Stocks making the biggest move premarket: KO, LULU, ULTA, BIG & more
Check out the companies making headlines before the bell: Coca-Cola – Coca-Cola struck a deal buy Costa, the world’s second-largest coffee chain, from Britain’s Whitbread for $5.1 billion, including assumed debt. Costa has nearly 4,000 locations across a variety of...
DAX Slide Continues On US-China Trade Tensions
The DAX index has posted sharp losses in the Friday session, after dropping close to 1.0 percent on Thursday. Currently, the index is at 12,395, down 0.79% on the day. On the release front, German retail sales came in at...
Trump Trade Talk Hurts Stocks And EM Currencies
Friday August 31: Five things the markets are talking about The threat of global growth taking a hit from a damaging U.S-China relationship remains ‘front and center.’ Global equities trade under pressure in the last session of the month after...
Here’s why you will own more China stocks in the near future
Despite global trade and tariff tensions, one of the world’s biggest indexers is pushing ahead with plans to include mainland China stocks in its indexes. That means investors in most global funds will be owning more China stocks in the...
USDTRY Outlook: Lira’s Bears Take A Breather, Inflation Report In Focus For Fresh Signals
Turkish lira rose on Friday, taking a breather of four-day fall which hit the lowest since 13 Aug record low, on spike to 6.8379 on Thursday. Fresh support to lira came from decision to lower withhold taxes on lira’s deposits...
GBPUSD Watching Negative Price Divergence
The British pound continues to trade around the 1.3000 level against the US dollar on Friday, as optimism over Brexit negotiations continues to support sterling buying. The GBPUSD pair retains an intraday bullish while trading above the 1.2985 level. Caution...
USDJPY Trades Towards Key Support
The US dollar continues to tumble against the Japanese yen currency, as investors fears grow over President Trump’s latest trade tariff threats to China and the World Trade Organization. The USDJPY pair has fallen towards the 110.70 support level and...
AUDUSD Outlook: Bears Look For Extension Towards Key Support At 0.7202
The Australian dollar extends weakness on Friday, holding firmly in red for the fourth consecutive day and on track for strong bearish weekly close. Extension of Thursday’s strong bearish acceleration was partially limited by better than expected China’s PMI data...
NZD/JPY 4H Chart: Sets For Breakout
The New Zealand Dollar has been trading in two different channels against the Japanese Yen. The most important of the pattern is the junior ascending channel pattern which is currently guiding the price higher. However, after hitting the upper boundary...
GBP/JPY 4H Chart: Sets For Bullish Momentum
The Pound Sterling has been trading in a junior descending channel against the Japanese Yen. The currency pair reversed from the upper boundary of the pattern on July 13 and had since remained inside the channel. During the past two...
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