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

Become a contributor

Bookmark Econotimes

Technicals

Sun, Apr 12, 2026 10:49 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: GBP/USD trades weak after BOE rate cut, good to sell on rallies

Aug 04, 2016 11:45 am UTC| Technicals

Major support - 1.3200 (200 HMA). The pair has declined sharply from the high off 1.3374 after BOE cuts interest rate by 25bpbs.The pair declined till 1.31557 at the time of writing. The BOE has boosted its asset...

FxWirePro: Pound dives after BoE rate cut and massive GDP downgrade

Aug 04, 2016 11:16 am UTC| Technicals

Bank of England lowered its main lending rate to a record-low 0.25 percent from 0.5 percent, in line with market expectations. BoE launched two new schemes, one to buy 10 billion pounds of high-grade corporate bonds...

FxWirePro: BOE eased and Cable tumbled, bears back in business after whipsaws – Tunnel spreads to trade

Aug 04, 2016 11:14 am UTC| Technicals

Well, as anticipated BOE eased with 25 bps to keep bank rates at 0.25%. Cable continued to tumble into deep tunnel. On 4H charts, the current prices have slid below 7DMA despite the attempts of bouncing back but at the...

US Dollar index faces strong resistance at 95.75, break above targets 96.40/97

Aug 04, 2016 10:15 am UTC| Technicals

Major resistance- 95.75 (55 day EMA) Major support 95 Us dollar index declined till 95 yesterday and slightly jumped from that level. It is currently trading around 95.69. The index is facing strong...

FxWirePro: USD/JPY edges lower from session highs at 101.66, weakness only below 100.85

Aug 04, 2016 09:32 am UTC| Technicals

USD/JPY bulls appear to have faced exhaustion at session highs near 101.66. Pair now consolidating the strong rally witnessed in the Asian session after BOJ deputy Gov Iwatas comments. BOJ deputy Gov Iwata said...

FTSE100: Sell on rallies

Aug 04, 2016 09:08 am UTC| Technicals

Major resistance 6700 (4H Kijun-Sen). Major support 6620 (90 day EMA). The index has broken major support at 6620 and declined till 6611 at the time of writing. It is currently trading around 6614. The...

USD/CHF upside capped by 7 day EMA, break above targets 0.9790/0.985

Aug 04, 2016 09:05 am UTC| Technicals

Major resistance- 0.9740 (7 day EMA). Major support: 0.9630 (Jul 29th low). The pair has broken minor resistance 0.9680 and jumped till 0.9738.It is currently trading around 0.9735. On the higher side any...

6491 6492 6493 6494 6495 6496 6497 6498 6499 6500

Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...