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Tokyo Trading Session Heads Up Thursday, February 28, 2019

Tokyo opening news digest

6 Ways Of Looking At The Bond Market

What the U.S. Treasury market looks like from the standpoint of price charts and time frames.

 

Retail Sales Data That Sowed Panic Among Investors Could Be Just a Glitch

Recession antennae popped up everywhere on February 14. The Commerce Department reported retail sales fell 1.2% in December. It was the worst month-over-month decline since 2009. There are reasons to doubt this report’s significance.

 

America’s Wealth Inequality Is At Roaring Twenties Levels

What is the common denominator between U.S. wealth inequality during the Roaring Twenties and now? A massive stock market bubble.

 

Gold Price Technical Outlook: XAU/USD Correction Underway

Gold is down nearly 1.2% this week with price on the defensive into the close of the month. Here are the targets & invalidation levels

 

Chinese Yuan Takes Spotlight – Investors Buy as China Borrowing Jumps

Is the narrative of global investing themes shifting from a certain bear market to possibly setting the stage for new highs in equity indices in

 

Japan Tokyo Consumer Price Index (YoY) came in at 0.6%, above expectations (0.4%) in February

Japan Tokyo Consumer Price Index (YoY) came in at 0.6%, above expectations (0.4%) in February

 

Japan Jobs/applicants ratio in line with forecasts (1.63) in January

Japan Jobs/applicants ratio in line with forecasts (1.63) in January

 

Japan Unemployment Rate above expectations (2.4%) in January: Actual (2.5%)

Japan Unemployment Rate above expectations (2.4%) in January: Actual (2.5%)

 

GBP/USD struggles around 1.3260 at the beginning of an eventful day

GBP/USD is taking the bids around 1.3260 during early Asian trading on Friday. The pair slipped off a seven-month high of Wednesday and posted decline

 

DJIA pressured below monthly double tops and daily trend line support towards the 76.4% Fibo of Oct 2018 decline

Markets were in a slight risk-off mood on Thursday following Trump’s failed further attempts to have North Korean leader Kim Jong Un to denuclearise w

 

U.S. Said to Ready Final China Trade Deal as Hawks Urge Caution – Bloomberg

While conflicting signals concerning the prospects of the US-China trade deal were conveyed during late-Thursday by the US treasury secretary and econ

 




NZD/USD flirts with 0.6810 ahead of Fed’s Powell and China Caixin PMI

NZD/USD trades near 0.6810 during the early Asian session on Friday. The pair is struggling to stop previous declines ahead of key events like Fed Cha

 

India: RBI MPC to reduce the repo rate by 25bps to 6% when it meets in April – Standard Chartered

“The release of the second advance estimate of GDP for FY19 (year ending March 2019) quantified the well-anticipated deceleration in economic activity

 

New Zealand Building Permits s.a. (MoM) climbed from previous 5.1% to 16.5% in January

New Zealand Building Permits s.a. (MoM) climbed from previous 5.1% to 16.5% in January

 

New Zealand Terms of Trade Index below forecasts (0.1%) in 4Q: Actual (-3%)

New Zealand Terms of Trade Index below forecasts (0.1%) in 4Q: Actual (-3%)

 

AUD/USD trades at weekly lows below 0.71 ahead of China PMI data

Following yesterday’s drop, the AUD/USD pair extended its slide and failed to hold above the 0.71 handle on Thursday pressured by the broad-based USD

 

More layoffs expected at Tesla as the company shutters most of its retail stores

CEO Elon Musk said Thursday he doesn’t expect the company to be profitable in the first quarter of 2019.

 

Tesla is shuttering most of its stores as the company switches to an online-only sales model

It’s unclear if this plan will work in the US, given the prevalence of franchised auto dealers who have traditionally opposed direct sales.

 

Nordstrom spikes on strong guidance (JWN) | Markets Insider

Nordstrom reported mixed quarterly results.
The retailer said digital sales jumped 16% during the fiscal year.
Nordstrom gave full-year earnings guidance …

 

Gap is going bananas after announcing it’s spinning off Old Navy (GPS) | Markets Insider

Gap announced Thursday evening that it was spinning off Old Navy. 
Shares of Gap spiked 25% on the news.
The retail announced mixed quarterly results…

 

Trump ordered Kelly to approve Kushner’s top-secret clearance: report

President Donald Trump ordered for his adviser and son-in-law, Jared Kushner, to be granted a top-secret security clearance last year despite warnings

 

Tesla launching $35,000, shorter-range Model 3: report

Tesla Inc. TSLA, +1.63% is making good on a long-standing promise to offer a Model 3 for $35,000, Electrek, a blog mostly focusing on the company, sai

 

Habit Restaurants’ stock rallies ​on fourth-quarter earnings beat

Shares of Habit Restaurants Inc. HABT, +4.16% soared in Thursday’s extended session after the hamburger chain posted better-than-expected quarterly ea

 




Pure Storage stock falls after earnings and revenue miss

Pure Storage Inc. PSTG, +0.15% shares plunged 7.3% in the extended session Thursday after the company reported weaker-than-expected earnings and reven

 

Dell’s losses more than double in first quarter back on Wall Street

In its first earnings report since returning to the public markets, Dell Technologies Inc. DELL, -0.76% on Thursday reported that losses more than dou

 

Splunk shares rise after hours following earnings beat

Splunk Inc. SPLK, -1.86% shares rose in the extended session Thursday after the cybersecurity company’s quarterly results topped Wall Street estimates

 

Autodesk shares rise following better-than-expected quarterly earnings

Shares of Autodesk Inc. ADSK, -0.77% rose in Thursday’s extended session after the software company posted fourth-quarter earnings that beat Wall Stre

 

Gap to split itself, restructure Gap brand; stock jumps

Gap Inc. GAP, -1.60% stock skyrocketed more than 20% in the extended session Thursday after the retailer said it would split itself into two companies

 

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Have a nice trading!




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