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Central Banks

Wed, Oct 07, 2026 08:08 PM All times are UTC

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Bank Negara Malaysia keeps interest rate on hold, unlikely to change policy settings in 2017

Sep 07, 2017 17:57 pm UTC| Commentary Central Banks

Malaysian central bank, Bank Negara Malaysia, kept its key interest rate on hold on Thursday. The Overnight Policy Rate was kept unchanged at 3 percent. The central bank, in its policy statement, highlighted on the...

ECB keeps monetary policy on hold, decision on changes to policy likely to be made in October

Sep 07, 2017 16:24 pm UTC| Commentary Central Banks

As widely expected, the European Central Bank kept its monetary policy on hold during its meeting today, leaving interest rate on its refinancing operations, marginal lending facility, and its deposit facility on hold at 0...

FxWirePro: Stay short in GBP/SEK with ideal risk-reward profiling on cautious Riksbank

Sep 07, 2017 12:27 pm UTC| Central Banks Research & Analysis Insights & Views

The Riksbank remains cautious. It is still saying nothing about the end of the government bond purchasing programme at the end of the year and does not envisage a rate hike before mid-2018. Consequently, the interest...

FxWirePro: Hype or fact? Euro gains upside traction in spot and OTC markets ahead of ECB

Sep 07, 2017 10:34 am UTC| Central Banks Research & Analysis Insights & Views

We head into the ECB with prices still within 1.1820 support and the 1.1980 reactions high from last week, currently, gaining upside traction with prevailing spot price at 1.1976 levels. We consider that the 1.20-1.23 area...

FxWirePro: What to expect from ECB ahead?

Sep 07, 2017 09:00 am UTC| Commentary Central Banks

Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by a press conference at 12:30 GMT. The meeting is to be held in Frankfurt, Germany. Current...

Loonie’s OTC bids to substantiate optimistic BoC’s hiking policy – FxWirePro’s 1st target achieved, on verge of 2nd target

Sep 07, 2017 07:45 am UTC| Central Banks Research & Analysis Insights & Views

The Bank of Canada today hiked its interest rate by 25 bp to 1.00%. This took the market by surprise CAD rallied sharply with USDCAD falling below 1.22. Since May, CAD has appreciated by more than 12% against USD. We fear...

BNM likely to leave overnight policy rate (OPR) unchanged at 3.00 pct, says Scotiabank

Sep 07, 2017 06:45 am UTC| Commentary Central Banks Economy

Bank Negara Malaysia (BNM) is expected to leave its overnight policy rate (OPR) unchanged at 3.00 percent given the nations strong economic growth and benign inflation outlook. Malaysias economy grew 5.8 percent y/y in the...

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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...