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America's Roundup: Dollar eases off 2018 peak after U.S. data, Wall Street rallies, Gold slips, Oil jumps to 3-1/2-year high on global supply fears-May 10th, 2018

May 09, 2018 20:08 pm UTC| Market Roundups

Market Roundup US Apr PPI Final Demand YY, 2.6%, forecast, 3.0% previous. US Apr PPI Final Demand MM, 0.1%, 0.2% forecast, 0.3% previous. US Mar Wholesale Inventories, R MM, 0.3%, 0.5% forecast, 0.5%...

Europe Roundup: Euro slides to new 2018 low, DXY extends rally, Oil highest since 2014 after U.S pulls out of Iran nuclear deal, European shares supported by strength in oil stocks - Wednesday, May 9th, 2018

May 09, 2018 11:48 am UTC| Market Roundups

Market Roundup EUR/USD 0.02%, USD/JPY 0.49%, GBP/USD -0.01%, EUR/GBP 0.03% DXY -0.03%, DAX 0.05%, FTSE 0.57%, Brent 2.47%, Gold -0.52% Oil hits 3-1/2-year high after U.S. quits Iran deal Europeans...

Asia Roundup: Aussie falls noticeably against U.S. dollar, hits fresh 11-month low at $0.7424; Asian markets mixed, gold slips below $1,310 mark - Wednesday, May 09, 2018

May 09, 2018 06:41 am UTC| Market Roundups

Market Roundup As Trump pulls out of Iran deal, Asia grapples with impact on oil supplies. China, Japan and S. Korea highlight unity amid N. Korea moves. Pompeo, in North Korea, to return with detained...

America's Roundup: Dollar hits 2018 highs; U.S. exit from Iran deal caps gain, U.S. stocks close mixed, Gold flat, Oil recoups some losses after U.S. exits Iran deal-May 9th 2018

May 08, 2018 20:42 pm UTC| Market Roundups

Market Roundup Trump pulls U.S. from Iran nuclear deal, to revive sanctions. European allies decry Trump move on Iran; Israel, Saudis praise it. US Mar Consumer Credit, 11.62 bln, 15 bln forecast, 10.60 bln...

Europe Roundup: DXY hits fresh 2018 highs at 93.13, Euro struggles; Oil prices retreat from 3-1/2 year highs, await Trump decision on Iran; European shares slightly firm - Tuesday, May 8th, 2018

May 08, 2018 11:33 am UTC| Market Roundups

Market Roundup EUR/USD -0.33%, USD/JPY -0.15%, GBP/USD -0.26%, EUR/GBP -0.09% DXY 0.31%, DAX -0.45%, FTSE 0.09%, Brent -0.88%, Gold -0.33% Trump to reveal Iran deal decision, Tehran defiant as rial...

Asia Roundup: Aussie depreciates as retail sales data misses expectations, Asian markets marginally up, gold hovers around $1,310 mark - Tuesday, May 08, 2018

May 08, 2018 06:42 am UTC| Market Roundups

Market Roundup China April Trade Balance USD, +28.78 bln, forecast +24.70 bln, last -4.98 bln. China April Exports YY, +12.9%, forecast +6.3%, last -2.7%. China April Imports YY, +21.5%, forecast +16.0%,...

America’s: Dollar hits strongest level of 2018, euro slips, Wall Street rises, Gold slips, Oil surges on Venezuela-Conoco dispute, Iran sanction worries-May 8th, 2018

May 07, 2018 20:55 pm UTC| Market Roundups

Market Roundup Atlanta Feds Bostic says OK with some overshoot on inflation. German industrial orders fall unexpectedly. ECB to make up German bond buys after record-low outlay. Euro zone core inflation...

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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

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

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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