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

Become a contributor

Bookmark Econotimes

Technicals

Sun, May 05, 2024 06:20 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: Aussie falls against major peers as employment data misses expectations

Jun 14, 2018 02:24 am UTC| Technicals

AUD/NZD is currently trading around 1.0769 marks. Pair made intraday high at 1.0792 and low at 1.0762 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0850 mark. A sustained...

FxWirePro: EUR/KRW hovers around fresh 5-month high at 1,280 mark, consistent close above targets 1,315 mark

Jun 14, 2018 01:10 am UTC| Technicals

EUR/KRW is currently trading around 1,274 mark. Pair made intraday high at 1,279 and low at 1,274 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 1,280 mark. A...

FxWirePro: GBP/JPY trade Idea

Jun 13, 2018 13:14 pm UTC| Technicals

GBP/JPY has shown a good jump in todays trading and jumped almost more than 100 pips. The pair hits high of 147.98 after Trump and Kim meeting ends in positive note. They both have signed a denuclearization deal and yen...

FxWirePro: Break above major resistance zone opens upside for NZD/CHF, stay long on close above 0.6930

Jun 13, 2018 13:05 pm UTC| Technicals

NZD/CHF has managed to break above major resistance zone at 0.6916 to 0.6928 (convergence of major EMAs). The break has opened upside for the pair. 50-DMA is immediate resistance and we see scope for test of 0.70...

FxWirePro: Break above major resistance zone opens upside for NZD/CHF, stay long on close above 0.6930

Jun 13, 2018 13:05 pm UTC| Technicals

FxWirePro: TRONUSD Daily Outlook

Jun 13, 2018 12:46 pm UTC| Technicals

Tron has launched Testnet platform on Mar 31st and MainNet on the 31st of May 2018. The main net testing period is happening between Jun 1st and Jun 24th. The genesis block will be launched on the 25th of June and token...

FxWirePro: GBP/NZD Trade Idea

Jun 13, 2018 11:36 am UTC| Technicals

FxWirePro Currency Strength Index for GBP/NZD: Bias Bearish FxWirePros Hourly GBP Spot Index was at -124.659 (Bearish) FxWirePros Hourly GBP Spot Index was at 141.004 (Bullish) Technical Analysis: Bias Bearish - The...

3501 3502 3503 3504 3505 3506 3507 3508 3509 3510

Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

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...

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...

Shiba Inu's Remarkable 12% Surge Fueled by Record SHIB Burns, Community Momentum

Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...

Vodafone Ventures into Crypto Integration: SIM Cards to Host Blockchain Wallets

Vodafone, the UK-based telecom giant, is pioneering a groundbreaking initiative to fuse blockchain technology with smartphone functionality by integrating cryptocurrency wallets directly into SIM cards. This innovative...

Leak: Huawei's Kirin PC Chip, Qingyun Notebooks to Launch Next Month

Leaked information hinting at the imminent debut of the highly anticipated Kirin PC chip alongside the release of new Qingyun notebooks. The introduction of this computer-dedicated CPU marks a significant milestone for...

Tesla Enhances Model Y Lineup with Longer-Range Variant, Price Adjustment

Tesla has revamped its Model Y offerings, bidding farewell to the standard range rear-wheel-drive (RWD) model while introducing a longer-range variant for an additional $2,000. This strategic maneuver aligns with Teslas...