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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Dec 06, 2025 02:27 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- Major US Indices

Aug 14, 2025 13:41 pm UTC| Technicals

SP 500- 6440 (-0.33%) Major resistance- 6470 Near-term resistance -6450 Minor support- 6347/6289/6220/6180/6130/6080/6065/6000/5970. Trend reversal level- 4800 The pair holdsabove the short-term (34, 55...

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA setup)(US Session)

Aug 14, 2025 13:35 pm UTC| Technicals

Pair 4-Hour 8-hour Major resistance Major Support Trend...

PPI's Punch: EUR/USD Takes a Breather, Holds Strong

Aug 14, 2025 13:22 pm UTC| Technicals

EUR/USDpared some of its gains after upbeat US PPI data. It hit an intraday low of 1.16487 and is currently trading around 1.16660. Overall trend remains bullishas long as support 1.1590 holds. With core PPI also...

FxWirePro- Major European Indices

Aug 14, 2025 11:15 am UTC| Technicals

Germany DAX - 24290 (0.24%) Major resistance- 24800 Near-term resistance 24445/24600/24700/24800. Minor support - 23950/23600/23000/22700/22300. Trend reversal level- 17000 The pair...

EUR/GBP Weakens Post-UK GDP, Bears Target 0.8485

Aug 14, 2025 11:00 am UTC| Technicals

EURGBP lost its shineafter upbeat UK GDP data. Intraday bias remains bearish as long as the resistance 0.8660 holds. It hit an intraday low of 0.85963 and is currently trading around 0.86094. Despite a 0.3% drop in...

FxWirePro: GBP/USD edges higher following UK GDP data

Aug 14, 2025 10:55 am UTC| Technicals

GBP/USD edged higher on Thursday after data showed UK economy grows by stronger-than-expected in Q2. UK GDP (Q2 2025): Expanded 0.3% after 0.7% growth in Q1, beating expectations and boosting Finance Minister Rachel...

FxWirePro: USD/CNY slides amid easing dollar

Aug 14, 2025 10:00 am UTC| Technicals

USD/CNY touched a two-week low on Thursday, pressured by a softer dollar following the Feds dovish stance. Traders view a Fed rate cut on September 17 as nearly certain, with data showing about 7% odds of a...

231 232 233 234 235 236 237 238 239 240

Economy

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions

U.S. President Donald Trump met with Mexican President Claudia Sheinbaum and Canadian Prime Minister Mark Carney in Washington on Friday, holding private talks focused on trade, immigration, and regional cooperation. The...

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Politics

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Cuba Quietly Signals Openness to Post-Maduro Venezuela as U.S. Pressure Intensifies

U.S. pressure on Venezuela has triggered discreet outreach from figures inside the Cuban government, according to two sources familiar with the sensitive communications. The individuals, who requested anonymity, said that...

Escalating Conflict in Eastern Congo Despite U.S.-Brokered Peace Efforts

Fighting intensified across eastern Democratic Republic of Congo on Friday, just a day after U.S. President Donald Trump met with Congolese President Felix Tshisekedi and Rwandan President Paul Kagame in Washington. The...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...