Heads-up News 

New York Trading Session Heads Up Tuesday, April 30, 2019

New York opening news digest

Unlocking China bond market opportunities amid uncertainties

When phased inclusion of China’s onshore bond market into Bloomberg Barclays Global Aggregate Index starts in Q2, global uncertainties and Chinese corporate bonds defaults continue to worry investors.

 

ETFs Just Got Better

The next generation of exchange-traded funds, or ETFs, could be active and less transparent. Earlier this month, the SEC gave conditional backing on proposed nontransparent actively managed ETFs.

 

AUD Price Under Pressure on Poor Chinese Economic Data

More weak figures from China are adding to the downward pressure on the Australian Dollar, which is widely traded as a proxy for the world’s second largest economy.

 

Sterling (GBP) Price Outlook – GBPUSD & EURGBP

Sterling is getting a lift in early turnover against the US dollar and the Euro, although the single-currency is getting a boost from positive economic data.

 

Copper Price Outlook: Support Holds as USD Drop Offsets Chinese PMI Miss

Copper Price Outlook: Support Holds as USD Drop Offsets Chinese PMI Miss

 

EURUSD Breaks Above 1.1200 on Positive Euro-Zone Data Releases

EURUSD edges higher in the short-term but its future direction may well be steered by Wednesday’s FOMC rate meeting and Friday’s US Labor Report.

 

Euro Pushes Higher After German Jobs Numbers, Data-Heavy Session Lies Ahead

Better than expected German unemployment data has reinforced the Euro’s uptrend pushing towards the 1.12 line. In April, Germany created 5,000 more jobs than in March, surprising investors that were expecting that unemployment had increased.

 

DAX 30 & CAC 40 Momentum Stalling, Rising Risk of a Decline

The DAX and CAC have been losing momentum the past week and in an extended state this is starting to favor prices rolling over in the days ahead.

 

Yen May Extend Rise as S&P 500 Chart Warns of Trend Change

The anti-risk Japanese Yen may continue higher as technical positioning of the bellwether S&P 500 index warns of topping, implying a bearish turn in markets overall.

 

USD/TRY approaches 6.00 on further Lira weakness

The Turkish Lira remains in free-fall so far this week and it has lifted USD/TRY to new yearly highs beyond the 5.9800 handle earlier in the session.

 

Gold takes advantage of USD weakness, advances to daily highs above $1285

The XAU/USD pair dropped to $1280 area on Monday as rising US Treasury bond yields made it difficult for the safe-haven precious metal to find demand.

 




Venezuela: Oil prices rise as Guiadó calls the army to oust Maduro

Opposition leader and self-proclaimed president Juan Guiadó announced the “final phase” of the plan to oust President Nicolás Maduro. Earlier, anti-go

 

Senior Chinese diplomat: China-US Trade talks have achieved ‘much positive progress’

According to Reuters, senior Chinese diplomat Wang Yi said that the China-U.S. trade talks had achieved ‘much positive progress,’ adding that he hoped

 

Canada: GDP likely to be flat in February – TDS

Analysts at TD Securities are looking for a flat print on Canada’s February GDP owing to weakness in the goods-producing sector, which was foreshadowe

 

Venezuela: Opposition’s López liberated by anti-government forces, Guaidó calls for action, oil could react

Anti-government, anti-Chavist forces have liberated Leopoldo López from his long-term house arrest. In addition, Juan Guaidó, that proclaimed himself

 

EUR/GBP tumbles to lows near 0.8630, risk-on mood prevails

The persistent selling bias around the greenback is lending extra support to both the Sterling and the shared currency and forcing EUR/GBP to drop to

 

Eurozone: Strong economic releases – TDS

TD Securities analyst note that the deluge of euro area data today (10 releases so far, 2 more to come) have in all but one case (Italian inflation) c

 

France: Q1 GDP disappoints – ING

Julien Manceaux, senior economist at ING, notes that the French GDP growth rebounded by only 0.3% in the first quarter of 2019 as the expected rebound

 

Italy Gross Domestic Product (YoY) above forecasts (-0.1%) in 1Q: Actual (0.1%)

Italy Gross Domestic Product (YoY) above forecasts (-0.1%) in 1Q: Actual (0.1%)

 

Italy Gross Domestic Product (QoQ) came in at 0.2%, above expectations (0.1%) in 1Q

Italy Gross Domestic Product (QoQ) came in at 0.2%, above expectations (0.1%) in 1Q

 

GBP/USD surges to 1-week tops, closer to 1.30 handle amid notable USD supply

• A fresh wave of USD selling helped catch some aggressive bids on Tuesday. • Technical buying above 200-hour SMA further accelerates the positive mo

 

WTI jumps above $ 64 on OPEC supply cuts extension hopes

WTI (futures on Comex) picked up fresh bids and rallied 1+% in the European trading, hitting fresh two-day tops at 64.22 after the bulls cheered the S

 

Italy 10-y Bond Auction declined to 2.59% from previous 2.61%

Italy 10-y Bond Auction declined to 2.59% from previous 2.61%

 




TRY: Under pressure? – Rabobank

Rabobank analysts point out that in the EM space, the Turkish lira remains in the spotlight as the worst performing currency in April due to a long li

 

Eurozone: Economy grows by 0.4% in 1Q 2019 – ING

Peter Vanden Houte, chief economist at ING, notes that the Eurozone’s Q1 flash estimate of GDP shows a decent 0.4% growth rate, above consensus (0.3%)

 

AUD/USD Technical Analysis: Disappointing Chinese PMI-led slide finds decent support near 100-hour SMA

• The pair stalled its disappointing Chinese manufacturing PMI-led intraday slide and managed to find decent support near 100-hour SMA amid some rene

 

N. Korea Vice ForeignMin Son-Hui: Denuclearization is possible only if US changes its position

The North Korean news agency, KCNA, reports the latest comments from the country’s Vice Foreign Minister Choe Son-Hui, with the key headlines found be

 

EUR/USD pops to session highs beyond 1.1200 on EMU data

The upbeat tone in the single currency remains well and sound on Tuesday and is now lifting EUR/USD to levels beyond 1.1200 the figure, or weekly high

 

NZ: Jobs growth likely to soften – TDS

TD Securities analysts are expecting that the New Zealand’s jobs growth is likely to soften, but due to a lack of suitable labour rather than a collap

 

China: PMIs consolidate following a big bounce in March – Deutsche Bank

Deutsche Bank analysts note that the China’s PMIs for April were disappointing where both the official (50.1 vs. 50.5) and Caixin (50.2 vs. 50.9 expec

 

Turkish central bank Governor Cetinkaya: New tightening cycle is possible

The Central Bank of the Republic of Turkey (CBRT) Governor Murat Cetinkaya was on the wires last hour, via Rueters, presenting the bank’s quarterly in

 

Germany: Strong labour market data show first tentative signs of weakening – ING

Carsten Brzeski, chief economist at ING, notes that the German unemployment dropped by 72,200 in April (not seasonally adjusted), bringing the total n

 

USD/CAD slides to session lows, below mid-1.3400s as focus shifts to Canadian GDP/US data

• The USD remained on the defensive and kept a lid on the early uptick. • Recovering oil prices underpin Loonie and add to the selling bias. • Trader

 

Eurozone prelim flash GDP rises to 0.4% q/q in Q1, beats estimates

The Eurozone economy quickened its pace of expansion to 0.4% on quarter in the three months to March of 2019, bettering 0.3% expected, the first estim

 

Italy Consumer Price Index (EU Norm) (YoY) meets forecasts (1.2%) in April

Italy Consumer Price Index (EU Norm) (YoY) meets forecasts (1.2%) in April

 




Italy Consumer Price Index (EU Norm) (MoM) below forecasts (0.8%) in April: Actual (0.6%)

Italy Consumer Price Index (EU Norm) (MoM) below forecasts (0.8%) in April: Actual (0.6%)

 

Italy Consumer Price Index (YoY) came in at 1.1%, below expectations (1.3%) in April

Italy Consumer Price Index (YoY) came in at 1.1%, below expectations (1.3%) in April

 

Italy Consumer Price Index (MoM) meets forecasts (0.2%) in April

Italy Consumer Price Index (MoM) meets forecasts (0.2%) in April

 

European Monetary Union Gross Domestic Product s.a. (QoQ) above expectations (0.3%) in 1Q: Actual (0.4%)

European Monetary Union Gross Domestic Product s.a. (QoQ) above expectations (0.3%) in 1Q: Actual (0.4%)

 

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, DB, COP, AAPL, GOOG) | Markets Insider

Here is what you need to know. 

Trump sues to stop banks from complying with congressional subpoenas. The Trump Organization and the Trump fam…

 

Google set to lose more than $70 billion off its market cap after ‘nasty combination’ of slowing ad traffic and drop in sales per click (GOOG) | Markets Insider

Alphabet’s stock slid by almost 8% in pre-market trading, slashing the market cap of Google’s parent company by about $70 billion to $831 billion.
Alphabe…

 

Trump’s top economic adviser keeps calling for a rate cut, but economists say that probably won’t happen anytime soon | Markets Insider

The White House has seized on softer than expected inflation in its calls for interest-rate cuts.
But with unemployment at multidecade lows and surprisin…

 

Apple will lift the curtain on its latest quarter on Tuesday. Here are all the concerns that could shake investors. | Markets Insider

Amazon analysts are eating up its ramped-up Prime shipping plans – even as the e-commerce giant’s growth slows

 

Shopify tops earnings, revenue expectations

Shares of Shopify Inc. were up 0.1% in premarket trading Monday after the company beat earnings and revenue expectations with its first-quarter results. The…

 

Lumber Liquidators loss widens as sales fall slightly short

Lumber Liquidators Holdings Inc. shares slid 1.4% in premarket trade Tuesday, after the wood flooring retailer posted a loss for the first quarter, while…

 

Blue Apron losses narrow, but revenue misses expectations

Blue Apron Holdings Inc. reported a first-quarter loss of $5.3 million, or 3 cents per share, after a loss of $31.7 million, or 17 cents per share. Sales was…

 

Charter Communications earnings miss expectations but revenue tops, stock edged up

Charter Communications Inc. reported Tuesday first-quarter earnings that missed expectations but revenue that rose just above. The stock edged up 0.3% in…

 




ConocoPhillips shares up 1.4% premarket after profit beat

ConocoPhillips shares rose 1.4% premarket Tuesday, after the oil company posted better-than-expected profit for the first quarter. Houston, Tx.-based Conoco…

 

Merck shares rise premarket as earnings top estimates

Merck & Co. Inc. shares rose 2.6% in premarket trade Tuesday, after the drug company posted stronger-than-expected earnings for the first quarter and…

 

GE’s stock soars after adjusted profit, revenue fall less than expected, FCF improves

Shares of General Electric Co. soared 6.4% in premarket trade Tuesday, after the industrial conglomerate reported a first quarter profit and revenue that…

 

Eli Lilly’s stock sinks after earnings beat but revenue comes up short, hurt by Trulicity and Alimta misses

Shares of Eli Lilly & Co. dropped 3.0% in premarket trade Tuesday, after the drug giant reported first-quarter earnings that topped expectations, but…

 

Dollar Breakout Under Fire; EURUSD, GBPUSD & Gold Price Charts

The DXY is testing big breakout support; how the Euro acts is first and primary, cable at spot on chart, gold trying to benefit from weakness but struggling….

 

Market Sentiment Still Positive | Webinar

-Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1 -Visit DailyFX: https://www.dailyfx.com Welcome to DailyFX where subscribers ge…

 

Eurozone Q1 GDP Beats Expectations, EURUSD Supported

-Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1 -Visit DailyFX: https://www.dailyfx.com Welcome to DailyFX where subscribers ge…

 

ملخص اسواق العملات ليوم الثلاثاء 30/04/2019 من موقع ديلي فوركس

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

 

Daily Market Roundup (April 30, 2019) – By DailyForex

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

 

High yield AIM stocks to watch

Subscribe ► https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 IGTV’s Jeremy Naylor is joined by Chris Boxall, portfolio manager at Fundamental Asset…

 

Cheer Up

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