Heads-up News 

Tokyo Trading Session Heads Up Thursday, June 13, 2019

Tokyo opening news digest

Trump Trade War Faces Domestic Pressure from US Business

A letter signed by over 600 businesses was sent to the White House protesting the President’s approach to the US-China trade war, urging him to end the economic conflict.


AUDUSD & Nasdaq 100 Price Outlook: Huawei Offers Opportunity

Huawei’s blacklisting saw an immediate adverse market reaction, but as the dust settles, Huawei will begin to feel further pressure – as will its US suppliers.


AUD/JPY technical analysis: Multiple resistance-lines to limit latest recovery

Even if AUD/JPY’s recent short-covering moves from 74.77 presently propels it towards 75.00, near-term descending trend-lines are on the spotlight.


Gold technical analysis: Bulls testing bear commitments at five-year-long resistance


AUD/USD clings to 2-week bottom ahead of China data

Having witnessed another day of losses piled due to heightened expectations of the RBA’s rate cut, the AUD/USD pair shows little moves near 0.6920.


NZD/USD seesaws near 10-day low as traders await New Zealand, China data

NZD/USD seems modestly flat near 10-day low as it takes the rounds to 0.6570 at the start of Friday’s Asian session.


GBP/USD technical analysis: Cable ending the day on its lows below 1.2700 figure

GBP/USD daily chart GBP/USD is consolidating after the selloff seen in May. GBP/USD 4-hour chart The market is trading below 1.2700 and its main simpl


Wall Street robust despite geopolitical tensions, DJIA holds above key 61.8% support

DJIA, added 102 points, or 0.4% to 26,107. S&P 500 index put up 12 points, or 0.4% to reach 2,892. The Nasdaq Composite index added 44 points, or 0.6


South Korea Export Price Growth (YoY) above forecasts (0%) in May: Actual (0.4%)

South Korea Export Price Growth (YoY) above forecasts (0%) in May: Actual (0.4%)


South Korea Import Price Growth (YoY) above expectations (3%) in May: Actual (4.6%)

South Korea Import Price Growth (YoY) above expectations (3%) in May: Actual (4.6%)


Uber’s self-driving CEO says the company needs robo-taxis because it can’t grow its fleet of human drivers fast enough

Uber’s self-driving cars will help the company overcome its driver-growth struggles, according to Eric Meyhofer, CEO of Uber’s self-driving car unit.


Elon Musk just revealed more video games coming to Tesla cars — here’s the full list so far

Before Elon Musk was building rockets and starting car companies, he was a guy who liked video games. And now he’s putting them into his cars.


Inside the Alphabet empire: Here are the most important people and teams in Google’s vast power structure

With more than 103,000 employees, Alphabet is a sprawling collection of teams that range from online ads to streaming video to self-driving cars.


A top White House economic adviser says the ballooning budget deficit ‘doesn’t bother’ him | Markets Insider

White House economic adviser Larry Kudlow suggested on Thursday that the rapidly growing gap between federal income and spending wasn’t a pressing concern…


Blue Apron stock falls after company OKs reverse stock split

Shares of Blue Apron Holdings Inc. fell 11% in the extended session Thursday after the meal-kit provider said its board approved its reverse stock split of…


Chip stocks take a hit after Broadcom earnings

Several semiconductor companies saw shares decline in after-hours trading Thursday following Broadcom Inc.’s earnings report, which suggested a second-half…


Broadcom stock falls after earnings miss, warning about challenging market

Broadcom Inc. shares fell more than 6% in the extended session Thursday after the company missed revenue expectations and issued weaker-than-expected…


EUR/USD and GBP/USD Forecast June 14, 2019

The Euro initially tried to rally during the trading session on Thursday, but then rolled over a bit. At this point, it looks as if we are going to continue …


USD/JPY and AUD/USD Forecast June 14, 2019

The US dollar fell during most of the trading session on Thursday against the Japanese yen, filling the gap from the beginning of the week. Interestingly eno…


S&P 500 and NASDAQ 100 Forecast June 14, 2019

The S&P 500 initially fell during trading on Thursday but found enough support underneath the turn around and form a reasonably bullish candle stick. By doin…


Cheer Up


Fundamental Analysis – the process of checking if you can open a short position on a stock.


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Have a nice trading!

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