Heads-up News 

Tokyo Trading Session Heads Up Monday, August 20, 2018

Tokyo opening news digest Sneaky But Legal Use Of General Obligation Bonds Investors will probably be surprised to learn of this little known fact about general obligation bonds.   For Jackson Hole: Using MBS, The Fed Can Slow The Economy With Fewer Rate Hikes The Fed should kill two birds with one stone by reducing its rate-hike path and instead more rapidly decreasing MBS on its balance sheet.   China’s Debt Mountain Could Roil Markets As 2018 Bows Out China’s vast debts have long been a pressing background worry for…

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Sydney Trading Session Heads Up Monday, August 20, 2018

Sydney opening news digest JPMorgan dramatically slashes Tesla’s stock price forecast A quarter of Tesla’s market value has vanished in two weeks as a growing chorus voices skepticism about the electric car maker’s ability to go private.   Trump goes after the Fed again: ‘I should be given some help’ Presidents have historically avoided criticizing the central bank.   The gold rush is over It’s supposed to be a fear trade. But, despite a trade war and a crisis in Turkey, the price is falling.   How much trouble is…

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New York Trading Session Heads Up Monday, August 20, 2018

New York opening news digest Pepsi buys SodaStream; Stocks rising; Estee Lauder earnings Here’s what you need to know about the markets before you start your business day.   Pepsi is buying SodaStream for $3.2 billion The drinks giant on Monday announced a takeover of the Israeli company that sells do-it-yourself seltzer makers.   Turkish Lira Resumes Slide but Contagion Risk Low The Turkish Lira is under downward pressure again but the risk of contagion to other emerging markets remains low.   CoT Update: Large Speculators Net-short Gold First Time…

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Frankfurt Trading Session Heads Up Monday, August 20, 2018

Frankfurt opening news digest NZ Dollar Down as RBNZ Rate Hike Bets Fade, Fed Comments on Tap The New Zealand Dollar fell with local bond yields on cooling RBNZ rate hike bets. Upcoming Fed commentary may set the stage for the Jackson   Asian Stocks Mixed As US/China Trade Hopes Linger, Dollar Down Asia Pacific equity markets remained broadly firm thanks to a report which suggested Trump and Xi could meet on trade later this year   AUD/USD Review: Struggles to build on last week’s recovery move, on offers near…

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Frankfurt Trading Session Heads Up Monday, August 20, 2018

Frankfurt opening news digest China Trade War: Where Are We Now? A look at trade impacts and the Made in China products whacked by Trump.   Gold Prices Rise as Cooling Trade War Worries Weigh on US Dollar Gold prices rose as ebbing worries about trade war escalation between the US and China weighed on the US Dollar, boosting the perennially anti-fiat metal.   US/China Trade War Fears Fell, SGD & PHP Rose. USD/IDR Could Drop A recovery in market mood on reduced US/China trade war fears boosted stocks, SGD…

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Tokyo Trading Session Heads Up Sunday, August 19, 2018

Tokyo opening news digest US market wrap: optimism rising over US-China talks – Westpac Analysts at Westpac, in a market wrap, noted that after lukewarm trade in Europe, risk appetite improved in the NY session, with optimism rising over   Market wrap: a USD weaker across the G10 – ANZ Analysts at ANZ offered a market wrap. Key Quotes: “Global equities were mixed with treasury yields down a couple of basis points and the USD weaker   Antipodean near-term growth indicators have turned decidedly wobbly – ANZ Analysts at ANZ…

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Sydney Trading Session Heads Up Sunday, August 19, 2018

Sydney opening news digest Tesla’s stock falls sharply after Elon Musk’s tearful interview Musk says he’s working himself to the bone and relies on Ambien to sleep.   The bull market is showing signs of old age, but it’s not dead yet The epic run for stocks will become the longest rally ever this week. But is it about to end or does it still have some life left?   The bull market is showing signs of old age, but it’s not dead yet The epic run for stocks will…

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New York Trading Session Heads Up Friday, August 17, 2018

New York opening news digest Why Chinese tech stocks are getting hammered The country’s major players — Baidu, Alibaba and Tencent — have lost hundreds of billions of dollars in market value in the past few months.   Elon Musk: This has been the most painful year of my career An emotional Elon Musk has opened up to The New York Times about his difficult year, calling it “excruciating.”   The Retirement Planning Challenges In Age Gap Relationships Over the last 50 years, American life expectancy has increased significantly. As…

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Frankfurt Trading Session Heads Up Friday, August 17, 2018

Frankfurt opening news digest Currency Markets Vulnerable to Headline Risk Amid Volatility Lull Currency markets are vulnerable to kneejerk volatility spikes as prices look for a lead amid a lull in trade war worries, emerging market turmoil and   Asian Stocks Post Broad Gains On US Earnings, Trade Hopes Most Asian indexes had some green to show as another week bowed out. A strong Wall Street lead and hopes that the US and China   AUD/USD Review: Seems to have established a near-term base around 100-hour SMA •  Optimism over…

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Frankfurt Trading Session Heads Up Friday, August 17, 2018

Frankfurt opening news digest Asia Investment Briefing: Natixis Expects Turkey Fallout To Continue The latest episode of the Forbes Asia Investment Briefing comes from Alicia Garcia Herrero, who is chief APAC economist at Natixis. She tells us what’s caught her eye this week, and what she’ll be watching for over the coming weeks and months.   The New Art Economy: How Would You Like To Own A Warhol? Investing in fine art has generally been the provenance of the very wealthy. But this is about to change, thanks to Masterworks,…

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