Heads-up News 

New York Trading Session Heads Up Wednesday, June 12, 2019

New York opening news digest

Can CrowdStrike’s 109% Growth Make It A Successful IPO?

Can the company that discovered Russian hacking into DNC computers grow fast enough to keep its value growing at 127%?

 

Bitcoin (BTC) Price – Bullish Momentum Slows, Support Strengthens

The latest Bitcoin rally is on hold, but longer-term support continues to build in the largest crypto and suggests higher prices ahead.

 

USD/CHF Price: Bearish Move Stalls – Is it Over?

Find out more about USD price outlook through mid-year, download for freeQ2 major currencies forecasts

On Jun 5, USD/CHF declined to its lowest level

 

Canadian Dollar Risks Larger Pullback from Crude Oil Price Reversal

Canadian Dollar Risks Larger Pullback from Crude Oil Price Reversal

 

GBPUSD Price: Riding the US Dollar Slump, US CPI Ahead

GBPUSD is benefitting from further weakness in the US dollar and is pushing back to levels last seen three-weeks ago.

 

Gold Price and Silver Outlook Dented by Wall of Resistance

Gold is struggling under major long-term resistance, silver is along for the ride; it will take a surge of buying to spark a macro-breakout.

 

When is the US CPI report and how could it affect EUR/USD?

Wednesday’s US economic docket highlights the release of the latest consumer inflation figures, due for release later during the early North-American

 

US Commerce Sec. Ross: US and Chinese presidents may decide to reopen talks

U.S. Commerce Secretary Wilbur Ross is now out on the wires, saying that President Trump and his Chinese counterpart Xi may decide to reopen trade tal

 

US: Headline CPI likely to slow to 1.8% in May – TDS

Analysts at TD Securities are looking for the US headline CPI to slow two tenths to 1.8% in May on the back of a mild 0.1% seasonally-adjusted monthly

 

Turkey CBRT Interest Rate Decision meets expectations (24%) in June

Turkey CBRT Interest Rate Decision meets expectations (24%) in June

 

South Africa Retail Sales (YoY) above forecasts (1.2%) in April: Actual (2.4%)

South Africa Retail Sales (YoY) above forecasts (1.2%) in April: Actual (2.4%)

 




CBRT leaves policy rate (one-week repo auction rate) unchanged at 24% as expeted

In a widely expected decision, the Central Bank of the Republic of Turkey (CBRT) today announced that it kept the policy rate (one-week repo auction r

 

United States MBA Mortgage Applications climbed from previous 1.5% to 26.8% in June 7

United States MBA Mortgage Applications climbed from previous 1.5% to 26.8% in June 7

 

GBP/JPY retakes 138.00 mark and beyond, lacks follow-through

Buying interest around the British Pound picked up the pace in the last hour, lifting the GBP/JPY cross back above the 138.00 handle and back closer t

 

EU’s Moscovici: We need to see a credible fiscal path for 2019 and 2020 for Italy

Additional comments from European Commissioner for Economic and Financial Affairs Pierre Moscovici continue to cross the wires with key quotes, via Re

 

AUD/JPY: Multi-week risks are to 73-74 levels – Westpac

According to Sean Callow, analyst at Westpac, AUD/JPY cross reached what are likely to be this year’s highs just above 80 in late April, then commence

 

EU’s Moscovici: We expect euro zone finance minister to take stock on Italy tomorrow

European Commissioner for Economic and Financial Affairs Pierre Moscovici is now out on the wires, delivering the below-seen remarks on Italy’s budget

 

EUR/JPY upside faltered above the 123.00 handle

The now better mood surrounding the Japanese safe haven is forcing EUR/JPY to lose some traction and refocus on the downside around 122.70. EUR/JPY fo

 

Italy’s Tria: Clash with EU commission would damage both country and the EU

Italy’s Economy Minister Tria said that there were several signs that the economic crisis could trigger a financial crisis and added that Europe would

 

UK: Focus on politics – Rabobank

Rabobank analysts point out that in the UK, today will see Parliament vote on an opposition motion to block the possibility of a No-Deal Brexit on 31

 

UK PM Candidate Johnson: We must do better than current exit deal

Boris Johnson, one of the candidates to succeed British Prime Minister Theresa May, crossed the wires in the last minutes saying that the Brexit delay

 

US: Business optimism on the rise – NBF

According to Krishen Rangasamy, analyst at National Bank Financial, a likely slowdown of U.S. GDP growth in Q2 and May’s below-consensus non-farm payr

 

EU Commission: A compromise on a euro zone budget is within reach

Below are some key takeaways, via Reuters, from the recently published European Commission report on eurozone finances. A compromise on a euro zone bu

 




EU Commission on no-deal Brexit: No more measures on EU-level now needed

In its updated no-deal Brexit guidance, the European Commission said that no more measures on the EU-level is needed but added that stakeholders shoul

 

UK’s Hammond doesn’t think Boris Johnson would be able to take the UK out of the EU by Oct. 31st

Further comments are out by the UK Finance Minister Hammond, via Reuters, now saying that he doesn’t think Boris Johnson would be able to take the UK

 

Turkey: CBRT to keep its policy rate unchanged – Rabobank

According to analysts at Rabobank, it would be perfectly reasonable for the Turkish central bank to look for the earliest opportunity to start lowerin

 

UK’s Hammond: Confident we will get there quickly on global digital tax

The UK Finance Minister Hammond is on the wires now, via Reuters, with the key headlines found below. Confident we will get there quickly on global di

 

Eurozone: Increasing risks – Danske Bank

Danske Bank analyst’s points out that with the signs of improvement European sentiment indicators, confidence has taken a hit from the renewed escalat

 

Iran’s Officials: Iran to ask Japan PM Abe to mediate over US oil sanctions – Reuters

Reuters quotes the comments from the Iranian officials, citing that Iran will ask the Japanese Prime Minister (PM) to mediate between Tehran and Washi

 

US inflation outlook: Stable but slightly trending down

The US Consumer Price Index (CPI) data for the month of May is being released on Wednesday at 12.30 GMT and the market will scrutinize it to look for

 

China: 2019 CPI inflation forecast raised to 2.5% – Standard Chartered

Analysts at Standard Chartered point out that China’s headline CPI inflation rose to 2.7% y/y in May (versus 1.9% at end-2018), averaging 2.1% in Janu

 

Germany 10-y Bond Auction fell from previous -0.07% to -0.24%

Germany 10-y Bond Auction fell from previous -0.07% to -0.24%

 

WTI bounces off $ 51.50, but downside risks persist ahead of EIA data

WTI (futures on Nymex) extended losses in the European session and breached the 52 support area to print fresh four-day trough just below the 51.50 le

 

RBA’s Ellis: Full employment could go even lower than 4.5%.

Luci Ellis, the Assistant Governor (Economic) at the Reserve Bank of Australia (RBA) is making some comments on the Australian labor market, as market

 

USD/JPY technical analysis: Drops to fresh weekly lows, eyeing 108.00 mark ahead of US CPI

Given that technical indicators on hourly and daily charts have failed to gain any meaningful traction, the pair now seems poised to resume its well-e

 




EUR/GBP struggles for direction near 0.8900

The continuation of the recovery in the Sterling is dragging EUR/GBP back to the 0.8900 neighbourhood on Wednesday. EUR/GBP looks to risk trends, Brex

 

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, BYND, FIZZ, LOVE) | Markets Insider

Here is what you need to know. 

Hong Kong police clash with protestors. Police on Wednesday used tear gas to disperse Hong Kongers rallying against a…

 

A full-blown recession and double-digit stock losses: Morgan Stanley just unveiled its revised bear case for the trade war — and it’s not pretty

Morgan Stanley discusses the worst-case market implications resulting from an escalation of the US’ trade war with China.

 

Here’s how an investment firm overseeing $469 billion is using private markets to withstand stock meltdowns — and where it recommends you put your money

Hamilton Lane’s chief client officer explains how investors can cushion their portfolios for the worst periods of market volatility.

 

Trump now says he’s the one holding up any trade deal with China, creating a ‘nightmare scenario’ for markets | Markets Insider

President Donald Trump has admitted he’s responsible for delaying a trade deal with China.
‘It is me right now that is holding up the deal,’ he told repor…

 

Quorum to discontinue inpatient operations at MetroSouth hospital in Illinois

Quorum Health Corp. said Wednesday its MetroSouth Medical Center in Blue Island, Ill. will discontinue inpatient operations, citing mounting financial losses…

 

JetBlue May load factor increases as traffic growth outpaces capacity

JetBlue Airways Corp. reported a slight increase in May load factor, to 86.0% from 85.8%, as growth in demand outpaced an increase in seat supply. Traffic…

 

Neptune Wellness’ stock soars again after another 3-year extraction deal with a cannabis company

Shares of Neptune Wellness Solutions Inc. shot up 11% toward a record high in premarket trade Wednesday, after the Canada-based extraction and purification…

 

Dassault offers to buy Medidata in $5.8 billion deal

Dassault Systemes SE on Wednesday announced a definite agreement for U.S. technology group Medidata Solutions Inc. , in an agreement valued at $5.8 billion….

 

Technical Outlook for Crude Oil, Dow Jones, DAX & More

Pullbacks in order for major global indices, crude oil heading towards test of recent lows or worse… #dow #dax #crudeoil -Subscribe to DailyFX: https://www.y…

 

ملخص اسواق العملات ليوم الاربعاء 12/06/2019 من موقع ديلي فوركس

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

 

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

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

 




What is forex and how does it work?

Subscribe ► https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 As the world’s most-traded financial market, foreign exchange presents a wealth of opp…

 

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