Author: FX
The quarterly Job Vacancies Survey from Australia. Key statistics, seasonally adjusted estimates for November 2022:Total job vacancies were 444,200, a decrease of 4.9% from August 2022.Private sector vacancies were 396,800, a decrease of 6.0% from August 2022.Public sector vacancies were 47,400, an increase of 6.0% from August 2022.Prior data, for August 2022:Total job vacancies were 470,900, a decrease of 2.1% from May 2022.Private sector vacancies were 425,500, a decrease of 3.3% from May 2022.Public sector vacancies were 45,300, an increase of 10.5% from May 2022.—-Monthly jobs data has still been solid in Australia. This data point is not as focused…
JHVEPhoto Eli Lilly (NYSE:LLY) believes that its diabetes medication Mounjaro (tirzepatide) will gain an additional indication to treat obesity as early as the end of this year, according to CFO Anat Ashkenazi. Speaking at the J.P. Morgan Healthcare Conference, Ashkenazi added that the company is building a “well of evidence” to demonstrate that Mounjaro can do more than just help individuals lose weight. This includes data on benefits for obstructive sleep apnea, heart failure, and kidney disease. Ashkenazi hinted that this data could be used to differentiate Mounjaro from Novo Nordisk’s (NVO) Wegovy (semaglutide). In a phase 3 trial, tirzepatide…
US Dollar, DXY, Fed Outlook, Jerome Powell, CPI – Asia Pacific Market OpenUS Dollar flat as Jerome Powell offers no new meaningful updatesThe DXY Dollar Index support breakout has been lackluster so farAustralian Dollar now eyeing local monthly inflation gauge next Recommended by Daniel Dubrovsky Get Your Free USD Forecast Asia-Pacific Market Briefing – Powell Underwhelms, Focus on CPIThe US Dollar marked time in what was a fairly quiet trading session on Tuesday. Traders were eagerly anticipating a speech delivered by Federal Reserve Chair Jerome Powell during the Wall Street trading session. But, when the time came, he did not…
NZD/USD remains sidelined inside a short-term symmetrical triangle formation. Sustained trading beyond the key HMAs, steady RSI favor buyers. Sellers need to break 0.6190 to dominate further. NZD/USD makes rounds to 0.6370-75 during early Wednesday, after snapping a two-day uptrend near a monthly top the previous day. In doing so, the Kiwi pair remains inside a symmetrical triangle formation connecting multiple levels marked since Monday. Not only the immediate triangle but the steady RSI (14) also portrays the Kiwi pair’s latest inaction. However, the quote’s successful trading above the 100 and 200 Hourly Moving Averages (HMAs) join the above 50…
Gladstone Commercial decreases monthly dividend by -20.3% to $0.10/share Source link
By Daniel Wiessner (Reuters) – A lawsuit filed Tuesday accuses six state-run medical schools in Texas of violating federal anti-discrimination laws by giving preferences to female and non-Asian minority applicants. The lawsuit by George Stewart, a white man who was denied admission to the schools, is the latest challenge to affirmative action policies that are commonly used by U.S. schools to boost enrollment of Black, Hispanic and female students. The U.S. Supreme Court’s conservative majority in October seemed skeptical of the legality of race-conscious admissions policies in cases involving Harvard University and the University of North Carolina. The University of…
The CPI is two sleeps away for traders until it’s release on Thursday morning at 8:30 AM ET, but the forex market was not in the mood to move far today. The EURUSD only had a 37 pip trading range coming into the trading day and extended that to 47 pips in the US session but that was still well short of the average seen over the last month of trading ( 92 pips). Looking at the ranges today and comparing them to the 22 day averages (about a month of trading) showed that apart from the EURGBP which had…
Indices Talking Points:Yesterday’s sell-off ran down to supports in the S&P 500, Nasdaq and Dow.Prices held that support earlier in today’s session before pushing a rally in the afternoon. The stage is still setting for the CPI report set to be released on Thursday morning.The analysis contained in article relies on price action and chart formations. To learn more about price action or chart patterns, check out our DailyFX Education section. Recommended by James Stanley Get Your Free Equities Forecast US equities showed a bearish reaction mid-day in yesterday’s session. What started out as a bullish breakout to start the…
Broadrige Financial, LiquidX launch outsourcing solution for trade finance Source link
What you need to take care of on Wednesday, January 11: The FX board saw little action on Tuesday amid a scarce macroeconomic calendar and as investors await some central banks’ clarity. US Federal Reserve Chief Jerome Powell and his counterparts from Canada and Japan were on the wires, although as part of a symposium on central bank independence, giving no fresh clues on monetary policies. The US Dollar advanced throughout the first half of the day but ended it mixed as Wall Street managed to revert pre-opening losses and posted a modest advance. At the same time, US government…