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

Become a contributor

Bookmark Econotimes

Technicals

Fri, Apr 19, 2024 04:15 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: Aussie falls against major peers after lower than expected GDP data

Sep 07, 2016 01:54 am UTC| Technicals

AUD/NZD is currently trading around 1.0342 marks. Pair made intraday high at 1.0372 and low at 1.0326 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0453 marks. A sustained...

FxWirePro: Silver hits fresh 4-week high at $20.10 mark, faces strong resistance at $20.22

Sep 07, 2016 01:10 am UTC| Technicals

XAG/USD is currently trading around $20.03 marks. It made intraday high at $20.10 and low at $19.92 levels. Intraday bias remains bullish till the time pair holds key support at $19.72 levels. A daily close...

FxWirePro: USD/JPY bearish again as upside bias reverses

Sep 06, 2016 17:37 pm UTC| Technicals

USD/JPY declined sharply on Tuesday as weaker-than-expected reading of a U.S. services sector index for August accelerated the pairs downside. Institute for Supply Management report on service-sector activity showed a...

FxWirePro: USD/CAD dips below lower range, bearish bias increases

Sep 06, 2016 15:19 pm UTC| Technicals

The USD/CAD pair declined in the US session hitting as low as 1.2829 after U.S. services sector index for the month of August reinforced expectations the Federal Reserve will not raise interest rates when it meets next...

FxWirePro: GBP/USD maintains bullish bias with focus on 1.3500 levels

Sep 06, 2016 14:54 pm UTC| Technicals

The Sterling remained in strong bullish tone against dollar on Tuesday as buying interest continued after ISM Non-Manufacturing PMI data showed its worst reading since February 2010 suggesting the Federal Reserve was...

FxWirePro: EUR/USD gains some upside momentum but still bearish

Sep 06, 2016 13:35 pm UTC| Technicals

The EUR /USD pair fell as low as 1.1139 during the early European session, however the pair inched up slightly to trade at 1.1163 after finding minor support at 1.1139. The ongoing weakness is set to continue for this...

EUR/USD Trade Idea

Sep 06, 2016 12:26 pm UTC| Technicals

Majorresistance-1.1180 (55- day EMA). Thepairhasmadeslight jump above 55- day EMA and started to decline from that level....

5071 5072 5073 5074 5075 5076 5077 5078 5079 5080

Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

Technology

ShibArmy Issues Critical Alert: No BONE Airdrops, Beware of Scams

The Shiba Inu community is on high alert as ShibArmy Scam Alerts warns against phishing emails falsely promising BONE airdrops. These fraudulent communications are designed to steal personal information and digital assets...

Michael Saylor Nets $370 Million from MicroStrategy Shares Amid Crypto Surge

Michael Saylor, the prominent bitcoin advocate and chairman of MicroStrategy, has capitalized on the companys robust stock performance this year, selling shares worth nearly $370 million. His strategic stock sales coincide...

Bitcoin Braces for $35 Trillion Market Shift With Upcoming Halving

As Bitcoin approaches its pivotal fourth halving today, experts forecast a dramatic surge in value, potentially reaching a $35 trillion market cap. This significant reduction in Bitcoin mining rewards from 6.25 to 3.125...

Shiba Inu Coin Shows Signs of Recovery: Factors Fueling Its Recent Rise

Shiba Inu, the self-proclaimed Dogecoin killer, stoked investor excitement today, April 19, as its price resumed upward. As the broader crypto market prepares for the impending BTC halving, the crypto market had a price...

Samsung Targets Beijing’s EV Semiconductor Market at Auto China 2024

Samsung Electronics will participate in Auto China 2024, marking its inaugural presence at Beijings major automotive exhibition. This strategic move aims to tap into Chinas burgeoning automotive semiconductor market,...