Author: FX
3/3 © Reuters. Royal Air Force Typhoon FGR4 being preparded to take off. Royal Air Force Typhoon aircraft have conducted precision strike operations against Houthi military targets in response to further attacks on shipping in the Red Sea, in this undated handout image. 2/3 By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -U.S. and British forces carried out a fresh round of strikes on Monday in Yemen, targeting a Houthi underground storage site as well as missile and surveillance capabilities used by the Iran-aligned group against Red Sea shipping, the Pentagon said. The Houthis, who control the most populous parts…
zimmytws SPAC Newcourt Acquisition Corp. (NASDAQ:NCAC) shareholders have voted to approve a planned merger with psilocybin therapy developer Psyence Biomed (OTCQB:PSYGF), but the deal may not be able to close by Newcourt’s charter deadline of Jan. 22. Newcourt disclosed the merger vote in an SEC filing on Friday, but said in an SEC filing on Monday afternoon that deal still had not closed. It added that the parties were working on satisfying conditions for the closing, including obtaining approval from Nasdaq to list shares of the combined company. It also said there could be no assurance that the deal would…
Japan media, Nikkei, says the BOJ will revise its CPI forecasts today:The Bank of Japan will revise its forecast for the rate of increase in the consumer price index (excluding fresh food) through fiscal 2025, and will assess the sustainability of the virtuous cycle between wages and prices.The Bank of Japan policy meeting is today:Bank of Japan Governor Ueda press conference will follow at 0630 GMT, which is 0130 US Eastern time.The Bank will release a new ‘Outlook’ report along with its statement today. The report is a significant publication from the BoJ. This report is formally known as the…
With the RBNZ as one of the last few hawkish central banks of the bunch, the upcoming quarterly NZ CPI release has the potential to make-or-break the Kiwi’s trends. Will we see another strong read that could keep tightening hopes in play? Or will downbeat inflation figures cause the RBNZ to shift to a more cautious stance? This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link
BOC will be the second major central bank to publish monetary policy decisions this week. What are the markets expecting from the release and how may CAD react to the report? We’re reviewing the important points you need to know if you’re planning on trading the event: This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link
Share: Mexican Peso starts the session lower as the US Dollar Index (DXY) remains steady around 103.24. Despite Wall Street gains, USD/MXN fails to rally sharply due to improved risk appetite and lower US Treasury bond yields. Mexico’s economic docket is eyed by traders, expecting the release of Economic Activity and inflation data. The Mexican Peso begins the Monday session on a lower note against the US Dollar (USD) due to the Greenback capping its earlier losses as shown by the US Dollar Index (DXY), which is virtually unchanged near 103.24. Alongside that, an improvement in risk appetite…
aristotoo/iStock via Getty Images American Water Works (NYSE:AWK) +1.2% in Monday’s trading after its New Jersey American Water unit filed a new rate request, driven by more than $1.3B in capital investments through year-end 2024. In a petition with the New Jersey Board of Public Utilities, the unit seeks a $161.7M total annual revenue increase. If the proposed rates are approved as requested, the water bill for the average residential customer using 5,640 gallons per month would increase ~$11.30/month, and the average monthly residential wastewater bill would rise ~$6.16/month, the company said. Noting American Water Works (AWK) also has a…
© Reuters. FILE PHOTO: A student walks in front of the University of Toronto, St. George campus, in Toronto, Ontario, Canada September 26, 2023. REUTERS/Wa Lone By Wa Lone TORONTO (Reuters) – Canada on Monday announced a two-year cap on the intake of foreign students after an explosive growth in recent years aggravated the housing shortage. Last year Canada issued nearly one million study permits, about three times that of a decade ago, according to government data and the new proposal will cut the intake by nearly a third. Here is how the new plans will work and what’s at…
A pessimistic growth outlook continues to limit oil’s upside potential despite elevated geopolitical tensions. Could better-than-expected US GDP provide a bullish catalyst? Source link
Like many of the currency pairs, the AUDUSD is trading in a narrow trading range. Support is holding the 200-day MA at 0.65787. The 50% midpoint of the move up from the October low, is at 0.65699. Going forward, a move below each is needed to increase the bearish bias. Conversely, stay above and traders would first look toward 0.66199 and then the broken 38.2% at 0.66407. Source link