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Frankfurt Trading Session Heads Up Wednesday, July 18, 2018

Frankfurt opening news digest British Pound May Rebound on UK Inflation Uptick The British Pound may rebound after yesterday’s Brexit-related losses as UK CPI uptick puts August BOE rate hike back into the spotlight.   Asian Stocks Get US Tailwind From Powell Testimony, Eye Day Two Asia Pacific equity got a lift from the Fed Chair’s upbeat assessement of economic prospects, with the US Dollar similarly underpinned by his remarks   Malaysian Ringgit Upside Momentum Fading Amidst 3-Year CPI Low Malaysian Ringgit upside momentum is fading versus the US Dollar…

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Frankfurt Trading Session Heads Up Wednesday, July 18, 2018

Frankfurt opening news digest Gold Prices May Fall Further After Hitting One-Year Low Gold prices may continue to decline after sinking to a one-year low as hawkish rhetoric from the Federal Reserve drives the US Dollar upward.   Japanese Yen Technical Analysis: USD/JPY Soars, 2018 Peaks Loom The Japanese Yen has no fundamental cards to play agains the US Dollar, a fact which, unsurprisingly, has translated into considerable technical weakness   EUR/USD Technical Analysis: Triangle Hints at Further Euro Losses The Euro is consolidating below the 1.18 figure against the…

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Tokyo Trading Session Heads Up Tuesday, July 17, 2018

Tokyo opening news digest Billionaire Netflix CEO’s Fortune Falls 5% After Stock Plunge Netflix CEO Reed Hastings saw his net worth drop 4.6% after the company missed its second quarter subscriber forecast by one million.   NZD/USD Rebound Fizzles as Fed Chairman Powell Endorses Hiking-Cycle Broader outlook for NZD/USD remains tilted to the downside following the Fed testimony as Chairman Powell & Co. appear to be on track to implement   Crude Oil Price Forecast: WTI Volatility Begs Questions of Possible Top WTI has fallen by almost 10% as the…

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Sydney Trading Session Heads Up Tuesday, July 17, 2018

Sydney opening news digest Why You Should Buy Facebook And Alphabet In September Tony Mitchell, one of my managers, believes an order imbalance is brewing that will probably create a good entry point for Facebook and Alphabet in September   Abbott Earnings Preview: Expect Diagnostics To Lead Q2 Earnings Growth Abbott Labs (NYSE:ABT) is set to report its Q2 2018 earnings on July 18, and we expect the company to post steady growth, led by its Diagnostics and Generic Pharmaceuticals segments. While the Diagnostics business will continue to benefit from…

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New York Trading Session Heads Up Tuesday, July 17, 2018

New York opening news digest What If Tesla’s Musk Premium Becomes A Discount From a governance perspective, Tesla’s lack of a COO is a glaring weakness, especially since Musk is very involved in other ventures, notably SpaceX and the The Boring Company.   Making Fund Management A ‘Pink’ Job As Well As A ‘Blue’ Job What do women want? The (female) fund manager and (female) chair of the board of the Brunner Investment Trust discuss how they have tried to ensure the trust has broader appeal than just men in…

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Frankfurt Trading Session Heads Up Tuesday, July 17, 2018

Frankfurt opening news digest The Dollar-Yuan Exchange Rate is a Very Poor Trade Candidate for Trade Wars Trade wars are a critical fundamental theme that will likely motivate much of the volatility and momentum in the near future   US Dollar May Rise on Powell Testimony, NZ Dollar Surges The US Dollar may rise as Fed Chair Powell remains confident on rate hike prospects despite escalating trade war fears. The New Zealand Dollar surged   Asia Shares Mixed, NZD Up on Core CPI. Markets Eye Carney, Powell Asian shares were…

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Frankfurt Trading Session Heads Up Tuesday, July 17, 2018

Frankfurt opening news digest Fastenal Beats Apple Most Apple fans on Wall Street have probably never heard of Fastenal. But its shares have been beating Apple’s big time. Since it went public, Fastena   Why Rising Commodity Prices Now Should Worry Stock Investors Rising prices can be good news early in a recovery, but now they may be bad news for investors. We explain how.   ASX 200 Technical Analysis: Uptrend Remains Well In Place The ASX 200 has reached some pretty dizzy heights in the last couple of months,…

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Tokyo Trading Session Heads Up Monday, July 16, 2018

Tokyo opening news digest Unbuckle Your Crash Helmet And Buy Growth My crash helmet stays unbuckled, because nobody ever gave a cookie to a mouse. Seeing low interest rates keeps me tied into growth stocks. Not that they’re cheap or that the market’s a screaming buy.   EUR/USD Rate Continues to Eyes June High with Fed Testimony on Tap EUR/USD appears to be making another run at the June-high (1.1852) as the exchange rate snaps the recent string of lower highs & lows ahead   Netflix Earnings Miss Adds Struggle…

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Sydney Trading Session Heads Up Monday, July 16, 2018

Sydney opening news digest How Will SAP’s Expansion In The CRM Space Impact Its Value In The Near Term? SAP SE (NYSE:SAP), the Germany-based software giant, has been performing well over the last couple of years, with its stock gaining over 50% during this period. The company’s revenue has grown at a compounded rate of 11% annually over the last three years, driven by its strong foothold in the…   What To Expect From Alcoa’s Second-Quarter Results? Alcoa Corp (NYSE: AA) will release its second quarter results and conduct a…

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New York Trading Session Heads Up Monday, July 16, 2018

New York opening news digest Do Not Buy The China Stock Market Until Next Spring The Chinese stock market has been under pressure. Market cycles point to a low next spring.   Crude Oil Prices Fall as Trump Mulls Tapping Into US Emergency Oil Stockpile Crude Oil Prices Fall as Trump Mulls Tapping Into US Emergency Oil Stockpile   CoT Update – Bullish USD Sentiment Remains a Key Theme in Futures Market Several major currency contracts continue to see additional selling from the weeks before, some are unwinds (EUR), while…

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