ADVFN Newsdesk - Modest Weakness May Be Visible In Early Trading On Wall Street

[ADVFN]( [World Daily Markets Bulletin]( [Daily world financial news]( [Tuesday, 27 June 2017 09:30:11]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Forex]( [Boards]( Investing Signals Cut down on market noise and join the winning bunch. Medium to long term signals for forex, stocks, ETFs from Award-Winning Investor, Author & Professor at Baruch College in New York. [Click Here]( --------------------------------------------------------------- US Market [To view the charts please add newsdesk@advfn.com to your contact list] NYSE AMEX Dow Jones Nasdaq [NYSE]( [AMEX]( [Dow Jones]( [Nasdaq]( Please click on the images to view our interactive charts The major U.S. index futures are pointing to a modestly lower opening on Tuesday following the lackluster performance seen in the previous session. A drop by shares of Alphabet (GOOGL) may weigh on the tech-heavy Nasdaq, with the parent of Google sliding by 1.3 percent in pre-market trading. The downward momentum comes after Google was hit with a record $2.7 billion fine by European Union regulators over claims the company favored its own comparison-shopping service in search results. Stocks continued to show a lack of direction on Monday as traders seemed uncertain about the near-term outlook for the markets after the Dow and S&P 500 reached record highs last week. While the Nasdaq fell 18.10 points or 0.3 percent to 6,247.15, the Dow edged up 14.79 points or 0.1 percent to 21,409.55 and the S&P 500 inched up 0.77 points or less than a tenth of a percent to 2,493.07. On the U.S. economic front, new orders for U.S. manufactured durable goods fell by more than expected in the month of May, according to a report released by the Commerce Department. The report said durable goods orders tumbled by 1.1 percent in May after slumping by 0.9 percent in April. Economists had expected orders to drop by 0.6 percent. The bigger than expected decrease in durable goods orders was primarily due to a steep drop in orders for transportation equipment, which plunged by 3.4 percent in May after sliding by 1.8 percent in April. Excluding orders for transportation equipment, durable goods orders actually inched up by 0.1 percent in May after falling by 0.5 percent in April. Ex-transportation orders had been expected to rise by 0.5 percent. Most of the major sectors showed modest moves on the day, contributing to the lackluster performance by the broader markets. --------------------------------------------------------------- CannaInvestors Hub Magazine - Research for Cannabis Investors [Subscribe for Free to the May 2017 issue]( Featured Companies include HelloMD, AEssenseGrows, MCig, Inc, Grow Condos, Novus Acquisition and Dev, Naturally Splendid Ent Ltd, AusCann Group Holdings. [Click Here]( --------------------------------------------------------------- US Economic Reports [To view the charts please add newsdesk@advfn.com to your contact list] CADUSD Oil Gold Allbanc [CADUSD]( [Oil]( [Gold]( [Allbanc]( Please click on the images to view our interactive charts At 10 am ET, the Conference Board is scheduled to release its report on consumer confidence in the month of June. The consumer confidence index is expected to drop to 116.7 in June from 117.9 in May. Philadelphia Federal Reserve President Patrick Harker is due to speak on the economic outlook and international trade at the European Economics & Financial Centre Distinguished Speakers Seminar in London at 11:15 am ET. At 1 pm ET, Fed Chair Janet Yellen is scheduled to discuss global economic issues in a conversation with Lord Nicholas Stern, President of the British Academy, in London. The Treasury Department is also due to announce the results of its auction of $34 billion worth of five-year notes at 1 pm ET. At 5:30 pm ET, Minneapolis Fed President Neel Kashkari is scheduled to participate in a town hall in Houghton, Michigan. --------------------------------------------------------------- The Cannabis Industry Annual Report 2017 Gain access to the latest business intelligence and stay on top of the rapidly changing cannabis industry with The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook. [Click Here]( --------------------------------------------------------------- Europe markets European stocks are trading lower on Tuesday as a planned 4.1 billion euro private equity takeover of drug maker Stada proved unsuccessful and General Motors (GM) lowered its outlook for U.S. new vehicle sales in 2017. Regional markets recouped some early losses after the Bank of England released its latest financial stability report and said banks have to raise their capital requirements to cover potential losses in the event of a financial downturn. Meanwhile, ECB President Mario Draghi said in a speech at a conference in Sintra, Portugal, that a considerable degree of monetary accommodation is still required for underlying inflation pressures to build up. Investors also looked ahead to Federal Reserve Chair Janet Yellen's speech later in the day for additional clues on whether the U.S. central bank will hike rates going forward. While the U.K.’s FTSE 100 Index has dipped by 0.2 percent, the German DAX Index is down by 0.7 percent and the French CAC 40 Index is down by 0.8 percent. Stada has tumbled after private equity groups Bain Capital and Cinven failed to secure enough shareholder acceptances to take over the German generic drug maker. Department store Debenhams has also come under pressure after it reported falling sales in the 15 weeks to June 17th amid volatile trading, sparking fears about a slowdown in consumer spending. --------------------------------------------------------------- THE LARGEST CANNANIS MARKETPLACE SOON TO LAUNCH - INVEST NOW HelloMD, the largest medical cannabis community and the most trusted brand in cannabis is soon to be come the largest marijuana product marketplace. Invest now and join the ride as they embark on their next phase. REG-CF Crowd Fund entry: NOW OVERSUBSCRIBED. REG-D entry for accredited investors: STILL OPEN. [More Information here.]( --------------------------------------------------------------- Asia markets [To view the charts please add newsdesk@advfn.com to your contact list] USDCAD USDEUR USDGBP USDJPY [USDCAD]( [USDEUR]( [USDGBP]( [USDJPY]( Please click on the images to view our interactive charts Asian stocks turned in a mixed performance on Tuesday as investors looked ahead to Federal Reserve Chair Janet Yellen's speech later in the day for additional clues on whether the U.S. central bank will hike rates going forward. While a weaker yen helped exporters rise in Japan, solid industrial profits data supported underlying sentiment in China. ECB President Mario Draghi talked up the benefits of the ECB's easy monetary policy and crude oil futures rose for a fourth consecutive session on Tuesday, helping limit regional losses. Chinese shares rose after official data showed profit growth in China's industrial sector picked up speed in May, adding to signs of stability in the world's second-largest economy. The benchmark Shanghai Composite Index rose 6.07 points or 0.2 percent to 3,191.51, while Hong Kong's Hang Seng Index edged down 31.90 points or 0.1 percent to 25,839.99. Japanese shares rose for a third straight session as the dollar hit its highest level against the yen in nearly five weeks ahead of Yellen's speech. The Nikkei 225 Index rose as high as 20,250.10 before closing 71.74 points or 0.4 percent higher at 20,225.09. The broader Topix Index climbed 0.4 percent to finish at 1,619.02. JFE Holdings and Nippon Steel & Sumitomo Metal Corp jumped around 3 percent each on a brokerage report highlighting that steel prices are turning up after bottoming in early June. Nintendo shares fluctuated before closing roughly flat after the company announced it would release a SNES Classic at the end of September. Toshiba dropped 1.7 percent after delaying the release of its long-overdue earnings. Australian shares ended marginally lower after three days of gains. The benchmark S&P/ASX 200 Index dipped 6 points or 0.1 percent to 5,714.20, while the broader All Ordinaries Index closed 5.90 points or 0.1 percent lower at 5,752.50. Rio Tinto rose half a percent after the mining giant confirmed that it would back Yancoal's offer over Glencore for its NSW coal operations because of higher value and greater transaction certainty. Smaller rival Fortescue Metals Group rallied 3.8 percent. Gold miner Evolution dropped 1.3 percent as the price of the precious metal lingered at a six-week low. Vitamin maker Blackmores slumped 4.4 percent after announcing the retirement of its CEO and MD Christine Holgate. Energy stocks fell broadly despite oil prices edging higher overnight. Lender ANZ rose 1 percent and Commonwealth added 0.7 percent while rivals NAB and Westpac ended on a flat note. --------------------------------------------------------------- Leaked tax return reveals secret to pocketing $460,164... Official tax return reveals how one trader nabbed annual gains of 228%, 309% and 339%. His tax return was released online, exposing this simple trading technique used to pocket nearly half a million in profits. [Click here to see the official tax return before it is deleted...]( --------------------------------------------------------------- Currency and Commodities Markets Crude oil futures are climbing $0.53 to $43.91 a barrel after rising $0.37 to $43.38 a barrel on Monday. Meanwhile, after falling $10 to $1,246.40 an ounce in the previous session, gold futures are rising $3.70 to $1,250.10 an ounce. On the currency front, the U.S. dollar is trading at 111.96 yen compared to the 111.86 yen it fetched at the close of New York trading on Monday. Against the euro, the dollar is valued at $1.1280 compared to yesterday’s $1.1182. --------------------------------------------------------------- 7 Shocking Forecasts for 2017 [There's no question that America is in trouble: Startling report reveals the terrifying truths that Washington doesn't want you to know & the actions to take NOW to protect your family through the chaos ... FREE]( --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here](. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49