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Asia Roundup: Antipodeans rise on upbeat data, gold set for biggest monthly loss, Asian shares recover - Tuesday, 31st May, 2016

May 31, 2016 06:45 am UTC| Market Roundups

Market Roundup Fed, China fears force investors to check out of Asia Reuters. Japan FinMin Aso Japan hasnt given up on fiscal consolidation, to work to balance budget by 20, sales tax hike delay meant to...

Europe Roundup: Euro off 2-1/2-month low on upbeat Eurozone economic sentiment data, dollar continues to rise on Fed rate hike expectations, European shares hit 1-month highs - Monday, May 30th, 2016

May 30, 2016 12:39 pm UTC| Market Roundups

Market Roundup UK and U.S holidays today USD/JPY +0.65%, EUR/USD +0.24%, GBP/USD -0.05% DXY -0.15%, DAX +0.26%, Brent -0.65%, Iron +0.87% Switzerland May KoF Ind. 102.9 vs 102.6 revised previous, 102.8...

Asia Roundup: Yen slumps hits 1-month low against the dollar, Antipodeans hover near multi-month lows, gold slips below $1200 mark - Monday, May 30th, 2016

May 30, 2016 06:47 am UTC| Market Roundups

Market Roundup Specs turn net long USD for first time in six weeks, JPY net longs down large, EUR net shorts expand. Japan PM Abe seeks fresh stimulus on heels of G7 summit, after Upper House election, Y5-10...

Americas Roundup:Dollar gains, bond prices fall after Yellen remarks,oil slips for 2nd day as $50 level sparks new output fears-May 28th,2016

May 27, 2016 23:08 pm UTC| Market Roundups

Market Roundup US economic growth revised higher in Q1 (Q1 GDP raised to 0.8%); corporate profits rebound. US Q1 PCE/Core PCE prelim prices on target. UMich consumer current conditions index highest since Jan...

Europe Roundup: Gold on track for a fourth straight weekly drop, U.S. stock index futures little changed as investors brace for US GDP data and Yellen's speech - Friday, May 27th, 2016

May 27, 2016 12:17 pm UTC| Market Roundups

Market Roundup UK May GfK Consumer Confidence -1 vs -3 previous, -1 expected Switzerland Q1 Non-Farm Payrolls 4.878 mln vs 4.897 mln previous Sweden Apr Retail Sales +1.7% y/y vs 2.0% prev, 1.9%...

Asia Roundup: Oil retreats from multi-month highs on stronger dollar and supply concerns, Focus on US GDP numbers and Fed Chair Yellen’s speech - Friday, May 27th, 2016

May 27, 2016 10:10 am UTC| Market Roundups

Market Roundup G7 leaders declaration Commits to growth, shuns FX devaluations and disorderly moves - Reuters. Government sources Japan PM Abe set to delay sales tax hike Reuters. Japan PM Abe...

Americas Roundup: Dollar slips after U.S. data dampen Fed rate hike bets, oil dips after hitting $50/bbl as glut worries resurface -May 27th, 2016

May 26, 2016 21:41 pm UTC| Market Roundups

Market Roundup U.S. pending home sales jump to highest level since early 2006 (+5.1% vs 0.6% forecast, 1.6% previous) U.S. durable goods surge on transportation (+3.4% vs forecast +0.5%), but business spending...

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Economy

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...

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...

Politics

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...

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...

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...

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...

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...

Technology

Tesla Granted South Korean Emission Credit Trading Rights by Environmental Ministry

Ministry of Environments green light for Tesla to trade emission credits in South Korea marks a significant milestone, enabling the electric car giant to tap into a potentially lucrative market. With estimated credits...

US Lawmakers Push SEC for Bitcoin Options Trading Approval

In a bipartisan effort, US Representatives Mike Flood and Wiley Nickel have penned a letter to SEC Chair Gary Gensler, urging swift action in approving options trading for Bitcoin exchange-traded products (ETPs). Amid...

Solana's Future Anchored in Four Key Pillars, Developer Outlines Strategy

Vibhu Norby, CEO of Drip Haus, has outlined four essential pillars to define Solanas path forward amid a dynamic period of growth and challenges in the blockchain space. Key Strategies for Solanas Scaling and User...

Shiba Inu Magazine Details Upcoming Shibarium Hard Fork Enhancements

Shiba Inu (SHIB) lovers will get a full description of the highly anticipated Shibarium hard fork in the most recent issue of The Shib magazine. On International Workers Day, the magazine begins with a rallying cry for the...
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