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The NFIB’s Small Business Optimism Index edged higher in November, rising to 99.0 from 98.2 in the previous month. Business uncertainty, meanwhile, increased modestly, with the uncertainty index rising by 3 points to 91— below the 12-month average of 94. Of the ten subcomponents in the index, six rose during the month, one was unchanged, […]

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• Government data releases are catching up following the 46-day shutdown.

• November CPI arrives December 18, while December CPI and real earnings will be released on January 13.

• January jobs report shifts to January 9, restoring a near-normal schedule for labor-market data.

As the government works its way out of the 46-day shutdown, the economic data calendar is finally beginning to realign. The BLS will release the delayed November CPI report on December 18, and has now scheduled the December CPI for January 13. On that same day, the agency will publish real earnings for December, helping fill in the inflation-adjusted income picture.

The U.S. Employment Situation report—normally released on the first Friday of each month—will instead arrive on Friday, January 9, roughly one week later than usual. That timing marks a return to a more typical rhythm for labor-market reporting, suggesting that at least the jobs calendar will be back on track as the backlog clears.

This article was written by Greg Michalowski at investinglive.com.

• RBA holds rates but signals a hawkish shift, boosting expectations for a potential February rate hike if inflation stays elevated.

• AUDUSD breaks to multi-month highs, clearing key resistance at 0.6648 as bullish momentum accelerates after Governor Bullock’s comments.

• Next major upside targets sit at 0.66817–0.6706, with hourly support at the 100-hour moving average guiding short-term trend control.

RBA Holds Rates but Signals a Hawkish Tilt

The Reserve Bank of Australia left rates unchanged, as expected, but Governor Bullock’s comments leaned noticeably toward the possibility of a future rate hike. With the next meeting not until February—after the RBA’s summer break—markets are increasingly pricing in the risk of tightening if inflation fails to cool.

AUDUSD Breaks Higher as Buyers Take Control

That shift in tone helped propel AUDUSD to fresh highs, breaking above the cluster of swing highs from Friday, Monday, and earlier today at 0.6648. The clean break above that ceiling opens the door for additional upside momentum as buyers gain confidence.

Key Technical Targets Ahead

On the daily chart above, the next target zone sits between 0.66817 and 0.6706, an area defined by multiple swing highs stretching back to October 2024. The top of that zone—0.6706—also marks the 2024 yearly high posted in September. A move toward that region would confirm strengthening bullish control and keep the broader topside narrative intact.

Technical Roadmap on the Hourly Chart

Drilling down to the hourly chart below, the key ceiling comes in at 0.66488. That ceiling was defined by swing highs from Friday, Monday, and earlier today A break back below this level with momentum would shift the focus toward the rising 100-hour moving average, currently at 0.66235 (blue line on the chart below). Earlier today, the price briefly dipped under that moving average as markets digested the RBA decision, creating a short-lived liquidity air pocket. But once the more hawkish tone from Governor Bullock became clear, buyers quickly stepped back in and pushed the pair higher.

For sellers to gain any meaningful control, they must drive the price back below the 100-hour moving average and hold it there. Without that break, the downside remains limited, and the sellers are simply not winning the battle.

This article was written by Greg Michalowski at investinglive.com.

The deal will help Pfizer beef up and diversify its obesity drug pipeline following its $10 billion acquisition of obesity biotech Metsera last month.