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Wed, May 01, 2024 09:08 AM All times are UTC

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Europe Roundup: Sterling hits 3- week lows on worse-than-expected construction PMI, euro gains on upbeat PPI figures, European shares near 3-month peaks - Tuesday, October 3rd, 2017

Oct 03, 2017 11:19 am UTC| Market Roundups

Market Roundup EUR/USD 0.12%, USD/JPY 0.20%, GBP/USD -0.17%, EUR/GBP 0.29% DXY 0.06%, DAX 0.0%, FTSE 0.12%, Brent -0.30%, Gold 0.03 UK Sep Markit/CIPS Cons PMI 48.1 vs 51.1, forecast 51 EZ Aug Producer...

Asia Roundup: Aussie slumps as RBA stands pat, dollar index hits 1-1/2 month high on rising Fed rate hike bets, Asian shares rally - Tuesday, October 3rd, 2017

Oct 03, 2017 07:29 am UTC| Market Roundups

Market Roundup Catalan leader calls for international mediation in Madrid stand-off Australias central bank holds rates at record lows, signals patience on policy Australias Aug Building approval, 0.4% vs...

Americas Roundup: Dollar gains on strong manufacturing data, Gold slips to 7-week low, Stocks on Wall Street hit fresh record highs, Oil falls more than 2 pct on signs of higher output-October 3rd 2017

Oct 02, 2017 20:05 pm UTC| Market Roundups

Market Roundup US ISM Manufacturing PMI Sep, 60.8, 58.0 forecast, 58.8 previous. US ISM Manufacturing Prices Paid Sep, 71.5, 64.0 forecast, 62.0 previous. US Markit Manufacturing PMI Final Sep, 53.1, 53.0...

Europe Roundup: Sterling near 3-week lows on downbeat manufacturing PMI, dollar index surges on rising U.S. Treasury yields, European shares advance – Monday, October 2nd, 2017

Oct 02, 2017 11:23 am UTC| Market Roundups

Market Roundup EUR/USD -0.65%, USD/JPY 0.29%, GBP/USD -0.7%, EUR/GBP 0.03% DXY 0.57%, DAX 0.32%, FTSE 0.5%, Brent -1.32%, Gold -0.43% EZ Markit Mfg Final PMI Sept 58.1 vs 58.2, 58.2 forecast EZ...

Asia Roundup: Antipodeans ease, dollar gains against euro as investors remain cautious on Catalan vote aftermath, Asian shares advance amid holiday-thinned trading - Monday, October 2nd, 2017

Oct 02, 2017 05:17 am UTC| Market Roundups

Market Roundup Japan Sept mfg PMI final 52.9, flash 52.6, Aug final 52.2, sectoral growth up BoJ seen trimming inflation outlook in October meeting - Nikkei BoJ September Tankan Big mfg DI +22, big...

Market Roundup: Dollar flat in choppy trading after mixed U.S. data, Wall Street closes with fresh records, Gold dips, Oil gains on optimism over demand outlook, supply cuts-September 30th,2017

Sep 29, 2017 20:23 pm UTC| Market Roundups

Market Roundup US Core PCE Price Index MM Aug, 0.1%, 0.2% forecast, 0.1% previous. US Personal Consumption Expenditure Aug, -0.1%, 0.2% previous. US Personal Income MM Aug, 0.2%, 0.2% forecast, 0.4%...

Europe Roundup: Sterling declines on downbeat GDP, dollar gains on Trump's tax reform optimism, investors eye BoE Carney's speech - Friday, September 29th, 2017

Sep 29, 2017 11:18 am UTC| Market Roundups

Market Roundup EUR/USD 0.12%, USD/JPY 0.12%, GBP/USD -0.62%, EUR/GBP 0.75% DXY -0.07%, DAX 0.28%, FTSE 0.64%, Brent 0.14%, Gold 0.05% Great Britain GDP YY Q2 1.5% vs 1.7%, 1.7% forecast Great Britain...

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Economy

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...

The Mattei Plan: why Giorgia Meloni is looking to Africa

Since coming to power, Giorgia Melonis government has been remarkably orthodox in its foreign policy. Unwavering support for Ukraine, loyalty to the Atlantic Alliance and full participation in the European Union - these...

Politics

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...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

The 50th anniversary of Portugal’s Carnation Revolution

Across Portugal, a number of photography exhibitions are currently on display that commemorate the ousting of the Estado Novo, the dictatorial, authoritarian and corporatist political regime that had ruled the country...

Science

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...

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...

Technology

BYD Profits Drop 47%, Tesla Launches Cybertruck Off-Road Guide Amid EV Price War

Amid a fierce EV price war in China, BYDs profits plummeted by 47% in the first quarter of 2024. This contrasts sharply with Teslas proactive approach, which includes releasing a detailed off-road guide for Cybertruck...

US Court Sets May Hearing for Terraform Labs, Do Kwon Remedies

On May 22, the U.S. District Court for the Southern District of New York is set to consider proposed financial remedies from Terraform Labs and its co-founder, Do Kwon, following a fraud verdict. The court will hear...

Bitcoin Traders Unfazed by 20% Drop: 'Pretty Ordinary Stuff'

As Bitcoin endures its fourth 20% correction in 12 months, dropping to $59,730, market veterans see it as nothing unusual. Leaders in the crypto industry, like Raoul Pal and Thomas Fahrer, reassure that such fluctuations...

Elon Musk Fires EV Supercharger Staff, Explains Reason for the Team’s Disbandment

Elon Musk disbanded Teslas EV Supercharger team amid company-wide layoffs affecting employees worldwide. The 52-year-old Tesla chief also terminated senior executives. The CEO demolished part of the unit responsible for...

Tesla Expands Semi Trials to Sysco After PepsiCo Success

Teslas Semi has once again exceeded expectations with food distribution giant Sysco, marking a significant step beyond its initial partnership with PepsiCo. Photographed in California, the Tesla Semis trial demonstrates...