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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Nov 16, 2024 10:36 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro:GBP/NZD plunge on soft business activity data, UK budget woes

Sep 23, 2022 22:44 pm UTC| Technicals

GBP/NZD slumped to 1.8866 on Friday as after Trusss finance minister Kwasi Kwarteng announced he was slashing taxes to try to drive economic growth.. Friday also saw Septembers flash UK PMI readings come in sub-50,...

FxWirePro: GBP/AUD falls sharply after UK fiscal event and UK PMI data, could be on verge of a bigger drop

Sep 23, 2022 18:43 pm UTC| Technicals

GBP/AUD declined sharply on Friday after UK finance minister Kwasi Kwarteng laid out a series of tax cuts in a bid to boost growth. The pound tumbled against Australian dollar after Kwartengs speech, and was last...

FxWirePro: Daily Commodity Tracker - 23rd September, 2022

Sep 23, 2022 15:50 pm UTC| Technicals

Daily Commodity...

FxWirePro: EUR/GBP spikes over 1.80%, pound dives as poor UK data raise fears of deep recession

Sep 23, 2022 15:09 pm UTC| Technicals

Chart - Courtesy Trading View EUR/GBP Spikes over 1.80%, hits fresh two-year highs, outlook bullish. UKs consumer confidence and business activity disappoint, increasing fears of a deep recession, denting the pound...

FxWirePro- Top altcoins for the day (Strength index) (XRPUSD and CHZUSD)

Sep 23, 2022 13:20 pm UTC| Technicals Digital Currency

Pair Value Recommendation XRPUSD 228.58 Buy CHZUSD 279.60 Buy Trends and levels to watch Pair Short-term trend Long-term trend Major...

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (AUDUSD and USDCAD) for the day

Sep 23, 2022 12:33 pm UTC| Technicals

Pair Value Recommendation USDCAD 414.25 Strong Buy AUDUSD -409.80 Strong Sell USDCAD Major resistance- 1.3525 Near-term support- 1.3470 Trend reversal...

FxWirePro: EUR/JPY weakens for the 3rd straight session, euro under pressure amid mixed PMI data

Sep 23, 2022 09:01 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: EUR/JPY was trading 0.68% lower on the day at 139.02 at around 08:40 GMT Previous Weeks High/ Low: 145.63/ 142.29 Previous Sessions High/ Low: 143.70/...

891 892 893 894 895 896 897 898 899 900

Economy

Russia Cuts Gas to Austria in Payment Showdown: EU Energy Crisis Takes a Heated Turn

In a dramatic escalation of Europes energy woes, Russia abruptly halted gas supplies to Austria on Saturday over a contentious payment dispute involving Austrias largest energy firm, OMV, and Russian state-owned Gazprom....

Why Inflation Won’t Stop Tariffs: ‘The Political Agenda Matters More,’ Warns Economist

As inflation continues to strain household budgets, voters remain deeply concerned about rising costs. Yet, according to UBS Chief Economist Paul Donovan, inflation fears are unlikely to deter the United States from...

‘Trump Trade’ Economics Explained: How Tariffs, Deregulation, and Spending Plans Could Reshape the Market

The Trump trade is back in focus following the dramatic market reactions to Donald Trumps return to the White House. With equities soaring, Treasury yields climbing, and the U.S. dollar strengthening, Bank of America...

‘Republican Power Play’: Trump’s Second Term Brings ‘Explosive’ Shifts in Congress Compared to 2016 Sweep

The Republican Partys decisive victory in the 2024 elections has reignited comparisons to its 2016 sweep that handed the GOP control of both the White House and Congress. However, while the broad goals of the Republican...

‘Massive Market Shakeup’: Second Trump Term Sparks Investor Optimism but Raises ‘Explosive’ Policy Questions Ahead

With Donald Trump returning to the White House, financial markets are experiencing a rapid reshuffling of expectations, according to a UBS report released this week. U.S. stocks surged following Trumps reelection,...

Politics

Alaska’s House Seat Flips Red: Nick Begich’s Stunning Victory Leaves Democrats ‘Reeling’ Over Peltola’s Defeat

In a major victory for the Republican Party, pro-life candidate Nick Begich has flipped Alaskas at-large U.S. House seat, defeating incumbent Democrat Mary Peltola in a closely contested race. The victory delivers a...

Matt Gaetz’s Attorney General Dream Shattered? Senate Republicans Privately Claim ‘No Path Forward’ Amid Mounting Opposition

As speculation swirls around a potential nomination of Rep. Matt Gaetz for Attorney General, sources within the Senate have indicated that the controversial congressman is facing significant resistance from Republican...

Texas AG Ken Paxton Sparks Controversy by Backing Kash Patel for FBI Director: ‘The Shake-Up Washington Needs'

Texas Attorney General Ken Paxton has thrown his support behind Kash Patel, a prominent ally of former President Donald Trump, as the next director of the Federal Bureau of Investigation (FBI). The endorsement has sparked...

Pennsylvania Counties Accused of Counting Disqualified Ballots: ‘Defying State Law,’ Critics Claim as Controversy Erupts

A brewing controversy in Pennsylvania is making waves as allegations emerge that Democratic officials in several predominantly blue counties defied state law and court orders by counting disqualified ballots during the...

Kash Patel for FBI Director? Washington Erupts Over Allegations of Political Targeting and Purging ‘Deep State’ Insiders

Speculation is mounting over reports that President-elect Donald Trump may nominate Kash Patel, a close ally and former national security official, as the next director of the FBI. The potential appointment is already...

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

Cathie Wood Predicts Bitcoin’s Path to $1.5 Million by 2030, Fueled by ETFs and Institutional Support

Bitcoins value may climb to $1.5 million by 2030, Ark Invests Cathie Wood predicts. With spot Bitcoin ETFs, rising institutional demand, and improved regulations, Wood argues the cryptocurrency is cementing its role as a...

Ripple Whales Buy 320M XRP in Days, Driving Price to $1.08 Amid Bullish Market Trends

Ripple whales have accumulated 320 million XRP in a massive buying spree, pushing prices to a two-year high of $1.08. Market analysts are eyeing $2 as the next target amid surging trading volume and bullish...

PNUT Hits $1.85 After $7.12M Whale Move, GOAT Climbs 90% in Solana Meme Coin Explosion

The Solana meme coin market continues its meteoric rise as a crypto whale withdrew $7.12 million worth of PNUT, driving its price up 2000%. Simultaneously, GOAT has surged by 90% since the same whale invested $6.1 million,...

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...

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...