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

Become a contributor

Bookmark Econotimes

Technicals

Mon, Nov 18, 2024 07:42 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: EUR/GBP extends sideways at 200-DMA resistance, focus on German/Eurozone GDP data for impetus

Apr 29, 2022 05:49 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: EUR/GBP was trading 0.08% lower on the day at 0.8418 at around 05:30 GMT Previous Weeks High/ Low: 0.8414/ 0.8265 Previous Sessions High/ Low: 0.8460/...

FxWirePro: USD/JPY consolidates previous session's spike, outlook remains bullish

Apr 29, 2022 05:30 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.16% lower on the day at 130.58 at around 04:20 GMT. The pair closed a whopping 1.85% higher in the previous session and is on track to close over 7% higher for the...

FxWirePro:EUR/NZD gives back chunk of early gains, eyes another drop

Apr 28, 2022 23:29 pm UTC| Technicals

EUR/NZD initially gained on Thursday, but rally fizzled as soured risk sentiment attracted seller. EUR/NZD hits daily high at 1.6914 but reverses course to trade at 1.6574 in afternoon US session. EUR/NZD could be set...

FxWirePro: EUR/AUD falls below 1.4800, bears keep the advantage

Apr 28, 2022 23:16 pm UTC| Technicals

EUR/AUD dipped on Thursday as worries about a recession in Europe and a slowdown in China weighed on the pair . EUR/AUD traded as high as 1.4892 before falling below 38.2 % fib level. Technical signals are bearish...

FxWirePro: GBP/AUD downside pressure builds, key support levels in focus

Apr 28, 2022 18:53 pm UTC| Technicals

GBP/AUD declined on Thursday as widening Fed-BoE rate divergence, Russian saber-rattling ,Chinese economic slowdown fears weighed on GBP. The is pair heading towards the 23.6% fib, as the outlook for pound turns more...

FxWirePro: Daily Commodity Tracker - 28th April, 2022

Apr 28, 2022 16:47 pm UTC| Technicals

Daily Commodity...

FxWirePro: EUR/GBP hovers around 200-DMA, decisive break above required for upside continuation

Apr 28, 2022 15:54 pm UTC| Technicals

Chart - Courtesy Trading View EUR/GBP was trading 0.39% higher on the day at 0.8451 at around 14:10 GMT. The pair is hovering around 200-DMA and decisive break above will fuel further gains. Volatility is high and...

1111 1112 1113 1114 1115 1116 1117 1118 1119 1120

Economy

'Time to Fade the Trump Trade!' Market Experts Warn of Major Economic Shifts in 2025

Economic experts are sounding the alarm over the optimism surrounding President-elect Donald Trumps anticipated economic policies. According to a report from BCA Research, the market may be overestimating the impact of...

S&P 500 to Surge Backloaded in 2025: UBS Predicts 6,400 Milestone Amid Global Growth Headwinds

UBS strategists predict the SP 500 will close 2025 at 6,400, driven by backloaded returns. Despite early-year challenges, U.S. equities are expected to outperform global counterparts, particularly European and emerging...

Nvidia's Blackwell AI Chip Overheats—Launch at Risk as Tech Giants Grow Anxious

Nvidia is urgently addressing overheating problems in its new Blackwell AI chips when integrated into customized server racks, causing anxiety among major clients like Microsoft and Meta. The company is collaborating with...

Taiwan Appeals to EU for Bold Economic Pact to Strengthen Semiconductor Alliance

In a significant move on Monday, Taiwan President Lai Ching-te called on the European Union to forge a bold economic partnership agreement aimed at enhancing collaboration in semiconductors. He emphasized that uniting...

FxWirePro- Major Economic events for the week

Date Time Currency Event Actual Forecast Previous Tue Nov 19 12:30...

Politics

Trump’s White House Return Sparks Fears as Iran, China Vow to Strengthen Ties 'Unshaken' by U.S. Pressure

The reelection of Donald Trump as U.S. president has stirred geopolitical conversations across the globe. However, Iran has made it clear that its ties with China will remain unaffected. In a statement made to the ISNA...

Trump Jr. Explodes Over Biden’s ‘World War 3’ Move: Claims Chaos Before Trump’s Return

In a fiery critique, Donald Trump Jr. has accused the Biden administration of escalating global tensions by approving long-range missile use in Ukraine. The move, according to Trump Jr., aims to provoke a World War 3...

Trump to Declare National Emergency: Military-Backed Mass Deportation Sparks Outrage in Heated Border Security Plan

In a bold move that has already drawn sharp criticism and heated debate, President-elect Donald Trump confirmed plans to declare a national emergency on border security, a decision aimed at facilitating the mass...

Border Czar Tom Homan Vows 'Unprecedented Action' on Day One: Deportations, Border Security, and Saving Missing Children

Tom Homan, the incoming Border Czar for President-elect Donald Trump, has laid out a three-pronged plan to address border security and immigration issues, pledging swift action to overhaul the current system. Homan, known...

DeSantis Promises 'No Compromises' in Senate Appointment: A Strong Ally for Trump's Vision Revealed

Florida Gov. Ron DeSantis has made headlines with his bold promise to appoint a Senator who will closely align with President-elect Donald Trumps policy vision. With the looming vacancy in Floridas Senate representation,...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Technology

Dogecoin Panic: Millions in Limbo as Wallet Shutdown Triggers Urgent Scam Warning

Millions of Dogecoin holders risk losing their funds as Dogechain.info shuts down, prompting an urgent warning from a top developer. Users must act before Dec. 31 to secure their private keys, with scammers exploiting the...

BAN Soars 80%, AKT Gains 25% as Binance Futures Introduces 75x Leverage Contracts

Comedian (BAN) surged 80%, and Akash Network (AKT) gained 25% following Binance Futures announcement of USDⓈ-Margined perpetual contracts for both assets. The new trading pairs, set to launch on November 18, offer up to...

Xiaomi SU7 Blazes Past 100K Deliveries Early, Ramps Up 2024 Goal to 130K Units

Xiaomi has surged past its delivery target for the SU7 electric vehicle, crossing 100,000 units ahead of schedule. The company has now set an aggressive goal for 2024, aiming to deliver 130,000 units amid record production...

Trump’s Team Plans Federal Rules for Autonomous Vehicles as Tesla Cybercab Sparks Debate

President-elect Donald Trumps transition team is prioritizing federal regulations for autonomous vehicles, potentially accelerating innovations like Teslas Cybercab. Sources reveal plans to establish a framework through...

Shiba Inu Burn Rate Explodes 6223% as SHIB Price Rallies, Is $1 Within Reach?

Shiba Inus burn rate hit an astonishing 6223% on November 18, destroying 290,321 SHIB. The reduced supply drove a 4% price rally, stirring investor speculation about SHIBs potential to reach $1 amid bullish market...