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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Nov 16, 2024 01:23 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- GBPJPY Daily Outlook

Nov 02, 2022 08:50 am UTC| Technicals

Candlestick Pattern- Shooting star GBPJPY pared some of its gains made the previous week on profit booking. The pair was one of the best performers in the past month and surged 1000 pips on the bullish strong pound...

FxWirePro- Gold Daily Outlook

Nov 02, 2022 05:30 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1680.27 Kijun-Sen- $1767.44 Gold showed a minor pullback above $1650 ahead of Fed monetary policy. The central bank expected to hike rates by 75 bpbs. Markets eye US...

FxWirePro: AUD/NZD consolidates break below 200-DMA, outlook bearish

Nov 02, 2022 05:16 am UTC| Technicals

Chart - Courtesy Trading View AUD/NZD breaks below 200-DMA, is extending weakness for the sixth straight session. The pair has formed a Doji on the daily candle at the time of writing, headlines from China appeared...

FxWirePro: EUR/JPY slips lower for the second straight session, eyes 21-EMA support

Nov 02, 2022 04:56 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: EUR/JPY was trading 0.28% lower on the day at 145.96 at around 04:40 GMT. Previous Weeks High/ Low: 147.72/ 143.72 Previous Sessions High/ Low: 147.11/...

FxWirePro:EUR/NZD falls on weak euro zone economic data, plunge to test a key fibo grows

Oct 31, 2022 23:21 pm UTC| Technicals

EUR/NZD declined on Monday as weak data on Eurozone inflation and GDP weighed on euro. Consumer price growth in the 19 countries sharing the euro accelerated to 10.7% in October from 9.9% a month. Gross domestic...

FxWirePro: GBP/AUD neutral in the near-term, scope for downward resumption

Oct 31, 2022 20:41 pm UTC| Technicals

GBP/AUD declined on Monday as investors geared up for key policy decisions Bank of England this week. . The pounds resurgence on newfound UK political stability has run into headwinds as traders prepare for the...

FxWirePro: GBP/NZD slides from 2.0000, eyes major fib support

Oct 31, 2022 18:02 pm UTC| Technicals

GBP/NZD declined on Monday as traders booked profits ahead of month end and BoE meeting. Fears of a deep recession in the UK have diminished higher UK rate expectations. A dovish BoE outcome on Thursday, , could send...

851 852 853 854 855 856 857 858 859 860

Economy

Barclays Warns: 'Stock Pickers Will Rule' in Chaotic Post-Election Market Shift

As markets digest the implications of Donald Trumps return to the White House, Barclays strategists are sounding the alarm: investors should prepare for a stock pickers market. With sector return dispersion expected to...

‘Vaccine Panic!’ Trump’s RFK Jr. Nomination Sparks a $7 Billion Market Meltdown, Pfizer Leads the Slide

The announcement of Robert F. Kennedy Jr. as President-elect Donald Trumps pick for Secretary of Health and Human Services (HHS) has sent shockwaves through the pharmaceutical industry, sparking a sharp sell-off in vaccine...

Wall Street Plummets as Powell Cautions on Rate Cuts and Trump Cabinet Picks Shake Confidence

Wall Street saw a dramatic downturn on Friday, with major indexes recording their steepest losses in two weeks. Investor sentiment soured following Federal Reserve Chair Jerome Powells cautious remarks on future rate cuts...

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 15th2024 7 am GBP GDP...

FxWirePro-China's Economic Outlook: Mixed Signals in Industrial Production and Retail Sales for October 2024

In October 2024, Chinas economy showed mixed results in two key areas: industrial production and retail sales. Industrial Production: Growth was at 5.3% compared to last years, which was lower than the expected 5.5%...

Politics

Dogecoin Eyes $4 After Elon Musk Affirms 'D.O.G.E. Has Real Potential'

Dogecoin is on a meteoric rise after Elon Musk affirmed that D.O.G.E. Has Real Potential. His new role as head of the Department of Government Efficiency has further amplified investor optimism, propelling the coin to...

Trump's 2025 Policies Poised to Take Crypto Mainstream: Bitcoin Boom and DeFi Surge, Says Redstone Co-Founder

Donald Trumps potential 2025 presidency is stirring excitement in the crypto world, with Redstones co-founder suggesting policies that could push Bitcoin and DeFi into mainstream finance. Analysts predict innovation and...

‘War on Christians’? Pete Hegseth Slams Media Bias, Promises Change Under Trump’s Defense Department on ‘Day One’

Conservative commentator Pete Hegseth has ignited a new round of cultural debate, alleging that media outlets are unfairly targeting Christians, conservatives, and patriots. In a fiery social media post, Hegseth vowed that...

InfoWars Auction ‘Rigged’? Criminal Investigation Sparks as Alex Jones Claims His Platform Is Back in Action

A criminal investigation has been launched into allegations of a conspiracy to manipulate the auction for InfoWars, the controversial platform founded by Alex Jones. The probe comes as Jones declares that InfoWars has been...

Fetterman Calls for Calm: 'Stop Freaking Out Over Trump' as Democrats Face Post-Election Reckoning

Sen. John Fetterman, a prominent voice within the Democratic Party, is calling for cooler heads as Democrats grapple with President-elect Donald Trumps post-election transition. In a recent statement, Fetterman urged his...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

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...

Technology

Shiba Inu Burn Rate Spikes 464% With Over 624M SHIB Burned in a Week, Price Gains Ahead?

Shiba Inus burn rate soared 464% this week, with 624.5 million SHIB tokens burned. The supply shock aligns with a 6% intraday price increase, signaling bullish momentum for the meme coin amid a broader market rally in meme...

Corporate Giants Rekindle Ties With X, Leaving Critics Questioning 'Ethical Advertising Standards' in Shocking Comeback

Disney, IBM, Comcast, Warner Bros. Discovery, and Lionsgate Entertainment have announced plans to resume advertising on X, the social media platform formerly known as Twitter, after boycotting it last year. The move marks...

Tesla’s $387 Price Target Shocks Wall Street as RBC Predicts an AV Takeover

Teslas stock received a major boost on Friday as RBC Capital raised its price target to $387, up from $323, citing increased confidence in the companys ambitious autonomous vehicle (AV) plans and its dominance over...

Donald Trump’s Potential iPhone Tariff Bombshell: Jefferies Warns of a ‘$256 Price Hike Nightmare’

Apple Inc. could be staring down a significant financial hit if former President Donald Trump reintroduces tariffs during a potential second term, according to a detailed analysis by Jefferies on Friday. The investment...

Dogecoin Whales Scoop 140M DOGE in 24 Hours as Market Eyes $3 Rally Amid Elon Musk Buzz

Dogecoin whales have amassed 140 million DOGE worth $56 million in the past day, reflecting growing market confidence. This surge follows bullish sentiment and Elon Musks recent federal efficiency appointment, sparking...