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

Become a contributor

Bookmark Econotimes

Commentary

Mon, Jul 06, 2026 03:22 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

ECB struggles to stimulate growth via the credit channel

Jul 28, 2016 14:39 pm UTC| Commentary

Data released by European Central Bank on Wednesday showed that eurozone money supply and lending to private sector grew at faster pace in June. The broad monetary aggregate M3, often an indicator of future economic...

Chart of the Day Series

Chart of the Day: Equity looks better than bond

Jul 28, 2016 14:15 pm UTC| Commentary

This nice chart from JPMorgan fund research shows equities may be a lot cheaper in Europe, compared to the bonds. As of 30th June 2016, dividend yield in MSCI Europe is calculated at 3.7 percent, whereas10-year bund is...

UK house prices in July rose at their fastest annual pace in four months, might not yet reflect Brexit impact

Jul 28, 2016 13:56 pm UTC| Commentary

The data from Nationwide, UKs biggest building society showed UK property prices rose by 0.5 percent in July compared with June, and were up 5.2 percent on a year earlier. That meant the average UK home was valued at...

Commodities snapshot (precious & industrial)

Jul 28, 2016 13:50 pm UTC| Commentary

Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is higher after the Fed kept rates on hold and found support around $1300 area. Todays range $1336-1346 We expect gold to...

Commodities snapshot (energy)

Jul 28, 2016 13:37 pm UTC| Commentary

Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI marginally down, despite weakness in the dollar as large gasoline inventory weighs. Active call WTI is likely...

Currency War Series

RBNZ determined to weaken the kiwi

Jul 28, 2016 13:31 pm UTC| Commentary Central Banks

As early as June the Reserve Bank of New Zealand (RBNZ) made it clear that it will cut the key rate one more time should NZD not depreciate. Kiwi remains fairly well bid despite the Feds upbeat assessment of the US economy...

Currency snapshot (commodity pairs)

Jul 28, 2016 13:23 pm UTC| Commentary

Dollar index trading at 96.52 (-0.28%) Strength meter (today so far) Aussie +0.10%, Kiwi -0.10%, Loonie -0.25% Strength meter (since last week) Aussie +0.95%, Kiwi +1.24%, Loonie -0.38% AUD/USD Trading at...

3381 3382 3383 3384 3385 3386 3387 3388 3389 3390

Economy

Gold Price Today: Gold Slips as Dollar Rebounds Ahead of Fed Minutes

Gold prices edged lower on Monday as the U.S. dollar regained ground after last weeks sharp decline, with investors awaiting the Federal Reserves June meeting minutes for fresh clues on the outlook for U.S. interest rates....

Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone

The U.S. dollar strengthened modestly on Monday, recovering some of last weeks losses as the euro and British pound weakened ahead of key economic data releases and the Federal Reserves June meeting minutes. Investors...

Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market

Oil prices edged lower in early Asian trading on Monday after OPEC+ agreed to increase production targets for August, adding to expectations of stronger global crude supplies and easing concerns over disruptions in the...

US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings

U.S. stock index futures moved higher on Sunday evening as investors prepared for a key week featuring the release of the Federal Reserves June meeting minutes and the unofficial start of the second-quarter earnings...

Gold Price Rises as Softer Dollar and Fed Rate Expectations Boost Bullion Demand

Gold prices climbed during Asian trading on Monday as a weaker U.S. dollar and fading expectations of another Federal Reserve interest rate hike this year supported demand for the precious metal. The recovery extended...

Politics

China Submarine Missile Test Sparks Concern Across Asia-Pacific

China conducted a missile test from a nuclear-powered submarine into the Pacific Ocean on Monday, prompting concern from Japan, Australia, and New Zealand over regional security and military transparency. According to...

UN Rights Council Launches Sudan Probe Over RSF Violence in al-Obeid

The United Nations Human Rights Council on Monday approved a resolution condemning the escalating violence allegedly carried out by Sudans paramilitary Rapid Support Forces (RSF) in the city of al-Obeid and authorized an...

Russia Strikes Kyiv as Ukraine Faces Patriot Missile Shortage Before NATO Summit

Russia launched a massive overnight missile and drone attack on Kyiv early Monday, killing at least 12 people and injuring more than 50, as Ukraine struggled to intercept ballistic missiles due to a critical shortage of...

Sara Duterte Impeachment Trial Opens, Putting 2028 Philippine Election in Focus

The impeachment trial of Philippine Vice President Sara Duterte officially began on Monday, marking the first impeachment proceedings against a sitting vice president in the countrys history. The closely watched case is...

Flavio Bolsonaro Urges Trump to Delay Brazil Tariffs Until After 2026 Election

Brazilian Senator Flavio Bolsonaro is set to ask the Trump administration during a hearing in Washington on Monday to postpone a proposed 25% tariff on Brazilian goods until after Brazils October 2026 presidential...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone

Bank of America upgraded T-Mobile US (NASDAQ: TMUS) to Buy from Neutral on Monday, arguing that the recent selloff in telecom stocks has created an attractive buying opportunity and that investors are overstating the...

Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand

Foxconn, officially known as Hon Hai Precision Industry, reported a sharp rise in second-quarter revenue as booming demand for artificial intelligence infrastructure continued to drive growth across its cloud and...

Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook

Citi has raised its target price for Taiwan Semiconductor Manufacturing Co. (TSMC) to NT$3,800 from NT$2,875, while maintaining its Buy rating, citing stronger confidence in the chipmakers long-term growth as demand for...

AI Memory Chip Shortage Likely to Persist Despite Korea Investment Boom, Nomura Says

Concerns that a new wave of investment announcements by South Korean memory chipmakers could trigger another memory chip oversupply cycle may be exaggerated, according to Nomura analysts, who believe strong artificial...

Samsung Q2 Profit Seen Soaring as AI Memory Demand Keeps Chip Prices Elevated

Samsung Electronics is expected to report another record-breaking quarter as booming artificial intelligence (AI) demand continues to fuel higher memory chip prices and tighten global supply. Analysts estimate the South...