Heads-up News 

New York Trading Session Heads Up Thursday, January 11, 2018

New York opening news digest

Premarket: 5 things to know before the bell

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

 

Who Controls All The Money In Asia?

Economies in Asia are so unique not only because of their distinctive political system, but their financial systems also differ greatly. In fact, the main driver behind Asia’s economic success is central banks. But who control these financial entities, and how do they operate in the exotic region?

 

USD Steadies, US Treasury Yields Fall as China Denies Policy Change

The US Dollar has stabilized and US Treasury yields are easing Thursday after China denied a report that it is halting or cutting its purchases

 

Bitcoin, Ethereum Prices Hit After South Korean Exchange Raids

A series of raids by South Korean tax officials and police on a number of the country’s cryptocurrency exchanges sent prices spinning lower before markets

 

FTSE Technical Outlook – Rally Continues, but Caution Warranted

The footsie continues to propel higher, with the measured move target of H2 2017 range in the cross-hairs; caution warranted, however, on new longs at

 

NZD/USD Technical Analysis: False Breakout Below 0.73 Figure?

The New Zealand Dollar appears poised to continue building higher against its US namesake after breaking resistance capping prices since late July 2017.

 

Germany GDP Expands Most In 6 Years

The German economy expanded at the fastest pace in six years in 2017, data from Destatis showed Thursday. Gross domestic product grew 2.2 percent in 2017 after expanding 1.

 

FTSE 100 Marginally Higher Amid Mixed Earnings

U.K. shares were marginally higher on Thursday as the pound weakened against the dollar and euro, helping offset weak earnings updates from the likes of Tesco and Marks & Spencer Group.

 

CAC 40 Little Changed In Cautious Trade; Sodexo Shares Tumble 3%

French shares were little changed in cautious trade on Thursday as corporate earnings started trickling out and investors eyed the latest ECB minutes for signs whether the central bank will start withdrawing its stimulus policies earlier than expected.

 

DAX Subdued As Investors Await ECB Minutes

German stocks were subdued on Thursday as corporate earnings started trickling out and investors eyed the latest ECB minutes for signs whether the central bank will start withdrawing its stimulus policies earlier than expected.

 

France GDP Expands 0.6% In Q4: BoF Survey

France’s economy expanded at a faster pace in the fourth quarter of 2017, according to the Bank of France survey. Gross domestic product is likely to have expanded 0.

 




Warren Buffett Certain That Cryptocurrencies Set For Bad Ending

Billionaire investor Warren Buffett has warned that cryptocurrencies are set to have a bad ending and he would not bet any money on them. “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” Buffett, who is the chairman and CEO of Berkshire Hathaway, said in an interview to CNBC.

 

Hungary Industrial Production Growth Eases As Estimated

Hungary’s industrial production growth eased markedly as initially estimated in November, latest figures from the Hungarian Central Statistical Office showed Thursday.

 

Asian Shares Follow Wall Street Lower

Most Asian stocks fell on Thursday after Wall Street experienced its first loss-making session this year overnight, hit by reports that China may slow or halt purchases of U.

 

Romania Industrial Production Grows More Than Forecast

Romania’s industrial production expanded notably in November, and at a faster than expected pace, figures from the National Institute of Statistics showed Thursday.

 

European Shares Seen Lower As Risk Appetite Wanes

European stocks may open lower on Thursday following a softer lead from Wall Street overnight and a weak trend across Asia this morning after a combination of factors pushed global bond yields higher in recent sessions.

 

New Zealand Job Ads Fall For Second Month

Job advertisements in New Zealand declined for the second straight month in December, the results of a survey by ANZ bank showed Thursday. Job ads dropped a seasonally adjusted 0.

 

Japan Leading Index At 46-Month High

Japan’s leading index increased notably in November to the strongest level in nearly four years, preliminary figures from the Cabinet Office showed Thursday. The leading index, which measures the future economic activity, climbed to 108.

 

European Economics Preview: Germany’s GDP Data Due

National accounts data from Germany is due on Thursday, headlining a light day for the European economic news..

 

PERU: Political Turmoil Undermines Governance And Growth – Fitch

Political tensions in Peru pose new governance challenges and will likely have a negative impact on investment and economic growth in 2018-2019, Fitch Ratings said in a report.

 

PERU: Exports Climb 12.7% In November On Annual Basis

The total volume of goods exported by Peru in November grew 12.7% when compared to the same period of 2016, while the total volume of imported goods rose 10.5%, said the country’s statistics office.

 

Sensex, Nifty Consolidate After Recent Gains

Indian shares opened slightly lower on Thursday as investors adopted a cautious stance ahead of key earnings and macroeconomic data due this week. The benchmark BSE Sensex was down 7 points at 34,425 in early trade while the broader Nifty index was down 9 points at 10,622.

 

Malaysia Industrial Production Growth Exceeds Forecast

Malaysia’s industrial production growth accelerated at a faster-than-expected pace in November, data from the Department of Statistics showed Wednesday. Industrial production climbed 5.

 




BRAZIL: Ibovespa Falls For Second Straight Day As Risk Appetite Fades

Ibovespa, the benchmark stock market index in Brazil, ended down for the second consecutive day on Wednesday, dropping 0.84% to 78,200.57 points. Investors are still taking profits after the recent 11-day streak of gains in the local market.

 

Asian Markets In Negative Territory

Asian stock markets, with the exception of Indonesia, are in negative territory on Thursday following the weak lead overnight from Wall Street amid speculation that China, the largest buyer of U.

 

Sensex, Nifty To Open On Subdued Note; TCS In Focus

Indian shares may open a tad lower on Thursday amid weak global cues and ahead of quarterly earnings from TCS and IndusInd Bank due later in the day. Investors also await Infosys’ results as well as readings on inflation and industrial output on Friday for further direction.

 

Thai Shares Inherit Soft Lead For Thursday

The Thai stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had advanced almost 55 points or 2.

 

Japanese Market Declines

The Japanese stock market is losing on Thursday following the weak cues overnight from Wall Street and as the yen held gains against the U.S. dollar. Investors are also cautious as they await the earnings results of some major Japanese companies later in the day.

 

VENEZUELA: Country And China Review Projects To Increase Oil Production

Representatives of the Venezuelan oil company PDVSA and the China National Petroleum Corporation (CNPC) reviewed the scope of their Petrosinovensa joint venture and other joint projects aiming at accelerating oil production.

 

More Pain Predicted For Indonesia Stock Market

The Indonesia stock market has finished lower in two straight sessions, slipping almost 15 points or 0.2 percent along the way. The Jakarta Composite Index now rests just above the 6,370-point plateau and it’s expected to take further damage on Thursday.

 

ARGENTINA: Profit Taking Hits Merval Index After Recent Bullish Trend

Merval, the main index of the Buenos Aires Stock Exchange, fell 1.61% to 31,618.65 points Wednesday in an expected profit-taking move after a bullish rally of almost two weeks and after a lower-than-expected cut to the country’s benchmark interest rate.

 

COLOMBIA: Colcap Falls 0.59% Amid Low Trading Volume

Colcap, the main index of the Colombian Stock Exchange, fell 0.59% near the end of Wednesday’s session to 1,370.05 points amid low trading volume and losses in the financial sector.

 

ARGENTINA: Country And Japan Hold Talks On Double Taxation

Argentinean and Japanese officials launched today in Tokyo the first round of negotiations aimed at reaching an agreement to avoid double taxation and prevent tax evasion.

 

Hong Kong Shares Ripe For Profit Taking

The win streak has hit an even dozen sessions for the Hong Kong stock market, which has skyrocketed almost 1,860 points or 6.2 percent along the way. The Hang Seng Index now rests just beneath the 31,075-point plateau although it may finally hit resistance on Thursday.

 

Australian Market Extends Losses

The Australian stock market is extending losses on Thursday from the previous session following the negative cues overnight from Wall Street amid worries that China will slow or halt U.

 




ECOPETROL: Company Activates Contingency Plan In Pipeline After Attacks

The Colombian state-owned company Ecopetrol activated the contingency plan for the Caño Limón-Coveñas pipeline following three attacks on the oil transportation system.

 

Win Streak Likely To End For China Stock Market

The China stock market has climbed higher in nine consecutive trading days, advancing almost 145 points or 4.2 percent in that span. The Shanghai Composite Index now rests just above the 3,420-point plateau although investors may cash in on Thursday.

 

Australia Retail Sales Soar In November

The total value of retail sales in Australia jumped a seasonally adjusted 1.2 percent on month in November, the Australian Bureau of Statistics said on Thursday – coming in at A$26.

 

COLOMBIA: Government Accuses ELN Of Carrying Out Attacks

Colombian authorities accused the National Liberation Army (ELN) guerrilla group of carrying out its first attacks after the end of a ceasefire that expired Tuesday.

 

Taiwan Shares May See Additional Selling Pressure

The Taiwan stock market has finished lower in back-to-back trading days, sliding almost 85 points or 0.8 percent along the way. The Taiwan Stock Exchange now rests just above the 10,830-point plateau and it may extend its losing streak on Thursday.

 

VENEZUELA: National Assembly Declares Government Cryptocurrency Illegal

The opposition-controlled National Assembly of Venezuela declared on Tuesday the illegality of Petro, a cryptocurrency created by the government of Nicolás Maduro, arguing that the cryptocurrency violates Venezuela’s Constitution.

 

Continued Consolidation Called For Singapore Shares

The Singapore stock market on Wednesday ended the two-day winning streak in which it had gathered almost 35 points or 1 percent. The Straits Times Index now rests just above the 3,520-point plateau and it’s expected to open in the red again on Thursday.

 

Losses May Accelerate For Malaysia Stock Market

The Malaysia stock market has tracked into the red in two straight trading days, giving away almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,820-point plateau and it’s likely to take further damage again on Thursday.

 

Losing Streak May Continue For South Korea Bourse

The South Korea stock market has finished lower in back-to-back sessions, sliding almost 15 points or 0.6 percent along the way. The KOSPI now rests just beneath the 2,500-point plateau and it may extend its losses on Thursday.

 

Australia Retail Sales Data Due On Thursday

Australia will on Thursday release November numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Retail sales are expected to add a seasonally adjusted 0.

 

BRAZIL: Annual Inflation Ends 2017 At 2.95%, Below The Lower Limit Of 3%

The annual inflation rate in Brazil increased to 2.95% in December, from 2.50% in November, rising above economists’ projections of 2.80%, but ending the year below the bottom of the central bank’s target for 2017, which ranged from 3% to 6%.

 

Stocks Climb Off Worst Levels But Still Close Modestly Lower – U.S. Commentary

After coming under pressure early in the session, stocks regained ground over the course of the trading day on Wednesday. The major averages climbed well off their worst levels of the day but still closed in negative territory.

 




Morning News: January 11, 2018 Crossing Wall Street

Nafta’s Dead. Long Live Nafta. A Look at Most Likely Outcomes

Chinese Dragon Still Needs U.S.Treasurys for Its Hoard

Investors Spooked at the Specte

 

10 things you need to know before the opening bell

Here is what you need to know.

China says report that it will stop buying US Treasury debt is ‘fake news.’ “The news may quote the wrong information

 

Immigrants are pouring into these US states

A map showing net international migration to US states between 2016 and 2017.

 

Landlords offer record freebies to New York City apartment hunters in ‘challenging year’

There’s nothing apparent that will change this narrative anytime soon.

 

A stock trade that crushed the market last year could come crashing back to Earth

BI PRIME: The stock market growth trade dominated the value strategy last year, but BAML says the tables could be turned in 2018.

 

2018 has all the makings of a monster year for dealmakers

BI PRIME: 2017 was a bumper year for mergers and acquisitions, but 2018 could be even bigger.

 

The golden age of crypto trading might already be over

BI PRIME: Bitcoin traded at wildly different prices during the month of December, but things have calmed down in the New Year. That means crypto traders are…

 

Delta Air’s stock surges after profit and sales beat expectations

Shares of Delta Air Lines Inc. DAL, +3.12% shot up 3.7% in premarket trade Thursday, after the air carrier reported fourth-quarter profit and sales th

 

Boston Scientific gets FDA approval for spinal cord stimulator system that offers non-opioid pain treatment

Shares of Boston Scientific Corp. BSX, -1.57% rose 1.7% in premarket trade Thursday, after the company said the U.S. Food and Drug Administration has

 

DST Systems’ stock jumps after buyout deal with SS&C Technologies

Shares of DST Systems Inc. DST, +22.62% jumped 3.3% in premarket trade Thursday, after the information processing and servicing company agreed to be a

 

Becoming a Better FX Trader: 6 Things to Know Before Entering a Trade

Today, we discussed basic questions a trader should ask themselves before entering a trade which help create a consistent structure.

 

ملخص اسواق العملات ليوم الخميس 11/01/2018 من موقع ديلي فوركس

يوم هادئ آخر في السوق. هناك قلق بأن تقدم الأسهم العالمية قد يبدأ بفقدان الزخم. زوج اليورو/الدولار الأمريكي يبدو أكثر تصاعدياً بعد أن وصل إلى 1.200، وبعدها تع…

 

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Have a nice trading!




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