Tokyo opening news digest
|Netflix stock looks well-positioned for a comeback.|
|Facebook’s global currency, Libra, is ‘another’ payment system – ie, a better version of Paypal, but not a liberating currency like Bitcoin and other major cryptocurrencies.|
|The Canadian Dollar appears ripe for heightened volatility with Friday’s release of Canada jobs data on deck, which has potential to sway the BOC’s monetary policy outlook later this month.|
|New Zealand Business NZ PMI came in at 48.4, below expectations (49) in September|
|Federal Reserve’s Mester has said that the US is likely to avoid a serious downturn. More from Mester: Economy ‘continues to perform well’. Disagreed|
|New Zealand Electronic Card Retail Sales (YoY) registered at 0.3%, below expectations (0.5%) in September|
|New Zealand Electronic Card Retail Sales (MoM) came in at 0.4%, below expectations (0.5%) in September|
|On a risk-on session, following positive momentum in trade talks between the US and China as well as signs of a Brexit breakthrough, US benchmarks wer|
|Following trade talks today, President Trump has said that they went very well t and will continue tomorrow. This follows a risk-on sesisonon Wall Str|
|Nearly half of investors are worried that a recession is coming, or that a big market crash is on the horizon, according to a recent study by Allianz Life…|
|Kohl’s Corp. said late Thursday that Bruce Besanko has decided to retire from Kohl’s at the end of the fiscal year and will step down from his position as…|
|Slack Technologies Inc. said Thursday it had more than 12 million people “actively using Slack every day” in September, up about 37% year-on-year….|
|L Brands Inc.’s Victoria’s Secret brand laid off about 50 people at its Columbus, Ohio, headquarters, or about 15% of its HQ staff, according to media…|
|SiriusXM Holdings Inc. said late Thursday its board of directors has approved a 10% increase in the company’s dividend to 1.331 cents a share. The dividend…|
|Walmart Inc. said late Thursday that John Furner will become the president and chief executive officer of Walmart U.S., effective Nov. 1. Furner replaces…|
– How can you be sure you have counterfeit money?
– If its a three-dollar bill, you can be sure.
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Have a nice trading!