Author: FX
Investing.com — Deregulation underpins the agenda of President-elect Trump’s second term in the US and has boosted US equity markets since the election. According to Jefferies strategists, this has increased pressure on the European Commission (EC) to improve the competitiveness of the region by improving the workability of Europe’s rules-based governance. One of the questions emerging from this is whether DOGE—referring to deregulation of governance and economic frameworks—might make its way to Europe. While “deregulation” has been a cornerstone of the US policy shift, the EU is treading a different path. As Jefferies’ note puts it, “Deregulation is not a…
By Shoon Naing (Reuters) – Dozens of people were killed in an air strike by Myanmar’s military government in the western state of Rakhine this week, the United Nations said, as the Southeast Asia nation’s civil war nears its fourth year. The civilian shadow government and the Arakan Army, an ethnic militia based in Rakhine fighting for the autonomy of the region, also reported the attack had killed dozens. The junta hit Kyauk Ni Maw village of Yanbye township on Wednesday afternoon, destroying around 500 homes and killing more than 40 people, according to the National Unity Government and a…
Struggling to find the right tools for better forex trading? Technical analysis tools for forex traders can make a big difference in identifying trade opportunities. This article will guide you through the best tools to analyze charts, patterns, and signals with ease. Stay tuned your trading strategy is about to improve! Key Takeaways TradingView offers 100+ indicators, advanced charts, and free or paid plans starting at $12.95 monthly. It supports paper trading and broker connections like TradeStation. MetaStock provides over 150 indicators, forecasting tools, and backtesting features. It integrates with brokers like Interactive Brokers for easy live trading access. NinjaTrader…
Currency markets kicked off 2025 with a bang, as shifting U.S. trade policy expectations, unexpected political developments, and a wave of economic data threw rate cut expectations into question. Global risk sentiment seesawed throughout the week, fueled by Trump’s tariff drama, U.K. fiscal jitters, and China’s deflation worries, keeping volatility high and central banks on alert. We’re breaking down what influenced the major currencies’ price action this week: 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…
Diy13/iStock via Getty ImagesShares of Traws Pharma (NASDAQ:TRAW) shot up 24% in post-market trading Friday on encouraging results from a Phase 1 study of the company’s drug Tivoxavir Marboxil in the treatment of H5N1 avian flu. The study showed a single dose of Source link
Traders had plenty to chew on during the first full trading week of 2025, with financial markets getting cues from tariffs-related headlines, leading U.S. jobs indicators, and Fed policy biases. Risk assets were mixed, though, as gold and oil took advantage of safe-haven flows from global uncertainties, while bitcoin and equities were being sold all week. Here are the latest headlines and economic updates that pushed asset classes around: Here are the latest headlines and economic updates that pushed asset classes around This Article Is For Premium Members Only Become a Premium member for full website access,…
Gold rebounds 0.69% despite significant US job additions, challenging Fed’s rate cut path. Gold recovers from post-labor report drop as investors weigh Fed’s cautious disinflation stance. Upcoming US inflation and retail sales data set to influence gold’s trajectory, Fed policy. Gold price rebounded off daily lows on Friday, extending its rally for the fourth consecutive day as traders shrugged off a strong United States (US) Nonfarm Payrolls report. This tempered the Federal Reserve’s (Fed) concerns about the labor market, but not so much inflation as some officials acknowledged. The XAU/USD trades at $2,687, up 0.69%. Bullion fell sharply after the…
AUD tumbles 0.73% to 0.6155 on Friday. Hotter-than-expected NFP bolsters USD demand. Fed’s hawkish tilt and trade tensions between the US and China weigh on Aussie. The Australian Dollar remains under intense selling pressure following stronger-than-anticipated US Nonfarm Payrolls (NFP) data, hovering near multi-year lows around 0.6150. The Federal Reserve’s (Fed) hawkish shift keeps US Treasury yields elevated, further supporting the Greenback. On the domestic front, early Reserve Bank of Australia (RBA) rate-cut expectations and simmering US-China trade war fears continue to undermine the Aussie. Daily digest market movers: Stellar US jobs report boosts USD at Aussie’s expense The US…
System1 receives NYSE non-compliance notice Source link
The December 2024 U.S. jobs report was released at 8:30 AM ET, and showed strong job growth, with non-farm payrolls increasing by 256,000, significantly beating expectations of 160,000. The unemployment rate dropped to 4.1% (unrounded 4.0855%), lower than the expected 4.2%. The labor force participation rate held steady at 62.5%, while the broader U6 underemployment rate declined to 7.5% from 7.8%. Average hourly also rose 0.3% month-over-month (matching expectations) and 3.9% year-over-year, slightly below the forecasted 4.0%. Private payrolls added 223,000 jobs, far exceeding the expected 135,000, while manufacturing payrolls declined by 13,000 against an expected 5,000 gain. Government jobs…