Tokyo opening news digest
|Optimism among individual investors about the short-term direction of the stock market rebounded, but not enough to rise above the historical average.|
|The current Elliott Wave for US Dollar Index appears to be a terminal wave. We are anticipating a US Dollar reversal below 96.03.|
|Last week, one currency held up against the U.S. Dollar’s renewed strength: the Canadian Dollar. The Loonie put together its third consecutive week of gains,|
|Analysts at ANZ explained that the RBNZ has put itself right at the back of the global pack when it comes to future policy tightening.
|Analysts at Nomura explained that they expect headline CPI to increase 0.2% (0.227%) m-o-m in July (Consensus: 0.2%), pushing up its y-o-y change to 3|
|Analysts at ANZ explained that equities were mixed on light volumes with treasury yields down a few basis points.
“The USD strengthened
|NZD/USD has been on the defensive due to the resurgence of the dollar in the main today, but indeed, and without doubt, the bird is suffering tremendo|
|The AUD/USD is trading into 0.7375 heading into Friday’s overnight session after the Aussie lost ground once again against the US Dollar.
|Analysts at Westpac explained that the FX and bond markets showed signs of risk aversion with emerging markets under pressure, especially Turkey and R|
|Crude oil WTI 15-minute chart
Crude oil WTI 480-minute chart
Spot rate: 66.69
Relative change: -0.13%
|S&P 500 15-minute chart
S&P 500 daily chart
Spot rate: 2,851.4
Relative change: 0.01%
|In a market wrap, analysts at TD Securities explained that North American equities were mixed on Thursday with major US indices slightly lower (SPX: –|
|Major equity indexes in the U.S. failed to determine a clear trend on Thursday as major sectors showed varying performances.
Crude oil prices failed
|EUR/USD has dropped as the dollar continues to pick up a bid ahead of the key CPI release on Friday.
EUR/USD is currently trading at 1.1532, but
|Shares of Redfin Corp. RDFN, +2.07% fell nearly 7% late Thursday after the real-estate brokerage beat quarterly expectations but forecast slower reven|
|The Tesla Inc. TSLA, -4.83% board of directors plans to meet with advisers next week to make formal the process of exploring Chief Executive Elon Musk|
|Shares of SunRun Inc. RUN, +0.35% tanked nearly 14% in the extended session Thursday after the solar-power company reported mixed second-quarter resul|
|Tronc Inc. TRNC, +1.92% shares slipped in the extended session Thursday following a run-up fueled by reports of a possible buyout after the media comp|
|Shares of Puma Biotechnology Inc. PBYI, +0.72% rose more than 19% in the extended session Thursday after the company reported a narrower-than-expected|
|Shares of Universal Display Corp OLED, -0.83% were up 11.7% in after-hours trading Thursday, after the maker of organic light-emitting diode technolog|
|Talking Points: • The three-day historical range from the S&P 500 is the smallest in percentage terms in 2018 and one of the smallest in decades • With the D…|
A chartist I know said my stock had a doji candle stick formation but all I could see was a sword-wielding samurai chasing me while we both were screaming.
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Have a nice trading!