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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Jan 01, 2025 08:29 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- Woodies Pivot (Major)

Nov 12, 2024 08:47 am UTC| Technicals

Woodies Pivot...

FxWirePro: USD/ JPY consolidating around 153.75, room for further gains

Nov 12, 2024 08:14 am UTC| Technicals

USD/JPY consolidated around 153.75 on Tuesday as robust U.S. economic growth and the Trump administrations assertive trade policies continue to propel the U.S. dollar upward. Focus is on the October Consumer Price...

FxWirePro: AUD/USD drifts lower , could be on verge of a bigger drop

Nov 12, 2024 05:51 am UTC| Technicals

AUD/USD slipped lower on Tuesday as disappointment over Chinas latestpolicy packageannounced on Friday and Trumps pledges of60% tariffs on China continued toweighon the Australian dollar. Declining commodity prices...

FxWirePro: USD/ CNY hits 3-1/2 month high, good to buy on dips

Nov 12, 2024 05:30 am UTC| Technicals

USD/ CNY strengthened on Tuesday as persistent market worries over higher tariffs on Chinese goods from Donald Trumps second presidency weighed on yuan. As part of his campaign to revitalize American manufacturing,...

FxWirePro: GBP/NZD remains weak, eyes 50% fib support

Nov 12, 2024 00:39 am UTC| Technicals

GBP/NZD declined on Monday as investors awaited key economic data this week for clues on the path British monetary policy. Investors awaited British labour market data for hints on how fast the Bank of England will...

FxWirePro: EUR/NZD attracts selling interest, could be on verge of a bigger drop

Nov 11, 2024 23:30 pm UTC| Technicals

EUR/NZD dipped on Monday as euro was weighed down by investor worries about possible tariffs by a new White House administration. The common currency has been further pressured by ongoing German political concerns...

FxWirePro: EUR/AUD outlook weaker on renewed downside pressure

Nov 11, 2024 23:21 pm UTC| Technicals

EUR/AUD declined on Monday as euro attracted sellers on concerns that U.S. policies, including tariffs, under President-elect Donald Trump could threaten growth in the euro zone. The common currency has been further...

101 102 103 104 105 106 107 108 109 110

Economy

Russia's Gas Transit Halt Through Ukraine Signals Europe’s Break From Decades of Reliance

The transit of Russian gas through Ukraine officially stopped on New Years Day, ending decades of Moscows dominance in Europes energy markets. The halt follows Ukraines refusal to renew the deal, pushing Europe closer to...

Venezuela Tops 9% Economic Growth in 2024 with Hydrocarbons Boosting a Historic Recovery Year

Venezuela surpassed 9% economic growth in 2024, President Nicolas Maduro announced, crediting the hydrocarbons sector for its crucial role in driving recovery. The nation shows signs of progress as it tackles ongoing...

Xiaomi SU7 Debuts Striking New Color for 15th Anniversary as EV Demand Surges

Marking its 15th anniversary, Xiaomi introduces a striking new red color for the SU7 EV, launching January 1 for $1,230. Production ramps up as demand for the model grows in China. Xiaomi SU7 Gains Limited Edition Color...

Tesla Secures $98.7 Million Land Deal for Giga Mexico to Boost Cybercab Manufacturing Potential

Tesla has purchased 1,194 hectares across four properties in Nuevo Leon, Mexico, for $98.7 million. The investment reflects Teslas strategy to enhance its manufacturing capabilities, with potential ties to its ambitious...

Puerto Rico in Darkness Again as Grid Failure Hits New Year’s Eve Festivities

A power grid failure plunged Puerto Rico into darkness on New Years Eve, leaving millions without electricity during a key holiday. LUMA Energy confirmed a suspected underground line failure, with full restoration efforts...

Politics

Mike Johnson's Bid for House Speaker in Chaos as Key Republicans Withdraw Support

In a dramatic turn of events, Rep. Mike Johnsons quest to become the next House Speaker has hit a major roadblock. According to reports, five prominent Republican representatives, including Andy Harris, Andy Biggs,...

White House Tensions Explode as Biden and Harris Reportedly Drift Further Apart After Election Setback

A new report has revealed deepening tensions between President Joe Biden and Vice President Kamala Harris, with direct communication between the two leaders reportedly decreasing significantly in the wake of their election...

Trump’s White House Plans Press Room Shake-Up Sparking Media Controversy

The incoming Trump administration, led by Press Secretary Karoline Leavitt, has announced bold plans to overhaul the traditional makeup of the White House press briefing room. Leavitt declared that the administration would...

Mexican Government Deploys Hundreds of Lawyers to Defend Migrants in the U.S. Amid Intensifying Immigration Crackdown

In an unprecedented move that underscores escalating immigration tensions, the Mexican government has announced the deployment of hundreds of lawyers to the United States. The initiative aims to provide legal assistance to...

FBI Meltdown Rumors Swirl as Staff Threaten Resignation Over Kash Patel’s Potential Confirmation as Director

The FBI finds itself at the center of unprecedented controversy as reports emerge of staff allegedly threatening to resign if the Senate votes to confirm Kash Patel as the bureaus next director. Patel, a staunch ally of...

Science

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Technology

Elon Musk’s Game-Changing X TV Set to Launch in 2025 Sparks Global Frenzy

Elon Musks latest innovation, X TV, is poised to disrupt the streaming and broadcasting landscape in 2025. Officially announced this week, the revolutionary platform promises to merge traditional television with...

Elon Musk’s X Money Launch Set to Revolutionize Digital Payments and Dominate 2025’s Fintech World

In a groundbreaking move that could redefine financial technology, Elon Musks X platform is gearing up to unveil its much-anticipated payment system, X Money, in 2025. This ambitious venture promises to challenge the...

Apple Renames iPhone SE 4 to iPhone 16E with OLED Display, iPhone 14 Look, and Action Button Features

Apple is reportedly transforming the iPhone SE 4 into the iPhone 16E, featuring an OLED display, a refined iPhone 14-inspired design, and advanced functionalities like the Action Button, making it a standout option for...

Nvidia Seals $700 Million Runai Deal, Navigating Antitrust Scrutiny to Expand AI Ecosystem Dominance

Chipmaker Nvidia has finalized its $700 million acquisition of Israeli start-up Runai, overcoming regulatory scrutiny in the EU. The move cements Nvidias leadership in the AI graphics processing sector while promising...

Beijing’s Autonomous Push Brings Driverless Taxis and Buses to the Forefront of Urban Innovation

Beijing is propelling autonomous driving forward with regulations effective April 1, enabling trials for driverless taxis and buses while advancing intelligent road infrastructure. This initiative positions Chinas capital...