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Tokyo Trading Session Heads Up Tuesday, June 11, 2019

Tokyo opening news digest

Litecoin Has Rallied 350% This Year

Litecoin has climbed more than 500% since hitting a local low in December. Will it continue to lead crypto markets higher?


How Has Samsung’s DRAM Business Trended & How Does It Compare With Its Peers?

The DRAM market entered a phase of oversupply in Q4 2018, amid cooling demand from the mobile and PC markets as well as increasing capacity, with prices falling by about 30% in Q1 2019, per DRAMeXchange. Samsung Electronics (OTC:SSNLF), the largest DRAM manufacturer, is likely to be significantly…


What To Expect From AMD’s Computing & Graphics Segment In The Near Term?

AMD’s (NYSE:AMD) Computing & Graphics segment accounts for 67% of the company’s value, according to Trefis estimates. The segment generated revenues of $4.13 billion in 2018, accounting for 64% of the company’s total revenues, and a growth of 39% over the prior year. This can be attributed to a …


Is The Netflix Board Aligned: What Will Netflix Look Like In 3 Years?

With a history of about 10x or more growth in the last 10 years across metrics (stock price, revenues, memberships), it can’t be easy for the Netflix (NASDAQ:NFLX) board to align on a common outlook for a seemingly simple question: What will Netflix look like in 3 years? We deep-dive on Netflix’s…


Earnings Preview: What To Expect From Lululemon Athletica On Wednesday

Lululemon is expected to earn $0.71/share on $757.03 million in revenue. Meanwhile, the so-called Whisper number is $0.77.


Dow Jones Price Outlook: Index Forfeits Winning Streak

The Dow Jones closed lower after a tumultuous Tuesday trading session. Consequently, the Industrial Average snapped its 6-day winning streak.


AUD/USD clings to 0.6960 as traders await RBA’s Kent, China CPI for fresh clues

While mixed domestic data and improvement in global risk tone helped the pair on Tuesday, AUD/USD remains less changed on early Wednesday.


Boris Johnson faces Remainer plot to thwart no-deal Brexit – The UK Telegraph

Ahead of his official campaign to win the UK PM race, Boris Johnson is likely to face challenges to previous promises concerning Brexit.


NZD/USD remains on a back foot around 0.6580 ahead of data-flow

Following another day ruled by bears, the NZD/USD pair continues to be on a back foot near 0.6580 ahead of a slew of domestic and China data on early Wednesday.


UAE Energy Min Mazroui: OPEC production deal should remain or be extended ‘at least until the end of the year’

UAE Energy Minister Suhail Mohammed Faraj Al Mazroui was crossing the wires, via Reuters, during the early Asian session on Wednesday.


S&P500 technical analysis: The bull run goes on as the market challenges the 2,900.00 mark

S&P500 daily chart The S&P500 Index pushed beyond the 2900.00 mark on an intraday basis as the market trades above its main daily simple moving averag


Boris Johnson launches leadership bid with a pledge of Oct 31 Brexit

Boris Johnson launches leadership bid with a pledge of Oct 31 Brexit and promises conservatives no more Brexit delays. More to come..


UAE Energy Min Mazrouei: OPEC+ is very close to deal on extension

UAE energy min Mazrouei is crossing the wires and has said that OPEC+ is very close to deal on an extension.


Wall Street’s bullish streak gets capped, DJIA rested at R1

DJIA ended down around points, or less than 0.1%, at 26,048. S&P 500 index unchanged at 2,885. Nasdaq Composite Index also ended flat at 7,822. Wall


United States API Weekly Crude Oil Stock climbed from previous 3.545M to 4.85M in June 7

United States API Weekly Crude Oil Stock climbed from previous 3.545M to 4.85M in June 7


Top antitrust enforcer at DOJ reveals 3 ways the agency could make a case against big tech companies like Google and Apple

The Department of Justice is going to be looking closely for signs of collusion, at exclusivity agreements, and at acquisitions, Makan Delrahim said.


Oil prices fall as sources say API reports a weekly climb in U.S. crude stocks

The American Petroleum Institute reported late Tuesday that U.S. crude supplies climbed by roughly 4.9 million barrels for the week ended June 7, according…



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