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

Become a contributor

Bookmark Econotimes

Technicals

Sun, Dec 29, 2024 03:47 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro:NZD/USD neutral in the near-term, scope for downward resumption

Nov 15, 2024 06:41 am UTC| Technicals

NZD/USD trimmed sharp weekly losses on Friday as investors digested Federal Reserve Chair Jerome Powell comments and mixed Chinese economic data. Data on Friday showed ,Chinas retail sales handily outpaced forecasts,...

FxWirePro- GBPJPY Trade Idea

Nov 15, 2024 06:39 am UTC| Technicals

The GBP/JPY currency pairshowed a nice jump of more than 150 pips on the weak yen.. It hit a high of 198.45and is currently trading around 198.18.The Potential Reversal Zone (PRZ) is set at 200.20. Todays release of the...

FxWirePro: AUD/USD gains some upside momentum but still bearish

Nov 15, 2024 06:25 am UTC| Technicals

AUD/USD found support on Friday following a period of volatility, with recent losses primarily reflecting broad-based gains in the U.S. dollar. The U.S. currency got an added boost late Thursday when Federal Reserve...

FxWirePro: EUR/NZD attracts buying interest, 23.6% fibonacci eyed

Nov 15, 2024 00:03 am UTC| Technicals

EUR/NZD strengthened on Thursday as euro benefited from strongly weaker New Zealand dollar. EUR/NZD has seen a 1.7950-1.8010 range on Thursday.Todays bounce away from short-term support may be beginning of bull sign ...

FxWirePro: EUR/AUD gains some upside momentum ,eyes 1.6400 level

Nov 14, 2024 23:28 pm UTC| Technicals

EUR/AUD strengthened on Thursday as higher US yields falling Iron-ore , copper prices weighed on Australian dollar. Copper prices extended declines on Thursday to hit two-month lows, weighed down by a stronger U.S....

FxWirePro: GBP/AUD key resistance broken, door to 1.9700 open

Nov 14, 2024 23:18 pm UTC| Technicals

GBP /AUD strengthened on Thursday as elevated U.S. yields, sliding commodities, China concerns weighed on Australia dollar. Copper prices continued to fall for their fifth consecutive session on Thursday to their...

FxWirePro: USD/CAD extends gains after US labor market, inflation data

Nov 14, 2024 19:01 pm UTC| Technicals

USD/CAD rose higher on Thursday as U.S. dollar extended gain after upbeat US economic data. The Labor Department reported on Thursday initial claims for state unemployment benefits dropped 4,000 to a seasonally...

81 82 83 84 85 86 87 88 89 90

Economy

Elon Musk's Tesla Vision-Only Tech Sparks LiDAR Debate as Li Auto CEO Cites China Highway Dangers

Li Auto CEO takes aim at Elon Musk and Teslas vision-only strategy, arguing LiDAR is essential for handling Chinas challenging highway conditions. Li Auto CEO Highlights LiDAR for Chinas Unique Highways Even if the...

Bezos’ Blue Origin FAA Approval Paves Way for New Glenn Rocket Launch in Space Race

The FAA has approved Blue Origins New Glenn rocket, allowing Jeff Bezos space company to compete in critical national security satellite launches. FAA Grants Blue Origin License for New Glenn Rocket Launch On Friday, the...

What OpenAI’s Public Benefit Shift Means for the Future of AI

OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to drive societal impact in the fast-evolving AI sector. OpenAI Embraces Public Benefit Corporation...

Massive Chrome Extension Breach Exposes Data Security Risks Across Companies

In an alarming cybersecurity breach, hackers compromised Chrome extensions of multiple companies, including Cyberhaven, to access sensitive data. The attack, ongoing since December, highlights vulnerabilities in browser...

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,...

Politics

What industries might face challenges under Donald Trump’s new economic policies?

As Donald Trump plans to implement new economic policies in 2025, several industries in the U.S. may face significant challenges. His administration has outlined an agenda that emphasizes tax cuts, deregulation, and trade...

What are Donald Trump’s plans for federal loan forgiveness programs in 2025?

Former President Donald Trump is reportedly gearing up to revamp federal loan forgiveness programs in 2025, aiming to address rising student debt and borrower frustrations. Trumps administration previously sought to...

How will Donald Trump handle tax audits for corporations during his presidency?

Former President Donald Trump is reportedly preparing an aggressive overhaul of corporate tax audits as part of his 2025 presidential agenda. Trump, known for his unrelenting focus on reforming tax policies, aims to...

What changes are expected in Donald Trump’s 2025 trade policies with China?

Former President Donald Trump is signaling a dramatic shift in U.S. trade policies as he prepares for a potential return to the White House in 2025. Known for his hardline stance against Chinas economic practices, Trump is...

Robert F. Kennedy Jr. Stuns America with Bold Plan to Clean Out Corrupt Officials Keeping Us Sick

Robert F. Kennedy Jr., the nominee for Secretary of Health and Human Services under Donald Trump, has vowed to take unprecedented action to combat corruption within the U.S. healthcare system. In a fiery statement, Kennedy...

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...

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...

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...