Menu

Search

Riksbank unlikely to hike before February 2019; sustained inflation uptrend could trigger a rate hike sooner

Dec 07, 2017 12:04 pm UTC| Insights & Views

Swedens Riksbank is set to decide policy rate at meeting on December 20th. At its October 26 meeting, the central bank maintained its policy rate at -0.50 percent and delayed making a decision on its government bond...

FxWirePro: Trade in crude strangles on vol drop after OPEC and EIA

Dec 07, 2017 10:58 am UTC| Research & Analysis Insights & Views

This weeks report was bullish for crude and bearish for gasoline and distillate. Total commercial crude and refined product stocks drew by 2.5 Mb to 1249.6 Mb. The stockdraw was led by a 5.6 Mb decline in crude oil stocks....

FxWirePro: AUD/USD bearish neutral risk reversals and 1m skews indicate bearish risks, Tepid IVs signal theta shorts in PRBS ahead of Fed

Dec 07, 2017 10:03 am UTC| Research & Analysis Insights & Views

OTC outlook and options strategy: Please be noted that the positively skewed IVs of 1m tenors signify the hedgers interests to bid OTM put strikes upto 0.7425 levels (refer above diagram). While bearish neutral delta...

FxWirePro: Deploy short hedges on narrowed Aussie trade surplus

Dec 07, 2017 08:35 am UTC| Research & Analysis Insights & Views

Australias trade surplus narrowed 93 percent to AUD 0.1 billion in October of 2017 from a downwardly revised AUD 1.60 billion in the prior month and way below market expectations of AUD 1.4 billion. It was the smallest...

FxWirePro: BTC skyrockets the pace on the brink of derivatives market developments

Dec 07, 2017 07:47 am UTC| Digital Currency Research & Analysis Insights & Views

Lets just know as to how the Bitcoin price (or any other cryptocurrencies) seems to have exceeded the expectations briefly for the first time in this week before we proceed further with why it has shown such a movement;...

FxWirePro: AUD/USD continues bearish streaks after shooting stars, major trend back in action – Tunnel spreads to trade and short hedge

Dec 07, 2017 06:43 am UTC| Technicals Insights & Views

Shooting stars have occurred at 0.7602 and 0.7606 levels. Consequently, the prices have begun plummeting. For now, the current prices well below DMAs, bearish DMA crossover signals extension of dips, dont expect sharp...

FxWirePro: Wise to buy straddles Euro rates on hedging grounds

Dec 06, 2017 12:36 pm UTC| Research & Analysis Insights & Views

Demand/Supply equation: On the demand side, investment grade retail funds saw an inflow of 800mm (0.6% of AUM) last week. This was a reduction from the record inflows of 1.6bn last week. While last week saw a solid 10.7bn...

  1821 1822 1823 1824 1825 1826 1827 1828 1829 1830   

Economy

Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens

Turkeys automotive market lost momentum in June, with total vehicle sales declining compared to the same period last year, reflecting softer demand across both passenger cars and light commercial vehicles. The latest...

South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan

South Korea signaled heightened vigilance over its currency market on Thursday, with Vice Finance Minister Huh Chang saying the government is maintaining close communication with Japan and other major partners on foreign...

US Resumes Dollar Shipments to Iraq After Months-Long Suspension

The United States has resumed limited shipments of U.S. dollars to Iraq after a months-long suspension, according to a report by The New York Times citing two senior aides to Iraqi Prime Minister Mohammed Shia al-Sudani....

Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes

The Trump administration has declined to renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form, triggering a 10-year countdown that keeps the North American trade pact in force while negotiations continue over...

Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report

Asian currencies traded in a narrow range on Thursday as the U.S. dollar remained close to a 13-month high, with investors awaiting the closely watched U.S. nonfarm payrolls report for fresh clues on the Federal Reserves...

Politics

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report

Europes semiconductor industry faces mounting challenges from Chinese export controls, heavy reliance on U.S. technology, and persistent structural weaknesses, leaving the region with a difficult outlook unless it...

NRC Proposes Radiation Rule Changes to Boost U.S. Nuclear Power Expansion Under Trump

The U.S. Nuclear Regulatory Commission (NRC) on Wednesday unveiled a proposal to revise long-standing radiation protection rules, a move that aligns with the Trump administrations broader strategy to accelerate nuclear...

Trump Vows U.S. Will Prevent China From Taking Over the Panama Canal

U.S. President Donald Trump declared on Wednesday that the United States will not allow China to take control of the Panama Canal, underscoring Washingtons continued focus on one of the worlds most strategically important...

US Envoy Urges Taiwan to Build ‘Hornet’s Nest’ Drone Defense Against China

Taiwan should rapidly expand its drone capabilities to strengthen deterrence against potential conflict with China, the top U.S. representative to the island said on Thursday, underscoring growing support for Taipeis...

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

Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027

Apple is reportedly preparing one of its most ambitious iPhone product cycles in years, with plans to significantly expand its smartphone lineup through 2027 while increasing production targets for its highly anticipated...

Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production

Samsung Group has unveiled a major investment plan worth 140 trillion won (approximately $90 billion) to strengthen South Koreas technology manufacturing sector, with a strong focus on artificial intelligence (AI),...

Super Micro Employees Detained in Taiwan AI Server Export Investigation

Super Micro Computer (NASDAQ: SMCI) said two employees at its Taiwan subsidiary have been detained pending a court hearing, while two others were released on bail after being questioned in an investigation into the alleged...

Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch has reportedly launched a private funding round led by venture capital giant Andreessen Horowitz, aiming to raise approximately $2 billion in fresh capital at a valuation approaching $50...

ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says

Indias ShareChat is preparing for a potential initial public offering (IPO) next year that could raise up to $400 million, according to a Bloomberg News report citing the companys chief financial officer. The move would...
  • Market Data
Close

Welcome to EconoTimes

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