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

Become a contributor

Bookmark Econotimes

Commentary

Tue, May 05, 2026 02:00 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

EUR/SEK likely to fall to 9.40 by 2016-end

Aug 15, 2016 12:38 pm UTC| Commentary

The Swedish krona has been the worst performing currency this year against euro, excluding the pound. The higher movement in the EUR/SEK pair can partially be explained by the shift in interest rates. But the weakness of...

UK CPI inflation likely accelerated in July

Aug 15, 2016 12:22 pm UTC| Commentary

The stable upward movement in UKs CPI inflation is likely to have continued in July. An upward distortion from air fares happened in July that usually takes place and is likely to be at least partly reversed in this months...

Bank of England likely to further cut bank rate in November

Aug 15, 2016 12:19 pm UTC| Commentary Central Banks

The Bank of Englands policy announcement in August saw the Monetary Policy Committee vote for a multifaceted policy package as a reaction to the altered economic outlook after the Brexit vote. The stimulus package included...

Currency snapshot (major pairs)

Aug 15, 2016 12:13 pm UTC| Commentary

Dollar index trading at 95.61 (-0.16%) Strength meter (today so far) Euro +0.29%, Franc -0.16%, Yen +0.18%, GBP -0.10% Strength meter (since last week) Euro +1.09%, Franc +0.79%, Yen +0.58%, GBP -0.54% EUR/USD...

Expansionary monetary policy to underpin Swedish economy in 2016

Aug 15, 2016 11:42 am UTC| Commentary

Swedens economy was not able to sustain the high growth rates that were seen last year. Even if domestic demand continues to be robust and is expected to remain a vital driver of growth in the quarters ahead, worries...

GBP/EUR likely to gradually move higher towards 1.19 by 2016-end

Aug 15, 2016 11:40 am UTC| Commentary

The fall in GBP/EUR since the UKs vote to leave the European Union is estimated to have left the sterling around 10 percent undervalued, noted Lloyds Bank in a research report. This divergence partially reflects the...

Widening yield spread adds pressure on sterling against euro

Aug 15, 2016 11:38 am UTC| Commentary

The euro has moved to a new post-referendum high against the sterling, which is also the highest level for the pair (EUR/GBP) since August 2013. As the UK gilts take a sharp turn up and yields plunge the yield spread...

3311 3312 3313 3314 3315 3316 3317 3318 3319 3320

Economy

Copper Prices Hold Near Three-Week Low Amid Strong Dollar and Global Slowdown Fears

London copper prices stabilized on Tuesday after earlier slipping to a three-week low, as market sentiment remained pressured by a strengthening U.S. dollar and growing concerns over a potential global economic slowdown....

RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions

The Reserve Bank of Australia (RBA) increased its benchmark interest rate by 25 basis points to 4.35% on Tuesday, a move widely anticipated by markets. The decision reflects growing concerns over inflation, particularly as...

Asian Currencies Hold Steady as RBA Rate Hike and Middle East Tensions Shape Market Sentiment

Asian currencies traded in a narrow range on Tuesday as investors remained cautious amid escalating geopolitical tensions between the United States and Iran, while also focusing on central bank policy signals. Market...

European Stocks Volatile as U.S.-Iran Tensions Threaten Oil Supply and Global Markets

European stock markets showed volatility on Tuesday as escalating tensions between the United States and Iran raised concerns about global oil supply disruptions and economic stability. The pan-European Stoxx 600 index...

Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress

Irans Foreign Minister Seyed Araghchi has cautioned that escalating military actions will not resolve the ongoing Hormuz crisis, emphasizing instead the importance of diplomatic negotiations. In a recent statement,...

Politics

NATO Tensions Rise as Trump Reduces U.S. Troops in Germany

European leaders are intensifying diplomatic efforts to keep the United States committed to NATO as tensions escalate following President Donald Trumps controversial decision to withdraw 5,000 U.S. troops from Germany....

Dominican Republic Halts GoldQuest Mining Project Amid Environmental Protests

The Dominican Republic has ordered the suspension of all activities tied to GoldQuest Minings proposed gold and copper development, following large-scale protests driven by environmental concerns. President Luis Abinader...

South Korea Probes Explosion on HMM Vessel in Strait of Hormuz Amid Rising Tensions

South Korea announced an investigation into the cause of an explosion and fire aboard a South Korean-operated cargo ship in the Strait of Hormuz, a critical global shipping route. The incident, which occurred on Monday,...

Armed Suspect Shot Near White House After Firing at Secret Service Officers

A tense security incident unfolded near the White House on Monday when U.S. Secret Service officers confronted an armed and suspicious individual, leading to an exchange of gunfire and a brief lockdown of the area....

Rudy Giuliani Hospitalized in Critical but Stable Condition After Pneumonia

Former New York City Mayor Rudy Giuliani is recovering in a Florida hospital after being diagnosed with pneumonia, according to his spokesperson. The 81-year-old political figure remains in critical but stable condition,...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Intel Emerges as Key Contender in Apple’s Chip Manufacturing Strategy Shift

Apple Inc. (NASDAQ: AAPL) is reportedly exploring new partnerships with Intel Corp. (NASDAQ: INTC) and Samsung Electronics (KS: 005930) to manufacture its main processors, signaling a potential shift in its long-standing...

Palantir Reports Record Growth, Raises 2026 Revenue Outlook Above Expectations

Palantir Technologies delivered its strongest sales growth since going public, reporting impressive first-quarter 2026 results that exceeded Wall Street expectations and boosted investor confidence. The company announced...

Anthropic Secures $1.5B AI Venture Backed by Wall Street Giants, Shaking Software Sector

Anthropic has reportedly secured $1.5 billion in funding for a new artificial intelligence joint venture backed by major Wall Street firms, signaling a significant shift in the AI and enterprise software landscape....

Meta Plans $13B AI Data Center Financing in Texas Amid Surging Big Tech Investment

Meta Platforms is reportedly partnering with Morgan Stanley and JPMorgan Chase to secure a massive $13 billion financing package for its planned data center in El Paso, Texas. According to sources cited by Reuters, the...

Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market

Anthropic is reportedly nearing completion of a major $1.5 billion joint venture with leading financial institutions, including Blackstone and Goldman Sachs, aimed at expanding the use of artificial intelligence tools...