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Tue, May 07, 2024 04:46 AM All times are UTC

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Asia Roundup: Aussie rallies on RBA's stance, dollar hits 10-week low versus yen, Asian shares slump as European political risks trigger risk-off sentiment - Tuesday, February 7th, 2017

Feb 07, 2017 06:25 am UTC| Market Roundups

Market Roundup Philly Fed Harker March should be considered for next rate hike, economy- dependent, eyes three hikes this year, for no change in Dodd-Frank Reuters. Japan FinMin Aso Reiterates pledge against...

Americas Roundup: Euro falls to one-week low on political risk, Oil falls as U.S. supplies, speculative length counter OPEC cuts-February 7th, 2016

Feb 06, 2017 21:55 pm UTC| Market Roundups

Market Roundup Euro declines amid political uncertainty; dollar dips vs yen as US yields fall. US Jan Employment trends 130 v 129.7 previous (revised from 129.6). ECBs Draghi: ECB wont act on temporary...

Europe Roundup: Sterling hits 1-week low on renewed Brexit concerns, euro slumps ahead of ECB Draghi's speech, European shares advance - Monday, February 6th, 2017

Feb 06, 2017 12:22 pm UTC| Market Roundups

Market Roundup GBP/USD -0.01%, EUR/USD -0.42%, USD/CHF +0.2% DXY +0.1%, DAX +0.06%, Brent -0.2%, Gold +0.2% Germany FinMin Schaeuble: EUR rate too weak for Germany Tagesspiegel Dollar stabilizes after...

Asia Roundup: Aussie slumps following downbeat retail sales figures, Asian shares nudge higher, investors cautious ahead of ECB Draghi's speech - Monday, February 6th, 2017

Feb 06, 2017 06:23 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data - Specs slash net USD longs to lowest since late-October, some MXN shorts covered, JPY net shorts lowest since early December. Wall St stands with two Fed-hike outlook for 17 Reuters...

Americas Roundup: U.S. dollar sees fourth week of losses, bond yields fall, and Oil pushes higher on Iran sanctions-February 4th, 2017

Feb 03, 2017 22:58 pm UTC| Market Roundups

Market Roundup US Jan job growth accelerates 227k v 175k forecast, 157k previous; wages lag 0.1% v 0.3% forecast, 0.2% previous US Jan labor force participation 62.9% v 62.7% previous, U6 underemployment 9.4% v...

Europe Roundup: Sterling falls below 1.2500 on downbeat service PMI, dollar rises versus yen following BoJ's JGB buying, investors eye U.S. non-farm payroll report - Friday, February 3rd, 2017

Feb 03, 2017 12:09 pm UTC| Market Roundups

Market Roundup USD/JPY +0.3%, GBP/USD -0.4%, EUR/USD -0.2% DXY +0.3%, DAX +0.1%, Brent +0.5%, Gold -0.2% Dollar heads for fourth weekly fall ahead of payrolls Sterling sinks for the second day after...

Asia Roundup: Antipodeans ease following worse-than-expected Chinese manufacturing PMI, dollar index recovers from 2-1/2 month lows, Asian shares down as PBoC hikes short-term rates - Friday, February 3rd, 2017

Feb 03, 2017 06:25 am UTC| Market Roundups

Market Roundup BoJ Dec 19-20 Policy Board meeting minutes Momentum towards 2% inflation goal maintained, recent JPY depreciation helpful only in short-run, yield curve control working, policy must remain easy to hit...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

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...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

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...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

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...

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...

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...

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,...

Technology

NVIDIA & AMD Secure TSMC’s CoWoS Supply Through 2025 Amid AI Boom

In a significant move underscoring the fierce competition in the AI sector, AMD and NVIDIA have reportedly locked in all of TSMCs Chip-on-Wafer-on-Substrate (CoWoS) manufacturing capacity for the next two years. This...

USDh Launches as First Bitcoin-Backed Dollar Offering 25% Yield

In a groundbreaking development in Bitcoin-native decentralized finance (DeFi), Hermetica has announced the launch of USDh, the first synthetic dollar backed by Bitcoin with a promising yield of up to 25%. Set to debut in...

Huawei's Mate 70 Series to Run on Kirin 9100 Chip: AnTuTu Scores Equal Snapdragon 8 Gen 1

Rumors swirl around Huaweis upcoming Mate 70 flagship series, hinting at a groundbreaking inclusion: the Kirin 9100 chipset. Initial performance figures suggest the chip matches Qualcomms Snapdragon 8 Gen 1, setting the...

Kraken's Bold Move: Expanding into Germany with DLT Finance Partnership

Cryptocurrency giant Kraken makes waves with its strategic decision to launch operations in Germany, a pivotal move in its broader European expansion plan. Teaming up with DLT Finance, a regulated financial institution,...

Macron's France Targets Fourfold Increase in EV Sales by 2027; Welcomes BYD Factory Plans

France has announced plans to quadruple EV sales by 2027. The agreement, enhancing Frances position against global competitors, aligns with a state visit from China, spotlighting potential collaborations with major...