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Sat, May 18, 2024 07:55 PM All times are UTC

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America’s Roundup: Dollar retreats on stimulus talks, Wall Street ends higher, Gold gains, Oil edges up to highest since March on hopes for U.S. stimulus-August 5th,2020

Aug 04, 2020 22:30 pm UTC| Market Roundups

Market Roundup US Redbook (YoY) -7.1%,-8.7% previous US Redbook (MoM) 1.1%, 1.1% previous US Jul All Truck Sales 11.02M , 10.09M previous US Jul All Car Sales 3.50M, 2.97M previous Canada Jul RBC...

Europe Roundup: Sterling heads lower after early gains, European shares dips,Gold edges back from record peak, Oil falls as rising virus cases overshadow demand recovery-August 4th,2020

Aug 04, 2020 12:47 pm UTC| Market Roundups

Market Roundup French June Government Budget Balance -124.9B, -117.9B previous Spanish Unemployment Change -89.8K, 5.1K previous Eurozone PPI (YoY) -3.7%, -3.9% forecast -5.0% previous Eurozone PPI (MoM)...

Asia Roundup: Aussie steadies as RBA keeps policy steady, dollar gains against yen as investors await U.S. stimulus deal, Asian shares surge - Tuesday, August 4th, 2020

Aug 04, 2020 06:30 am UTC| Market Roundups

Market Roundup Oil prices fall amid fuel demand concerns Gold steadies near record high as virus fears persist RBA holds cash rate at 0.25 percent Economic Data Ahead (0500 ET/0900 GMT) EZ...

America’s Roundup: Dollar gains on upbeat manufacturing data,Wall Street jumps, Gold pulls back from record high, Oil rises more than 1% on hopes for economic recovery-August 4th,2020

Aug 04, 2020 00:13 am UTC| Market Roundups

Market Roundup 13;00 French 12-Month BTF Auction -0.560% ,-0.556% previous 13;00 French 6-Month BTF Auction-0.590% ,-0.562% previous 13;00 French 3-Month BTF Auction -0.574% ,-0.565% previous 13:45 US Jul...

Europe Roundup: Sterling slips, erasing recent gains, European stocks grind higher,Gold retreats from record peak, Oil steady as virus fears counter positive factory data-August 3rd,2020

Aug 03, 2020 13:18 pm UTC| Market Roundups

Market Roundup Swiss Jul CPI (YoY) -0.9%,-1.1%,-1.3% previous Swiss Jul CPI (MoM) -0.2%,-0.4% forecast, 0.0% previous Italian Jul Manufacturing PMI 51.9, 51.2 forecast, 47.5 previous French Jul Manufacturing...

America’s Roundup: Dollar heads for steepest monthly drop in decade, Wall Street gains, Gold rises, Oil posts monthly gains as U.S. reports record output cuts in May-August 1st,2020

Jul 31, 2020 23:14 pm UTC| Market Roundups

Market Roundup Canada June IPPI (MoM) 0.4%, 0.5% forecast,1.2% previous Canada June RMPI (YoY) -13.5%, -24.3% previous Canada June IPPI (YoY) -3.1% ,-4.9% previous Canada June RMPI (MoM) 7.5%, 6.9%...

Europe Roundup: Euro set for best month in a decade, European shares rebound ,Gold heads for best monthly gain since January 2012, Oil on track for monthly gain as dollar weakness supports-July 31st,2020

Jul 31, 2020 13:22 pm UTC| Market Roundups

Market Roundup Euro jumps to $1.19, eyes best month since 2010 French GDP (QoQ) (Q2) 13.8%,-15.3% forecast, -5.3% previous German June Retail Sales (MoM)-1.6%,-3.3% forecast, 13.9% previous German June...

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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

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

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...

Technology

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...

Over 50 Million USDT Blacklisted by Tether Amid Regulatory Scrutiny, Details Inside

Tether has blacklisted five wallets holding 54.1 million USDT, amidst increasing regulatory scrutiny and past enforcement actions. Tether Blacklists Five Wallets Holding 54.1 Million USDT Amid Ongoing Regulatory...

Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA

The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....

US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments

Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...

Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts

Crypto lender Genesis Global received court approval to return nearly $3 billion to customers, while a report highlights a significant increase in creditor haircuts in bankruptcy cases to 73% in FY24. Judge Approves...