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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Jul 22, 2026 01:10 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro:AUD/USD gains some upside momentum after but still bearish

Dec 12, 2024 06:06 am UTC| Technicals

AUD/ USDrebounded on Thursday as gains were driven by stronger-than-expected jobs data, which encouraged traders to reconsider their bets on an earlier interest rate cut by the RBA. Novembers figures showed the jobless...

FxWirePro: GBP/AUD retreats slightly but trend is still bullish

Dec 11, 2024 22:13 pm UTC| Technicals

GBP/AUD pulled back in US session on Wednesday, surrendering some of its earlier gains as investors digested US CPI data. Labor Department report showed the CPI rose 0.3% in November, matching estimates, with an annual...

FxWirePro: GBP/AUD retreats slightly but trend is still bullish

Dec 11, 2024 22:11 pm UTC| Technicals

FxWirePro: EUR/NZD ekes out gains as market digest US CPI data

Dec 11, 2024 21:39 pm UTC| Technicals

EUR/AUD after initially gaining on Wednesday as the pair gave up some ground as market digested US CPI data. In an up-and-down session, the pair hit high at 1.6573 in early trading then eased towards 1.6461. ...

FxWirePro: EUR/NZD uptrend stalled, progress needed soon to sustain

Dec 11, 2024 21:17 pm UTC| Technicals

EUR/NZD initially gained on Wednesday but gave up ground as investors digested Bank of Canada rate decision and US CPI data. The Bank of Canada cut its key policy rate by 50 bps to 3.25%, as anticipated, and signaled...

FxWirePro: GBP/USD momentum remains negative, reinforcing the overall bearish market

Dec 11, 2024 20:38 pm UTC| Technicals

GBP/USD dipped on Wednesday as a benign U.S. CPI report reinforced expectations of a 25 basis point rate cut by the U.S. Federal Reserve next week.. A Labor Department report revealed that the Consumer Price Index...

FxWirePro:USD/CAD edges lower as Canadian dollar strengthens after BoC rate decision

Dec 11, 2024 18:59 pm UTC| Technicals

USD/CAD dipped on Wednesday as the Canadian dollar strengthened following the Bank of Canadas 50 basis point cut to its benchmark rate. The Bank of Canada lowered its key policy rate by 50 basis points to 3.25% on...

1151 1152 1153 1154 1155 1156 1157 1158 1159 1160

Economy

European Stocks Slip as Earnings, UK Inflation and ECB Decision Keep Investors on Edge

European stock markets traded slightly lower on Wednesday as investors assessed a fresh wave of corporate earnings while awaiting key economic and policy events, including the latest UK inflation data, the European Central...

Japan Yen Slides Past 163 as Middle East Tensions Lift US Dollar, Oil Prices

The Japanese yen weakened beyond the 163-per-dollar level on Wednesday, hovering near its weakest point since 1986 as higher U.S. Treasury yields and rising oil prices boosted demand for the U.S. dollar. Investors also...

Gold Price Surges Above $4,100 as Middle East Tensions Boost Safe-Haven Demand

Gold prices extended their rally on Wednesday, climbing above the key $4,100-an-ounce level as investors sought safe-haven assets amid escalating Middle East tensions and growing concerns over global energy supplies....

US Stock Exchanges Face Earnings Test as Trading Boom Meets Crypto Competition

U.S. exchange operators are set to begin reporting quarterly earnings this week, with investors expected to focus on whether strong trading activity can offset mounting concerns over regulatory changes and rising...

India FMCG Q1 Earnings Preview: Higher Input Costs Likely to Weigh on Profit Margins

Indias leading fast-moving consumer goods (FMCG) companies are expected to report weaker first-quarter profit margins as rising raw material costs, driven by the Iran conflict and higher crude oil prices, offset the...

Politics

US-Iran War Enters 11th Day as Costs Climb to $37.5 Billion, Trump Warns of More Strikes

The U.S.-Iran conflict intensified after U.S. Central Command (CENTCOM) confirmed it had completed an eleventh consecutive night of military strikes targeting Iranian assets. The operations are aimed at weakening Irans...

Rubio Urges Global Isolation of Nicaragua After Ortega Vows to End Elections

U.S. Secretary of State Marco Rubio has urged the international community to increase pressure on Nicaragua after President Daniel Ortega announced that the country would no longer hold elections, a move that has drawn...

US-Backed Pediatric HIV Treatment Drops After Foreign Aid Changes, Study Finds

Around 77,000 fewer children worldwide received HIV treatment supported by the United States in the fiscal year ending October 2025 compared with the previous year, according to research presented at the AIDS 2026...

US, Solomon Islands Deepen Ties as Peace Corps Set to Return After 25 Years

The United States is strengthening its relationship with the Solomon Islands by reviving the Peace Corps program and expanding development assistance, signaling Washingtons continued focus on the strategically important...

US Sends First Humanitarian Aid Flight to Cuba Under $100M Assistance Plan

The United States has launched the first humanitarian aid flight to Cuba under a newly announced $100 million assistance initiative, marking a significant step in Washingtons effort to provide direct relief to the Cuban...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Samsung Eyes Up to $1.14 Billion Investment in AI Startup Mistral

Samsung Electronics is reportedly in discussions to invest as much as 1 billion euros ($1.14 billion) in French artificial intelligence startup Mistral, a move that could strengthen the South Korean tech giants position in...

Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S.

Taiwan-based Wistron Corp. (TW:3231), one of Nvidias leading manufacturing partners, has officially opened its first U.S. production facility in Fort Worth, Texas, marking a significant milestone in the expansion of...

Wistron Opens $700M Texas AI Factory to Build Nvidia GB300 Superchips

Taiwan-based Wistron Corp., a major Nvidia supplier, has opened its first U.S. manufacturing facility in Fort Worth, Texas, investing $700 million to expand artificial intelligence infrastructure production as global...

Super Micro Computer Stock Jumps 20% After Record AI Orders and Margin Surge

Super Micro Computer (NASDAQ: SMCI) stock soared about 20% in after-hours trading on Tuesday after the AI server maker released a stronger-than-expected preliminary update for its fiscal fourth quarter, highlighting a...

US, China to Hold AI Talks Ahead of Xi’s September Visit

The United States and China are preparing to hold high-level artificial intelligence (AI) talks in September, marking the first official AI dialogue between the two countries under President Donald Trumps administration....