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Slowing US Labor Market Sees More Dovish Fed, Boosts Stocks; Lower Australian GDP; Bank of Canada Policy Meeting Awaits; Bitcoin Hits 18-Month High; WTI Crude Oil Reaches 5-Month Low

The AUD/JPY began Wednesday’s Asian session with a negative tone after registering losses of more than 1% on Tuesday.

<p>I posted yesterday on the view from BlackRock on the 2024 Federal Open Market Committee (FOMC):</p><ul><li><a href="https://www.forexlive.com/centralbank/blackrocks-cio-rieder-says-the-fed-funds-rate-is-too-restrictive-today-sees-mid-24-cut-20231205/" target="_blank" rel="follow" data-arti

<p>Reuters Tankan survey findings:</p><ul><li>Sentiment at big Japanese manufacturers improved for a second straight month, plus 12 in December compared with plus 6 the previous month</li><li>auto sector continued to recover from last year's semiconductor shortage and supply chain woes</li></ul>&

<p> <br /> </p> <div> <div> <img decoding="async" alt="Pro Research: Wall Street dives into Vertex Pharmaceuticals' prospects" id="carouselImage" src="https://i-invdn-com.investing.com/news/LYNXMPEB301WD_L.jpg" style="visibility:hidden" /><br /> <spa

<p> <br /> </p> <div> <div> <img decoding="async" alt="Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attack" id="carouselImage" src="https://i-invdn-com.investing.com/trkd-images/LYNXMPEJB40HJ_L.jpg" style="visibility:hidden" /><br /> <span

<p> <br /> <br />Can the Dollar Recover in a Week Focused on US Jobs?<br /> <br /><br /> <br /><a href="https://www.dailyfx.com/analysis/can-the-dollar-recover-in-a-week-focused-on-us-jobs-20231205.html">Source link </a></p><p>The post <a href="https://forextraderhu

<p> <br /> </p> <div> <div> <img decoding="async" alt="Euro zone yields fall, stock rally takes a breather" id="carouselImage" src="https://i-invdn-com.investing.com/trkd-images/LYNXMPEJB401W_L.jpg" style="visibility:hidden" /><br /> <span>© Reuters. F

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<p>&nbsp;"There are many investors who are like this, when the price has gone up, they scramble to buy."</p><p><br /></p><p>Immediately after breaking through $40,000, the price of cryptocurrency king Bitcoin (BTC) yesterday finally managed to reach $42,350 as there was panic buying following lower