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

Become a contributor

Bookmark Econotimes

Technicals

Tue, Aug 11, 2026 02:12 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Gold breaks minor trend line support, targets $1310/$1305

Jul 25, 2016 05:13 am UTC| Technicals

Major support - $1323 (trend line joining $1310.75 and $1314.75). Major resistance - $1330.50 (200 HMA). The yellow metal has broken trend line support $1322 and declined till $1313.47. It is currently trading...

FxWirePro: AUD/CAD struggles at 23.6% Fib, good to go long on break above

Jul 25, 2016 05:04 am UTC| Technicals

AUD/CAD is extending rebound from strong support around 0.9725 levels (38.2% Fib and 200-DMA). The pair is currently trading at 0.9820 levels, struggling to extend gains above 23.6% Fib at 0.9817 levels. A...

FxWirePro: USD/INR opens marginally higher at 67.18, bias remains bullish above 67.27

Jul 25, 2016 04:35 am UTC| Technicals

USD/INR is currently trading around 67.20 marks. It made intraday high at 67.23 and low at 67.16 marks. Intraday bias remains bullish till the time pair holds immediate support at 67.05 marks. Key...

FxWirePro: AUD/JPY recovers from session lows at 79.06, strong support seen at 78.90

Jul 25, 2016 04:15 am UTC| Technicals

AUD/JPY recovers from session lows at 79.06, the pair finds strong support at 78.90 (Double bottom - May 27, July 22). Weakness only on break below. Techs on weekly charts support upside in the pair. Rsisng triangle...

FxWirePro: AUD/NZD remains stable around 1.07 mark, bias remains neutral

Jul 25, 2016 03:10 am UTC| Technicals

AUD/NZD is trading around 1.0697 marks. Pair made intraday high at 1.0718 and low at 1.0652 marks. Intraday bias remains neutral for the moment. On the top side, a sustained close above 1.0754 will drag the...

FxWirePro: AUD/USD capped below 21-DMA, further upside only on break above

Jul 25, 2016 03:03 am UTC| Technicals

AUD/USD edges higher from session lows at 0.7451, but upside finds stiff resistance at 0.7506 (21-DMA). Further upside can be seen only on break above, test of 0.7575 and then 0.76 levels likely. 50-DMA at 0.7407...

ASX200 trades well above 5500, targets 5600

Jul 25, 2016 02:41 am UTC| Technicals

Major support - 5495(4H Kijun-Sen) The index has recovered sharply after making a low of 5485 yesterday. It is currently trading around 5539. Overall trend is bullish as long as the support 5450 (55 4H EMA)...

6731 6732 6733 6734 6735 6736 6737 6738 6739 6740

Economy

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High

The Japanese yen steadied against the U.S. dollar on Tuesday after suffering a sharp decline in the previous session, as the impact of the recent joint U.S.-Japan currency intervention continued to fade. Meanwhile, the...

Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy

Singapores economy delivered stronger-than-expected growth in the second quarter of 2026, prompting the government to significantly raise its full-year GDP forecast as booming global demand for artificial...

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...

Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

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...