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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Dec 20, 2025 02:44 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- EURUSD Daily Outlook

Jun 19, 2023 08:43 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 1.09441 Kijun-Sen- 1.08617 EURUSD gained momentum after ECB monetary policy the previous week. The central bank hiked rates by 25 bpbs to 3.50%, the highest...

FxWirePro- GBPJPY Daily Outlook

Jun 19, 2023 05:30 am UTC| Technicals

GBPJPY hits a multi-year high on a weak yen. It hits an intraday high of 182.06 and is currently trading around 181.69. GBPUSD- Trend- Bullish The pound sterling climbed sharply and hits a 14-month high on...

FxWirePro- Gold Weekly Outlook

Jun 19, 2023 03:23 am UTC| Technicals

Ichimoku Analysis (Weekly chart) Tenken-Sen- $2003.27 Kijun-Sen- $1932.90 Gold prices recovered sharply on Friday due to mixed US economic data. It hits a high of $1967.95 and is currently trading...

FxWirePro: GBP/AUD consolidates around 1.8630, bias is bullish

Jun 16, 2023 23:35 pm UTC| Technicals

GBP/AUD strengthened on Friday as growing rate divergence between the UK and other major economies kept cross pair in consolidation mode. Next weeks UK CPI and the BoE rate announcement on June 21-22, a hot CPI print...

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

Jun 16, 2023 23:10 pm UTC| Technicals

EUR/AUD initially gained on Friday but gave up most of the ground as gains were capped by profit-taking. Pair traded in 1.5951-1.5884 range, the pair was last trading at 1.5904. Scope is growing for an eventual...

FxWirePro:EUR/NZD extends gains, critical resistance at lies ahead

Jun 16, 2023 18:51 pm UTC| Technicals

EUR/NZD initially gained but rally fizzled as investors digested ECBs rate decision. The European Central Bank (ECB) raised borrowing costs and signalled more policy tightening in its fight against sticky inflation on...

FxWirePro: GBP/NZD bulls undeterred, eyes 23.6%fib resistance

Jun 16, 2023 17:16 pm UTC| Technicals

GBP/NZD extended its yesterdays bounce as GBP was supported by hawkish shift in BoE expectations on hot data Next week, the Bank of England is expected to be in lockstep with the ECB, with the market eyeing the chances...

1401 1402 1403 1404 1405 1406 1407 1408 1409 1410

Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

Politics

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

U.S. President Donald Trump said on Friday that he plans to meet with major health insurance companies in the coming weeks in an effort to push for significantly lower healthcare costs, as millions of Americans face the...

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

The U.S. Justice Department has released hundreds of thousands of pages of documents related to the late financier and convicted sex offender Jeffrey Epstein, a move that has reignited political controversy and public...

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...