Market News Briefing – Aug 18th 2016 13:30 (GMT+1)

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Wal-Mart beat the forecasts:

The US retail giant Wal-Mart today raised the annual profit forecast after recorded a financial results which were better than expected – $1.07 per share, five cents more than analysts’ forecasts on revenue of $120.9 billion, for the second quarter of the year.
Wal-Mart jumped by 3% in trading before the opening of Wall Street and will open the regular trading hours at the peak of 15 months.

Trading opportunity 10:00 (GMT+1)

Coca Cola

On a daily chart we can see that the price of the share went down yesterday by 1.51%.
This fall came after the share was halted at a resistance line.

coca cola d 27.7.16
With the decline, the average of the RSI indicator crossed down his 50 line.

For Forex traders:
Sell between the levels of : 45.00 – 44.80.
Stop loss point : 45.20.
Take profit point : 43.80.

For Binary options traders:
A put option between the levels of : 45.00 – 44.80.
Expiry time : end of the day, July 31

Market News Briefing – 07:30 (GMT+1)

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Twitter crashed by 10% due to a disappointing forecast

Twitter share went down yesterday by more than 10% after-hours trading on Wall Street, after the social media company provided disappointing revenue forecast for the current quarter.
The Company expects to record in the third quarter a revenues of 590-610 million, far less than the analysts who estimated revenues of $ 690 million.

McDonald’s shares fell by 4.5% after the fast-food chain reported on a quarterly revenue and profits are lower than expected.