Heads-up News 

New York Trading Session Heads Up Wednesday, August 14, 2019

New York opening news digest

Stocks Face A Dead Cat Bounce; Gold and Bitcoin Are Likely To Move Higher

U.S. equity markets bounced back up yesterday because of the optimism on U.S.-China trade war optimism. I am not convinced because this is the same old film, and this is the reason that I think both gold and Bitcoin are likely to move higher

 

US Recession Watch – US Yield Curve Inverts, But Panic When it Steepens

US Recession Watch – US Yield Curve Inverts, But Panic When it Steepens

 

Gold Price Action at Long-term Resistance Points to Pullback

Gold may still be set up to rally longer-term, but in the near-term it is displaying signs of exhaustion and may be due for a set-back.

 

USD/CHF, EUR/CHF Price: Rebounding From the Same Resistance

Highly important levels to watch on EUR/CHF and USD/CHF

 

Italian Election Monitor: Italy Crisis to Re-emerge Amid Risk of Snap Elections

Italian Election Monitor: Italy Crisis to Re-emerge Amid Risk of Snap Elections

 

GBP/USD Price Nudges Higher on UK Inflation Uptick, Brexit Latest

The British Pound (GBP) grabbed a small bid Wednesday as UK inflation edged higher. However, Brexit remains the main driver of the British Pound.

 

Crude Oil Price Boosted by Trade Tariff Delay, Technical Support

Brent crude is back above $60/bbl. and sitting near an important technical support level that needs to hold if the market is to push higher.

 

EUR/GBP now targets 0.9400 and above – Commerzbank

In light of the recent price action, EUR/GBP could extend the up move to the 0.9400 handle and beyond, suggested Karen Jones, Team Head FICC Technical

 

South Africa Retail Sales (YoY) registered at 2.4% above expectations (2.3%) in June

South Africa Retail Sales (YoY) registered at 2.4% above expectations (2.3%) in June

 

United States MBA Mortgage Applications increased to 21.7% in August 9 from previous 5.3%

United States MBA Mortgage Applications increased to 21.7% in August 9 from previous 5.3%

 

USD/JPY edges lower toward 106 after US yield curve inversion

The yield curves of the 10-year and 2-year Treasury bonds inverted for the first time since 2007 earlier today and caused markets to turn risk-averse.

 




Spain 10-y Obligaciones Auction up to 0.6% from previous 0.3%

Spain 10-y Obligaciones Auction up to 0.6% from previous 0.3%

 

EUR/USD flirting with daily highs, still below 1.1200

The shared currency is regaining some of its shine on Wednesday and is now pushing EUR/USD to the 1.1180 region, or session tops. EUR/USD bid after da

 

Breaking: US 2-year and 10-year T-bond yield curve inverts for first time since 2007

For the first time in more than a decade, the United States 2-year and 10-year Treasury bond yield curves inverted in the last minutes, which is seen

 

Eurozone: An economy flirting with stimulus – ING

In the view of analysts at ING, the marked slowdown in Eurozone GDP in the second quarter was broad-based and deepening industrial slump calls for mor

 

Downside pressure mitigated around USD/JPY – UOB

FX Strategists at UOB Group noted USD/JPY could see some rebound amidst shrinking downside pressure. Key Quotes 24-hour view: “In yesterday’s update,

 

AUD/USD headed to 0.6750 amid poor Chinese data, risk-aversion

The risk-off sentiment remains the main underlying theme in Wednesday’s European trading, denting the appetite for the higher-yielding assets such as

 

EUR/JPY faces key hurdle at 121.16/24 – Commerzbank

The continuation of the ongoing rebound could see EUR/JPY testing the key short term resistance area in the 121.16/24 band, noted Karen Jones, Team He

 

Eurozone flash Q2 GDP steadies at 0.2% q/q, meets estimates – EUR/USD unmoved

According to the second revision to the Eurozone GDP published by Eurostat, the statistical office of the European Union (EU), the Eurozone economy ex

 

European Monetary Union Gross Domestic Product s.a. (QoQ) in line with forecasts (0.2%) in 2Q

European Monetary Union Gross Domestic Product s.a. (QoQ) in line with forecasts (0.2%) in 2Q

 

European Monetary Union Gross Domestic Product s.a. (YoY) meets expectations (1.1%) in 2Q

European Monetary Union Gross Domestic Product s.a. (YoY) meets expectations (1.1%) in 2Q

 

European Monetary Union Employment Change (QoQ) registered at 0.2%, below expectations (0.3%) in 2Q

European Monetary Union Employment Change (QoQ) registered at 0.2%, below expectations (0.3%) in 2Q

 

European Monetary Union Employment Change (YoY) came in at 1.1%, below expectations (1.2%) in 2Q

European Monetary Union Employment Change (YoY) came in at 1.1%, below expectations (1.2%) in 2Q

 




European Monetary Union Industrial Production s.a. (MoM) below forecasts (-1.4%) in June: Actual (-1.6%)

European Monetary Union Industrial Production s.a. (MoM) below forecasts (-1.4%) in June: Actual (-1.6%)

 

European Monetary Union Industrial Production w.d.a. (YoY) came in at -2.6% below forecasts (-1.2%) in June

European Monetary Union Industrial Production w.d.a. (YoY) came in at -2.6% below forecasts (-1.2%) in June

 

Portugal Gross Domestic Product (YoY) remains unchanged at 1.8% in 2Q

Portugal Gross Domestic Product (YoY) remains unchanged at 1.8% in 2Q

 

Portugal Gross Domestic Product (QoQ) remains unchanged at 0.5% in 2Q

Portugal Gross Domestic Product (QoQ) remains unchanged at 0.5% in 2Q

 

United Kingdom Consumer Price Index (YoY) above expectations (1.9%) in July: Actual (2.1%)

United Kingdom Consumer Price Index (YoY) above expectations (1.9%) in July: Actual (2.1%)

 

United Kingdom PPI Core Output (MoM) n.s.a came in at 0.4%, above forecasts (0.1%) in July

United Kingdom PPI Core Output (MoM) n.s.a came in at 0.4%, above forecasts (0.1%) in July

 

United Kingdom Producer Price Index – Input (MoM) n.s.a registered at 0.9% above expectations (0.5%) in July

United Kingdom Producer Price Index – Input (MoM) n.s.a registered at 0.9% above expectations (0.5%) in July

 

United Kingdom Producer Price Index – Output (MoM) n.s.a came in at 0.3%, above forecasts (0.1%) in July

United Kingdom Producer Price Index – Output (MoM) n.s.a came in at 0.3%, above forecasts (0.1%) in July

 

GBP/USD jumps to 1.2075 as UK CPI rises 2.1% y/y in July vs. 1.9% expected

UK CPI rises 2.1% y/y in July vs. 1.9% expected. UK CPI arrives at 0.0% m/m in July vs. -0.1% expected.

 

United Kingdom Producer Price Index – Input (YoY) n.s.a registered at 1.3% above expectations (0.1%) in July

United Kingdom Producer Price Index – Input (YoY) n.s.a registered at 1.3% above expectations (0.1%) in July

 

United Kingdom Producer Price Index – Output (YoY) n.s.a came in at 1.8%, above expectations (1.7%) in July

United Kingdom Producer Price Index – Output (YoY) n.s.a came in at 1.8%, above expectations (1.7%) in July

 

United Kingdom Retail Price Index (YoY) meets forecasts (2.8%) in July

United Kingdom Retail Price Index (YoY) meets forecasts (2.8%) in July

 




United Kingdom Retail Price Index (MoM) meets forecasts (0%) in July

United Kingdom Retail Price Index (MoM) meets forecasts (0%) in July

 

United Kingdom Consumer Price Index (MoM) came in at 0%, above expectations (-0.1%) in July

United Kingdom Consumer Price Index (MoM) came in at 0%, above expectations (-0.1%) in July

 

Morning News: August 14, 2019 Crossing Wall Street

Yield Curves Invert in U.S., U.K. as `Doom and Gloom’ Spreads

China’s Economy Worsens in July, Industrial Growth at 17-year Low as Trade War Escalate

 

10 things you need to know before the opening bell | Markets Insider

Here is what you need to know.  1. Germany’s economy just shrank, meaning Europe’s biggest economy is ‘teetering on the edge of recession’. The econo…

 

Stocks are plunging as traders brace for a German recession and global turmoil as US-China trade war continues | Markets Insider

European equities and US futures dropped on Thursday, fueled by rising fears of a German recession and worrisome developments across Hong Kong, Ital…

 

Germany’s economy just shrank, meaning Europe’s biggest economy is ‘teetering on the edge of recession’ | Markets Insider

Germany’s economy shrank 0.1% in the second quarter, driven by a decline in exports due to the US-China trade war. The slowdown is bad news given Germany …

 

Wyndham Hotels boosts stock repurchase program by $300 million

Wyndham Hotels & Resorts Inc. said Wednesday it added $300 million to its stock repurchase program. Including the repurchase authorization remaining from…

 

Canada Goose shares fall 5% premarket after Q1 loss widens

Canada Goose Holdings Inc. shares soared more than 4% in premarket trade Wednesday before reversing course to trade lower, after the maker of luxury outdoor…

 

Luckin Coffee’s stock sinks after wider-than-expected loss, revenue miss

Shares of Luckin Coffee Inc. sank 5.5% in premarket trading Wednesday, after the China-based coffee retailer reported a wider-than-expected second-quarter…

 

2-year vs. 10-year measure of U.S. yield curve inverts

The yield on the 10-year Treasury note fell below the yield on the 2-year note early Wednesday, marking an inversion of the most widely followed measure of…

 

Presidio to be bought by BC Partners in $2.1 billion deal

Presidio Inc. said it’s going to be bought by BC Partners for $2.1 billion including assumed debt, or $16 per share in cash. The IT services firm said that’s…

 

Eurozone economy slows to 0.2% growth rate in second quarter

The eurozone economy slowed to a 0.2% growth rate in the second quarter, according to a flash estimate published by Eurostat, which also reported a 1.6%…

 




British CPI grows faster-than-forecast 2.1% in July

U.K. consumer prices in July rose to 2.1% year-over-year from 2% in June, and above the economist forecast of 1.9% growth. Core CPI also rose more quickly…

 

ملخص اسواق العملات ليوم الاربعاء 14/08/2019 من موقع ديلي فوركس

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

 

Daily Market Roundup (August 14, 2019) – By DailyForex

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

 

Cheer Up

Adage:

My sister fell in love at second sight. When she first met him she didn’t know how rich he was.

Cartoon:


Image courtesy: images-na.ssl-images-amazon.com

Have a nice trading!




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