Menu

Search

Currency snapshot (major pairs)

Apr 23, 2018 11:37 am UTC| Commentary

Dollar index trading at 90.71 (+0.39%) Strength meter (today so far) Euro -0.46%, Franc -0.18%, Yen -0.57%, GBP -0.25% Strength meter (since last week) Euro -0.46%, Franc -0.18%, Yen -0.57%, GBP -0.25% EUR/USD...

Fundamental Evaluation Series: USD/CNH vs. 2-year yield spread

Apr 23, 2018 10:56 am UTC| Commentary Central Banks

This chart shows the relation between U.S. - China 2-year yield spread and the Dollar/Chinese yuan exchange rate since 2013. It is visible even with naked eyes that the two has enjoyed a very close relationship. It can...

Global Geopolitical Series: Key updates from across the world

Apr 23, 2018 10:35 am UTC| Commentary

Here are some key events to keep a tab on, Russia-U.S. - Syria: Reports suggest that OPCW inspectors have visited the site of the alleged chemical attack in Syria and have collected the necessary samples. French...

German 10-year bunds hit lowest in over 1-month in succession to U.S. Treasuries, higher-than-expected April manufacturing PMI

Apr 23, 2018 10:25 am UTC| Commentary Economy

The German 10-year bund prices slumped to over 1-month low Monday, succeeding similar trend in the U.S. Treasuries, which is likely to hit the 3.00 psychological mark, in a scenario of improving risk appetite, following a...

USD/MXN unlikely to witness solid momentum in near-term owing to heightened political uncertainty, says Commerzbank

Apr 23, 2018 09:54 am UTC| Commentary Economy

The Mexican peso is not expected to witness any solid momentum over the near-term, owing to heightened political uncertainties within the domestic premises of the economy ahead of the July 1 Presidential elections....

FxWirePro: U.S. 10-year Treasury yield likely to rally up to 3.00 psychological level amid bounce in energy prices

Apr 23, 2018 08:04 am UTC| Commentary Economy Insights & Views

The United States 10-year Treasury yield is expected to rally up to the 3.00 psychological mark, having already reached a 4-year high of 2.79 at the end of closing Friday amid a bounce in energy prices. This is, however,...

Fundamentals to watch out for this week

Apr 23, 2018 08:04 am UTC| Commentary Central Banks

In terms of volatility risks, this week is quite heavy in terms of data and events. What to watch for over the coming days: Central Banks: European Central Bank (ECB) will announce interest rate decision on...

  1301 1302 1303 1304 1305 1306 1307 1308 1309 1310   

Economy

India–US Trade Deal: Digital Tax Removal and $500 Billion Purchase Commitment Signal Major Policy Shift

India has agreed to remove its digital services tax and committed to purchasing more than $500 billion worth of American goods under a recent trade agreement with the United States, according to a White House fact sheet...

Asian Currencies Edge Higher as Dollar Retreats Ahead of Key U.S. Data

Most Asian currencies strengthened on Tuesday, tracking an overnight pullback in the U.S. dollar as its recent rebound lost momentum ahead of a busy week of key American economic data. While regional foreign exchange...

Japan Weighs Using Foreign Exchange Reserve Surplus to Fund Food Tax Cuts

Japans government is considering whether surplus funds from its massive foreign exchange reserves could be used to help finance planned cuts to the food sales tax, according to comments made Tuesday by Japanese Minister of...

Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

Russia has warned that Cubas fuel situation has reached a critical point, blaming intensified U.S. sanctions for deepening the islands economic crisis and pledging continued solidarity with Havana and Caracas. Moscow also...

U.S. Stock Futures Steady as Investors Await Key Jobs and Inflation Data

U.S. stock futures were little changed on Monday evening as investors grew cautious ahead of key economic data releases later this week, following a mostly positive close on Wall Street. Futures tied to the SP 500 slipped...

Politics

Trump Weighs Second U.S. Aircraft Carrier Deployment as Iran Talks Resume

U.S. President Donald Trump said on Tuesday that he is considering sending a second U.S. aircraft carrier to the Middle East, a move that comes as Washington and Tehran prepare to resume diplomatic talks aimed at...

White House Reaffirms Trump’s Support for Commerce Secretary Howard Lutnick Amid Epstein Links

The White House on Tuesday publicly reaffirmed President Donald Trumps support for Commerce Secretary Howard Lutnick following renewed media scrutiny over Lutnicks past connections to convicted sex offender Jeffrey...

Trump Administration Moves to Repeal EPA Climate Endangerment Finding

The administration of U.S. President Donald Trump is reportedly preparing to repeal a key Obama-era scientific determination that has long served as the legal foundation for federal regulation of greenhouse-gas emissions....

U.S. Issues New Shipping Guidance for Strait of Hormuz Amid Rising Iran Tensions

The United States has issued new guidance for commercial vessels navigating the Strait of Hormuz, one of the worlds most critical maritime chokepoints for global oil and gas shipments, as tensions persist between...

Hong Kong Leader Defends 20-Year Sentence for Jimmy Lai

Hong Kong Chief Executive John Lee said on Tuesday that media tycoon and prominent democracy campaigner Jimmy Lai deserved the 20-year prison sentence imposed by a court earlier this week, arguing that the punishment...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...

Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push

The administration of U.S. President Donald Trump is reportedly planning to exempt major technology companies such as Amazon, Google, and Microsoft from upcoming tariffs on semiconductor chips, a move aimed at supporting...

Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion

Alphabet is preparing to issue a rare 100-year sterling bond as part of a broader multi-currency debt offering, marking a notable move to expand its long-term borrowing strategy to support growing investments in artificial...

Amazon Explores AI Content Marketplace With Media Publishers

Amazon (NASDAQ: AMZN) is reportedly in discussions with media publishers about launching a new artificial intelligence content marketplace designed to connect news organizations and digital content creators with companies...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.