Tokyo opening news digest
|What the U.S. Treasury market looks like from the standpoint of price charts and time frames.|
|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.|
|What is the common denominator between U.S. wealth inequality during the Roaring Twenties and now? A massive stock market bubble.|
|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|
|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 Jobs/applicants ratio in line with forecasts (1.63) in January|
|Japan Unemployment Rate above expectations (2.4%) in January: Actual (2.5%)|
|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|
|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|
|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 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|
|“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 Terms of Trade Index below forecasts (0.1%) in 4Q: Actual (-3%)|
|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|
|CEO Elon Musk said Thursday he doesn’t expect the company to be profitable in the first quarter of 2019.|
|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 reported mixed quarterly results.
The retailer said digital sales jumped 16% during the fiscal year.
Nordstrom gave full-year earnings guidance …
|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…
|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 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|
|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 Inc. PSTG, +0.15% shares plunged 7.3% in the extended session Thursday after the company reported weaker-than-expected earnings and reven|
|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 Inc. SPLK, -1.86% shares rose in the extended session Thursday after the cybersecurity company’s quarterly results topped Wall Street estimates|
|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 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!