Today’s Trading Prospects
Reserve Bank of Australia announces monetary policy
US nonfarm payrolls report for April
Musk and Twitter are involved in antitrust US FTC to investigate
The U.S. Federal Trade Commission (FTC), which is reviewing Tesla CEO Elon Musk’s $44 billion takeover of Twitter, has set a deadline for next month to decide whether to conduct an in-depth review, people familiar with the matter said. May be delayed by several months.Read the full article…
OPEC+ maintains small output increase despite EU oil ban on Russia
Although the European Union is considering a gradual ban on Russian oil imports, and the global market seems to be regarding to tighten crude supplies, the Organization of the Petroleum Exporting Countries and its partners (OPEC+) maintained a modest increase in output on Thursday (5th), mainly due to doubts regarding weak demand in China.Read the full article…
U.S. jobless claims surged to 200,000 last week, biggest increase since July last year
The U.S. Department of Labor released the latest unemployment benefits data on Thursday (5th). The number of people receiving unemployment benefits last week was 200,000, an increase of 19,000 from the previously revised 181,000, and higher than market expectations of 182,000. The biggest weekly increase since July last year.Read the full article…
U.S. labor productivity fell 7.5% in first quarter, worst in nearly 75 years
Labor productivity fell at the fastest pace in nearly 75 years in the first quarter of 2022 as labor costs soared as the U.S. grappled with surging coronavirus cases, the U.S. Bureau of Labor Statistics reported.Read the full article…
Thrombosis risk remains high!FDA Announces Restriction of Johnson & Johnson Vaccine
The U.S. Food and Drug Administration (FDA) announced on Thursday (5th) that it will limit the range of people who can receive Johnson & Johnson’s new crown vaccine due to persistent blood clots.Read the full article…
