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Europe Roundup: Euro dips vs greenback ahead of Fed meeting, European shares gain, Gold inches up, Oil rises as markets wait on virus impact and U.S. stockpiles fall-January 29th,2020

Jan 29, 2020 12:59 pm UTC| Market Roundups

Market Roundup UK Jan Nationwide HPI (YoY) 1.9%, 1.5% forecast, 1.4% previous UK Jan Nationwide HPI (MoM) 0.5%,0.3% forecast, 0.1% previous German Dec Import Price Index (MoM) 0.2%,0.3% forecast, 0.5%...

Asia Roundup: Aussie strengthens in early Asia on robust CPI data, Asian markets in green, gold slips below $1,570 mark - Wednesday, January 29, 2020

Jan 29, 2020 05:37 am UTC| Market Roundups

Market Roundup Australias CPI q/q stands at 0.7 pct vs 0.5 pct previous release (expected 0.6). Australias trimmed mean CPI q/q remains unchanged at 0.4 pct. South Koreas consumer confidence stands at 104.2...

America’s Roundup: Dollar gains ahead of Fed meeting ,Wall Street rebounds ,Gold dips, Oil edges up as stock markets rebound-January 29th,2020

Jan 28, 2020 22:15 pm UTC| Market Roundups

Market Roundup US Dec Core Durable Goods Orders (MoM) -0.1%,0.2% forecast, -0.4% previous US Dec Durable Goods Orders (MoM) 2.4%,0.4% forecast, -3.1% previous US Dec Durables Excluding Defense (MoM)...

Europe Roundup: Sterling at one-week lows on Brexit concerns, European shares edged higher, Gold eases off three-week peak, Oil falls for sixth day-January 28th,2020

Jan 28, 2020 13:10 pm UTC| Market Roundups

Market Roundup Coronavirus fears boost safety buying of Treasuries Fed expected to leave rates unchanged on Wednesday Spanish Unemployment Rate (Q4) 13.78% , 14.00% forecast,13.92% previous UK Jan CBI...

Asia Roundup: Japanese yen trades marginally lower after mixed economic data, Asian markets in red, gold hovers around $1,580 mark - Tuesday, January 28, 2020

Jan 28, 2020 06:46 am UTC| Market Roundups

Market Roundup Japans CSPI (Corporate Services Price Index) remains unchanged at 2.1 pct. Japans core CPI y/y stands at 0.3 pct vs 0.2 pct previous release (expected 0.2). Australias NAB business confidence...

America’s Roundup: Canadian dollar tumbles to 7-week low, Wall Street drops, Gold hits three-week high, Oil sinks to three-month lows-January 28th,2020

Jan 27, 2020 22:24 pm UTC| Market Roundups

Market Roundup Coronavirus death toll rises to 81 in China U.S. 10-year Treasury yields fall to over 3-month low Fed meeting on Jan. 28-29 US Dec New Home Sales 694K, 730K forecast, 697K previous US Dec...

Europe Roundup: Euro falls to eight-week low, European shares slump, Gold gains 1%,Oil drops below $60-Janaury 27th,2020

Jan 27, 2020 13:01 pm UTC| Market Roundups

Market Roundup China says virus ability to spread getting stronger German Jan Business Expectations 92.9, 95.0 forecast, 93.9 previous German Jan Current Assessment 99.1, 99.2 forecast, 98.8 previous German...

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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...

If the RBA’s right, interest rates may not fall for another year. Here’s why.

The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...

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,...

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...

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...

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

Dovish CPI Inflation Boosts AI Coins--Is WienerAI The Top Crypto Pick?

The April Consumer Price Index bodes well for risky assets, with US stocks and cryptocurrencies rallying in the aftermath. The YoY headline CPI data came in at 3.4%, exactly in line with market forecasts. The MoM...

Bitcoin Soars on Cooling US CPI Inflation Data, Investor Sentiment Improves

The Bitcoin price remains constant, as investors appear to have dismissed inflation concerns, particularly following the recent U.S. The Consumer Price Index (CPI) has been released. Notably, market investors were keenly...

Shiba Inu Rep Lucie Makes Major Bullish Statement on Shibarium Coins

Lucie, the Shiba Inu teams official marketing head, has taken to her X social media account (previously known as Twitter) to declare the SHIB, BONE, and LEASH pricing behavior she expects to see during a hypothetical...

Tesla Cybertruck to Receive Full Self-Driving V12.5 Update in June, Elon Musk Announces

Elon Musk provided a new update on the Tesla FSD development, which appears to be moving faster than anticipated. FSD V12.4, which aims to enhance miles per intervention by tenfold over V12.3, is set to begin internal...

Spot Bitcoin ETF: Vanguard Might Join BlackRock in Major Market Shift

With the appointment of new CEO Salim Ramji, Vanguard may soon enter the spot Bitcoin ETF market, potentially joining industry leader BlackRock and marking a significant shift in the investment landscape. Vanguards New...