Analyst news

• With US off, global stocks buoyed by Europe stimulus hopes

  26-11-2015 18:29 via news.yahoo.com
  
  LONDON (AP) — With Wall Street closed for the Thanksgiving holiday and tensions between Russia and Turkey fading, European stock markets were buoyed Thursday by expectations that the European Central Bank will back further stimulus for the ailing 19-country eurozone economy next week.
  
  Read more

• The Flipside of Mario Draghi’s Congested Trade

  26-11-2015 18:00
  
  We're coming into another environment where no forecast is too bearish for the EUR, and that could be bullish should the ECB disappoint traders.
  
  Read more

• Silver Prices: Traders Do Their Best To Break The Downward Trend

  26-11-2015 17:03
  
  Silver traders try to challenge the downward trend, but prices remain capped at $14.40. Chinese aluminum and nickel producers ask the government to help stabilize prices
  
  Read more

• European shares rise to three-month high in thin trade

  26-11-2015 16:30 via news.yahoo.com
  
  MILAN/LONDON, Nov 26 (Reuters) - European shares hit fresh three-month highs on Thursday, rising in thin trade as expectations grew for aggressive European Central Bank action next week. Wall Street was closed for the U.S (Other OTC: UBGXF - news) . The euro edged towards seven-month lows against the dollar as investors bet that the ECB would ease policy again in December.
  
  Read more

• Advertisement

• FTSE 100 Soars To New Highs, Set To Remain Bullish

  26-11-2015 15:49
  
  The break to 6367 opens up for a rally towards the November 5 high at 6422
  
  Read more

• MIDEAST STOCKS-Corporate news boosts Egypt, Gulf mixed

  26-11-2015 15:06 via news.yahoo.com
  
  * Egypt's Pioneers surges on nine-month earnings * Global Telecom up on Pakistan deal * But Orascom Telecom Media continues plunging * Dubai's Second Market sees first listing * Abu Dhabi National Energy pulls back after Wednesday's leap By Andrew Torchia DUBAI, Nov 26 (Reuters) - Positive corporate news boosted Egypt's stock market on Thursday while Gulf bourses were mixed in modest volumes because of a lack of fresh incentives. Egypt's index rose 0.6 percent to 6,428 points, bouncing further f
  
  Read more

• Economic risk for Malaysia's banking sector revised to stable: S&P's

  26-11-2015 12:44 via news.yahoo.com
  
  KUALA LUMPUR: Standard & Poor's Ratings revised its economic risk trend for Malaysia's banking sector to stable from negative, saying the industry risk trend remains stable. It also revised the outlook for AmBank, RHB Bank and RHB Investment Bank to stable from negative. "Our stable outlooks on Malaysian banks factor in our expectation that these banks will maintain their satisfactory financial profiles even as the domestic economy slows," the rating agency said.
  
  Read more

• Economic risk for Malaysia’s banking sector revised to stable: S&P’s

  26-11-2015 12:44 via rocketnews.com
  KUALA LUMPUR: Standard & Poor’s Ratings revised its economic risk trend for Malaysia’s banking sector to stable from negative, saying the industry risk trend remains stable.It also revised the outlook for AmBank, RHB Bank and RHB Investment Bank to stable from negative.
  “Our stable outlooks on Malaysian banks factor in our expectation that these banks will maintain their satisfactory financial profiles even as the domestic economy slows,” the rating agency said.
  It ad
  
  Read more

• Advertisement

• EUR/USD: pair in downward trend

  26-11-2015 12:34 via liteforex.com
  Forex analytics: Current tendThe EUR/USD pair continues falling along a narrow downward channel and keeps testing new lows.This week the pair was pressured by strong macroeconomic statistics from the US on Durable Goods Orders and Initial Jobless Claims that came out a lot stronger than forecasts.In the end of the week, low volatility is expected in the pair due to the absence of important publications from ...
  
  Read more

• XAG/USD: pair in flat

  26-11-2015 12:14 via liteforex.com
  Forex analytics: Current trendThe recent macroeconomic statistics coming out in the US increasing market expectations of an interest rate hike by the Fed in December.Revised GDP data for the third quarter showed a 2.1% growth, which is 0.1% higher than forecasts. In addition, Durable Goods Orders for October grew by 3% that was two times bigger than economists expected, Personal Consumption Expenditures – ...
  
  Read more

• Miners help FTSE to edge higher, BHP slips

  26-11-2015 10:52 via news.yahoo.com
  
  By Atul Prakash LONDON (Reuters) - Britain's top share index edged higher in early trade on Thursday, with a rally in basic resources stocks on the back of stronger metals prices supporting the broader stock market. Prices of other industrial metals such as copper and aluminium were also strong. Shares in Anglo American , Glencore , Fresnillo and Antofagasta rose 1.8 to 4.0 percent, helping the blue-chip FTSE 100 index to gain 0.2 percent to 6,350.80 points by 0915 GMT.
  
  Read more

• Europe open: Stocks edge higher in quiet trade as basic resources advance

  26-11-2015 10:16 via news.yahoo.com
  
  (ShareCast News) - European stocks edged higher at the start of what is likely to be a fairly quiet day's trade, with Wall Street closed for the Thanksgiving holiday, as basic resources lent support.
  
  Read more

• USD/CAD: pair fell

  26-11-2015 09:34 via liteforex.com
  Forex analytics: Current trendYesterday the pair continued correctional decline despite the publication of strong macroeconomic statistics from the US that raised probability of an interest rate hike in the US in December. Durable Goods Orders in October grew by 3%, while the number of Initial Jobless Claims fell from 272 to 260 thousands, both exceeded forecasts.That last two trading days of the week are ...
  
  Read more

• GBP/USD: pair gained back some positions

  26-11-2015 08:44 via liteforex.com
  Forex analytics: Current trendOn Wednesday, the GBP/USD pair managed to gain back some of its losses, having risen from local lows. Traders continue taking profit on USD long positions, despite the USD is getting significant support from macroeconomic data.Thus, the US released very strong Durable Goods Orders statistics. After a 0.8% decline in the previous month, the indicator grew by 3.0% in October that ...
  
  Read more

• XAU/USD: gold falling again

  26-11-2015 08:42 via liteforex.com
  Forex analytics: Current trendYesterday gold resumed its fall after a short growth on Tuesday.The price was pressured by strong macroeconomic data that came out in the US. Durable Goods Orders in October grew by 3%, against forecasted growth by 1.5%. The number of Initial Jobless Claims fell from 272 to 260 thousands and also exceeded forecasts. In addition, according to preliminary figures, Markit Services ...
  
  Read more

• Nikkei 225 Technical Analysis: Still Attempt to Break Resistance

  26-11-2015 07:31
  
  The index struggles to break above 76.4% Fibonacci and resistance level at 19.989, to re-test yearly high. Bullish trades remain in focus
  
  Read more

• Currency Swings in Thin Markets to Struggle for Follow-Through

  26-11-2015 07:30
  
  Currency market swings registered in thin liquidity conditions are unlikely to find follow-through and may see swift reversals after participation returns to normal levels.
  
  Read more

• Copper Jumps to Report China Will Probe Short Sales; Oil, Gold Steady

  26-11-2015 07:24
  
  Copper, metals jump after report that Chinese regulators may investigate short-selling. Oil steadies following a drop in rigs and stocks
  
  Read more

• News of the day. Thursday 26.11.2015

  26-11-2015 07:16 via liteforex.com
  Forex analytics: There are not going to be many important publications in either Europe or the US, where it is a Thanksgiving Day, on Thursday. Today attention needs to be paid to data on the Industrial Production for the third quarter in Switzerland, due at 10:15 am (GMT+2). It is worth noting that Industrial Production was falling in the first half of the year – by 5% in the first quarter and by 2.4% in the ...
  
  Read more

• Hong Kong leads the way as Asia stocks rally

  26-11-2015 04:38 via rocketnews.com
  Chinese energy firms rallied in Hong Kong on Thursday following the latest moves to reform the country’s bloated state-owned enterprises, leading an Asian stock market advance.Another broadly upbeat batch of data on the US economy also provided some support on regional trading floors, while tensions over Turkey’s shooting down of a Russian fighter jet also eased slightly.
  PetroChina, the biggest energy producer, jumped 1.4 percent after saying it would sell its stake in a pipeline co
  
  Read more

• Australian Dollar Declines as Capex Data Fuels RBA Rate Cut Bets

  26-11-2015 04:14
  
  The Australian Dollar tumbled against its US counterpart after Australia’s third quarter Capex data rallied RBA rate cut bets.
  
  Read more

• EUR/USD Technical Analysis: Bounce Hinted Near 1.06

  26-11-2015 02:24
  
  The Euro continues to stall above the 1.06 figure against the US Dollar as markets struggle for directional conviction in thinning pre-holiday trade.
  
  Read more

• Big banks accused of interest rate-swap fixing in U.S. class action suit

  26-11-2015 01:48 via news.yahoo.com
  
  By Mike Kentz NEW YORK, Nov 25 - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street's biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market ...
  
  Read more

• Asian shares edge up, euro under pressure as ECB looms

  26-11-2015 01:45 via news.yahoo.com
  
  By Lisa Twaronite TOKYO (Reuters) - Asian shares advanced in early trade on Thursday, while growing bets the European Central Bank was gearing up to deliver further stimulus steps kept the euro under pressure. MSCI's broadest index of Asia-Pacific shares outside Japan edged up about 0.4 percent, after Wall Street put in a nearly flat performance ahead of the U.S. Thanksgiving holiday. Japan's Nikkei added 0.5 percent in early trade.
  
  Read more

• UPDATE 3-Dow predicts EPA review of herbicide safety resolved soon

  26-11-2015 01:39
  CHICAGO, Nov 25 (Reuters) - Dow Chemical Co expects environmental safety concerns about its new herbicide Enlist Duo to be resolved, the company said Wednesday, after the government asked a federal...
  
  Read more

• Big banks accused of interest rate-swap fixing in class action suit

  26-11-2015 00:45 via rocketnews.com
  By Mike KentzNEW YORK (IFR/Reuters) – A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate swaps.
  The class action lawsuit, filed in U.S. District Court in Manhattan, accuses Goldman Sachs, Bank of America Merrill Lynch, JPMorgan Chase, Citigroup, Credit Suisse, Barclays, BNP Paribas, UBS, Deutsche Bank, and the Royal Bank of Scotland of collud
  
  Read more

Follow @news_analyst on Twitter!