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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Sep 28, 2024 08:41 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/ZAR trades in narrow range, stay neutral

Feb 18, 2019 07:50 am UTC| Technicals

USD/ZAR is currently trading around 14.06 levels. It made intraday high at 14.09 and low at 14.02 levels. Intraday bias remains neutral till the time pair holds key resistance 14.27 mark. A daily close...

FxWirePro: EUR/NZD on track to test 200-W SMA at 1.6325, break below required for further weakness

Feb 18, 2019 07:24 am UTC| Technicals

EUR/NZD chart on Trading View used for analysis EUR/NZD trades marginally lower on the day at 1.6440 at 0640 GMT. The price is extending weakness for the 4th straight session, bias bearish. Price action was...

FxWirePro: US dollar index forms Bearish Gartley pattern, dip till 95.20 likely

Feb 18, 2019 07:11 am UTC| Technicals

Harmonic pattern- Bearish Bat pattern Potential Reversal Zone (PRZ)- 97.37 DXY has halted its bullishness and lost more than 70 pips from the high 97.37. The index hits low of 96.64 and is currently trading...

FxWirePro: USD/CNY consolidates around 6.76 mark, PBOC sets yuan mid-point at 6.7659

Feb 18, 2019 06:30 am UTC| Technicals

USD/CNY is currently trading around 6.7612 marks. It made intraday high at 6.7731 and low at 6.7523 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 6.80 marks. A...

FxWirePro: Indian rupee falls gradually against U.S. dollar, sustained close above 71.71 requires for upside rally

Feb 18, 2019 06:16 am UTC| Technicals

USD/INR is currently trading around 71.48 marks. It made intraday high at 71.49 and low at 71.30 marks. Intraday bias remains bullish till the time pair holds key support at 70.96 mark. Key resistances are...

FxWirePro:Nikkei Weekly Outlook

Feb 18, 2019 05:49 am UTC| Technicals

Asian marketsare trading higherespecially Nikkei jumped more than 5% in previous week on account US-China trade talks optimism and weak yen. US market has closed higher with SP500 and Dow Jones was trading higher...

FxWirePro: NZD/JPY Trade idea

Feb 18, 2019 05:47 am UTC| Technicals

NZD/JPY chart on Trading View used for analysis NZD/JPY Technical Analysis: Bias Bullish - RSI strength at 62, bias higher - Stochs and MACD show bullish momentum - The pair is extending gains above 61.8% Fib at...

3121 3122 3123 3124 3125 3126 3127 3128 3129 3130

Economy

Global Active ETF Assets Hit Record $1 Trillion Amid Regulatory Changes and Innovation

Global active ETF assets reached a milestone $1 trillion in August, according to ETFGI, driven by regulatory shifts and diverse product offerings. Analysts expect accelerated growth in the coming years.* Regulatory...

TD Bank Nears Guilty Plea Over U.S. Money Laundering Allegations

TD Bank is reportedly nearing a guilty plea regarding criminal charges alleging that its U.S. retail banking arm failed to curb money laundering, according to The Wall Street Journal. The alleged laundering activities are...

UBS: China’s Stimulus Measures Could Boost Struggling Economy

Chinas recent stimulus measures are being viewed as a potential turning point for its struggling economy, according to analysts at UBS. Amid slowing economic momentum and mounting deflationary pressures, Chinas top...

Mizuho Analysts Shift Top Semiconductor Pick to ASML, Highlight Compelling Upside Potential

Mizuho Securities has shifted its top semiconductor stock pick from Taiwan Semiconductor Manufacturing Company (TSMC) to ASML Holding N.V. (AS: ASML), citing a more attractive risk-reward profile as the stock lags behind...

Nvidia Shares Fall as China Pushes for Domestic AI Chips Over U.S. Tech

Nvidia Corporation (NASDAQ) saw its shares fall on Friday after reports emerged that Chinese regulators are encouraging local companies to buy artificial intelligence (AI) chips made in China rather than those produced by...

Politics

부유한 투자자 57%, 해리스 지지 계획… 43%는 트럼프 선호 - 설문조사

최근 UBS 설문조사에 따르면, 다수의 부유한 투자자들이 다가오는 미국 대선에서 카말라 해리스 부통령을 지지할 계획인 것으로 나타났다. 해당 설문조사에서 부유한 투자자의 57%가 해리스를 선호하는 반면, 43%는 도널드 트럼프 전...

이스라엘, 레바논과 휴전 논의 지속할 것이라고 네타냐후 밝혀

베냐민 네타냐후 이스라엘 총리는 금요일(현지시간) 이스라엘이 향후 며칠간 레바논과의 휴전 제안을 계속 논의할 것이라고 밝혔으며, 워싱턴은 추가적인 충돌이 양측 민간인들의 귀환을 더욱 어렵게 만들 것이라고 경고했다. 이스라엘...

한국, 이시바 총리 체제 일본과 우호 관계 구축할 것

한국 외교부는 이시바 시게루가 일본 집권당의 당수로 선출된 이후 일본의 새 내각과 함께 가장 가까운 이웃이자 파트너인 일본과 긍정적인 관계를 구축하기 위해 협력할 것을 기대한다고 밝혔다. 윤석열 대통령은 일본의 전시 역사로...

이시바 시게루, 다섯 번째 도전 끝에 일본 총리로 선출

일본의 차기 총리로 선출된 이시바 시게루는 금요일 (현지시간) 다섯 번째이자 자신이 말하는 마지막 총재 도전에서 승리한 후 집권당을 쇄신하고, 경제를 부흥시키며, 강대국 이웃들의 안보 위협에 대응하겠다고 밝혔다. 67세의 전...

바이든 행정명령, 3D 총기 규제 및 학교 총격 대응 훈련 개선 기대

로이터통신에 따르면 조 바이든 미국 대통령과 카말라 해리스 부통령은 목요일 (현지시간) 3D 프린팅 및 개조된 총기로 인한 위협에 대응하고 학교의 총격 대응 훈련을 개선하기 위한 새로운 행정명령을 발표했다. 바이든이 백악관...

Science

SpaceX Nears 4 Million Starlink Customers and Invests $3 Billion in Texas Starship Development

SpaceX is on the verge of hitting four million Starlink customers, according to President Gwynne Shotwell. The company has invested $3 billion into Starship facilities in Texas, emphasizing the significance of Starship for...

SpaceX Criticizes FAA Over Licensing Delays and 'Inaccurate' Testimony in Congressional Hearing

SpaceX has called out the Federal Aviation Administration (FAA) for making incorrect and concerning claims during a congressional hearing. The tension centers around SpaceXs licensing challenges for Starship missions and...

Hawaiian Airlines Rolls Out Free Starlink Internet on Airbus A330 and A321neo Fleet

Hawaiian Airlines has partnered with SpaceXs Starlink to provide free high-speed internet on its Airbus A330 and A321neo fleet. The airline plans to expand the service to its Boeing 787 aircraft, enhancing in-flight...

T-Mobile CEO Predicts Starlink Cellular Beta Launch by Late 2024 or Early 2025

T-Mobile CEO Mike Sievert anticipates the Starlink Cellular beta, also known as Starlink Direct-to-Cell, could launch between late 2024 and early 2025. The initial beta will offer text services, with voice, data, and IoT...

SpaceX Recovers Super Heavy Booster, Prepares for Tower Catch in Upcoming Starship Flight 5

SpaceX has successfully recovered the Super Heavy booster from Starship Flight 4, marking the first retrieval of the rocket post-launch. The company is now preparing for Starship Flight 5, where it will attempt a milestone...

Technology

Bitcoin Soars Past Gold: Michael Saylor Says BTC's 51% Surge Crushes Traditional Assets

Bitcoin continues its meteoric rise in 2024, boasting a 51% year-to-date gain that outstrips gold and real estate. Michael Saylor of MicroStrategy underscores Bitcoins superior performance as it reclaims $66,000,...

PEPE Rockets 16%—Is the Meme Coin Set to Kickstart a Massive Altcoin Boom?

PEPE surged by 16%, reigniting excitement in the crypto space as traders wonder if this spike is the precursor to an altcoin season. With a market cap of $4.74 billion, the meme coin is showing signs of leading the charge,...

Tesla's Mystery Prototype Spotted in California—Is This the Game-Changing $25K EV?

A camouflaged Tesla Model 3 prototype, potentially signaling Teslas rumored $25,000 electric vehicle, was spotted in California. The sighting has reignited speculation about Teslas push to dominate the affordable EV...

Hamster Kombat Token Ignites $1.2 Billion Trading Frenzy—TON Network Faces Massive Airdrop Pressure

Hamster Kombats highly anticipated HMSTR token launch sparked over $1.2 billion in trading within 24 hours, putting The Open Network under immense pressure from distributing a massive airdrop to potentially 100 million...

Bitcoin ETF Inflows Surge as BlackRock, Ark Invest Drive Massive Demand, 17,000 BTC Seized

Bitcoin ETFs saw unprecedented inflows this week, removing 17,000 BTC from circulation as demand surges. BlackRock, Ark Invest, and Fidelity led the charge, boosting institutional participation and driving Bitcoins price...