Heads-up News 

New York Trading Session Heads Up Monday, February 12, 2018

New York opening news digest

Stock market: 13 of your most pressing questions, answered

You probably have a ton of questions about the stock market. We’ve got you covered.

 

Barclays faces new charge over 2008 Qatar rescue

Prosecutors have filed a new charge against Barclays Bank over cash injections from Qatar that helped rescue it during the global financial crisis.

 

Premarket: Stocks surge; Infrastructure plan; Tech put on notice

Here’s what you need to know about the markets before you start your business day.

 

Markets are off to an upbeat start this week

After last week’s turmoil, stocks Europe and Asia rose Monday. Dow futures also climbed.

 

Cryptocurrency regulation is ‘inevitable’ says IMF boss Christine Lagarde

IMF chief Christine Lagarde says it’s only a matter of time before cryptocurrencies come under government regulation.

 

The New Stock Market: Taking Over Central European Spirits

CressCap computer intelligence combs through almost 7,000 stocks from markets around the world, everyday, using our unique algorithm to produce buy and sell recommendations. Stock Spirits Group is our buy of the week based on our analysis of its fundamentals.

 

Boeing Is Flying Above Cloud 9

The CressCap five factor model analysis ranks Boeing (BA) as one of the top U.S. equities. The foundation of our recommendations is to identify companies that perform best and worst on the collective basis of value, growth, EPS revisions, profitability, and LT momentum.

 

Bitcoin, Ethereum & Litecoin Weekly Key Reversals Point to Rebound

The plunge in the cryptocurrency space came to a halt last week, with strong turnarounds posting key reversal on the weekly chart; hints at rally,

 

Bitcoin, Ether and Ripple; Updated Price Charts and Outlook

The three major cryptocurrencies are all showing signs that higher prices are on the horizon but technical support and resistance levels should be heeded.

 

CoT: S&P 500 Speculators ’Buy-the-Dip’, Longest Since March 2009

Large speculators appear to be using market weakness as an opportunity to load up long, biggest long position since the bottom of 2009.

 

Latvia Inflation At 14-Month Low

Latvia’s consumer price inflation eased for the fifth successive month in January to the lowest level in more than one year, figures from the Central Statistical Bureau showed Monday.

 




OECD Unemployment Rate Falls In December

The unemployment rate in the Organization for Economic Cooperation and Development area dropped slightly in December, data showed Monday. The jobless rate fell to 5.

 

European Shares Rebound From Six-month Lows

European stocks rallied on Monday after major U.S. stock indexes rebounded in the last session on news that lawmakers have managed to end a brief government shutdown with a bill raising spending caps and funding the government until March 23rd.

 

China’s Bank Lending At Record High

China’s banks lent a record amount of new yuan loans in January, data from the People’s Bank of China showed Monday. New yuan loans increased to CNY 2.9 trillion in January from about CNY 584 billion in December.

 

FTSE 100 Rebounds As Commodity Stocks Rally

U.K. shares opened higher on Monday, with miners leading the surge, after major U.S. stock indexes rebounded in the last session on news that lawmakers have managed to end a brief government shutdown with a bill raising spending caps and funding the government until March 23rd.

 

CAC 40 Rebounds As Risk Appetite Returns

French stocks opened sharply higher on Monday as investors put inflation concerns on the backburner and looked ahead to U.S. inflation data due this week for clues to whether the Federal Reserve will continue raising interest rates.

 

DAX Rallies After Turbulent Week

German stocks rallied on Monday even as government bond yields continued to rise on expectations for higher interest rates and amid speculation that the European Central Bank may end its quantitative easing program as soon as possible.

 

UK January Household Spending Fall First In 5 Years: Visa Survey

UK household spending declined at the start of the year, which was the first January drop since 2013, a survey compiled by IHS Markit on behalf of Visa, showed on Monday.

 

Singapore Visitor Arrivals, Tourism Receipts Hit Record Highs In 2017

Singapore’s both tourism receipts and visitor arrivals attained record highs for the second straight year in 2017, data released by the Singapore Tourism Board showed Monday.

 

Asian Shares Mostly Higher Ahead Of US Inflation Data

Asian stocks ended mixed on Monday after U.S lawmakers managed to end a brief government shutdown with a bill raising spending caps and funding the government until March 23rd.

 

Romania Industrial Production Grows Sharply In December

Romania’s industrial production expanded markedly at the end of the year, mainly driven by strong growth in manufacturing activity, figures from the National Institute of Statistics showed Monday.

 

BoE’s Chief Economist Says ‘No Rush’ To Hike Rates: Report

The Bank of England is in no rush to hike rates and the rates will not go back to levels seen in the past, Chief Economist Andy Haldane said. “We have a very strong eye on inflationary developments, and they’re currently ahead of our target,” Newcastle Chronicle newspaper reported him as saying.

 

Denmark Inflation Eases Further

Denmark’s consumer price inflation moderated for the fourth straight month in January, figures from Statistics Denmark showed Monday. The consumer price index rose 0.

 




European Shares Likely To Rebound After Wall Street Gains

European stocks may open higher on Monday after U.S. lawmakers managed to end a brief government shutdown with a bill raising spending caps and funding the government until March 23rd.

 

Ireland Consumer Sentiment At 17-Year High

Ireland’s consumer confidence reached a 17-year high in January reflecting robust economy, survey results from KBC Bank and the Economic and Social Research Institute showed Monday.

 

Singapore Retail Sales Fall In December

Singapore’s retail sales declined slightly in December, after rising in the previous two months, data from the Department of Statistics showed Monday. Retail sales dropped a seasonally adjusted 0.

 

Ireland Construction Growth At 8-Month High

Ireland’s construction activity expanded at the fastest pace in eight months in January, data from IHS Markit showed Monday. The Ulster Bank construction Purchasing Managers’ Index rose to 61.

 

Sensex Rises 215 Points In Early Trade; Nifty Climbs Above 10,500

Indian shares opened higher on Monday, tracking a rebound on Wall Street Friday and a mixed trend across Asia this morning, after U.S. lawmakers managed to end a brief government shutdown with a bill raising spending caps and funding the government until March 23rd.

 

Asian Markets Mostly Higher After Wall Street Rebound

Asian stock markets are mostly higher on Monday, attempting to recover from the sharp losses recorded last week, following the rally on Wall Street and as oil prices rebounded in Asian trades after falling on Friday.

 

Sensex, Nifty Seen Up On Global Cues

Indian shares look set to open a tad higher on Monday as investors look forward to a slew of economic reports and another batch of quarterly earnings this week for direction.

 

Rebound Predicted For Thai Stock Market

The Thai stock market turned lower again on Friday, one session after it had ended the four-day slide in which it had given away almost 50 points or 2.9 percent.

 

Higher Open Expected For Indonesia Stock Market

The Indonesia stock market on Friday snapped the two-day winning streak in which it had collected more than 65 points or 1 percent along the way. The Jakarta Composite Index now rests just above the 6,500-point plateau although the market may bounce higher again on Monday.

 

More Volatility Likely In Store For Hong Kong Shares

The Hong Kong stock market turned emphatically lower on Friday, one session after it had halted the five-day losing streak in which it had plummeted more than 2,550 points or 8 percent.

 

Australian Market Declines

The Australian stock market is declining on Monday despite the rally on Wall Street Friday, as weak gold and oil prices weighed on resources stocks. Investors are also cautious as they digested earnings results of major local companies.

 

Bargain Hunting Predicted For China Stock Market

The China stock market has finished sharply lower in four straight sessions, plunging more than 360 points or 10.2 percent in that span. The Shanghai Composite Index now rests just beneath the 3,130-point plateau although it’s expected to find its footing on Monday.

 




Taiwan Bourse Tipped To End Losing Streak

The Taiwan stock market has finished lower in back-to-back trading days, sliding almost 180 points 0r 1.7 percent in that span. The Taiwan Stock Exchange now rests just above the 10,370-point plateau although it’s expected to stop the bleeding on Monday.

 

Higher Open Predicted For Singapore Stock Market

The Singapore stock market turned lower again on Friday, one session after it had snapped the four-day losing streak in which it had surrendered more than 150 points or 4.

 

Bargain Hunting Expected To Lift Malaysia Bourse

The Malaysia stock market on Friday ended the two-day winning streak in which it had advanced more than 25 points or 1.4 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,820-point plateau although it’s expected to bounce higher again on Monday.

 

Renewed Support Predicted For South Korea Shares

The South Korea stock market headed south again on Friday, one session after it had snapped the four-day losing streak in which it had tumbled more than 170 points or 7 percent.

 

Singapore Retail Sales Data Due On Monday

Singapore will on Monday release December figures for retail sales, highlighting a light day for Asia-Pacific economic activity. In November, retail sales were up 5.

 

New Zealand Overall Credit Card Spending Climbs 0.6% In January

The total value of overall credit card spending in New Zealand jumped a seasonally adjusted 0.6 percent on month in January, Statistics New Zealand said on Monday – following the 0.

 

New Zealand Overall Credit Card Spending Rises 0.6% In January

The total value of overall credit card spending in New Zealand was up a seasonally adjusted 0.6 percent on month in January, Statistics New Zealand said on Monday – following the 0.

 

10 things you need to know before the opening bell

Here is what you need to know.

Trump is set to unveil his infrastructure plan. President Donald Trump is set to unveil his $1.5 trillion infrastructu

 

We spoke with the creator of the Chase Sapphire Reserve about millennials, myths, and the other challenges she’ll confront in her next job at JPMorgan

BI PRIME: While many banks are shuttering branches, JPMorgan is expanding. They’ve tapped Pam Codispoti, creator of the Chase Sapphire Reserve, to run the job.

 

DEUTSCHE BANK: It could take as long as ‘2593 calendar days’ for market volatility to settle down

BI Prime: The VIX reflects expectations for volatility in the S&P 500, and trades inversely to the benchmark roughly 80% of the time.

 

Ryder raises dividend 13%, related to tax cut benefits

Ryder System Inc. R, +1.19% said Monday it will raise its quarterly dividend by 13% to 52 cents a share, as result of earnings benefits expected from

 

Burger King parent Restaurant Brands earnings fall short of estimates

Restaurant Brands International Inc. QSR, +0.14% said Monday it had net income of $395 million, or $1.59 a share, in the fourth quarter, up from $118.

 




CSRA’s stock rockets after General Dynamics’ buyout deal at a 32% premium

Shares of CSRA Inc. CSRA, -0.10% rocketed 31% in premarket trade Monday, after the government IT company agreed to be acquired by General Dynamics Cor

 

Webinar: UK, US inflation and Euro-Zone GDP Dominate the Week

Welcome to DailyFX where subscribers get access to actionable and authoritative views on global financial markets. Why Subscribe? -Cutting edge real-time ins…

 

FX STREET US session review 12 02 18

 

Daily Market Roundup (February 12, 2018) – By DailyForex

For more daily news and technical analysis visit: http://www.dailyforex.com

 

Cheer Up

Adage:

Simplicity in trading demonstrates wisdom. Complexity is the sign of inexperience.

Cartoon:


Image courtesy: www.forexfactory.com

Have a nice trading!




Share This:

Related posts