Economy12 hours ago (Feb 16, 2020 11:11PM ET) By Yawen Chen and Se Young Lee BEIJING (Reuters) – New home prices in China grew at their weakest pace in nearly two years in January as the economy slowed and a fast-spreading coronavirus outbreak brought the country’s property market to a […]
Thai fourth-quarter GDP expands 1.6% year-on-year, slowest pace in five years
Economic Indicators57 minutes ago (Feb 16, 2020 10:06PM ET) BANGKOK (Reuters) – Thailand’s trade-dependent economy grew at its slowest pace in five years in the fourth quarter of 2019, and less than expected, as exports declined and public spending slumped. Southeast Asia’s second-largest economy expanded 1.6% in the October-December quarter […]
Japan manufacturers remain pessimistic as coronavirus fears grow
Economic Indicators2 hours ago (Feb 16, 2020 09:03PM ET) (C) Reuters. An industrial port is pictured in Tokyo By Tetsushi Kajimoto TOKYO (Reuters) – Worries about the spread of the coronavirus and its hit to the global economy kept Japanese manufacturers’ mood gloomy in February, a Reuters poll found, even […]
Japan’s recession risks grow as economy skids in fourth quarter, virus clouds outlook
(C) Reuters. Newly manufactured cars of the automobile maker Subaru await export in a port in Yokohama By Leika Kihara and Daniel Leussink TOKYO (Reuters) – Japan’s economy shrank at the fastest pace in almost six years in the December quarter as last year’s sales tax hike hit consumer and […]
UK property asking prices rise again, close to new high: Rightmove
Economic Indicators3 hours ago (Feb 16, 2020 07:21PM ET) LONDON (Reuters) – Asking prices for British houses put on sale have extended a rise which began after Prime Minister Boris Johnson’s election victory in December, property website Rightmove said on Monday. Rightmove said average asking prices of property marketed between […]
Airbnb Has Devoured London. Here’s the Data to Prove It
The number of Airbnb listings in London has quadrupled in the last four years as more and more of the city’s housing stock has been gobbled up by short-term rental companies. As of May 2019, 80,770 properties in London were listed on Airbnb, with a staggering 23 percent, or 11,200, […]
Psychedelic Fiber Offers a New Twist on the Science of Knots
One sunny day last summer, Mathias Kolle, a professor at the Massachusetts Institute of Technology, took a couple of eminent colleagues out sailing. They talked about their research. They had some drinks. Then Kolle noticed something was off: A rowboat tied to his boat had come loose and was drifting […]
Natural Gas Week Ahead: Positive Momentum Kicks In Near Uncharted Lows
Natural gas futures on the Nymex had another volatile week closing on Friday 0.25% higher than a week ago at $1.85. EIA confirmed on Thursday a withdrawal of 115 Bcf which is considered low for a week ending February 13. Working underground stocks were 19% higher Y/Y at the end […]
Silver: Bullish Tone But Not Low Risk
Silver has shown some relative weakness towards gold within the precious metal sector in recent days. Looking at the weekly chart we can see that the distribution zone near US$18.60 has successfully rejected silver prices a second time within the last six months. Silver is trading right in the center […]
Crude Oil Feb. 17 Preview
Was the recent breakdown in crude oil a bear trap? Original Post Crude Oil Feb. 17 Preview Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The blog material does not constitute investment or trading advice. The blog material has no regard to the specific […]