Menu

Search

FxWirePro: Buy USD/CNH at dips targeting 7.06 area

Jun 26, 2019 14:25 pm UTC| Commentary

As the U.S. Federal Reserve signaled a 50 bps rate cut going ahead, the U.S. yields moved lower pushing the 2-year yield spread (U.S. -China) lower. The USD/CNH has responded to the decline in the yield spread by sharply...

Malaysian headline inflation remains unchanged in May, likely to rise sharply towards 2 pct in June

Jun 26, 2019 14:16 pm UTC| Commentary

Malaysian headline inflation continued to be the same in May. On a year-on-year basis, the consumer price inflation remained the same at 0.2 percent, the same as the previous month. On a sequential basis, CPI rose 0.2...

API reports large draw while market awaits EIA report

Jun 26, 2019 14:02 pm UTC| Commentary

Oil benchmarks are moving higher with pace as supply/demand fundamentals are catching up amid geopolitical uncertainties surrounding Venezuela, Libya, and Iran. Key factors at play in the crude oil market OPEC...

Bank of Thailand keeps policy rate on hold, lowers growth forecast

Jun 26, 2019 13:17 pm UTC| Commentary Central Banks

The Bank of Thailand stood pat during its meeting today. The central bank, in a unanimous decision, kept the policy rate at 1.75 percent. However, the BoT lowered its 2019 growth forecast to 3.3 percent from 3.8 percent,...

U.S. Treasuries plunge ahead of 5-year auction, FOMC member Daly’s speech

Jun 26, 2019 11:31 am UTC| Commentary Economy

The U.S. Treasuries plunged during Wednesdays afternoon session, ahead of a busy day for economic data that brings the advance goods trade and inventories figures for May, as well as durable goods orders data for the same...

FxWirePro: GBP/USD upside correction is not over

Jun 26, 2019 10:51 am UTC| Commentary

After reaching 1.278 area, riding on a weaker USD, the pound is down since yesterday. However, our calculations suggest that this is unlikely to be a resumption of the broader downtrend. We have already suggested that...

German bunds suffer as investors await eurozone’s June consumer price inflation data

Jun 26, 2019 10:14 am UTC| Commentary Economy

The German bunds suffered during European trading session Wednesday ahead of the countrys and eurozones consumer price inflation (CPI) data for the month of June, scheduled to be released on June 27 and 28 by 12:00GMT and...

  341 342 343 344 345 346 347 348 349 350   

Economy

Kremlin Says New EU Sanctions Won’t Hurt Russian Banks

The Kremlin has dismissed concerns over the European Unions latest sanctions proposal, stating that additional restrictions on Russian banks are unlikely to disrupt the countrys financial sector or reduce bank...

Pakistan Economy Grows 3.7% in FY2026 Amid Strong Fiscal Performance

Pakistans economy is projected to expand by 3.7% in the fiscal year ending June 2026, according to the countrys annual economic survey released on Thursday. The report highlights improving macroeconomic indicators, lower...

European Stocks Rise Ahead of ECB Rate Decision as Investors Buy the Dip

European stocks moved higher on Thursday as investors returned to the market to buy undervalued shares following several weeks of pressure caused by persistent higher-for-longer interest rate expectations. Market...

US Stock Futures Rally as U.S.-Iran Peace Talks Boost Market Sentiment Despite Ongoing Strikes

U.S. stock index futures climbed sharply on Thursday as reports of ongoing peace negotiations between the United States and Iran helped ease investor concerns over escalating Middle East tensions. The positive developments...

ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns

The European Central Bank (ECB) is expected to end its year-long pause on interest rate increases this Thursday, signaling a more hawkish stance as rising energy costs and persistent inflation continue to challenge the...

Politics

Xi’s North Korea Visit Strengthens Ties and Elevates Kim Jong Un’s Global Standing

Chinese President Xi Jinpings recent two-day visit to North Korea marked a significant diplomatic milestone, with both Beijing and Pyongyang portraying the trip as a major success. The visit reinforced the growing...

U.S.-Iran Peace Talks Continue Despite Escalating Military Strikes

The United States and Iran continued negotiations over a potential peace agreement overnight, even as both countries exchanged military strikes for a second consecutive day, according to reports from CNN and Reuters....

FBI Faces Historic Security Challenge Ahead of 2026 FIFA World Cup

The FBI is preparing for what Director Kash Patel describes as one of the largest security operations in U.S. history as the 2026 FIFA World Cup kicks off. With 48 teams, 36 base camps, 11 stadiums, and an estimated 3...

G7 Summit 2026 to Focus on Middle East Conflicts, Ukraine War, and Global Economic Challenges

The upcoming G7 Summit, scheduled for June 1517 in Evian-les-Bains, France, is expected to be dominated by discussions on the wars in the Middle East and Ukraine, as leaders seek to maintain unity amid growing geopolitical...

Keiko Fujimori Narrowly Leads Peru Presidential Election as Overseas Votes Shift Race

Keiko Fujimori has regained a razor-thin lead in Perus closely contested presidential election, as overseas ballots pushed the conservative candidate ahead of her leftist rival Roberto Sanchez in one of the tightest races...

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

SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans

SK Hynix shares recovered from early losses on Thursday after reports revealed the companys ambitious plan to significantly expand its wafer production capacity over the next decade. The South Korean memory chip...

OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic

OpenAI is reportedly considering major price cuts for its artificial intelligence services as competition in the AI industry continues to intensify. According to a Wall Street Journal report citing sources familiar with...

Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027

Oracle Corporation (NYSE: ORCL) delivered stronger-than-expected fiscal fourth-quarter 2026 results, surpassing Wall Street estimates on both earnings and revenue. Despite the positive performance and improved annual...

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...
  • Market Data
Close

Welcome to EconoTimes

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