Heads-up News 

Tokyo Trading Session Heads Up Wednesday, October 31, 2018

Tokyo opening news digest

Experts Share Their Secrets For Success In Volatile Markets

Experts offer their best strategies for how to handle, and succeed in, these volatile markets and share what they think caused this rocky month for stocks.

 

Apple Earnings Expectation Favorable Based On Impressive New iPhone, iPad And Mac Execution

Apple’s recent strong product launch execution should have begun to build intrinsic momentum behind the brand.

 

Investing vs. Speculating: Why Knowing the Difference Is Key

In my travels, I’m constantly reminded the importance of: 1) understanding the difference between investing and speculating, and 2) understanding risk tolerance. These are two primary points for any investor seeking to make sound decisions with their money to understand.

 

When is the Aussie Trade Balance, and how could it affect the AUD/USD?

Aussie Trade Balance overview

Early Thursday at 00:30 GMT sees September’s Australian Trade Balance data, with the headline figure forecast to improv

 

UK PM May looking to reassure UK businesses of Brexit progress – Reuters

As reported by Reuters, UK Prime Minister Theresa May met businesses leaders on Wednesday, looking to soothe worries surrounding the impending divorce

 

South Korea Consumer Price Index Growth (YoY) came in at 2%, above expectations (1.7%) in October

South Korea Consumer Price Index Growth (YoY) came in at 2%, above expectations (1.7%) in October

 

South Korea Consumer Price Index Growth came in at -0.2%, above forecasts (-0.25%) in October

South Korea Consumer Price Index Growth came in at -0.2%, above forecasts (-0.25%) in October

 

AUD/USD ticks lower ahead of Aussie Trade Balance

The AUD/USD drifted lower through Tuesday’s trading, falling back to the 0.7050 zone as the Antipodean proved unable to keep itself aloft near the 0.7

 

Premium for protection against JPY strength is moderating – Scotiabank

Analysts at Scotiabank explained that JPY is quietly consolidating this week’s decline and trading just below the midpoint of its October range. 

Key

 

S&P500 Technical Analysis: US Stocks remain fragile near 2,700.00 figure

S&P500 daily chart

Main trend:               Bullish
Short-term trend:      Bearish pullback below 200-day SMA
 
Resistance 1:           2,718.75 A

 

Brazil Interest Rate Decision meets forecasts (6.5%)

Brazil Interest Rate Decision meets forecasts (6.5%)

 




Australia AiG Performance of Mfg Index: 58.3 (October) vs previous 59

Australia AiG Performance of Mfg Index: 58.3 (October) vs previous 59

 

ADP private employment reviewed – Nomura

Analysts at Nomura explained that the ADP reported a 227k gain in private employment during October, above expectations (Nomura: 170k, Consensus: 187k

 

US Dollar Index Technical Analysis: Greenback closing above 97.00 can lead to continuation up

DXY daily chart

Trend:                     Bullish

Resistance 1:         97.20 October 21 high
Resistance 2:         97.87 June 20, 2017
Resistan

 

Key event risks – Westpac

Analysts at Westpac offered their outlook for key events coming up.

Key Quotes:

“Oct Australia home price data from CoreLogic (10am Syd) should not

 

A look ahead to the RBNZ expected to hold – ANZ

Analysts at ANZ Bank New Zealand explained that next Thursday, the RBNZ will leave the OCR at 1.75% and reaffirm that the next move in the OCR could b

 

Sturm Ruger shares slip on big earnings miss

Sturm, Ruger & Co. RGR, -3.08% shares were down slightly in the extended session Wednesday after the gun maker’s quarterly results fell well short of

 

USD/JPY and AUD/USD Forecast November 1, 2018

The US dollar try to rally against the Japanese yen during the trading session on Wednesday but gave back quite a bit of the gains. By doing so, it looks as …

 

EUR/USD and GBP/USD Forecast November 1, 2018

The Euro broke down again during trading on Wednesday, as we are pressing the 1.13 level. Quite frankly, it looks as if we will break through this area, and …

 

Cheer Up

Adage:

Liquidity isn’t a problem for me as long as I can get to the bathroom in time after I make a bad trade.

Cartoon:


Image courtesy: www.profitf.com

Have a nice trading!




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