Heads-up News 

New York Trading Session Heads Up Tuesday, February 12, 2019

New York opening news digest

A Warning From The Late John Bogle

In recent years, investors have been ditching active managers in favor of ETFs and other index funds, which typically offer a way to get market exposure at lower fees.

 

Brexit Latest: Sterling (GBP) Suffers on Continued Brexit Stand-Off

UK PM Theresa May has bought forward her trip to Parliament and is expected to ask for another two weeks to persuade the EU to

 

Technical Outlook for EUR/USD, Gold Price, Crude Oil & More

The Euro is threatening to break significant support, gold is holding support despite USD strength, while crude oil posts a reversal yesterday to keep a

 

Forex Spreads Trading Strategies & Tips

Use our expert forex spread trading strategies and tips to learn how to master the spread and keep your trading costs low.

 

Crude Oil Analysis: Oil Rises on Aggressive Saudi Action

Crude Oil Analysis: Oil Rises on Aggressive Saudi Action

 

Gold Price Struggles to Move Higher but Support Remains Intact

Gold has retested the $1,300/oz. level a couple of times in recent days as the US dollar continues to push higher. The precious metal is

 

EUR/USD Outlook: Possible Spain Election Reinforces Trend Lower

Talk of a possible snap parliamentary election in Spain this year will likely keep EUR/USD on the downward path paved principally by a stronger US

 

S&P 500, Dow, and Nasdaq 100 Technical Outlook Weakens

The market softened up a bit last week with two of the major indices doing so from the widely-watched 200-day MA; watch for sellers to

 

Markets Cheer US Budget Deal Hopes But Headwinds Loom Ahead

The anti-risk Yen fell while the Aussie Dollar rose with stocks on hopes for a US budget deal avoiding another government shutdown. Potent headwinds loom

 

GBP/JPY Technical Analysis: Stuck in a range near the top end of a descending trend-channel

•  The cross extended its sideways consolidative trading action and remained confined within a broader trading range near the top end of a short-te

 

WTI climbs to 3-day peaks beyond $53.00, API eyed

Prices of the barrel of the West Texas Intermediate are trading on a positive note so far on Tuesday, retaking the key $53.00 mark and printing at the

 




SEK: Guided by Riksbank policies – Rabobank

Jane Foley, senior FX strategist at Rabobank, points out that tomorrow’s Riksbank policy meeting should provide some clues regarding maintenance of it

 

India Industrial Output came in at 2.4%, above expectations (2%) in December

India Industrial Output came in at 2.4%, above expectations (2%) in December

 

India Manufacturing Output increased to 2.7% in December from previous -0.4%

India Manufacturing Output increased to 2.7% in December from previous -0.4%

 

India Cumulative Industrial Output dipped from previous 5% to 4.6% in December

India Cumulative Industrial Output dipped from previous 5% to 4.6% in December

 

UK PM May: Will not be able to bring meaningful vote this week

The UK PM Theresa May, addressing the Parliament this Tuesday, said that discussions with the EU will need a little more time to conclude and hence wi

 

EUR/USD finds some support ahead of mid-1.1200s amid a modest USD pullback

•  The shared currency remains depressed amid slowdown fears in the region’s core economies.

   •  A modest USD profit-taking lends some support a

 

US: Focus on JOLTS survey and Fed speak today – TDS

Analysts at TD Securities point out that in today’s US session, focus will be on the release of JOLTS survey, in addition to the various Fed speakers.

 

USD/RUB drops to session lows near 65.50

The better sentiment around the Russian Ruble is now propping up the down move in USD/RUB to fresh daily lows in the 65.50 region.

USD/RUB weaker on

 

USD/JPY Technical Analysis: Eases from multi-week tops, dip-buying to limit any meaningful pull-back

•  The pair held on to a mildly positive tone for the second consecutive session on Tuesday, albeit trimmed a part of its early gains to over six-w

 

Portugal Consumer Price Index (MoM) meets forecasts (-1.2%) in January

Portugal Consumer Price Index (MoM) meets forecasts (-1.2%) in January

 

Portugal Consumer Price Index (YoY) above expectations (0.4%) in January: Actual (0.5%)

Portugal Consumer Price Index (YoY) above expectations (0.4%) in January: Actual (0.5%)

 

South Africa Manufacturing Production Index (YoY) came in at 0.1%, below expectations (1.7%) in December

South Africa Manufacturing Production Index (YoY) came in at 0.1%, below expectations (1.7%) in December

 




United States NFIB Business Optimism Index came in at 101.2, below expectations (103.2) in January

United States NFIB Business Optimism Index came in at 101.2, below expectations (103.2) in January

 

Markets: Week of political event risk – ABN AMRO

According to Bill Diviney, senior economist at ABN AMRO, this week political event risk in the US will be more at the centre stage as compared to the

 

USD: Downside seems limited in 2019 – Westpac

Analysts at Westpac note that the US dollar (DXY) is only marginally below its 2018 high of 97.4 at 97.1 (–0.3%) and heading into 2019 underlying mome

 

Spain 12-Month Letras Auction rose from previous -0.333% to -0.307%

Spain 12-Month Letras Auction rose from previous -0.333% to -0.307%

 

Spain 6-Month Letras Auction climbed from previous -0.428% to -0.372%

Spain 6-Month Letras Auction climbed from previous -0.428% to -0.372%

 

Markets: Trade negotiations to likely dominate headline risks – TDS

According to analysts at TD Securities, this week, while trade negotiations will likely dominate headline risks with Mnuchin and Lighthizer headed to

 

Saudi OilMin Al-Falih: Saudi Arabia will cut oil output to near 9.8mln bpd in March

In an interview with the Financial Times (FT), the Saudi Arabian Energy Minister Khalid Al-Falih noted the OPEC’s no. 1 oil exporter will reduce oil p

 

EUR/GBP looks for direction around 0.8770

The sentiment around the Sterling remains negative so far this week, prompting EUR/GBP to trade within a tight range below the 0.8800 handle.

EUR/GBP

 

Delicate negotiations on behind scenes between Remain ministers and PM May – The Telegraph

On the latest Brexit update, the Telegraph Co-editor Steven Swinford‏ tweeted that delicate negotiations are going on behind the scenes between Remain

 

ECB’s Weidmann: Economic weakness ‘a bit more protracted’ than initially thought

Further comments are reported by Reuters from the ECB Vice-President Weidmann, as he continues to speak in Pretoria.

Economic weakness ‘a bit more pr

 

ECB: TLTRO on the cards but may come later – ABN AMRO

Nick Kounis, head of financial markets research at ABN AMRO, suggests that an extension of the current TLTRO programme has been part of their base cas

 

GBP/USD off 3-week lows, regains 1.2850 amid USD strength

The GBP/USD pair reversed course and rapidly eroded nearly 50-pips to hit fresh three-week lows at 1.2833 before recovering some ground to regain the

 




South Africa Unemployment Total fell from previous 6.2M to 6.1M in 4Q

South Africa Unemployment Total fell from previous 6.2M to 6.1M in 4Q

 

South Africa Unemployment Rate (%) declined to 27.1% in 4Q from previous 27.5%

South Africa Unemployment Rate (%) declined to 27.1% in 4Q from previous 27.5%

 

ECB’s Nowotny: ECB to look at at decision about rates in the summer

The European Central Bank (ECB) Governing Council member Ewald Nowotny is on the wires now, via Reuters, noting that the central bank will look at the

 

EUR/USD: Depressed by dismal Eurozone’s economic data – Westpac

Analysts at Westpac suggest that the EUR/USD is at the lower end of the USD1.12–1.16 range experienced since October 2018 due to the disappointing act

 

Morning News: February 12, 2019 Crossing Wall Street

Oil Up Nearly 2% on Saudi and OPEC Cuts

Traders With $515 Billion Boycott Stocks for Cash Despite Rally

Wall Street’s Biggest Traders Are Building T

 

Here are the 21 most brilliant quotes from Warren Buffett, the world’s most famous and successful investor

Warren Buffett is one of the best and wisest investors in world history. Here’s a summary of his 21 most notable quotes.

 

UK fintech unicorn Revolut forced to deny links to Russia

Revolut has strongly denied claims that its activities in securing a Lithuanian banking license are attempts to interfere in the country’s politics.

 

Global markets bounce as US approaches deal to stop a fresh government shutdown

The fresh shutdown, which was set to begin Saturday, has been kicked down the road thanks to a $1.4 billion funding deal and markets are loving it.

 

The riskiest part of the corporate debt market is inching toward a historic danger signal

But there are some signs that the market is trying to avoid a disaster waiting to happen.

 

Billionaire investor Ray Dalio sat down with his idol, Paul Volcker, who laid out the 3 principles that guide his legendary worldview

In an exclusive interview obtained by Business Insider, former Fed chair Paul Volcker tells Ray Dalio about three main principles he abides by.

 

Coty shares soar 19% after JAB Holding announces upcoming tender offer

Coty Inc. COTY, +3.54% shares soared 19.4% in Tuesday premarket trading after JAB Holding Co., a company that has invested in brands like Peet’s Coffe

 

Molson Coors stock drops after sales miss, financial restatements for ‘ineffective internal control’

Shares of Molson Coors Brewing Co. TAP, +0.65% sank 6.4% in premarket trade Tuesday, after the beer brewer reported a fourth-quarter profit that beat

 




Under Armour shares climb premarket after earnings beat

Under Armour Inc. shares UA, +0.58% soared 5% in premarket trade Tuesday before paring some of those gains, after the company beat earnings estimates

 

U.S. Foods stock set to slip after profit miss, but sales topped expectations

Shares of U.S. Foods Holding Corp. USFD, +1.79% are indicated down less than 1% in premarket trade Tuesday, after the foodservice distributor reported

 

Wolverwine World Wide boosts dividend 25%, sets new $400 million buyback plan

Wolverine World Wide Inc. WWW, +4.16% said Tuesday it is raising its quarterly dividend by 25% and has approved a new $400 million stock repurchase pr

 

Small-business sentiment in January slumps to worst reading since Trump election

The January small-business optimism index of the National Federation of Independent Business fell 3.2 points to a seasonally adjusted reading of 101.2

 

Positive US Dollar Sentiment Dominates Markets | Webinar

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London FX & CFD Trading Chart Set ups Feb 12

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

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

 

Daily Market Roundup (February 12, 2019) – By DailyForex

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

 

Cheer Up

Adage:

“The early bird might get the worm, but the second mouse gets the cheese.”

Cartoon:


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Have a nice trading!




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