Menu

Search

FxWirePro: Asian markets drastically down, gold flat at $1,282 mark

May 09, 2019 05:14 am UTC| Commentary

All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,282 mark while silver was trading around $14.81 mark. Japans Nikkei was trading 0.99 pct lower at 21,390.49...

Australian bond yields suffer amid U.S.-China trade worries; eyes on RBA’s May SoMP

May 09, 2019 04:54 am UTC| Commentary Economy

Australian government bond yields plunged during Asian trading session Thursday amid tensions gruelling over trade tariffs between the United States and China. Investors shall now also be focussing on the Reserve Bank of...

Canadian housing starts rise sharply in April

May 08, 2019 17:30 pm UTC| Commentary

Canadian housing starts surged in April, surpassing market expectations. Housing starts rose 23 percent sequentially to 235.5k units in April from an unrevised 192.5k units in March. On a six month moving average basis,...

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

May 08, 2019 15:31 pm UTC| Commentary

The chart above shows, how the relationship between AUD/USD and 2-year yield divergence has unfolded since 2012. The chart above makes a clear case of closeness between the rate spread and the exchange rate. The spread...

Fundamental Evaluation Series: USD/CHF vs. 2-year yield divergence

May 08, 2019 14:54 pm UTC| Commentary

During our evaluation period beginning 2012, the yield spread between the US 2-year bond and a Swiss equivalent has widened by more than 200 basis points but the exchange rate hasnt followed through as much as it should...

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

May 08, 2019 14:44 pm UTC| Commentary

The above chart shows the relation between the 2-year bond spread (U.S. - Japan) and USD/JPY exchange rate. Brief background (2012-2016): This one pair has been at odds with yield divergence throughout early 2016 as...

U.S. industrial sector’s growth falls in April, basic materials sector sees renewed rise in output

May 08, 2019 14:36 pm UTC| Commentary

U.S. April Sector PMI data hinted at a deceleration in the nations industrial output growth. The industrials sector, which indicates construction material and machinery equipment manufacturers, and commercial and...

  411 412 413 414 415 416 417 418 419 420   

Economy

Viksit Bharat 2026: Fiscal Muscle, Factory Revival, and the War on Speculation

Finance Minister Nirmala Sitharamans Union Budget 202627 pursues the Viksit Bharat vision vigorously by combining severe fiscal discipline with a huge growth push. Driven by a 7% GDP growth objective and a lowered fiscal...

EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects

Across Spains olive groves and vineyards, sensors and drones funded by the European Unions massive post-pandemic recovery plan are collecting soil data to power AI-driven farming. These projects reflect the core ambition...

Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors

Asian share markets opened the week on a cautious note, largely tracking weaker Wall Street futures, as extreme volatility in silver prices and a packed global economic calendar unsettled investors. The sharp moves in...

India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations

Indias latest Union Budget placed manufacturing firmly at the center of its economic strategy, prioritizing key sectors such as semiconductors, biopharma, electronics, renewables, and capital goods. While the government...

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

British Prime Minister Keir Starmers recent visit to China underscores the complex balancing act Western middle powers are attempting as rivalry between Beijing and Washington intensifies. While the trip allowed China to...

Politics

Trump Says U.S.–Iran Talks Continue as Military Tensions Remain High

U.S. President Donald Trump said on Monday that diplomatic talks between the United States and Iran are ongoing, even as military tensions between the two countries remain elevated. Speaking to reporters at the White...

Russia Warns Foreign Troop Deployment in Ukraine Would Be Treated as Legitimate Military Targets

Russia has issued a strong warning that any deployment of foreign military forces or infrastructure in Ukraine would be considered direct foreign intervention and treated as legitimate military targets. The statement was...

Medvedev Warns World Is Growing More Dangerous but Says Russia Seeks to Avoid Global Conflict

Dmitry Medvedev, Russias deputy chairman of the Security Council and a senior Kremlin security official, has warned that the global situation is becoming increasingly dangerous, while stressing that Russia does not want a...

Laura Fernandez Set to Become Costa Rica’s Next President, Promising Sweeping Political Change

Laura Fernandez is poised to become Costa Ricas next president, marking a significant political shift as she pledges to continue and deepen the populist agenda of outgoing President Rodrigo Chaves. Her victory signals a...

Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links

Former British government minister Peter Mandelson has resigned from Prime Minister Keir Starmers Labour Party following renewed media scrutiny over his past connections to disgraced U.S. financier Jeffrey Epstein. The...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Oracle has announced plans to raise between $45 billion and $50 billion in 2026 as it accelerates the expansion of its cloud infrastructure to meet surging demand from major technology and artificial intelligence clients....

SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers

Elon Musks SpaceX is seeking approval from the U.S. Federal Communications Commission (FCC) for an ambitious plan to launch up to 1 million satellites into Earths orbit, aiming to harness solar energy in space to power AI...

Nvidia Confirms Major OpenAI Investment Amid AI Funding Race

Nvidia CEO Jensen Huang has confirmed that the chipmaking giant plans to make a massive investment in OpenAI, calling it likely the largest investment Nvidia has ever made. Speaking to reporters in Taipei, Huang dismissed...

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...
  • Market Data
Close

Welcome to EconoTimes

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