Menu

Search

FxWirePro: Risk-off sentiments to drive bullion, lethargic ETF flows to substantiate

May 03, 2017 12:54 pm UTC| Central Banks Insights & Views

As the U.S. Federal Reserve is most likely to maintain status quo at its monetary policy meeting today due to pauses to parse more economic data but may hint it is on track for an increase in June, bullions both spot and...

FxWirePro: Fed likely to maintain status quo but lingering optimism of June hikes leads bullion market jittery

May 03, 2017 12:34 pm UTC| Central Banks Insights & Views

As we are heading towards US rates tonight, while last weeks political developments definitely pressured yields, we also believe all these technicalities played a crucial role in 10-year yields breaking below the...

FxWirePro: Flashlights on UST interest rate derivatives ahead of geopolitical uncertainty, Stay long vega in swap spreads and swaptions

May 03, 2017 11:19 am UTC| Central Banks Insights & Views

The U.S. Federal Reserve is most likely to maintain status quo at its monetary policy meeting today as it pauses to parse more economic data but may hint it is on track for an increase in June. The central bank is...

RBA likely to leave benchmark cash rate at 1.5 pct over the coming quarters to support domestic demand, says Scotiabank

May 03, 2017 10:34 am UTC| Commentary Central Banks Economy

The Reserve Bank of Australia (RBA) will likely leave the benchmark cash rate at 1.5 percent over the coming quarters in order to support domestic demand. A cautious monetary tightening phase will likely commence in the...

FxWirePro: USD/RUB FX derivatives trades amid CBR FX interventions

May 03, 2017 09:59 am UTC| Central Banks Research & Analysis Insights & Views

USDRUB is advancing above 57 marks as the spot met dip buyers following the improved tone in the greenback plus the persistent weakness in crude oil prices. In fact, RUB sold off as the barrel of Brent crude is testing...

FxWirePro: The Day Ahead- 3rd May 2017

May 03, 2017 04:36 am UTC| Commentary Economy Central Banks

Not many economic data and events scheduled for today and some with high volatility risks associated. Upcoming: Spain: unemployment change report for April will be published at 7:00 GMT. Eurozone: ECB will...

No FX intervention by DN in April on weaker DKK against EUR

May 02, 2017 16:38 pm UTC| Commentary Central Banks Economy

Denmarks central bank, Danmarks Nationalbank, had actively sold DKK in February and in March as part of its ongoing defence of the peg. But the DKK depreciated a bit against the euro in April, and thus the central bank did...

  421 422 423 424 425 426 427 428 429 430   

Economy

​South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

Most Asian currencies edged lower on Wednesday as investors weighed the U.S. Federal Reserves future interest rate path following mixed signals from the latest U.S. labor market data. At the same time, the Indian rupee...

Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty

Gold prices climbed during Asian trading on Wednesday, while silver prices surged to a fresh all-time high, as growing concerns over the U.S. economy fueled strong demand for safe haven assets. Investors increasingly...

Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices

U.S. President Donald Trump has ordered a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela, dramatically escalating Washingtons pressure on President Nicolas Maduros government and...

Politics

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...

U.S.-Russia Talks in Miami Raise Hopes for Potential Ukraine War Deal

U.S. and Russian officials are expected to hold high-level talks in Miami, Florida, this weekend as discussions around a possible deal to end the war in Ukraine gain renewed attention, according to a report by Politico...

Federal Appeals Court Allows Trump’s National Guard Deployment in Washington, D.C. to Continue

A federal appeals court on Wednesday cleared President Donald Trumps deployment of National Guard troops in Washington, D.C., allowing the controversial operation to continue while legal challenges move forward. In a...

U.S. Senators Move Toward Deal to Strengthen Military Helicopter Safety Rules

U.S. senators are nearing a bipartisan agreement on new legislation aimed at improving military helicopter safety and strengthening aviation oversight near commercial airports, according to congressional aides familiar...

Italy Supreme Court Upholds Salvini Acquittal in Migrant Kidnapping Case

Italys Supreme Court has definitively upheld the acquittal of Deputy Prime Minister Matteo Salvini in a high-profile migrant kidnapping case, bringing an end to years of legal proceedings and eliminating the possibility of...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

A European privacy advocacy group has filed fresh complaints against TikTok, Grindr, and AppsFlyer, accusing the companies of violating European Union privacy laws by unlawfully tracking and sharing sensitive user data...

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...
  • Market Data
Close

Welcome to EconoTimes

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