banner2
banner5
banner3

5 Things to know this morning - 29/11

Here are the top 5 most important things to know for today.

 

1. Global stocks mixed

U.S. futures pointed to a flat to higher open on Tuesday suggesting a partial recovery of losses logged a day earlier while investors wait for the first major economic data of the week.

European stocks were mixed on Tuesday, as oil prices turned lower amid concerns ahead of a highly-anticipated OPEC meeting on Wednesday and as investors also remained cautious ahead of an Italian referendum this weekend.

Earlier, Asian equities closed with mixed signs on Tuesday and the Nikkei 225 ended slightly slower on the back of mixed Japanese data.

The world’s third largest economy saw household spending unexpectedly slump in October, though retail sales slipped much less than forecast and the jobless rate came out in line with consensus.

 

2. OPEC scare drive oil down

Oil prices were down around 2% on Tuesday as nerves continued to fray over the capability of OPEC to reach a meaningful deal to limit crude production at their official meeting on Wednesday.

The cartel’s technical committee was unable to reach a preliminary deal ahead late Monday with reports pointing to disagreements over Iran and Iraq’s production levels.

Furthermore, Russia confirmed Tuesday that it would not attend the official gathering in Vienna on Wednesday. Though Moscow does not belong to the cartel, there was some hope that reports that the Algerian and Venezuelan oil ministers who had traveled to the country’s capital on Monday could have persuaded collaboration.

 

3. U.S. data to be released

The first major economic reports of the week were set for release on Tuesday, after a light calendar a day earlier.

The second estimate of third quarter gross domestic product (GDP) will be out at 13:30GMT with consensus expecting a slight upward revision to 3.0% growth, from the initial reading of a 2.9% expansion.

Half an hour later, investors will gauge the S&P/Case-Shiller house price index for September to gauge the state of the real estate market.

Smack dab in the middle of the holiday season spending, the Conference Board will release its consumer confidence indicator for November at 15:00GMT.

 

4. Online sales show encouraging start to holiday season

After Black Friday showed record breaking online sales at the unofficial start of holiday season shopping, Cyber Monday also came through with what was unexpected to be all-time highs in revenue, according to Adobe Digital Insights (ADI).

As of 23:30GMT Monday, ADI expected online sales to have grown by 10.2% on Cyber Monday to a record-breaking $3.39 billion.

Total online sales from the November 24 to 27 period had increased 7.1% year-on-year to reach $36.5 billion.

ADI was expected to update the final totals for Cyber Monday later in the day.

 

5. Italy raise euro fears pushing currency lower

The chance that Italy would decide to follow in the footsteps of the U.K. and leave the euro zone hit a four-year high, according to a Sentix survey.

Italy will hold a referendum on Sunday to determine if Prime Minister Mateo Renzi could go ahead with constitutional reform to the Senate to facilitate passing legislation.

Surveys largely point to a “no” vote that could end in Renzi’s resignation and giving the opportunity to the anti-euro Five Star Movement populist group to take on a larger representation.

Concerns put pressure on the euro, leaving the single currency to lose ground against both the dollar and the pound on Tuesday.

 

 

 

 

Terms and Conditions

Terms and Conditions

Your access to and use to this website and the services contained therein (“Website” and “Services“, respectively) is subject to these terms and conditions (these “Terms”). By using this Website you (also: the “User“) agree to be subject to the Terms, which form a binding legal agreement between you and https://signalspremium.com/ (hereinafter “We” or “Us”).

We can, at any time, amend these Terms by posting a revised version on the Website. It is your responsibility to keep up to date on any such modifications, and your continued use of the Website and/or the Services will be your acceptance of any such modification. If you do not recognize the provisions of these Agreements, in their current form or as may be changed from time to time, your sole and exclusive recourse is to discontinue your use of the Website and the Services.

We do not, and do not, send you investment advice at any time, offer you to trade in financial instruments or provide you with any other investment services. Every information shown on the Website or otherwise given by us is offered as general information only and is not financial advice or personal recommendation. Such information does not take into account your personal circumstances, your financial condition, your investment goals or your needs. They also may not determine the suitability and appropriateness of any investment to you, and can not reflect whether it is genuinely acceptable or relevant to you.

Before making any investment or receiving any financial services from any person, you should consider carefully the suitability and suitability of such investment or services to your personal circumstances and needs, the merits of the relevant investment or service providers, and the applicable laws applicable to them. You will get independent and competent advice where appropriate, including but not limited to legal, tax, and financial advice.

You acknowledge and represent that any decision or action you take in connection with any investment or service is made on the basis of your own assessment of the merits or the relevant investment, strategy and service provider and we shall not be responsible or liable in any way for such decision or action you have taken. Nothing on the Website or the Services will replace your own evaluation, research and due diligence.

THE RISKS INVOLVED IN TRADING FINANCIAL INSTRUMENTS ARE VERY HIGH, YOU MAY LOSE YOUR ENTIRE INVESTMENT. DO NOT TRADE IN ANY FINANCIAL INSTRUMENTS IF YOU DO NOT UNDERSTAND, OR CANNOT AFFORD TO AKE, ALL RELEVANT RISKS. YOU SHOULD CAREFULLY ASSESS WHETHER YOUR FINANCIAL SITUATION AND TOLERANCE FOR RISK IS SUITABLE FOR TRADING IN ANY FINANCIAL INSTRUMENTS.

From time to time, we may authorize third parties to advertise their products or services on the Website, provide access to such products or services, or provide other information to our users about such third parties and their products or services. We may obtain compensation from third parties for the promotion of their services and products, whether or not such compensation is related to the amount of our users who use those services or products (or to the revenue produced by those third parties in connection with it). You are in no way obligated to buy all such services or goods that are provided by third parties via our Website, and your use of the Services is not dependent upon this. Any advertising, marketing materials, ties, etc. relating to the products or services of any third party does not constitute our approval thereof, and we shall bear no responsibility for purchasing the products or services of such third party in accordance with your preference.

We can not and will not open a trading account with any such third party to you, gain access to your trading accounts, or methods of payment. We can not and do not take any action either on your behalf or in your position, including but not limited to authorizing any transaction on your behalf or making any payment in or out of your trading accounts. Any and all trading activities shall be carried out by you alone at all times, with the relevant third-party service provider, website or platform that you are using, and shall not involve us in any way whatsoever.

YOU ARE SOLELY RESPONSIBLE TO ASSESS AND DETERMINE WHETHER ANY SERVICE PROVIDER, INVESTMENT TYPE, FINANCIAL INSTRUMENT, TRADING TECHNIQUE, TOOL OR STRATEGY IS SUITABLE FOR YOU. ANY SUCH DECISION SHALL BE MADE BY YOU, ACCORDING TO YOUR OWN JUDGEMENT, AND AT YOUR RISK. BY USING THE SERVICES YOU IRREVOCABLY WAIVE AND RELEASE US (AND OUR AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES AND REPRESENTATIVES) FROM ANY CLAIMS IN THIS REGARD.


Disclaimer of Warranties and Liabilities

Via our Services, we have a very wide range of information and comments. As a result of our staff’s diverse opinions, they may, from time to time, take action or issue recommendations regarding specific securities that are different from those taken or issued by other staff members, published on the Website or otherwise made available through our Services.

We do not guarantee that the material contained in our Services is complete or reliable, or that it is useful for any specific reason. And while we have the hardest-working, most talented techies in the business, we make no guarantees that you can receive our content or any of the Services on an uninterrupted, timely, safe, or error-free basis. We’re actually making no promises or assurances except that we’re going to do our best to provide interesting and helpful information, education, and entertainment. Nonetheless, we reserve the right to be incorrect.

What does all of that mean now? You accept that under no circumstances shall we, our associates, owners, administrators, workers or members, be liable to you or any third party for any direct, indirect, incidental, consequential, punitive or other damages resulting from your use of the Website and the Services or arising out of or in accordance with these Terms or the Privacy Policy, even if we have been advised This includes, but is not limited to, loss or damage caused in whole or in part by our negligence or by staff outside our control in the formation or delivery of any of our Services. Accordingly, you specifically agree to indemnify us and our associates, officers, directors, employees or representatives from all lawsuits relating to these damages, and you irrevocably and unconditionally pledge to indemnify us and our associates, officers, directors, employees or representatives for any costs that we might incur as a result of any such lawsuits, whether brought by you or by yourself.

EXCEPT WHERE OTHERWISE INAPPLICABLE OR PROHIBITED BY LAW, THE WEBSITE AND PRODUCTS AND SERVICES CONTAINED AND OFFERED ON THE WEBSITE ARE PROVIDED “AS IS” AND ON AN “AS AVAILABLE” BASIS. NEITHER WE NOR ANY OF OUR PARTNERS MAKE ANY WARRANTY THAT THE QUALITY OF ANY PRODUCTS, SERVICES, INFORMATION, OR OTHER MATERIAL PROVIDED THROUGH THE USE OF OUR SERVICES WILL MEET YOUR EXPECTATIONS OR THAT AND ANY ERRORS WILL BE IMMEDIATELY CORRECTED. NEITHER WE NOR ANY OF OUR PARTNERS MAKES ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, WITH RESPECT TO OUR WEBSITE, ANY CONTENT, OR ANY OF OUR SERVICES, TOOLS, PRODUCTS, OR PROPERTIES. YOU ACKNOWLEDGE THAT WE MAKE NO WARANTY OR REPRESENTATION AS TO EXPECTED FUTURE PERFORMANCE OR PROFITABILITY, AND YOU EXPRESSLY AGREE THAT YOU WILL ASSUME THE ENTIRE RISK INVOLVED IN TRADING IN FINANCIAL INSTRUMENTS, AND ANY SUCH TRADING DONE BY YOU IN RELIANCE ON ANYTHING IN THE WEBSITE OR SERVICES.

SignalsPremium™ team works very hard to provide the best possible signals for its registered users. SignalsPremium™ cannot guarantee the users and profits or losses by using the system and acting upon the signals provided. No information on this website should be considered as a promise to make money. The win potential and results of trading are the trader/user responsibility alone and his broker of choice. SignalsPremium™ does not take responsibility on any trader and/or broker on the website and outside it. In order to gain success in all types of trading, many variables must take place, SignalsPremium™ provide only one opinion and variable out of many. the information provided should never be referred as 100% success. There is no guarantee that you can replicate the success that shown on this web site or in that matter any other SignalsPremium™ user that may or may not recommended this website to you. All the information displayed on our website, including the signals, is based solely on our opinion. We should not be referred as an investing or finance advisers. Any capital invested by you is at risk.

Please publish modules in offcanvas position.