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

Become a contributor

Bookmark Econotimes

Commentary

Tue, Dec 23, 2025 02:10 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Norway CPI and the Norges Financial Stability Report

Nov 08, 2015 23:13 pm UTC| Commentary

In Norway, the Norges Bank kept policy unchanged last week, in line with the market expectations. Governor Olsen noted that the Norges would be re-assessing its forecasts at the December policy meeting after observing...

Sweden inflation data and Riksbank minutes released

Nov 08, 2015 22:59 pm UTC| Commentary Central Banks

The Riksbanks negative rate policy is proving effective in stabilizing medium-term inflation expectations and has recently fuelled an uptick in inflation. CPIF seen averaging around 1.65% y/y in H1 2016, slightly below the...

Positive employment data to support AUD outperformance vs. EUR amid broad USD strength

Nov 08, 2015 22:32 pm UTC| Commentary

The only notable domestic data release is the employment report on Thursday. A rebound is expected in October employment of 20K given forward indicators of hiring remains positive. The unemployment rate is expected to tick...

USDJPY driven by external factors, but also eye on wage data

Nov 08, 2015 22:20 pm UTC| Commentary

Rising Fed hike expectations and a continued improvement in global risk assets are supporting USDJPY as it recovered the highest level since late August. The main drivers of USDJPY will likely remain the external factors,...

Dovish BoE and soft employment report keeping GBP under pressure

Nov 08, 2015 21:58 pm UTC| Commentary Central Banks

Last weeks BoE communication was dovish, highlighting the MPCs anxiety about the external environment, particularly in EM economies and the downside risks it poses to the UKs domestic outlook. The Bank revised its growth...

Improving EA data unlikely to deter ECB from further easing

Nov 08, 2015 21:40 pm UTC| Commentary Central Banks

The EUR underperformed last week as a plethora of US data, including last Fridays employment report and recent Fed speak, increased market expectations for a December Fed rate hike. Furthermore, more policy accommodation...

FOMC to begin the monetary normalization process

Nov 08, 2015 21:29 pm UTC| Commentary Central Banks

The USD is poised to resume its upward trend as markets continue re-pricing further hikes for the Fed for 2016. Although the probability of a December liftoff is very high (90%), Fed Funds implied probability of increasing...

4551 4552 4553 4554 4555 4556 4557 4558 4559 4560

Economy

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector

Mexicos antitrust commission is set to review a proposed tie-up between low-cost airlines Viva Aerobus and Volaris, a move that has drawn positive remarks from President Claudia Sheinbaum and sparked interest across the...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...