Cidara Therapeutics’ Unique Cloudbreak Platform And Its Promise In Influenza And Oncology Pipeline
Image Source: Cidara Therapeutics Cidara Therapeutics (CDTX) has pivoted by selling its Rezayo business and concentrating on its unique Cloudbreak platform which produces MDCs (Multi-Drug Conjugates) that combine small molecules or peptides with human antibody fragments (FC) to enhance therapeutic efficacy.The platform has produced several promising drug candidates, such as CD388, a promising anti-influenza MDC […]
Buck Still In The Driver’s Seat
Image Source: Pixabay Though the pace of Dollar momentum has slowed, for the moment, the Buck remains in firm control with the Dollar Index extending its run to the highest level since November 1st, 2023. Looking ahead, we get US producer prices, US initial jobless claims, the ECB Minutes, ECB speak, and a Fed Powell speech.Video […]
SPY Seeing Some Trouble
S&P 500 presented fine intraday opportunity as per the game plan given to clients, and analogical one applies for PPI today too. I didn‘t favor chasing the initial spike higher, and subsequent price action offered better entry points.Bonds were getting a much needed (however temporary, but still much needed) reprieve, and that lifted up Russell 2000, XLU and […]
EUR/CHF Price Forecast: Probing Base Of Triangle As Price Attempts To Break Out
EUR/CHF is trading at the bottom of a Triangle pattern. The pair looks vulnerable to breaking lower. EUR/CHF is probing the base of a Triangle pattern it has formed over the last three months (see chart below). It has broken below the bottom of the Triangle on an intraday but not a closing basis. That […]
EURUSD Set For 5th Consecutive Day Of Losses?
EURUSD hits lowest level since Nov 2023 US inflation rises 2.6% YoY, in line with expectations St Louis Fed head warns of inflation above 2% Markets price in 82.5% chance of 25bp rate cut EUR faces pressure from German politics and potential US tariffs EURUSD has hit its lowest level since November 2023, pressured by a stronger dollar following Donald Trump’s win […]
US Dollar Prices In More Trump Trade As Republicans Win House Majority
The Trump trades rally in the US Dollar is heading into its fifth day of gains. All eyes are on Fed Chairman Powell and his view on the interest rate cut in December. The US Dollar index jumps to a fresh year-to-date high at around 107.00. The US Dollar (USD) extends the Trump trade rally […]
Visualizing China’s CO2 Emissions
China’s emissions of carbon dioxide are so immense that its difficult to fully grasp their scale. However, thanks to the United Nations, we have a unique set of data that makes it possible to visualize how immense its CO₂ emissions are compared to other nations.That data was presented in the form of a table, which doesn’t quite […]
France Suffers Record Capital Outflows
The bad news is piling up for France, prompting some to take concrete decisions, such as transferring their capital abroad. Éric Dor, Director of Economic Studies at IESEG School of Management, pointed this out on X (Twitter).The payment system between central banks and commercial banks in the eurozone – TARGET 2 – gives a clear picture of the […]
The Dollar’s Surge Continues
Image Source: Pexels Overview: The dollar’s surge continues. Most G10 currencies are off 0.45%-0.65%. The US dollar is trading above CAD1.40 for the first time since the pandemic, but the Canadian dollar is faring the best of the G10 today (~-0.15%). Since US election, it is the only major currency not to have fallen by at least […]
Daily Market Outlook – Thursday, Nov. 14
Image Source: Pixabay While longer-term U.S. government yields and the dollar increased on Thursday as investors assessed the monetary policy and inflation outlook in the United States, weak Chinese markets drove down broader Asian shares. Donald Trump’s return to the White House and the optimism that his administration will be good for cryptocurrencies helped Bitcoin stabilize […]
