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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6881.32
6881.32
6881.32
6909.11
6849.65
+38.10
+ 0.56%
--
DJI
Dow Jones Industrial Average
49662.65
49662.65
49662.65
49897.31
49469.06
+129.47
+ 0.26%
--
IXIC
NASDAQ Composite Index
22753.62
22753.62
22753.62
22895.95
22597.77
+175.25
+ 0.78%
--
USDX
US Dollar Index
97.590
97.590
97.670
97.620
97.030
+0.620
+ 0.64%
--
EURUSD
Euro / US Dollar
1.17865
1.17865
1.17873
1.18572
1.17819
-0.00664
-0.56%
--
GBPUSD
Pound Sterling / US Dollar
1.35010
1.35010
1.35017
1.35819
1.34947
-0.00650
-0.48%
--
XAUUSD
Gold / US Dollar
4982.33
4982.33
4982.77
5011.04
4853.81
+104.44
+ 2.14%
--
WTI
Light Sweet Crude Oil
65.214
65.214
65.244
65.396
62.037
+3.013
+ 4.84%
--

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Share

Toronto Stock Index .GSPTSE Unofficially Closes Up 493.18 Points, Or 1.50 Percent, At 33389.73

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The Nasdaq Golden Dragon China Index Closed Down 0.1% Initially. Among Popular Chinese Concept Stocks, Pinduoduo Closed Up Over 1%, While Meituan, Yum China, New Oriental, Tencent, BYD, Baidu, And Alibaba All Rose By More Than 0.9%. Li Auto Fell 0.3%, Pony.ai Fell 0.9%, And WeRide Fell 3.8%

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The S&P 500 Closed Up 0.6%, With The Energy Sector Up 2%, Technology And Consumer Discretionary Sectors Up 1%, Real Estate Down 1.4%, And Utilities Down 1.7%. The NASDAQ 100 Closed Up 0.8%, With Its Components Showing Strong Performance: Cadence Electronics Up 7.7%, DoorDash Up 7.3%, Synopsys And Micron Technology Up 5%, Western Digital Up 4.4%, Walmart Down 1.7%, Strategy Down 2.4%, Ceg Down 2.6%, NXP Down 3.1%, And Paratop Networks Down 6.7%. Amazon, Cisco, Goldman Sachs, Salesforce, Disney, And Nvidia Led The Dow Jones Components With Gains Of At Least 1.7%, While Caterpillar, Procter & Gamble, VZ, Boeing, And 3M Fell By Up To 2%

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Japan's USA Treasury Holdings 1.186 Trillion Dlrs In Dec Versus 1.203 Trillion In Nov

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USA Dec Net Private Capital Flow +32.7 Billion Dlrs Versus+159.6 Billion In Nov (Previous +167.2 Billion)

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United Kingdom's USA Treasury Holdings 866 Billion Dlrs In Dec Versus 889 Billion In Nov

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USA Dec Net Long-Term Flow (Including Swaps/Other) +28.0 Billion Dlrs Versus+206.6 Billion In Nov (Previous +220.2 Billion)

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USA Dec Net Official Capital Flow +12.2 Billion Dlrs Versus+44.9 Billion In Nov (Previous +44.9 Billion)

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USA Dec Net Long-Term Flow (Ex-Swaps/Other) +28.0 Billion Dlrs Versus+206.6 Billion In Nov (Previous +220.2 Billion)

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US President Trump: We Can Look After The Atlantic

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Fed Says Last Month's 'Rate Checks' Were At Treasury's Request

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Ukraine President Zelenskiy: We Can Try To Solve Territorial Question At Leaders Level

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On Wednesday (February 18), The Bloomberg Electric Vehicle Price Return Index Rose 0.92% To 3639.09 Points, Continuing Its Upward Trend Since The Start Of Trading In The Asia-Pacific Region. Among Its Components, Aurora Innovation Rose 5.8%, Panasonic Corporation Closed Up 5.38%, STMicroelectronics' Paris Shares Closed Up 3.84%, Umicore's European Shares Closed Up 3.67%, While Mobileye Fell Approximately 1.7%, Ballard Power Systems Fell 2%, And WeRide Fell 4.1%

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Ukraine President Zelenskiy: USA,'Maybe Some Europeans' Discuss New Document Between Russia And NATO

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Argentina's Merval Index Closed Down 3.16% At 2.727 Million Points, Continuing Its Downward Trend After Opening Lower

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[US Treasury Yields Rise By Over 2 Basis Points] On Wednesday (February 18), In Late New York Trading, The Yield On The 10-year US Treasury Note Rose 2.50 Basis Points To A Daily High Of 4.0865%, Continuing Its Upward Trend Throughout The Day. The Yield On The 2-year US Treasury Note Rose 2.91 Basis Points To 3.4616%; The Yield On The 30-year US Treasury Note Rose 2.23 Basis Points To 4.7108%. The Spread Between The 2-year And 10-year US Treasury Yields Remained Roughly Unchanged At +61.883 Basis Points. The Yield On The 10-year Treasury Inflation-Protected Securities (TPS) Rose 0.77 Basis Points To 1.7894%; The Yield On The 2-year TPS Fell 0.61 Basis Points To 0.7566%; And The Yield On The 30-year TPS Rose 0.96 Basis Points To 2.4824%

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Ukraine President Zelenskiy: USA Will Have Leadership In Monitoring Ceasefire, European Representatives Should Also Be Involved

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Ukraine President Zelenskiy: Ukraine, Russia 'Close To' Having Document Establishing How Any Ceasefire Will Be Monitored

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Ukraine President Zelenskiy: Next Meeting Round Of Talks With Russia To Occur In Switzerland

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US President Trump Claims He Will Discuss The Economic Situation In His State Of The Union Address

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Q&A with Experts
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    john flag
    Sinner
    Market Now Going Up
    @Sinnerwhat market exactly to be precise
    Sanjeev Ku flag
    Sanjeev Ku
    4976 hit.risk takers place sl 5017 and hold shorts if 4967 breaks
    john flag
    Sinner
    @Sinnercareful here because FOMC minutes seems not good for gold
    Nawhdir Øt flag
    EuroTrader flag
    Nawhdir Øt
    @Nawhdir ØtLolls it's all good cousin. i think u can see the translation between now than before
    EuroTrader flag
    Nawhdir Øt
    @Nawhdir Øtnice catch on the shorts on Brent oil. let's ride it lower to the downside.
    EuroTrader flag
    Sean Epkis
    @Sean Epkisgold is still very much headed for the downside.those calling longs should check again
    Protrader flag
    gold market move As I predicted,
    Protrader flag
    but on weekly timeframe gold is still bearish also on weekly crt
    Protrader flag
    am I right
    Protrader flag
    EuroTrader flag
    Protrader
    gold market move As I predicted,
    @ProtraderYeahh congrats man. Now is time for us to short gold and ride price lower
    EuroTrader flag
    Protrader
    but on weekly timeframe gold is still bearish also on weekly crt
    @ProtraderWhat time frame did you enter the longs today? Most gold traders made food money from the markets
    Sinner flag
    Protrader flag
    EuroTrader
    @EuroTraderI bought today from 4950 to 5000$ on the H1 time frame.
    EuroTrader flag
    Sinner
    @SinnerHow was the day for you brother. Hope you were able to make some bucks from the markets
    Protrader flag
    EuroTrader
    @EuroTraderYes,but to catch a strong sell on gold,it is necessary for gold to break the 4905 area so that it turns into a sell side
    Ameen Capi flag
    any solid signals?
    Protrader flag
    EuroTrader
    @EuroTraderI took a short-term buy on the H1 timeframe today, but on the weekly timeframe it is still in a long-term sell according to CRT."
    Protrader flag
    Ameen Capi
    any solid signals?
    @Ameen Capiyes ,if the market comes to the 4950 and 4935 zone , then buy brother, it will give a confirmed 150 pipe
    Type here...
    Add Symbol or Code

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          The Nuclear Waste Problem Haunting UK Energy Expansion

          Samantha Luan

          Economic

          Forex

          Political

          Summary:

          One of the biggest hurdles to expanding the global nuclear power sector is the concern over how best to manage nuclear waste.

          ● Effective nuclear waste management is a critical global challenge, particularly for countries like the UK looking to expand their nuclear power sectors.

          ● The UK has a substantial amount of existing radioactive waste and is struggling to implement a long-term disposal solution, with the proposed underground geological disposal facility facing significant hurdles and cost concerns.

          ● Public and local community pushback against potential nuclear waste sites further complicates the development of new disposal facilities, making finding a solution an ongoing and difficult process.

          One of the biggest hurdles to expanding the global nuclear power sector is the concern over how best to manage nuclear waste.While some believe they have found sustainable solutions to dispose of nuclear waste, there is still widespread debate around how safe these methods are and the potential long-term impact of waste disposal and storage.In the United Kingdom, the government has put nuclear power back on the agenda, after decades with no new nuclear developments; however, managing nuclear waste continues to be a major barrier to development.

          Nuclear waste remains radioactive for around 10,000 years, meaning it is vital that governments dispose of all waste effectively to ensure people and the environment are kept safe in the long term.As more governments welcome a new nuclear era, they must address nuclear waste concerns and establish clear guidelines and regulations on disposal to ensure that all nuclear power companies adhere to strong safety standards and practices.

          There are three types of nuclear waste: low-, intermediate-, and high-level radioactive waste.Most of the waste produced at nuclear facilities is lightly contaminated, including items such as tools and work clothing, with a level of around 1 percent radioactivity.Meanwhile, spent fuel is an example of high-level waste, which contributes around 3 percent of the total volume of waste from nuclear energy production.However, this contains around 95 percent of the radioactivity, making adequate waste management of these products extremely important.

          In the U.K., the government continues to battle with how best to dispose of its nuclear waste, as it looks to expand the industry over the coming decades. The U.K. has 700,000 cubic metres of radioactive waste from its previous nuclear power activities, a figure that will grow as more nuclear projects come online. The government is now considering the development of a massive underground nuclear dump, known as a geological deposit facility (GDF), to safely dispose of the waste. While no site has been confirmed for development, it is expected to be developed in one of two potential sites in Cumbria, in the north of England.

          A U.K. Department for Energy Security and Net Zero spokesperson stated, “Constructing the UK’s first geological disposal facility will provide an internationally recognised safe and permanent disposal of the most hazardous radioactive waste.”They added, “Progress continues to be made in areas taking part in the siting process for this multibillion-pound facility, which would bring thousands of skilled jobs and economic growth to the local area.”

          However, the U.K. Treasury believes the government’s plan for the waste dump is “unachievable”, rating the project as “red”, or not possible, in a recent assessment. This means that, “There are major issues with project definition, schedule, budget, quality and/or benefits delivery, which at this stage do not appear to be manageable or resolvable. The project may need rescoping and/or its overall viability reassessed.” In addition, there are concerns over the projected project cost, which is expected to be anywhere up to $73 billion.Richard Outram, the secretary of Nuclear Free Local Authorities, explained, “The Nista red rating is hardly surprising. The GDF process is fraught with uncertainties, and the GDF ‘solution’ remains unproven and costly.”

          At present, the U.K. stores most of its nuclear waste at its Sellafield facility in Cumbria, which is viewed as one of the most complex and hazardous nuclear sites worldwide. However, with the planned decommissioning of several power plants and the development of new nuclear facilities, the government must address its imminent waste issue. This is a long-term problem, with it expected to take until 2150 to dispose of the country’s existing waste into a GDF, if one is developed, before disposing of new waste.

          In June, Lincolnshire County Council withdrew from being a potential site for the GDF after engaging with communities about the proposal. This is a common problem with developing nuclear waste sites, as the pushback in proposed waste regions often prevents development due to a not-in-my-backyard perspective from residents in the area. It is still unclear whether communities in Cumbria will hold a similar opinion. Corhyn Parr, the CEO of Nuclear Waste Services, said, “A GDF requires a suitable site and a willing community and will only be developed when both are in place.”

          Several countries around the globe are battling with how best to dispose of old and new nuclear waste, as a nuclear renaissance is starting to be seen, in line with global aims for a green transition. While nuclear power is now viewed as extremely safe and clean, there are pressing concerns around the adequate disposal of waste, which can be extremely harmful to human health and the environment if improperly managed, that must be rapidly addressed.

          Source: Zero Hedge

          To stay updated on all economic events of today, please check out our Economic calendar
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