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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Jul 23, 2026 06:28 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: EUR/ NZD trends higher, but faces potential pitfalls

May 30, 2024 23:42 pm UTC| Technicals

EUR/ NZD gained on Thursday as investors awaited Eurozone inflation data for clues on ECBs stand on monetary policy easing. Money markets currently see around 35 basis points of interest rate cuts by the U.S. Federal...

FxWirePro:GBP/AUD steadies around 1.9200, retains bid tone

May 30, 2024 23:31 pm UTC| Technicals

GBP/ AUD steadied on Thursday as investors waited for U.S. personal consumption expenditures (PCE) data. The Feds preferred measure of inflation on Friday could provide further indications on how the central bank might...

FxWirePro: GBP/NZD consolidating around 2.0825, room for further gains

May 30, 2024 21:32 pm UTC| Technicals

GBP/NZD strengthened on Thursday as sterling attracted buyers ahead key data from Eurozone and US. Sterlings recent increase stems from the higher-than-expected UK CPI report on May 22, which lowered near-term...

FxWirePro: EUR/AUD backs off Wednesday high ahead of Euro zone and U.S inflation data

May 30, 2024 19:12 pm UTC| Technicals

EUR/AUD declined on Thursday as the pair attracted sellers ahead of key Euro zone and U.S. inflation data . Spotlight this week would be on a reading of May consumer prices for the euro zone due on Friday. U.S....

FxWirePro- Ethereum Daily Outlook

May 30, 2024 12:37 pm UTC| Technicals Digital Currency

ETHUSD hits multi- months high on upbeat market sentiment. Ithit alow of $3700 yesterdayand is currently trading around $3721.50. Eric Balchunas, a senior ETF analyst at Bloomberg,expects only 20% of BTC ETF inflows for...

FxWirePro- BTCUSD Daily Outlook

May 30, 2024 09:56 am UTC| Technicals Digital Currency

BTCUSD trades flat ahead of US GDP data.It t hit alow of $67096yesterday andis currently trading around $67638. BlackRocks ishares Bitcoin trust reached $20 billion in less than 137 days. A s of May 22 , whale...

FxWirePro- XMRUSD (Chart of the day)

May 30, 2024 09:35 am UTC| Technicals Digital Currency

Monero coin was originally forked from Bytecoin and is a secure private untraceable coin. Monero uses RingCT privacy technology. It provides privacy through unique features such as For senders (Ring...

1471 1472 1473 1474 1475 1476 1477 1478 1479 1480

Economy

Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand

Gold prices remained resilient on Thursday, staying above the $4,130-an-ounce mark as investors continued buying on recent dips despite rising oil prices and growing expectations that the U.S. Federal Reserve could keep...

Asian Stocks Rally on AI Spending Optimism as Middle East Tensions Push Oil to Six-Week High

Asian stock markets advanced on Thursday as strong artificial intelligence (AI) investment plans from major U.S. technology companies boosted confidence in the regions semiconductor sector, while escalating conflict in the...

Australia Jobs Surge in June Strengthens Case for More RBA Rate Hikes

Australias labor market posted a stronger-than-expected performance in June, reinforcing expectations that the Reserve Bank of Australia (RBA) could raise interest rates again to curb persistent inflation. Data released by...

Oil Prices Rise as Houthi Attacks on Saudi Tankers Heighten Middle East Supply Fears

Oil prices extended their rally for a fifth consecutive session during Asian trading on Thursday as renewed geopolitical tensions in the Middle East fueled concerns over potential disruptions to global crude supplies. The...

South Korea Q2 GDP Beats Forecasts as AI Chip Exports Drive Growth

South Koreas economy expanded faster than expected in the second quarter of 2026, supported by resilient semiconductor exports as global demand for artificial intelligence (AI) technologies continued to boost the countrys...

Politics

Arizona Primaries Set High-Stakes Governor and House Battles Ahead of Midterm Elections

Arizonas Republican primary delivered major victories for candidates backed by U.S. President Donald Trump, setting up closely watched contests for governor and a key U.S. House seat in the November 3 midterm elections....

Amish Shah Wins Arizona Democratic Primary in Key U.S. House Race

Moderate Democrat Amish Shah has won the Democratic primary for Arizonas 1st Congressional District, according to media projections, setting up a closely watched general election contest that could play a significant role...

Trump Administration Opens Civil Rights Probes Into Five U.S. Medical Schools Over Admissions

The U.S. Department of Education has launched civil rights investigations into five medical schools over alleged racial discrimination in admissions, expanding President Donald Trumps campaign against diversity, equity,...

ASEAN Forum Puts Middle East Conflict, South China Sea Tensions in Spotlight

Top diplomats from Asia, Europe, and North America gathered in Manila on Thursday for the ASEAN Regional Forum (ARF), with the escalating Middle East conflict and South China Sea tensions expected to dominate discussions....

Rubio Rejects AI ‘Kill Switch’ Claims as U.S. Defends American Technology Abroad

U.S. Secretary of State Marco Rubio has directed American diplomats to push back against claims that the United States has a kill switch capable of shutting off access to U.S. technology products, according to a State...

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

Intel, AMD Seek Long-Term China Server CPU Deals as AI Demand Drives Supply Crunch

Intel and Advanced Micro Devices (AMD) are negotiating long-term purchase agreements with Chinese server customers as demand for data center processors continues to outpace supply, according to people familiar with the...

Alphabet Q2 Earnings Beat Estimates as AI Spending, Google Cloud Growth Fuel Outlook

Alphabet (NASDAQ: GOOGL) delivered stronger-than-expected second-quarter 2026 results, driven by rapid growth in Google Cloud and continued investment in artificial intelligence infrastructure. Despite beating Wall Street...

Elon Musk Fuels SpaceX-Tesla Merger Speculation After Earnings Call

The possibility of a merger between Tesla (NASDAQ: TSLA) and SpaceX gained fresh attention after Teslas second-quarter earnings call, with Deepwater Managements Gene Munster increasing the odds of a deal taking place in...

IBM Q2 Earnings Miss Estimates as Software Growth Offsets Infrastructure Weakness

International Business Machines (NYSE: IBM) reported second-quarter 2026 earnings that missed Wall Street expectations, although its shares gained about 3% after the company had already warned investors about weaker...

OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails

OpenAIs planned mega data center in Australia will rely on a more energy-intensive cooling system after developers abandoned plans to use recycled water, according to a Reuters report published Thursday. The change comes...