Wednesday, June 29, 2016

Strategy Video: Wading Back into Pound Trading Post-Brexit Forex News by DailyFX

Published on 28 Jun 2016
Talking Points:

• The Brexit vote caused unprecedented volatility for GBP/USD and the Pound last week
• Trading through the vote was extremely risky and was unfit for any but those with the highest risk tolerance
• Conditions are normalizing and Sterling trading is more reasonable, but caution is still necessary

Read the full article here:
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WTI Crude Oil and Natural Gas Forecast June 29, 2016: DailyForex

Published on 28 Jun 2016
The WTI Crude Oil market rose during the day on Tuesday, as most risk assets got a bit of a boost during the day. With this, it’ll be interesting to see how things play out today with the inventory numbers coming out but it has to be noted that we did break above the highs from the previous session. That’s a fairly bullish sign and the fact that we cleared the $48 level also show signs of strength. The 50 day exponential moving average, pictured in red on this chart, seems to have offered bullish pressure. At this point in time, I think it will be fairly choppy but it looks as if the buyers are starting to step in and assert their will again. A move below the $46 level would be very negative.
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#UK - Sir Richard Branson Wants A Second EU Referendum: Good Morning Britain

Published on 28 Jun 2016
Subscribe now for more! http://bit.ly/1NbomQa
Broadcast on 28/06/2016
Sir Richard Branson and Tyra Banks talk about Brexit.
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#UK - PM Cameron bows out at 'final EU summit': euronews (in English)

Published on 28 Jun 2016
British Prime Minister David Cameron has bowed out of his final Eu summit by urging his successor to forge strong ties with the bloc.

"This is a sad night for me," says Cameron. "I threw myself in, head, heart and soul. And I didn’t succeed."

"While we seek the best possible partnership that we can after leaving the European Union, it is impossible to have all of the benefits of memberships, without some of the costs of membership. That is something the next government is going to have to thin…

READ MORE : http://www.euronews.com/2016/06/29/uk...
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#USA - Two Trains Collide Head On: ABC News

Published on 28 Jun 2016
The horrific high-speed collision happened near Panhandle, Texas.
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Tuesday, June 28, 2016

BREAKING NEWS - Ataturk airport explosions #AtaturkAirport #Istanbul

 Live https://www.periscope.tv/TURKEYottoman/1ypKdnNMnOvJW
Turkey Istanbul: Explosions and gunfire rock Ataturk airport
BBC News‎ - 3 mins ago
At least two explosions and gunfire have rocked Istanbul's Ataturk airport, with reports of ...
Turkey Istanbul: Blast and gunfire heard at Ataturk airport - BBC News
BBC News‎ - 9 mins ago
Explosion reported at Istanbul's Ataturk airport - Middle East News
Haaretz‎ - 15 mins ago
More news for explosions at istanbul airport











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U.S. Job Growth Helping Lift ADP Shares: TheStreet

Published on 28 Jun 2016
Shares of ADP are up 2.5% thus far in 2016, far better than the 1% drop in the S&P 500. The payroll provider has outperformed the index over the last two, five and ten year periods as well. Jan Siegmund, CFO of ADP, said the job expansion of the past few years provides a nice tailwind, but is not the sole basis for the company's success. 'Our clients are growing and that helps us in our revenue growth,' said Siegmund. 'Not much as one would think as only 1% of our 9% organic revenue growth is driven by the growth of our clients, but our clients have enjoyed job growth of 2% to 3% in the last few years.' ADP pays more than 24 million people in the U.S., or 1 in 6 workers. ADP has distributed the ADP National Employment Report (NER) free for the last decade. As opposed to the U.S. Bureau of Labor Statistics (BLS) employment reports, ADP said its accuracy centers on the fact that its report is based on actual payroll data, not survey data. The BLS counts employees 'when they are paid' while ADP counts employees 'listed as active on an employer's payroll.' 'In some months we are spot-on and in other months we differ slightly, but overall the difference is nominal and shows the NER is an accurate,' said Siegmund. During the last 10 years, ADP has reported that the share of manufacturing jobs has declined from 12% to 10%. Regionally, job growth has shifted away from the Northeast and Midwest to the South and West, according to ADP. Furthermore, small companies with fewer than 50 employees that survived the recession have fared better in the labor market than companies employing 500 people or more. Siegmund said it has taken 10 years for the labor market to attain full employment again. Over the last five years, average monthly job growth has been just about 200,000. Also, ADP said there is evidence that wage growth is picking up as the economy gets close to full employment. The tech and information sector has thriving workforces, but overall employment growth within the sector was flat last quarter. As a result, these workers were able to exploit this and managers were forced to compete for a limited number of workers.

http://www.4-traders.com/AUTOMATIC-DATA-PROCESSING-11713/
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