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Fri, May 17, 2024 09:25 AM All times are UTC

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Europe Roundup: Euro edges higher against dollar after Euro zone factory activity jumps, European shares gain, Gold rises, Oil up as OPEC+ meets to decide on production policy-April 1st,2021

Apr 01, 2021 12:31 pm UTC| Market Roundups

Market Roundup German Feb Retail Sales (MoM) 1.2%, 2.0% forecast, -4.5% previous German Feb Retail Sales (YoY) -9.0%, -6.3% forecast, -8.7% previous Russia Mar Markit Manufacturing PMI 51.1, 51.5...

America’s Roundup: U.S. dollar hits one-year high vs yen, Wall Street gains, Gold rises,Oil prices fall as OPEC+ concerns weigh-April 1st,2021

Mar 31, 2021 21:37 pm UTC| Market Roundups

Market Roundup US March ADP Nonfarm Employment Change 517K, 550K forecast, 117K previous Canada Feb RMPI (MoM) 6.6%,5.7% previous Canada Feb RMPI (YoY) 17.1%, 6.2% previous Canada Jan GDP (MoM) 0.7%, 0.5%...

Europe Roundup: Sterling edges higher as Britain gets ready for April re-opening ,European stocks flat ,Gold little changed, Oil falls on OPEC+ concerns over slow demand recovery-March 31st,2021

Mar 31, 2021 12:30 pm UTC| Market Roundups

Market Roundup UK Business Investment (QoQ) (Q4) 5.9% , 1.3% previous UK Business Investment (YoY) (Q4) -7.4%,-10.3% previous UK GDP (YoY) (Q4) -7.3%,-7.8%forecast, -7.8% previous UK GDP (QoQ) (Q4) 1.3%,1.0%...

America’s Roundup: Dollar index jumps to four-month peak, Wall Street dips, Gold slides 2%,Oil falls as Suez Canal reopens, dollar rallies; eyes on OPEC+ meeting-March 31st,2021

Mar 30, 2021 22:01 pm UTC| Market Roundups

Market Roundup US Redbook (YoY) 9.8%,9.4% previous US Redbook (MoM) -17.4%,-17.6% previous US Jan SP/CS HPI Composite - 20 n.s.a. (YoY) 11.1%, 11.0% forecast, 10.1% previous US Jan SP/CS HPI Composite - 20...

Europe Roundup: Euro dips as dollar, yields advance, European shares gain, Gold slides more than 1%, Oil falls as Suez opens, focus turns to OPEC+ output cuts-March 30th,2021

Mar 30, 2021 13:08 pm UTC| Market Roundups

Market Roundup French March Consumer Confidence 94, 91 forecast, 91 previous Spanish CPI (YoY) 1.3%,0.0% previous Spanish CPI (MoM) 1.0%,0.6% forecast, -0.6% previous Spanish Feb Retail Sales (YoY) -5.9%...

America’s Roundup: Dollar gains as improving U.S. outlook lifts greenback, Wall Street falls, Gold slips, Oil falls 1% as traffic in Suez Canal resumes-March 30th,2021

Mar 29, 2021 18:42 pm UTC| Market Roundups

Market Roundup French 6-Month BTF Auction -0.627%, -0.620% previous French 3-Month BTF Auction -0.629% ,-0.619% previous French 12-Month BTF Auction -0.630%,-0.625% previous US March Dallas Fed Mfg Business...

Europe Roundup: Euro set for biggest monthly drop since mid-2019, European shares gain, Gold falls, Oil falls on hopes that Suez Canal blockage might end soon-March 29th ,2021

Mar 29, 2021 12:25 pm UTC| Market Roundups

Market Roundup UK Net Lending to Individuals 4.9B, 2.8B previous UK BoE Feb Consumer Credit -1.246B, -1.250B forecast, -2.392B previous UK Feb Mortgage Approvals 87.70K, 95.00K forecast, 98.99K previous UK...

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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...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

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...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

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

Microsoft Integrates AMD AI Chips into Azure, Competing with Nvidia’s GPU Offerings

Microsoft announced Thursday that it will integrate AMDs MI300X processors into its Azure cloud services, offering a competitive alternative to Nvidias GPUs. Azures New AI Processing Power According to Reuters,...

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

Analysts caution that altcoins now represent a relatively huge risk, with the days of massive returns fading. Markus Thielen of 10xResearch suggests the high-reward era is over as crypto market narratives...

Bitcoin Has Best Day in 2 Months as SHIB to Get More Scarce with Shibarium

Bitcoin experienced its largest single-day rise in nearly two months, while ShibaSwaps expansion to Shibarium is set to increase SHIBs scarcity by boosting its burn rate. ShibaSwap Launches on Shibarium, Increasing SHIB...

Kia's Electric Pickup Spotted in US Testing, Targets Tesla Cybertruck, Ford F-150 Lightning

Kias upcoming electric pickup, designed to rival the Tesla Cybertruck, Rivian R1T, and Ford F-150 Lightning, has been spotted testing in the U.S., marking a significant step in its development. Kias Strategic Move into...

OpenAI Strikes Deal with Reddit to Bring Content to ChatGPT, Boosting Stocks

OpenAI and Reddit announced a partnership on May 16 to integrate Reddit content into ChatGPT, enhancing the chatbots capabilities and driving Reddits stock up 12% in extended trading. Reddit Diversifies Beyond...