Menu

Search

FxWirePro: AUD/NZD bulls relentless, hits 5-month highs at 1.0729, 200-DMA breakout to fuel further gains

Apr 18, 2019 06:30 am UTC| Technicals

AUD/NZD chart - Trading View AUD/NZD bulls test 200-DMA resistance at 1.0684, hits 5-month high at 1.0729. The pair is extending gains for the 4th straight week, break above 200-DMA to fuel further...

Gold negative momentum continues, any break below $1272 targets $1261

Apr 18, 2019 06:09 am UTC| Technicals

Gold has broken major support $1280 on Tuesday and declined till $1271.66 at the time of writing. The yellow metal is trading weak for past 1-week on rising US bond yield and strong global market due to easing US-China...

FxWirePro: USD/CNY back below 6.70 mark, PBOC sets yuan mid-point at 6.6911

Apr 18, 2019 06:08 am UTC| Technicals

USD/CNY is currently trading around 6.6915 marks. It made intraday high at 6.6957 and low at 6.6845 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 6.6881 marks will...

FxWirePro: USD/INR trades in narrow range, stay bearish only below 69.38 mark

Apr 18, 2019 05:38 am UTC| Technicals

USD/INR is currently trading around 69.49 marks. It made intraday high at 69.62 and low at 69.47 marks. Intraday bias remains neutral till the time pair holds key support at 69.38 mark. Key resistances are...

FxWirePro: NZD/USD holds support at channel base, good to go short on break below

Apr 18, 2019 05:27 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD is extending weakness below 200-DMA, trades 0.07% lower on the day at 0.6721 at 0520 GMT. Price action below cloud and major EMAs on the daily chart and recovery capped below...

FxWirePro: AUD/USD pivotal at 200-DMA, break above targets 38.2% Fib at 0.7275

Apr 18, 2019 04:45 am UTC| Technicals

AUD/USD chart - Trading View Fundamental News: - Aussie jobs data inline with expectations, seen as positive (or bullish) for the AUD - Unemployment Rate seasonally adjusted prints at 5.0% vs expected 5.0% and prior...

FxWirePro: USD/JPY struggles at 112 handle, focus on U.S. Retail Sales and Initial Jobless Claims data for further direction

Apr 18, 2019 04:07 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY struggles at 112 handle. Pair capped below 112 from past few sessions. The major trades 0.14% lower on the day at 111.90 at 0355 GMT, intraday bias slightly...

  4211 4212 4213 4214 4215 4216 4217 4218 4219 4220   

Economy

German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas

Germanys automotive suppliers are becoming increasingly pessimistic about the industrys outlook, with more companies expecting business conditions to worsen over the next 12 months than those anticipating improvement. A...

Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details

Most Asian currencies traded in a narrow range on Wednesday, while the U.S. dollar remained stable as investors awaited further details on a potential U.S.-Iran peace agreement and the outcome of the Federal Reserves...

Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening

Global oil prices edged lower on Wednesday, extending losses from the previous two sessions as investors continued to evaluate the impact of a newly announced U.S.-Iran peace agreement. However, uncertainty surrounding the...

Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision

Asian stock markets mostly moved higher on Wednesday, led by gains in Japan and Singapore, as investors awaited the U.S. Federal Reserves latest policy decision. Strong performance in technology and semiconductor stocks...

ASX Proposes New Share Dilution Limits for Public Takeovers

The Australian Securities Exchange (ASX) has unveiled significant proposed reforms aimed at strengthening shareholder protections and limiting share dilution during public takeovers and mergers. Under the draft rules...

Politics

Jamaica in Talks With U.S. to Accept Third-Country Deportees Under New Migration Agreement

Jamaica is negotiating a new migration agreement with the United States that would allow the Caribbean nation to temporarily receive third-country migrants deported by U.S. authorities, according to Deputy Prime Minister...

Trump Criticizes Israel's Lebanon Strikes, Urges Greater Civilian Protection

U.S. President Donald Trump publicly criticized Israels military operations in Lebanon, questioning the necessity of destroying entire apartment buildings while targeting Hezbollah militants. Speaking during the G7 summit...

Russian Strikes Kill Four in Eastern and Southeastern Ukraine, Trigger Fires and Damage

Russian attacks on cities in eastern and southeastern Ukraine killed at least four people and injured several others late Tuesday, according to local officials and prosecutors. The latest wave of strikes highlights the...

Brazil Supreme Court Convicts Eduardo Bolsonaro Over U.S. Lobbying Efforts

Brazils Supreme Court has convicted Eduardo Bolsonaro, the son of former Brazilian President Jair Bolsonaro, for seeking foreign interference in legal proceedings involving his father. In a unanimous decision on Tuesday, a...

US-Iran Ceasefire Deal Extends Peace Talks and Eases Oil Trade Restrictions

The United States and Iran have reached an interim agreement aimed at extending peace efforts in the Middle East and reducing tensions following months of conflict. U.S. President Donald Trump confirmed that the deal...

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

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business

Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...

SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns

SoftBank Group Corp. (TYO: 9984) shares fell sharply on Wednesday after new reports highlighted growing concerns about OpenAIs financial performance and increasing cash burn, raising questions about the value of SoftBanks...

G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions

Leaders of the Group of Seven (G7) nations are discussing a proposal that could give selected trusted partners access to advanced artificial intelligence models developed by U.S. companies such as Anthropic, according to...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.