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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Apr 11, 2026 04:57 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: South Korean won gains on the back of higher than expected manufacturing PMI data

May 02, 2016 02:20 am UTC| Technicals

USD/KRW is currently trading around 1140 levels. It made intraday high at 1146 and low at 1140 levels. Today South Korea released manufacturing PMI data with positive numbers at 50.0 m/m vs 49.5 m/m previous...

FxWirePro: Go long on AUD/NZD at 1.0860 with stop loss at 1.0844 and target of 1.0976

May 02, 2016 01:50 am UTC| Technicals

AUD/NZD is trading around 1.0865 marks. Pair made intraday high at 1.0898 and low at 1.0844 marks. Australias NAB business confidence data fell to 5 m/m vs 6 m/m previous release while NAB business condition fell...

FxWirePro: Japanese Yen hits fresh 18 –month high against US dollar in early Asian hours

May 02, 2016 01:15 am UTC| Technicals

USD/JPY is currently trading around 106.27 marks. It made intraday high at 106.72 and low at 106.13 levels. Intraday bias remains bearish till the time pair holds immediate resistance at 107.87 levels. A...

FxWirePro: Gold remains bullish as rally continues

Apr 29, 2016 17:30 pm UTC| Technicals

The yellow metal rose sharply on Friday after dollar was broadly sold across the board as Bank of Japan decision the previous day to hold off expanding monetary stimulus and weak US data weighted on the dollar. Gold...

FxWirePro: EUR/USD rallies towards 1.1460 levels, scope for further upside

Apr 29, 2016 15:52 pm UTC| Technicals

EUR /USD pair advanced in todays US session after buyers stepped in, after data showed US inflation barely rose in March as consumer spending remained tepid making it less likely for Federal Reserve increase interest rate...

FxWirePro: GBP/USD rallies to 12-week high, outlook remains bullish

Apr 29, 2016 13:55 pm UTC| Technicals

The British pound surged strongly on Friday to hit 12-week high against dollar as investors sold off dollar on back of cautious tone on further rate hike by Federal Reserve earlier in the week . Also the greenback...

FxWirePro: USD/CAD resumes downside as oil prices rally, more downside expected

Apr 29, 2016 13:16 pm UTC| Technicals

The USD/CAD inched down on Friday, falling up to 1.2500 levels in the early US session as strong advance in crude oil prices and positive Canadian GDP data kept the Canadian dollar on the higher side against the...

6751 6752 6753 6754 6755 6756 6757 6758 6759 6760

Economy

Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns

The Federal Reserve has launched a formal inquiry into major U.S. banks and their financial ties to the private credit sector, raising fresh concerns about systemic risk across the $1.8 trillion industry. The move comes as...

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

The ongoing Middle East war is sending shockwaves through the global economy, and even a fragile ceasefire brokered by U.S. President Donald Trump may not be enough to prevent lasting damage, World Bank President Ajay...

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

Politics

Iran's Lost Mines Threaten Strait of Hormuz Reopening and Global Oil Markets

A major obstacle has surfaced in efforts to reopen the Strait of Hormuz after Iran admitted it can no longer locate or recover all of the naval mines it deployed in the critical waterway, according to a New York Times...

MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions

American lawmakers are advancing one of the most aggressive semiconductor export control bills ever proposed. The Multilateral Alignment of Technology Controls on Hardware Act, widely known as the MATCH Act, has drawn...

FAA and Pentagon Approve Laser Counter-Drone System Along U.S.-Mexico Border

The Federal Aviation Administration and the Pentagon have reached a landmark agreement authorizing the deployment of a high-energy laser counter-drone system along the southern U.S. border. This milestone follows extensive...

Eric Swalwell Faces Sexual Assault Allegations Amid California Governor's Race

California Democratic Congressman Eric Swalwell is facing serious sexual assault allegations from a former district office staffer, throwing his prominent gubernatorial campaign into turmoil. The accusations, first...

Iran's Missile Arsenal Poses Ongoing Risk Despite U.S. Claims of Destruction

Recent U.S. intelligence assessments reveal that Iran still maintains thousands of operational ballistic missiles, directly contradicting the White Houses assertion that the regimes military capabilities have been...

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...