Menu

Search

FxWirePro- GBPJPY Daily Outlook

Nov 11, 2022 08:00 am UTC| Technicals

GBPJPY pared some of its gains after weak UK GPD data. The UK economy contracted 0.20% in Q3, above the estimate of -0.50%. It has expanded 2.4% on an annualized basis in Q3 vs the 2.1% expected. The Pound sterling surged...

FxWirePro: AUD/USD breaks into daily cloud, eyes 110-EMA

Nov 11, 2022 06:15 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.40% higher on the day at 0.6645 at around 05:40 GMT. The pair is extending previous sessions gains, break into daily cloud has raised scope for further...

FxWirePro- Gold Daily Outlook

Nov 11, 2022 05:43 am UTC| Technicals

Ichimoku Analysis (4 Hour chart) Tenken-Sen- $1729.78 Kijun-Sen- $1711.06 Gold surged sharply after weak US CPI data. Consumer prices rose 7.7% in Oct, down from the previous months 8.2%, below the...

FxWirePro: USD/JPY pare some of the US inflation-led slump, finds support at 110-EMA

Nov 11, 2022 05:14 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.65% higher on the day at 141.85 at around 04:50 GMT. The major has found strong support at 110-EMA, pares some of the US inflation-led slump. USD/JPY saw the...

FxWirePro: GBP/NZD bulls back away from 1.9500 level after US CPI data, good to sell on rally

Nov 10, 2022 22:35 pm UTC| Technicals

GBP/NZD initially strengthened on Thursday but some of earlier gains faded as investors digested US CPI data. Data showed U.S.consumer prices rose less than expected in October, spurring bets that the Fed will hike...

FxWirePro :EUR/AUD under pressure after early buying dries up, knocking on door of key support

Nov 10, 2022 22:15 pm UTC| Technicals

EUR/AUD rose higher initially on Thursday but reversed course as US CPI report reinforced sell-off in the pair. Data showed U.S. inflation cooled in October, supporting expectations the Federal Reserve could slow its...

FxWirePro: GBP/ AUD capped by the 50.0% fibonacci, good to sell on rallies

Nov 10, 2022 21:42 pm UTC| Technicals

GBP/ AUD initially gained on Thursday but gains eased after US CPI, claims data. The U.S. consumer price index (CPI) rose 0.4% last month after climbing by the same margin in September The pair inability to hold...

  1751 1752 1753 1754 1755 1756 1757 1758 1759 1760   

Economy

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves

Starting salaries for permanent employees in the UK recorded their strongest increase in nearly a year and a half in January, signaling early signs of stabilization in the British labor market. According to the latest...

Australian Household Spending Dips in December as RBA Tightens Policy

Australian household spending declined in December as consumers eased back after heavy year-end sales activity, but solid sales volumes continued to highlight why the Reserve Bank of Australia (RBA) recently raised...

Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions

Global oil prices opened the week lower, sliding more than 1% on Monday as investor concerns over a potential conflict in the Middle East eased following diplomatic progress between the United States and Iran. The decline...

Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances

Indian refiners are increasingly avoiding purchases of Russian crude oil for delivery in April and potentially beyond, a strategic shift that could support New Delhis efforts to finalize a trade agreement with the United...

Politics

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

The administration of U.S. President Donald Trump has filed an appeal challenging a federal court decision that ordered the Transportation Department to unfreeze funding for the $16 billion Hudson Tunnel Project, a major...

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

Japan’s Prime Minister Sanae Takaichi Secures Historic Election Win, Shaking Markets and Regional Politics

Japans Prime Minister Sanae Takaichi has secured a historic landslide victory in a rare winter election, consolidating power and paving the way for major shifts in economic, fiscal, and security policy. Takaichis Liberal...

Sydney Braces for Pro-Palestine Protests During Israeli President Isaac Herzog’s Visit

Sydney is preparing for large-scale pro-Palestine protests as Israeli President Isaac Herzog visits Australia, prompting authorities to declare the trip a major event and deploy thousands of police across the city....

Anutin’s Bhumjaithai Party Wins Thai Election, Signals Shift Toward Political Stability

Thailands political landscape may be entering a more stable phase after Prime Minister Anutin Charnvirakuls Bhumjaithai Party secured a decisive victory in Sundays general election. Preliminary results from the Election...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...
  • Market Data
Close

Welcome to EconoTimes

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