Analyst news

• Buy or Sell: USD/JPY Pivots Near Wave Relationships

  24-11-2015 23:55
  
  For the past month, USD/JPY has been respecting several different wave relationships. Price now is in a zone that defines the near term trend for bulls.
  
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• HP's last earnings report shows decline

  24-11-2015 23:53 via news.yahoo.com
  
  SAN FRANCISCO (AP) — Hewlett-Packard went out with a whimper Tuesday, as the venerable computer-maker issued its final quarterly earnings report as a unified tech conglomerate, showing another drop in sales for most of its business divisions.
  
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• Wall Street ends higher, driven by energy amid global tension

  24-11-2015 22:41 via rocketnews.com
  By Sinead Carew(Reuters) – U.S. shares closed higher on Tuesday as energy stocks rose along with oil prices after Turkey shot down a Russian warplane near the Syrian border. The three major U.S. indexes recovered from a morning selloff that was triggered by the overseas news despite some strong U.S. economic data.Oil prices were up more than 2 percent after a spike in Middle East tensions. “You came in this morning and everybody was talking about this potential escalation of violence
  
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• USD/CAD Technical Analysis: October Trendline Support Breaks

  24-11-2015 22:33
  
  The US dollar continues to struggle within a corrective channel, which is letting CAD gain ground.
  
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• GBP/JPY Plummets Into Support- Sell Rips Sub 186

  24-11-2015 21:50
  
  GBPJPY reversed off key resistance last week with the recent sell-off approaching initial support. Here are the updated targets & invalidation levels that matter.
  
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• U.S. probing Comcast’s role in ‘spot’ cable ad sales market

  24-11-2015 21:27 via rocketnews.com
  (Reuters) – The U.S. Department of Justice is investigating whether Comcast Corp, the biggest U.S. cable TV provider, is hindering competition in cable advertising sales, a source told Reuters.The department’s Antitrust Division has sent documents known as civil investigative demands to video distribution companies with questions about whether Comcast was seeking to dominate the “spot” cable ad sales business in areas where Comcast offers service, said the source, who ask
  
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• UPDATE 4-Bombardier says lower jet production to hurt revenue in 2016

  24-11-2015 20:51
  * Sees $25 bln rev by 2020 (Adds quotes from Bombardier executives, asset manager)
  
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• U.S. Federal Reserve awards $95.92 billion reverse repos

  24-11-2015 20:35 via rocketnews.com
  NEW YORK (Reuters) – The Federal Reserve on Tuesday awarded $95.92 billion of overnight fixed-rate reverse repurchase agreements to 43 bidders at an interest rate of 0.05 percent, the New York Fed said on its website. This was the smallest amount in a week when it awarded $86.16 billion to 39 bidders at the same interest rate. On Monday, the Fed had allotted $144.6 billion in one-day reverse repos to 50 bidders, including Wall Street dealers, money market mutual funds and mortgage finance
  
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• U.S. probing Comcast's role in 'spot' cable ad sales market - WSJ

  24-11-2015 19:56 via news.yahoo.com
  
  (Reuters) - The U.S. Department of Justice is investigating whether cable company Comcast Corp is hindering competition in cable advertising sales, the Wall Street Journal reported, citing a document reviewed by the newspaper. The document, which is known as a civil investigative demand, indicates that the Justice department's antitrust division is probing whether Comcast's cable ad sales, as well as its deals to represent rival pay TV providers' ad sales, are hindering competition. The investig
  
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• UPDATE 3-Tiffany's profit forecast turns dimmer on strong dollar

  24-11-2015 19:48
  * Shares up more than 4 pct (Adds details, analyst comment, updates share price)
  
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• UPDATE 3-Zodiac Aero shares slide as seat delays hit profits

  24-11-2015 19:18
  * Shares end down 7.7 pct (Adds CEO comment, closing shares)
  
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• USD/CAD Outlook Mired by Failed Test of September High

  24-11-2015 18:50
  
  USD/CAD may struggle to retain the bullish formation carried over from the previous month as the pair fails to test the September high (1.3456).
  
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• UPDATE 2-Failure of small bank proves costly for Polish lenders

  24-11-2015 18:33
  WARSAW, Nov 24 (Reuters) - Polish lenders said on Tuesday they would each have to pay up to 350 million zlotys ($87.4 million) into a guarantee fund to cover the bankruptcy of SK Bank, with profits...
  
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• Britain's FTSE falls as travel stocks continue slide

  24-11-2015 18:09
  * Babcock, Rolls Royce among gainers, defence budgets rising (Adds closing prices, detail)
  
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• Price & Time: Big Mile Marker For Crude Oil

  24-11-2015 17:40
  
  Upcoming weeks are going to be critical for Crude Oil WTI as there is an upcoming timing support.
  
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• US bank earnings rose 5.1 percent in July-September quarter

  24-11-2015 17:25 via rocketnews.com
  WASHINGTON (AP) — U.S. banks’ earnings rose 5.1 percent in the July-September quarter from a year earlier, largely because of a drop in legal expenses for the largest financial services companies.
  The Federal Deposit Insurance Corp. says that profits reached $40.4 billion, up from $38.4 billion in the third quarter of 2014.
  The data illustrates the steady improvement in bank’s health since the financial crisis in 2008. Nearly 60 percent of banks insured by the FDIC reported hi
  
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• UPDATE 1-Cabin crew union, Lufthansa attempt to avert strikes

  24-11-2015 17:18
  * Had threatened more strikes from Thursday (Adds Lufthansa response, background, union quote)
  
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• Silver Prices: Traders Still Aiming For New Lows

  24-11-2015 16:30
  
  The price of silver is higher by 0.70 percent in today's session as the USD gives back some of its gains and as risk-aversion picks up as the markets digest the news of a Russian Jet being shot down by Turkey
  
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• MIDEAST STOCKS-Saudi rises, most markets fall on Turkey-Russia tensions

  24-11-2015 16:09 via rocketnews.com
  * Saudi closes well off highs after Turkey news* Dar Al Arkan stabilises after land tax news * Arabtec pulls down Dubai after CEO change * Orascom Telecom continues slide after North Korea news * Commercial International Bank hit by forex worries By Andrew Torchia DUBAI, Nov 24 (Reuters) – Buying in some blue-chips liftedSaudi Arabia’s stock market on Tuesday but most Middle Easternmarkets fell in thin trade because of a lack of positivecorporate news and Turkey’s shooting down
  
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• UPDATE 2-Pinnacle Foods to buy Boulder Brands to boost health offerings

  24-11-2015 15:55
  * Boulder Brands shares up 8.5 pct (Adds details, background; updates shares)
  
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• WTI Crude Oil Price Forecast: Oil Rises Alongside Syrian Tensions

  24-11-2015 15:45
  
  Fundamentals could shift sentiment bullish for oil, resistance remains ahead for oil and $40 support is holding.
  
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• CAC40 Declines in Early Trading

  24-11-2015 15:35
  
  The CAC40 (FRA40) Index is currently down -1.68% on the day as French stocks have rapidly declined in early trading.
  
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• The Top Three Risks Facing Global Markets Right Now

  24-11-2015 15:31
  
  While much of the world looks to the Fed in mid-December, a litany of risks are under our feet. In this article, we look at the top three.
  
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• Wall Street set to open down as security worries intensify

  24-11-2015 14:51 via news.yahoo.com
  
  Wall Street was set to open lower on Tuesday as investors fled risky assets after Turkey shot down a Russian warplane, even as data pointed to stronger U.S. economic growth. The U.S. Commerce Department revised third-quarter GDP growth to an annual rate of 2.1 percent, in line with market expectations but up from 1.5 percent estimated previously. The data could give the Federal Reserve confidence to raise interest rates at its December meeting.
  
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• Wall St. set to open down as security worries intensify

  24-11-2015 14:49 via news.yahoo.com
  
  (Reuters) - Wall Street was set to open lower on Tuesday as investors fled risky assets after Turkey shot down a Russian warplane, even as data pointed to stronger U.S. economic growth.
  
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• BUZZ-SunEdison Inc: Plans to sell 400 MW solar capacity in India

  24-11-2015 13:46
  ** U.S. solar company's shares up 11 pct at $3.33 premarket, after rising as much as 19 pct on Monday
  
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• GBP/USD Little Changed on Carney’s Testimony to Treasury Committee

  24-11-2015 13:45
  
  The British Pound was little changed versus the US Dollar as BoE’s member’s testimonies provided no real surprises
  
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• EUR/USD, GBP/USD Best Ways to Express Bullish USD Bias

  24-11-2015 13:00
  
  It's important to keep in mind the "forest" the next two days.
  
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• UPDATE 2-UK lender Paragon's FY profit up 9 pct; buyback raised

  24-11-2015 12:36
  * Raises share buyback by up to 50 mln stg, dividend by 22 pct (Adds CEO comments, details, updates shares)
  
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• FTSE 100 Remains Bullish Above 6209 Despite This Morning’s Panic

  24-11-2015 11:59
  
  The downing of a Russian warplane jet triggered a slide in the FTSE 100, but the index has recuperated some of its losses and is expected to trade higher as long as the November 17 low of 6209 holds as a support
  
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• DAX 30 Remains Bullish As Turkey Shot Down Russian Jet

  24-11-2015 11:47
  
  Turkey downs Russian warplane on Syria border. The DAX found support at 10,928 and remains bullish above 10,864. German GDP and IFO Index Print Better than Expected
  
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• UPDATE 2-Soft French market dents Kingfisher profit

  24-11-2015 11:35
  LONDON, Nov 24 (Reuters) - Kingfisher, Europe's largest home improvement retailer, missed forecasts with a near 7 percent fall in quarterly profit, as a soft market in France and currency movements...
  
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• USD/CAD: price of oil and Bank of Canada

  24-11-2015 11:28 via liteforex.com
  Forex analytics: Current trendAt the opening of the Asian session, the USD/CAD pair was declining due to a rise in oil prices.Tomorrow, the Energy Information Administration releases Crude Oil Stocks change statistics. The indicator is expected to decline that may temporary support the price of oil and, therefore, the Canadian currency.However, in the medium term, the USD/CAD pair tends to continue its ...
  
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• UPDATE 1-Vienna Insurance drops earnings goal after IT writedown - CEO

  24-11-2015 11:04
  * Sees initial signs that Polish auto insurance market recovering
  
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• Apple plans to launch Apple Pay in China by February - WSJ

  24-11-2015 10:38 via news.yahoo.com
  
  (Reuters) - Apple Inc plans to launch its mobile payment system Apple Pay in China by early February, the Wall Street Journal reported. The iPhone maker has struck deals recently with China's big four state-run banks, the newspaper reported late Monday, citing people familiar with the discussions. Apple's plans could still face regulatory hurdles in China, where banking and e-commerce are overseen by a number of government agencies, WSJ said.
  
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• MIDEAST STOCKS-Bahri boosts Saudi Arabia, Egypt stays weak

  24-11-2015 09:49 via news.yahoo.com
  
  DUBAI, Nov 24 (Reuters) - Oil shipper Bahri boosted Saudi Arabia's stock market early on Tuesday while Egypt's market remained weak. The Saudi stock index added 0.9 percent as Bahri climbed 1.6 percent in unusually heavy trade. The company, which reported a 501 percent leap in third-quarter net profit last month, released details of its earnings late on Monday. Petrochemical producer Saudi Basic Industries rose 1.4 percent and real estate developer Dar Al Arkan, which had dropped 2.3 percent on
  
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• XAG/USD: silver renews lows

  24-11-2015 09:27 via liteforex.com
  Forex analytics: Current trendThe price of silver continued falling and reached its 6-year lows.Silver is pressured by increasing investors’ expectations of an interest rates hike in the US in December. At the same time, latest commentaries by Fed officials are not that unambiguous. The rate hike possibility remains quite high but the outcome of the December meeting will largely depend on macroeconomic data ...
  
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• German 3Q GDP Confirms Moderate Growth, Domestic Demand Key

  24-11-2015 09:04
  
  German economic growth relied on household and government consumption, while downward pressures originated from foreign trade
  
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• Strong US 3Q GDP to Fuel EUR/USD Selloff- April Low on Tap?

  24-11-2015 09:00
  
  Signs of a stronger recovery in the U.S. economy may produce fresh monthly lows in EUR/USD as it boosts bets for a December Fed rate-hike.
  
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• Brent: oil continued growing

  24-11-2015 08:57 via liteforex.com
  Forex analytics: Current trendYesterday the price of Brent crude oil grew amid positive news from Saudi Arabia that announced its readiness to cooperate with the OPEC in order to stabilise oil prices. Amongst other things, in September oil output in the country shrank from 10.37 million to 10.23 million barrels a day.At the same time, oil prices are pressured by increasing expectations of an interest rates ...
  
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• NZD/USD: decline resumed

  24-11-2015 08:56 via liteforex.com
  Forex analytics: Current trendOn Monday, downward dynamics in the NZD/USD pair resumed. Due to uncertainty over the timing of a US interest rates rise, market participant are focusing closely on any macroeconomic or news releases from the US.Moreover, the NZD was negatively affected by not so favorable macroeconomic statistics, released on Monday in New Zealand. Visitor Arrivals grew by 8.9% in October ...
  
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• Asian shares slip, dollar close to 8-month peak

  24-11-2015 08:09 via news.yahoo.com
  
  By Lisa Twaronite and Hideyuki Sano TOKYO (Reuters) - Asian shares struggled on Tuesday after a healthcare mega-merger failed to impress Wall Street, while the dollar took a breather from its run to 8-month highs on rising conviction that the Federal Reserve will raise interest rates next month. MSCI's broadest index of Asia-Pacific shares outside Japan wavered in and out of positive territory, and was last down 0.2 percent. Japan's Nikkei ended a choppy session with a 0.2 percent gain, after a
  
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• Asian shares slip, dollar close to eight-month peak

  24-11-2015 08:07 via news.yahoo.com
  
  Asian shares struggled on Tuesday after a healthcare mega-merger failed to impress Wall Street, while the dollar took a breather from its run to 8-month highs on rising conviction that the Federal Reserve will raise interest rates next month. Financial spreadbetters predicted Britain's FTSE 100 would open down by as much as 0.4 percent, Germany's DAX would fall as much as 0.4 percent, and France's CAC 40 was seen dropping 0.5 percent. MSCI's broadest index of Asia-Pacific shares outside Japan wa
  
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• News of the day. Tuesday 24.11.2015

  24-11-2015 08:03 via liteforex.com
  Forex analytics: Today the trading session will start with publications from Germany where the Gross Domestic Product data for the third quarter is due at 9 am (all times stated in GMT +2). The figure is expected to remain unchanged at 0.3% against the previous quarter. Data from the German Institute for Economic Research is due at 11 am. According to forecasts, the IFO – Expectations will fall from 103.8 to ...
  
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• Japanese Factory-Sector Growth at Fastest Pace Since March 2014

  24-11-2015 07:55
  
  The Japanese Yen edged slightly lower afterupbeat manufacturing PMI figures disrupted risk aversion and undermined demand for the safety-linked currency.
  
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• Oil Price Calms after Saudi-Led Rally; Copper Nears Multi-Year Low

  24-11-2015 07:48
  
  Commodities trade in range after an oil rally as Saudi called for price moderation. Copper and gold prices lingers near multi-year lows
  
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• Apple plans to launch Apple Pay in China by February: WSJ

  24-11-2015 07:17 via news.yahoo.com
  
  (Reuters) - Apple Inc plans to launch its mobile payment system Apple Pay in China by early February, the Wall Street Journal reported. The iPhone maker has struck deals recently with China's big four state-run banks, the newspaper reported late Monday, citing people familiar with the discussions. When launched, Apple Pay will mainly compete with Alipay, the online payment platform run by Alibaba Holding Group Ltd affiliate Ant Financial, and UnionPay Co, a state-controlled consortium that has a
  
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• Pound Eyes Carney Comments, Euro May Overlook German Data

  24-11-2015 07:07
  
  The British Pound looks to testimony from BOE Governor Carney for direction. The Euro may ignore German GDP and IFO data as near-term ECB bets predominate.
  
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• Asian shares wobble, dollar close to eight-month peak

  24-11-2015 04:41 via rocketnews.com
  By Lisa Twaronite and Hideyuki SanoTOKYO (Reuters) – Asian shares struggled on Tuesday after a healthcare mega-merger failed to impress Wall Street, while the dollar took a breather from its run to 8-month highs on rising convictions that the Federal Reserve will raise interest rates next month. MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> wavered in and out of positive territory, and was last down 0.2 percent. Japan’s Nikkei <.N225> di
  
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• Asian shares wobble, dollar close to 8-month peak

  24-11-2015 04:41 via rocketnews.com
  
  By Lisa Twaronite and Hideyuki SanoTOKYO (Reuters) – Asian shares struggled on Tuesday after a healthcare mega-merger failed to impress Wall Street, while the dollar took a breather from its run to 8-month highs on rising convictions that the Federal Reserve will raise interest rates next month. MSCI’s broadest index of Asia-Pacific shares outside Japan wavered in and out of positive territory, and was last down 0.2 percent. Japan’s Nikkei dipped about 0.1 percent after a long
  
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