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

Become a contributor

Bookmark Econotimes

Central Banks

Thu, Dec 18, 2025 08:35 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Hungary's central bank likely to maintain base rate at 0.9 percent at least until end-2017

Nov 08, 2016 12:27 pm UTC| Insights & Views Economy Central Banks

Hungarys central bank left its benchmark interest rate at a record low of 0.9 percent for a fifth month in October and signaled that the easing cycle is finished for now. The central bank, which targets 3 percent price...

FX Hedging Strategy Series

FxWirePro: More dollar rally into X’mas FOMC - Uphold NZD/USD ITM delta puts as optimal hedging vehicle for a stronger dollar trade amid carry pullback

Nov 08, 2016 08:03 am UTC| Central Banks Commentary

TheUS Presidential electiontonight has been center of attraction for the markets. The results should become clear by Wednesday.While the FOMC member Evansspeaks on monetary policy; his stance on the latest payrolls data...

FX Hedging Strategy Series

FxWirePro: FII outflow and FI yields to append stress on Korean won further depreciation – 2m NDFs to address KRW vulnerability

Nov 08, 2016 07:55 am UTC| Central Banks Commentary

October was the first month since June that total portfolio outflows were recorded. Though Korean equities managed their eighth straight month of inflows, at USD0.3bn it was not enough to offset the USD3.2bn of outflows...

FX Hedging Strategy Series

FxWirePro: SNB cautious on US elections as Swiss Franc lingers to appreciate - Bets on EUR/CHF sideways via iron butterfly as OTC functionality lurks

Nov 07, 2016 15:00 pm UTC| Central Banks Research & Analysis

It does come as a surprise that - contrary to other risk events such as the Brexit referendum etc. - the SNB does not create a buffer of CHF weakness which would prevent the franc from appreciating excessively in the case...

RBNZ rate cut fully priced in, focus on statement for shift in forward guidance

Nov 07, 2016 12:08 pm UTC| Insights & Views Economy Central Banks

The Reserve Bank of New Zealand (RBNZ) holds its next monetary policy meeting on Wednesday, 9th November and markets have fully priced in a 25 basis point cut to a fresh record-low of 1.75 percent. Focus shall remain on...

FX Hedging Strategy Series

FxWirePro: RBNZ OCR easing, Fed hike expectations and U.S. election signal NZD/USD projections at 0.70 by Q4’2016

Nov 07, 2016 11:10 am UTC| Central Banks Commentary

The markets betting odds for a November OCR cut has been very unwavering during in the recent past at probabilities slightly more than 80%. However, the market now reckons any further easing beyond Nov as a zero chanceand...

Fundamentals to watch out for this week

Nov 07, 2016 10:54 am UTC| Commentary Economy Central Banks

This week is extremely risk heavy. Expect lots of volatility. The focus is on the US election. What to watch for over the coming days: US Presidential election: This is the mother of all events this week. On...

541 542 543 544 545 546 547 548 549 550

Economy

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

Asian shares fell sharply on Thursday as technology stocks came under renewed pressure, driven by growing investor concerns over heavy artificial intelligence spending and its impact on corporate balance sheets. Market...

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

Politics

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

U.S. President Donald Trump announced Wednesday evening that eligible U.S. military personnel will receive a one-time cash payment of $1,776, a move he described as a special warrior dividend timed ahead of Christmas. The...

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

Science

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...

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...

Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

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...