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

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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...

Americas Roundup: Dollar index recovers from lowest since mid-November, Gold climbs after Fed gives no clear signal on rates-February 3rd, 2017

Feb 02, 2017 22:19 pm UTC| Market Roundups

Market Roundup GBP, gilt yields skid after BoE disappoints rate hike bets. BoE sharply raises 2017 GDP forecast to +2.0%; Some MPC members a little closer to inflation overshoot limit. BOEs Carney: Can see...

Europe Roundup: Stocks, bonds markets cautious on Fed's mildly upbeat view, dollar slips to 12-week low, oil and gold inch higher- Thursday, February 2nd, 2017

Feb 02, 2017 12:50 pm UTC| Market Roundups

Market Roundup USD/JPY -0.8%, GBP/USD -0.1%, EUR/USD +0.4% DXY -0.3%, DAX -0.2%, Brent +0.8%, Gold +1.0% Dollar index slips to lowest since mid-November at 99.233 GBP/USD helped off 7wk peak above...

Asia Roundup: Aussie gains on robust trade balance data, most Asian markets in red after FOMC disappointed investors hoping for a more hawkish policy stance - Thursday, February 02, 2017

Feb 02, 2017 06:52 am UTC| Market Roundups

Market Roundup Australia December trade surplus A$3.511 bln, A$2.2 bln eyed, exports +5% m/m at A$31.114 bln, imports +1% at A$28.630 bln, record surplus in December. Australia December building approvals -1.2%...

Americas Roundup: Dollar trims gains after Fed statement notes low inflation signs, Oil rallies to settle up $1 a barrel-February 2nd, 2017

Feb 01, 2017 22:30 pm UTC| Market Roundups

Market Roundup Fed: holds interest rates steady, remains upbeat on economy; job gains still solid, inflation rising. Fed: repeats will reinvest principal pmts until rate normalization well under way, near-term...

Europe Roundup: Sterling rises on upbeat manufacturing PMI, dollar index near 7-week low, investors’ eye FOMC policy outcome - Wednesday, February 1st, 2017

Feb 01, 2017 12:14 pm UTC| Market Roundups

Market Roundup USD/JPY +0.5%, GBP/USD +0.4%, EUR/USD +0.1% DXY +0.1%, DAX +0.9%, Brent +0.25%, Gold -0.01% DXY +0.1% but holds below 100.00, close to Tuesday 99.430 low Oil edges further above $55 on...

Asia Roundup: Kiwi slumps following downbeat unemployment report, dollar steadies after declining on Trump devaluation comments, Asian shares subdued - Wednesday, February 1st, 2017

Feb 01, 2017 06:26 am UTC| Market Roundups

Market Roundup Japan MoF Asakawa Markets decide FX, Japan not manipulating, dont know what Trump was referring to on FX policy, declines comment, Japan monetary policy solely aimed at beating deflation -...

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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

Amazon Opens Online Shopping for South African Customers

Amazon has finally arrived in South Africa. With its launch in the region, Jeff Bezos e-commerce platform is expected to compete with the leading local online shopping player, Takealot.com. The American e-commerce giant...

Apple Embarks on AI Chip Development for Data Center Capabilities

Apple Inc. is set to transform the tech landscape with its newly developed AI chip, tailored specifically for data center operations. Dubbed Project ACDC, this initiative marks a significant leap in server technology,...

Kia Drops Images of Its New All-Electric EV3 Model Ahead of Release

Kia Motors announced that its latest electric car model called the EV3, is finally coming to the market this month. Ahead of the release, the South Korean automaker dropped images of the anticipated new EV to tease...

Switch Successor Announcement Expected Before Next April, Nintendo States

Nintendo has stated that it will officially introduce the Switch replacement system within this fiscal year before March 31, 2025. Upcoming Nintendo Direct Focuses on Current Switch Games Nintendo president Shuntaro...

Marathon Digital Soars 18% on News of S&P SmallCap 600 Inclusion

Marathon Digital, a leading Bitcoin miner, is set to join the SP SmallCap 600, propelling its shares up by 18%. Announced to replace Aaon in the index on May 8, the move reflects Marathons growing influence in the...