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

Become a contributor

Bookmark Econotimes

Market Roundups

Tue, May 07, 2024 02:24 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Europe Roundup: Sterling hits 1-week low, dollar steadies near 3-week peak on Fed rate hike bets, investors eye U.S. CPI figures - Friday, May 12th, 2017

May 12, 2017 11:49 am UTC| Market Roundups

Market Roundup EUR/USD +0.1%, USD/JPY -0.2%, GBP/USD -0.2%, EUR/GBP +0.3% DXY flat, DAX +0.1%, FTSE +0.2%, Gold +0.3%, Brent -0.2% Dollar heads for strongest week this year on Fed hike bets EZ Mar...

Asia Roundup: Antipodeans on track for weekly losses, dollar supported by Fed rate hike view, crude oil gains on output cut expectations - Friday, May 12th, 2017

May 12, 2017 06:22 am UTC| Market Roundups

Market Roundup China c.bank injects 66.5 bln yuan via 6-mth MLF and 392.5 bln yuan via 1-yr MLF - statement China launches emergency probe on banks to check risky lending - sources U.S., China reach deals...

Americas Roundup: Dollar weakens but outlook stays positive on Fed hike view, Wall Street dips, Oil gains on more support for OPEC cuts, optimism about U.S. crude draw-May 12th, 2017

May 11, 2017 20:47 pm UTC| Market Roundups

Market Roundup US Initial jobless claims 236k v 245k forecast, 238k previous. US Jobless claims 4-wk Avg 243.5k, 243k - previous. US PPI final demand YY 2.5% v 2.2% forecast, 2.3% - previous. US PPI final...

Europe Roundup: Sterling slides on downbeat economic data, dollar off 8-week peak against yen, European shares trade in red - Thursday, May 11th, 2017

May 11, 2017 11:38 am UTC| Market Roundups

Market Roundup EUR/USD +0.05%, USD/JPY -0.1%, GBP/USD -0.15%, EUR/GBP +0.2% DXY -0.1%, DAX flat, Silver +1.4%, Copper +1.8%, Brent +1.6% Sterling dips after UK output data disappoints, trade gap...

Asia Roundup: Kiwi hits 11-month low as RBNZ stands pat, dollar touches 8-week peak against yen, sterling consolidates ahead of BoE policy meeting - Thursday, May 11th, 2017

May 11, 2017 05:59 am UTC| Market Roundups

Market Roundup RBNZ holds rates at 1.75%, retains neutral bias RBNZ gov: Need to see pick-up in inflation to consider tightening RBNZ assistant gov: Inflation expectations unchanged, rate bias...

Americas Roundup: Dollar steadies against euro as risk appetite boosts greenback, Gold eases, Oil jumps on drop in U.S. crude stocks, possible OPEC cut extension-May 11th, 2017

May 10, 2017 20:53 pm UTC| Market Roundups

Market Roundup US Import prices MM 0.5% v 0.2% forecast, 0.1% -previous. US Export prices MM 0.2% v 0.1% forecast, 0.1% - previous. Morgan Stanley pares U.S. recession view to 25% from 30%. Republican...

Europe Roundup: Sterling hits 3-week high against euro ahead of BoE decision, dollar eases versus yen on geo-political tensions, European shares off 21-month peak - Wednesday, May 10th, 2017

May 10, 2017 11:37 am UTC| Market Roundups

Market Roundup EUR/USD -0.1%, USD/JPY -0.1%, GBP/USD +0.1%, EUR/GBP -0.2% DXY -0.1%, FTSE +0.2%, DAX flat, Gold +0.1%, Copper -0.3% EUR/USD hits 2-week low of 1.0858 Dollar slips initially after Comey...

641 642 643 644 645 646 647 648 649 650

Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Huawei's Mate 70 Series to Run on Kirin 9100 Chip: AnTuTu Scores Equal Snapdragon 8 Gen 1

Rumors swirl around Huaweis upcoming Mate 70 flagship series, hinting at a groundbreaking inclusion: the Kirin 9100 chipset. Initial performance figures suggest the chip matches Qualcomms Snapdragon 8 Gen 1, setting the...

Kraken's Bold Move: Expanding into Germany with DLT Finance Partnership

Cryptocurrency giant Kraken makes waves with its strategic decision to launch operations in Germany, a pivotal move in its broader European expansion plan. Teaming up with DLT Finance, a regulated financial institution,...

Macron's France Targets Fourfold Increase in EV Sales by 2027; Welcomes BYD Factory Plans

France has announced plans to quadruple EV sales by 2027. The agreement, enhancing Frances position against global competitors, aligns with a state visit from China, spotlighting potential collaborations with major...

Shiba Inu Insider Urges Focus on SHIB and BTC Amid Market Rally

In a recent wake-up call, Lucie of the Shiba Inu team urged the cryptocurrency community to closely monitor Shiba Inu (SHIB) and Bitcoin (BTC) as both tokens exhibit strong price recoveries. This comes amid growing...

Is China Opening Doors to Bitcoin ETFs? Investor's Comment Sparks Debate

Following the recent launch of Bitcoin ETFs in Hong Kong, speculation is mounting over potential access for mainland Chinese investors. Richard Byworth, a prominent Bitcoin investor, suggested that these ETFs could soon be...