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

Become a contributor

Bookmark Econotimes

Central Banks

Fri, Jul 03, 2026 05:20 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: BI outpaces rate cut; IDR drifts in narrow range – Hedge USD/IDR upside risks via 3m NDFs

Sep 25, 2017 10:01 am UTC| Central Banks Research & Analysis Insights & Views

We discuss the reasons behind USDIDR stability but see a modest rise towards year-end 2017. In addition, we believe the INR is sensitive to the more hawkish tones emanating from other major central banks and is exposed to...

FxWirePro: Smart hedging for softer dollar shorts post Fed speeches

Sep 25, 2017 06:50 am UTC| Research & Analysis Insights & Views Central Banks

After being gripped slightly by geopolitically-driven risk aversion last Friday, expect markets to be guided by central bank rhetoric this week despite the plethora of geopolitical/political headlines over the weekend. At...

FxWirePro: Choice between USD/CHF FVAs or Straddles as SNB deputy’s remarks steer Swiss franc money market

Sep 22, 2017 11:08 am UTC| Central Banks Research & Analysis Insights & Views

The USD rebound appears to be stalling despite the upbeat US CPI and the rate expectations have remained largely unchanged. A rate hike in December is still only priced in at only two thirds to give US yields an additional...

FxWirePro: On the dots and damp squibs – The road-map ahead for FOMC

Sep 22, 2017 09:49 am UTC| Central Banks Insights & Views Commentary

Janet Yellen has initiated the final stage of dismantling the post-GFC monetary policy framework before she (perhaps) departs from her role. The symbolism may be more important than the details. The much-anticipated...

FxWirePro: Can dollar strength against G3 counterparts sustain after hawkish FOMC? Seems unlikely

Sep 22, 2017 07:38 am UTC| Research & Analysis Insights & Views Central Banks

The recent USD strength following the Fed meeting did not last very long. Since yesterday morning EURUSD has already been enjoying support again and is trading around 1.1950. However, the rate expectations have remained...

RBNZ unlikely to alter monetary policy stance next week, due to election uncertainty: Westpac Research

Sep 22, 2017 06:54 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected not to alter its monetary policy stance at its meeting next week, owing to election-related uncertainties. The RBNZ has run a very consistent line on monetary policy over...

FxWirePro: Glance through ZAR ahead of SARB rate cut hopes –USD/ZAR option trade via strangle writing on shrinking vols

Sep 21, 2017 13:04 pm UTC| Central Banks Research & Analysis Insights & Views

SARB meets today to make a monetary policy decision: the majority of analysts expect a 25bps cut to the benchmark rate today. The South African Reserve Bank lowered its benchmark repo rate by 25bps to 6.75 percent on July...

391 392 393 394 395 396 397 398 399 400

Economy

Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook

Oil prices edged lower on Friday as improving global crude supplies and expectations of near-term oversupply continued to pressure the market, while traders reduced bearish positions ahead of the U.S. holiday weekend....

Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears

Gold prices stabilized on Friday as weaker-than-expected U.S. nonfarm payrolls data eased concerns over additional Federal Reserve interest rate hikes, helping bullion recover after recently falling to an eight-month low....

China Services PMI Beats Forecasts as Strong Demand Supports June Growth

Chinas services sector expanded at a faster-than-expected pace in June, highlighting the resilience of the countrys economy despite ongoing challenges in domestic consumption. A private business survey released on Friday...

Japan Signals Readiness to Act on Yen as Intervention Speculation Grows

Japans Finance Minister Satsuki Katayama reiterated on Friday that the government is prepared to respond to excessive currency movements whenever necessary, reinforcing market expectations that Japanese authorities remain...

Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence

Moodys believes Perus President-elect Keiko Fujimori is well-positioned to strengthen investor confidence by maintaining economic policy continuity and protecting the countrys key institutions. According to the ratings...

Politics

Air Force Investigates Officer After Capitol Protest Calling for Trump, Vance Impeachment

The U.S. Air Force has launched an investigation into an active-duty officer who publicly called for the impeachment of President Donald Trump and Vice President JD Vance during a protest outside the U.S. Capitol, drawing...

Venezuela Interim President Defends Earthquake Response as Death Toll Climbs

Venezuelas Interim President Delcy Rodriguez on Thursday strongly defended her governments response to the devastating earthquakes that struck the countrys northern coast, rejecting accusations that officials reacted too...

Taiwan Simulates Chinese Blockade and Invasion in Major Civil Defense Drill

Taiwan has stepped up its civil defense and military preparedness with one of its most comprehensive resilience exercises, simulating a Chinese blockade, cyberattacks, disinformation, infrastructure sabotage, a major...

US Appeals Court Limits ICE Detention Without Bond Hearings After 90 Days

A U.S. federal appeals court ruled that Immigration and Customs Enforcement (ICE) cannot detain migrants for more than 90 days without giving them an opportunity to seek release through a bond hearing, dealing a setback to...

Russia’s Deadly Kyiv Missile and Drone Attack Kills 27 as Zelensky Urges Faster Air Defense Support

Russia launched one of its largest air assaults on Ukraines capital, Kyiv, overnight, killing at least 27 people, injuring 91 others, and damaging around 130 buildings in the deadliest attack on the city this year....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round

Hong Kong-listed shares of Kuaishou Technology (HK:1024) climbed more than 6% on Thursday after its spun-off artificial intelligence business, Kling AI, secured an initial $2 billion in venture capital funding to...

Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment

Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has acknowledged that the companys progress in developing artificial intelligence (AI) agents has been slower than expected, despite Metas aggressive investment in AI...

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027

Apple is reportedly preparing one of its most ambitious iPhone product cycles in years, with plans to significantly expand its smartphone lineup through 2027 while increasing production targets for its highly anticipated...