Heads-up News 

New York Trading Session Heads Up Monday, December 2, 2019

New York opening news digest

Are Cloud CRM Offerings 50%, 70% or 90% of Salesforce.com’s Stock?

Salesforce.com (NYSE: CRM) makes money through the sale of software for customer relationship management, and competes with Adobe, Oracle, Intuit, and SAP, among others. Trefis highlights the various segments that constitute Salesforce.com’s Revenues in an interactive dashboard along with our…

 

Machine Learning Answers: If Caterpillar Stock Drops 10% A Week, What’s The Chance It’ll Recoup Its Losses In A Month?

Caterpillar stock has seen significant volatility this year. You can test a variety of scenarios on the Trefis Machine Learning Engine to calculate if Caterpillar stock dropped, what’s the chance it’ll rise.

 

Why Humana’s Stock Had A Strong Run In November

Humana Inc. (NYSE: HUM), a health insurance company based out of U.S., has seen its stock price rally 15% over the last month. The rally was primarily driven by stronger-than-expected Q3 results. The company’s adjusted EPS stood at $5.03 per diluted share, versus the consensus estimate of $4.58…

 

America’s “Full Employment” Hides a Dirty Secret

Should just being “employed” make people/workers happy?
Unhappy people can still vote and are often easy marks for shameless politicians to manipulate. Their spending patterns change, too.
So it ends up affecting everyone and everything.

 

Worried About Record Stock Prices Invest In IPOs

The right IPOs can deliver huge returns during any kind of market. Most folks don’t realize this. They think IPOs are a “bull market only” play.

 

Crude Oil Price Analysis: Oil Prices Soar on OPEC Signal

Crude Oil Price Analysis: Oil Prices Soar on OPEC Signal

 

GBP/USD Forecast: Polls Still Point to a Tory Majority But Gap Closes

GBP/USD remains bid with the latest General Election polls pointing to a Conservative majority on December 12. One poll however has the lead tightening, prompting caution.

 

Crude Oil Prices Jump as China Manufacturing Recovers, OPEC Eyed

Crude oil prices were already looking hopefully for news of more, or longer, production cuts. China’s manufacturing sector managed some good news this month, which also helped.

 

EUR/GBP recedes from tops near 0.8540

EUR/GBP gapped to the upside at the beginning of the week although it has been trading with a selling bias since then. EUR/GBP focused on UK elections

 

Silver Price News and Forecast: XAG/USD struggles below $17.00 mark, near 1-week lows

Silver held on to its weaker tone through the mid-European session on Monday and dropped to the lower end of a one-week-old trading range, around the

 

Global economy is showing tentative signs of stabilisation – Danske Bank

Danske Bank analysts suggest that the global economy after a period of sizeable monetary policy stimulus from major central banks and fiscal stimulus

 




US: ISM manufacturing index likely to continue to recover in November – TDS

Analysts at TD Securities are looking for the US ISM manufacturing index to continue to recover in November, rising to 49.2 from 48.3 given recent opt

 

South Africa Total New Vehicle Sales fell from previous 51.978 to 44.738 in November

South Africa Total New Vehicle Sales fell from previous 51.978 to 44.738 in November

 

South Africa Total New Vehicle Sales fell from previous 51.978 to 44.78 in November

South Africa Total New Vehicle Sales fell from previous 51.978 to 44.78 in November

 

Chile IMACEC declined to -3.4% in October from previous 3%

Chile IMACEC declined to -3.4% in October from previous 3%

 

Oil Crude Oil Price and Forecast: WTI bounces amid OPEC speculation, upbeat data

Meanwhile, a growing theme has been with the Saudis subsidizing other members for other members’ excessive production and reports were circulating

 

EUR/USD Technical Analysis: Remains bearish below the 55-day SMA near 1.1040

EUR/USD, in the meantime, keeps the narrow trading range in the low-1.1000s for the time being. Immediately above emerges the key 55-day SMA near 1.10

 

US Dollar Index Technical Analysis: Still rangebound. Further gains expected above 98.50

DXY has been rejected from the key resistance area near 98.50 during the last week. A breakout of this key hurdle should expose the 99.00 neighbourhoo

 

China: Strong manufacturing data – Deutsche Bank

Deutsche Bank analysts suggest that China has given the world a boost by seeing the official manufacturing gauge at 50.2 (49.5 expected), the first 50

 

USD/CAD Technical Analysis: Consolidates in a range around 200-DMA

The USD/CAD pair managed to regain some positive traction on Monday, albeit remained well within 70-75 pips trading range held over the past two weeks

 

US ISM manufacturing amongst market movers today – Danske Bank

According to Danske Bank analysts, today’s data highlight is US ISM manufacturing. Key Quotes “ISM manufacturing is weak but the regional indices and

 

Germany: Political instability? – Deutsche Bank

Deutsche Bank analysts point out that on Saturday, the result of the SPD leadership vote caught German politicians and observers by surprise. Key Quot

 

WTI jumps 2.5% towards $ 57 amid solid China PMI, OPEC cuts hopes

The WTI (oil futures on NYMEX) rebound from weekly lows of 55.02 gathered steam in the European session on Monday, now lifting the rates back above th

 




Hong Kong’s dire economic situation gets dramatically worse – ING

Hong Kong retail sales were in a sea of red in October. Both domestic and tourism spending were dismal. This situation will only reverse once we see a

 

EUR/JPY Technical Analysis: Upside keeps targeting the 121.50 area

EUR/JPY is prolonging the rally for yet another session and is trading at shouting distance from the key 121.00 barrier. Further upside now targets th

 

USD/CNH sticks to the sideline trading – UOB

USD/CNH is expected to keep the ongoing consolidative pattern unaltered in the near term, suggested FX Strategists at UOB Group. Key Quotes 24-hour vi

 

NZD/USD climbs to 1-month tops, beyond mid-0.6400s

The NZD/USD pair continued gaining positive traction through the early European session on Monday and climbed to near one-month tops, around the 0.646

 

UK Final Manufacturing PMI rises to 48.9 in Nov, Cable keeps 1.2900

The UK manufacturing sector activity contraction slowed in the month of November, the final report from IHS Markit showed this Monday. The seasonally

 

United Kingdom Markit Manufacturing PMI came in at 48.9, above expectations (48.3) in November

United Kingdom Markit Manufacturing PMI came in at 48.9, above expectations (48.3) in November

 

South Korea Trade Balance: $3.37B (November) vs previous $5.34B

South Korea Trade Balance: $3.37B (November) vs previous $5.34B

 

Sources: Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO – Reuters

Reuters quoted two unnamed sources with the knowledge of the matter, saying that the OPEC and its allies (OPEC+) is considering deepening the current

 

Colombia National Jobless Rate declined to 9.8% in September from previous 10.2%

Colombia National Jobless Rate declined to 9.8% in September from previous 10.2%

 

India: RBI prioritising growth – TDS

Mitul Kotecha – Senior Emerging Markets Strategist at TD Securities (TDS) – expects the RBI to cut its repo rate by 25bps to 4.90% at its meeting on T

 

Greece Markit Manufacturing PMI: 54.1 (November) vs 53.5

Greece Markit Manufacturing PMI: 54.1 (November) vs 53.5

 

European Monetary Union Markit Manufacturing PMI above forecasts (46.6) in November: Actual (46.9)

European Monetary Union Markit Manufacturing PMI above forecasts (46.6) in November: Actual (46.9)

 




Turkey Exports fell from previous $15.66B to $15.5B in November

Turkey Exports fell from previous $15.66B to $15.5B in November

 

Germany Markit Manufacturing PMI above expectations (43.8) in November: Actual (44.1)

Germany Markit Manufacturing PMI above expectations (43.8) in November: Actual (44.1)

 

Gold drops to session low, reverses Friday’s positive move

Gold extended its steady intraday decline through the early European session on Monday and is currently placed near the lower end of its daily trading

 

Morning News: December 2, 2019 Crossing Wall Street

China Spares Trade in First Retaliation to U.S.’s Hong Kong Law

New Nissan CEO Rules Out Closer Capital Ties With Renault

U.S. Digs Deeper Into Deut

 

Chinese manufacturing staged a surprise recovery — rallying to an 8-month high in November | Markets Insider

China’s manufacturing sector staged a surprise recovery in November. The official manufacturing Purchasing Managers Index (PMI) returned a read…

 

UPDATE: Evofem Biosciences stock soars 27% premarket on news of positive results in trial of drugs for STDs

Evofem Biosciences Inc. reported positive results in a mid-stage trial of a treatment for chlamydia and gonorrhea in women, sending its stock up 27% in…

 

Sprout Social sets IPO terms, could raise up to $159 million

Sprout Social set terms for its initial public offering, in which the provider of social media services for businesses could raise up to $158.8 million. The…

 

U.S. stock futures move off day’s highs after Trump’s tariff tweet

U.S. stock futures moved off their highest levels of the day and European stocks flattened out after President Trump tweeted he was bringing back steel…

 

Bill.com sets IPO terms to raise up to $158.8 million, be valued at over $1.2 billion

Bill.com set terms for its initial public offering, in which the financial software services provider for small- to midsize businesses could raise up to…

 

Trump says he’s reintroducing Brazil and Argentina steel tariffs

President Trump on Monday morning attacked Brazil and Argentina over their currencies and said he will restore steel and aluminum tariffs. “Brazil and…

 

Hostess to buy Voortman Cookies for $320 million

Twinkie maker Hostess Brands said it’s going to buy wafer-maker Voortman Cookies from Swander Pace Capital for $320 million (C$425 million) in cash. Hostess…

 

Resumen Diario del Mercado (Diciembre 02) – Por DailyForex

Para más noticias diarias y análisis técnicos visite: https://es.dailyforex.com/

 




ملخص اسواق العملات ليوم الاثنين 2019/12/02 من موقع ديلي فوركس

لمزيد من الأخبار و التحليلات اليومية قم بزيارة: http://arab.dailyforex.com/

 

Cheer Up

Adage:

Moving Average – a curly line that has nothing to do with the price movement if you have an open position.

Cartoon:


Image courtesy: www.forexfactory.com

Have a nice trading!




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