Heads-up News 

New York Trading Session Heads Up Tuesday, May 15, 2018

New York opening news digest

Retail hopes; China trade talks; German growth slows

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


Lackluster U.S. Retail Sales Report to Fuel EUR/USD Rebound

Fresh updates to the U.S Retail Sales report may fuel a larger rebound in EUR/USD as household spending is expected to narrow in April.


UK Jobs Report – Will Unemployment Continue to Fall? | Webinar

The UK jobs market remains robust with unemployment currently at a four-decade low. Will another strong set of figures underpin a currently weak Sterling?


EURUSD Brushes Off Slowing Eurozone Growth

See our Q2 EUR forecast to learn what will drive the currency through the quarter.

The Euro and DAX saw a largely muted reaction after a raft of Euro


DAX & CAC Technical Outlook: Keeping the Euro in Mind

The DAX and CAC have been quite strong in recent weeks, with nothing substantial suggesting they will move lower; the euro consideration.


UK Jobs Report Lifts GBP but Impact Minimal on Chances of Rate Rise

The latest UK employment report suggests a robust UK labor market but the data are insufficient on their own to persuade the Bank of England


EURUSD Low to be Retested as US Treasury Yields Jump

The US dollar is back in bullish mode as US Treasury yields hit fresh multi-year highs, underpinning the greenback against a weak Euro.


AUD/USD Technical Analysis: Deeper Down Move Seen Ahead

The Australian Dollar may be on the cusp of another push lower against its US counterpart following a brief corrective recovery to retest former chart


Gold Prices Menace Key Support with Fed Freshmen Hearings Due

Gold prices threaten trend support guiding the move higher since December 2016 with Senate confirmation hearings for two incoming Fed officials due.


Asian Stocks Slip Back Despite Wall St Gains, Dollar Turns Up Again

Asian stocks failed to track their US peers higher in a session quite short of economic news to provide new cues. The Dollar tracked up


Morning News: May 15, 2018 Crossing Wall Street

Vodafone’s Boss Has Given Us Years of Static

Amazon ‘Questions’ Its Growth In Seattle After City Passes Watered-Down Tax to Help Homeless

The “Meteo


10 things you need to know before the opening bell

Senior Airman John Linzmeier, of the Hawaii National Guard, observes a lava flow in the Leilani Estates subdivision during ongoing eruptions of the Ki


George Soros’ foundation is leaving Hungary after a campaign against him ‘unprecedented in the history of the European Union’

George Soros’ Open Society Foundation (OSF) will pull out of its office in Hungary following the announcement of tighter restrictions on non-governmental organi


Wall Street’s best stock picker shares his secret weapon for unlocking massive investment opportunities

BI PRIME: Dennis Lynch, head of growth investing at Morgan Stanley Investment Management, was the top large-cap portfolio manager of 2017, and he’s dominated Wa


Billionaire Michael Bloomberg is launching a rival to Davos — and it’s all about China

Bloomberg has called on two veteran China experts to assist him with the conference, bringing in former US Secretary of State and the father of modern Realpolit


Vodafone’s CEO announces his departure less than a week after making $22 billion deal with ‘cable cowboy’ John Malone

Vodafone announced on Tuesday that long-serving CEO Vittorio Colao will step down later this year. Colao, who has been at the helm of the British-based firm for


Eli Lilly’s cluster-headache treatment passes phase 3 test

Eli Lilly & Co. LLY, +0.75% said Tuesday a phase 3 trial of galcanezumab for the treatment of episodic cluster headaches met its primary endpoint, and


Home Depot’s stock drop accounts for more than half of Dow’s early selloff

Shares of Home Depot Inc. HD, +0.40% dropped 2.0% in premarket trade Tuesday, pulling back from a 3-month-high close in the previous session, after th


Swiss prosecutors eye Novartis’s deal with Cohen: reports

Prosecutors in Switzerland have been reviewing Novartis AG’s $1.2 million deal with a consulting company created by Michael Cohen, President Donald Tr


Trading Outlook for Gold Price, Crude Oil, DAX, S&P 500, and More

In this session, we checked in on several major markets and the technical/trading outlook; gold range, oil still bullish, indices bullish but lack conviction…


Live UK Data Coverage – Jobless Claims & Wages

The UK jobs market is in robust health with unemployment at a four decade low. Can wages pick-up to help the under-fire UK retail sector? -Subscribe to Daily…


Daily Market Roundup (May 15, 2018) – By DailyForex

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



Image courtesy: www.profitf.com

Have a nice trading!

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