Author: FX
Iryna Drozd Theratechnologies (NASDAQ:THTX) has resubmitted its supplemental Biologics License Application for a simplified dosing formulation of its drug tesamorelin for the reduction of excess abdominal fat in patients with HIV and lipodystrophy. The company said the new formulation is intended to Source link
By Alvise Armellini FIUGGI, Italy (Reuters) – Foreign ministers from the Group of Seven democracies on Tuesday expressed their support for Ukraine and condemned what they described as Russia’s “irresponsible and threatening nuclear rhetoric”. They also warned that North Korean support for Russia marked a dangerous expansion of the conflict, with serious consequences for European and Indo-Pacific security, and called on China, a long-standing ally of North Korea, to act against it. “Russia’s use of an intermediate range ballistic missile on 21 November is further evidence of its reckless and escalatory behaviour,” they said in a draft statement at the…
Tariff threats don’t hit like they used to.Trump roiled markets early in Asian trading with a threat of 25% tariffs on Mexico and Canada. Bizarrely, he tied both tariffs to border security. Now I understand the sentiment on Mexico, which is something he’s been campaigning on forever but there’s not exactly a stream of illegal immigrants coming from Canada.”I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” he wrote. ” This Tariff will remain in effect until such time as Drugs, in…
This evening (European time), the minutes of the November meeting of the Fed’s FOMC will be published. Normally, such a publication is an important event, because it provides a fairly deep insight into the thinking of FOMC members and helps to contextualize recent monetary policy decisions. This time, however, it is different. Everything the FOMC has decided so far may be less suitable than usual for predicting the effective parts of future US monetary policy. Because the cards in the game between the government and the central bank could be reshuffled when the next US administration takes office, Commerzbank’s Head…
PARIS (Reuters) – The new Trump administration’s economic policies in the U.S. may have a “relatively limited” effect on European inflation but could have a more noticeable impact on long-term interest rates, ECB policymaker Francois Villeroy de Galhau said on Tuesday. Villeroy, who is head of the French central bank, said that President-elect Donald Trump’s plans to hike tariffs and cut taxes increased risks for the world economy, adding to U.S. inflation and weighing on growth abroad. “The inflation effect could be relatively limited in Europe, however long-term interest rates set by the market have a certain tendency to cross…
Gold (XAU/USD) hourly chartThe drop this week sees price take a tumble from $2,700 with the low earlier touching $2,605. That was held by the 38.2 Fib retracement level of the swing higher since the middle of November, seen at around $2,607 currently. That led to a slight bounce with price action then weaving in and out of the 200-hour moving average (blue line).There continues to be a bit of a wrestle for near-term control as such ahead of European trading.Hold below the key near-term level and sellers will retain a more bearish near-term bias. But push above and the…
Is that a head and shoulders pattern I’m seeing on the 4-hour chart of spot gold? Or is the longer-term climb more likely to resume soon? Take a look at these inflection points I’m watching! Gold (XAU/USD) 4-hour Forex Chart by TradingView Safe-haven rallies leading up to the U.S. elections seem to be unwinding, as investors are actually feeling optimistic about economic prospects under President-elect Trump’s administration. Not only have stock traders been pricing in business-friendly policies, but markets are also cheering the selection of Treasury Secretary Scott Bessent, who is known for being level-headed and will likely prevent an…
Silver prices fell by nearly 3% on Monday following reports that Israel and Hezbollah are reaching a ceasefire agreement. President-elect Donald Trump plans to impose tariffs on imports from Mexico, Canada and China. The non-yielding Silver struggled due to bond market optimism following the selection of Scott Bessent as the US Treasury Secretary. Silver price (XAG/USD) hovers around $30.40 per troy ounce during the Asian trading hours on Tuesday, following a nearly 3% drop in the previous session. This downside risk for safe-haven assets like Silver metal is linked to reports suggesting that Israel and Hezbollah are close to reaching…
Expectations are for the RBNZ to slash rates by another 0.50% this week, as inflation and employment have been lagging. Here’s what I’m watching on AUD/NZD and NZD/JPY in the event of a dovish announcement. Source link
Word on the street is that the RBNZ is about to cut its interest rates by as much as 50 basis points! How may NZD react to the news? We’re giving you points that might help if you’re 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