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

Become a contributor

Bookmark Econotimes

Technicals

Fri, Dec 27, 2024 01:34 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

NZD/USD tests hourly resistance ~0.7565/75, Fonterra results boost

Mar 03, 2015 15:19 pm UTC| Technicals

Source: Thomson Reuters NZD/USD tests hourly resistance ~0.7565/75 after latest Fonterra milk auction results Pair dips on WMP result but holds on to most gains Above 0.7575 sees next resistance in the 0.7600/10...

NZD/USD near session high ahead of Fonterra milk auction

Mar 03, 2015 14:28 pm UTC| Technicals

Source: Thomson Reuters NZD/USD near session high ahead of Fonterra milk auction, results due soon Pair pierces 10-DMA on overnight dip , tests TrendLine off Feb low, sympathy lift with AUD NZD/USD could test...

USD/JPY edges lower on rhetoric, techs, exporters & data, 119 pivotal

Mar 03, 2015 14:19 pm UTC| Technicals

Source: Thomson Reuters USD/JPY 120.27 high is by down TrendLine from Dec 23 high at 120.35; exporter offers 120.30-50 Spec importer bids 119.50-55, Tenkan at 119.28; 119 pivotal 21-d Bolli 120.46; 21-DMA...

USD/MXN tracks US yields higher, Banxico intervention level 15.2110 caps

Mar 03, 2015 13:48 pm UTC| Technicals

Source: Thomson Reuters USD/MXN trades near session highs at 15.03, tracks US yields higher Pair is rising despite higher oil, Banxico intervention level 15.2110 caps Recent CFTC data shows MXN short positions...

USD/BRL near recent high by 2.92, 3.00 attracts

Mar 03, 2015 13:34 pm UTC| Technicals

Source: Thomson Reuters USD/BRL probes recent highs by 2.92, may see BCB rethink rollout reduction Weak BRL, higher US rates weigh as well, BCB likely to hike 50bps Wed, hinders recovery USD/BRL resistance at 2.9204...

EUR/JPY bid raised to 133.60

Mar 03, 2015 08:55 am UTC| Technicals

Traders look to get long at 133.60 for gains to 135.00 50% retrace of the 130.16 to 136.70 up-leg, 133.43, strengthens short-term Tenkan kijun lines are aligned positively, upside potential is positive A...

AUD/USD - RBA holds rates, 0.78 expiry

Mar 03, 2015 08:51 am UTC| Technicals

Short-coveringliftedAUD to 0.7845 after RBA held rates steady 0.7795 = subsequent pullback low 0.7841 = late Asia/early Europe high Pre-RBArateannouncementrange was 0.7751-0.7778 0.78 option expiry...

6811 6812 6813 6814 6815 6816 6817 6818 6819 6820

Economy

Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%

In December 2024, the core Consumer Price Index (CPI) for Tokyo Prefecture increased by 2.4% compared to a year earlier, rising from 2.2% in November. This change is important because it shows that prices continue to rise,...

Tokyo Inflation Gains Heat as January Rate Hike Expectations Build Around BOJ Policy Moves

Inflation in Tokyo surged in December, climbing to 2.4 percent as price pressures widened. With the Bank of Japans January policy meeting looming, markets are speculating on whether a further rate hike is on the horizon...

Samsung Brings Galaxy Ring 2 and AR Smart Glasses to Galaxy Unpacked 2025 With S25 Series

Samsung is shaking up the tech world at Galaxy Unpacked 2025, unveiling the Galaxy S25 Series, the advanced Galaxy Ring 2, and its cutting-edge AR Smart Glasses. This bold lineup promises a fresh leap into wearable...

Apple’s 2nm Chips Skip iPhone 17 as TSMC Prepares 2026 Launch for iPhone 18

Apple has decided to wait until 2026 to incorporate TSMCs 2nm chips into the iPhone 18. The move bypasses the iPhone 17, as TSMC works on scaling its production to meet industry demands and cut costs. Apple Expected to...

Alibaba Partners with E-Mart in $4 Billion Deal to Strengthen South Korean Online Retail Leadership

In a $4 billion agreement, Alibaba Group and E-Mart are merging their South Korean e-commerce platforms, forming a joint venture to take full ownership of Gmarket. The deal positions the companies to compete with top...

Politics

Trump’s tariffs could lead to massive price hikes in 2025 as experts warn of a looming trade war

As 2025 approaches, many are asking how the economy will fare under President-elect Donald Trumps leadership. With inflation still a hot topic following the 2024 election, Trumps economic policiesespecially his stance on...

How will Donald Trump address wage stagnation during his presidency?

With the 2025 presidential inauguration on the horizon, President-elect Donald Trumps economic agenda is already shaping up to be a key focus of his second term. Inflation remains a critical concern for many Americans, and...

What are Donald Trump’s plans for bolstering the U.S. economy in 2025?

As Donald Trump gears up for a potential return to the Oval Office in 2025, his proposed economic agenda has ignited both anticipation and heated debate. Promising a revival of American industry and an era of unprecedented...

How will Donald Trump’s second presidency impact his political legacy?

As Donald Trump prepares for a historic second term as president, debates over how his leadership will shape his political legacy are intensifying. Supporters view this as a pivotal moment for the 45th president to...

What will Donald Trump’s relationship with the media look like in his second term?

Donald Trumps anticipated return to the presidency has reignited debates over his tumultuous relationship with the media. After a first term characterized by fiery exchanges and the labeling of certain outlets as fake...

Science

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Technology

X's New Algorithm Changes Trigger Backlash as Users Claim Voices Are Being Silenced

Elon Musks recent algorithm update on X, formerly known as Twitter, has sparked a heated debate among users. The changes, aimed at maximizing unregretted user-seconds, have raised questions about whether the platform is...

Xiaomi Expands EV Charging Access Across China With NIO, XPeng, and Li Auto Networks

Xiaomi has joined the EV charging networks of NIO, XPeng, and Li Auto, giving its customers access to over 29,000 stations across China. The move marks a strategic step in bolstering Xiaomis EV business amid growing...

Japan Airlines Faces Cyberattack Disruption with Over 60 Delayed Flights and Canceled Domestic Routes

Japan Airlines experienced significant disruptions on Thursday as a cyberattack led to over 60 flight delays, including 11 international routes, and two domestic cancellations. The airline quickly resolved the network...

Nintendo Switch 2 Reveal Rumors Explode as Countdown Ending January 8 Fuels New Leaks

Nintendo Switch 2 speculation reaches new heights with a countdown set for January 8 and leaked dock images circulating online. Fans are eager but cautious as the buzz around the anticipated reveal grows. Weibo Leaker...

Sam Altman Says Superintelligence Will Ignite a 10X Boom in AI Breakthroughs Transforming the Future of Innovation

Sam Altman envisions a world where superintelligence propels AI innovation 10x faster than expected, transforming global progress and redefining humanitys future. Early Arrival of AGI Sparks Debate The most noteworthy is...