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Fri, May 03, 2024 03:58 PM All times are UTC

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Europe Roundup: Oil, stocks gain, dollar eases as investors prefer less volatile trading - Wednesday, February 17th, 2016

Feb 17, 2016 12:09 pm UTC| Market Roundups

Market Roundup GBP/USD drops to 1.4244 and then back to 1.4339. USD/JPY plays 113.37 to 114.40 towards the high into NY. Swiss Feb ZEW Investor sentiment -5.9 vs -3.0 previous. UK Jan ILO Jobless rate 5.1% vs...

Asia Roundup: Yen edges higher on ebbing risk sentiment; Markets await minutes of Fed meeting - Wednesday, February 17th, 2016

Feb 17, 2016 06:46 am UTC| Market Roundups

Market Roundup Australia Jan Westpac/MI leading index 97.13, -1.24% from trend, Dec 97.17. Dairy prices fall 2.8%, volumes drop at latest NZ Fonterra auction. Japan Dec core machinery orders +4.2% m/m, -3.6% y/y,...

Americas Roundup: Dollar rises against most majors as US stocks open higher, sterling losses deepen, hits 2-week low-February 17th, 2016

Feb 16, 2016 23:14 pm UTC| Market Roundups

Market Roundup NY Feds Empire State Idx -16.64vs forecast -10, employment prices paid rise, Mfg remains weak. Canadas factory sales rise more than expected in December, helped by weak CAD. NZs Fonterra: Dairy...

Europe Roundup: European shares drop as oil prices trim gains on output freeze, Sterling struggles on CPI data - Tuesday, February 16th, 2016

Feb 16, 2016 12:20 pm UTC| Market Roundups

Market Roundup Oil powers fly to Doha for private pow-wow as $30 crude woes mount. Qatar min -We agree to freeze output at Jan levels. Doha-Freeze decision made by Qatar, Saudi, Russia and Venezuela. EUR/USD...

Asia Roundup: Dollar extends gains against yen; Aussie hits 11-day high, tracks gains in crude - Tuesday, February 16th, 2016

Feb 16, 2016 06:42 am UTC| Market Roundups

Market Roundup China Jan money supply M2 +14.0% y/y, new CNY loans 2.51 trln, +15.3%, +13.4%, CNY1.8 trln and +14.4% forecast, total social financing trln. Australia plans new interbank rate-setting scheme by year-end...

Europe Roundup: Europe and Asian Stocks rise on higher Yuan, Yen retreats from 15-month peak, Sterling recovers - Monday, February 15th, 2016

Feb 15, 2016 12:03 pm UTC| Market Roundups

Market Roundup China PBOC Gov Xiaochuan plays down FX fears, no basis for continuing renminbi falls - Caixin. PBOC sets yuan/USD midpoint sharply higher at 6.5118, last close 6.5755. China Jan trade surplus...

Asia Roundup: Yen retreats from 15-month peak against dollar, Antipodeans and Asian shares rise despite downbeat Chinese data - Monday, February 15th, 2016

Feb 15, 2016 06:47 am UTC| Market Roundups

Market Roundup Specs slash net USD longs to lowest in 1 ½ years, EUR net shorts lowest since third week of October to 63.3k contracts, JPY net longs up to 43.2k - CFTC. Japan PM Abe - Excessive FX volatility...

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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

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

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

Shiba Inu Dead Cat Bounce: Price Rebound or Bearish Omen?

Investors in the cryptocurrency world are eyeing Shiba Inu (SHIB) with cautious optimism as the meme coin shows signs of a potential dead cat bounce, a dubious reversal often seen in volatile markets. With SHIB struggling...

PEPE Price Surges 7% Amid 4 Trillion Pepe Coin Accumulation by Whale

A monumental 4 trillion Pepe coin accumulation by a crypto whale on May 3 has sparked a significant 7% surge in PEPEs price. This surge, observed amid bullish market sentiments, follows a week of price consolidation,...

Hyundai Motor Scales Up Hydrogen EV Truck Business in the US

Hyundai Motor Company is expanding its hydrogen EV truck operations in the United States to take the lead in this line of business in the region. As part of the initiative, South Korean vehicle manufacturers are offering...

Kakao Enhances AI Focus, Merges Kakao Brain Into Core Operations

South Koreas Kakao Corporation finally decided to absorb Kakao Brains AI unit. The tech and internet giant is taking over its AI research and development (RD) business, which will include all of the departments staff and...

Shiba Inu (SHIB) Team Insider Unravels Key Burn Mystery: Exclusive Details

In a revealing discussion, Lucie, a member of the Shiba Inu team, sheds light on the enigmatic key burns orchestrated by the projects founder, Ryoshi. Lucies insights, shared in response to community inquiries, clarify...