Menu

Search

FxWirePro: Spotlight On Mexican Central Bank, Banxico’s Rate Cut On Cards & USD/MXN Options Trades

Aug 13, 2020 13:03 pm UTC| Research & Analysis Central Banks Insights & Views

Mexicos central bank, Banxico, is expected to cut its key interest rate for the fifth consecutive time today to support the economic recovery after the pandemic-related slump. Like the consensus, we expect a further large...

FxWirePro: USD/RUB Drivers, Projections & Trade Updates

Aug 12, 2020 13:52 pm UTC| Research & Analysis Central Banks Insights & Views

The Russian rouble had weakened earlier in the spring, driven jointly by a collapse of the oil price and collapse of world economic activity. But when both these factors stabilised, the currency was able to rally...

FxWirePro: Dollar Seems Apprehensive On Fed’s Concerns, Short USD/CHF

Aug 12, 2020 10:17 am UTC| Research & Analysis Central Banks Insights & Views

Negotiations on a new economic stimulus package in the USA are still at an impasse. Since Friday there are said to have been no more direct talks between Democrats and Republicans. The markets and the Dollar are still...

FxWirePro: Kiwis tumbles as RBNZ maintains status-quo but intends for LSAP – Uphold ‘diagonal put spreads’ to hedge NZD/USD

Aug 12, 2020 07:11 am UTC| Research & Analysis Central Banks Insights & Views

The Kiwis central bank (RBNZ) left the stance of monetary policy broadly unchanged today, as widely anticipated. The RBNZs headline was that a further easing in monetary policy has been delivered. But it is further only in...

FxWirePro: Deploy ‘Diagonal Put Spreads’ To Hedge NZD/JPY Ahead of RBNZ

Aug 11, 2020 08:07 am UTC| Research & Analysis Central Banks Insights & Views

This week, RBNZs monetary policy is scheduled, although it is unlikely to be dramatic for markets, since net economic developments since May are roughly neutral, the Kiwis central bank may further expand its asset purchase...

FxWirePro: Turkish Lira Signals Further Depreciation Pressures – FxWirePro’s USD/TRY ‘Debit Call Spread’ Delivers As Desired

Aug 10, 2020 14:22 pm UTC| Research & Analysis Central Banks Insights & Views

The Turkish lira continued to sell-off towards the latter part of last week, although the momentum eased off as the weekend drew near. CBT and the banks regulator BDDK often make policy announcements such as RRR change or...

FxWirePro: Short NZD Trades Ahead of RBNZ

Aug 10, 2020 12:42 pm UTC| Research & Analysis Central Banks Insights & Views

NZD underperformed on a broad basis this week, and against both AUD and CHF. There has been little in the way of new information surrounding the RBNZs plans for potential LSAP expansion and the prospect for foreign asset...

1 2 3 4 5 6 7 8 9 10   

Economy

U.S. retail sales growth slows down slightly in July

U.S. retail sales growth decelerated in July. Sales grew 1.2 percent, slowing down from the 8.4 percent growth in June. Consensus expectations were for a growth of 1.9 percent. The volatile categories recorded mixed...

FxWirePro: Sterling Looks Weaker On Gloomy Economic & Geopolitical Surface – Deploy ‘Debit Call Spreads’ To Hedge

The Corona crisis has hit the British economy comparatively hard. In addition, Brexit risks remain high, which is why we assume that the pound will continue to remain weak against the euro. Given that the UK and EU...

Macau begins bringing back gamblers from China

Macau has started reissuing tourist visas to bring gamblers back and keep casino operators from losing $15 million daily in expenses. The coronavirus lockdowns brought a severe downturn to the number of Macaus visitors...

US to label goods from Hong Kong as 'Made in China'

Good entering the US from Hong Kong after Sept. 25 will be labeled as Made in China, according to a notice in the US Federal Register. There are limited direct exports from Hong Kong, with most of the citys shipments to...

UK suffers 20.4% economic slump in Q2

The UK economy suffered its worst slump on record in the second quarter with a 20.4 percent plunge, the biggest of any major global economy. The slump, preceded by a 2.2 percent contraction in the first quarter, sent...

Politics

Donald Trump: POTUS says UAE and Israel will establish full normalized relations in new peace deal

There has been an ongoing conflict between Israel and Palestine surrounding the West Bank with the two sides, with Israel seeking to annex the West Bank. This week, Donald Trump announced the peace deal between Israel and...

Barack Obama: Donald Trump says he would not ask Ex-POTUS to resign if his administration handled COVID-19

Former President Barack Obama, like Donald Trump, also tackled a public health crisis during his eight years as commander-in-chief. On a rare occasion, Trump recently seemed to suggest that he would not ask for his...

Melania Trump: FLOTUS may be delivering her RNC convention speech from White House Rose Garden

Donald Trump will be formally accepting the Republican party nomination as he faces reelection against former vice president Joe Biden. First lady Melania Trump is also set to address the party, and her speech may be...

Michelle Obama talks about menopause and aging in new podcast episode

The latest episode of former first lady Michelle Obamas podcast was centered on womens health specifically what happens over time. Sitting down with OB-GYN Dr. Sharon Malone, Michelle opened up about her experience of...

Science

COVID-19: Blood test could reveal how fatal coronavirus is to a patient

Since the breakout in December 2019, the coronavirus pandemic also known as COVID-19 continues to terrorize the world to this day. Scientists are increasing efforts to study and develop a possible cure, but researchers...

NASA releases image of a pink gas giant exoplanet 57 lightyears away from Earth

In the universe, the planets in our Solar System are only a fraction of the number of planets that are out there orbiting their respective stars and star systems. Some of those exoplanets are strangely amazing, and NASA...

Climate change: Arctic region may be completely thawed out by 2035, researchers claim

Alongside the COVID-19 pandemic is the fight against climate change, which is now occurring at an accelerated rate in some parts of the worlds polar regions. Unfortunately, researchers have predicted a grim outcome of the...

Asteroids: NASA reveals potentially hazardous asteroid 2011 ES4 to pass by closer than the Moon

Space agencies such as NASA are constantly on the lookout for asteroids that would wander into the Earths orbit. With the news of one particularly hazardous asteroid making its way Earthbound, NASA revealed when it will be...

Technology

Xbox Series X leaks suggest early November launch

With only a few months left before the next-generation console war happens, the gaming community can expect more leaks to surface online. Recently, various sources have pointed to a very likely chance for Xbox Series X to...

‘BioShock 4’ job offerings hint at the introduction of ‘new world’ setting

More details about the anticipated BioShock 4 have come to light recently from one of the most common sources of information within the gaming community. The games developer has several active job listings that also hint...

Pixel 5: Google’s next premium smartphone won’t feature a premium processor?

The latest entry to Qualcomms Snapdragon 8 series has usually been the processing chip expected to power every smartphone makers top-tier flagship device. While Pixel 5 is billed as Googles next premium smartphone...

AirPods 3 could be a cyclist-friendly wearable audio device in 2021

It might take a while before Apple launches the AirPods 3 but that would be worth it, especially for cyclists. A newly granted Apple patent suggests a safety-oriented feature could be added in the next-generation truly...
  • Market Data
Close

Welcome to EconoTimes

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