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Europe Roundup: Sterling gains after BoE's rate decision, European shares rise,Gold firms, Oil rises on weaker dollar, IEA demand upgrade-December 14th,2023

Dec 14, 2023 12:45 pm UTC| Market Roundups

Market Roundup Swiss Nov PPI (MoM) -0.9%, 0.1% forecast, 0.2% previous Swiss Nov PPI (YoY) -1.3%, -0.9% previous Swiss SNB Interest Rate Decision (Q4) 1.75%,1.75% forecast, 1.75% previous Irish Nov HICP...

America’s Roundup: Dollar falls as Fed announces rate cut for next year, Wall Street ends higher, Gold climbs over 1%, Oil prices rise 1% due to a significant withdrawal in U.S. storage and concerns following a tanker attack in the Red Sea

Dec 14, 2023 01:40 am UTC| Market Roundups

Market Roundup Fed officials see 75 basis points of cuts next year UK NIESR Monthly GDP Tracker -0.1%, 0.1% previous US Nov PPI ex. Food/Energy/Transport (MoM) 0.1%, 0.1% previous US Nov Core PPI (MoM) 0.0%,...

Europe Roundup: Sterling falls as the UK economy contracts, European stocks climb, Gold edges up, Oil prices steadies around six-month lows

Dec 13, 2023 12:36 pm UTC| Market Roundups

Market Roundup UK Oct Construction Output (MoM) -0.5%,-0.2%forecast,0.4% previous UK Oct Manufacturing Production (MoM) -1.1%,0.0% forecast,0.1% previous UK Oct U.K. Construction Output (YoY) 1.1%,1.2%...

America’s Roundup: Dollar dips ahead of Fed, Wall Street reaches new peak ,Gold retreats, Oil prices declines by over 3% on worries about softening demand and oversupply concerns

Dec 13, 2023 00:18 am UTC| Market Roundups

Market Roundup U.S. November CPI in line with estimates US Nov Real Earnings (MoM) 0.5% ,-0.1% previous US Nov CPI Index, s.a 307.92,307.62 previous US Nov CPI, n.s.a (MoM) -0.20%,-0.04% previous US Nov CPI...

Europe Roundup: Euro gains as dollar dips ahead of US inflation print, European shares gains slightly,Gold rises, Oil prices fall as negative market sentiment offsets Middle East concerns-December 12th,2023

Dec 12, 2023 12:58 pm UTC| Market Roundups

Market Roundup UK Oct Employment Change 3M/3M (MoM) 50K,54K previous UK Oct Average Earnings Index +Bonus 7.2%, 7.7%forecast,7.9% previous UK Oct Unemployment Rate 4.2%,4.2% forecast,4.2% previous UK Oct...

America’s Roundup: Dollar gains as focus shifts to US inflation data, Wall Street ends higher, Gold nears a three-week low, Oil settles marginally higher

Dec 11, 2023 23:49 pm UTC| Market Roundups

Market Roundup French 12-Month BTF Auction 3.423% ,3.393% previous French 3-Month BTF Auction 3.778%,3.766% previous French 6-Month BTF Auction 3.739%,3.739% previous US CB Nov Employment Trends Index...

Europe Roundup: Sterling gains ground ahead of the BoE meeting, European stocks flat, Gold slips, Oil prices edged lower on concerns about a crude oversupply despite OPEC+ cuts-December 11th,2023

Dec 11, 2023 12:49 pm UTC| Market Roundups

Market Roundup UK Rightmove House Price Index (MoM) -1.9%, -1.7% previous UK Rightmove House Price Index (YoY) -1.1%, -1.3% previous Looking Ahead Economic Data(GMT) 13:55 French 12-Month BTF Auction 3.393%...

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Economy

Will government investment make green hydrogen a reality in Australia?

In the budget last week, the government was keen to talk about its efforts to turn Australia into a renewable superpower under the umbrella of the Future Made in Australia policies. Future Made is a framework that sets...

Small businesses can help South Africa fight unemployment if they get proper support – study

South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades. Our research has revolved around entrepreneurship. We...

Australia is set to ban live sheep exports. What will this mean for the industry?

This month the federal government announced a plan to ban live sheep exports, set to come into effect from May 1 2028. The announcement coincided with the release of a highly anticipated report by an independent panel...

Latest inflation figures are good news

The U.S. economy is slowing, but not crashing. In the dismal science, this is what counts as good news. Thats the message I took away from the latest inflation data, released May 15, 2024, which showed U.S. consumer...

The budget is full of good news, but good news isn’t the same as good management

This years budget has something for everyone, with very little in the way of cuts and no new taxes. Its a classic good news pre-election budget. Whether it is too good to be true hinges on whether this budget...

Politics

Why the US government is intervening in the live music business and could break up Live Nation Entertainment – a music industry scholar explains

The U.S. Justice Department, along with 29 states and the District of Columbia, have filed an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster. The lawsuit alleges that Live Nation...

6 ways to foster political discourse on college campuses

With deep divisions on college campuses most recently over the conflict in the Gaza Strip and Israel many observers fear that universities are not places where students can discuss divisive issues with people who...

How Iran selects its supreme leader

The sudden death of President Ebrahim Raisi is unlikely to drastically alter Irans foreign and domestic policies, but it has left a power vacuum. As stipulated by the constitution, Raisi was replaced by his first vice...

Why the upcoming South African election a massive milestone for the ruling ANC

South Africans governing party, the African National Congress (ANC), is in trouble. After 30 years in charge, it is scrambling for support ahead of the upcoming national elections. The ANC has run the country since the...

How Modi is using TV, film and social media to sway voters in India’s election

As the worlds largest electorate goes to the polls in India, political parties are seeking to sway voters through popular culture, like film. Although cinema has long reflected and influenced the countrys political and...

Science

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Black holes are mysterious, yet also deceptively simple − a new space mission may help physicists answer hairy questions about these astronomical objects

Physicists consider black holes one of the most mysterious objects that exist. Ironically, theyre also considered one of the simplest. For years, physicists like me have been looking to prove that black holes are more...

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...

Technology

Ripple CEO Predicts Unavoidable Launch of XRP ETF at Consensus 2024

At Consensus 2024, Ripple CEO Brad Garlinghouse declared that XRP ETFs are inevitable, anticipating the cryptocurrency markets growth to $5 trillion, fueled by recent spot Bitcoin and Ether ETF approvals. Garlinghouse...

US President Joe Biden Vetoes SAB 121 Repeal, Sparks Crypto Industry Backlash

President Joe Biden vetoed the repeal of SECs SAB 121, prioritizing investor and consumer welfare, sparking significant controversy in the cryptocurrency industry. Bidens Veto on SECs Crypto Accounting Bulletin Faces...

Oklahoma Senate Approves Tax Breaks for Bitcoin and Crypto Mining Operations

The Oklahoma Senate has passed House Bill 1600, which provides tax exemptions for Bitcoin and cryptocurrency mining. The bill aims to bolster the states blockchain industry and economy. Oklahoma Senate Approves House...

Kia EV9 American Production Starts in Georgia, Qualifying for Federal Tax Credit Up to $7,500

Although the three-row Kia EV9 has been a huge success up to this point, it does have one significant drawback: because it is manufactured in Korea, it is not eligible for a tax credit of up to $7,500 unless it is obtained...

Hong Kong Officially Kicks Out All Unlicensed Crypto Exchanges, Enforcing Strict Regulations

Through this regulatory action, the Securities and Futures Commission (SFC) has demonstrated its dedication to promoting a safe and open environment for the trading of virtual assets. Hong Kong Regulators Mandate Crypto...