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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Nov 07, 2024 09:39 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- USDCAD Intraday Trade Idea

Jun 12, 2023 09:25 am UTC| Technicals

Intraday trend- Bearish Significant support- 1.3300 USDCAD lost its shine despite weak Canadian jobs data. The Canadian economy lost 17400 jobs in May, below the estimate of 21200 jobs. The unemployment rate rose to...

FxWirePro- GBPJPY Daily Outlook

Jun 12, 2023 08:10 am UTC| Technicals

GBPJPY traded higher for the third consecutive week on the strong pound sterling. It hits an intraday high of 175.59 and is currently trading around 175.525. GBPUSD- Trend- Bearish The pound sterling climbed...

FxWirePro- Gold Daily Outlook

Jun 12, 2023 05:40 am UTC| Technicals

Ichimoku Analysis (weekly chart) Tenken-Sen- $2006.80 Kijun-Sen- $1927.64 Gold prices formed a triple bottom around $1935, showing a minor pullback. Markets eye US Federal funds rate for further direction. The...

FxWirePro: GBP/AUD dips below lower range, bearish bias increases

Jun 09, 2023 21:20 pm UTC| Technicals

GBP/AUD declined on Friday as higher commodity prices and persistent bets on further RBA rate hikes may be lifted boosted Australian dollar. Pair traded in 1.8762 /1.8654 range and was last trading at 1.8648 in late US...

FxWirePro: EUR/AUD downside pressure builds, key support level in focus

Jun 09, 2023 19:29 pm UTC| Technicals

EUR/AUD declined on Friday as investors stepped to the sidelines ahead ECB policy meetings next week. ECB is expected to continue to tighten monetary policy,traders see about a 98% chance of a 25-basis-point rate hike...

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

Jun 09, 2023 17:52 pm UTC| Technicals

EUR/NZD declined on Friday as investors focus shifted to ECB policy meetings next week. At GMT 17:42, the pair was trading down 0.21 percent at 1.7554.Lowest since 24th May low. Technicals are favouring bearish...

Major pair levels and bias summary

Jun 09, 2023 11:21 am UTC| Technicals

Major pair levels and bias...

551 552 553 554 555 556 557 558 559 560

Economy

FxWirePro- Major Economic events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 7th2024 12:00 pm GBP BOE Monetary...

2024 Set to Become the Hottest Year on Record, Driven by Climate Change

2024 Expected to be the Hottest Year on Record According to the European Unions Copernicus Climate Change Service (C3S), 2024 is virtually certain to surpass 2023 as the hottest year since global records began. This...

Taiwan to Assist Companies Relocating Production from China Amid U.S. Tariff Threats

Taiwans Response to U.S. Tariff Threats on Chinese Imports Taiwans Economy Minister, Kuo Jyh-huei, announced on Thursday that Taiwan will help companies relocate production from China in response to the looming tariffs...

Asian Stocks Move in Flat-to-Low Range Amid Cooling Rally and Focus on China Stimulus

Asian Stocks React to Cooling Rally and Stimulus Talks Asian stock markets showed little movement on Thursday, following a rally sparked by Donald Trumps 2024 U.S. election victory, as attention shifted to stimulus...

Philippine Economy Grows 5.2% in Q3, Missing Forecasts

Philippine Economic Growth Slows to 5.2% in Q3, Misses Forecasts The Philippine economy grew 5.2% year-on-year in the third quarter, as reported by the National Statistics Agency on Thursday. This growth rate fell below...

Politics

Fed Chair Jerome Powell Defies Trump: 'I Won't Resign Even If He Demands It!'

Federal Reserve Chair Jerome Powell has made it clear that he has no plans to step down if President-elect Donald Trump asks him to leave. In a rare and bold statement underscoring the Feds independence, Powell, who has...

Trump’s Lawyer Issues Bold Threat: ‘We Will Put Your Fat*ss in Prison,’ Warns AG Letitia James!

Mike Davis, a lawyer representing President-elect Donald Trump, has launched a scathing warning at New York Attorney General Letitia James. The remarks, made publicly, mark an escalation in the already tense standoff...

Donald Trump to Call Putin ‘Immediately’ – Vows to End War with a ‘Simple Phone Call’ if Re-elected

In a bold move, Donald Trump has pledged to reach out to Russian President Vladimir Putin as quickly as possible if he returns to the White House, aiming to bring an end to the ongoing war in Ukraine. According to Kurt...

Trump Aide Kash Patel Demands ‘Massive Declassification’ – Calls for Release of ‘Epstein and Diddy Lists’ as ‘Truth Must Come Out'

In a striking call for transparency, Trump aide Kash Patel has demanded that the former president declassify a trove of sensitive documents from his administration, including what has been referred to as the Epstein list...

Joe Biden Promises a ‘Peaceful and Orderly’ Power Transition Despite Fierce Tensions – ‘Democracy Must Prevail’ He Declares in Fiery Address

President Joe Biden has vowed to ensure a peaceful and orderly transition of power, affirming his commitment to uphold democratic values and respect the electoral process. Speaking in an address to the nation, Biden called...

Science

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Technology

CATL Advances All-Solid-State Battery Development with Expanded R&D and 2027 Production Goal

CATL, the worlds largest EV battery manufacturer, is accelerating its all-solid-state battery project, expanding its RD team by over 1,000 employees. Now in trial production, CATLs advanced battery technology aims for...

Kia Debuts EV9 ADVNTR and PV5 WKNDR Concepts, Designed for Ultimate Outdoor Exploration

Kia America showcased its new adventure-ready EV concepts, the EV9 ADVNTR SUV and PV5 WKNDR van, at the 2024 SEMA Show in Las Vegas. Designed for outdoor enthusiasts, these all-electric vehicles combine rugged, off-road...

Qualcomm Surpasses Earnings Forecasts on Chinese Phone Demand; Shares Surge 8.5%

Chipmaker Qualcomm announced on November 6 that its fiscal Q1 earnings are expected to exceed Wall Street projections, thanks to growing demand from Chinese smartphone manufacturers like Xiaomi and Vivo. Qualcomm shares...

Apple Intelligence Servers Set for M4 Ultra Transformation; Foxconn Ramps Up Production

Apple is preparing to transform its Intelligence servers by introducing the M4 Ultra chips next year, moving away from the M2 Ultra. Foxconn is ramping up production in Taiwan to support this significant upgrade in AI...

Galaxy S25 Slim Listed in IMEI Database as Samsung Prepares 2025 Launch, Rivals iPhone 17 Slim

Samsungs Galaxy S25 Slim has surfaced in the GSMA IMEI database, sparking speculation of a 2025 release. Expected to arrive in the U.S., this model could introduce a sleek design aimed at matching the rumored iPhone 17...