Heads-up News 

Sydney Trading Session Heads Up Wednesday, August 14, 2019

Sydney opening news digest

Why Did Activision Blizzard Stock Fall 35% Since June 2018?

Activision Blizzard’s (NASDAQ:ATVI) stock has fallen around 35% since the end of Q2 2018. This can be attributed to expected lower revenues, margins, and price to earnings multiple, along with a growth in shares outstanding for the full year 2019. The company announced it won’t launch the next …

 

How Important Is U.S. Flat-Rolled Products’ Division For U.S. Steel’s Growth?

U.S. Flat-Rolled division has maintained its position as the largest segment for U.S. Steel Corp (NYSE: X) over recent years. U.S. Steel Revenues (shows US Steel’s key revenue components) have increased from $10.3 billion in 2016 to $14.2 billion in 2018, growing at a CAGR of 17.5%. During the …

 

2 REITs That Will Soar If (When) The Stock Market Crashes

Your first instinct is likely to reach for the closest “life preserver.”

 

For Mexico, Drugs And Crime Erasing Free Trade Gains

Remember when Nafta was supposed to lift Mexican’s up out of poverty?

 

Rising Global Recession Odds Signal More Credit And Market Risks For Financial Institutions

Bond markets in the U.S., U.K. and Europe are signalling rising odds of a global recession. However, we are in unchartered territory. Financial institution risk managers urgently need to evaluate their risk models in order to mitigate credit, market, liquidity, and operational risks.

 

To Help The Stock Markets Trump Retreated On Chinese Tariffs

The daily moves of the stock markets during August highlights how much influence the China trade war has on them. President Trump will continue to lash out against China, the Fed and any other organization he believes is hurting the markets and therefore his reelection chances.

 

Today Another Key Curve Metric Inverted, Raising Recession Risk

The 10-year Treasury’s yield dipped below the yield on the 2-year. Historically that’s been a negative signal for markets.

 

The Freemium Model Is Coming To Music

The days of bands making a living off touring and streaming revenue are mostly over. A new model is coming: The freemium model.

 

This Joint Is Jumping: PE Firms Knee-Deep In Orthopedic Space

Make no bones about it, the orthopedic space is seen by private equity firms as ripe for consolidation, industry sources say.

 

The Yield Curve Has Inverted And You Should Sell Your Stocks

The yield spread is a simple calculation that involves subtracting short-term interest rates from long-term interest rates.

 

Does Bramson’s Restructuring Plan For Barclays Make Sense?

Trefis analyzes what Barclays could look like in 3 years if it adopts Bramson’s strategy in an interactive dashboard. Moreover, we deep-dive into the rationales behind Bramson’s proposal, and the potential impact on Barclays if it is successfully able to implement the proposed changes.

 




The Spooky R Word Is Back….

No one knows if a recession will happen tomorrow or next year for that matter. What we do know is that the last recession was ten years ago and this is the longest expansion in history. Eventually, another recession will happen, it is just a matter of when, not if.

 

Uncertain Macroeconomic Environment Is A Boon For CME

In its recent Q2 earnings release, CME Group reported strong revenue growth of 20% (y-o-y), supported by heightened trading activity. Macroeconomic uncertainty played a key role in boosting CME’s revenues. Trefis captures trends in CME’s earnings over recent quarter in an interactive dashboard.

 

Breaking Down The Reasons For Microsoft’s 3x Price Jump Since Late 2015

Microsoft’s stock has gone up by 231% over the last five years, driven by growth in the company’s Intelligent Cloud business and rapidly expanding net margin. Trefis captures why Microsoft’s stock has jumped 3x in 4 years in an interactive dashboard, parts of which are summarized here.

 

Downstream Efficiencies, Upstream Prudency Reshaping $16B OMV, Says Oil Company’s CEO

In an exclusive interview, Rainer Seele says integrated Austrian company wants to become the most cost efficient refiner in Europe while participating in strategic upstream plays.

 

Alibaba’s Q1 Earnings Could Shed Light On Tariff Impact

Chinese online retailer Alibaba (BABA) is scheduled to report earnings as U.S.-China trade tensions show few signs of abating, despite a recent softening of some of the upcoming tariffs.

 

How The Pieces Add Up: The iShares Core Dividend Growth ETF Headed For $42

For the iShares Core Dividend Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $41.76 per unit.

 

Surprising Analyst 12-Month Target For The SPDR Portfolio Large Cap ETF

For the SPDR Portfolio Large Cap ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $38.34 per unit.

 

Breaking Down The Basics Of HSAs

Health Savings Accounts (HSAs) can provide some of the best tax benefits available. However, far too many people use HSAs as a short term savings vehicle, missing out on the long-term benefits of investing in an HSA.

 

Yield Curve Inversion, Disappointing Data Pummels Market Sentiment

This morning, investors appear to be in a risk-off mood because of a yield curve inversion and lackluster economic data from China and Germany

 

Bitcoin Is The New Gold. Or Is It The Other Way Around?

I am not the first one to draw comparisons between Bitcoin and another type of security that is getting a lot of attention recently. Gold, after years in the investment doghouse, has come back on the scene. It never went away, of course. However, it might as well have.

 

WeWork Files IPO Plan, Showing First-Half Losses Grew 25%

WeWork released its Form S-1, setting up the shared-office startup for one of the biggest IPOs of the year.

 

Here Are 3 Reasons You Should Steer Clear Of ViacomCBS

One of the most boring deals of the year happened on August 13 — CBS and Viacom were reunited after a three year battle by National Amusement’s Shari

 




Japan’s Richest Man Sees Uniqlo Revenue Hit By South Korea’s Boycott

Officials at Fast Retailing concede that the dispute between Korea and Japan has affected sales but are optimistic that Korean sales this year will approach last year’s level of $1.8 billion.

 

Nine Key Reasons Online Banking Benefits Small Business

Small business owners stand to gain a lot from using their bank’s online services to generate value and save time. Here are some of the biggest benefits of online banking for small business.

 

Hong Kong Remains Key Variable In China Trade War

Make no mistake about it, Hong Kong remains a key variable in the trade war.

 

USD/MXN: Peso Eyes Mexico Central Bank Interest Rate Decision

The Mexican Peso is at risk with the country’s central bank slated to release its latest monetary policy update which could reveal an interest rate cut. Where might USDMXN head next?

 

Crude Oil Price Triangle Persists – Downside Break May Help USD/CAD

With the US economy in the spotlight thanks to speculation that bond markets are signaling a recession in 2020, crude oil prices are losing ground once more.

 

Nasdaq 100 Forecast: Index Looks to NVDA Earnings, Key Support

The Nasdaq 100 threatened Fibonacci support beneath 7,500 on Wednesday but remains above the ascending trendline from December. Here are the price levels to watch in the week ahead.

 

Near-term Trade Setups in EUR/USD & AUD/USD

An update on near-term trade setups we’ve been tracking in Euro (EUR/USD) and Aussie (AUD/USD). These are the targets and invalidation levels that matter this week.

 

Gold Price Outlook: Gold Bulls Push, Show No Signs Yet of Abating

Gold prices have pushed back above the 1500 level as buyers remain aggressive on the bid.

 

Crude Oil Prices Sink as Yield Curve Spurs Recession Fears

Crude oil prices collapse a whopping 4% as recession fears get reignited by dismal economic data and the latest US Treasury yield curve inversion despite yesterday’s de-escalation in the US-China trade war.

 

US Dollar Price Outlook: DXY Threatens Larger Recovery– Trade Targets

A rebound in the US Dollar has price testing a near-term resistance pivot and we’re looking for a reaction here. These are the levels that matter on the DXY charts.

 

Jim Rogers on US Economic Crisis, Gold & Bitcoin | Podcast

Learn from investment expert Jim Rogers about the state of USD, whether there is an economic crisis, gold and bitcoin predictions.

 

US Recession Watch, August 2019 – Dark Clouds Gather Over US Economy

There is a 32% chance of a recession hitting the United States within the next 12-months – but that’s before factoring in the US-China trade war flaring again.

 




Why Does the US Yield Curve Inversion Matter?

More volatlity in global financial markets has traders looking for a culprit. The bond market may be guilty.

 

The Bank of Japan: A Forex Trader’s Guide

The Bank of Japan (BOJ) plays a major role in the trading of currencies. Learn more about Japan’s central bank, and how to trade BOJ interest rate decisions.

 

Turkish Lira Price: Will USD/TRY Rally for a Test of the Monthly High?

Highly tech levels USD/TRY traders may need to consider.

 

Crude Oil Price Outlook Weakens, AUDUSD Drops, US Yield Curve Sends Warning Signal – US Market Open

Crude Oil Price Outlook Weakens, AUDUSD Drops, US Yield Curve Sends Warning Signal – US Market Open

 

GBP/USD & GBP/JPY Stem the Bleeding on Latest Brexit News

Attempts by new UK Prime Minister Boris Johnson to reframe the Brexit negotiations appear to be falling on deaf ears in Brussels.

 

Canadian Dollar Price Outlook: How Far Will the USD/CAD Recovery Go?

USD/CAD put in an aggressive bearish trend in June and early-July, but has seen 50% of that prior move wiped out in a retracement.

 

Gold prices reinvigorated by yield curve inversion, futures closed at highest levels since 2013

Spot gold has been travelling to the upside in but has met a wall at the highs of $1,524.10 from a low of $1,494.20. Futures, on the other hand, marke

 

S&P500 Index technical analysis: The yield curve inversion sends US equities into panic

 

EUR/GBP to rise to parity on no-deal Brexit – Rabobank

Analysts from Rabobank, have a three month target for the EUR/GBP pair at 0.90, but they warn that in the case of a no-deal Brexit it could rise to 1.

 

US 10-year yield target lowered to record low – TDS

Analysts from TD Securities, extended their long 10-year US bond yield target from 1.60% to an all-time low of 1.35%. Key Quotes: “Yields have resumed

 

Trump attempts to ‘Twitter-up’ the stock market to no avail, balmes Fed for inverted yield curve

President Trump is making comments over Twitter with respect to the inverted yield curve and is blaming the Federal Reserve: “We are winning, big time

 

Banxico: No rate cut tomorrow, could signal a move at its next meeting – Rabobank

According to analysts from Rabobank, the Bank of Mexico will keep rates unchanged tomorrow at 8.25% and they expect the statement to leave the door wi

 




US Dollar Index technical analysis: DXY clings to daily highs near the 98.00 handle

 

China: Risk of growth deceleration in 2H 2019 remains high – BBVA

Key economic reports from China were released today. According to the Research Department at BBVA, the growth slowdown in July is broad-based as all i

 

EUR/JPY bears rejoicing in the perfect storm, trend-trade targets set on 114.86 2017 low

At the start of the month, EUR saw the largest selling by leveraged funds in response to the dovish ECB meeting and most of the Dollar selling was aga

 

USD/MXN jumps back above 19.70, up almost 2% having biggest gain since May

The USD/MXN accelerated to the upside during the American session, and it just broke above 19.70, reaching the highest level in two days and making a

 

USD/JPY steadies below 106 as US T-bond yield slump stalls

The USD/JPY pair retraced a large portion of Tuesday’s impressive rally today and now looks to close the day below the 106 mark. As of writing, the pa

 

China’s gold imports down 300-500 tonnes since, worth $15-25 billion – Reuters

Citing industry sources with direct knowledge of the matter, Reuters reported that China had severely restricted gold imports since May with an aim to

 

Trump’s tariff delays are not what was agreed Osaka summit – @HuXijin_GT

There are concerns being floated again with respect to the recent concession which Trump announced in delaying tariffs on Chinese imports until Decemb

 

GBP/USD is holding up despite the risk-off markets and Brexit tail risks

GBP/USD is holding up despite the risk-off markets with earnings and inflation moving higher making the short-term case for the pound compelling. July

 

EUR/USD technical analysis: Euro hovering near weekly lows, sub-1.1160 level

 

USD/CHF technical analysis: Greenback stable against CHF, trading above 0.9700 handle

 

AUD/USD extends fall to 0.6740 as markets remain risk-averse

The AUD/USD closed the day with a 40-pip gain on Tuesday boosted by the renewed US-China trade optimism but reversed its direction on Wednesday as the

 

EUR/USD drops to one-week lows, holds below critical 1.1150/60 area

The EUR/USD pair dropped below 1.1160 and bottomed at 1.1136, the lowest level since August 5. The combination of a stronger US Dollar across the boar

 




USD/CAD climbs to fresh weekly tops above 1.33 as crude oil sell-off intensifies

The USD/CAD pair posted decisive gains in the second half of the day as falling crude oil prices made it difficult for the Loonie to stay resilient ag

 

US Pres. Trump: Fed acted far too quickly and now is very very late

US President Donald Trump tweeted out a quote from Mark Grant that read: “The Fed has got to do something! The Fed is the Central Bank of the United S

 

USD/JPY technical analysis: Greenback erases most of Tuesday’gains against Yen, trades above 105.70 level

 

US: We forecast the economic expansion at least for another year but uncertainty clouds the outlook – Wells Fargo

Today the yield on the 10-year Treasury note has traded below the yield on the 2-year note, a signal that usually anticipates a recession. Analysts at

 

Fed’ Bullard: Negative interest rate policy could be looked at

While discussing the Federal Reserve’s monetary policy framework review during a podcast, St. Louis Fed President James Bullard said that negative int

 

WTI slumps to $55 area on demand concerns, rising US crude oil stocks

Crude oil prices gained traction after Trump administration announced its decision to delay tariffs on some Chinese imports on Tuesday and the barrel

 

Colombia Trade Balance rose from previous $-817.1M to $-760.9M in June

Colombia Trade Balance rose from previous $-817.1M to $-760.9M in June

 

Colombia Retail Sales (YoY) fell from previous 8.2% to 7.2% in June

Colombia Retail Sales (YoY) fell from previous 8.2% to 7.2% in June

 

US Dollar Index technical analysis: DXY advances to 6-day highs, challenging the 98.00 figure

 

EIA: US crude oil inventories increased by 1.6 million barrels, WTI edges lower to $55

The weekly report published by the US Energy Information Administration showed that commercial crude oil inventories in the US increased by 1.6 millio

 

United States EIA Crude Oil Stocks Change registered at 1.58M above expectations (-2.761M) in August 9

United States EIA Crude Oil Stocks Change registered at 1.58M above expectations (-2.761M) in August 9

 

EUR/USD technical analysis: Euro drop to fresh weekly lows, breaking below the crucial 1.1160 support

 




The 2/10 Spread Inverts Crossing Wall Street

For the first time in more than a decade, the yield on two-year Treasuries is greater than the yield on ten-year Treasuries. As someone who has writte

 

Stocks plummet as yield-curve inversion triggers recession fears | Markets Insider

Stocks plunged on Wednesday morning after the yield on 30-year Treasurys dropped to a new low and the spread between two- and 10-year Treasurys inverted f…

 

Goldman Sachs analyzed 60 earnings calls and arrived at these 4 critical themes that are shaping the corporate landscape | Markets Insider

A new Goldman Sachs report detailed four key themes observed across second-quarter earnings calls.The report includes statements from 60 members of the …

 

Macy’s plummets to its lowest level in 9 years after slashing its profit forecast (M) | Markets Insider

Macy’s tumbled to its lowest intraday levels since 2010 after missing second-quarter estimates and lowering its 2019 profit expectations. The retail giant…

 

Uber’s top lawyer reveals how the CEO convinced him to join the company he’d previously said he would avoid

“Man, I’m glad I’m not the GC of that company,” Tony West said of Uber in 2017. Now he’s the ride-hailing giant’s top lawyer.

 

The US-China trade war falls into ‘purgatory’ after Trump delays a portion of tariffs | Markets Insider

Commerce Secretary Wilbur Ross said the decision to at least temporarily shield certain Chinese imports from tariffs was not a trade concession to Beijin…

 

The latest yield-curve inversion pressures the Fed to give Trump the rate cuts he wants | Markets Insider

The spread between two- and 10-year Treasurys fell below zero on Wednesday for the first time since 2007, signaling a recession could be coming.  Acc…

 

11 mind-blowing facts about WeWork’s global business as it prepares for a massive IPO

Since launching in 2010, WeWork has expanded to more than 110 cities around the world and offers more than 604,000 workstations.

 

The US just got its biggest recession warning yet. This chart shows the history of economic meltdowns around the world.

The US yield curve has inverted, which is generally marked as a recession warning. We looked at recessions going back to 1960 across the world.

 

The US government is warning citizens against traveling to Hong Kong amid protests and ‘violent clashes’

“Most have been peaceful,” the US State Department said, “but some have turned confrontational or resulted in violent clashes.”

 

Former Fed Chair Alan Greenspan says he wouldn’t be surprised to see negative US Treasury yields | Markets Insider

Former Federal Reserve Chair Alan Greenspan told Bloomberg Tuesday he wouldn’t be surprised to see US Treasury bonds hit negative yields, adding that such…

 

‘Buying the dip’ has become a trusted stock-market strategy. UBS explains why it thinks it’s now a ‘losing proposition.’

Buying the dips has been extremely effective during the record US bull market, but UBS strategist Francois Trahan says it’s the wrong time to try it.

 




Bank of America says US stocks are ‘on borrowed time’ following the latest yield-curve inversion | Markets Insider

The spread between two- and 10-year Treasury yields fell below zero, something that’s preceded each of the last seven recessions. Its also a sign that US …

 

These 10 charts from Ray Dalio prove the value of finding the perfect portfolio mix

The Bridgewater Associates founder and co-CIO makes a compelling visual case for building a portfolio diversified along several different lines.

 

Here’s why the German economy is tanking and most likely headed for recession | Markets Insider

Germany’s economy contracted by 0.1% in the second quarter, and industrial output fell month-on-month by 1.5% in July.  If Europe’s biggest economy …

 

WeWork cofounders Adam and Rebekah Neumann have to donate $1 billion to charity in 10 years or lose some control of the company | Markets Insider

The We Company’s CEO Adam Neumann must donate at least $1 billion to charity in the next decade or his control over the shared-workspace group will be alm…

 

China gets nailed with a vicious trifecta of negative data as industrial output growth falls to a 17-year low | Markets Insider

China’s industrial output growth slowed to its lowest level since 2002 in July as tariffs and trade tensions continue to weigh on the nation’s economy. In…

 

The US just got its biggest recession warning yet | Markets Insider

The spread between two- and 10-year Treasury yields fell below zero, an occurrence that’s preceded each of the last seven recessions. The yield on the 30-…

 

WeWork’s founder and CEO didn’t take a salary last year as the company prepared for its massive IPO

The billionaire owns a hefty majority of the company’s stock as it prepares for a massive IPO that could value it at $47 billion.

 

2 of America’s best wealth managers for the ultrarich say they’ve found the perfect way to blend US and international investment. Here’s how they’re constructing client portfolios.

As investors size up rising US equities and struggling overseas stocks, two top wealth managers explain how they’re getting the best mix of the two.

 

8chan owner subpoenaed by House Homeland Security Committee lawmakers

The chairman and top Republican on the House Homeland Security Committee said Wednesday they have subpoenaed the owner of website 8chan for testimony on…

 

Cisco Systems stock slips 7% on light Q1 outlook

Cisco Systems Inc. shares dipped more than 7% in the extended session Wednesday after the computer-networking company reported fourth-quarter results that…

 

NetApp stock rises on better-than-feared results

NetApp Inc. shares rose in the extended session Wednesday after the data-storage company reported a better-than-feared outlook and earnings. NetApp shares…

 

Dow sinks 800 points Wednesday as flashing recession signal rattles stock market

The Dow Jones Industrial Average closed at session lows on Wednesday as investor anxieties about a recession in the U.S. and elsewhere hurt buying. The Dow…

 




Dow ends around 800 points lower after bond market flashes recession signal

Stocks tumbled Wednesday after the main measure of the U.S. yield curve briefly inverted, heightening worries about a potential recession. The Dow Jones…

 

Wall Street bets of a 50-basis-point Fed cut jump as yield curve inverts, stocks sink

Wall Street is pricing in a more than 21% chance of a half-point reduction in key interest rates on Wednesday afternoon as the main yield curve between…

 

SEC charges Canaccord Genuity LLC with deficient due diligence on dozens of OTC stocks

The Securities and Exchange Commission charged Canaccord Genuity LLC, a broker-dealer headquartered in New York City, on Wednesday with quoting and making a…

 

Only 8 stocks in the S&P 500 are gaining ground, led by gold producer Newmont Goldcorp

The S&P 500’s 2.7% plunge isn’t quite unanimous, as 8 of the index’s 505 components are actually gaining ground. The biggest gainer is gold producer…

 

Emerging-market shares give up 2019 gain in global equity rout

Emerging markets weren’t spared in the global stock-market rout Wednesday, with the iShares MSCI Emerging Markets ETF falling 2.8%. The decline erased the…

 

All 11 sectors of S&P 500 and all 30 Dow components sink as stock-market losses gather steam

Stock market losses gained steam late-afternoon Wednesday, with the S&P 500 and the Dow heading to one of the their worst losses of 2019 in a…

 

Ford to recall over 108,000 vehicles, including Fusions and Lincoln MKZs

Ford Motor Co. said Wednesday that it issued a recall of over 108,000 vehicles, citing an issue with seat belt anchor pretensioners. The recall involves…

 

U.S. oil futures end lower after 4-session climb

Oil futures fell on Wednesday, with a second straight weekly climb in domestic crude inventories and growing concerns about a slowdown in the global economy…

 

Dow fails to hold above 200-day moving average — a key line in the sand for the blue-chip gauge

The Dow Jones Industrial Average was fighting to maintain trade above its closely watched long-term trend line as stocks declined sharply in Wednesday…

 

Teva’s stock tumbles toward 20-year low; Moody’s turns negative on drugmaker’s ‘junk’-rated debt

Shares of Teva Pharmaceutical Industries Ltd. tumbled 9.7% toward a 20-year low, after Moody’s Investors Service revised its outlook on the drug maker’s…

 

Chesapeake Energy’s stock falls to fresh 20-year low

Shares of Chesapeake Energy Corp. sank to a fresh 20-year low, pulled down by selloffs in crude oil prices and the broader stock market. The oil and gas…

 

Gold futures mark highest settlement since April 2013

Gold futures climbed Wednesday to mark their highest finish since April 2013, as an increased risk of an economic recession buoyed haven demand for the…

 

Trump slams Fed and defends tariffs as markets sink

President Donald Trump on Wednesday bashed the Federal Reserve over interest-rate policy and defended tariffs, as U.S. stocks fell across the board. In a…

 

Grocery Outlet shares jump nearly 10%, ‘treasure hunt’ experience has analyst appeal

Grocery Outlet Holding Corp. jumped nearly 10% on a trading day when most other stocks were in the red after it reported profits and sales that beat…

 

Retailer stocks take a broad beating, led by tumbles in Macy’s and Nordstrom shares

Shares of retailers are trading broadly, and in many cases sharply lower, as disappointing results from Macy’s Inc. and growing concerns of an impending…

 

EIA reports a second straight weekly increase in in U.S. crude supplies

The Energy Information Administration on Wednesday reported that U.S. crude supplies rose by 1.6 million barrels for the week ended Aug. 9. That followed an…

 

Myriad Genetics stock plummets 39% after lower-than-expected earnings, FDA questions

Shares of molecular-diagnostics firm Myriad Genetics Inc. plummeted 39% Wednesday morning after the company reported lower-than-expected fourth-quarter…

 

Occidental Petroleum’s stock drops again after disclosing disappointing production guidance

Shares of Occidental Petroleum Corp. are falling 3.5% in morning trading, to extend recent losses to the lowest levels seen in more than 10 years, after the…

 

Dow falls over 400 points as stocks open sharply lower following yield-curve recession warning

Stocks opened sharply lower Wednesday, pressured after the main measure of the U.S. Treasury yield curve temporarily inverted, sending a recession-warning…

 

Lyft stock falls after disclosure that lock-up period will end earlier than expected

Shares of Lyft Inc. fell 2.1% in premarket trading Wednesday, after the ride-hailing company disclosed that the “lock-up period” following the…

 

Adaptive Biotechnologies stock down 8.5% in premarket trade

Shares of Adaptive Biotechnologies Corp. fell 8.5% in premarket trade Wednesday after the company reported earnings that fell short of analysts’ expectations…

 

Akari Therapeutics’ stock rockets on heavy volume after FDA grants nomacopan ‘Fast Track’ designation

Shares of Akari Therapeutics PLC rocketed 61% to pace all premarket gainers in very active trading Wednesday, after the biopharmaceutical company said its…

 




Applebee’s adds DoorDash delivery nationwide

Applebee’s Neighborhood Grill + Bar said Wednesday that it has added nationwide delivery through a partnership with DoorDash. To launch, free delivery will…

 

Macy’s shares plummet 12% after earnings miss, weak guidance

Macy’s Inc. shares plummeted 12.7% in Wednesday premarket trading after the department store retailer reported second-quarter earnings that missed…

 

Bank stocks sink as yield curve inverts, with Bank of America, Citigroup and Regions leading the losers

Banks stock took a broad hit in premarket trading Wednesday, as an inversion in the closely watched 2-year-10-year Treasury yield spread stoked fears of an…

 

Wyndham Hotels raises share buyback program by $300 mln

Wyndham Hotels & Resorts Inc. said Wednesday its board has agreed to increase its share buyback authorization by $300 million, bringing the total to $386…

 

Dow Jones, DAX 30, and Other Stock Levels to Watch Next Week

-Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1 -Visit DailyFX: https://www.dailyfx.com -Twitter: https://twitter.com/DailyFX -…

 

FXStreet Award’s Winners, Mr. Tarantula & Mr. Svorcik, live sharing their Trading Methods

In this live webinar Nenad and Chris explain their trading methods which is part based on price action and part based on indicators such as MAs, bands, and F…

 

EUR/USD and GBP/USD Forecast August 15, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

S&P 500 and NASDAQ 100 Forecast August 15, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

WTI Crude Oil and Natural Gas Forecast August 15, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

Bitcoin Forecast August 15, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

Gold Forecast August 15, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

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Have a nice trading!




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