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Europe Roundup: Sterling eases on Brexit concerns, euro at 5-month low as Italy worries persist, European shares trade in red - Friday, May 18th, 2018

May 18, 2018 11:03 am UTC| Market Roundups

Market Roundup EUR/USD -0.11%, USD/JPY 0.20%, GBP/USD -0.24%, EUR/GBP 0.11% DXY 0.14%, DAX -0.04%, FTSE -0.17%, Brent 0.39%, Gold -0.25% China denies it has offered a $200 bln package to slash U.S. trade...

Asia Roundup: Antipodeans consolidate, dollar near 5-month peak against yen as U.S. Treasury yields hit 7-year high, Asian shares surge amid U.S.-China trade negotiations - Friday, May 18th, 2018 

May 18, 2018 06:07 am UTC| Market Roundups

Market Roundup China halts U.S. sorghum dumping probe amid signs of trade thaw Trump seeks to placate North Koreas Kim over uncertain summit Japan Apr CPI Core Nationwide YY, 0.7%, fcast 0.8%, last...

America's Roundup: Dollar rises to 4-month high vs yen on higher U.S. Treasury yields, Wall Street falls slightly on trade concerns, Gold flat after hitting 2018 low, Oil retreats from multiyear highs- May 18th, 2018

May 17, 2018 20:17 pm UTC| Market Roundups

Market Roundup US w/e Initial Jobless Claims, 222k, 215k forecast, 211k previous. US w/e Continued Jobless Claims, 1.707 mln, 1.780 mln forecast, 1.790 mln previous. US w/e Jobless Claims 4-Wk Avg, 213.25k,...

Europe Roundup: Sterling consolidates near 4-1/2 month lows amid Brexit negotiations, euro slumps on Italian political risk, European shares rally - Thursday, May 17th, 2018 

May 17, 2018 11:23 am UTC| Market Roundups

Market Roundup EUR/USD -0.03%, USD/JPY 0.24%, GBP/USD 0.05%, EUR/GBP -0.07% DXY 0.02%, DAX 0.36%, FTSE 0.13%, Brent 0.74%, Gold -0.17% Oil hits $80 a barrel on concerns about Iran supply EU leaders...

Asia Roundup: Aussie gains despite mixed employment report, Kiwi rebounds on larger budget surplus estimate, euro near 5-month trough on Italian political uncertainty - Thursday, May 17th, 2018

May 17, 2018 06:29 am UTC| Market Roundups

Market Roundup Japan Mar Machinery Orders MM, -3.9%, fcast -3.0%, last 2.1% Japan Mar Machinery Orders YY, -2.4%, fcast 0.3%, last 2.4% Japan Q1 core orders +3.3% q/q, Q2 eyed at +7.1%, CAPEX recovery...

America's Roundup: Dollar extends rally to five-month high, euro weak, Wall Street gains, Gold rises on short-covering, Oil gains after report shows larger than expected U.S. stock draws-May 17th 2018

May 16, 2018 20:30 pm UTC| Market Roundups

Market Roundup Italys 5-Star, League on verge of govt deal; markets shudder. US Apr Industrial Production MM, 0.7%, 0.6% forecast, 0.5% previous. US Apr Capacity Utilization MM, 78.0%, 78.4% forecast, 78.0%...

Europe Roundup: Sterling slumps on renewed Brexit concerns, dollar index near 5-month peak as U.S. Treasury yields rally, European shares ease - Wednesday, May 16th, 2018

May 16, 2018 11:37 am UTC| Market Roundups

Market Roundup EUR/USD -0.31%, USD/JPY -0.17%, GBP/USD -0.21%, EUR/GBP -0.08% DXY 0.24%, DAX 0.21%, FTSE 0.01%, Brent -0.62%, Gold 0.05% Japans GDP ends best growth run in decades as spending, trade...

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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

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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

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

Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

A TikTok video showed a Tesla Cybertruck powering a Houston gas station after a tornado, while Elon Musk responded to a photo of a Saudi prince with a Cybertruck. Cybertrucks Real-World Test Connecting to a Tesla...

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

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...
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