Tokyo opening news digest
|The anniversary of fracking passed last week and did not get nearly enough attention in the press. The geopolitical implications, environmental implications, and yes, market and economic implications, of the event are all nearly impossible to exaggerate.|
|The information needed to spur a broad decline in the New Zealand Dollar may have been delivered after the central bank said rates would remain|
|The Reserve Bank of New Zealand’s (RBNZ) Governor, Adrian Orr, is speaking at a press conference following the central bank’s rate statement earlier.|
|The AUD/USD is trading near Wednesday’s highs, testing near 0.7440 after a mild dump into 0.7400 at the tail-end of Wednesday’s trading.
The Aussie i
|Crude oil 15-minute chart
Crude oil 480-minute chart
Spot rate: 66.69
Relative change: -3.53%
|The AUD/NZD pairing is breaking into 1.1080 and continuing to head higher after the Reserve Bank of New Zealand (RBNZ) delivered a rate statement that|
|In a market wrap, analysts at Westpac have explained that AUD/USD tumbled as China announced new tariffs on US vehicle and energy imports but recovere|
|The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and into 2020, longer than we projected in|
|NZD/USD made a high of 0.6763 in NY from a low of 0.6722 on Wednesday’s trade while consolidating at 0.6750 going into the RBNZ decision. The Kiwi has|
|Below is the RBNZ’s updated OCR forecast, as reported by Reuters.
Sees official cash rate at 1.8 pct in December 2018 (pvs 1.8 pct).
|In a widely expected decision, the Reserve Bank of New Zealand (RBNZ) has left its official cash rate unchanged at 1.75% and said that rates would exp|
|New Zealand RBNZ Interest Rate Decision meets expectations (1.75%)|
|Analysts at Nomura offered a review of the key data from the US session today.
“Initial jobless claims: Initial and continuing claims r
|Major equity indexes in the U.S. started the day slightly lower and struggled to make a decisive move in either direction throughout the day as invest|
The RBNZ is expected to leave the Official Cash Rate (OCR) at 1.75% at its policy meeting today on the hour while markets look for pote
|Stocks were mixed Wednesday despite a recent wave of upbeat corporate earnings as a new round of tariffs between the US and China dragged energy companies …|
|Nektar Therapeutics NKTR, +2.45% shares swung lower in the extended session Wednesday after the biotech company reported quarterly earnings. Nektar sh|
|LendingClub Corp. LC, -10.02% disclosed a Massachusetts investigation into its advertising and disclosure practices Thursday, sending shares down in a|
|ADT Inc. ADT, +3.61% shares dropped in the extended session Wednesday after the home and business security company reported an unexpected loss on the|
|Shares of ELF Beauty Inc. ELF, +3.18% tanked in Wednesday’s extended session after the beauty-products retailer cut its revenue forecast for 2018. ELF|
|CenturyLink Inc. CTL, -0.54% shares advanced more than 4% in the extended session Wednesday after the telecommunications company reported earnings abo|
|SailPoint Technologies Holdings Inc. SAIL, -0.69% shares surged in the extended session Wednesday after the identity governance company’s quarterly re|
|Jack in the Box Inc. JACK, +0.14% shares rose nearly 7% in the extended session Wednesday after the fast-food chain reported fiscal third-quarter earn|
|Talking Points: • The S&P 500 is within spitting distance of a record high, yet it’s sporting the lowest activity level since December holidays • Already lon…|
If I could be anywhere in the world right now? India. Followed by Nepal and Bangladesh. You haven’t lived until you’ve been venerated.
Image courtesy: www.profitf.com
Have a nice trading!