun 05, 2021 01:46 am UTC| Market Roundups

Market Roundup U.S. nonfarm payrolls at 559,000 vs 650,000 forecast U.S. factory orders slide more than expected in April US May Unemployment Rate 5.9% forecast,6.1% previous Canada May Unemployment Rate 8.2%...

Europe Roundup: Euro dips against dollar ahead of U.S. payrolls data, European stocks inch higher, Gold hits 2-week low, Oil rises towards $72 on demand prospects-June 4th,2021

Jun 04, 2021 12:27 pm UTC| Market Roundups

Market Roundup U.S. nonfarm payrolls due at 1230 GMT German IHS May Markit Construction PMI 44.5, 46.2 previous UK May Construction PMI 64.2, 62.3 forecast, 61.6 previous EU Apr Retail Sales (MoM) -3.1%,-1.2%...

America’s Roundup: Dollar index hits three-week top in wake of robust U.S. data, US Stocks ends lower, Gold slides over 2%, Oil steady after mixed U.S. crude inventory report-June 4th,2021

Jun 03, 2021 21:48 pm UTC| Market Roundups

Market Roundup U.S. weekly jobless claims drop below 400,000 US May ADP Nonfarm Employment Change 978K,650K forecast, 742K previous US Continuing Jobless Claims 428.00K, 3,615K forecast, 3,642K previous US...

Europe Roundup: Euro dips as dollar firms ahead of U.S. jobs data, European stocks slip, Gold falls, Oil steady after sharp rise on improved demand picture-June 3rd,2021

Jun 03, 2021 12:30 pm UTC| Market Roundups

Market Roundup Italian May Composite PMI 55.7, 51.2 previous Italian May Services PMI 53.1, 52.5 forecast, 47.3 previous French May Markit Composite PMI 57.0, 57.0 forecast, 57.0 previous French May...

America’s Roundup: Dollar little changed as traders seek direction from data, Wall Street gains, Gold gains modestly, Oil hits over 1-year high-June 3rd,2021-June 3rd,2021

Jun 02, 2021 21:51 pm UTC| Market Roundups

Market Roundup Canada Apr Building Permits (MoM) -0.5% , -4.8% forecast, 5.7% previous US Redbook (YoY) 13.0%,13.6% previous US IBD/TIPP Economic Optimism 56.4, 54.4 previous US May Dallas Fed Services...

Europe Roundup: Euro dips after downbeat German retail sales data, European stocks inches higher, Gold prices fall, Oil gains, supported by OPEC+ call to restore supply to the market-June 2nd,2021

Jun 02, 2021 12:15 pm UTC| Market Roundups

Market Roundup German Apr Retail Sales (MoM) -5.5%, -2.0% forecast, 7.7% previous German Apr Retail Sales (YoY) 4.4%, 10.1% forecast, 11.0% previous French Apr Government Budget Balance -91.4B, -60.1B...

America’s Roundup: Dollar edges up on manufacturing data,Wall Street edges up, Gold steadies near 5-month peak, Oil settles up after hitting 15-month highs on demand prospects-June 2nd,2021

Jun 01, 2021 21:44 pm UTC| Market Roundups

Market Roundup Canada GDP (QoQ) (Q1) 1.4%,2.3% previous Canada GDP Annualized (QoQ) (Q1) 5.6%,6.7% forecast,9.6% previous Canada GDP (MoM) 1.1%, 1.0% forecast, 0.4% previous US ISM May Manufacturing New Orders...

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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...

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,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

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...

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...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

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...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

OKX Expands to Australia, Introduces BTC, ETH, SOL Trading Options

OKX, a leading worldwide cryptocurrency exchange and Web3 technology business, has officially launched its crypto exchange services in Australia. This expansion is a big milestone for OKX, since it now provides spot (buy...

President Joe Biden Orders Removal of Chinese-Owned Crypto Miner Near Wyoming Missile Base

President Joe Biden has ordered the removal of a Chinese-owned cryptocurrency mining company from land near a Wyoming missile base, citing national security concerns. The directive targets MineOne Cloud Computing...

Shiba Inu (SHIB) May Skyrocket 20% If This Happens, Analysts Warn of Risks

Shiba Inu (SHIB) may skyrocket 20% if it breaches a critical resistance level, analysts suggest. The cryptocurrency is currently hanging from the edge, facing pivotal support levels that will determine its next...

Hong Kong Bitcoin and Ether ETFs Experience Highest Net Outflows Since Launch

Hong Kongs Bitcoin and Ether ETFs have experienced record net outflows since launch, marking a significant downturn in investor sentiment and fund performance. Hong Kongs Bitcoin and Ether ETFs Face Unprecedented $52.5M...

Subaru and Toyota Collaborate on 3 New Electric SUVs, Citing ‘Huge Risk’ of Solo EVs

Subaru and Toyota are expanding their partnership to produce three new electric SUVs, with Subarus CEO citing the huge risk of developing EVs independently. Subaru Partners with Toyota to Reduce Risks in EV Development,...