Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Central Banks

Thu, Apr 02, 2020 12:23 AM All times are UTC Edition :

Follow Series

©Elmin Media . All Rights Reserved.

FxWirePro: Are Low VIX Amid Covid-19 Conducive For Hedging Options?

Mar 31, 2020 11:52 am UTC| Research & Analysis Central Banks

Entire global market is halted owing to the pandemic Covid-19, having total reported death cases exceeds across the globe with US, Italy and Spain surpassed Chinese numbers due to the deadly contagious coronavirus, almost...

FxWirePro: Chinese Currency Looks Stronger Against Euro And Weaker Against Aussie Dollar

Mar 23, 2020 14:57 pm UTC| Research & Analysis Central Banks

The Chinese central bank gave a rare comment on a specific level of USDCNY over the past weekend, which seems to suggest that the Chinese authorities intend to stabilize the market sentiment against the backdrop of a...

FxWirePro: CBR Maintains Status-Quo Monetary Policy – Uphold Delta-Hedged USD/RUB Ratio Call Spread

Mar 20, 2020 15:53 pm UTC| Research & Analysis Central Banks Insights & Views

CBR held a rate meeting today: Russian central bank maintained its benchmark interest rate at 6 percent during its March meeting, saying the rubles depreciation is a momentary pro-inflationary factor that might prompt...

FxWirePro: Spotlight On BoE’s Easing Measures And Sterling’s OTC Outlook & Hedging Strategy

Mar 20, 2020 08:59 am UTC| Research & Analysis Central Banks

In addition to the package of measures announced at last weeks unscheduled policy meeting, the Bank of Englands Monetary Policy Committee has sanctioned further easing measures at an emergency meeting. These...

FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge

Mar 18, 2020 17:33 pm UTC| Research & Analysis Economy Central Banks Insights & Views

Turkeys central bank pulled forward a scheduled MPC meeting by two days and implemented a 100bps emergency rate cut yesterday. The CB reduced the 1-week repo rate from 10.75% to 9.75% and lowered RRR on all FX deposits by...

FxWirePro: USD/KRW Surging On Verge Of Hitting 10Y Highs – Spotlight On Digital ATM Calls

Mar 17, 2020 13:31 pm UTC| Research & Analysis Central Banks

Bank of Korea cut rates by 50 bps to a new record low of 0.75% at an emergency meeting yesterday. The decision was attributed to the deterioration in growth outlook from COVID-19 and the Feds decision to slash rates to...

Central Banking Series

The Fed will have to do a lot more than cut rates to zero to stop Wall Street's coronavirus panic

Mar 17, 2020 01:38 am UTC| Economy Central Banks

The Federal Reserve is 0 for 2 in its fight against Wall Streets coronavirus panic, seeming to confirm perceptions of the central banks impotence. The Feds first attempt to calm thing down a half-point surprise rate...

1 2 3 4 5 6 7 8 9 10

Economy

FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge

FxWirePro: BoC’s Rate Cuts on Cyclical Effects of Covid-19 - USD/CAD Risk-Off Call Ratio Spread

Over the weekend, the Bank of Canada cut its key interest rate by another 50 bp, after it had lowered its key interest rate from 1.75% to 1.25% at its regular meeting. The BoC also said that it was ready to take further...

Coronavirus and Spanish flu: economic lessons to learn from the last truly global pandemic

As news of the global spread of coronavirus disease (COVID-19) emerged, global financial markets reacted pessimistically and behaved in ways not seen since the 2008 financial crisis. But fully understanding the potential...

Cash handout of $750 for 6.5 million pensioners and others receiving government payments

A payment of $750 will be made from the end of this month to about 6.5 million people as part of the governments $17.6 billion stimulus package aimed at keeping Australia out of a recession caused by the impact of the...

Tokyo Olympics: how coronavirus is affecting preparations

The World Health Organizations decision to officially recognise the coronavirus outbreak as a global pandemic means organisers are facing difficult decisions on whether to go ahead with major sporting events. There were...

Politics

Ivanka Trump says she’s exploring things she wouldn’t have prioritized because of the coronavirus

Despite the social distancing and work-from-home routine she has to go through, life goes on for Ivanka Trump. In fact, her self-isolation has freed up some of her time that shes now doing things she normally wouldnt have...

US Navy aircraft carrier captain wants crew members infected with COVID-19 removed from the ship and isolated for two weeks

Even the worlds most sophisticated warship isnt out of reach from the coronavirus pandemic. A commander of a U.S. Navy aircraft is warning senior military officials that decisive action must be done to save the lives of...

US President Donald Trump to introduce new social distancing guidelines

Recently, President Donald Trump announced that the period of social distancing would continue until the end of April to slow the spread of the coronavirus. Now, Trump is expected to announce the new guidelines for the...

Joe Biden explains how he would respond to the coronavirus pandemic in recent town hall

Presidential candidate Joe Biden recently appeared for another interview-slash-town hall on CNN. The former vice president explained how he would approach the pandemic, as well as revealing his routine as of late. In a...

Melania Trump criticized after advising people to go out and have some 'fresh air' amid coronavirus outbreak

First Lady Melania Trump has been making an effort to become more visible in the midst of the coronavirus crisis in the country. As the country continues its social distancing period, Melania gives her own advice that is...

Science

Moon landing: Former Ministry of Defence employee analyzes conspiracy theories about Apollo 11

The United States made history in 1969 for sending the first two people on the moon, but following the historic moment, there are some who are questioning whether this was real or not. A former employee from the UKs...

Man pronounced clinically dead for three minutes describes what death is like

Death is one of lifes biggest mysteries, and it does not seem like there would be an answer any time soon. One man has shared his experience after being clinically dead for three minutes. There are many assumptions on...

NASA: Hubble Space Telescope snaps image of a one-armed galaxy

The cosmos has provided stunning sights in the forms of galaxies and other celestial objects. Recently, NASAs Hubble Space Telescope captured an image of a spectacular one-armed galaxy. The galaxy, formally known as NGC...

Asteroids: Potentially hazardous asteroid already on 'close approach' trajectory

Space agencies all over the world are keeping tabs on one particular asteroid that is bound for Earth by April. Recent reports reveal that the asteroid in question is already on a close approach trajectory. Express...

Dr. Anthony Fauci predicts over 100,000 coronavirus fatalities in US

As the world is currently struggling to contain the pandemic that is the coronavirus, it appears that the situation would only get worse before it could get better. According to Infectious Diseases director Dr. Anthony...

Technology

Nvidia Ampere GeForce RTX 3000 GPUs could be released by August

It looks like gamers will have to wait for a bit before getting their hands on Nvidias all-new Ampere GeForce RTX 3000 GPUs, including the highly anticipated flagship, the GeForce RTX 3080 Ti. Based on recent rumors from...

Sony monitors ‘risk of delays’ in ‘The Last of Us 2’ release date amid COVID-19 pandemic

The world is facing another daunting challenge as the COVID-19 pandemic manifests its effects not sparing the video game industry. Speculations on a possible second delay on the The Last of Us 2 release date has started to...

‘Cyberpunk 2077’ wallpaper teases one of V’s dangerous contract jobs

With many fans currently stuck in their homes for quarantine measures amid a global pandemic, it helps to be distracted for a while with a release of new Cyberpunk 2077 wallpaper. The image is filled with many interesting...

Why ‘Warcraft 3: Reforged’ might not get new expansions, DLC at its current state

It can be said that Warcraft 3: Reforged has been one of the most discussed video games released in 2020 so far, and most of the reasons are quite unflattering. However, the game is still part of one of the most popular...

Nintendo Switch games: ‘Tropico 6,’ ‘Super Mario 64,’ ‘Super Mario Sunshine,’ and ‘Super Mario Galaxy’ arriving to the console this year

With its portability, the Nintendo Switch console is one of the most popular consoles around and has been the best-selling hardware for a couple of years now. It looks like Switch console gamers are in for a treat in the...