France December flash services PMI 49.2 vs 40.0 expected - Finance News, Economic News, Market News, Stock Market News, Forex news
https://ticktawk.com/france-december-flash-services-pmi-49-2-vs-40-0-expected/

Eurozone December flash services PMI 47.3 vs 42.0 expected - Finance News, Economic News, Market News, Stock Market News, Forex news
https://ticktawk.com/eurozone-december-flash-services-pmi-47-3-vs-42-0-expected/

EUR/USD powers to fresh highs since April 2018 on French, German PMI beats - Finance News, Economic News, Market News, Stock Market News, Forex news
https://ticktawk.com/eur-usd-powers-to-fresh-highs-since-april-2018-on-french-german-pmi-beats/

TOP 5 STOCKS TO WATCHOUT:-


1. #NOKIA- Telecoms equipment maker Nokia operating margins at its networks business will be zero in 2021, it said on Wednesday in an update on strategy to streamline the Finnish company into four business groups.
The immediate focus of the mobile networks business will be on executing its turnaround, the company said. It expects the business to deliver a comparable operating margin of about 0% in 2021 and significant improvement over the longer term, Nokia added.




2 . #ZOOM:-Zoom Video Communications said on Wednesday it would expand its presence in Singapore by opening a research and development centre and will immediately hire hundreds of engineering staff for the new operations.
The video-conferencing services provider said in a statement that is also doubling its data centre capacity in the country. The San Jose, California-based company launched the Singapore data centre, its first in Southeast Asia, in August.
The company has seen a surge in users of its video conferencing service this year, with millions of workers and students using its video platform as they work and study from home due to the coronavirus-led lockdowns.

3.#DELTA AIR:-Delta Air Lines Inc is in early talks with governments to add more quarantine-free flights overseas, a company executive said on Tuesday, as the aviation industry turns to such testing-backed programs to revive demand battered by COVID-19.
The U.S. carrier is rolling out two quarantine-free flights this week to Europe, where passengers are required to be tested for the novel coronavirus.
The flights, which are restricted to essential travel to meet government requirements, begin later on Tuesday with a departure from Atlanta to Amsterdam.

4. #AMAZON:- Amazon.com urged a U.S. judge to toss out the Pentagon's $10 billion JEDI cloud computing contract award after the Defense Department said in September a court-ordered re-evaluation had determined Microsoft Corp proposal still represented the best value for the government.
The company's Amazon Web Services (AWS) unit said in a redacted Oct. 23 court filing unsealed on Tuesday that the award to Microsoft must "be invalidated because it is the product of systematic bias, bad faith, and undue influence exerted by President Trump to steer the award away from" the company. It called it a "flawed and politically corrupted decision."
The White House declined to comment, referring questions to the Justice Department. The Pentagon did not immediately comment.
Microsoft said in a statement Tuesday "career procurement officials at the DoD decided that given the superior technical advantages and overall value, we continued to offer the best solution."

5. #HONDA MOTOR CO:- Honda Motor Co said on Tuesday it was recalling 1.79 million vehicles worldwide in four separate campaigns, including some linked to reported fires.
The recalls cover 1.4 million vehicles in the United States.The Japanese automaker said one recall covers 268,000 2002-2006 model year CR-V vehicles in the United States to replace power window master switches. Honda said there had been no reported injuries, but 16 fires reported related to the issue.


Honda conducted a prior recall of the power window master switches in 2012. The new recall is in response to moisture-related failures of switches repaired under the previous campaign.

We provide more than 15 Trade Signals for free to Enhance your trading strategy so that you can cash the potential market moves. Invite your friend in the group to take advantage of it.

TRADE SIGNAL AS ON 16th December, 2020
#GBPJPY
BUY=139.278
TARGET=139.628
SL=138.225

#BRENT CRUDE OIL
BUY=50.62
TARGET=51.03
SL=49.67

#EXXON MOBIL
SFELL=43.02
TARGET=41.68
SL=43.88

#ETHEREUM
BUY=582.5
TARGET=601.12
SL=561.91

#FTSEMIB 40
BUY=22038
TARGET=22244
SL=21545
With 30000+ daily active traders, Capital Street Fx is No#1 choice of professional Traders. We are regulated by FSC Mauritius, SVG FSA UK.

ForexLive European FX news wrap: Dollar softer ahead of the Fed - Finance News, Economic News, Market News, Stock Market News, Forex news
https://ticktawk.com/forexlive-european-fx-news-wrap-dollar-softer-ahead-of-the-fed/

The report presents a summary of all upcoming and recent fundamental events as well as technical analysis for the major markets. https://www.capitalstreetfx.com/en/technical_analysis/technical-analysis-report-16th-december-2020/

TOP 5 STOCKS TO WATCH OUT 16 DECEMBER 2020
NOKIA- Telecoms equipment maker Nokia operating margins at its networks business will be zero in 2021, it said on Wednesday in an update on strategy to streamline the Finnish company into four business groups.
The immediate focus of the mobile networks business will be on executing its turnaround, the company said. It expects the business to deliver a comparable operating margin of about 0% in 2021 and significant improvement over the longer term, Nokia added. https://www.capitalstreetfx.com/en/top-5-stocks-to-watch-out-16-december-2020/

Dollar on the defensive as U.S. leaders meet on stimulus, pound buoyed by Brexit hopes
The dollar languished near 2 1/2-year lows on Wednesday as progress toward a massive U.S. government spending bill and COVID-19 relief measures whetted risk appetite, sapping demand for the safest assets.

https://www.capitalstreetfx.com/en/dollar-on-the-defensive-as-u-s-leaders-meet-on-stimulus-pound-buoyed-by-brexit-hopes/

Asia stocks climb on a vaccine, U.S. stimulus optimism; dollar skids
Asian stocks were buoyant on Wednesday and the dollar eased as hopes of effective coronavirus vaccines and the growing prospect of more U.S. fiscal stimulus cheered investors ahead of the Christmas holiday season.

https://www.capitalstreetfx.com/en/asia-stocks-climb-on-a-vaccine-u-s-stimulus-optimism-dollar-skids/

Apple plans 30% increase in iPhone production for first half of 2021
On technical fronts Apple Inc (NASDAQ:AAPL) RSI stood at 54.95 and currently stock is trading above all moving averages. So, BUY position can be taken with following target and stoploss:

TRADE SIGNAL – : Apple Inc (NASDAQ:AAPL) – BUY: 121.80, TARGET : 126.39, STOPLOSS : 119.08 https://www.capitalstreetfx.com/en/apple-plans-30-increase-in-iphone-production-for-first-half-of-2021/

Bitcoin price hits $20,000 for the first time in history
The price of Bitcoin (BTC) has reached $20,000 for the first time in history on Dec. 16. The historic milestone comes just over two weeks after breaking its previous all-time high. Read More

https://ticktawk.com/bitcoin-price-hits-20000-for-the-first-time-in-history/

Switzerland named currency manipulator in Treasury report
This has been a concern but is a surprise
This Treasury report has been delayed since March and there were always worries that the Swiss would be named a manipulator. Read Full

https://ticktawk.com/switzerland-named-currency-manipulator-in-treasury-report/

The GBPUSD is the strongest and the CAD is the weakest as NA traders enter for the day
The USD is lower ahead of Retail sales/PMI/FOMC
As North American traders enter for the day ahead of the retail sales (at 8:30 AM ET), Markit PMI (at 9:45 AM ET) and FOMC decision (at 2 PM ET), the GBP is the strongest on hopes for Brexit deal, the CAD is the weakest (and off the lowest levels since April 2018 reached yesterday). https://ticktawk.com/the-gbpusd-is-the-strongest-and-the-cad-is-the-weakest-as-na-traders-enter-for-the-day/

Ripple (XRP) price dips below $0.50 to accelerate correction
Fundamental analysis: Co-founder of Ripple dumped $86.8 million in XRP on the open market this month
“Ripple is purchasing – and may continue to purchase – XRP to support healthy markets,” said Ripple Inc.
Read Full Article
https://ticktawk.com/ripple-xrp-price-dips-below-0-50-to-accelerate-correction/

Stocks making the biggest moves in the premarket: Tilray, Aphria, Penumbra, Moderna & more
Tilray (TLRY), Aphria (APHA) – The Canadian cannabis companies will combine in an all-stock deal that will create the world’s biggest cannabis producer. Aphria shareholders will hold 62% of the combined company, with the company paying a 23% premium over Tilray’s Tuesday closing price. Tilray shares surged 30%, while Aphria shares jumped more than 8% in the premarket.

https://ticktawk.com/stocks-making-the-biggest-moves-in-the-premarket-tilray-aphria-penumbra-moderna-more/

Why buy Apple stock in January?
Fundamental analysis: New products unveiled, ambitious iPhone target set
“Apple Fitness+ offers 10 different workouts types across a range of durations, including High Intensity Interval Training (HIIT), Strength, Yoga, Dance, Core, Cycling, Treadmill (for running and walking), Rowing, and Mindful Cooldown — along with inspiring music from today’s top artists, thoughtfully chosen for each workout to keep users moving and motivated,” it is said on Apple’s website. Read Fully Article

https://ticktawk.com/why-buy-apple-stock-in-january/

Oil prices hit nine-month high after U.S. crude stock draw - Finance News, Economic News, Market News, Stock Market News, Forex news
https://ticktawk.com/oil-prices-hit-nine-month-high-after-u-s-crude-stock-draw/