Analyst news

• Wall Street ends choppy session lower, weighed by China, oil

  08-12-2015 23:00 via news.yahoo.com
  
  U.S. stocks fell in a choppy session on Tuesday as lower oil prices pressured energy stocks for a fifth day and weak Chinese trade data reignited fears of a global slowdown. Crude prices hovered near 7-year lows after U.S. crude dipped below $37 per barrel and Brent fell below $40 for the first time since early 2009 on fears that global oil producers will pump even more crude in a saturated market. The China data added pressure to the energy and materials sectors as it sparked fears about a glob
  
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• USDOLLAR Recent Triangle Resistance Provides Support

  08-12-2015 21:45
  
  The USDOLLAR index ended up finding support from former triangle resistance (line that extends off of the April and September highs the line was resistance in October).
  
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• Majority of Apple Watch owners plan to give it as a gift

  08-12-2015 21:36 via news.yahoo.com
  
  By Julia Love SAN FRANCISCO (Reuters) - As Apple Watch enters the critical holiday shopping season, it looks likely to get a sales boost from happy customers, almost two-thirds of whom are planning to give one as a gift, a Reuters/Ipsos poll showed on Tuesday. The poll found that about 7 percent of U.S. adults plan to give the Watch as a gift this holiday season, including current owners. If even a fraction of consumers follow through, Apple would be well-positioned to meet or beat Wall Street's
  
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• Spotify to allow artists to withhold music from free service - WSJ

  08-12-2015 21:34 via news.yahoo.com
  
  (Reuters) - Spotify told music executives it was planning to allow some artists to start releasing albums only to its paid subscribers, while withholding the music temporarily from Spotify's 80 million free users, the Wall Street Journal reported. The music streaming service is initially trying the new approach as a test, the WSJ reported, citing a person familiar with the matter. Spotify hasn't decided which artist will first get to withhold music from the free service, according to the Journal
  
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• Majority of Apple Watch owners plan to give it as a gift: poll

  08-12-2015 21:32 via news.yahoo.com
  
  As Apple Watch enters the critical holiday shopping season, it looks likely to get a sales boost from happy customers, almost two-thirds of whom are planning to give one as a gift, a Reuters/Ipsos poll showed on Tuesday. The poll found that about 7 percent of U.S. adults plan to give the Watch as a gift this holiday season, including current owners. If even a fraction of consumers follow through, Apple would be well-positioned to meet or beat Wall Street's 2015 sales forecasts, which generally r
  
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• Wall Street falls on weak Chinese data, oil price decline

  08-12-2015 21:23 via rocketnews.com
  By Sinead Carew(Reuters) – U.S. stocks were down in a choppy trading session on Tuesday as oil prices pressured energy materials stocks for a fifth day and weak Chinese trade data reignited some fears of a global economic slowdown. Crude prices hovered near their 7-year lows after U.S. crude dipped below $37 per barrel and Brent fell below $40 for the first time since early 2009. This was after data released overnight showed China’s imports fell for the 13th consecutive month, with a
  
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• GBP/NZD Rebound in Jeopardy as RBNZ/BOE Rate Decisions Loom

  08-12-2015 20:55
  
  GBPNZD responded to support and a breach above the weekly opening range needed to validate a reversal. Here are the updated targets & invalidation levels that matter.
  
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• GBP/NZD Rebound in Jeapordy as RBNZ/BOE Rate Decisions Loom

  08-12-2015 20:55
  
  GBPNZD responded to support and a breach above the weekly opening range needed to validate a reversal. Here are the updated targets & invalidation levels that matter.
  
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• 'Big Short' goes long on comedy to look at 2007-09 financial crisis

  08-12-2015 19:59 via news.yahoo.com
  
  By Bob Tourtellotte LOS ANGELES (Reuters) - It is not easy to find the humor in the financial crisis that hit the U.S. economy eight years ago, but the "The Big Short" uses comedy as a lens to examine the intricacies and failures of Wall Street. The movie, starring Christian Bale, Brad Pitt and Steve Carell and out in New York and Los Angeles on Friday, takes a quirky look at the mortgage-backed security debacle that led to the U.S. sliding into recession from 2007, and the money managers who be
  
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• Wall Street falls as weak Chinese data, oil slump weigh

  08-12-2015 19:03 via news.yahoo.com
  
  Wall Street was lower on Tuesday as oil prices steadied but hovered near their 7-year low and weak Chinese trade data reignited fears of a global economic slowdown. "We do think oil is putting in a bottom here as U.S. production is expected to fall and view this as a good buying opportunity," said Gary Bradshaw, portfolio manager of Hodges Capital Management in Dallas, Texas. At 12:35 p.m. ET (1735 GMT) the Dow Jones industrial average was down 173.17 points, or 0.98 percent, at 17,557.34, the S
  
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• EUR/USD Bull-Flag Take Shape While Retail FX Remains Net-Short

  08-12-2015 19:00
  
  EUR/USD may continue to retrace the decline from back in October as the pair carves a bullish pattern following the ECB rate decision.
  
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• Nasdaq to buy Chi-X Canada to access Canadian equities market

  08-12-2015 17:59 via news.yahoo.com
  
  Nasdaq said it would acquire the Canadian unit of alternative equities trading platform Chi-X Global Holdings in a deal giving it direct access to the Canadian equities market. Nasdaq said the purchase of Chi-X Canada would be accretive to its earnings, excluding transaction-related costs, and deliver attractive returns on capital. Bloomberg reported in November that the deal would value Chi-X Canada at about $100 million.
  
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• Wall Street falls on weak Chinese data, oil slump

  08-12-2015 17:31 via news.yahoo.com
  
  Wall Street slipped on Tuesday as oil prices steadied but remained close to their 7-year low and weak Chinese trade data reignited fears of a global economic slowdown. Oil major Exxon was down about 1 percent, while miner Freeport McMoRan fell 3.5 percent. Exxon was the biggest drag on the S&P. "We do think oil is putting in a bottom here and view this as a good buying opportunity," said Gary Bradshaw, portfolio manager of Hodges Capital Management in Dallas, Texas.
  
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• Price & Time: NZD/USD – Moment of Truth Awaits

  08-12-2015 17:00
  
  NZD/USD embarks on important test, .6785 and .6515 look critical heading into the RBNZ.
  
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• US Dollar Holds Pivotal Support - Here are Levels to Watch Next

  08-12-2015 16:55
  
  The US Dollar has held major support versus the Euro, Australian Dollar, and British Pound. Here are the levels we’re watching next.
  
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• Wall Street opens lower as oil plunges further

  08-12-2015 16:09 via rocketnews.com
  By Tanya Agrawal(Reuters) – Wall Street opened lower on Tuesday as shares of energy companies and miners were dragged down by a continued slide in oil prices and fears of a global economic slowdown on weak Chinese trade data. U.S. crude fell below $37 per barrel for the first time since early 2009 amid fears the world was running out of capacity to store crude as a global glut intensifies. Oil majors Exxon and Chevron were down more than 3 percent, while miner Freeport McMoRan fell 3.6 per
  
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• Wall St. opens lower on China data, oil slide

  08-12-2015 15:36 via news.yahoo.com
  
  (Reuters) - Wall Street opened lower on Tuesday as weak China trade data and a further slide in oil prices dragged down shares of energy companies and miners.
  
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• The EUR/USD Trades to Weekly Highs on GDP Data

  08-12-2015 15:25
  
  The EUR/USD is rising this morning with Euro-Zone GDP figures being released in line with expectations at 1.6%.
  
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• The Commodity Bloodbath Worsens as Downward Pressure Persists in China

  08-12-2015 15:23
  
  The past three months have seen an onslaught of negative data, but most global equity bourses are continuing to march higher. Will this last forever?
  
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• USD/CHF: Swiss NB decision

  08-12-2015 15:17 via liteforex.com
  Forex analytics: Current trendDespite the significant decline last Thursday, the USD/CHF pair maintains upward dynamics.The pair is supported by poor macroeconomic data from Switzerland that came out last week and showed a near-zero inflation and GDP growth, which represents a slowdown of the economy of the country. The data can force the Swiss NB to ease monetary policy further as the strong Franc, according ...
  
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• Wall Street set to open lower on China trade data, oil slide

  08-12-2015 15:05 via news.yahoo.com
  
  Wall Street looked set to open lower on Tuesday as weak trade data out of China reignited fears of a global economic slowdown and oil prices continued to slide. Data showed China's imports fell for the 13th consecutive month, with an 8.7 percent decline in November compared with a year earlier. Oil prices resumed their slide, with U.S. crude falling below $37 per barrel for the first time since early 2009, amid fears the world was running out of capacity to store crude as a global glut intensifi
  
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• GBP/USD: pair is falling

  08-12-2015 14:04 via liteforex.com
  Forex analytics: Current trendIn the beginning of the week, the pair significantly declined despite poor macroeconomic statistics from the US. The pair was pressured by data on Manufacturing Production in the UK that came out substantially worse than forecasts and the previous figure.This week, attention needs to be paid to data on Retail Sales and Initial Jobless Claims in the US, and the Bank of England ...
  
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• US DOLLAR Technical Analysis: Is Dollar Dominance the December Play?

  08-12-2015 13:44
  
  US DOLLAR Technical Strategy: Strong Bounce Off 38.2% Fibo Favors Further USD Strength
  
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• Tug-of-War in RBNZ Rate Expectations Keeps NZD/USD on Alert

  08-12-2015 13:37
  
  EUR/NZD and NZD/USD could be in for big moves around the Reserve Bank of New Zealand rate decision on Wednesday.
  
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• Brent: price continues falling

  08-12-2015 10:22 via liteforex.com
  Forex analytics: Current trendYesterday the price of Brent crude oil continued rapidly falling and reached its 2009 lows. At the same time, according to opinions of experts the fall could be just the beginning of the new wave of decline in prices.The fall was due to the results of Friday’s OPEC meeting where the cartel decided not to reduce its production quotas that remained at 30 million barrels a day. ...
  
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• Market and currency volatility, key risk for region: S&P's

  08-12-2015 09:35 via news.yahoo.com
  
  KUALA LUMPUR: The near term worry for Asia-Pacific economies is the move toward normal interest rates due to the pile of new debt in the region warned Standard & Poor's in its latest report. China, Hong Kong, Malaysia, Singapore, and Thailand will need service their debt at higher interest rates. In its Asia-Pacific Credit Outlook 2016, it pointed to an `elevated' risk and `increasing' trend in huge debt due to past stimulus measures by China and the region's policymakers and corporates' hig
  
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• Market and currency volatility, key risk for region: S&P’s

  08-12-2015 09:35 via rocketnews.com
  KUALA LUMPUR: The near term worry for Asia-Pacific economies is the move toward normal interest rates due to the pile of new debt in the region warned S&P’s in its latest report.China, Hong Kong, Malaysia, Singapore, and Thailand will need to service their debt at higher interest rates.
  In its Asia-Pacific Credit Outlook 2016, it pointed to an ‘elevated’ risk and ‘increasing’ trend in huge debt due to past stimulus measures by China and the region’s policy
  
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• AUD/USD: pair turned down

  08-12-2015 09:22 via liteforex.com
  Forex analytics: Current trendOn Monday, the AUD/USD pair was moving actively down from its local highs, hit at the end of the week. Analysts suggest that the pair is declining amid an upward correction in the US Dollar against the EUR, the GBP and some other currencies. As long as the Fed is still likely to raise interest rates at the upcoming meeting, the demand for the American currency is growing.The ...
  
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• Copper, Gold Depressed by An Oil Rout Following OPEC Output Disaccord

  08-12-2015 09:08
  
  An oil rout due to OPEC disaccord led commodities downward overnight. Prices later stabilized in Asia despite a miss in China trade balance
  
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• Nikkei 225 Technical Analysis: Consolidate above Lower Bound of Range

  08-12-2015 08:04
  
  Nikkei 225 consolidates after failures to break support at 61.8% Fibonacci. Range trade prevails amid year-end market, weak downside bias
  
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• News of the day. Tuesday 08.12.2015

  08-12-2015 07:21 via liteforex.com
  Forex analytics: Out of macroeconomic publications that can affect dynamics in currencies today, attention needs to be paid to releases from the eurozone and the UK. Data on the GDP for the third quarter of the year is due at 12 pm (all times stated in GMT+2) in the eurozone. The index is expected to remain unchanged at 0.3% on a month-to-month basis, and at 1.6% against the previous year. NIESR GDP Estimate for ...
  
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• Australian Dollar Falls Following Continued Slide in Chinese Trade Balance

  08-12-2015 05:40
  
  The Australian Dollar slowly extended its decline versus its US counterpart after November’s Chinese Trade Balance crossed the wires.
  
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• Asian stocks drop after Wall Street fall on oil prices

  08-12-2015 05:31 via news.yahoo.com
  
  BEIJING (AP) — Asian stock markets fell Tuesday after a decline in oil prices to a six-year low pushed down Wall Street.
  
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• Fed Rate Decision Can Ignite Volatility and Upend Well Established Trends

  08-12-2015 05:18
  
  Market-based probabilities of a Fed rate hike at next Wednesday’s policy meeting seem to position it as an inevitability. The reaction from the Dollar and capital markets is anything but.
  
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