Analyst news

• Strong payrolls lift retailer hopes further

  06-11-2015 22:52 via news.yahoo.com
  
  By Rodrigo Campos NEW YORK (Reuters) - Against the backdrop of a strengthening labor market, retailers are set to report earnings next week and could help the consumer sector regain the leadership lost to technology in the latest market rally. "The consumer should be feeling pretty good heading into the last couple of the months of the year," said Sean Lynch, co-head of global equity strategy at Wells Fargo Investment Institute in Omaha. "We think we could be set up for a little bit of a (stock
  
  Read more

• Insight - U.S. bank merger recovery could get hurt by recent turkeys

  06-11-2015 22:40 via news.yahoo.com
  
  By Dan Freed and Dan Wilchins NEW YORK (Reuters) - The recent pickup in U.S. bank merger activity could slow down in the coming months after regional banks that announced deals last week were punished in the stock market, bankers said. When KeyCorp said on Friday that it agreed to buy First Niagara Financial Group, shares of both banks dropped fell, with KeyCorp dropping 7 percent and First Niagara slipping nearly 1 percent. When New York Community Bancorp agreed to buy Astoria Financial Inc, th
  
  Read more

• Wall Street flat as rate hike eyed; banks counter utilities drop

  06-11-2015 22:37 via news.yahoo.com
  
  U.S. stocks ended little changed on Friday, with a rise in financials countered by a slide in utilities and other sectors, as Wall Street took the strong U.S. jobs report as evidence the Federal Reserve will soon raise interest rates. Data on Friday showed U.S. non-farm payrolls growth in October was the best since December 2014, while the unemployment rate fell to 5 percent, the lowest since April 2008.
  
  Read more

• Wall St. flat as rate hike eyed; banks counter utilities drop

  06-11-2015 22:37 via news.yahoo.com
  
  (Reuters) - U.S. stocks ended little changed on Friday, with a rise in financials countered by a slide in utilities and other sectors, as Wall Street took the strong U.S. jobs report as evidence the Federal Reserve will soon raise interest rates.
  
  Read more

• Advertisement

• US STOCKS-Wall St flat as rate hike eyed; banks counter utilities drop

  06-11-2015 22:36 via news.yahoo.com
  
  U.S. stocks ended little changed on Friday, with a rise in financials countered by a slide in utilities and other sectors, as Wall Street took the strong U.S. jobs report as evidence the Federal Reserve ...
  
  Read more

• GBP/USD - No Material Support Until below April Low

  06-11-2015 21:21
  
  In line with the broader trend, 9 months of sideways trade in GBP/USD has resolved to the downside. Focus is on the lower parallel supports that cross lows over the last several years
  
  Read more

• Wall St. banks zone in on December for Fed liftoff: Reuters poll

  06-11-2015 20:27 via news.yahoo.com
  
  Wall Street's top banks expect the Federal Reserve to raise interest rates in December, and most brokerages said their conviction around such a move had increased in the last month, according to a Reuters poll conducted on Friday. A double-whammy of the Fed specifically referencing a possible move in December at its last meeting, and Friday's blowout jobs data that showed notable wage growth and a drop in unemployment, has made a rate hike seem much more likely than just a couple of weeks ago. F
  
  Read more

• Wall Street banks zone in on December for Fed liftoff: poll

  06-11-2015 20:16 via news.yahoo.com
  
  Wall Street's top banks expect the Federal Reserve to raise interest rates in December, and most brokerages said their conviction around such a move had increased in the last month, according to a Reuters poll conducted on Friday. A double-whammy of the Fed specifically referencing a possible move in December at its last meeting, and Friday's blowout jobs data that showed notable wage growth and a drop in unemployment, has made a rate hike seem much more likely than just a couple of weeks ago. F
  
  Read more

• Advertisement

• Gold Price Plunges Towards 5 Year Lows

  06-11-2015 19:41
  
  Gold Prices could head back towards 5 year lows as retail sentiment has shifted dramatically. Elliott wave analysis suggests higher probability of continued selling too.
  
  Read more

• London close: Footsie undecided as chances of December Fed hike rise

  06-11-2015 19:18 via rocketnews.com
  LONDON (ShareCast) – (ShareCast News) – Volatility on Wall Street in the aftermath of Friday´s jobs report rippled across the Atlantic, leading to sharp intraday swings in the top flight index – albeit within a tight range – as the US dollar strengthened and commodity prices took a hit, weighing on related shares.The Footsie ended the day with marginal losses, off by 11.07 points to 6,353.83 points with a sharp rise in US Treasury debt yields knocking the pound 0.96
  
  Read more

• Renault board agrees to further talks in French standoff

  06-11-2015 19:02 via rocketnews.com
  By Laurence Frost and Gilles GuillaumePARIS (Reuters) – Renault’sboard failed on Friday to resolve an escalating power struggle with the French state over the carmaker’s alliance with Nissan <7201.T>, agreeing to back further talks in a bid to end the standoff. Renault called the emergency board session amid an increasingly open conflict between Chief Executive Carlos Ghosn and Economy Minister Emmanuel Macron, triggered by the government’s surprise move in April to
  
  Read more

• After HomeAway, fewer options to bet directly on sharing economy

  06-11-2015 18:49 via rocketnews.com
  SAN FRANCISCO, Nov 6 (Reuters) – It (Other OTC: ITGL – news) is about to get evenharder for stock market investors to make direct bets on the
  small but fast-growing sharing economy that has gained attention
  from the runaway success of Uber and Airbnb. Expedia(NasdaqGS: EXPE – news) ‘s deal to buy vacation rental site HomeAway
  Inc (LSE: 0M50.L – news) for about $3.9 billion, unveiled Wednesday, will
  shorten an already modest list of publicly-traded companies
  focused
  
  Read more

• Dollar, bond yields rise after strong U.S. jobs data

  06-11-2015 17:24 via rocketnews.com
  
  By David GaffenNEW YORK (Reuters) – The dollar jumped more than 1 percent to a 7-month high and short-term benchmark U.S. bond yields rose to their highest in five years on Friday, after stronger-than-expected jobs data left investors expecting the first rise in U.S. interest rates in almost a decade next month. Wall Street dipped modestly, rebounding from earlier losses, a sign that investors have grown comfortable with the idea that the Fed will raise rates before the end of the year. Th
  
  Read more

• While markets tumbled in the summer, many savers held tight

  06-11-2015 16:55 via rocketnews.com
  NEW YORK (AP) — When fear was pumping through the stock market this summer, most retirement savers kept their cool.So say figures from Fidelity, which could see how individual investors in general behaved by looking at its 13.5 million 401(k) and 6 million IRA accounts as stocks tumbled in New York, Shanghai and places in between during the turbulent third quarter. The Standard & Poor’s 500 index sank more than 10 percent within a week during August, driving the index to its wors
  
  Read more

• Doubters question ‘strange’ stock market rebound

  06-11-2015 16:54 via rocketnews.com
  By Alistair Smout and Danilo MasoniLONDON/MILAN (Reuters) – The double-digit stock-market rebound after a bruising summer has put European shares back into positive territory for the year, but sentiment around the central-bank-fueled rally remains fragile.
  Weak trading volumes, a so-far disappointing earnings season and a focus on reliable dividend payouts rather than blockbuster growth have all contributed to the view that investors are being sucked into a market updraft rather than enthu
  
  Read more

• Blowout NFP Primes for December Rate Hike (Maybe For Real This Time)

  06-11-2015 15:51
  
  The print that the world has been waiting for just got put into ink, and now December is looking primed for that first US rate hike in nine years.
  
  Read more

• Valeant says Goldman Sachs sold 1.3 million shares backing loan to CEO

  06-11-2015 15:43 via news.yahoo.com
  
  Valeant Pharmaceuticals International said on Friday that Goldman Sachs sold 1.3 million shares of Valeant on Nov. 5 that were securing loans made to its CEO Michael Pearson. The company was responding after one of its biggest shareholders, Bill Ackman, told the Wall Street Journal he had suggested to a Valeant board member that Pearson might have to go. Valeant's shares rose 4 percent in premarket trading on Friday following the disclosure that Goldman Sachs had sold shares on Thursday.
  
  Read more

• Dollar surges after forecast-busting US payrolls figures

  06-11-2015 15:02 via rocketnews.com
  LONDON (AP) — Forecast-busting U.S. jobs figures gave stock markets in Europe a lift Friday, though Wall Street futures were more volatile. The dollar was a big gainer following the figures as traders priced in a growing likelihood of an interest rate increase in December from the U.S. Federal Reserve, which would be its first hike in more than nine years.
  KEEPING SCORE: In Europe, the major indexes came off lows after the figures. Germany’s DEAX was the best-performer, rising 0.5 p
  
  Read more

• EUR/USD Slammed, USD/JPY Surges as October NFPs Crush Expectations

  06-11-2015 14:54
  
  Mark your calendar for December 16: markets are saying the Federal Reserve’s first rate hike is coming.
  
  Read more

• Silver Prices are Treading Water Ahead of the NFP Announcement

  06-11-2015 14:16
  
  Working with the idea that a stronger than expected NFP outcome will boost the Dollar, I think it would be reasonable to expect a break below $14.91, with traders targeting $14.80 and $14.70 in case of an extension
  
  Read more

• XAU/USD: waiting for NFPR

  06-11-2015 13:37 via liteforex.com
  Forex analytics: Current trendToday the XAU/USD pair corrected from previous lows.The pair was supported by poor data on Jobless Claims for the last week of October in the US that came out at 276 thousands instead of forecasted 264 thousands.In addition, investors are being cautious prior to the publication of the most important data on the Nonfarm Payrolls in the US at 3:30 pm (GMT +2). According to ...
  
  Read more

• Trade Setups in EUR/USD, USD/JPY, USD-pairs for October NFPs

  06-11-2015 13:00
  
  Anything north of +150K could be enough to convince markets a December rate hike remains on track.
  
  Read more

• EUR/USD: ahead of US labor market statistics

  06-11-2015 12:49 via liteforex.com
  Forex analytics: Current trendSince mid-October, the EUR/USD pair has been declining amid growing demand for the USD and weak EU macroeconomic statistics. This week, Germany's Services PMI came in below the forecast. Moreover, EU Retail Sales declined by 0.1%, while a 0.2% growth had been expected.Today, despite of a fall to -1.1% in Germany's Industrial Production indicator against a +0.5% forecast, the ...
  
  Read more

• Paul Ryan: New House Speaker, Same Old GOP Favors for Wall Street

  06-11-2015 12:00 via news.yahoo.com
  
  Christmas seems to come earlier every year. In fact, it came this week to the House of Representatives, as they passed their version of a $325 billion, six-year transportation bill. Under the stewardship of new Speaker Paul Ryan, the highway bill became a Christmas tree, and the ornaments were giant gifts to the financial industry.
  
  Read more

• USD/CHF: pair is growing

  06-11-2015 11:52 via liteforex.com
  Forex analytics: Current trendThe USD/CHF pair continues growing.The pair is pressured by strengthening US Dollar and poor macroeconomic statistics from Switzerland. Data on the SECO Consumer Climate for the fourth quarter of the year came out substantially lower than its forecasts at -18 points, against expected -14 points. Furthermore, Real Retail Sales in September amounted to only 0.2%. Thus, inflation in ...
  
  Read more

• GBP/USD Shrugs Off Better Than Expected Trade Balance

  06-11-2015 11:51
  
  The Pound was little changed versus the US Dollar after today’s better than forecasted trade balance data, as BoE still in focus
  
  Read more

• China resumes IPOs as stock market revives

  06-11-2015 11:47 via news.yahoo.com
  
  By Xiaochong Zhang and Nathaniel Taplin BEIJING/SHANGHAI (Reuters) - China's securities regulator said on Friday it would allow the resumption of initial public offerings in China, lifting a suspension put into effect in July as regulators desperately tried to slow a devastating stock market crash. China Securities Regulatory Commission (CSRC) spokesman Deng Ge made the announcement at a weekly news conference in Beijing. The CSRC said that 28 companies which had seen their already-approved list
  
  Read more

• DAX 30: NFP Outcomes and Its Influence On The DAX

  06-11-2015 11:27
  
  Today is Non-Farm Payrolls day and the DAX is set to move a great deal following the outcome, but exactly how the market will react is unfortunately random. See our results.
  
  Read more

• China slaps restrictions on 7 securities and futures institutions

  06-11-2015 10:56 via rocketnews.com
  SHANGHAI, Nov 6 (Reuters) – China’s stock market regulatorsaid on Friday it would restrict operations of seven securities
  and futures institutions. Deng Ge, the spokesman of the China Securities Regulatory
  Commission (CSRC), said that it decided to suspend seven
  institutions from opening new accounts for investors for a
  month, including China Galaxy Securities and Shenwan
  Hongyuan Securities Group. Four other fund-related companies were ordered to stop their
  asset management business
  
  Read more

• Allianz earnings down as asset management, insurance hit

  06-11-2015 10:52 via rocketnews.com
  FRANKFURT (Reuters) – German insurer Allianz SE posted a larger than expected 15 percent decline in net profit in the third quarter, as financial market turbulence hit asset management and insurance results.Its shares were indicated down 1.4 percent against a flat German blue chip index. Quarterly net profit of 1.4 billion euros was below the lowest forecast of 1.44 billion in a Reuters poll of banks and brokerages, hit by turbulent financial markets and a rise in damage claims for natural
  
  Read more

• Brit Faces £1m Stock Fraud Case In US

  06-11-2015 10:43 via rocketnews.com
  A British man has been accused in California of using Twitter to manipulate stock market values for his own financial gain. A federal grand jury in San Francisco indicted James Alan Craig, who is 62 and from Duragit near Stranraer, on fraud charges. They allegehe sent false Tweets that two companies were facing fraud inquiries – resulting in their stock prices plunging.He is accused of then buying shares in the firms – sound technology company Audience and Washington-based
  
  Read more

• China securities regulator says to resume IPOs

  06-11-2015 10:39 via news.yahoo.com
  
  BEIJING/SHANGHAI (Reuters) - China's securities regulator said on Friday it would allow the resumption of initial public offerings in China, lifting a suspension put into effect in July as regulators desperately tried to slow a devastating stock market crash. China Securities Regulatory Commission (CSRC) spokesman Deng Ge made the announcement at a weekly news conference in Beijing. The CSRC said that 28 companies which had seen their already-approved listings halted by the freeze would be the f
  
  Read more

• Why Earnings Are Set To Ignite At AstraZeneca plc, Imperial Tobacco Group PLC, Old Mutual plc And Mondi Plc

  06-11-2015 10:29 via news.yahoo.com
  
  Royston Wild discusses the delicious growth potential of AstraZeneca plc (LON: AZN), Imperial Tobacco Group PLC (LON: IMT), Old Mutual plc (LON: OML) and Mondi Plc (LON: MNDI).
  
  Read more

• EUR/USD Technical Analysis: Bounce May Yield Short Trade

  06-11-2015 10:26
  
  The Euro paused to digest losses against the US Dollar after prices dropped to the lowest level in over three months as traders await US employment data for direction cues.
  
  Read more

• FTSE 100: What Do Correlation Studies Say About The FTSE 100?, NFP On Tap

  06-11-2015 10:20
  
  U.S. Non-Farm Payrolls are on tap today and a Bloomberg News survey forecasts that the outcome will be 185K and ideally the outcome will generate a break to the 6255-6487 range for the FTSE 100.
  
  Read more

• AUD/USD Technical Analysis: Rebound Fizzles Near 0.72 Mark

  06-11-2015 09:40
  
  The Australian Dollar is treading water having bounced as expected against its US counterpart, waiting for direction cues from key event risk by way of US employment data.
  
  Read more

• EUR/GBP: recovery at the end of the week

  06-11-2015 09:36 via liteforex.com
  Forex analytics: Current trendOn Thursday, the EUR/GBP pair managed to strengthen as the GBP was under pressure after the Bank of England meeting.As expected, current monetary policy in the UK was kept unchanged. At the same time, the BoE lowered its economic forecasts for 2015-2016 and noted a negative impact of the expensive GBP on the pace of inflation recovery. According to the BoE, a rate hike is to be ...
  
  Read more

• EUR/GBP Technical Analysis: Euro Rallies Most in 7 Weeks

  06-11-2015 09:22
  
  The Euro surged upward against the British Pound, with prices producing the largest single day advance in seven weeks.
  
  Read more

• "Bring a friend 2.0": the winners of the 4th stage to be announced

  06-11-2015 09:20 via liteforex.com
  
  LiteForex's News: Dear participants of the Bring a friend 2.0 program, Your indefatigable 3-month fight for the prizes didn’t go unnoticed.As you were contending for the title of the best, our cumulative prize fund exceeded 20 thousand dollars.The draw took place on 31.10.11.2015 and we are proud to introduce you to the winners list of the program's fourth stage! The list of the winners engraved in the ...
  
  Read more

• GBP/USD: Pound is weakening after Bank of England meeting

  06-11-2015 09:11 via liteforex.com
  Forex analytics: Current trendYesterday the GBP significantly fell after statements from the Bank of England that showed regulator’s willingness to continue with monetary policy easing.The BOE lowered its economic forecasts for this and the next year and mentioned negative effects of the strong Pound on inflation in the country that remains well below its targets. The regulator hinted that the earliest ...
  
  Read more

• EUR/USD 1.0800 Support at Risk on Strong U.S. Non-Farm Payrolls (NFP)

  06-11-2015 09:00
  
  An upbeat U.S. Non-Farm Payrolls (NFP) report may spur a further decline in EUR/USD as it boosts speculation for a December Fed rate-hike.
  
  Read more

• Gold Sell-Off as Bar Lowers on Employment; Oil Drops on Cushing Build

  06-11-2015 08:16
  
  Gold sold-off while expectation lowers on an acceptable NFP. Oil drops with Cushing draw turning to a build. Copper weighed by China growth
  
  Read more

• News of the day. Friday 06.11.2015

  06-11-2015 07:54 via liteforex.com
  Forex analytics: The most important publication of Friday is going to be the data on the US labour market. Prior to that, however, data on Industrial Production for September is due in Germany at 9 am (all times stated in GMT +2). On a month-to-month basis, the index is expected to grow from -1.2% to 0.5%. On a year-to-year basis, the index will probably rise as well, just not as strong as in September when it ...
  
  Read more

• US Dollar Response to Jobs Data May Be Clouded by Risk Trends

  06-11-2015 07:48
  
  The US Dollar may produce a mixed response to much-anticipated US employment data as risk trends muddy the data’s implications for Fed rate hike bets.
  
  Read more

• Pfizer-Allergan deal would set up U.S. company for a split

  06-11-2015 07:45 via news.yahoo.com
  
  A Pfizer Inc merger with Ireland-based Allergan , in addition to providing tax benefits, would bolster the U.S. drugmaker's growth prospects should it decide to sell or spin off its portfolio of products that have gone off patent. Many Wall Street analysts believe Pfizer will decide to split late next year, after compiling three years of financial data treating its "established products" division, which sells generic medicines, and its "innovative" patent-protected medicines unit, as if they wer
  
  Read more

• China stocks set for third day of gains, Hong Kong slips on U.S. rate worry

  06-11-2015 05:39 via news.yahoo.com
  
  China's stocks rose for a third day on Friday, but gains were largely capped as investors took profit in blue chip companies after the market rallied to 2-1/2 month highs this week. "Retail investors took profit and sold shares of securities, banks and other blue chip companies, which weighed on the composite index," said Tian Weidong, an analyst at Kaiyuan Securities in Xian. "Yet the correction seemed modest, indicating the overall market sentiment is warming." The mainland stock market has ga
  
  Read more

• Singapore Airlines announces Tigerair takeover bid

  06-11-2015 05:35 via news.yahoo.com
  
  Singapore Airlines (SIA) on Friday announced a full takeover bid for its struggling budget carrier subsidiary Tigerair and vowed to redevelop it as an integral part of the group's portfolio. SIA currently owns 55.8 percent of Tigerair and the "voluntary conditional general offer" is for the shares it does not already own valued at around Sg$453 million ($322 million). SIA said it intends to delist the low-cost carrier from the stock market.
  
  Read more

• Will US Employment Report Resolve Heavy Fed Speculation, Dollar Trend?

  06-11-2015 05:02
  
  The tension is clear. The Dollar is within reach of a more-than-decade high, rate speculation has intensified dramatically and one of the market’s most galvanizing event risks is schedule for release…
  
  Read more

• Fed Commentary Doesn’t Offer Definitive Dollar Move Before NFPs

  06-11-2015 04:05
  
  The US Dollar absorbed moderately hawkish remarks from both Fed Vice Chair Fischer and Atlanta Fed President Lockhart, but the weight of the forthcoming Friday NFPs kept trends under wraps.
  
  Read more

Follow @news_analyst on Twitter!