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

Become a contributor

Bookmark Econotimes

Central Banks

Wed, Oct 07, 2026 06:12 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Fundamentals to watch out for this week

Nov 06, 2017 12:16 pm UTC| Commentary Central Banks

This week is a quite heavy with volatility risks, both in terms of data and events. What to watch for over the coming days: Central banks: Reserve Bank of Australia (RBA) will announce interest rate decision...

FxWirePro: Offload euro longs and upsize dollar via EUR/USD call spreads and bid USD/CHF risk reversals

Nov 06, 2017 10:39 am UTC| Research & Analysis Insights & Views Central Banks

Scale back EUR longs and increase USD longs: Rotate long EURCHF into long USDCHF via risk reversal; keep EURUSD call spread The much-awaited ECB meeting was modestly dovish and with it, Draghi was able to deliver euro...

Fed Hike aftermath Series: Hike probabilities over next 12 months

Nov 06, 2017 07:19 am UTC| Commentary Central Banks

Hike probability sharply spiked after last FOMC meeting, where projection material showed that the U.S. Federal Reserve is still projecting one more hike for 2017, which is likely to be December. The November FOMC...

FxWirePro: The Day Ahead- 6th November 2017

Nov 06, 2017 04:36 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today but all with low to medium volatility risks associated. Data released so far: Australia: TD securities inflation up 0.3 percent in October, up 2.6 percent from...

Sterling plummets as BoE signals ‘one and done’ rate hike, Brexit negotiations remain the key determinant

Nov 03, 2017 10:24 am UTC| Central Banks

The Bank of England (BoE) raised its key rate by 25 bp to 0.50% for the first time since 2007. In addition, the central bank left the asset purchase facility unchanged at 435 billion and the purchases of corporate bonds at...

FxWirePro: Hedging perspectives in G7 FX space during pre and post-central banks’ actions

Nov 03, 2017 10:05 am UTC| Central Banks Research & Analysis Insights & Views

From a vol perspective however, there is little value in positioning for this constructive baseline with implied vols only a whisker away from 2Q17 cycle lows and investors already more than well-positioned for the same...

FxWirePro: Fed repricing stimulates bullion bears – Stay short in Gold futures of far-month tenors

Nov 03, 2017 09:23 am UTC| Research & Analysis Insights & Views Central Banks

A possible bottoming out in inflation and the Fed repricing of a December hike are outright bearish and gold should rebase lower. To this end, the median Fed participant continues to look for one more hike this year (in...

391 392 393 394 395 396 397 398 399 400

Economy

Crypto Market Selloff Wipes Out $100B as Bitcoin Falls Below $83K

The crypto market extended its selloff on Wednesday, wiping out more than $100 billion in value over 24 hours and pushing total market capitalization back to around $2.9 trillion. Despite the decline, investor sentiment...

RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks

The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.50% on Wednesday, delivering its first interest rate hike since February 2023 as policymakers respond to rising inflation risks and...

European Stocks Fall as Oil Rises Ahead of Fed Minutes

European shares moved lower on Wednesday as investors took profits following recent gains, with rising crude oil prices and caution ahead of the Federal Reserves meeting minutes weighing on market sentiment. The...

US Stock Futures Flat as Fed Minutes, Earnings Loom

U.S. stock futures were largely unchanged in Asian trading Wednesday after the SP 500 and Nasdaq Composite reached record closing highs, with investors awaiting Federal Reserve meeting minutes and the upcoming...

Asian Currencies Mixed as Yen Weakens, Dollar Holds Firm

Asian currencies traded mixed on Wednesday as the U.S. dollar remained near recent highs, while the Japanese yen weakened toward 158 per dollar amid uncertainty over the Bank of Japans policy outlook and renewed concerns...

Politics

Houthis Strike Aden Airport as Yemen Fighting Escalates

Houthi forces launched ballistic missiles and explosive drones at Aden International Airport early Wednesday as fighting intensified between the Iran-aligned group and Yemens Saudi-backed government. Yemens Transport...

Rapidus Seeks Chip Customers as Japan Pushes 2nm Semiconductor Revival

Japans Rapidus is expanding partnerships with global chip design companies as the state-backed semiconductor manufacturer races to secure customers for its planned 2-nanometre production facility. Backed by roughly $15...

Vance Demands Iran Cut Nuclear Enrichment to End War

US Vice President JD Vance said Iran must significantly reduce its nuclear enrichment capacity before Washington will agree to end the seven-month US-Iran war, stressing that concrete action rather than diplomatic...

North Korea Slams US Taiwan Arms Sales, Reaffirms Russia Support

North Korea has criticized the United States for supplying weapons and military support to Taiwan, accusing Washington of increasing tensions across the Taiwan Strait as Pyongyang also reaffirmed its backing for Russia. In...

Iran Tanker Attacks Surge as Hormuz Oil Flows Near Prewar Levels

Iran has intensified attacks on tankers in the Strait of Hormuz even as oil shipments through the crucial waterway recover toward levels seen before the war, raising fresh concerns over Middle East energy security. UK...

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

DogecoinVM Makes DOGE Transactions 300x Faster

Fintech company Metallicus has launched an alpha version of DogecoinVM on mainnet, introducing a payment layer designed to make Dogecoin transactions significantly faster without altering the cryptocurrencys underlying...

Zcash Privacy Demand Rises as AI Exposes Bitcoin Transactions

Zcash is gaining renewed attention as artificial intelligence makes it easier to trace Bitcoin transactions and connect public wallet activity with real-world identities, strengthening demand for privacy-focused...

Intel Reaffirms Role in Elon Musk’s Terafab Chip Project

Intel will continue working with Elon Musk on the ambitious Terafab semiconductor project, CEO Lip-Bu Tan said, reaffirming the U.S. chipmakers role despite speculation that Taiwan Semiconductor Manufacturing Co. (TSMC)...

LG Electronics Shares Slide as Q3 Profit Misses Estimates

LG Electronics shares dropped sharply on Wednesday after the South Korean technology giant reported preliminary third-quarter operating profit that fell short of market expectations, despite delivering solid year-on-year...

JPMorgan CEO Jamie Dimon Warns Mythos AI Raises Cyber Risk Tenfold

JPMorgan Chase CEO Jamie Dimon has warned that advanced artificial intelligence systems are dramatically increasing cybersecurity risks for global banks, calling cyberattacks the financial giants biggest threat. Speaking...