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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Dec 25, 2025 07:19 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

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

May 25, 2017 17:30 pm UTC| Technicals

The USD/JPY pair dipped on Thursday as greenback struggled for direction after minutes from Wednesdays U.S. Federal Reserve meeting suggested that the central bank could take a more cautious approach to interest rate...

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

May 25, 2017 16:16 pm UTC| Technicals

The USD/CAD pair inched higher in the US session on Thursday as slide in oil prices pressured oil correlated Canadian dollar. Oil prices fell as OPEC prepared to extend supply curbs by nine months to March 2018 to...

FxWirePro: GBP/USD drops below 1.2950 after UK Q1 GDP revised lower, more downside expected

May 25, 2017 15:08 pm UTC| Technicals

GBP/USD declined on Thursday as sterling was weighed down on after data showed Britains economy slowed more than previously thought in the first quarter of this year. Gross domestic product grew by just 0.2 percent...

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

May 25, 2017 14:34 pm UTC| Technicals

The EUR /USD pair fell as low as 1.0595 in the early US session, as greenback clawed back from earlier losses after US weekly jobless claims data. Initial claims for state unemployment benefits increased 1,000 to a...

FxWirPro: US Dollar Index faces strong resistance at 89 W EMA, close above targets 98.60

May 25, 2017 13:33 pm UTC| Technicals

US Dollar index shown minor weakness after jumping till 97.47. It is currently trading around 97.16. Short term trend is still weak as long as index not closing above 89 EMA in the weekly chart. The index has shown a...

FxWirePro: EUR/USD trade idea

May 25, 2017 11:51 am UTC| Technicals

Major support 1.1160 (May 22nd 2017 low). EURO recovered sharply post FOMC minutes and hits 1.1250 level. The Fed minutes showed that members are supporting for gradual increase in rates and to cut back on the Feds...

FxWirePro: GBP/USD declines on weak U.K GDP second estimate, good to sell on rallies

May 25, 2017 11:22 am UTC| Technicals

Cable once again declined after showing a minor jump above 1.3000 after the weaker than expected UK GDP data. The pair is currently trading around 1.29583. UKs GDP figures showed that economy is expanded at 0.2% QOQ...

5581 5582 5583 5584 5585 5586 5587 5588 5589 5590

Economy

Taiwan Stock Market Ends Higher as Semiconductor and Energy Shares Lead Gains

Taiwan stocks closed higher on Thursday, supported by broad-based gains across key sectors including semiconductors, oil, gas and electricity, as well as construction. The Taiwan Stock Exchange Weighted Index finished the...

BOJ Governor Signals Gradual Rate Hikes as Japan’s Inflation Nears 2% Target

Bank of Japan Governor Kazuo Ueda said Japans underlying inflation is steadily accelerating and moving closer to the central banks long-standing 2% target, reinforcing expectations that interest rate hikes will continue if...

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Politics

U.S. Prioritizes Economic Pressure With Venezuelan Oil Quarantine as Sanctions Intensify

The United States has shifted its near-term military focus toward enforcing a so-called quarantine on Venezuelan oil exports, signaling a strategy that prioritizes economic pressure over direct military confrontation....

Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy

Hanwha Group has announced that its Philadelphia-based shipyard has the technical capability to build nuclear-powered submarines for the U.S. Navy, highlighting the South Korean conglomerates growing ambitions in the...

China’s One-Child Policy Legacy Resurfaces After Death of Former Population Chief

The death of Peng Peiyun, a former senior Chinese official who oversaw the countrys one-child policy for a decade, has reignited fierce debate on Chinese social media about the long-term impact of the controversial...

Christmas Eve Jazz Concert Canceled After Kennedy Center Renaming to Include Trump

A planned Christmas Eve jazz concert at the Kennedy Center in Washington, D.C., has been canceled following a controversial decision to rename the iconic performing arts institution to include the name of Republican U.S....

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

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

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...