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

Become a contributor

Bookmark Econotimes

Technicals

Sun, Jun 14, 2026 11:19 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: NZD/JPY bears halt after breach wedge support – Trade tunnel spread and short hedge as indicators signal downtrend to prolong

Aug 08, 2019 06:02 am UTC| Technicals

Majority of the Kiwis currency pairs are attempting to show some mild rallies on the back of RBNZ monetary policy that cuts 50 bps. So is the case withNZDJPYas well. Streaks of bearish patterns pop-up in the minor trend...

Crypto Technicals: Litecoin pauses downside, recovery looks fragile, more weakness on charts

Aug 08, 2019 05:48 am UTC| Digital Currency Technicals

LTC/USD chart - Trading View Exchange - Coinbase Support: 86.87 (Lower BB); Resistance: 95.33 (21-EMA) Technical Analysis: Bias Bearish Litecoin is extending weakness after the much hyped Halving event earlier...

FxWirePro: Gold hits fresh multiyear high on the ongoing trade war, good to buy on dips

Aug 08, 2019 05:27 am UTC| Technicals

Major intraday support - $1480 Gold hits fresh multiyear high due to the US-China trade war uncertainty and declining yield. US 10 year yield has declined more than 20% in the past 10 days, the steepest drop since...

FxWirePro: Indian rupee rises gradually againt U.S. dollar, stay long only above 71.02

Aug 08, 2019 05:15 am UTC| Technicals

USD/INR is currently trading around 70.83 marks. It made intraday high at 71.02 and low at 70.71 marks. Intraday bias remains slightly bearish for the moment. Key resistances are seen at 71.02, 71.25, 71.78...

FxWirePro: Taiwanese dollar strengthens in early Asia, breaks key support at 31.40 mark

Aug 08, 2019 04:24 am UTC| Technicals

USD/TWD is currently trading around 31.33 marks. It made intraday high at 31.48 and low at 31.33 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.70 mark. A daily close...

FxWirePro: Buy Nikkei on dips

Aug 08, 2019 04:21 am UTC| Technicals

Major resistance 21100 Major support- 20200 Nikkei has recovered more than 600 points from low of 19923 following the footsteps of Wall Street. US markets shown a bounce-back of more than 2% from the low with Dow...

Crypto Technicals: BTC/USD hovers around 12,000 handle, set to extend gains

Aug 08, 2019 03:37 am UTC| Digital Currency Technicals

BTC/USD chart - Trading View Exchange - Coinbase Support: 11636 (5-DMA); Resistance: 12035 (61.8% Fib) Technical Analysis: Bias Bullish BTC/USD is hovering around 12,000 mark in the Asian session today. The...

3981 3982 3983 3984 3985 3986 3987 3988 3989 3990

Economy

Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat

The U.S. dollar is expected to remain well-supported in the near term despite the recent decline in oil prices, according to a new Goldman Sachs analysis. While lower crude prices have eased concerns about a severe global...

Russia Stocks End at Six-Month Low as MOEX Index Stalls, Gold Surges and Oil Retreats

Russian stocks closed mixed on Saturday, with the MOEX Russia Index finishing flat at 0.00% and touching its lowest level in six months. Investor sentiment remained cautious as gains in select stocks were offset by...

Carney and Macron Strengthen Canada-France Defense Ties Amid US Trade Uncertainty

Canadian Prime Minister Mark Carney and French President Emmanuel Macron have agreed to expand defense and industrial cooperation, reinforcing Canadas growing partnership with Europe as trade tensions with the United...

IMF Advances Ukraine Loan Program, Clears $690M Disbursement

The International Monetary Fund (IMF) has reached a staff-level agreement with Ukraine following the latest review of the countrys $8.1 billion loan program, paving the way for a new disbursement of approximately $690...

Oil Prices Fall as U.S.-Iran Peace Deal Hopes Ease Supply Concerns

Global oil prices dropped sharply on Friday and were set for significant weekly losses as growing optimism surrounding a potential U.S.-Iran peace agreement raised expectations that the Strait of Hormuz could soon reopen,...

Politics

Senior Haitian Security Official Kidnapped as Gang Violence Escalates in Port-au-Prince

A senior Haitian government and police official has been kidnapped in Port-au-Prince, marking one of the most significant abductions of a high-ranking figure in Haiti in recent years amid the countrys worsening security...

Taiwan Launches Intelligence Tip Website Targeting Chinese Informants

Taiwan has launched a new website aimed at encouraging Chinese citizens to share intelligence-related information, marking a significant development in cross-strait tensions between Taiwan and China. The initiative,...

U.S.-Iran Peace Framework Nears as Strait of Hormuz Reopening Takes Center Stage

The United States and Iran appear to be moving closer to a long-awaited framework agreement aimed at ending months of conflict, although uncertainty remains over the timing of a formal signing. U.S. President Donald Trump...

Trump Says U.S.-Iran Deal Could Be Signed Sunday as Tehran Signals More Talks Needed

U.S. President Donald Trump said on Saturday that a peace agreement with Iran is expected to be signed on Sunday, potentially leading to the immediate reopening of the Strait of Hormuz, a critical global oil shipping...

Trump Names James McDonald as New SDNY U.S. Attorney

President Donald Trump announced on Saturday that he intends to appoint James McDonald as the next U.S. Attorney for the Southern District of New York (SDNY), replacing Jay Clayton in one of the nations most influential...

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 IPO Sparks Market Optimism as Shares Surge 19% on Trading Debut

SpaceX delivered one of the most significant stock market debuts in recent years, boosting investor confidence and signaling strong demand for high-growth companies despite recent market volatility. The aerospace giant,...

AI Memory Boom Sparks Global Chip Supply Crunch

The rapid expansion of artificial intelligence (AI) infrastructure is creating a structural shortage in the global memory chip market, according to a recent Morgan Stanley report. The investment bank warns that soaring...

Anthropic Restricts Global Access to AI Models After U.S. Security Review

Anthropic has suspended access to its advanced AI models, Fable 5 and Mythos 5, for users outside the United States following new U.S. export restrictions, according to a Wall Street Journal report. The decision highlights...

SpaceX IPO Set for Explosive Debut as Valuation Tops $2.2 Trillion

SpaceX is poised for one of the most historic stock market debuts ever, with shares expected to open nearly 30% above their initial public offering (IPO) price. According to preliminary Nasdaq data, SpaceX stock (NASDAQ:...

Meta AI Strategy Faces Challenges as Zuckerberg Admits Mistakes in Internal Memo

Meta CEO Mark Zuckerberg has acknowledged that the company has made mistakes during its ongoing artificial intelligence (AI) transformation, according to an internal memo obtained by Reuters. In the memo, Zuckerberg...