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New York Trading Session Heads Up Monday, February 19, 2018

New York opening news digest 3 REITs That Scream ‘Sucker Yield’ As part of my job as a REIT analyst, I am trained to analyze the underlying safety of the company’s dividend, the ability for the dividend to grow, and the overall merit of the stock.   CoT Update: Euro & Oil Speculators Sell Aggressively Record positioning in the euro and crude oil both saw reductions from record high levels as the currency and commodity show vulnerability.   GBP JPY Price Action Building a Base The recent GBPJPY sell-off has…

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London Trading Session Heads Up Monday, February 19, 2018

London opening news digest Asian Stocks Bounce Back As New Week Starts, US Dollar Firmer Asian equity markets took Wall Street’s Friday lead and ran with it Monday while the battered US Dollar was deemed to have suffered enough for   Cheer Up Adage: “Fortune presents gifts not according to the book …” Cartoon: Image courtesy: www.forexfactory.com Have a nice trading! Share This:

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Frankfurt Trading Session Heads Up Monday, February 19, 2018

Frankfurt opening news digest Euro Turns to February PMIs, ECB Minutes to Keep Gains Intact Even in the face of a -14.4% drop in net-longs over the past two weeks, EUR/USD was still able to push to new highs going   Commodity Currencies Will Get Bit If US Steel Tariffs Have Teeth Investors in the Australian Dollar and other ‘risk assets’ will be keen to see which steel and aluminum tariff option President Trump goes for.   Japanese Yen Slips, Strong Exports Suggest Healthy World Demand The Japanese Yen was…

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Tokyo Trading Session Heads Up Sunday, February 18, 2018

Tokyo opening news digest Fed’s Powell names two senior advisers: report Federal Reserve Chairman Jerome Powell has appointed a pair of monetary-policy experts as senior advisers, the Wall Street Journal reported Sunday. Ci   Cheer Up Adage: Q: Why don’t we need Daylight Savings Time? A: Because President Bush has already turned the clocks back to 1929. Cartoon: Image courtesy: www.forexfactory.com Have a nice trading! Share This:

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Sydney Trading Session Heads Up Sunday, February 18, 2018

Sydney opening news digest Sunny days for the economy can’t last forever Unfortunately, economic expansions don’t last forever. Eventually, a recession comes along and ruins the party.   Tariff winners and losers: U.S. Steel spikes, Ford retreats Wall Street is already handing out verdicts on who will win and lose if President Trump follows Commerce Secretary recommendations to impose heavy tariffs on steel and aluminum imports.   South Africa: Is now the time to invest? South Africa’s stocks surged after Jacob Zuma’s resignation. Is now the time to invest?  …

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New York Trading Session Heads Up Friday, February 16, 2018

New York opening news digest Tax cut scoreboard: Workers $6 billion; Shareholders: $171 billion It’s raining buybacks on Wall Street — thanks to President Trump’s massive corporate tax cuts.   Premarket: Stocks on a roll; Chinese takeover blocked; Coca-Cola earnings Here’s what you need to know about the markets before you start your business day.   Charts for Next Week – DXY, Euro, USD/JPY, Gold & More Today, we looked at several charts at big long-term trend-lines, along with a few updates on cross-rates we’ve been following   S&P 500…

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Frankfurt Trading Session Heads Up Friday, February 16, 2018

Frankfurt opening news digest Spiffy CEO Scot Wingo Shares The Top Trends Shaping The On-Demand Economy In 2018 I spoke with Spiffy CEO Scot Wingo about the vision behind his company, emerging trends to watch, and how the on-demand economy will shift in 2018 and beyond.   US Dollar Selling May Pause But the Respite is Unlikely to Last The US Dollar may stabilize after a week of brutal selling amid profit-taking before the weekend but any respite seems unlikely to prove lasting.   ASX 200 Technical Analysis: Rebound Forms…

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Tokyo Trading Session Heads Up Thursday, February 15, 2018

Tokyo opening news digest Maduro warns Trump not to ban Venezuelan oil President Nicolas Maduro of Venezuela warned President Trump not to ban the South American country’s oil. It’s a move the Trump administration is considering to crack down on Maduro’s regime.   What Could Drive 30% Upside For Indian Auto Leader Maruti? Maruti Suzuki India Ltd. (Maruti) is the largest automobile manufacturer in India, with an almost 50% share in the developing nation’s steadily growing passenger vehicle market. The company’s share price peaked at INR 10,000 recently, and currently…

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Sydney Trading Session Heads Up Thursday, February 15, 2018

Sydney opening news digest Painkiller that once cost $138 is now $2,979 Horizon Pharma has jacked up the price tag on a painkiller to nearly $3,000 a bottle, a 2,059% increase from when the Irish company acquired the drug in late 2013.   Nirav Modi: Diamond dealer suspected of huge India bank fraud Nirav Modi, a diamond merchant and one of India’s wealthiest people, is being investigated for the massive fraud at Punjab National Bank.   Nestle: Dan Loeb was right. Nestle needs an overhaul Nestle is adapting its business…

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