The U.S. Food and Drug Administration has granted approval for Zepbound (tirzepatide) for the treatment of moderate to severe obstructive sleep apnea (OSA) in adults suffering from obesity. This medication is intended to be used...
On Friday, the Canadian stock market rebounded, ending a six-day downward trend, thanks to optimism stemming from U.S. Commerce Department data. The report revealed the PCE price index's growth was slower than anticipated, boosting hopes...
Expion360 Inc. (XPON) has announced that Greg Aydelott, the company's Chief Financial Officer, will be stepping down effective December 31, 2024, due to family health reasons. Aydelott has pledged to continue supporting the company in a...
Vertex Pharmaceuticals (VRTX) announced on Friday that the U.S. Food and Drug Administration (FDA) has broadened its approval of a cystic fibrosis medication to include additional patients with varying mutation types of the disease. The...
Vertex Pharmaceuticals Inc. (VRTX) announced on Friday that the U.S. Food and Drug Administration (FDA) has approved Alyftrek for the treatment of cystic fibrosis. Alyftrek is a cutting-edge, once-daily triple combination drug that...
Tesla Inc. (TSLA) has announced a recall affecting approximately 700,000 vehicles due to an issue with the tire pressure monitoring light. The recall targets specific models, including the 2024 Cybertruck, the 2017-2025 Model 3, and the...
Following a relatively unchanged session, Friday witnessed a significant upward trajectory in the stock market. Initially displaying some weakness, the major averages rebounded, gaining solid footing in positive territory as trading...
On December 20, 2024, the Commodity Futures Trading Commission (CFTC) updated its latest data regarding the New Zealand Dollar (NZD) speculative net positions, revealing a marked shift further into negative figures. The new report...
On December 20, 2024, new data revealed a striking drop in the Commodity Futures Trading Commission (CFTC) Japanese Yen net speculative positions. The latest figures show a significant decrease, falling from 25.8K to just 6.0K. This...
In a move signaling growing bearish sentiment, the Commodity Futures Trading Commission (CFTC) has reported a notable shift in speculative net positions regarding the Brazilian Real (BRL). As of December 20, 2024, the net positions have...
In a surprising turn of events, the latest data from the Commodity Futures Trading Commission (CFTC) reveals a substantial shift in speculative net positions concerning the Australian dollar (AUD). As of December 20, 2024, these...
In a significant turnaround in speculative market dynamics, the CFTC CHF speculative net positions have made notable progress from their previously negative standing. As per the latest data released on December 20, 2024, positions...
The Commodity Futures Trading Commission (CFTC) has observed a significant increase in speculative net positions in the Mexican Peso (MXN), with the latest data showing a leap to 14,600 contracts as of December 20, 2024. This marks a...
According to the latest data from the Commodity Futures Trading Commission (CFTC), released on December 20, 2024, speculative net positions for the Canadian Dollar (CAD) have slightly shifted further into negative territory. The latest...
The Commodity Futures Trading Commission's (CFTC) data regarding speculative net positions in the U.S. wheat market has shown a marked decline, as reported on December 20, 2024. The latest figures indicate a significant dip to -79.3K, a...
The latest update from the U.S. Commodity Futures Trading Commission (CFTC) reveals a significant shift in the speculative net positions for soybeans in the United States. As of December 20, 2024, the indicator has reached a new low of...
In the latest report released by the Commodity Futures Trading Commission (CFTC), it was revealed that speculative net positions in silver have experienced a slight decline. As of December 20, 2024, the indicator has decreased to 40.3K,...
As the year draws to a close, the latest data on S&P 500 speculative net positions from the Commodity Futures Trading Commission (CFTC) shows a notable shift in sentiment among traders. The numbers, revised on December 20, 2024, reveal...
In the latest update from the Commodity Futures Trading Commission (CFTC), speculative net positions in natural gas within the United States have shown a narrowing trend. As of December 20, 2024, the indicator has improved, standing at...
The Commodity Futures Trading Commission (CFTC) has released new data indicating a marginal increase in speculative net positions for the Nasdaq 100. As of December 20, 2024, the positions have stopped and reached a level of 36.1K,...
In a surprising twist for the commodities market, the Commodity Futures Trading Commission (CFTC) has reported a decline in gold speculative net positions as of December 20, 2024. The latest data reveals that these positions have fallen...
The most recent data from the Commodity Futures Trading Commission (CFTC) has revealed a significant increase in speculative net positions in the crude oil market. As of December 20, 2024, the speculative net positions have climbed to...
In a recent update from the Commodity Futures Trading Commission (CFTC), it has been revealed that speculative net positions in corn have taken a bearish turn in the United States. As of December 20, 2024, the net positions have...
The latest figures from the U.S. Commodity Futures Trading Commission (CFTC) have revealed a notable decrease in copper speculative net positions. As of December 20, 2024, the positions have dropped significantly to 5.9K from 11.0K in...
The latest data from the U.S. Commodity Futures Trading Commission (CFTC) reveals a slight decline in aluminium speculative net positions. As of December 20, 2024, the positions have decreased to 2.5K, down from a previous figure of...
US November core PCE +2.8% y/y vs +2.9% expected Canada retail sales for October 0.6% versus 0.7% expected Canada's NDP says they will vote to defeat the Liberal government Fed's Goolsbee: Nice to get inflation number that is better than...
The major U.S. stock indices ended the day with gains of 1% or more for all three major benchmarks, but they closed lower for the week. Here’s a detailed snapshot: Closing Levels (Daily Gains): Dow Jones Industrial Average: rose 498.82...
Fed vice chair for supervision Michael Barr is worried. He was appointed in 2022 for a term that lasts until 2032 but is worried that Trump may try to remove him. Reuters reports that he sought advice from law firm Arnold & Porter....
Prior was +2.9% These are one-month annualized numbers so small changes led to swings like this. That said, the latest number is one-month running at a sub-2% pace, 11 more to go. 6-month annualized: 2.2% vs 2.3% prior 12-month: 2.7%...
Johnson says there will be no government shutdown Talk is cheap, let's get the vote. Update: It sounds like this won't be split into three parts but will just be the bill that failed yesterday but without an extension to the debt limit....
Yesterday I spoke with Dale Pinkert from Forex Analytix about the state of broader markets and a few of the things that have me worried. Here is a summary: Stock Market Trends: Fiscal tightening, political dynamics, and investor...
The fear in markets is that Trump is going to be hitting everyone with tariffs. He's a very tough guy to predict but I'm growing more optimistic. 1) The threats to Mexico and Canada are solvable One of his first post-election tweets...
According to Punchbowl News: Republican leadership has proposed a plan addressing the debt limit. The proposal includes raising the debt limit by $1.5 trillion in the first reconciliation package. It also promises to cut $2.5 trillion in...
The USDCHF fell below its 100 hour moving average, swing area and upward sloping trendline near 0.8956. That tilted the short-term bias to the downside. That momentum continued to the next key target area defined by the rising 200 hour...