Heads-up News 

Tokyo Trading Session Heads Up Tuesday, December 3, 2019

Tokyo opening news digest

Bitcoin Trades Range-Bound As Investors Wait And See

Bitcoin prices have been suffering from malaise lately, experiencing little volatility. When will the cryptocurrency break out of its current range?

 

Economic Protests Are Spreading Across The Globe. Here’s Where And Why.

What begins as protests over inequality can evolve into cultural upheaval.

 

Dow Jones, S&P 500 Plummet as VIX Explodes on Trade War Worries

The Dow Jones and S&P 500 sank on Monday and Tuesday following an explosion in the VIX on the back of a breakdown in the US-China trade war.

 

AUD/JPY Technical Analysis: Sellers await rising wedge confirmation amid bearish MACD

AUD/JPY takes the bids near 74.40 by the press time of early Wednesday morning in Asia. The quote nears the highest levels in three weeks.

 

When is the Aussie GDP release and how could it affect the AUD/USD?

Global markets are now gearing up for Australia’s third-quarter (Q3) Gross Domestic Product (GDP) figures, up for publishing at 00:30 GMT on Wednesday.

 

USD/JPY: Under pressure around eight-day low amid broad risk-off

USD/JPY seesaws around 108.65 during early Wednesday morning in Asia. The quote dropped the lowest since November 22 the previous day.

 

Gold Technical Analysis: XAU/USD enters Asia clinging to three-weeks highs near 1480 level

Gold bounced sharply from the November lows while breaking above the 1465 resistance level. The market is trading below the 50 and 100-day simple moving averag

 

Australia Commonwealth Bank Composite PMI up to 49.7 in November from previous 49.5

Australia Commonwealth Bank Composite PMI up to 49.7 in November from previous 49.5

 

Australia Commonwealth Bank Services PMI above expectations (49.5) in November: Actual (49.7)

Australia Commonwealth Bank Services PMI above expectations (49.5) in November: Actual (49.7)

 

Iraq’s OilMin: Deeper cuts being preferred by members

Iraq’s Oil Minister Thamir Ghadhban recently crossed wires, via Reuters, while signaling further production cuts.

 

South Korea FX Reserves came in at 407.46B, below expectations (408.15B) in November

South Korea FX Reserves came in at 407.46B, below expectations (408.15B) in November

 




US Commerce Sec. Ross: Trump administration has not ruled out imposing tariffs on imported autos

While speaking to Reuters in an interview, the United States (US) Commerce Secretary Wilbur Ross renewed fears of auto tariffs.

 

Oil Technical Analysis: WTI sidelined above $56.00 a barrel

The crude oil West Texas Intermediate (WTI) is currently trading just above $56.00 a barrel and the 50/100 DMAs consolidating last week’s drop.

 

United States API Weekly Crude Oil Stock: -3.72M (November 29) vs previous 3.639M

United States API Weekly Crude Oil Stock: -3.72M (November 29) vs previous 3.639M

 

Wall Street close: US benchmarks under pressure, managed to end off session lows

US benchmarks on Tuesday were lower but managed to end off session lows despite antagonistic comments from President Donald Trump who provocative stat

 

NZD/USD nears 17-week high, ignores trade tantrum, downbeat NZ GDT data

NZD/USD seesaws around 0.6520, the highest since August 07, at the start of Wednesday’s Asian session.

 

Australia AiG Performance of Services Index down to 53.7 in November from previous 54.2

Australia AiG Performance of Services Index down to 53.7 in November from previous 54.2

 

Read the goodbye letter Google cofounders Larry Page and Sergey Brin wrote to announce they’re stepping down from their leadership roles at Alphabet

Larry Page and Sergey Brin reflected on the evolution of Google in their letter announcing they will step down from leadership roles at Alphabet.

 

Microchip Technology stock rises after missing revenue exepctations

Microchip Technology Inc. shares rose 2.8% in the extended session Tuesday after the company reported revenue that missed analyst estimates. The company…

 

Google co-founders to step down at Alphabet, Sundar Pichai to be overall CEO

Google co-founders Larry Page and Sergey Brin are leaving active management of Alphabet Inc. , the parent company of the internet giant, and placing Sundar…

 

API data show a 3.7 million-barrel weekly fall in U.S. crude supply: sources

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 3.7 million barrels for the week ended Nov. 29, according to sources….

 

Cheer Up

Adage:

The easiest time to make money is when there is a trend.

Cartoon:


Image courtesy: www.forexfactory.com

Have a nice trading!




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