Analyst news

• EUR/USD Pressured as Fed/ECB Divergence Grows; Euro Steady Elsewhere

  08-11-2015 23:30
  
  While EUR/USD could see further downside pressure as markets continue to price in a December rate hike, other EUR-crosses may find some pause as investors seek to reexamine the central bank stimulus backdrop over the coming weeks.
  
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• Australia shares seen weighed by commodity slide, Fed rate risk

  08-11-2015 22:16 via news.yahoo.com
  
  Australian shares looked set for a weaker start on Monday, following an unimpressive closing on Wall Street and sliding commodity prices. Global miner BHP Billiton is expected to open sharply lower after ...
  
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• UAE market regulator appoints acting CEO -sources

  08-11-2015 17:11 via rocketnews.com
  (Adds Turifi resignation confirmation)DUBAI, Nov 8 (Reuters) – The board of the United ArabEmirates federal stock market regulator has appointed Obeid alZaabi as acting chief executive, three sources told Reuters,suggesting he is the lead candidate to take the rolepermanently. Zaabi is a reform-minded official expected to push throughplans including rules to allow companies to give employees stockoptions and to make it easier for strategic shareholders toraise or reduce their holdings, one
  
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• UAE stocks regulator board appoints acting chief executive -sources

  08-11-2015 12:44 via news.yahoo.com
  
  The board of the United Arab Emirates federal stock market regulator has appointed Obeid al Zaabi as acting chief executive to take over from Abdullah Al Turifi, who stepped down in October, three sources told Reuters on Sunday. Zaabi, who was deputy chief executive for licensing, supervision and enforcement at the Securities and Commodities Authority (SCA), was appointed as temporary head of the organisation on Thursday, three sources aware of the matter said, speaking on condition of anonymity
  
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• MIDEAST STOCKS-Saudi tests technical support, Egypt slides on rate outlook

  08-11-2015 09:45 via news.yahoo.com
  
  Saudi Arabia's stock market retested technical support and Egypt's market also dropped early on Sunday as the prospect of a U.S. interest rate hike loomed. The Saudi stock index dropped 1.1 percent to 6,883 points in the opening minutes, falling below its August low of 6,921 points. Money market rates have already been rising in the Gulf as liquidity shrinks because of lower oil revenues, and higher U.S. rates could intensify the simultaneous fiscal and monetary squeeze in the region.
  
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