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

Become a contributor

Bookmark Econotimes

Technicals

Tue, Aug 11, 2026 12:50 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

ASX200 breaks major resistance 5600, jump till 5700 likely

Aug 01, 2016 02:26 am UTC| Technicals

Major support - 5555 (4H Kijun-Sen) The index has broken major psychological resistance at 5600 and jumped till 5622 at the time of writing. It is currently trading around 5616. Overall trend is bullish as long...

FxWirePro: USD/SGD hovers around 1.34 mark; stay bullish above 1.3430

Aug 01, 2016 02:20 am UTC| Technicals

USD/SGD is currently trading around 1.3405 marks. It made intraday high at 1.3430 and low at 1.3387 levels. Intraday bias remains bullish till the time pair holds key support at 1.3387 marks. A daily close...

FxWirePro: South Korean won opens onshore trade at 1,112.5 per dollar, hits fresh 14-month low at 1,110

Aug 01, 2016 01:48 am UTC| Technicals

USD/KRW is currently trading around 1,112 levels. It made intraday high at 1,113 and low at 1,110 levels. Intraday bias remains bearish for the moment. A sustained close below 1,110 will test key supports at...

GBP/JPY trade idea

Jul 29, 2016 12:24 pm UTC| Technicals

Major resistance- 137.40 (hourly Kijun-Sen) Major support 135.20 (trend line joining 139.24 and 135.96). The pair has made a low of 135.52 at the time of writing and recovered slightly after BOJ disappoints...

USD/CHF trades well below 200 day MA, decline till 0.9680/0.9635 likely

Jul 29, 2016 11:32 am UTC| Technicals

Major support 0.9819 (21 day MA). The pair has broken major support 0.9819 and declined till 0.97497 at the time of writing.It is currently trading around 0.97550. The pair has made a high of 0.9866 yesterday...

FxWirePro: USD/KRW forms “head and shoulder” pattern, dips or bounce back conditional upon price action at neckline

Jul 29, 2016 11:15 am UTC| Technicals

Fundamental briefing: The risk-on feel in emerging markets extending further on a dovish Fed or recovery in oil prices alongside foreign inflows into equities and bonds being sustained. Although Korean currency has won in...

EUR/USD: Buy above trend line break out (1.1140)

Jul 29, 2016 09:38 am UTC| Technicals

Major resistance- 1.1140 (trend line joining 1.11860 and 1.11648). Major support 1.10590 (21 day MA). EUR/USD jumped till 1.11195 and declined from that level. It is currently trading around 1.10962. The...

6711 6712 6713 6714 6715 6716 6717 6718 6719 6720

Economy

England Drought Expands to 71% as Heatwave Deepens Water Crisis

Nearly three-quarters of England is now experiencing drought conditions as prolonged heat and exceptionally low rainfall put increasing pressure on water supplies, agriculture and wildlife, the British government said...

Gold Prices Rise as Fed Rate Hike Bets Ease

Gold prices extended their strong rally on Monday as weak U.S. employment data reduced expectations for further Federal Reserve interest rate hikes, while investors turned their attention to upcoming U.S. inflation...

S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions

U.S. stocks ended Monday slightly lower as renewed uncertainty over the Middle East conflict pushed oil prices higher and weighed on technology shares. The SP 500 and Nasdaq Composite declined as investors grew less...

Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty

Wall Street stocks edged lower on Monday while oil prices jumped about 5% as investors weighed Federal Reserve interest rate expectations and uncertainty surrounding negotiations to reopen the Strait of Hormuz. The Dow...

UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing

British consumers increased spending on food, pubs and clothing in July, supported by Englands run to the World Cup semi-finals and unusually hot weather. However, shoppers remained cautious about larger purchases as...

Politics

North Korea Slams Japan’s 2026 Defense White Paper

North Korea has sharply criticized Japans 2026 Defense White Paper, accusing Tokyo of using concerns over Pyongyangs military activities to justify an expanding arms buildup and a more assertive defense posture. In a...

Russian Missile Attack on Kyiv Sparks Fires in City Centre

Russian forces launched a missile attack on Kyiv early Tuesday, triggering explosions and fires in the centre of the Ukrainian capital, according to local officials and witnesses. Kyivs military administration reported...

US Revokes Over 175,000 Visas Under Trump Immigration Crackdown

The U.S. State Department has revoked more than 175,000 visas held by foreign nationals under President Donald Trumps administration, marking a significant expansion of the governments immigration and visa enforcement...

Trump Demands Iran Pay Compensation Over Deaths and Injuries

U.S. President Donald Trump said Monday that he will demand compensation from Iran for people he says were killed or seriously wounded in conflicts involving Tehran, responding to Irans own push for compensation following...

South Korea, US Set Major Military Drills for August

South Korea and the United States will hold their annual Ulchi Freedom Shield (UFS) military drills from August 17 to 27, with this years exercises placing greater emphasis on countering drones, GPS interference and...

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

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...