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

Become a contributor

Bookmark Econotimes

Commentary

Sat, Jun 29, 2024 12:11 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Daily outlook for AUD/USD

Jun 10, 2015 21:23 pm UTC| Commentary

Westpac Research notes:AUD/USD 1 day: Remains in a 0.7600-0.7800 range for now.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months. The next major...

Daily outlook for AU rates

Jun 10, 2015 20:58 pm UTC| Commentary

Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.20% while the 10yr should open around 3.42%.AU swap yields 1-3 month: The 10yr should continue to rise, following US yields, and targets above...

Daily outlook for NZ rates

Jun 10, 2015 20:57 pm UTC| Commentary

Westpac Research notes:NZ swap yields 1 day: Given the movement in interest rates in key markets overnight, the NZ 2yr should open 1bp higher at 3.35% while the 10yr should open 2bp higher at 4.16%, although there may be...

Expect more two-way variability in USD-CNY in the medium term

Jun 10, 2015 16:55 pm UTC| Commentary

July 2015 brings the fifth anniversary of the launch of the offshore Renminbi market in Hong Kong. Big strides have been made in the internationalisation of the Renminbi since then, and we expect its pace to quicken over...

More GBP 5s10s steepening likely

Jun 10, 2015 16:26 pm UTC| Commentary

A pick-up in gilt supply and soft auction covers support more 5s10s steepening. But strong overseas buying and the coming September Bank of England (BoE) bid which should see the Bank of England conduct its largest...

Czech economy is in good shape; data confirms so

Jun 10, 2015 15:13 pm UTC| Commentary

The situation in the Czech labour market is quickly improving. It is most visible in employment growth but it is likely to translate into wage growth as well.Cranking up wage growth should support rising domestic demand...

USD review

Jun 10, 2015 14:45 pm UTC| Commentary

Western Union notes:The data-deprived dollar so far this week has largely looked abroad for its cues. The dollar has struggled as Japan has talked up its currency from 13-year lows and bonds in Europe continued to offer...

5491 5492 5493 5494 5495 5496 5497 5498 5499 5500

Economy

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity...

Brexit boredom is one thing – but there’s a real problem when Britain’s leaders won’t even talk about Europe anymore

British politics has, in recent years, been plagued by two competing forces when it comes to Europe. On one side, there is an understanding that the UK and the EU need to rub along, because of their proximity and...

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Politics

Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Another election, another round of Nigel Farage hype, with no lessons learned

Nigel Farage, a man who has never been elected to the House of Commons despite years of trying, has again been allowed to set the agenda in the UK. Ten years after Ukip won the European parliament elections, throwing...

Science

SpaceX to Help NASA Deorbit ISS; Starlink Lands Major Comcast Business Partnership

SpaceX will develop the U.S. Deorbit Vehicle so that NASA can safely deorbit the ISS by 2030. Meanwhile, SpaceX Starlink secures a significant partnership with Comcast Business to enhance rural connectivity. NASA Taps...

Japan Discovers 230 Million Ton Manganese Deposits, Boosting EV Battery Industry

Japan has discovered 230 million tonnes of manganese deposits near Minami-Torishima Island, potentially transforming its EV battery industry by significantly reducing reliance on imports and providing enough cobalt and...

Keeping astronauts healthy in space isn’t easy − new training programs will prepare students to perform medicine while thousands of miles away from Earth

In the coming decade, more people will go to space than ever before as human spaceflight enters a new era. NASA, the European Space Agency and other governmental agencies are partnering to develop crewed missions beyond...

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Some of Earth’s most ancient lifeforms can live on hydrogen – and we can learn from their chemical powers

Three-quarters of all matter in the universe is made up of hydrogen. The young Earth was also rich in hydrogen, thanks to fierce geological and volcanic activity. Just as stars burn hydrogen to produce heat and light...

Technology

Peter Thiel Doubts Significant Bitcoin Price Surge, Questions Cypherpunk Vision

Peter Thiel, former CEO of PayPal, expressed doubts about Bitcoins potential for significant price increases and questioned whether its cypherpunk, crypto-anarchist vision will ever be fully realized. Peter Thiel...

Pixelverse Launches PIXFI Token on TON as PixelTap Gains Massive Popularity

Pixelverse, a cyberpunk-themed crypto gaming ecosystem, has unveiled the PIXFI token on The Open Network (TON). This launch aims to support its rapidly growing Telegram game, PixelTap, which combines clicker and combat...

Lease the 2024 Hyundai IONIQ 5 for Less Than the Cheapest Car in the US

Hyundai is revolutionizing the electric vehicle market with its 2024 IONIQ 5, now available for lease at a price lower than the Nissan Versa, the most affordable car in the US. With substantial incentives driving down...

Sneak Peek: Samsung’s Galaxy Z Fold 6 & Z Flip 6 Color Options and Cases Leak Before Unpacked 2024

Days before Samsungs Galaxy Unpacked 2024 event in Paris, leaked images have unveiled the Galaxy Z Fold 6 and Z Flip 6 color options. Renowned tipsters Evan Blass and WinFuture shared detailed views, revealing a boxier...

Bitcoin Miner Sell-Off Eases with 85% Drop in Withdrawals After Halving

Bitcoin miner withdrawals have plummeted nearly 90% since the April halving, significantly reducing sell pressure. According to CryptoQuant, the decline in withdrawals from miner-affiliated wallets signals a potential...