Author: FX
<p>Coming up on Tuesday, 21 February 2023 local time in Australia are the Reserve Bank of Australia minutes for the February meeting. </p><p>The<a href="https://www.forexlive.com/centralbank/australia-rba-raises-the-cash-rate-by-25bp-to-335-as-expected-20230207/" target="_blank" rel="follow"> February 2023 monetary policy decision</a> was a +25bp rate hike. And the statement from Lowe accompanying the decision tilted more hawkish, firming up expectations of further hikes to come. </p><p>Since the decision we've had extensive public remarks from Lowe, links can found in these posts</p><p class="article-slot__title title top"><a href="https://www.forexlive.com/news/forexlive-asia-pacific-fx-news-wrap-usd-carried-on-higher-20230217/" rel="follow" target="_self" class="article-link">ForexLive Asia-Pacific FX news wrap: USD carried on higher</a></p><p class="article-slot__title title top"><a href="https://www.forexlive.com/news/forexlive-asia-pacific-fx-news-wrap-usd-up-regions-equities-lower-20230215/" rel="follow" target="_self" class="article-link">ForexLive Asia-Pacific FX news wrap: USD up, region’s…
Manitowoc Q4 2022 Earnings Preview Source link
Copart Q2 2023 Earnings Preview Source link
ADTRAN Q4 2022 Earnings Preview Source link
Share: USD/JPY bears eye a 50% mean reversion that could be in play for the opening range over the coming sessions. 132.50 support could see a move from the bulls again and a continuation would initially target 135.50/137.20. A 50% mean reversion could be in play for the opening range over the coming sessions and the next couple of days to test prior resistance near 132.50. However, while on the front side of the trend, the bias remains broadly with the bulls. The US Dollar was a touch lower in Friday’s US session and the Yen touched a high of…
2/2 © Reuters. United States Secretary of State Antony Blinken arrives for a meeting with Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan at the Munich Security Conference in Munich, February. 18, 2023. Petr David Josek/Pool via REUTERS 2/2 By Humeyra Pamuk INCIRLIK AIR BASE, Turkey (Reuters) – U.S. Secretary of State Antony Blinken on Sunday announced further aid to Turkey and said Washington would provide longer term help to Ankara as it seeks to rebuild following this month’s earthquake. A 7.8 magnitude earthquake struck Turkey’s southeast and neighbouring Syria on Feb. 6, killing more than 45,000 people…
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week!On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online.As usual for an early Asia Monday morning, prices are liable to swing around on not too much at all, so take care out there.Take note that Monday is a holiday in the US and Canda, this will sap some interest from Asia trade (reduced customer follows). Levels guide, repeat … only a guide!EUR/USD 1.0685USD/JPY 134.32GBP/USD 1.2039USD/CHF 0.9265USD/CAD 1.3478AUD/USD 0.6874NZD/USD 0.6239 Source link
spxChrome/iStock via Getty Images January’s credit card metrics generally show some deterioration in credit quality as consumers deal with the realities of their holiday spending. That means the month’s data are often skewed by seasonal trends. Taking the broader view, yes, the credit quality is trending down as pandemic era stimulus programs have long expired (except for the pause on federal student loan payments). Baird analyst David George, who covers six of the seven stocks in the table below, summed up January’s credit card metrics, saying net charge-offs were worse than the typical seasonality, seasonal loan balance run-off rate was…
© Reuters Cryptocurrency exchange and financial services firm Blockchain.com has denied attempts to sell assets or subsidiaries, and it is not in talks with other crypto firms about possible deals, a spokesperson told Cointelegraph on Feb. 18. According to reports citing anonymous sources, executives of the company discussed selling parts of its business to other crypto firms, including Coinbase (NASDAQ:), between December and January. Blockchain.com refutes the rumors: Continue Reading on Coin Telegraph Source link
Olivier Le Moal With a significant number of blockbuster drugs at risk of losing market exclusivities in the next five years, big pharma is expected to ramp up deal-making and market consolidation in the short-to-medium-term, the credit rating and research house, Fitch Solutions projects. The report comes as drugmakers are bracing for a major wave of loss of patent exclusivities (LOE) in 2025 – 2030, which could open up floodgates of low-cost biosimilars and generics for the first time against some of the leading pharma brands in the U.S. and EU. “We expect that generic companies will waste no time…