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

Become a contributor

Bookmark Econotimes

Sat, Apr 20, 2019 12:42 AM All times are UTC Edition :

Follow Series

©Elmin Media . All Rights Reserved.

Costas Milas

Professor of Finance, University of Liverpool

Professor Costas Milas works on issues related to sovereign credit rating decisions. He also works on Monetary Policy issues (such as interest rate setting behaviour) related to the UK, US and Eurozone economies, respectively. He is also researching on debt policies pursued by the Eurozone peripheral economies (Greece, Italy, Ireland, Spain and Portugal).

He holds an MSc (Economics and Finance) and a PhD (Economics) degree from Warwick University. He also holds a BSc (Statistics) from the Athens University of Economics and Business. Before joining Liverpool in 2011, he worked for the Universities of Warwick, Sheffield, Brunel, City and Keele.

Brexit uncertainty has hurt UK economy – extending Article 50 could hurt it even more

Mar 01, 2019 14:09 pm UTC| Insights & Views Politics Economy

Three years on from its vote on EU membership and the UK still has little idea what its future relationship with the EU might turn out to be. Under pressure from europhile members of her cabinet, Theresa May has finally...

What moves markets more, Twitter or traditional news?

Dec 16, 2018 13:35 pm UTC| Insights & Views Technology Economy

Can a single tweet make a countrys currency depreciate by 16%? Apparently it did on August 10, when Donald Trump tweeted that US tariffs on Turkish steel and aluminium would rise sharply. Amid 36,100 retweets, and calls by...

Economy

JGBs close higher ahead of March national consumer price inflation data

The Japanese government bonds closed higher Thursday as investors wait to watch the countrys national consumer price inflation (CPI) data for the month of March, scheduled to be released today by 23:30GMT. The yield on...

Chinese GDP to further witness solid outcome in Q2 2019, support global growth picture: DBS Group Research

Chinas gross domestic product (GDP) is expected to further witness a solid outcome in the second quarter of this year, which should offer further crucial support to the global growth picture, according to the latest report...

NZ Q1 CPI rises 0.1 pct q/q, below 0.2 pct q/q rise incorporated in the RBNZ’s February MPS

New Zealands CPI increased 0.1 percent q/q in Q1 2019, below the 0.2 percent q/q rise incorporated in the RBNZs February MPS, and below ANZ and market expectations. Annual inflation dipped to 1.5 percent y/y, from 1.9...

USD/KRW likely to stay firm amid continued dividend payout BoK’s potential dovish stance, says Scotiabank

The USD/KRW currency pair is expected to stay firm and rally through 1,140 the rest of this week amid continued dividend payout and a potential dovish stance of the Bank of Korea (BoK), according to the latest research...

Australian bonds plunge tracking U.S. Treasuries on rise in risk appetite ahead of March employment report

Australian government bonds plunged during Asian session Wednesday tracking a similar movement in the United States Treasuries as investors risk appetite improved following solid earnings report in the U.S. Investors...

Politics

Vladimir Putin Salary: Over 50 Percent Decline Seen in Russian President’s Pay From 2017 to 2018

Vladimir Putin, as the president of Russia, is regarded as one of the most influential leaders of the world. With that comes the scrutinizing of eyes of critics and his citizens on whatever money he has on the bank. And...

Melania Trump’s Spokeswoman Calls Vogue’s Editor-In-Chief Anna Wintour ‘Small-Minded’ After Stating FLOTUS Will Never Be on Mag’s Cover

Melania Trump was snubbed and rejected by Vogues editor-in-chief Anna Wintour when the latter vowed that the FLOTUS will never find herself on the cover of their famed magazine again. The First Lady responded to such...

Donald Trump Reveals He Spoke With Pope Francis, Emmanuel Macron to Offer Sympathy and Help on Notre Dame Cathedral’s Restoration

Donald Trump revealed on Wednesday that he was able to speak to Pope Francis and French President Emmanuel Macron and expressed his condolences for the Notre Dame Cathedral fire. The President of the United States said...

Vladimir Putin to Meet North Korea’s Leader Kim Jong Un for Their First Summit in Russia; Nuclear Talks Expected

Vladimir Putin, Russias president, is preparing to welcome North Koreas leader Kim Jong Un for their first summit that will be held in Moscow. The meeting comes after the latters failed nuclear talks with Donald Trump...

Melania Trump Not Interested in ‘Superficial’ Vogue Cover

United States First Lady Melania Trump has responded to the alleged non-invite from Vogue editor-in-chief Anna Wintour. FLOTUS claimed she has better things to do than be in a superficial magazine cover. Mrs. Trumps...

Science

Cancer Cure: Latest Development in Improving Treatment for Pancreatic Cancer Reported

The World Health Organization lists cancer as the second most deadly diseases worldwide. In 2018 alone, around 9.6 million people reportedly passed away due to cancer-related causes. One of the possible reasons why the...

HIV/AIDS Cure: FDA Approves New Two-Drug Regimen for Patients With No Treatment History

Infections from the human immunodeficiency virus (HIV) and the acquired immunodeficiency syndrome (AIDS) it subsequently causes remain some of the most harrowing epidemics around the world. This is mainly because...

HIV/AIDS Cure 2019: Researchers Eye Clinical Trials for ‘All-in-One’ Treatment That Can 'Kick and Kill' Virus

There is still a very long way to go before the world actually sees an ultimate cure for HIV. But significant developments are being reported almost every day. One of the most recent good news came from the researchers of...

Cancer Cure 2019: Less Popular Treatment - Thermal Ablation - to be Improved by Israeli Company for Precise 'Burning' of Tumors

A biotech company from Israel is currently working on improving a lesser popular cancer treatment while many other scientists and researchers work on a potential cure for the disease. People might now have heard much about...

HIV/AIDS Cure: End to the Epidemic Imminent as Three Patients Become HIV-Free?

The past month has been a groundbreaking period in the hopes of ending the worldwide epidemic of human immunodeficiency virus (HIV) infection that later develops to acquired immunodeficiency syndrome (AIDS). Scientists...

Technology

‘NBA 2K20’ Release Date, Gameplay, Features: Offline ‘My Career’ Option Still on Top of Fans Wishlist

Gaming and basketball fans are still months away from getting their hands on the NBA 2K20. But despite the lack of official updates and teasers at this point, most fans already know what they want on the upcoming title ...

Torrent 2019: Why Canadians Should Be Wary of Illegally Downloading ‘Game of Thrones’

A few of weeks ago, reports came in that the season premiere of the Game of Thrones eighth installment will bring in massive numbers for HBO, both legally and illegally. For the former, the premiere accumulated 17.4...

iPhone X Mini 2019: Why Apple Axed the Smartphone’s Development

It has been over a year since rumors broke out that Apple is planning on creating the iPhone X Mini, a smartphone touted to herald the companys plan to enter the midrange market. The whispers began when reputable leaker...

MacBook Pro 2019 Release Date, Latest News, Update: What the Rumors are Saying About the Upcoming Device

The current MacBook Pro is barely three years old but it seems its successor is already going to come out this year. Theres not much information about the upcoming MacBook Pro 2019 aside from its display size, which is...

‘Cyberpunk 2077’ Release Date, Latest News, Update: Developers Adding Further Immersive Elements in the Form of Futuristic Ads

The hype that Cyberpunk 2077 is seeing is the envy of all video game developers. One of the major reasons for this excitement is CD Projekt Red themselves since theyve established a reputation as a studio obsessed with...

Digital Currency

Crypto Technicals: Tezos retraces slightly from 6-month highs at 1.4306, shows signs of exhaustion above 61.8% Fib

Crypto Technicals: ETH/USD edges higher from session lows at 170.01, holds above 5-DMA

Crypto Technicals: BTG/USD edges lower from weekly highs at 18.88, bias higher

Law

New York gets serious about traffic with the first citywide US congestion pricing plan

DOJ efforts to kill Obamacare, the cat with 9 lives, could cause health care havoc for millions

Why pay transparency alone won't eliminate the persistent wage gap between men and women

Life

Our faith in information is faltering when we most need facts

Do you have a moral duty to pay taxes?

'Self-reliance' for refugees? Badly handled it can make matters worse

Nature

Wastewater is an asset – it contains nutrients, energy and precious metals, and scientists are learning how to recover them

Tick, tock: The countdown to peak tick season is here

Droughts, extreme weather and empowered consumers mean tough choices for farmers

Sports

Kevin Durant Trade 2019: Warriors Star Touted to Leave the Team Due to His Body Language During Recent Interview

Anthony Davis Trade 2019: Can David Griffin Convince Pelicans Star to Stay with the Team?

Manny Pacquiao, Errol Spence Jr 2019: Both Boxers Unlikely to Fight as Other Names Steps into the Spotlight

Technical Analysis

FxWirePro: EUR/NZD hovers at cloud top, breakout eyes 200-DMA at 1.70

FxWirePro: EUR/JPY holds 21-EMA support, good to go short on break below

FxWirePro: EUR/CAD Trade Idea

ET PRO
Market Data

Market-moving news and views, 24 hours a day >

RUSSIAN COURT PUTS FORMER SHAREHOLDER OF YUGRA BANK ALEXEI KHOTIN UNDER HOUSE ARREST - AGENCIES

RUSSIA'S MOEX CLOSED AT 2,564.75, UP +0.15%

FTSEUROFIRST 300 PROVISIONALLY CLOSES UP 0.23 PERCENT AT 1,534.11

U.S. SECRETARY OF STATE POMPEO SAYS NOTHING HAS CHANGED WITH REGARD TO U.S. DIPLOMATIC EFFORTS ON NORTH KOREA

U.S. HOUSE JUDICIARY CHAIRMAN NADLER ISSUES SUBPOENA FOR FULL MUELLER REPORT AND UNDERLYING MATERIALS- STATEMENT

RUSSIA C.BANK SAYS GOLD RESERVES AT 69.7 MLN TROY OUNCES AS OF APRIL 1

UNITED STATES MAR 2019 HOUSE STARTS MM: CHANGE INCREASE TO -0.3 % VS PREV -12 % (REVISED FROM -8.7 %)

UNITED STATES MAR 2019 HOUSING STARTS NUMBER DECREASE TO 1.139 NO. OF (FCAST 1.23 NO. OF) VS PREV 1.142 NO. OF (REVISED FROM 1.162 NO. OF)

UNITED STATES MAR 2019 BUILDING PERMITS: NUMBER DECREASE TO 1.269 NO. OF (FCAST 1.3 NO. OF) VS PREV 1.291 NO. OF

UNITED STATES MAR 2019 BUILD PERMITS: CHANGE MM INCREASE TO -1.7 % VS PREV -2 %

TURKEY INVESTIGATING WHETHER ARRIVAL IN TURKEY OF ONE OF THOSE DETAINED WAS RELATED TO MURDER OF SAUDI JOURNALIST KHASHOGGI -SENIOR TURKISH OFFICIAL

TURKEY ARRESTED TWO UAE INTELLIGENCE OPERATIVES IN ISTANBUL ON MONDAY RELATED TO SUSPECTED SPYING -SENIOR TURKISH OFFICIAL

INDIA FOREX RESERVES AT $414.9 BLN ON APRIL 12 VS $413.78 BLN IN THE WEEK EARLIER - RBI

TURKISH WEIGHTED AVERAGE COST OF FUNDING SEEN AT 19.56 PCT IN 12 MONTHS - C.BANK SURVEY (PVS 18.35 PCT)

TURKISH WEIGHTED AVERAGE COST OF FUNDING SEEN AT 23.09 PCT IN 3 MONTHS - C.BANK SURVEY (PVS 22.50 PCT)

TURKISH REPO RATE SEEN AT 19.33 PCT IN 12 MONTHS - C.BANK SURVEY (PVS 18.35 PCT)

TURKISH END-2019 USD/LIRA SEEN AT 6.2030 - C.BANK SURVEY (PVS 6.0615)

TURKISH END-2019 C/A DEFICIT SEEN AT $17.6 BLN - C.BANK SURVEY (PVS $21.4 BLN)

TURKISH END-2019 GDP GROWTH SEEN AT 0.6 PCT - C.BANK SURVEY (PVS 1.2 PCT)

TURKISH END-2019 CPI SEEN AT 16.23 PCT - C.BANK SURVEY (PVS 15.64 PCT)

FxWirePro: EUR/JPY holds 21-EMA support, good to go short on break below

Cancer Cure: Latest Development in Improving Treatment for Pancreatic Cancer Reported

FxWirePro: AUD/USD rangebound amid holiday-thinned trading, bias bearish

FxWirePro: NZD/USD breaks channel base support, eyes 61.8% Fib at 0.6632

FxWirePro: USD/CNY stabilizes above 6.70 mark, PBOC sets yuan mid-point at 6.7043

FxWirePro: Silver enjoys roller coaster movement, consistent close above $14.98 requires for upside rally

FxWirePro: EUR/CAD Trade Idea

FxWirePro: South Korean won remains almost unchanged despite robust PPI data

Crypto Technicals: BTG/USD edges lower from weekly highs at 18.88, bias higher

Economics Monitor

April 19 12:30 UTC Released

USHouse Starts MM: Change

Actual

-0.3 %

Forecast

-8.7 %

April 19 12:30 UTC Released

USHousing Starts Number MM

Actual

1.139 Mln

Forecast

1.23 Mln

1.162 Mln

January 31 00:00 UTC 639403639403m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 639403639403m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 22 19:00 UTC 651223651223m

ARTrade Balance

Actual

Forecast

-1541 %

January 31 00:00 UTC 639403639403m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 22 19:00 UTC 651223651223m

ARTrade Balance

Actual

Forecast

-1541 %

January 31 00:00 UTC 639403639403m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 639403639403m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 639403639403m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Costas Milas

Welcome to EconoTimes