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

Become a contributor

Bookmark Econotimes

Technicals

Mon, Aug 03, 2026 09:43 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/CHF hits multi-week high on reducing demand for safe-haven asset,good to buy on dips

Jan 18, 2019 10:06 am UTC| Technicals

USDCHF is trading higher for 4thconsecutive day and jumped more than 150 pips on account of easing geopolitical tensions. The trade optimism between US and China has increased demand for risky assets such stocks. The pair...

FxWirePro: GBP/JPY jumps sharply on strong GBP,jump till 145 likely

Jan 18, 2019 07:51 am UTC| Technicals

GBP/JPY was trading higher and jumped more than 150 pips after UK PM Theresa May won no confidence vote in narrow margin 325 votes to 306 votes. The voting on UK PM May Brexit plan B and amendments to the motion will take...

FxWirePro: NZD/CAD recovery lacks traction, stay short on below 0.8930

Jan 18, 2019 07:49 am UTC| Technicals

NZD/CAD chart on Trading View used for analysis NZD/CAD edges higher from fresh weekly lows at 0.8935 with a Doji formation. Upside struggling to gather momentum, trades rangebound on the day at 0.8979 at 0730...

OPEC’s Production Drop Props Up WTI Crude Price Fundamentally, Hammer Technically –FxWirePro’s desirable yields via directional hedging

Jan 18, 2019 06:32 am UTC| Research & Analysis Technicals

A Quick Glimpse on OPECs Inventory: As per the OPECs MOMR Jan2019,the production declined by more than 700,000 barrels a day last month, which was primarily driven by Saudi Arabi the de-facto head of OPEC and the worlds...

FxWirePro: Gold trades flat as investor risk appetite reduces buying interest, good to buy above $1300

Jan 18, 2019 06:22 am UTC| Technicals

Gold is trading in narrow range between $1298 and $1276 for past 10 days. The yellow metal is holding strong despite strong global stock market.It is currently trading around $12. The major three factors that drive gold...

FxWirePro: AUD/USD extends range trade, finds stiff resistance at 110-EMA at 0.7220

Jan 18, 2019 06:11 am UTC| Technicals

AUD/USD chart on Trading View used for analysis AUD/USD is trading in a narrow range, with days high at 0.7205 and low at 0.7185. The pair is extending sideways grind, major trend remains bearish. 110-EMA...

FxWirePro: EUR/JPY Daily Outlook

Jan 18, 2019 05:01 am UTC| Technicals

EUR/JPY chart on Trading View used for analysis EUR/JPY trades 0.17% higher on the day at 124.61 at 0450 GMT. Major trend in the pair is bearish. Recovery finds stiff resistance at 124.95 (20-DMA). Break...

4501 4502 4503 4504 4505 4506 4507 4508 4509 4510

Economy

KOSPI Drops Nearly 5% as Samsung, SK Hynix Lead AI Stock Selloff

South Koreas benchmark KOSPI tumbled nearly 5% on Monday, extending losses after recording its worst monthly decline since the 2008 global financial crisis. Renewed selling in major semiconductor stocks erased much of...

Japanese Yen Rallies as Intervention Hopes and BOJ Outlook Weigh on USD/JPY

The Japanese yen extended its rally against the U.S. dollar on Monday, climbing nearly 1% as investors increased bets that Japanese authorities could launch another coordinated currency intervention with the United States...

Gold Prices Rise as Trump Delays Iran Strike, Oil Slumps

Gold prices edged higher on Monday after a sharp decline in oil prices eased inflation concerns, boosting demand for safe-haven assets. The rally came after U.S. President Donald Trump delayed a planned military strike...

Asian Stocks Slide as AI Selloff Hits South Korea, Oil Prices Drop on Iran Talks

Asian stock markets opened the week lower on Monday, with South Korea leading regional losses as renewed selling in artificial intelligence-related technology stocks overshadowed improving investor sentiment from easing...

US Stock Futures Rise as Trump’s Iran Talks Boost Market Sentiment Ahead of Key Earnings

U.S. stock index futures moved higher late Sunday after President Donald Trump announced that negotiations with Iran would begin on Monday, easing geopolitical concerns and lifting investor sentiment. The prospect of...

Politics

DOJ Rescinds Anti-Weaponization Fund Ahead of Todd Blanche Senate Confirmation Vote

The U.S. Justice Department has rescinded an order establishing the controversial Anti-Weaponization Fund just days before the Senate Judiciary Committee is set to consider Todd Blanches nomination for attorney general, a...

Former House Appropriations Chair Kay Granger Dies at 83

Former U.S. Representative Kay Granger, a longtime Texas Republican and the first Republican woman to chair the powerful House Appropriations Committee, has died at the age of 83, according to confirmation from her son,...

Taiwan Says U.S. Military Cooperation Is Stronger Than Many Realize

Taiwans military cooperation with the United States is stronger than many people realize, Defence Minister Wellington Koo said, highlighting expanding exchanges with the U.S. Pacific Command as Taipei works to strengthen...

Russian Border Drone Strike Kills Child in Belgorod, Injures Two Others

A Ukrainian drone strike in Russias Belgorod region killed a 13-year-old girl and injured two other children on Sunday, according to local Russian officials. The incident occurred near a playground in the border village of...

China Defends Industrial Policy Ahead of Key U.S. and EU Trade Talks

China is doubling down on its industrial-focused economic strategy as it prepares for high-stakes trade negotiations with the United States and the European Union, signaling little intention of making major policy changes...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Meta Cuts Wipro Outsourcing by 25% After AI-Led Restructuring

Meta Platforms has reportedly reduced the amount of IT work it outsources to Wipro Ltd by at least 25% following an artificial intelligence-driven restructuring that resulted in the closure of its digital marketing...

Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race

Alibaba Group (HK:9988) shares climbed sharply on Monday after the company introduced Qwen 3.8-MAX, the newest version of its flagship artificial intelligence model, highlighting its growing ambitions in the rapidly...

SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation

Space Exploration Technologies Corp. (NASDAQ: SPCX) is set to release its first quarterly earnings report on August 4, but Bernstein believes investors should focus less on the financial results and more on managements...

AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow

Public opposition to large-scale data center construction is rising sharply, creating new challenges for the artificial intelligence (AI) infrastructure boom, according to Wolfe Research. The firm identified growing voter...

T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger

Senior executives at T-Mobile US have reportedly told parent company Deutsche Telekom that they do not support a proposed $300 billion merger between the two companies, citing shareholder resistance and potential...