Frankfurt opening news digest
|Rising oil prices may make shale oil companies look like a good bet, but looming debt could threaten expansion plans.|
|Options-derived support/resistance levels may catch AUD/USD on Australia’s jobs report and some Fed speak afterwards. Ebbing downside momentum also warns that prices may turn higher.|
|The Japanese Yen remains under fundamental and technical pressure. If it’s going to get any near-term respite, it’s hard to see from where it might|
|The Dollar is a stalwart and the world’s most liquid currency while emerging markets are the extreme on the risk spectrum.|
|Speculative sentiment started off the week on shakey ground, but it started to genuinely slip through Tuesday’s session. Meanwhile, the Dollar staved off a more|
|The Japanese Yen slipped against a broadly stronger US Dollar on shock news that the Japanese economy’s run of expansion ended in the first three|
|Given the deterioration in sentiment as the S&P 500 fell, the anti-risk Japanese Yen could gain if Asian shares echo Wall Street declines. A possible|
|US Dollar pursued fresh 5-month highs yesterday, as the dollar reacted to rises in yields. The benchmark 10-year Treasury yield marked the highest since 2011 as it went beyond 3%. Yields rise as treasury prices fall.|
|BI PRIME: Helios and Matheson Analytics, MoviePass’s parent company, is burning through cash at a faster rate than it’s previously acknowledged and quietly warn|
|BI PRIME: A top UBS trader has been tasked with leading a team to build the fixed income “business of the future.” Christopher Purves, formerly co-head of FICC|
|Warren Buffett says he “blew it” when it came to investing in one of the tech world’s biggest juggernauts: Amazon. He’s been watching Amazon since the beginning|
|North Korea said it would reconsider a summit with President Donald Trump next month if the U.S. insists on it giving up its nuclear weapons, accordin|
|The FBI and the U.S. Justice Department are investigating Cambridge Analytica’s business practices, the New York Times reported late Tuesday. The Time|
Q: Why isn’t the selling of corporate jets by the US Auto Industry good news?
A: They are being bought by AIG!
Image courtesy: www.profitf.com
Have a nice trading!