Author: FX
SUN: Greek ElectionsMON: PBoC LPR AnnouncementTUE: BoK Announcement, EZ/UK/US Flash PMIs (May), US Richmond Fed (May)WED: FOMC Minutes, RBNZ Announcement, UK Inflation (Apr), German Ifo Survey (May)THU: CBRT Announcement, SARB Announcement, German GDP (Q1), GfK Consumer Sentiment (Jun), US GDP 2nd (Q1)/PCE Prices (Q1)FRI: Japanese Tokyo CPI (May), UK Retail Sales (Apr), US PCE (Apr), University of Michigan Final (May)NOTE: Previews are listed in day-orderGreek Elections (Sun): Voters will head to the polls for what is likely to be the first of two rounds of voting where the result is very likely to see a continuation of incumbent PM Mitsotakis’…
5/5 © Reuters. FILE PHOTO: Greek Prime Minister and conservative New Democracy party leader Kyriakos Mitsotakis and leftist Syriza party leader Alexis Tsipras, take part in a televised debate at the headquarters of the state broadcaster ERT, in Athens, Greece, May 10, 2 2/5 By Renee Maltezou and Gina Kalovyrna ATHENS (Reuters) -Greece went to the polls on Sunday in a general election unlikely to produce a clear winner, with a second vote expected by July if the country’s fractious political parties fail to agree to a coalition. While opinion polls have placed the ruling conservative New Democracy party ahead,…
In this analysis, I will provide a detailed technical analysis of Tesla’s stock price forecast, accompanied by a trade idea that utilizes a unique Fibonacci entry method. I discuss the recent price movements, identify potential patterns, and suggest a trade strategy for traders considering a Long position with TSLA stock. Please note that trading involves risk, and it is important to conduct thorough research and analysis before making any investment decisions. Analyzing Tesla’s Stock on the Daily Time Frame Since late 2020, Tesla’s stock has shown indications of a head and shoulders pattern on the daily time frame. The pattern…
5/5 © Reuters. Ukraine’s President Volodymyr Zelenskiy and French President Emmanuel Macron shake hands during the G7 leaders’ summit in Hiroshima, Japan May 20, 2023. Ukrainian Presidential Press Service/Handout via REUTERS 2/5 By Andreas Rinke and Trevor Hunnicutt HIROSHIMA, Japan (Reuters) – The Group of Seven (G7) rich nations signalled to Russia their readiness to stand by Ukraine for the long haul while giving President Volodymyr Zelenskiy a chance to win over countries such as Brazil and India on the last day of a summit in Japan. Distrust of China as a trading partner and determination to help Ukraine repel…
imaginima/iStock via Getty Images Most of the United States will face an elevated risk of blackouts if summer weather turns extreme, extending into parts of the southeast U.S. for the first time, according to the regulatory body that oversees power grid stability. Energy supply should be adequate to meet normal summer peak demand, but “if summer temperatures spike and become more widespread, the U.S. West, Midwest, Texas and Southeast United States, New England and Ontario may experience resource shortfalls,” the North American Electric Reliability Corp. said this week in its 2023 Summer Reliability Assessment. Extreme heat events put the western…
US President Biden is in Japan for the G7 leaders’ summit.While the cat’s away the mice are not making progress. This is the latest out of Washington politics surrounding the debt ceiling negotiations:US House Speaker Republican Kevin McCarthy said he is not seeing progress while the President is away – “Unfortunately, the White House moved backwards,” McCarthy told reporters (link to US politics media, The Hill, for more if you are interested) Meanwhile on the Dem side, this is from another US politics media source, Politico reporter tweet:”Democrats in the White House and on Capitol Hill say negotiations are going…
© Reuters The demand for self-custody solutions is growing, according to Jameson Lopp, co-founder and chief technology officer of wallet provider Casa. In a conversation with Cointelegraph at Bitcoin 2023, Lopp stated that Casa has found it necessary to provide Ethereum support due to the increased number of Ethereum users seeking the service. Incidents like the collapse of FTX in 2022 have raised awareness of the need for a secure way to store Ethereum and Ethereum tokens such as stablecoins, Lopp said: Continue Reading on Coin Telegraph Source link
Teva long-acting schizophrenia drug Uzedy reduces relapse risk up to 80% Source link
Mario Tama/Getty Images News Ozempic, Novo Nordisk’s (NVO) best-selling drug, will achieve annual sales of $17B by 2029 as it will continue its dominance in the diabetes market, according to a new report. Data analytics and consulting company GlobalData expects Ozempic (semaglutide) sales to rise 23% in 2023 compared to last year to $12.5B. In Q1 2023, Novo (NVO) reported Ozempic revenue of DKK 19.64B (~$2.85B). GlobalData noted that Ozempic sales this year will be 54% higher than its closest competitor, Eli Lilly’s (NYSE:LLY) Trulicity (dulaglutide), which is forecast to have $8B in sales. Both are glucagon-like peptide-1 receptor agonists…
belterz Distress in corporate finance is increasing. In the near-zero interest rate environment during the pandemic and through February 2022, corporations could take on more debt or extend existing debt without adding much to their debt burdens. In addition, government support helped keep many U.S. businesses afloat during pandemic lockdowns. That helped keep corporate and personal bankruptcy filings low. Since then, fiscal relief has disappeared. And with the Federal Reserve pushing up its policy rate by 500 basis points in 15 months, financing costs have jumped. For some it was too much. U.S. corporate bankruptcy filings in January-April 2023 rose…