Menu

Search

After several years of extremely loose monetary policy, the U.S. Federal Reserve intends to start tightening, for clear reasons, markets will remain focused on the crucial event, which is set to have a major impact on almost all asset classes. Economic data releases will provide clues to the robustness of economies- some of which are vulnerable to investment outflows as higher rates make U.S. assets more attractive. Emerging economies are already struggling to support currencies hit by Fed rate hike expectations and will lead to intensified currency wars further. In this exclusive series we will provide insightful analysis and views on central banks decisions, emerging markets currencies, Fed's tools for managing monetary cycle, investment outflows, including direct government intervention, the imposition of capital controls, and, indirectly, quantitative easing.

Currency War Series

Further easing from BoJ likely at April meeting

Mar 21, 2016 12:27 pm UTC| Commentary Central Banks

The Bank of Japan last week left its major monetary policies unchanged but downgraded its view of the economy, opening the door to further action in the months ahead. Japans consumer price inflation remains stuck far below...

Currency War Series

Egypt Devaluation Positive, Economic Challenges Remain 

Mar 21, 2016 09:36 am UTC| Commentary Economy Central Banks

Decisions by the Central Bank of Egypt (CBE) last week, including a devaluation of the Egyptian pound, are broadly credit positive but the country faces a difficult year of slower growth, high inflation and large financing...

Currency War Series

CBR left rates unchanged but surprised with a relatively tough rhetoric

Mar 18, 2016 15:31 pm UTC| Commentary Central Banks

Central Bank of Russia left its main lending rate at 11 percent on Friday as widely expected and sent out a relatively hawkish signal about its willingness to persist with moderately tight monetary policy despite signs of...

Currency War Series

Bank of Russia keeps key rate on hold again, does not believe in sustainably strong oil market

Mar 18, 2016 12:58 pm UTC| Commentary Central Banks

The Bank of Russia once again kept its key rate on hold at 11% today, on par with expectations. However, some analyst had expected a cut of 50bp, but the odds were close to 50%. The central bank noted that the...

Currency War Series

ECB’s Paret hints further rate cuts: will it weaken Euro?

Mar 18, 2016 10:10 am UTC| Commentary Central Banks

Its not over. Do you hear?? European Central Bank (ECB) is not done with easing. European Central Banks (ECB) executive board member Peter Part in an interview with La Republica, published today, said that ECB has yet...

Currency War Series

BI should ease pace of easing policy, should wait until Q2 to cut rates

Mar 18, 2016 06:57 am UTC| Commentary Central Banks

Bank Indonesia (BI) lowered its rate for the third consecutive time yesterday, cutting its entire policy corridor by 25bps, with the reference, Fasbi/deposit and repo rates being lowered to 6.75%, 4.75% and 7.25%...

Currency War Series

BoE to vote unanimously in favour of holding rates, pound to see little impact

Mar 15, 2016 13:54 pm UTC| Commentary Central Banks

Bank of Englands monetary policy meet is scheduled for Thursday, 17th March, a day after the new budget is delivered, and is expected to vote unanimously in favour of leaving rates unchanged. The meeting is likely to be a...

1 2 3 4 5 6 7 8 9 10   

Economy

RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began

Australias central bank delivered its second consecutive interest rate hike on Tuesday, lifting the official cash rate by 25 basis points to 4.10% its highest level in ten months. The Reserve Bank of Australia (RBA)...

U.S. Presses South Korea on Strait of Hormuz Naval Support Amid Rising Energy Tensions

U.S. Secretary of State Marco Rubio emphasized during a phone call with South Korean Foreign Minister Cho Hyun on Monday that international cooperation to secure the Strait of Hormuz is critical for stabilizing global oil...

U.S.-Iran War Escalates as Strait of Hormuz Crisis Threatens Global Oil Supply

Three weeks into the U.S.-Israeli military campaign against Iran, the conflict shows no signs of slowing down and the economic consequences are being felt worldwide. The Strait of Hormuz, a critical chokepoint responsible...

U.S. Futures Slip After Wall Street Rebound as Fed Decision Looms

U.S. stock index futures edged lower Monday evening following a strong regular session rally driven by technology stocks, while oil prices eased slightly amid ongoing uncertainty in the Middle East. SP 500 Futures slipped...

U.S.-Iran War Pushes Brent Crude Back Above $100 as Strait of Hormuz Tensions Persist

Oil prices climbed sharply in early Asian trading on Tuesday, with Brent crude holding firmly above $100 per barrel as ongoing supply concerns tied to the U.S.-Israel conflict with Iran continued to rattle global energy...

Politics

Baghdad Embassy Attack: Drones and Rockets Strike U.S. Compound in Escalating Iraq Conflict

In one of the most intense assaults on American diplomatic infrastructure in recent memory, rockets and at least five drones targeted the U.S. embassy in Baghdad early Tuesday morning, according to Iraqi security sources....

Trump Threatens to "Take Cuba" Amid U.S.-Cuba Talks and Island's Deepening Crisis

President Donald Trump escalated his aggressive foreign policy stance toward Cuba on Monday, declaring he expected to have the honor of taking the island nation in some form. Speaking to reporters during an Oval Office...

Pakistan Air Strike Kills 400 at Kabul Drug Rehabilitation Hospital, Taliban Says

A devastating air strike allegedly carried out by Pakistan on a drug rehabilitation hospital in Kabul has left at least 400 people dead and 250 others wounded, according to an Afghan Taliban government spokesman. The...

Trump Was Warned Iran Could Retaliate Against Gulf Allies Before U.S.-Israeli Strikes

Despite President Donald Trumps repeated claims that Irans retaliatory strikes against U.S. Gulf allies came as a complete surprise, multiple sources with knowledge of pre-war intelligence briefings are pushing back on...

Taiwan Confident U.S. Arms Sale Review Remains on Track Despite Trump's China Trip Delay

Taiwans Defense Minister Wellington Koo expressed confidence on Tuesday that Washingtons internal review of a second major arms package for the island continues to move forward without delays, even as geopolitical...

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

Foxconn Shares Slip After Q4 Profit Miss Despite Record Revenue and Strong AI Outlook

Foxconn, officially known as Hon Hai Precision Industry, saw its stock decline on Tuesday following a disappointing fourth-quarter earnings report that fell short of market expectations, even as the worlds largest contract...

xAI Faces Federal Lawsuit Over Grok AI-Generated Child Sexual Abuse Material

Three Tennessee plaintiffs, two of whom were minors at the time the images were created, have filed a federal lawsuit in San Jose, California against Elon Musks artificial intelligence company xAI. The suit alleges that...

Nvidia's Jensen Huang Forecasts $1 Trillion in AI Chip Demand Through 2027

Nvidia CEO Jensen Huang stunned attendees at the companys annual GTC developers conference in California by projecting up to $1 trillion in purchase orders for its flagship AI chip technologies doubling his own $500...

Nvidia's Jensen Huang Credits Samsung for Manufacturing New AI Chips, Boosting Stock

Samsung Electronics shares surged as much as 5% on Tuesday after Nvidia CEO Jensen Huang publicly credited the South Korean tech giant for manufacturing its latest artificial intelligence chips. The announcement came...

SK Hynix Chairman Warns of Memory Chip Shortage Through 2030 Amid AI Boom

SK Hynix Chairman Chey Tae-won has warned that the global memory chip shortage could persist well into 2030, driven by unprecedented demand from the artificial intelligence sector. The South Korean chipmakers chief made...
  • Market Data
Close

Welcome to EconoTimes

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