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

Become a contributor

Bookmark Econotimes

Technicals

Tue, Jun 02, 2026 04:43 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(USDCHF and EURJPY) for the day

Aug 30, 2022 10:26 am UTC| Technicals

Pair Value Recommendation USDCHF 393.87 Strong Buy EURJPY 371.74 Strong Buy USDCHF Major resistance- 0.9725 Near-term support- 0.9660 Trend reversal...

FxWirePro- EURUSD Daily Outlook

Aug 30, 2022 10:06 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 0.99740 Kijun-Sen- 1.000 EURUSD gained above 1.000 after hitting a multi-year low of 0.99165. European Central Bank Chief economist Philip Lane said on...

FxWirePro- USDCHF Intraday trade Idea

Aug 30, 2022 08:56 am UTC| Technicals

USDCHF is trading higher for the second consecutive day on board-based US dollar buying. Hawkish fed and surge in US treasury yield supporting US dollar at lower levels. Markets eye US CB Consumer confidence and JOLTS job...

FxWirePro- GBPJPY Daily Outlook

Aug 30, 2022 08:52 am UTC| Technicals

GBPJPY showed a minor jump above 162 levels on short covering in pound sterling. It was one of the worst performers against the US dollar as surging energy costs will hurt the UK economy. The yen performed well after...

FxWirePro- Gold Daily Outlook

Aug 30, 2022 05:27 am UTC| Technicals

Ichimoku Analysis (4-Hour Chart) Tenken-Sen- $1738.30 Kijun-Sen- $1742.97 Gold price showed a minor pullback on US dollar weakness. US dollar index pared some of its gains after hitting a multi-year...

FxWirePro: EUR/CHF capped at 21-EMA, decisive break above required for further upside

Aug 30, 2022 04:10 am UTC| Technicals

Chart - Courtesy Trading View EUR/CHF was trading muted at 0.9677 at around 03:55 GMT, after closing 0.54% higher in the previous session. The pair finds stiff resistance at 21-EMA, decisive break above required for...

FxWirePro: EUR/NZD propelled towards 1.6250 by ECB rate hike expectations, good to buy on dips

Aug 30, 2022 00:13 am UTC| Technicals

EUR/NZD strengthened on Monday as ECB official comments boosted expectations for a larger Sept rate hike. European Central Bank board member Isabel Schnabel added to market unease. She warned on Saturday that central...

2061 2062 2063 2064 2065 2066 2067 2068 2069 2070

Economy

Australia GDP Growth Faces Headwinds as Trade Deficit Widens and Imports Surge in Q1 2026

Australias economy is expected to slow in the first quarter of 2026 as a sharp increase in imports and weakening export performance weigh heavily on growth. Fresh data from the Australian Bureau of Statistics (ABS)...

Asian Stocks Edge Lower as Middle East Tensions and AI Optimism Shape Market Sentiment

Asian stock markets opened cautiously on Tuesday as investors weighed uncertainty surrounding the fragile Middle East ceasefire against renewed enthusiasm for artificial intelligence investments. Market sentiment remained...

South Korea Inflation Surges to Two-Year High, Boosting July Rate Hike Expectations

South Koreas inflation rate accelerated sharply in May, reaching its highest level in more than two years and strengthening expectations that the Bank of Korea (BOK) could raise interest rates as soon as July. According to...

Trump Revises U.S. Tariffs on Copper, Aluminum, and Steel Imports Through 2027

U.S. President Donald Trump has signed a new proclamation modifying tariffs on selected imports containing copper, aluminum, and steel, introducing targeted relief measures for key industrial and agricultural sectors while...

Japan Weighs Two-Year Food Tax Cut Starting in 2027 to Ease Cost-of-Living Pressure

Japan is considering a temporary reduction in its food sales tax as part of broader efforts to support households struggling with rising living costs. According to a report by the Mainichi newspaper, the government is...

Politics

Los Angeles World Cup Security Plans: No ICE Immigration Enforcement at FIFA 2026 Matches, Officials Say

Federal officials have assured Los Angeles County Sheriff Robert Luna that civil immigration enforcement operations will not take place at FIFA World Cup 2026 matches or related events in the Los Angeles area, according to...

Russian Missile and Drone Attack Hits Kyiv, Injures Civilians and Damages Residential Buildings

A large-scale Russian attack struck Kyiv in the early hours of June 2, leaving at least four people injured and causing significant damage to residential buildings across the Ukrainian capital, according to local officials...

Lebanon-Israel Partial Ceasefire Announced as Regional Tensions Remain High in 2026

Lebanon has announced a partial ceasefire agreement between Hezbollah and Israel, marking a limited step toward de-escalation in a conflict that has claimed thousands of lives and intensified broader Middle East tensions...

Denmark’s Mette Frederiksen Secures Third Term with New Centre-Left Coalition Government

Denmark Prime Minister Mette Frederiksen has secured a third consecutive term in office after reaching an agreement to form a new centre-left coalition government, ending months of political uncertainty following the...

Zelenskiy Warns of Possible Massive Russian Strike as Ukraine Remains on High Alert

Ukrainian President Volodymyr Zelenskiy has warned that intelligence reports continue to indicate the possibility of a large-scale Russian missile and drone attack on Ukraine, urging citizens to remain vigilant and closely...

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

HPE Raises 2026 Outlook After Record Q2 Revenue Fueled by AI Server Demand

Hewlett Packard Enterprise (NYSE: HPE) delivered record-breaking second-quarter results, driven by surging demand for AI infrastructure, enterprise servers, and networking solutions. The strong performance prompted the...

Alphabet Unveils $80 Billion Capital Raise to Accelerate AI Expansion, Secures $10 Billion Backing from Berkshire Hathaway

Alphabet Inc. has announced an ambitious $80 billion equity fundraising plan aimed at supporting the rapidly growing costs of artificial intelligence infrastructure and expanding its computing capacity. The move highlights...

Anthropic Files for IPO, Signaling a New Era for Public AI Investments in 2026

Anthropic, the public benefit corporation behind the widely used Claude family of artificial intelligence models, has officially taken a significant step toward becoming a publicly traded company. The AI startup announced...

Morgan Stanley Upgrades Winbond and Nanya to Overweight on Strong Memory Chip Market Outlook

Morgan Stanley has upgraded two major Greater China semiconductor stocks, Winbond Electronics Corp. and Nanya Technology Corp., from Equal-weight to Overweight, citing strengthening memory chip prices and expanding growth...

SoftBank Becomes Japan’s Most Valuable Company as AI-Fueled Rally Drives Shares to Record High

SoftBank Group Corp. (TYO: 9984) surged to a record high on Monday, driven by growing investor confidence in the artificial intelligence sector and the companys expanding exposure to AI-related technologies. The Japanese...