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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Jun 03, 2026 03:34 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: AUD/NZD breaks above channel top, outlook bullish

Mar 28, 2022 10:01 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Bullish - AUD/NZD was trading 0.54% higher on the day at 1.0850 at around 09:55 GMT - Price action has broken out of channel top resistance, raising scope for...

FxWirePro- USDCHF Daily Outlook

Mar 28, 2022 08:13 am UTC| Technicals

Intraday trend Bullish Significant intraday resistance 0.9345 The pair regained sharply after a minor decline below 200- 4H MA. The board-based buying in US dollar amid risk aversion is supporting pair at...

FxWirePro- GBPJPY Daily Outlook

Mar 28, 2022 07:09 am UTC| Technicals

Short-term resistance - 164 Intraday Support- 159.85 GBPJPY continues to trade higher for a third consecutive week and surged nearly 1000 pips on weak yen. The weakness in the pound sterling against the US dollar...

FxWirePro: USD/JPY spikes higher to test new 7-year high, yen under fresh selling pressure after BOJ’s JGB action

Mar 28, 2022 06:16 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.89% higher on the day at 123.16 at around 06:00 GMT. The pair has resumed upside after brief pause on Fridays trade, has refreshed 7-year high. The yen came...

FxWirePro: AUD/USD Daily Outlook

Mar 28, 2022 05:55 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: AUD/USD has opened the week on a positive note. The major was trading 0.18% higher on the day at 0.7526 at around 05:35 GMT. Price action is in the green for the third...

FxWirePro- Gold Weekly Outlook

Mar 28, 2022 04:59 am UTC| Technicals

Gold dropped from its minor top $1964.38on surging US 10-year yield. The yellow metal lost it shines after Fed Chairman Powell hints at aggressive rate hikes. Markets eye US Non-farm payroll data for further...

FxWirePro:GBP/AUD unlikely to invite any further GBP strength, good to sell on rally

Mar 26, 2022 01:00 am UTC| Technicals

GBP/AUD declined on Friday as cautiously dovish outlook from the Bank of England and downbeat retail sales data weighed on pound. Retail sales volumes unexpectedly fell by 0.3% in February from January. Economists...

2291 2292 2293 2294 2295 2296 2297 2298 2299 2300

Economy

Australia GDP Growth Misses Forecasts in Q1 2026 as Inflation and Iran War Impact Spending

Australias economy expanded at a slower-than-expected pace in the first quarter of 2026, highlighting the growing impact of persistent inflation, elevated fuel costs, and disruptions in the mining sector. According to data...

China Services PMI Hits Three-Month High in May as Domestic Demand Strengthens

Chinas services sector recorded its strongest expansion in three months during May, driven by improving domestic demand, increased client acquisitions, and a rise in new business activity, according to a closely watched...

Yen Nears 160 Per Dollar as Japan Signals Readiness for Currency Intervention

The Japanese yen remained under pressure on Wednesday, hovering close to the critical 160-per-dollar level, a threshold closely watched by global currency markets and Japanese policymakers. The USD/JPY exchange rate traded...

US Stock Futures Steady as Iran Tensions and AI Rally Shape Market Sentiment

U.S. stock index futures traded with little movement on Tuesday evening as investors closely monitored escalating tensions between the United States and Iran. Market participants remained cautious after reports indicated...

Oil Prices Rise on Middle East Tensions and Sharp U.S. Crude Inventory Draw

Oil prices extended their gains during Asian trading on Wednesday as escalating tensions in the Middle East and stalled U.S.-Iran nuclear negotiations increased concerns over potential supply disruptions....

Politics

Iowa's 1st Congressional District Set for High-Stakes 2026 Election Battle

Republican U.S. Representative Mariannette Miller-Meeks secured her partys nomination in Iowas 1st Congressional District, setting up a closely watched rematch against Democrat Christina Bohannan in the 2026 midterm...

U.S. Supreme Court Allows Alabama’s Republican-Backed Congressional Map for 2026 Elections

The U.S. Supreme Court has cleared the way for Alabama to implement a Republican-backed congressional map for the 2026 midterm elections, a decision that could strengthen GOP efforts to maintain control of Congress. The...

US Forces Repel New Iranian Attacks as Middle East Tensions Escalate

The conflict between the United States and Iran intensified on Tuesday after U.S. Central Command (CENTCOM) reported that it had successfully intercepted a new wave of Iranian missile and drone attacks targeting several...

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,...

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

SpaceX Targets Record-Breaking $75 Billion IPO at $135 Per Share in Historic Market Debut

SpaceX is preparing for what could become the largest initial public offering (IPO) in history, with plans to price its shares at $135 each and raise approximately $75 billion, according to a source familiar with the...

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...