Menu

Search

FxWirePro: The Day Ahead- 24th March 2017

Mar 24, 2017 05:21 am UTC| Commentary Central Banks

Lots of economic dockets and events scheduled for today but all with low to medium volatility risks associated. Data released so far: Japan: Nikkei flash manufacturing PMI declines to 52.6 in March from 53.3 in...

Australian bonds snap rally tracking weakness in U.S. Treasuries, higher equities

Mar 24, 2017 05:10 am UTC| Commentary Economy

The Australian bonds snapped rally on the last trading day of the week, tracking weakness in the U.S. counterpart and as investors poured into riskier assets, including equities and crude oil. Also, upbeat retail sales...

Asian markets continue to trade higher, gold stabilizes below $1,250

Mar 24, 2017 04:28 am UTC| Commentary

All the major Asian indices were trading higher on last trading day of the week. On the other side, gold was trading around $1,243 mark while silver was trading around $17.57 marks. From the economic data point of view,...

Malaysia's economy likely to expand at a faster pace in 2017 - Bank Negara

Mar 23, 2017 17:00 pm UTC| Commentary Central Banks

Bank Negara Malaysia (BNM) in its annual report released on Thursday said that it expects Malaysias economy to expand at a faster pace in 2017 on account of recovery in global commodity prices and the continued growth of...

RBNZ expects outlook to be shaped by considerable uncertainty, to stay pat until mid-2018

Mar 23, 2017 16:18 pm UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) at policy meeting on Thursday, left the Official Cash Rate unchanged at 1.75 percent and reiterated that interest rates will remain low for a considerable time. The policy statement...

UK retail sales rebound stronger than expected in Feb, outlook remains weak

Mar 23, 2017 14:58 pm UTC| Commentary

U.K. retail sales beat expectations in February, rose by 1.4 percent m/m after a downwardly-revised 0.5 percent dip in the previous month, data published by Office for National Statistics showed on Thursday. Data suggested...

Turkey consumer confidence beats expectations, rises to 67.8 in March

Mar 23, 2017 13:49 pm UTC| Commentary

Data released by the Turkish Statistical Institute showed Thursday that Turkeys consumer confidence strengthened unexpectedly in March, after weakening in the previous month. Turkeys consumer confidence index rose to 67.8...

  2381 2382 2383 2384 2385 2386 2387 2388 2389 2390   

Economy

Asian Currencies Trade in Tight Range as Dollar Steadies; Yen Slips on Weak Japan GDP

Asian currencies moved within a narrow range on Monday as thin holiday trading and steady U.S. dollar performance limited major price swings. Market closures in China, Taiwan, and South Korea reduced regional liquidity,...

Asian Stock Markets Trade in Narrow Range as Japan GDP Misses Forecasts, Hang Seng Gains

Asian stock markets traded in a tight range on Monday as a week-long Lunar New Year holiday in China reduced regional trading volumes, while weak Japanese GDP data pressured Tokyo equities. Market participation was further...

Ukraine Secures $8.2 Billion IMF Loan as Tax Conditions Are Eased

Ukraines government has reached a revised agreement with the International Monetary Fund (IMF) on a new $8.2 billion lending program, easing several previously proposed conditions, including politically sensitive tax...

BOJ Governor Ueda Meets PM Takaichi as Markets Eye Possible Rate Hike

Bank of Japan Governor Kazuo Ueda and Prime Minister Sanae Takaichi are set to hold their first bilateral meeting on Monday since the ruling partys landslide election victory, a discussion that could shape expectations for...

Yen Pulls Back After Rally as Fed Rate Cut Bets Support Dollar Stability

The Japanese yen began the week slightly weaker against the U.S. dollar after posting its strongest weekly gain in more than a year. The currency eased 0.2% to 153.07 per dollar in early Monday trading, following a nearly...

Politics

Zelenskiy Urges Stronger Sanctions as U.S.-Brokered Ukraine-Russia Peace Talks Near

Ukrainian President Volodymyr Zelenskiy expressed cautious optimism ahead of U.S.-brokered peace talks between Ukraine and Russia scheduled in Geneva next week. Speaking at the Munich Security Conference, Zelenskiy said he...

Rubio Reaffirms Transatlantic Alliance at Munich Security Conference Amid Ukraine and Russia Tensions

U.S. Secretary of State Marco Rubio described the United States as a child of Europe during a closely watched speech at the Munich Security Conference, aiming to reinforce transatlantic unity after a turbulent year in...

EU Divided on Setting 2027 Timeline for Ukraine Membership Amid Ongoing War

European Union foreign policy chief Kaja Kallas has indicated that EU member states are not prepared to offer Ukraine a concrete timeline for joining the bloc, despite renewed calls from Ukrainian President Volodymyr...

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro

Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...

Europe Rethinks NATO as U.S. Policy Shifts Shake Transatlantic Alliance

European leaders signaled a turning point in transatlantic relations at the Munich Security Conference, as European Commission President Ursula von der Leyen warned that some lines have been crossed that cannot be...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement

Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...

OpenAI Hires OpenClaw Creator Peter Steinberger to Advance Next-Generation AI Agents

OpenAI has hired Peter Steinberger, the creator of the open-source artificial intelligence agent OpenClaw, according to CEO Sam Altmans announcement on social media Sunday. The move follows OpenClaws recent surge in...

Vietnam Approves SpaceX Starlink Satellite Internet Service Amid U.S. Trade Talks

Vietnam has officially granted SpaceX permission to deploy its Starlink satellite internet service in the country, marking a significant step in expanding high-speed connectivity across Southeast Asia. According to state...

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...
  • Market Data
Close

Welcome to EconoTimes

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