Heads-up News 

Tokyo Trading Session Heads Up Wednesday, November 13, 2019

Tokyo opening news digest

Venezuela’s Hyperinflation Drags On For A Near Record—36 Months

Venezuela is the only country in the world that is suffering from the ravages of hyperinflation. Just how severe is Venezuela’s hyperinflation? If one measures severity by the duration of hyperinflation, Venezuela’s episode, which started in November of 2016 and has yet to end, is severe.

 

Gold Forecast: Are Spot Gold Prices (XAU) Set to Resume Rally?

The price of gold has slid roughly 6% from its 2019 peak down to its lowest level since early August, but is there potential for the precious metal to resume its rally and push XAU prices higher?

 

When is the Aussie jobs report and how could it affect AUD/USD?

Amid pessimism surrounding the US-China trade deal, AUD/USD traders will keep an eye over the Aussie jobs report.

 

Tories offer Nigel Farage eleventh-hour deal – The Telegraph

The UK’s Daily Telegraph is out with the latest story, citing that the ruling Conservatives Party has offered an electoral pact to Brexit Party’s lead

 

AUD/JPY technical analysis: 100-day EMA, 61.8% Fibo. question further declines

With the RSI returning to normal conditions, AUD/JPY bounces off 100-day EMA while trading around 74.40 during the initial Thursday morning in Asia.

 

Fed’s Daly: Fed is very focused on getting inflation higher

Towards NY closing, San Francisco Fed President Mary Daly crossed the wires, via Reuters, speaking in an interview with Bloomberg TV. Key Quotes: Rate

 

AUD/USD bounces off 50-day EMA ahead of Aussie jobs report, China’s data dump

A lack of consensus on the US-China phase one deal joins upbeat catalysts from the United States (US) to drag the AUD/USD pair down recently.

 

Russia’s Pres. Putin slams sanctions, says they impede global growth – Reuters

While speaking before the leaders of Brazil, Russia, India, China and South Africa (BRICS) countries in Brazil late-Wednesday, Russian President Vladi

 

EU’s Hogan: UK consumers will expect EU standards in FTA – RTE

The European Union (EU) Trade Commissioner-designate Phil Hogan was on the wires last minutes, via RTE, noting that “the UK consumers will expect Brit

 

EUR/USD technical analysis: Euro rolling into the Asian session below the 1.1016 level

The Euro, on the daily chart, is trading in a bear trend below the main daily simple moving averages (DMAs). This Wednesday, the market is ending the day virtu

 

NZD/USD: RBNZ-led rally stops amid US-Sino trade pessimism, eyes on China data

Having registered a noticeable run-up, based on the RBNZ’s no rate cut, NZD/USD bulls catch a breath.

 




United States API Weekly Crude Oil Stock: -0.5M (November 8) vs previous 4.26M

United States API Weekly Crude Oil Stock: -0.5M (November 8) vs previous 4.26M

 

Chinese President Xi: Growing protectionism is threatening international trade and investment…

Chinese President Xi Jinping recently crossed wires and again took aim at the United States (US) trade protectionism (indirectly).

 

Turkey’s Erdogan: Turkey can buy patriot missiles at the right price

In a response to the United States (US) President Donald Trump’s comments after the meeting, the Turkish President Recep Tayyip Erdoğan seems upbeat.

 

US Pres. Trump: Turkey’s S400 buys creates serious challenges for US

The United States (US) President Donald Trump recently crossed wires after having a chitchat with his Turkish counterpart Recep Tayyip Erdoğan.

 

Elizabeth Warren puts more billionaires on blast, reportedly purchasing CNBC ad time to further push her wealth tax | Markets Insider

Senator Elizabeth Warren is taking her squabble with opposing billionaires to TV by buying ad time for CNBC this week, a campaign aide told CNBC. The vide…

 

Goldman Sachs: From the 2020 election to capital expenditures — here’s what corporate executives talked about the most during the third quarter | Markets Insider

Earnings season is coming to a close and Goldman Sachs analyzed troves of investor call transcripts to determine the three most important themes from …

 

China has been reluctant to commit to the farm purchases Trump touted | Markets Insider

The White House said in mid-October that China would buy as much as $50 billion worth of US farm products. But that has not yet been confirmed by the seco…

 

Smith & Wesson to split from corporate parent American Outdoor Brands Corp.

American Outdoor Brands Corp. announced Wednesday afternoon that it would split into two companies to separate its gun-manufacturing business and the rest of…

 

API data show unexpected weekly decline in U.S. crude supply: sources

The American Petroleum Institute reported late Wednesday that U.S. crude supplies fell by 541,000 barrels for the week ended Nov. 8, according to sources….

 

Smucker CFO Belgya to retire

J.M. Smucker Co. said late Wednesday Chief Financial Officer Mark Belgya will retire Sept. 1, 2020, with Tucker Marshall, the vice president of finance,…

 

U.S. Steel pledges to reduce intensity of greenhouse-gas emissions by 20%

U.S. Steel Corp. said Wednesday it plans to reduce greenhouse-gas-emissions intensity across its global footprint by 20% by 2030. The reduction will be…

 

Trump says China trade deal moving ‘rapidly’ amid report of snag

President Donald Trump said Wednesday a U.S.-China trade agreement is “moving along rapidly,” after a report that trade talks may have hit a snag…

 

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Have a nice trading!




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