Heads-up News 

New York Trading Session Heads Up Friday, January 12, 2018

New York opening news digest

Quest: Mr. Trump and the Davos elites

 

Crude Oil Prices Succumb to Profit-Taking, Gold Eyes US Data

Crude oil prices seemed to succumb to profit-taking after the international Brent benchmark hit $70/barrel. Gold prices may rise on soft US inflation and retail

 

Below-Forecast U.S. CPI, Retail Sales to Fuel EUR/USD Rate Rally

Fresh developments coming out of the U.S. economy may fuel the near-term rally in EUR/USD should the data prints dampen the outlook for growth and

 

Most Asian Stocks Manage Modest Gains, US Dollar Pressured

Asian markets inched higher Friday, with the Hang Seng’s record winning streak on course to extent. China’s trade surplus with the US hit record levels

 

Cheer Up

Adage:

Q: How is the bad economy affecting Dr. Seuss?
A: Now he’s eating Green Eggs and Spam!

Cartoon:


Image courtesy: s-media-cache-ak0.pinimg.com

Have a nice trading!




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