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Writer's pictureFahad H

Nvidia Takes Profits, Bitcoin Down 5%


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Export, Import Price Index for April (8:30am) ECB Chair Mario Draghi speaks (9:15 am) University of Michigan Preliminary Consumer Sentiment for May (10am) Baker Hughes Rig Count Data (1pm) CFTC Commitment of Traders Report (3:30pm)

———————————— MARKET HEADLINES:

U.S. business teams fear quotas would stop them from getting wanted specialties gadgets ? https://www.wsj.com/articles/quotas-make-a-comeback-as-countries-seek-u-s-tariff-exemptions-1526031000

U.S. sanctions Iran forex community after Trump pulls out of nuclear deal ? https://reut.rs/2jMJjIB

U.S. Treasury accuses Iran’s central financial institution of being complicit in strikes to funnel {dollars} to elite navy unit ? https://www.wsj.com/articles/u-s-sanctions-iranian-currency-exchange-operations-in-the-u-a-e-1525973587

Israel and Iran, Newly Emboldened, Exchange Blows in Syria Face-Off ? https://nyti.ms/2G2uP07

Trump tells his supporters in Indiana he has “great health plans” popping out inside 4 weeks ? https://www.bloomberg.com/news/articles/2018-05-11/trump-says-he-has-great-health-plans-coming-out-within-4-weeks

Trump drug-pricing speech provides dose of uncertainty for healthcare traders ? https://reut.rs/2I5EZTu

The stage is about for a battle over information privateness in Europe ? https://www.wsj.com/articles/stage-is-set-for-battle-over-data-privacy-in-europe-1526031104

Ryan units May 17 deadline for NAFTA deal, Mexico sees time operating quick ? https://reut.rs/2I626NH

Why Americans aren’t feeling wage beneficial properties ? https://www.wsj.com/articles/u-s-consumer-prices-rose-0-2-in-april-1525955513

Trump’s Trade Moves Put U.S. Carmakers in a Jam at Home and Abroad Trump’s Trade Moves Put U.S. Carmakers in a Jam at Home and Abroad ? https://nyti.ms/2KQ1NUZ

Markets are wobbly, however file buybacks assist hold shares regular ? https://www.wsj.com/articles/record-buybacks-help-steady-wobbly-market-1525950001

Tax minimize serving to flip U.S. small caps into unlikely supply of security ? https://reut.rs/2wv7wfH

The coronary heart of America’s oil growth can’t fetch good costs for its oil ? https://www.wsj.com/articles/heart-of-americas-oil-boom-cant-fetch-good-prices-for-its-crude-1525968441

U.S. ‘internet neutrality’ guidelines will finish on June 11: FCC ? https://reut.rs/2Itcuyx

Vix beneath key technical degree for first time in 4 months ? https://www.ft.com/content/2f32f422-5453-11e8-b3ee-41e0209208ec

Nvidia reveals crypto gross sales for first time and predicts massive drop ? https://www.bloomberg.com/news/articles/2018-05-10/nvidia-reveals-crypto-sales-for-first-time-and-predicts-big-drop

Cisco pulls all on-line advertisements from YouTube ? https://reut.rs/2wvCxQT

A brand new credit-card partnership is Goldman Sachs’ first push into plastic and replaces Apple’s take care of Barclays ? https://www.wsj.com/articles/goldman-sachs-apple-team-up-on-new-credit-card-1525966214

A key determine disappeared from Apple’s newest quarterly report: abroad money ? https://www.bloomberg.com/news/articles/2018-05-11/apple-leaves-overseas-cash-out-of-its-latest-quarterly-report

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