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Central Banks

Tue, May 14, 2024 08:52 AM All times are UTC

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RBA December meeting minutes demonstrate series of concerns, but highlights positives in current conditions

Dec 20, 2016 06:06 am UTC| Commentary Central Banks

The Reserve Bank of Australias December board meeting minutes showed their series of worries and also underlined the positives in current conditions. The board was quite worried regarding the possible harm to global...

BoJ holds policy decision steady, raises economic assessment

Dec 20, 2016 05:12 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) in its two-day monetary policy meeting concluded Tuesday, held interest rate steady, with an outlook of upbeat economic conditions in the near term. Also, it pledged to keep the 10-year yields near...

Riksbank seems in no hurry to deliver rate cut, to prolong current QE programme

Dec 19, 2016 16:00 pm UTC| Commentary Central Banks Economy

Riksbank meets on Wednesday, 21st December to decide policy rates and is expected to stay pat. The central bank has cut its benchmark interest rate deep below zero and unleashed a bond buying program to spark inflation...

Central Banking Series

BOJ to sit tight and hold policy steady amid yen weakness

Dec 19, 2016 13:51 pm UTC| Commentary Central Banks

Bank of Japan (BOJ) will announce its monetary policy decisions tomorrow sometime in early Asian hours, probably around 3:00 GMT, followed by apress conference from governor Kuroda. Current monetary policy Early...

FX Hedging Strategy Series

FxWirepro: Turkish lira still vulnerable on political stress and FED’s outlook - USD/TRY 1m IVs high yielder in debit call spreads

Dec 19, 2016 11:51 am UTC| Central Banks Research & Analysis

We remain bearish the lira; the negative feedback loop between macro policy credibility, political concerns, and investor sentiment is likely to drive the currency weaker. The FX outlook remains unambiguously negative,...

BoJ to stand pat, likely to leave yield curve control parameters unchanged

Dec 19, 2016 11:34 am UTC| Insights & Views Central Banks

The Bank of Japan (BoJ) concludes its two-day policy meeting on Tuesday, 20t December. The central bank is widely expected to keep its benchmark interest rate unchanged at -0.10 percent and is also likely to leave the...

Central Banking Series

QE and inflation expectations likely to broaden term premium globally

Dec 19, 2016 11:16 am UTC| Commentary Economy Central Banks

As inflation expectations rise globally, the US Federal Reserve is expected to hike rates at a faster pace next year. Last week, FOMC forecasted 3 rate hikes, compared to just one each in previous two years. Then why the...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

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

President Joe Biden Orders Removal of Chinese-Owned Crypto Miner Near Wyoming Missile Base

President Joe Biden has ordered the removal of a Chinese-owned cryptocurrency mining company from land near a Wyoming missile base, citing national security concerns. The directive targets MineOne Cloud Computing...

Shiba Inu (SHIB) May Skyrocket 20% If This Happens, Analysts Warn of Risks

Shiba Inu (SHIB) may skyrocket 20% if it breaches a critical resistance level, analysts suggest. The cryptocurrency is currently hanging from the edge, facing pivotal support levels that will determine its next...

Hong Kong Bitcoin and Ether ETFs Experience Highest Net Outflows Since Launch

Hong Kongs Bitcoin and Ether ETFs have experienced record net outflows since launch, marking a significant downturn in investor sentiment and fund performance. Hong Kongs Bitcoin and Ether ETFs Face Unprecedented $52.5M...

Subaru and Toyota Collaborate on 3 New Electric SUVs, Citing ‘Huge Risk’ of Solo EVs

Subaru and Toyota are expanding their partnership to produce three new electric SUVs, with Subarus CEO citing the huge risk of developing EVs independently. Subaru Partners with Toyota to Reduce Risks in EV Development,...

First Look: Tesla Cybertruck's New Tactical Grey Interior Spotted in Forum Images

Tesla enthusiasts got a first look at the new Tactical Grey interior for the Cybertruck, revealed through leaked images on the Cybertruck Owners Club Forum. Cybertruck Owners Forum Unveils Tactical Grey Interior Last...