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

Become a contributor

Bookmark Econotimes

Technicals

Wed, May 15, 2024 04:02 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/JPY under pressure ahead of non-farm payrolls report, 'Bullish Divergence' keeps scope for upside

Jun 07, 2019 04:16 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY comatose, trades in narrow ranges and markets cautious ahead of non-farm payrolls report. Data released overnight showed ADP private payrolls plunge to 27,000 in May after Aprils...

FxWirePro: Taiwanese dollar trades marginally lower against U.S. dollar, good to buy on dips

Jun 07, 2019 04:13 am UTC| Technicals

USD/TWD is currently trading around 31.36 marks. It made intraday high at 31.38 and low at 31.27 marks. Intraday bias remains bullish for the moment. A daily close above 31.26 will drag the parity up towards...

FxWirePro: Nikkei trades higher on US-Mexico trade optimism, good to buy on dips

Jun 07, 2019 03:53 am UTC| Technicals

Nikkei is trading higher for 3rd consecutive day and jumped more than 600 points .The main reason for recovery are Fed Chairman dovish comments rises chance of rate cut US-Mexico trade talks in...

FxWirePro: USD/THB remains well supported above 31.30 mark, consistent close below requires for downside rally

Jun 07, 2019 03:08 am UTC| Technicals

USD/THB is currently trading around 31.34 marks. It made intraday high at 31.36 and low at 31.29 marks. Intraday bias remains neutral till the time pair holds key support at 31.30 marks. On the top side, key...

FxWirePro: USD/SGD stabilizes below 1.3650 mark, faces key support at 1.3625 mark

Jun 07, 2019 02:28 am UTC| Technicals

USD/SGD is currently trading around 1.3642 marks. It made intraday high at 1.3649 and low at 1.3638 levels. Intraday bias remains neutral till the time pair holds key support at 1.3625 mark. A daily close...

FxWirePro: EUR/KRW moves in rigid boundaries, consistent close above 1,333 requires for upside rally

Jun 07, 2019 01:51 am UTC| Technicals

EUR/KRW is currently trading around 1,326 mark. It made intraday high at 1,329 and low at 1,326 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,333 mark. A sustained close...

FxWirePro: Japanese yen trades marginally lower in early Asia after mixed economic data

Jun 07, 2019 01:00 am UTC| Technicals

USD/JPY is currently trading around 108.50 marks. It made intraday high at 108.53 and low at 108.32 levels. Intraday bias remains slightly bullish till the time pair holds key support at 108.06 marks. A...

2671 2672 2673 2674 2675 2676 2677 2678 2679 2680

Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

China's BYD Launches Hybrid Pickup in Mexico, Boosts Presence in North America as US Hikes EV Tariffs

Chinas BYD launches the Shark hybrid pickup truck in Mexico on May 14, countering US EV tariffs and boosting its presence in North America. BYDs New Shark Pickup Enters Mexican Market as US Hikes Tariffs on Chinese...

Important Shiba Inu Metric Explodes by 2,300% as SHIB Price Rises: Details Inside

Important Shiba Inu metric explodes by 2,300% as the SHIB price rises. Shiba Inu adoption continues to grow, with users now able to book Airbnb and buy Nike clothes via SHIB. Shiba Inus Daily Volume Surges 2,300%,...

GPT-4o Isn't Going to Kill Teaching or Customer Service, Experts Say

On May 13, OpenAI unveiled GPT-4o, showcasing its advanced speech and emotion detection, stirring debates on AIs impact on jobs. OpenAIs GPT-4o Uses Real-Time Cameras, Raising Concerns About Job Security in Various...

Joe Biden Hikes Tariffs on Chinese EVs, Solar Cells, Steel, Aluminum, and Snipes at Donald Trump

On May 14, President Joe Biden announced new tariffs on Chinese EVs, solar cells, and steel, intensifying U.S.-China trade tensions and taking a jab at Donald Trump. Biden Criticizes Chinese Government Subsidies,...

Pepe Coin Reaches New ATH as Smart Money Moves 250.5B PEPE Tokens

Pepe currency has emerged as one of the most promising cryptocurrencies in the meme coin industry this year, recently reaching a new all-time high. Despite the turmoil in the broader crypto market, the coin has defied...