Analyst news

• U.S. pursuing criminal cases against RBS, JPMorgan executives: WSJ

  17-11-2015 23:05 via news.yahoo.com
  
  (Reuters) - Federal prosecutors are pursuing criminal cases against executives from the Royal Bank of Scotland Group and JPMorgan Chase & Co for allegedly selling flawed mortgage securities, the Wall Street Journal reported on Tuesday, citing unnamed sources. Prosecutors are scrutinizing a $2.2 billion deal that repackaged home mortgages into bonds in 2007 at RBS and two people who worked on a different residential-mortgage deal at JPMorgan, the Journal said. JPMorgan, RBS and Department of
  
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• Wall Street gives up gains after Germany bomb scare

  17-11-2015 22:32 via news.yahoo.com
  
  All three major U.S. indexes had ventured into positive territory following upbeat earnings reports from Wal-Mart and Home Depot . Despite the broad market's reversal, Wal-Mart ended 3.54 percent higher and Home Depot climbed 4.42 percent, pushing the S&P 500 retail index up 1 pct. The healthy quarterly performance of Wal-Mart and Home Depot stood in contrast to results from department stores Macy's and Nordstrom last week that sent some retail stock sharply lower. "There's a shift in consum
  
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• The Carnage Continues in Gold Prices, and You Have 3 Choices

  17-11-2015 22:01
  
  Gold is in the midst of a profound run: The metal is down more than ten percent in the last month, and we've just set a new 5.5-year low. What's next?
  
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• NZD/USD Drops Into September High- Bearish Sub 6588

  17-11-2015 21:44
  
  Kiwi is testing support within the confines of a well-defined channel formation. Here are the updated targets & invalidation levels that matter.
  
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• USDCAD Technical Analysis: Big Test at September 29th Range

  17-11-2015 21:01
  
  USDCAD and WTI Crude Oil appear set to print fresh Multi-Year extremes.
  
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• Wall Street higher after retail earnings

  17-11-2015 19:20 via news.yahoo.com
  
  U.S. stocks rose on Tuesday as better-than-expected earnings from Wal-Mart and Home Depot allayed some concerns about consumer spending ahead of the holiday shopping season. Wal-Mart , up 4.5 percent at $60.50, and Home Depot , 3.8 percent higher at $125.48, provided the biggest boost to the Dow and the S&P. Positive results from the big-box retailers lifted the S&P 500 retail index by 1.35 pct. Home Depot rival Lowe's , which reports on Wednesday, was up 2.9 percent, and Target 1.6 perc
  
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• Wall St. higher after retail earnings

  17-11-2015 19:19 via news.yahoo.com
  
  (Reuters) - U.S. stocks rose on Tuesday as better-than-expected earnings from Wal-Mart and Home Depot allayed some concerns about consumer spending ahead of the holiday shopping season.
  
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• AUD/USD Outlook Mired by Bearish Channel Despite Wait-and-See RBA

  17-11-2015 18:55
  
  The downward trending channel in AUD/USD may continue to take shape over the coming days as the pair retains the monthly opening range.
  
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• Global shares rise after strong earnings; euro hits seven-month low

  17-11-2015 17:52 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - Shares in major markets rallied on Tuesday, fueled by strong corporate reports in the United States and Europe, while the U.S. dollar and Treasury yields rose as firming inflation backed expectations of an impending interest rate hike. Better-than-expected results from retailers Home Depot and Wal-Mart Stores pushed the S&P 500 index higher, shoring up some confidence in the sector after weak economic data and earnings last week sparked concerns about
  
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• Global shares rise after strong earnings; euro hits 7-month low

  17-11-2015 17:51 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - Shares in major markets rallied on Tuesday, fueled by strong corporate reports in the United States and Europe, while the U.S. dollar and Treasury yields rose as firming inflation backed expectations of an impending interest rate hike. Better-than-expected results from retailers Home Depot and Wal-Mart Stores pushed the S&P 500 index higher, shoring up some confidence in the sector after weak economic data and earnings last week sparked concerns about
  
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• Shares rise after strong earnings; euro hits seven-month low

  17-11-2015 17:50 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - Shares in major markets rallied on Tuesday, fueled by strong corporate reports in the United States and Europe, while the U.S. dollar and Treasury yields rose as firming inflation backed expectations of an impending interest rate hike. Better-than-expected results from retailers Home Depot and Wal-Mart Stores pushed the S&P 500 index higher, shoring up some confidence in the sector after weak economic data and earnings last week sparked concerns about
  
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• EUR/USD remains supported after CPI data

  17-11-2015 17:45
  
  Despite better than expected CPI data out of the U.S., the EUR/USD remains supported. Learn today’s trading values with the Chart of the Day!
  
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• Wall St. edges higher after retail earnings

  17-11-2015 17:31 via rocketnews.com
  By Abhiram Nandakumar(Reuters) – U.S. stocks rose on Tuesday as better-than-expected earnings from Wal-Mart and Home Depot allayed some concerns about consumer spending ahead of the holiday shopping season.
  Wal-Mart <WMT.N>, up 4.4 percent at $60.39, and Home Depot <HD.N>, 4.1 percent higher at $125.78, provided the biggest boost to the Dow and the S&P.
  Positive results from the big-box retailers lifted the S&P 500 retail index <.SPXRT> by 1.45 pct.
  Home Depot riv
  
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• US open: Wall Street opens on a flat note after CPI data

  17-11-2015 16:05 via news.yahoo.com
  
  (ShareCast News) - US equities were flat early on Tuesday, as investors digested inflation data and a report on industrial production.
  
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• Wall Street little changed as energy stocks weigh

  17-11-2015 16:02 via news.yahoo.com
  
  U.S. stocks were little changed on Tuesday morning as a dip in crude oil prices dragged down the energy sector, overshadowing better-than-expected earnings from Wal-Mart and Home Depot. The S&P energy sector was down 1.23 percent - easily the worst performer of the 10 major S&P sectors - as crude prices slipped on concerns of a supply glut. Data showed U.S. consumer prices rose 0.2 percent in October, in line with expectations, a sign that the drag on inflation from a strong dollar and l
  
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• Price & Time: Gold – Can It Get Out Of Its Own Way?

  17-11-2015 16:00
  
  Gold is currently hanging around key long-term retracement levels and near-term timing elements can be potentially supportive.
  
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• What Might Copper Prices Be Telling Us About Global Growth?

  17-11-2015 15:19
  
  Over the last 16 months, we've seen a peculiar move across markets: Commodity prices are diving while stock prices are shooting higher.
  
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• Wall Street set to open higher after Wal-Mart results

  17-11-2015 15:05 via rocketnews.com
  By Abhiram NandakumarREUTERS – Wall Street looked set to open higher on Tuesday as better-than-expected earnings from Wal-Mart and Home Depot allayed some concerns after last week’s sharp selloff in retail stocks. Shares of Wal-Mart rose 1.8 percent to $58.90, while Home Depot was up 2.8 percent at $124.18 in premarket trading. Strong results from the two big-box retailers lifted others in the sector, with Lowe’s up 2.8 percent, Ross Stores 2.7 percent and Target 1.6 percent. T
  
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• Here’s Why Wall Street Has Little to Fear from Hillary Clinton

  17-11-2015 15:00 via news.yahoo.com
  
  During the Democratic debate last month, Hillary Clinton assured viewers she would be a president at least as tough on Wall Street as her main opponent for the nomination, Sen. Bernie Sanders. Clinton also proudly recalled that while serving as U.S. senator from New York she warned bankers early in the financial crisis about their dangerous practices. “I went to Wall Street in December of 2007 — before the big crash that we had,” Clinton said.
  
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• Shrugging off Paris attacks, global shares and dollar rally

  17-11-2015 14:23 via news.yahoo.com
  
  Global shares gained convincingly on Tuesday, clawing back all the ground lost on the previous day as investors bet that Friday's attacks on Paris would have little lasting impact on the world economy. U.S. stock index futures also indicated a higher start on Wall Street, building on a surge the previous day that kicked off a global stock market rally. "Investors are showing resilience to the recent attacks in Paris despite mounting worries over security in Europe," said B Capital Wealth Managem
  
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• Wal-Mart earnings beat expectations; shares up

  17-11-2015 13:53 via news.yahoo.com
  
  (Reuters) - Wal-Mart Stores Inc reported stronger-than-expected quarterly earnings on Tuesday as it booked its fifth straight gain in U.S. same-store sales, sending its shares up nearly 3 percent. Analysts on average had expected 98 cents per share, according to Thomson Reuters I/B/E/S. Wal-Mart said consolidated revenue fell 1.3 percent to $117.4 billion, weighed down by its international operations, which have been hurt by a stronger dollar. Wal-Mart's earnings have been under pressure from co
  
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• EUR/JPY Not Taking USD/JPY, GBP/JPY Cues - EUR-crosses Look Soft

  17-11-2015 13:30
  
  The EUR-crosses are looking especially fragile relative to their USD-counterparts.
  
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• Silver Prices Potentially Breaking Last Week’s Low On Today’s U.S. Inflation Report

  17-11-2015 13:01
  
  The price of silver may turn bearish again on a break to last week’s low of $14.16. In this scenario, we could see price reaching the yearly low of $13.95
  
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• USD/CAD: upward trend

  17-11-2015 12:35 via liteforex.com
  Forex analytics: Current trendConsumer Price Index for October and Retail Sales statistics for September are due on Friday in Canada. In September, CPI grew by 0.3% on a monthly basis and by 1% on an annual basis. Thus, despite of loose monetary policy, Canada’s inflation remains weak. In October, BoC kept interest rates unchanged at the level of 0.5%, and the next policy meeting is scheduled for 2 ...
  
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• Euro Little Changed After ZEW Survey Dropped In November

  17-11-2015 12:26
  
  The Euro was little changed versus the US Dollar as positive sentiment in Germany offset a weaker outlook for the Euro-Zone
  
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• GBP/USD Higher on Better Than Expected Core CPI

  17-11-2015 12:14
  
  The British Pound rose versus the US Dollar after today's Core CPI data exceeded expectations
  
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• XAG/USD: general review

  17-11-2015 11:46 via liteforex.com
  Forex analytics: Current trendThe pair remains near its 6-year lows and trading within a sideways channel between the levels of 14.44 and 14.17.The pair is pressured by increased investors’ expectations of an interest rate hike in the US in December. Markets estimate the possibility of rates increase in December at around 70%.Therefore, at present all attention is focused on macroeconomic statistics from ...
  
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• Exclusive: After market crash, China mulls single 'super-regulator' - sources

  17-11-2015 10:52 via news.yahoo.com
  
  By Engen Tham and Benjamin Kang Lim SHANGHAI/BEIJING (Reuters) - China is deliberating bringing together its banking, insurance and securities regulators into a single super-commission, sources told Reuters, following the summer's stock market crash that was blamed in part on poor inter-agency coordination. China's stock markets dropped by more than 40 percent between mid-June and August, forcing Beijing to take unprecedented measures to prevent a wider panic, embarrassing the government and del
  
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• Kenya coffee output, earnings to rise in 2015/16 -regulator

  17-11-2015 10:48 via news.yahoo.com
  
  Kenya expects its coffee harvest to jump by almost a quarter to 50,000 metric tonnes in the 2015/16 crop year which runs until next September buoyed by initiatives to boost production and to crop cycles, the country's crop regulator said on Tuesday. Earnings from coffee exports were expected to increase to 20 billion shillings ($196 million) based on current exchange rates, up from $182.53 million the previous year, Alfred Busolo, acting head of the Agriculture, Fisheries and Food Authority, tol
  
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• London open: Stocks jump on 'dovish' ECB remarks

  17-11-2015 10:26 via news.yahoo.com
  
  (ShareCast News) - London's top-flight index jumped early on Tuesday on the back of dovish comments from the European Central Bank's chief economist and following strong gains in Wall Street the previous ...
  
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• XAU/USD: gold fails to hold positions

  17-11-2015 09:41 via liteforex.com
  Forex analytics: Current trendOn Monday morning, the price of gold was growing, but later on it declined back to Friday’s levels. The price went up as recent news from France raised demand for safe-haven assets.Nevertheless, the price of gold is still under pressure from expectations that the Fed may raise US interest rates at its December meeting. Moreover, Consumer Price Index for October, due today, may ...
  
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• Asia stocks rebound as dealers follow US, Europe lead

  17-11-2015 09:36 via news.yahoo.com
  
  Most Asian stock markets advanced strongly Tuesday, mirroring rallies in Europe and New York as the initial shock from the deadly Paris attacks wore off. The three main markets on Wall Street each ended sharply higher, while London and Frankfurt also advanced and Paris pared early selling to end only marginally lower.
  
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• FTSE 100 IS Expected To Be Indecisive After Yesterday’s Surge

  17-11-2015 09:31
  
  I see it as too early to have a strong view on the FTSE 100, the reason being the fact that price is near last week's breakdown level of 6250.
  
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• USD/JPY: pair strengthening

  17-11-2015 09:21 via liteforex.com
  Forex analytics: Current trendYesterday the USD/JPY pair significantly strengthened.The pair was supported by poor macroeconomic statistics from Japan that came out worse than already negative forecasts. According to preliminary data, the Japanese GDP for the third quarter fell by 0.8% against forecasted decline of 0.2%.During the week, attention needs to be paid to publications from Japan where the BoJ ...
  
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• DAX 30 Is Slightly Overbought Ahead of Crucial ZEW Index

  17-11-2015 09:18
  
  Today, the important ZEW expectations index is on tap, traders watch this economic indicator as it has a good correlation with DAX year-over-year returns. The short-term trend is bullish above 10,676.The short-term trend is bullish above 10,676.
  
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• Copper Tumbles to 6-Year Low while Haven Interests Subside in Gold

  17-11-2015 09:05
  
  Metals plunge to new low as demand woes persist. Gold’s safe haven buying retreats along with political tension. Oil awaits stock report
  
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• GBP/USD: Pound weakening

  17-11-2015 08:52 via liteforex.com
  Forex analytics: Current trendSince the beginning of the week, the GBP/USD pair is falling as it corrected from its local lows near the level of 1.5000.Investors are not in hurry to open new positions prior to publications of key statistics on the Consumer Price Indices from the US and the UK. Experts are not expecting strong data from the UK that will support the Bank of England with its decision to delay ...
  
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• Discount retailer B&M confident on outlook as earnings rise

  17-11-2015 08:50 via news.yahoo.com
  
  B&M European Value Retail , the fast-growing British discount store chain, reported an 18.6 percent rise in first half core earnings, hiked its dividend and said it was confident about future prospects. The firm, chaired by former Tesco boss Terry Leahy, said on Tuesday it made adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of 86.6 million pounds in the 26 weeks to Sept. 26. With recession-era shopping habits entrenched, discount stores, both in general mercha
  
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• UK discount retailer B&M confident on outlook as earnings rise

  17-11-2015 08:42 via news.yahoo.com
  
  B&M European Value Retail , the fast-growing British discount store chain, reported an 18.6 percent rise in first half core earnings, hiked its dividend and said it was confident about future prospects. ...
  
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• S&P upgrades Qantas rating from ‘junk’ status

  17-11-2015 08:42 via rocketnews.com
  
  Sydney (AFP) – Australian carrier Qantas on Tuesday got shot of its “junk” status when Standard & Poor’s lifted its rating from ‘BB+’ to the prized investment grade ‘BBB-‘ as the airline bounces back from a tough few years.The upgrade of Qantas’ long-term corporate credit and issue rating comes after the airline completed a profit turnaround this year, supported by lower fuel prices, and adopted a more conservative financial framework.
  &l
  
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• S&P upgrades Qantas rating from 'junk' status

  17-11-2015 08:42 via news.yahoo.com
  
  Australian carrier Qantas on Tuesday got shot of its "junk" status when Standard & Poor's lifted its rating from 'BB+' to the prized investment grade 'BBB-' as the airline bounces back from a tough few years. The upgrade of Qantas' long-term corporate credit and issue rating comes after the airline completed a profit turnaround this year, supported by lower fuel prices, and adopted a more conservative financial framework. "We view this framework to be materially more prudent and creditor-fri
  
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• News of the day. Tuesday 17.11.2015

  17-11-2015 07:41 via liteforex.com
  Forex analytics: Today, market participants are waiting for news for the UK, Germany, the eurozone, the US and Canada.Inflation Report Hearings are 11:00 am (all times stated in GMT+2) in the UK. Members of the Monetary policy Committee and the Governor of the Bank of England will comment on the UK inflation and economic situation.Then, at 11:30 am, Consumer Price Index and Core Consumer Price Index ...
  
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• British Pound, US Dollar Look to CPI Data to Guide Rate Hike Bets

  17-11-2015 07:09
  
  The British Pound and the US Dollar may take divergent paths as October’s CPI figures guide BOE and Federal Reserve interest rate hike expectations.
  
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• Asia stocks surge as fallout from Paris attacks recedes

  17-11-2015 06:41 via news.yahoo.com
  
  By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks rose across the board on Tuesday following a surge on Wall Street overnight as investors clawed back losses that came on the back of last week's Paris attacks. Meanwhile, expectations for a December rate hike by the Federal Reserve also kept the dollar on a bullish footing. Spreadbetters saw stronger risk appetite retained in Europe, forecasting a higher open for Britain's FTSE, Germany's DAX and France's CAC.
  
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• Slowing U.K. CPI to Undermine GBP/USD Resilience

  17-11-2015 05:00
  
  GBP/USD may struggle to hold its recent range should the U.K. CPI report highlight a weakened outlook for inflation and drag on interest rate expectations.
  
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• Asia stocks surge after Wall St takes Paris attacks in stride

  17-11-2015 04:08 via news.yahoo.com
  
  By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks rose across the board on Tuesday, relieved after seeing Wall Street take the Paris attacks in stride and surging overnight, while expectations for a December rate hike by the Federal Reserve kept the dollar on a bullish footing. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.6 percent, bouncing from a 6-week low struck the previous day on risk aversion triggered by the assault on the French capital. "Investors think that the
  
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• AUD/USD Technical Analysis: Rebound Stalls at Trend Line

  17-11-2015 03:43
  
  The Australian Dollar is edging lower having tested trend line resistance guiding the move lower since mid-October against its US namesake.
  
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• Asia stocks gain after Wall St. takes Paris attacks in stride

  17-11-2015 01:28 via news.yahoo.com
  
  By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks gained early on Tuesday, taking heart after seeing Wall Street take the attacks in Paris in stride and surge overnight, while expecta...
  
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• Asia stocks gain after Wall Street takes Paris attacks in stride

  17-11-2015 01:21 via news.yahoo.com
  
  By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks gained early on Tuesday, taking heart after seeing Wall Street take the attacks in Paris in stride and surge overnight, while expectations for a rate hike by the Federal Reserve in December kept the dollar on a bullish footing. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent. Australian shares gained 0.8 percent. Japan's Nikkei added 1.3 percent. Wall Street had its strongest session in three weeks on Monday, as inve
  
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