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

Become a contributor

Bookmark Econotimes

Technicals

Fri, Jun 05, 2026 06:45 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro:EUR/AUD rises to highest level since 26th Feb,bias is bullish

May 17, 2021 18:24 pm UTC| Technicals

EUR/AUD rose on Monday as fears of a new wave of COVID-19 infections in Asia dampened demand for risk-sensitive Australian dollar. The pair currently is approaching resistance at 1.5701((23.6% fib). A break above...

FxWirePro:EUR/NZD getting back on track for a run towards 1.6900, good to buy on dips

May 17, 2021 18:00 pm UTC| Technicals

EUR/NZD made strong gains on Monday as New Zealand dollar weakened as investors became cautious and cut down on risk amid worries about increasing coronavirus restrictions in Asia . Todays sharp gains have put EUR/NZD...

FxWirePro- Major pair levels and bias summary

May 17, 2021 16:28 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: Daily Commodity Tracker - 17th May, 2021

May 17, 2021 16:15 pm UTC| Technicals

Daily Commodity...

FxWirePro- BTCUSD Daily Outlook

May 17, 2021 16:00 pm UTC| Technicals

Ichimoku analysis (Daily chart) Tenken-Sen- $51686 Kijun-Sen- $51686 BTCUSD continues to trade lower for third consecutive days and lost more than $8000. The Bitcoin surged more than 7% intraday after...

FxWirePro: WTI pullback bounces off 21-EMA support, set to extend gains for the 4th straight week

May 17, 2021 15:43 pm UTC| Technicals

USOIL chart - Trading View West Texas Intermediate (WTI) was extending Fridays gains as prices were trading 0.82% higher at $66.01 at around 15:30 GMT. Oil price were set to extend gains for the 4th straight week,...

FxWirePro: CHFJPY Daily Outlook

May 17, 2021 15:42 pm UTC| Technicals

Ichimoku analysis (Daily chart) Tenken-Sen- 120.30 Kijun-Sen- 119.42 CHF/JPY is consolidating after hitting a multi-year high at 121.39. The board-based Swiss-franc is supporting the pair at a lower...

2781 2782 2783 2784 2785 2786 2787 2788 2789 2790

Economy

Asian Stocks Decline as Investors Exit Tech Shares Ahead of U.S. Jobs Data

Asian stock markets mostly moved lower on Friday as investors took profits from technology stocks and shifted funds into sectors that are more closely tied to economic growth. The sell-off was particularly severe in Japan...

US Stock Futures Slide as Broadcom Sparks Tech Selloff Ahead of Key Jobs Report

U.S. stock index futures moved lower on Thursday evening as weakness in technology and semiconductor stocks continued following Broadcoms sharp post-earnings decline. Investors are now closely watching the upcoming U.S....

Oil Prices Climb as Middle East Tensions Escalate and Ceasefire Prospects Fade

Oil prices moved higher in Asian trading on Friday as renewed geopolitical tensions in the Middle East raised concerns about global crude supply. The latest gains came after Hezbollah, the Iran-backed militant group based...

Gold Prices Slide as Strong Dollar and Rate Concerns Pressure Bullion

Gold prices moved lower during Asian trading on Friday, extending weekly losses as investors shifted toward the U.S. dollar amid growing concerns over inflation and interest rates. Market participants are also closely...

US Employment Growth Likely Slowed in May as Labor Market Remains Stable Amid Oil Price Pressures

The U.S. labor market likely maintained its resilience in May, although job growth is expected to have moderated after two months of stronger gains. Economists believe the latest employment data will show that hiring...

Politics

Colombia Election 2026: Ivan Cepeda Shifts Stance on Constitutional Reform to Court Centrist Voters

Colombias leftist presidential candidate Ivan Cepeda has softened his position on creating a constituent assembly ahead of the June 21 runoff election, signaling a strategic move to attract centrist voters and broaden...

Kennedy Center Ordered to Remove Trump Name Following Federal Court Ruling

The John F. Kennedy Center for the Performing Arts has instructed staff to remove references to President Donald Trump from official materials after a federal court ruled that the renowned Washington, D.C., institution...

US Sanctions Cuban President Miguel Diaz-Canel and Key Officials Amid Rising Tensions

The United States has imposed new sanctions on Cuban President Miguel Diaz-Canel, along with several individuals and entities linked to Cubas government, according to information published by the U.S. Treasury Department....

Zelensky Invites Putin to Direct Peace Talks, Warns Ukraine Will Continue Fighting if No Progress Is Made

Ukrainian President Volodymyr Zelensky has issued an open letter to Russian President Vladimir Putin, proposing a direct meeting aimed at ending more than four years of war between Ukraine and Russia. The letter, released...

US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans

Senior U.S. government officials have reportedly held preliminary discussions with leading artificial intelligence companies regarding the possibility of the federal government acquiring equity stakes in their businesses....

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

Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch is reportedly in discussions to raise billions of dollars in a new funding round that could value the company at more than $50 billion, according to a report from The Information. The potential...

South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge

South Koreas Labor Minister Kim Young-hoon has called for a national discussion on how to distribute the extraordinary profits generated by the countrys booming artificial intelligence (AI) and semiconductor industries....

Jensen Huang Strengthens Nvidia’s South Korea Ties Amid AI Expansion

Nvidia CEO Jensen Huang is set to make his second visit to South Korea in just seven months, underscoring the countrys growing importance in the global artificial intelligence ecosystem. Beyond high-level business...

Meta Delays Release of New AI Model as API Rollout Remains Uncertain

Meta Platforms Inc. (NASDAQ: META) has reportedly postponed the release of its latest artificial intelligence model to developers several times, with no confirmed launch date currently in place. According to a Wall Street...

Meta Challenges Australia’s Proposed Tech Tax, Citing U.S. Trade Agreement Concerns

Meta has intensified its opposition to Australias proposed tax on major technology companies, arguing that the measure could violate the Australia-United States Free Trade Agreement and create new tensions between the...