Analyst news

• Stocks march higher, ending their best week so far this year

  20-11-2015 23:48 via news.yahoo.com
  
  NEW YORK (AP) — The stock market closed out its best week of the year Friday as big gains by retailers and technology companies pushed major indexes upward.
  
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• GBP/USD Rebound to Succumb to Dovish BoE Testimony, Strong US GDP

  20-11-2015 23:37
  
  GBP/USD extended the rebound from earlier this month as the Federal Open Market Committee (FOMC) Minutes warned of a potential three-way split within the central bank, but the pound-dollar may struggle to hold its ground in the week ahead should the Bank of England (BoE) show a greater willingness to further delay its normalization cycle.
  
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• Three Factors Warn of Perfect Storm in FX Markets - Caution Advised

  20-11-2015 23:30
  
  Three key factors warn that the traditional end-of-year liquidity crunch may make for the “Perfect Storm” of financial risks this year. Caution is greatly advised in the two weeks ahead.
  
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• U.S. bank earnings may be pressured by weak loan market: analysts

  20-11-2015 23:20 via news.yahoo.com
  
  "We know the trouble's there but I think a tougher credit market is kind of factored in to a lot of the thinking," said Sandler O'Neill analyst Jeff Harte. Analysts cautioned that any losses at this stage seem relatively small, and could be offset by gains in other parts of banks' bond trading businesses, such as Treasuries trading. Analysts have not been reducing bank earnings estimates in recent weeks as parts of the loan market have sputtered.
  
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• S&P 500 Technical Outlook: The Spooz is Flying on Helium

  20-11-2015 22:36
  
  After breaking underneath the bull-flag formation, the S&P caught a bid just north of 2k and hasn't stopped running ever since.
  
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• S&P 500 scores best week in almost a year

  20-11-2015 22:34 via news.yahoo.com
  
  The S&P 500 ended its strongest week in almost a year, while the Dow Jones industrial average erased its year-to-date loss, led by a 5.46 percent jump in Nike , which announced a $12 billion share buyback and a 2-for-1 share split. The sporting goods maker helped send the consumer discretionary sector up 1.23 percent, making it the top gainer among the 10 major S&P sectors. Minutes from the Fed's October meeting, released on Wednesday, hardened expectations of a December interest rate hi
  
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• GBP/JPY Technical Analysis: Pop and Drop to Trend-Line Support

  20-11-2015 22:08
  
  GBP/JPY has run down to a trend-line that may be offering attractive risk-reward ratios for top-side setups.
  
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• Gold Prices: Aggressive Short-Setup Available

  20-11-2015 21:32
  
  In our previous piece, we discussed the massive move in Gold prices and the unattractive prospect of pegging-in a position while prices were sitting at or near multi-year lows.
  
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• S&P set for best week in a year; consumer stocks rise

  20-11-2015 20:09 via news.yahoo.com
  
  U.S. stocks added to their gains in early afternoon trading on Friday, with the S&P 500 on track for its best week since last October, as healthcare and consumer stocks rose. The stock also sent the consumer discretionary sector up nearly 1 percent, making it the top gainer among the 10 major S&P sectors. "I think with the lack of catalysts or a large news story, the market wants to move higher and should end the day higher," said Tim Courtney, CIO of Exencial Wealth Advisors.
  
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• Wall Street on track for best week in over a month

  20-11-2015 20:08 via news.yahoo.com
  
  The sporting goods maker helped send the consumer discretionary sector up 1 percent, making it the top gainer among the 10 major S&P sectors. Minutes from the Fed's October meeting, released on Wednesday, hardened expectations of a December interest rate hike and hinted at a cautious approach after that. Many on Wall Street believe that raising rates next month will be interpreted as a sign of confidence in the U.S. economic recovery.
  
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• USD/CAD Continues to Coil Despite Sticky Canada CPI, Oil Rebound

  20-11-2015 19:10
  
  With key cross-market relationships decoupling, USD/CAD appears to be coiling for a move higher as it preserves the bullish formation carried over from October.
  
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• Abercrombie In Fashion As Results Lift Shares

  20-11-2015 19:06 via news.yahoo.com
  
  Abercrombie & Fitch cut a dash on Wall Street as shares rose by 20% after it slowed quarterly sales declines and more than doubled profits. The preppy fashion label has struggled to cope with changing consumer tastes and competition from upstart rivals such as H&M and Zara in recent years, and sales have fallen for 11 quarters in a row. But it has hired designers from the likes of Ralph Lauren and Tommy Hilfiger to help breathe new life into its Abercrombie brand as well as changing musi
  
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• USD/CAD Technical Analysis: Hanging By a Bullish Thread?

  20-11-2015 18:55
  
  USD/CAD Technical Strategy: Waiting To Sell If Support Breaks
  
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• Endangered species on Wall Street: The stock split

  20-11-2015 18:47 via news.yahoo.com
  
  The U.S. stock market has more than tripled in value since its March 2009 lows but stock splits, a tool favored by company management in prior boom times, have yet to make a comeback. Stock splits are a way for management teams to tempt retail investors to buy a "hot" stock at a lower price. For example, high-flying Apple Inc shares proved much more popular at $100 each after a 7-for-1 split in June 2014 than they were at $700, even though their value, by all measures, remained constant.
  
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• Wall St. higher as healthcare, consumer stocks rise

  20-11-2015 17:35 via news.yahoo.com
  
  (Reuters) - Wall Street added to its gains in late morning trading on Friday, with the S&P 500 on track for its best week in a year, as healthcare and consumer stocks rose.
  
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• US open: Dow jumps 150 points amid strong earnings

  20-11-2015 16:16 via news.yahoo.com
  
  (ShareCast News) - US equities gained grounds early on Friday, as Wall Street remained on track to clinch its seventh weekly gain in the last two months.
  
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• The Euro: From Whatever it Takes to Whatever it Must

  20-11-2015 16:04
  
  The European Central Bank is walking towards another pivotal announcement in two weeks, but how did we get here? And will this really 'work,' this time?
  
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• AUD/USD Follows Through on Bullish Engulfing Pattern

  20-11-2015 15:46
  
  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
  
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• WTI Crude Oil Price Forecast: A Year-End Present For Bulls?

  20-11-2015 15:45
  
  Crude oil technical strategy: price rests on trendline support, next move will be key for oil. Inability to gain traction below $40 starts worring bears.
  
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• USD/JPY Technical Analysis: Shaken, Not Stirred Above 122

  20-11-2015 14:33
  
  USD/JPY Technical Strategy:�USDJPY Continues to Hold Key Support at 122, Favoring Upside
  
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• Shares march on as alarm bells ring for metals

  20-11-2015 14:30 via news.yahoo.com
  
  The commodities crunch was compounded as the dollar began to flex its muscles again after a quiet couple of days, gold slipped back towards a 5-year low and a major sea freight index hit its lowest level on record. Wall Street expected to start 0.2 to 0.3 percent higher with its main S&P 500 and Dow Jones Industrial indexes on course for near 3 percent rises on the week. European shares nudged higher too as the main London, Frankfurt and Paris markets headed for 2-3.5 percent weekly gains an
  
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• Global shares march on as alarm bells ring for metals

  20-11-2015 14:17 via news.yahoo.com
  
  The commodities crunch was compounded as the dollar began to flex its muscles again after a quiet couple of days, gold slipped back towards a 5-year low and a major sea freight index hit its lowest level on record. Wall Street expected to start 0.2 to 0.3 percent higher with its main S&P 500 and Dow Jones Industrial indexes on course for near 3 percent rises on the week. "If we decide that the current trajectory of our policy is not sufficient... we will do what we must to raise inflation as
  
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• USD/JPY Consolidates After Yesterday’s Bearish Breakout

  20-11-2015 14:15
  
  The USD/JPY is consolidating after yesterday’s 101 pip decline. Learn today’s trading values with the Chart of the Day!
  
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• XAG/USD: general analysis

  20-11-2015 13:41 via liteforex.com
  Forex analytics: Current trendThe price of precious metals has strengthened slightly due to certain weakness in the USD amid the publication of FOMC Minutes on Wednesday. A majority of Fed officials suggest that a hike in the US interest rates is possible at the upcoming Fed meeting. After seven-month growth in the USD, investors have started taking profits.Today, amid the lack of macroeconomic releases which ...
  
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• NZD/USD: fall in pair expected

  20-11-2015 13:39 via liteforex.com
  Forex analytics: Current trendThe main factor behind dynamics in the pair remains increased demand for the US Dollar amid strengthened investors’ expectations of monetary policy tightening in the US in December. Thus until the end of the year the pair will remain under pressure.This week, the pair was supported by poor data on Industrial Production and key US indices, and strong figure on the Producer Price ...
  
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• Draghi’s Dovish Reminder Keeps EUR/USD Downtrend Intact

  20-11-2015 13:35
  
  The ECB president reminds everyone that new policy action is a near certainty on December 3.
  
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• US pre-open: Futures edge higher as investors focus on more Fed speakers

  20-11-2015 12:53 via rocketnews.com
  LONDON (ShareCast) – (ShareCast News) – US stock futures edged higher on Friday, as Wall Street remained on track to clinch its seventh weekly gain in the last two months.The Dow Jones Industrial Average is expected to open approximately up 50 points, while the S&P 500 and the Nasdaq (NasdaqGS: NDAQ – news) are set to begin the final session of the week four and eight points higher respectively.Having rallied on Wednesday after the release of the latest Federal Reserve minu
  
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• KKR Gatecrashes £1.1bn Cannes Lions Auction

  20-11-2015 12:49 via rocketnews.com
  The US buyout titan KKR has gatecrashed the £1bn-plus auction of Top Right Group, the owner of the annual Cannes Lions advertising festival. Sky News has learnt that KKR has in recent days tabled an offer for Top Right Group (TRG) to rival a proposal submitted by its fierce competitor Blackstone.The entrance of KKR, which has owned prominent UK companies such as Boots and Pets at Home, will give TRG’s owners – Apax Partners and Guardian Media Group – another alternative t
  
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• EUR/USD Technical Analysis: Larger Rebound Hinted Ahead

  20-11-2015 12:13
  
  The Euro moved higher against the US Dollar as expected, with a break above trend line resistance set from mid-October hinting that a larger recovery may be ahead.
  
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• DAX 30 Fundamentals Improve, May Reach 11,700

  20-11-2015 12:10
  
  With the DAX 30 gains of the last two days being well justified by fundamentals, I expect traders to be buying dips in the days ahead.
  
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• GBP/USD: pair in correction

  20-11-2015 12:06 via liteforex.com
  Forex analytics: Current trendThe GBP/USD pair is in the upward correction since last week.The pair was supported by poor data on Industrial Production, construction sector and Jobless Claims in the US, and amid profit taking on short positions in the pair.At the same time, the pair is under pressure from increased expectations of an interest rate hike in the US in December and poor Retail Sales and key ...
  
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• USD/TRY: decline continues

  20-11-2015 10:47 via liteforex.com
  Forex analytics: Current trendA downward trend in the USD/TRY pair has been strong since 1 October. The demand for the TRY grew when air strikes began in Syria. Turkey is Syria's neighbor and serves as an important transit hub for oil supply to Europe from the Middle East. Increased risks, related to possible disruptions in oil supply, are raising demand for the TRY. Moreover, the currency gained more support ...
  
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• Dollar dips in Asia as stock markets extend gains

  20-11-2015 10:20 via rocketnews.com
  
  Hong Kong (AFP) – The dollar sank against emerging market currencies and the yen in Asia Friday after seeing sharp losses on Wall Street while stocks picked up in later trade to extend the previous day’s rally.The upbeat performance was a far cry from the start of the week, which was overshadowed by the deadly Paris attacks last Friday, which raised fears about security in Europe and its effect on the economy.
  Minutes Wednesday showing Federal Reserve policymakers are confident the U
  
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• A Guide to Investing in New Zealand

  20-11-2015 10:08 via rocketnews.com
  In his excellent book, One Up One Wall Street, Peter Lynch explains that he loves ‘dull’ companies in ‘no-growth’ industries. “I get even more excited when a company with a boring name also does something boring”. Could the same perhaps be said for countries? If I asked you to name a dynamic growth economy, you’d probably mention one of the BRICs, like China or India. New Zealand would probably be the last country to spring to mind. One of our Direc
  
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• EUR/GBP Technical Analysis: Euro Rebound Hinted Ahead

  20-11-2015 10:03
  
  The Euro put in a bullish Morning Star candlestick pattern, hinting prices may be preparing to launch an upward correction against the British Pound.
  
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• ABN Amro Returns To Amsterdam Stock Market

  20-11-2015 09:22 via news.yahoo.com
  
  The largest flotation of a European bank since the financial crisis has taken place, as the Dutch taxpayer aims to recoup some of the estimated €32bn spent on the bailout of ABN Amro. The first sale of stock by the Dutch government raised €3.3bn - with 188 million shares sold  - valuing the bank at almost €17bn. The Bank's name is familiar in Britain because the purchase of ABN in 2007 proved disastrous for Royal Bank of Scotland - ultimately sealing its own need for a b
  
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• USD/CAD to Threaten Monthly High on Soft Canada CPI Report

  20-11-2015 09:00
  
  A further slowdown in Canada’s Core CPI print may spur a near-term advance in USD/CAD as it puts increased pressure on the BoC to further insulate the region.
  
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• Silver Prices May Enter A Technical Rebound On Break To $14.44

  20-11-2015 08:54
  
  Silver prices saw a steep rise by the end of yesterday's session. This came about as the US Dollar saw a broad-based pullback and not an increased demand of Silver. What is next for the price of Silver?
  
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• FTSE 100: Bulls In Control As The Weekend Arrives

  20-11-2015 08:34
  
  The FTSE 100 remains bullish but may slow down as it gained 5.2 percent from its Monday low. The trend remains bullish above Wednesday's low of 6225.
  
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• Euro Looks to ECB Comments to Inform QE Expansion Bets

  20-11-2015 07:52
  
  The Euro is looking to comments from ECB officials including President Mario Draghi to inform QE expansion bets for next month’s policy meeting.
  
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• Major Central Banks Echo Concerns About Global Economy

  20-11-2015 07:43
  
  The health of the global economy has found its way into the major central banks’ official statements when deciding the course of their respective monetary policy decisions.
  
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• South Africa's Naspers flags higher H1 earnings

  20-11-2015 07:31 via news.yahoo.com
  
  South Africa's Naspers expected interim profit for the first half to jump by up to 42 percent, the media giant said on Friday. Naspers, Africa's largest company by market value, said core headline earnings per share would likely come in a range of 20.93 rand and 21.70 rand, or between 37 and 42 percent higher. Headline EPS is a widely watched profit measure in South Africa that excludes certain one-off and non-trading items.
  
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• News of the day. Friday 20.11.2015

  20-11-2015 07:19 via liteforex.com
  Forex analytics: Today markets are going to be waiting for news from the eurozone, Germany and Canada. ECB President Draghi’s speech is due at 10 am (all times stated in GMT +2) as he appears at the 25th Frankfurt European Banking Congress in Germany. During the speech, he might comment on the current state of the European economy. At 12:15 pm German Buba President Weidmann speech is due that could attract ...
  
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• NZD/USD Technical Analysis: Waiting to Re-Establish Short

  20-11-2015 05:20
  
  The New Zealand Dollar moved to challenge the 0.66 figure against its US namesake afterput in the largest daily advance in a month.
  
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• AUD/USD Technical Analysis: Exiting Short Trade After Surge

  20-11-2015 05:03
  
  The Australian Dollar launched sharply higher against its US counterpart, producing the largest daily advance in six weeks.
  
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• Commodities Bounce as USD Unwinds though Copper Pressured by Glut

  20-11-2015 04:48
  
  Profit taking in USD see commodities edging up. Oil volatility rises before contract expiry. Copper surplus retains low prices
  
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• UPDATE 5-Dorsey's Square jumps in market debut, offering hope to tech startups

  20-11-2015 01:06
  Nov 19 (Reuters) - Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc Chief Executive Jack Dorsey, soared as much as 64 percent in their market debut, following...
  
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• UPDATE 4-Dorsey's Square jumps in market debut, offering hope to tech startups

  20-11-2015 00:13
  Nov 19 (Reuters) - Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc Chief Executive Jack Dorsey, soared as much as 64 percent in their market debut, following...
  
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• Tech IPOs soar in New York; European markets gain

  20-11-2015 00:08 via news.yahoo.com
  
  Shares of two technology companies jumped on Wall Street Thursday following long-awaited public offerings, but US stocks overall failed to keep up the momentum from a rally in Europe.
  
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