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

Become a contributor

Bookmark Econotimes

Technicals

Sun, Nov 17, 2024 07:47 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- Gold Weekly Outlook

Jul 18, 2022 05:07 am UTC| Technicals

Ichimoku Analysis (Weekly chart) Tenken-Sen- $1788.42 Kijun-Sen- $1884.07 Gold price lost its shine the previous week after surging US inflation. US CPI hits a 40-year high at 9.1% yearly in June...

FxWirePro: AUD/USD Daily Outlook

Jul 18, 2022 04:39 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.15% higher on the day at 0.6801 at around 04:25 GMT. The pair picks up bids amid easing fears of hawkish Fed rate hikes. Further, Chinas readiness for more stimulus...

FxWirePro: EUR/AUD gives back chunk of early gains, eyes another drop

Jul 15, 2022 23:23 pm UTC| Technicals

EUR/AUD initially gained on Friday but gave ground as Italian political risk and energy supply crunch Europe in weighed on euro. . The euro zone grappled with a deepening energy crisis as Russia shut down a gas pipeline...

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

Jul 15, 2022 22:53 pm UTC| Technicals

GBP/ NZD declined on Friday as economic slowdown in the UK coupled with domestic political uncertainty. Bears have tightened their grip after registering a close below the 1.9352 (50%fib),scope grows for bigger gains...

FxWirePro: GBP/AUD heads deeper into bear territory, 23.6% fibonacci eyed

Jul 15, 2022 18:16 pm UTC| Technicals

GBP/AUD declined on Friday recession fears and political uncertainty in UK weighed on the pair. The pair failed to breach a key 23.6% fib retracement at 1.7444 as the pair was severely oversold. Selling pressure...

Gold Daily Outlook

Jul 15, 2022 15:57 pm UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1721.57 Kijun-Sen- $1721.57 Gold price pared some of its gains after upbeat US PPI data. The Producer price index rose 11.3% in the 12 months through June, the highest...

FxWirePro- Major pair levels and bias summary

Jul 15, 2022 15:55 pm UTC| Technicals

Major pair levels and bias...

991 992 993 994 995 996 997 998 999 1000

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

Tyler Winklevoss: D.O.G.E. Could Be the US’s Secret Weapon Against Rising Inflation

Tyler Winklevoss, co-founder of Gemini, supports D.O.G.E.s innovative approach to tackling inflation while criticizing the SECs restrictive stance. He emphasizes Bitcoins potential as digital gold amid U.S. economic...

Trump Meeting Rumors Put Ripple Labs CEO in Hot Seat; XRP Soars Amid Backlash

Ripple Labs CEO Brad Garlinghouse is under fire following rumors of a meeting with President-elect Trump. Industry leaders accuse Ripple of promoting an anti-bitcoin agenda as XRP prices spike amid the speculation. The...

Trump’s Bitcoin Reserve Plan: Could $90B in BTC Make the U.S. a Crypto Superpower?

Donald Trumps proposal for a $90 billion U.S. Bitcoin reserve sparks debate among financial experts. Advocates like Anthony Pompliano call it a vital step to counter the growing crypto influence of nations like Bhutan and...

Kamala Harris Meeting Trump After Biden's White House Talks? ‘Explosive’ Speculation Swirls Over Political Shift

Speculation is swirling in the nations capital after unconfirmed reports suggested Vice President Kamala Harris might hold a meeting with President-elect Donald Trump. This follows Trumps widely publicized meeting with...

‘The Hammer of Justice Is Coming!’ Elon Musk’s Explosive Warning to Foreign Interference ‘Hoax Pushers’ Shakes Social Media

Billionaire entrepreneur Elon Musk has ignited a firestorm of debate with a bold statement addressing those he claims promoted foreign interference hoaxes. In a dramatic declaration on his social media platform X, Musk...

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

XRP Surges 82%, Golden Cross Signals Historic Breakout Beyond $1.265

XRPs price skyrocketed over 80% this week, reaching $1.265, its highest in three years. A rare golden cross pattern on the weekly chart hints at what could be a historic price rally for the cryptocurrency. XRP Rockets...

Trump’s Crypto Win Rocks Ethereum: Bitcoin Soars, ETH Slumps ‘More Brutal Than I Expected’

Ethereums decline against Bitcoin has surprised experts, with Lyn Alden calling the drop more brutal than expected. Despite Trumps crypto-friendly administration, Bitcoin surged 31%, leaving Ethereum struggling with a...

Shiba Inu Team Sounds Alarm on Scammers Amid SHIB’s 12.5% Price Surge

The Shiba Inu team has raised concerns about crypto scams targeting its community as SHIBs price rose by 12.5% within 24 hours. Investors are advised to avoid FOMO-driven schemes and prioritize sustainable projects that...

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...