Heads-up News 

New York Trading Session Heads Up Wednesday, May 16, 2018

New York opening news digest

Novartis top lawyer quits over Cohen payments

The top lawyer at Novartis is leaving the company following revelations that it made payments to President Donald Trump’s personal attorney

 

Japan slumps; Starbucks doubles down in China; Macy’s earnings

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

 

Trading Outlook for USD, EUR/USD, GBP-Pairs, Gold Price & More

Today, we took a look at the USD rally versus a few major currencies, several GBP pairs, gold’s range-break, and outlook for a few other

 

JPY Looking Attractive on Rising Risks Posed by North Korea and Italy

JPY Looking Attractive on Rising Risks Posed by North Korea and Italy

 

Political Risk in Italy Returns to Haunt EUR, BTPs and Italian Stocks

The Euro, Italian government bonds and Italian stocks could all come under downward pressure as political risk in Italy increases. However, the impact should be

 

EURUSD Bounces May Attract the Bears

The US dollar rally continues but prices don’t move in a straight line. Any bounce in EURUSD may be seen as a potential short opportunity.

 

Euro Breakdown Favored vs Canadian Dollar, Confirmation Pending

The Euro sits at trend-defining support against the Canadian Dollar, with fundamental forces seemingly lining up in favor of a downward breakout.

 

EURGBP – Pending Short as 200-DMA Nears * Update*

Short-term price moves can offer trading opportunities, especially when technical levels near.

 

FTSE Technical Outlook – GBP Pounding Helps Push Stocks Towards Record

The footsie has essentially shredded any levels which has stood in its way on firming risk appetite and a sharply declining pound.

 

Crude Oil Prices May Be Topping, IEA Report and Inventory Data Due

Crude oil price technical positioning hints a top may be taking shape. A monthly report from the IEA and official inventory flow data line up

 

EURGBP -Pending Short as 200-DMA Nears * Update*

Short-term price moves can offer trading opportunities, especially when technical levels near.

 




Morning News: May 16, 2018 Crossing Wall Street

Paddy Power, FanDuel in Talks About U.S. Business

George Soros’ Fund Bought $35 Million of Tesla Bonds While Loading Up on Amazon, Netflix Stock

Fac

 

10 things you need to know before the opening bell

A worker cleans a Lionel Messi figure at a small factory in the outskirts of Shanghai, China. Reuters/Aly Song Here is what you need to know.

The Tru

 

A $1.2 trillion money manager has a wake-up call for anyone who’s bullish

BI PRIME: Northern Trust considered that there’s room for disappointment relative to expectations and downgraded its growth forecasts for the US economy. Though

 

GOLDMAN SACHS: Buy these 13 stocks for their explosive sales growth as market-wide profits dry up

BI PRIME: Investors have been rewarding companies less for beating earnings forecasts as they prepare for an inevitable profit slowdown. Goldman Sachs says they

 

A Bank of England official was forced to apologise after calling the UK economy ‘menopausal’

The UK economy is in a “menopausal” phase after passing peak productivity, a Bank of England deputy governor Ben Broadbent said in an interview. He suggested th

 

Churchill Downs to enter iGaming, sports betting markets

Churchill Downs Inc. CHDN, +1.74% said Tuesday it will enter the real-month online gaming and sports betting markets, on the heels of the U.S. Supreme

 

Zoetis to buy veterinary diagnostics company Abaxis for a 16% premium

Zoetis Inc. ZTS, -1.24% announced Tuesday a deal to buy veterinary diagnostics company Abaxis Inc. ABAX, -0.58% in a deal valued at $2.0 billion. Abax

 

Trading Outlook – USD, EUR/USD, GBP-Pairs, Gold Price & More

Today, we took a look at the USD rally versus a few major currencies, several GBP pairs, gold’s range-break, and outlook for a few other key markets. -Subscr…

 

Daily Market Roundup (May 16, 2018) – By DailyForex

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

 

Why HEAL LN is sharply outpacing the market

The iShares Healthcare Innovations UCITS ETF (HEAL LN) is up more than 7% year-to-date, sharply outperforming the broader market and pharmaceuticals sector. …

 

Cheer Up

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