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Europe Roundup: Sterling eases on soft UK prelim Q1 GDP, euro on course for sixth weekly decline on Italy debt outlook, investors eye Fed Chairman Jerome Powell's speech - Friday, May 25th, 2018

May 25, 2018 11:04 am UTC| Market Roundups

Market Roundup EUR/USD -0.06%, USD/JPY 0.19%, GBP/USD -0.18%, EUR/GBP 0.16% DXY 0.11%, DAX 1.07%, FTSE 0.23%, Brent -1.91%, Gold 0.03% Germany Ifo Business Climate New, 102.2, 102.0 forecast, 102.1...

Asia Roundup: Kiwi eases on divergent monetary policy outlook, dollar rebounds after N. Korea says open to resolving issues with U.S, investors eye UK prelim GDP - Friday, May 25th, 2018

May 25, 2018 06:23 am UTC| Market Roundups

Market Roundup Trump formula? N.Korea says still open to talks after summit cancelled U.S. Commerces Ross to visit China for trade talks in early June Trump threat of auto tariffs opposed by auto industry,...

America's Roundup: Dollar weakens as Trump nixes N. Korea summit, Wall Street edges lower, Gold jumps, Oil slips further below $80/bbl on talk OPEC may lift output-May 25th,2018

May 24, 2018 20:52 pm UTC| Market Roundups

Market Roundp Trump scraps North Korea summit, warns Kim that military ready. US w/e Initial Jobless Claims, 234k, 220k forecast 222k previous. US w/e Continued Jobless Claims, 1.741 mln, 1.754 mln forecast,...

Europe Roundup: Sterling off multi-month lows on better-than-expected retail sales, euro steadies on China support, European shares rebound - Thursday, May 24th, 2018

May 24, 2018 11:20 am UTC| Market Roundups

Market Roundup Germany GDP Detailed QQ SA, 0.3%, 0.3% forecast, 0.3% previous Germany GDP Detailed YY NSA. 1.6%, 1.6% forecast, 1.6% previous Germany GDP Detailed YY SA, 2.3%, 2.3% forecast, 2.3%...

Asia Roundup: Kiwi rallies as trade surplus balance widen, dollar hits over 10-day low against yen on dovish Fed minutes, Asian shares ease on Trump's tariff warning - Thursday, May 24th, 2018

May 24, 2018 06:46 am UTC| Market Roundups

Market Roundup U.S. launches national security probe of vehicle imports Trump calls for new structure for U.S.-China trade deal China hopes to work with Japan, SoKorea to reach FTA agreement ASAP. Chinas...

America's Roundup: Dollar’s gains amid U.S.-China trade concerns, Wall Street ends up, Gold rises, Oil falls on shock U.S. stock builds, OPEC supply worries -May 24th 2018

May 23, 2018 20:47 pm UTC| Market Roundups

Market Roundup Most Fed policymakers say rate hike likely needed soon, minutes show. Marginal if Fed hikes 3 or 4 times this year: Mester. Trump calls for new structure for U.S.-China trade deal. China...

Europe Roundup: Sterling hits 2018 lows on weaker-than-expected UK inflation, Swiss franc, yen at multi-week highs amid geopolitical concerns, European shares trade in red - Wednesday, May 23rd, 2018

May 23, 2018 11:27 am UTC| Market Roundups

Market Roundup EU Markit Manufacturing Flash PMI, 55.5, 56 forecast, 56.2 previous EU Markit Service Flash PMI, 53.9, 54.6 forecast, 54.7 previous EU Markit Composite Flash PMI, 54.1, 55 forecast, 55.1...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Science

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...

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...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

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...

Technology

Bitcoin's Next Bull Run Hinges on Key Trading Pattern Confirmation: Analysts

Cryptocurrency traders are eyeing a potential bullish reversal for Bitcoin, with analysts suggesting that validating an inverse head and shoulders pattern could propel the next leg up for the leading cryptocurrency....

Walmart Spotted with Tesla Semi in California as True Launch Date Revealed

Walmarts adoption of a Tesla Semi hit the California highways, signaling the electric trucks expanding reach. The sighting follows Teslas revelation of a late 2025 and early 2026 launch window for the highly anticipated...

Tesla Cybertruck 'Odyssey' Roars into Europe, Berlin Display Kicks Off Tour

Teslas futuristic Cybertruck made a striking debut at Berlins Mall of Berlin, marking the launch of its European tour. The event, part of the Cyber Odyssey, precedes the electric pickups journey through 24 cities as Tesla...

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...
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