Become a contributor

Bookmark Econotimes

Sun, Jun 25, 2017 01:54 AM All times are UTC Edition :

Follow Series

Global Geopolitics Series

©Elmin Media . All Rights Reserved.

When you throw pebbles in a pond, you get splashes and ripples, but drop a huge rock, you create a mini Tsunami. Similarly Geo-political turmoil, are potent enough to create tsunamis in financial markets, even if its for the short run. It has in the past, and it will in the future. De-stabilised Middle East, rise of new power in Saudi Arabia, aggressive China, Russia-US tensions, Turkey-Russia escalation, rise of autocratic but nationalists leaders such as Modi in India, Trump in United States, bin-Salman in Middle East, the Geo-Political unease hasn't been this tense in decades, so as a market participant you can never care less than ever.

Global Geopolitics Series

Global Geo-political Series: Turkey sends troops and foods to Qatar

Jun 23, 2017 10:17 am UTC| Commentary

The Turkish President Recep Tayyip Erdogan, who has been a vocal critique of the Arab blockade of Qatar and called for a diplomatic solution to the problem has sent first Turkish ship carrying food aid to Qatar and a small...

Global Geopolitics Series

Global Geo-political Series: Orban-Macron mud-sling over migration

Jun 23, 2017 07:54 am UTC| Commentary

The European Union leaders agreed to extend sanctions against Russia on the first day of the two-day summit. However, this unity is not universal and the latest brawl between the newly elected French President Emmanuel...

Global Geopolitics Series

Global Geo-political Series: EU leaders extend Russia sanctions on first day of EU summit

Jun 23, 2017 07:03 am UTC| Commentary

On the first day of the two-day European Union summit, the leaders have agreed to extend the sanctions against Russia. EU leaders have officially confirmed a decision to extend sanctions against Russia over Crimea and...

Global Geopolitics Series

Global Geo-political Series: Qatar given 10 days to comply with 13 demands by Gulf States

Jun 23, 2017 06:31 am UTC| Commentary

Qatar has been given a list of 13 demands and a compliance window of 10 days if it wants to end the current blockade by some of the key Gulf nations. Earlier this month, nine countries including Saudi Arabia, Bahrain,...

Global Geopolitics Series

Global Geo-political Series: Senate-passed Russia new sanctions bill gets blocked at House of Representatives

Jun 21, 2017 06:54 am UTC| Commentary

The legislation, which aims to slap new sanctions against Russia as well as prevent the President of the United States from unilaterally withdrawing sanctions imposed against Russia and that got overwhelmingly passed...

Global Geopolitics Series

Global Geo-political Series: Lavrov says Russia still awaiting explanations from U.S. over downing of Syrian war plane

Jun 21, 2017 05:16 am UTC| Commentary

According to Russias foreign minister Sergei Lavrov, Moscow is still waiting from Washington and the International Coalition for an explanation over the downing of a Syrian warplane that was bombing rebel positions....

Global Geopolitics Series

Global Geo-political Series: Brexit talks formally begin

Jun 20, 2017 10:40 am UTC| Commentary

The formal talks between the United Kingdom and the European Union began this week on Monday as the United Kingdoms Brexit minister David Davis met with the chief EU negotiator Michel Barnier at the European Commission in...

1 2 3 4 5 6 7 8 9 10

Economy

Eurozone PMI moderation in June unlikely to derail growth, high consumer confidence suggests strong year ahead

The headline IHS Markit Eurozone PMI fell from a joint six-year high of 56.8 in May to a five-month low of 55.7 in June, according to the preliminary flash estimate released earlier today. Data missed economists forecasts...

Eurozone periphery bonds mixed post higher-than-expected German manufacturing PMI

The Eurozone periphery bonds traded mixed Friday after reading a higher-than-expected rise in the German manufacturing PMI for the month of June, released earlier today. The benchmark German 10-year bond yields, which...

USD/TWD likely to hold around 30.40–30.70 range in the near-term, says Commerzbank

The USD/TWD currency pair is expected to hold at levels of around 30.40-30.70 in the coming months after the Central Bank of the Republic of China (Taiwan) (CBC) remained on hold, Commerzbank reported. The Central Bank...

New Zealand bonds gain at close tracking U.S. Treasuries post rise in initial jobless claims

The New Zealand bonds ended on the upside after the Reserve Bank of New Zealand (RBNZ) remained unchanged in its monetary policy decision, revealed early today while maintaining a balanced outlook of the economy. At the...

EUR/USD likely to reach 1.06 by end-2018, says Commerzbank

The EUR/USD is expected to reach a level of 1.06 by the end of next year, having downside potential. Most of the analysts arguing for 1.20-ish levels simply extrapolate the medium-term upward trend in EUR/USD. Even the...

Politics

US under Trump Series: Trump pours on cold water on 'Comey tapes' speculation

With a series of tweets, President Donald Trump poured cold water over the hot speculations that has been brewing for months that there are tapes of conversations between him and the former FBI director James Comey. After...

Why Lesotho's in such a mess and what can be done about it

In an interview following his recent return as Prime Minister of Lesotho, Tom Thabane has blamed the army for the countrys chronic political instability. Stating that his previous administration (after an election in 2012)...

US under Trump Series: US department of Justice launches investigation into Hillary Clinton’s email scandal

According to a Fox News report, which was confirmed by Senate Judiciary Committee Chair Chuck Grassley, the U.S. Department of Justice has launched a formal inquiry into whether former Secretary of State Hillary Clinton...

Data Of Almost 200M Americans Collected By GOP Leaked, No Protection Whatsoever

When collecting data from citizens for use in things like winning elections, it makes sense to afford hoard with heavyweight protection. Not only did the GOP fail to do this, which led to the leak of data of 198 million...

Julius Caesar in our times

All the worlds a stage, Shakespeare once wrote. In recent weeks, that Shakespearean adage has been particularly resonant, with the New York Public Theaters production of Julius Caesar attracting worldwide scrutiny...

Science

Elon Musk Tells Climate Change Deniers To Get A Thermometer

The vast majority of scientists agree that climate change is real and that it is being sped up by human activity, theres no debate there. Unfortunately, there are still those with influence in the political sphere that...

Scientist Say Lack Of Funding Is Biggest Obstacle To Immortality

For centuries, humanity has been searching for ways to live longer, resist diseases, and generally have a happier life. Throughout the centuries, people thought that the biggest challenge to discovering the secret to...

Electric Cars Can Also Power Buildings When Parked, Researchers Say

It seems there is one more reason to get an electric car other than to protect the environment. According to researchers, vehicles running on electricity can also power buildings without suffering battery drain or...

10% Of US Energy Harvested From Renewables, There Is Hope

When President Donald Trump announced that he was going to pull out of the Paris Climate Accord, hardly anyone was surprised. Even so, many still despaired regarding the future of renewable energy. Fortunately, it seems...

Driverless Cars Gets Neil deGrasse Tyson Seal Of Approval

As one of the most popular and beloved scientific figures in the world, if Professor Neil deGrasse Tyson says that a particular scientific trend is great, most people tend to pay attention. Thats why his words of...

Technology

Valve’s New Knuckles VR Controller Supports All Five Fingers

Right now, the most responsive VR controller in the market is arguably the Oculus Touch, but it does come with a few issues. For one thing, it doesnt provide support for individual digits on the hands. With Valves new VR...

Get $120 Off Of Unlockable iPhone SE At Virgin Mobile

While the iPhone SE is not exactly the sexiest product in Apples lineup, its still a functional smartphone with decent features. Customers who would like to get their hands on the device for cheap can buy it for $120 off....

Caltech Creates Cameras Without Lenses, Thinner Smartphones Coming Up

Just when it was thought that smartphones could not get any thinner, Caltech engineers just had to be creative and muck everything up. By creating a camera technology that does not require a lens, these Brainiacs basically...

Steam Summer Sale Is Here And Dark Souls III Is At 60% Off

As promised, the annual Steam Summer Sale is here and boy does it deliver on the hype. Multiple AAA games are up for grabs at ridiculously low prices, along with their various DLCs and extra features. Some indie titles...

Steam Summer Sale Date Has Been Announced, Extra Discount Via PayPal

Every year, PC gamers look forward to the Steam Summer Sale, which has become something of a holiday to fans. This years launch date has already been announced and its set for June 22nd. This means that gamers will try in...

Digital Currency

Chinese cryptocurrency exchange Huobi releases quantitative analysis model for investors

FxWirePro: ETH/USD upside capped by 5-DMA, good to go short on close below 20-DMA

FxWirePro: BTC/GBP rangebound, faces trend line resistance at 2165, bias neutral

Law

No More Smartphones For Teens If Colorado Nonprofit Gets Its Way

EU To Fine Google Billions Over Skewed Shopping Ads

The new data retention law seriously invades our privacy – and it's time we took action

Life

Finsbury Park Mosque: from 'terrorist hostel' to symbol of modernity, openness and tolerance

When cows attack: how dangerous are cattle and how can you stay safe around them?

What Sharia law means: Five questions answered

Nature

China Wants To Catch Carbon Using Giant Facilities, Shows Up The US

India's wells are running dry, fast

Volcanoes under the ice: melting Antarctic ice could fight climate change

Sports

Is it OK to run in heat of 30℃ or more?

Are esports the next major league sport?

The problem of treating play like work – how esports can harm well-being

Technical Analysis

FxWirePro: USD/JPY stuck in range but maintains bullish bias

FxWirePro: USD/CAD consolidating around 1.3277, bias is bullish

FxWirePro: Sell S&P500 below 2430

ET PRO
Market Data

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

UNITED STATES W/E ECRI WEEKLY INDEX* DECREASE TO 143.7 VS PREV 144.0

America Roundup:Dollar falls after data on factory, services activity,US stocks advance,Oil creeps up from 10-month low, down nearly 4 pct on week-June 24th,2017

FITCH ON BELGIUM SAYS EXPECTS DEFICIT TO NARROW FURTHER TO 1.9 PCT OF GDP IN 2017, ON LOWER INTEREST PAYMENTS, 1.6 PCT IN 2018 AND 1.5 PCT BY 2019

FITCH SAYS ISSUE RATINGS ON BELGIUM'S SENIOR UNSECURED FOREIGN- AND LOCAL-CURRENCY BONDS ARE ALSO AFFIRMED AT 'AA-'

FITCH ON BELGIUM SAYS COUNTRY CEILING IS AFFIRMED AT 'AAA' AND SHORT-TERM FOREIGN-CURRENCY AND LOCAL CURRENCY IDRS AT 'F1+'

FITCH AFFIRMS BELGIUM AT 'AA-'; OUTLOOK STABLE

QATAR TRANSPORT MINISTER: 'TRUST ORGANIZATION TO TAKE ACTION VERY QUICKLY' AFTER MEETING WITH UN AGENCY OFFICIALS

QATAR ASKS U.N. AGENCY TO OPEN INTERNATIONAL AIR ROUTES OVER GULF WATERS THAT ARE CURRENTLY MANAGED BY UAE -QATAR MINISTER

U.N. AVIATION AGENCY TO HOLD SPECIAL JUNE 30 HEARING ON QATAR REQUEST TO RE-OPEN GULF AIRSPACE -QATAR TRANSPORT MINISTER

ITALY TREASURY SAYS GOVERNMENT TO MEET DURING WEEKEND TO ADOPT NECESSARY MEASURES TO ENSURE VENETO BANKS FULL FUNCTIONING

FOR THE WEEK, THE DOW ADDED 0.05 PCT, THE S&P ROSE 0.21 PCT, THE NASDAQ GAINED 1.84 PCT

BRAZIL'S BOVESPA CLOSED AT 61,200.10, DOWN -0.12%

CANADA'S S&P/TSX COMPOSITE CLOSED AT 15,320.93, UP +0.66%

FOR THE WEEK, THE DOW ADDED 0.05 PCT, THE S&P ROSE 0.21 PCT, THE NASDAQ GAINED 1.84 PCT

NASDAQ UNOFFICIALLY CLOSES UP 27.96 POINTS, OR 0.45 PERCENT, AT 6,264.64

S&P 500 UNOFFICIALLY CLOSES UP 3.69 POINTS, OR 0.15 PERCENT, AT 2,438.19

DOW JONES UNOFFICIALLY CLOSES DOWN 3.28 POINTS, OR 0.02 PERCENT, AT 21,394.01

CFTC-SPECULATORS INCREASE CBOT US 5-YEAR TREASURY FUTURES NET SHORT POSITION BY 83,959 CONTRACTS TO 136,761 IN WEEK ON JUNE 20

CFTC-SPECULATORS RAISE CBOT US 10-YEAR TREASURY FUTURES NET LONG POSITION BY 71,203 CONTRACTS TO 345,172 IN WEEK ON JUNE 20

CFTC-SPECULATORS INCREASE CBOT US 2-YEAR TREASURY FUTURES NET SHORT POSITION BY 32,702 CONTRACTS TO 112,867 IN WEEK ON JUNE 20

Global Geopolitics Series

Welcome to EconoTimes