Menu

Search

After several years of extremely loose monetary policy, the U.S. Federal Reserve intends to start tightening, for clear reasons, markets will remain focused on the crucial event, which is set to have a major impact on almost all asset classes. Economic data releases will provide clues to the robustness of economies- some of which are vulnerable to investment outflows as higher rates make U.S. assets more attractive. Emerging economies are already struggling to support currencies hit by Fed rate hike expectations and will lead to intensified currency wars further. In this exclusive series we will provide insightful analysis and views on central banks decisions, emerging markets currencies, Fed's tools for managing monetary cycle, investment outflows, including direct government intervention, the imposition of capital controls, and, indirectly, quantitative easing.

Currency War Series

Brexit: UK pound has not crashed yet, but here's why it will probably suffer in years to come

Jan 14, 2021 04:56 am UTC| Investing

The Brexit deal has failed to have any major effect on the exchange rate of the pound since January 1. The pound has held steady against the US dollar at US$1.36 and has strengthened slightly against the euro to 1.12. This...

Currency War Series

Korean Won Weakens Sharply Due to Speculations About Kim Jong Un's Health

Apr 22, 2020 10:40 am UTC| Economy

The Korean won had fallen to a low of 1,241.15 against the US dollar Tuesday following unconfirmed reports that North Korean leader Kim Jong Un is gravely ill. The Korean won last fell to 1,229.59 per dollar. CNN...

Currency War Series

Currency manipulation and why Trump is picking on Brazil and Argentina

Dec 04, 2019 11:24 am UTC| Insights & Views Economy

President Donald Trump slapped new tariffs on Brazil and Argentina after accusing them of manipulating their currencies to boost exports. It wasnt the first time Trump has labeled another country a currency manipulator...

Currency War Series

Turkey’s homemade currency crisis has truly global implications

Aug 16, 2018 19:57 pm UTC| Insights & Views

Turkeys recently reelected president, Recep Tayyip Erdoğan, is blaming the sudden and dramatic decline of the Turkish lira on an international conspiracy, variously railing against an economic war and a currency plot. On...

Currency War Series

Brazilian central bank likely to cut key rate by 100 bps, says Commerzbank

Apr 12, 2017 07:02 am UTC| Commentary Central Banks Economy

The Brazilian central bank is expected to cut its key rate by an impressive 100 basis points tonight; that is certainly what a poll amongst analysts would suggest. Some are even expecting 125bp. The development of the rate...

Currency War Series

Northeast Asian nations undertake efforts to avoid being named 'currency manipulator', says Scotiabank

Feb 13, 2017 06:02 am UTC| Commentary

China, Japan and Korea and another three major trading partners of the U.S. were placed on the Monitoring List in the semi-annual report on International Economic and Exchange Rate Policies released by U.S. Treasury...

Currency War Series

Brazilian central bank slashes interest rate, citing Trump-related global uncertainties

Dec 01, 2016 06:07 am UTC| Commentary Central Banks Economy

The central bank of Brazil has slashed interest rates in the monetary policy meeting held Wednesday, as was widely expected by market participants, citing US President-elect Trump-related global uncertainties that are...

1 2 3 4 5 6 7 8 9 10   

Economy

JPMorgan leans on trading, investment banking to boost profits

JPMorgan Chase Cos net income rose to $12.1 billion, or $3.79 per share, in the quarter ended Dec. 31, from the previous years $8.5 billion, or $2.57 per share. The performance also surpassed its expected earnings of...

Xi Jinping urges Starbucks and its chairman emeritus Howard Schultz to help improve US-China ties

Xi Jinping, the president of the Republic of China, reportedly called on Starbucks to help patch things up and restore its ties with the U.S. To be more exact, the Chinese president was said to have asked the former CEO of...

French govt opposes foreign group's takeover of Carrefour

France is opposing any takeover of retailer Carrefour by a foreign company to preserve its food security and sovereignty, said French Finance Minister Bruno Le Maire. According to Maire, the acquisition by a foreign...

Electric car sales in China reportedly skyrocket by 10%

The electric car market in China is growing, and in fact, it was reported that the country achieved a 10% increase in its EV sales last year. The data was only revealed this week as the computation of sales cant be...

S. Korea approves Netherlands-based brokerage IMC to do business locally

Netherlands-based brokerage house IMC was green-lighted by the Financial Services Commission (FSC) to operate a financial investment and brokerage business in South Korea on the condition that its subsidiary serves as a...

Politics

Donald Trump impeached by House for the second time

The attempt to pressure Ukraine into digging up dirt on Joe Biden and his son Hunter Biden led to Donald Trump getting impeached in 2019. In his final days as president, Trump has been impeached by the House the second...

Donald Trump humiliated: Former Australian Prime Minister Malcolm Turnbull blasted for Capitol riots

The world was shaken by the insurrection done by rioters in support of Donald Trump at the Capitol that has forced world leaders to speak out. This also includes former Australian prime minister Malcolm Turnbull, who...

Joe Biden foreign policy: POTUS-elect inherits diplomatic conflicts left by outgoing administration

It is no secret that president-elect Joe Biden will inherit a lot of problems either created or unresolved by the Trump administration. However, recent moves in foreign policies by the outgoing administration may be left...

Joe Biden inauguration: POTUS-elect will no longer take Amtrak to ceremony out of security concerns

President-elect Joe Biden is known for his preference of taking the Amtrak train from his home in Delaware and to Washington over the years. However, in his upcoming inauguration, Biden may not be able to take the train to...

Science

Mars mission: NASA scientist says Martians can help humans live on Red Planet

Being able to live on Mars is one of the goals that space agencies all over the world have when it comes to exploring the red planet in future Mars missions. Although it may take a while to figure out how we may be able to...

Black holes: Albert Einstein's theory may save Earth from wandering black holes

Black holes are one of the most mysterious objects in the universe and were first brought up by renowned scientist Albert Einstein. With the possibility of wandering black holes being able to consume our own planet, the...

Asteroid alert: 16-meter space rock to pass by Earth on New Year weekend

With days to go until the Earth completes another year around the Sun, it appears that the universe also has plans to celebrate the new year along with us. An asteroid is set to pass by our planet a few days after the new...

Four ways microbial fuel cells could revolutionise electricity production in the future

The world population is estimated to reach 9.5 billion by 2050. Given that most of our current energy is generated from fossil fuels, this creates significant challenges when it comes to providing enough sustainable...

Technology

PS5 restocks available on Jan. 15 via Sony Rewards

PlayStation fans are getting another chance at finally scoring a unit of the new-gen console PlayStation 5 this week. Sony announced that it has a scheduled restock before the weekend. Where to look for the next PS5...

Signal, Telegram record higher app downloads than WhatsApp over the last week

WhatsApps privacy policy changes have sparked discussions on the types of user data being collected and how messaging apps handle them. The discussions have likely helped Telegram and Signal gain momentum in app downloads...

Netflix could add spatial audio support by spring 2021, report claims

Netflix could be joining other streaming platforms in offering spatial audio support to users with the necessary devices. The upcoming feature was reportedly being testing and planned to be released within the first half...

Samsung Galaxy SmartTag ships on Jan. 29, followed by SmartTag+ ‘later this year’

Samsung just announced a series of tracking devices with two variants using different types of wireless connections. First to launch this month is the Galaxy SmartTag that will be an apparent Tile tracker competitor....
  • Market Data
Close

Welcome to EconoTimes

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