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

Become a contributor

Bookmark Econotimes

Technicals

Tue, Jun 02, 2026 11:40 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- GBPJPY Daily Outlook

Jul 13, 2022 06:57 am UTC| Technicals

GBPJPY trading in a narrow range between 164.46 and 161.82 for the past three days. The pound sterling recovered to a softer US dollar. Markets eye BOE Baileys speech confirms that the central banks main focus is to keep...

FxWirePro: USD/JPY range ahead of US inflation data, outlook remains bullish

Jul 13, 2022 06:05 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading largely muted, 0.07% higher on the day at 136.95 at around 05:40 GMT. Continuation of the dovish stance by the Bank of Japan (BOJ) will weaken the yen bulls...

FxWirePro- Gold Daily Outlook

Jul 13, 2022 05:06 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1733.91 Kijun-Sen- $1737.91 Gold price trading weak ahead of US CPI data. The yellow metal has shown a minor pullback on the short covering. The US dollar...

FxWirePro: NZD/USD fails to benefit from RBNZ rate hike, trades muted below 5-DMA ahead of US inflation data

Jul 13, 2022 04:53 am UTC| Technicals

Chart - Courtesy Trading View NZD/USD was trading largely unchanged at 0.6128 at around 04:40 GMT. The pair has failed to benefit from the RBNZ rate hike and fades the previous days corrective pullback from 26-month...

FxWirePro:EUR/AUD extends drop, faces 38.2%fib support

Jul 12, 2022 19:33 pm UTC| Technicals

EUR/AUD declined on Tuesday as mounting pressures from rising inflation, energy insecurity and the threat of recession weighed on the pair. EUR/AUD initially rose but dipped after hitting daily high at 1.4945. A daily...

FxWirePro: EUR/NZD outlook weaker on renewed downside pressure

Jul 12, 2022 18:42 pm UTC| Technicals

EUR/NZD declined on Tuesday as grim Eurozone outlook continued weigh on the pair. Concerns that Europe could fall into a recession have increased since the biggest single pipeline carrying Russian gas to Germany. ...

FxWirePro: GBP/NZD pauses decline, downside risk remains

Jul 12, 2022 17:08 pm UTC| Technicals

GBP/NZD recovered some ground after initially falling on Tuesday as the pair was aided by profit-taking on shorts. After hitting 1.9327 (38.2%fib )support, pair has retreated to 1.9323, GBP/NZD may need a break below...

2131 2132 2133 2134 2135 2136 2137 2138 2139 2140

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

France Unbowed Gains Momentum Ahead of 2027 Presidential Election

The recent election of Bassi Konate as mayor of Sarcelles highlights the growing influence of France Unbowed (LFI) as the country moves closer to the 2027 French presidential election. Konate, a 38-year-old politician of...

Russia Launches Deadly Missile and Drone Assault on Kyiv and Dnipro

Russia launched a large-scale missile and drone attack on several Ukrainian cities early Tuesday, killing at least 10 people and injuring around 100 others, according to Ukrainian officials. The strikes hit Kyiv, Dnipro,...

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...

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...