Menu

Search

FxWirePro: Copper breaks above cloud top, stay long for 2.640

Jun 22, 2017 10:37 am UTC| Technicals

Copper breaks above cloud top, we see scope for further upside. Downside remains supported above 50-DMA at 2.5668, weakness only on break below. Technical indicators on daily charts are biased higher, RSI is...

FxWirePro: EUR/USD bears resume with shooting star and spinning top after equidistant travel of channel, interim rallies to hinder below bearish DMA crossover

Jun 22, 2017 10:33 am UTC| Technicals

On daily charts, we dont encourage longs despite todays upswings. Instead, we are slightly bearish bias due to following technical indications. Shooting star bearish engulfing candles were traced out 1.1217 and 1.1147...

FxWirePro: US Dollar Index faces strong trend line resistance at 98.15, good to buy on dips

Jun 22, 2017 10:14 am UTC| Technicals

DXY has declined till 97.43 after showing a jump till 97.87. It is currently trading around 97.53. On the higher side, near term resistance is around 98.16 (trend line resistance joining 101.34 and 99.89) and any...

FxWirePro: AUD/CHF breaks below 50-DMA, good to go short on rallies

Jun 22, 2017 09:50 am UTC| Technicals

AUD/CHF rejected at cloud, edges lower from multi-week highs at 0.7430. The pair has edged lower to break below 50-DMA and bias lower. Downside has hit fresh weekly lows of 0.7334, has since pared losses to...

FxWirePro: GBP/NZD extends slump below 200-DMA, eyes trendline support at 1.7135

Jun 22, 2017 08:51 am UTC| Technicals

Sterling gives up BoE Chief Economist Andrew Haldanes hawkish comments led gains. On the other side, kiwi buoyed on upbeat economic assessment by the RBNZ at its monetary policy meeting today. GBP/NZD erases...

FxWirePro: Chinese yuan falls gradually against U.S. dollar, PBOC sets yuan mid-point at 6.8197

Jun 22, 2017 07:56 am UTC| Technicals

USD/CNY is currently trading around 6.8312 marks. It made intraday high at 6.8326 and low at 6.8249 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 6.8352 marks will...

FxWirePro: Kiwi buoyed on RBNZ's upbeat economic assessment, NZD/USD spikes, but pauses at stiff resistance at 0.7270

Jun 22, 2017 07:08 am UTC| Technicals

NZD/USD spiked on upbeat economic assessment by the RBNZ at its monetary policy meeting today. Upside in the pair pauses at strong trendline resistance at 0.7270, further upside only on break above. Bearish...

  5591 5592 5593 5594 5595 5596 5597 5598 5599 5600   

Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
  • Market Data
Close

Welcome to EconoTimes

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