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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Dec 17, 2025 03:55 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: AUD/USD loses momentum but bullish setup remains

May 06, 2025 05:35 am UTC| Technicals

AUD/USD eased slightly from a 5-month high on Tuesday as the dollar ticking higher as tariff-related concerns resurfaced. Australian dollar also came under pressure due to weaker-than-expected domestic building permit...

FxWirePro: NZD/USD steadies around 0.5980, retains bid tone

May 06, 2025 05:15 am UTC| Technicals

The New Zealand dollar held steady around 0.5980 on Tuesday as market participants focus shifted to the upcoming U.S. monetary policy meeting and New Zealand employment data. The Federal Reserve is widely anticipated...

FxWirePro: GBP/AUD downside pressure builds, key support Levels in focus

May 05, 2025 23:18 pm UTC| Technicals

GBP/AUD edged lower on Monday as markets turned cautious ahead of this weeks Bank of England and FOMC policy decisions. The Federal Reserve is expected to leave interest rates unchanged on Wednesday, a decision that...

FxWirePro: GBP/NZD set to remain soft into BoE rate decision

May 05, 2025 22:56 pm UTC| Technicals

GBP/NZD initially dipped but recovered ground as investors awaited Bank of Englands next policy decision due later this week. The BoE is expected to cut rates by 25 bps to 4.25%, but markets will closely watch its...

FxWirePro: EUR/NZD under pressure , knocking on door of key support

May 05, 2025 21:57 pm UTC| Technicals

EUR/NZD slipped lower on Monday as signs of easing U.S.-China trade tensions boosted kiwi dollar. U.S. President Trump said Sunday that the U.S. is in trade talks with several countries, including China, emphasizing...

FxWirePro: EUR/AUD set to for bigger drop, but close below key fibo needed

May 05, 2025 21:35 pm UTC| Technicals

EUR/AUD declined on Monday as victory of Anthony Albaneses Labor Party in Australias parliamentary elections and easing US-China trade concerns lifted the Australian dollar. Chinas Commerce Ministry announced that it...

FxWirePro: EUR/CAD eases after early gains, but underlying sentiment remains bullish

May 05, 2025 16:19 pm UTC| Technicals

EUR/CAD initially gained but later retreated as markets awaited new catalysts to drive direction. In the euro zone, attention this week turns to key economic data. Retail sales and final PMI readings will offer fresh...

481 482 483 484 485 486 487 488 489 490

Economy

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

Australian consumer sentiment weakened sharply in early December, according to a private survey released on Tuesday, highlighting growing concerns about inflation and the broader economic outlook. The latest...

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market...

Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist

The Bank of Japan (BOJ) is widely expected to raise interest rates to 0.75% at the conclusion of its two-day policy meeting on Friday, marking the highest level in more than 30 years and closing the year with two rate...

New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes

New Zealand has released updated financial forecasts showing the government is unlikely to return to a budget surplus over the next five years, as weak economic conditions continue to outweigh strict fiscal discipline. The...

Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...