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Tue, Apr 23, 2024 08:39 PM All times are UTC

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Asia Roundup: Aussie gains on government's tax cut plan, greenback eases amid Fed rate cut expectations, Asian shares rally - Thursday, July 4th, 2019

Jul 04, 2019 07:02 am UTC| Market Roundups

Economic Data Ahead (0500 ET/0900 GMT) EZ Retail Sales MM (0500 ET/0900 GMT) EZ Retail Sales YY Key Events Ahead (0300 ET/0700 GMT) European Central Banks Philip Richard Lane give a speech ...

America's Roundup: Dollar dips to one-week low vs yen on Fed rate cut view,U.S. stocks rise, Gold steadies, Oil prices climb as U.S. equities rally, rig count drops-July 4th,2019

Jul 03, 2019 19:41 pm UTC| Market Roundups

Market Roundup US Initial Jobless Claims, 221k, 220k forecast,, 229k previous US Continued Jobless Claims, 1.686 mln, 1.675 mln forecast, 1.694 mln previous US Jun Factory Orders MM,-0.7%, -0.6% forecast, -1.2%...

Europe Roundup: Sterling eases on downbeat UK service PMI; euro rallies as EU chooses Lagarde to head ECB, European shares rally - Wednesday, July 3rd, 2019

Jul 03, 2019 11:38 am UTC| Market Roundups

Economic Data Ahead (0815 ET/1215 GMT) Payrolls processor ADP releases U.S. employment report for the month of June. The report is expected to show that 140,000 jobs were added as compared with 27,000 jobs in...

Asia Roundup: Yen at 1-week peak against dollar as trade optimism fades, euro consolidates following Washington’s threat, Asian shares decline - Wednesday, July 3rd, 2019

Jul 03, 2019 07:15 am UTC| Market Roundups

Economic Data Ahead (0915 ET/1315 GMT) Italy Markit/IHS Svcs PMI (0915 ET/1315 GMT) Italy Composite PMI (0920 ET/1320 GMT) France Markit Serv PMI (0920 ET/1320 GMT) France Markit Comp PMI (0925...

Europe Roundup: Sterling near 2-week low amid Brexit turmoil, euro rebounds after Italy PM says deficit back on track, European shares surge - Tuesday, July 2nd, 2019

Jul 02, 2019 11:17 am UTC| Market Roundups

Market Roundup EUR/USD 0.17%, USD/JPY -0.16%, GBP/USD -0.21%, EUR/GBP 0.39% DXY -0.16%, DAX -0.22%, FTSE 0.47%, Brent -0.65%, Gold 0.62% UK Jun Markit/CIPS Cons PMI, 43.1, 49.3 fcast, 48.6 prev UK...

Asia Roundup: Aussie eases as RBA cuts rate, greenback gains as progress in U.S.-China talks eases pressure off Fed to cut rates, Asian shares rally - Tuesday, July 2nd, 2019

Jul 02, 2019 07:08 am UTC| Market Roundups

Market Roundup Australias central bank cuts rates to 1%, likely not done yet Australian government close to securing enough votes for $110 bln tax cut plan Trump says any China trade deal would need to be...

America's Roundup: Dollar climbs to two-week high as U.S.-China trade tensions ease, Gold falls, Oil steadies on OPEC cuts, but oversupply fears persist-July 2nd,2019

Jul 01, 2019 20:29 pm UTC| Market Roundups

Market Roundup Trump says China trade talks back on track, new tariffs on hold U.S.-China trade agreement takes little pressure off Fed to cut rates US June ISM Manufacturing PMI, 51.7, 51.0 forecast, 52.1...

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Economy

The idea that US interest rates will stay higher for longer is probably wrong

The 0.4% rise in US consumer prices in March didnt look like headline news. It was the same as the February increase, and the year-on-year rise of 3.5% is still sharply down from 5% a year ago. All the same, this modest...

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

Why Africa can be the beating heart of South Korea’s technology industry

Tshepo Ncube, Head: International Coverage and Bhavtik Vallabhjee, Head: Power, Utilities Infrastructure at Absa CIB reflect on their recent visit to South Korea, examining why investors in the region have their eyes set...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

Politics

US Commerce Secretary Asserts Huawei Chip Lag, Affirms Export Control Success

In an interview on CBS News 60 Minutes, Commerce Secretary Gina Raimondo stated that the latest Huawei Mate 60 Pro phones chip remains significantly behind U.S. technology despite being the most advanced from China. She...

Putin’s Russia: first arrests under new anti-LGBT laws mark new era of repression

Just over three decades after Russia decriminalised homosexuality in 1993, three people have been arrested and charged under the countrys harsh new anti-LGBT laws and could face ten years in prison for membership of an...

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

Science

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

Technology

New Crypto Whale Snags 237.8 Billion SHIB Following Key Shiba Inu Blockchain Announcement

Shortly after Shiba Inu announced securing $12 million for a new layer-3 blockchain project, a new whale acquired 237.8 billion SHIB, stirring the crypto community and fueling speculation about the coins future. Massive...

Crypto.com's Launch in South Korea Stalled by AML Regulatory Concerns, Postponement Announced

Crypto.com has delayed its much-anticipated launch in South Korea after an emergency inspection by local regulators revealed issues with its anti-money laundering measures, forcing the cryptocurrency exchange to reassess...

Coca-Cola, Microsoft Forge $1.1B Alliance for Cloud and AI Innovation

The Coca-Cola Company and Microsoft Corp. have joined forces in a $1.1 billion deal to leverage Microsoft Cloud and AI technologies, aiming to streamline operations and spark worldwide innovation. Strategic Partnership...

Korean Military Considers iPhone Ban, Samsung Exempt for Security Reasons

The South Korean military is considering banning iPhones from defense installations over concerns that their voice recording feature could compromise security, whereas Samsung phones are approved for use. Potential...

Shiba Inu Reveals How SHIB Army Can Earn TREAT Token in New Blockchain Ecosystem

The Shiba Inu ecosystem has outlined multiple ways for its community, the SHIB Army, to earn the upcoming TREAT token as part of their engagement with the new layer-3 blockchain, empowering users with greater participation...