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Frankfurt Trading Session Heads Up Friday, April 13, 2018

Frankfurt opening news digest

Crypto Watch: Bitcoin Surges 14% In An Hour — Signs Of Market Turnaround Or Flash Bull Run?

Bitcoin (BTC) surged 14 percent this morning after a month of steady decline, with a $1,000 dollar spike over the course of 45 minutes, drawing the overall cryptocurrency market over $300M.


NZD/USD Technical Analysis: Facing Critical Resistance

The New Zealand Dollar rose as expected after the formation of a bullish reversal pattern. It faces critical areas of resistance including a high from


Australian Dollar Rides Out Broadly Stronger China Trade Data

The Australian Dollar market was clearly focused elsewhere Friday and didn’t react much to news of a Chinese import surge, and a rise in its


Australian Dollar Could Get Lift From Labour Data, China GDP

AUD/USD probably remains biased lower- a downtrend channel has dominated trade all year. But bulls may see some reasons to step in this week.


Singapore Dollar Could Still Fall Despite Relatively Hawkish MAS

Even though the Singapore Dollar rose on an unexpectedly hawkish MAS policy announcement, USD/SGD could still rise as it tries breaking above 2017 falling resistance


Asia AM Digest: Markets Await US Syria Action, AUD Could Reverse

Thursday was a break for the markets as sentiment improved. As we await the US Syria response, the Australian Dollar is at risk of reversing


A $100 million startup littering San Francisco’s sidewalks with scooters is claiming the city wants to shut it down

A San Francisco city official said Bird, an electric scooter startup, is “out of their minds” and spreading “misinformation.”


How a double-dose of fiscal stimulus could affect middle-market companies

Tax reform and increased federal spending will likely spur investment and create inflationary pressure — here’s what that means for middle-market companies.


New study shows Trump’s massive tariffs will hurt the economy and cost 79,000 US jobs

President Trump’s tariffs will hurt the US economy, cost Americans jobs, and hit the poor more than the rich according to a new study.


Trump orders task force to examine Postal Service’s finances: reports

President Donald Trump issued a surprise executive order Thursday night calling for an evaluation of the U.S. Postal Service’s finances, according to


Qualcomm shares rise on report of ex-chairman’s attempt to take it private

Qualcomm Inc. QCOM, +0.35% shares shot up 3.3% in after-hours trading Thursday following a CNBC report that former chairman and chief executive Paul J


Backpage CEO pleads guilty to conspiracy, money laundering charges

The chief executive of recently shuttered sex-ad website Backpage.com pleaded guilty to one charge of conspiracy and three counts of money laundering,


Cheer Up


“Successful trading is one long journey, not a destination” Peter Borish


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Have a nice trading!

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