Analyst news

• USD/JPY Risks Larger Pullback on Dismal US GDP, Sticky Japan CPI

  18-12-2015 23:53
  
  Despite the 2015 Fed liftoff, USD/JPY stands at risk of facing range-bound prices in the week ahead as the final U.S. 3Q Gross Domestic Product (GDP) report is anticipated to show a downward revision in the growth rate, while the Bank of Japan (BoJ) largely endorses a wait-and-see approach for 2016.
  
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• The Sterling Lining Presents a Glimmer of Hope after Dollar, Yen Drubbings

  18-12-2015 23:32
  
  Data this week, on net, was pretty much a positive for the UK and the British Pound.
  
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• Wall Street slides on lower crude prices, stock options expiry

  18-12-2015 22:56 via news.yahoo.com
  
  U.S. stocks closed lower on Friday for the second straight day, as concerns, ranging from a decline in crude oil prices to the global response to the Federal Reserve's interest hike, weighed down the market. The S&P and Dow had their worst two-day performance since Sept. 1, while indexes posted losses for the week. "It's a confluence of all the factors: oil prices continuing to run down, the Chinese trying to counteract the dollar and everyone is digesting, globally, what the Fed's announcem
  
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• Wall Street ends off, weighed by oil, global worries

  18-12-2015 22:06 via news.yahoo.com
  
  (Reuters) - U.S. stocks closed lower on Friday for the second straight day, weighed down by concerns including falling crude oil prices and the global response to the Federal Reserve's interest hike. The Dow Jones industrial average fell 370.19 points, or 2.12 percent, to 17,125.65, the S&P 500 lost 36.36 points, or 1.78 percent, to 2,005.53 and the Nasdaq Composite dropped 79.47 points, or 1.59 percent, to 4,923.08. (Reporting by Sinead Carew; Editing by James Dalgleish)
  
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• US DOLLAR Technical Analysis: Fed-Fueled Momentum Keeps Focus Higher

  18-12-2015 22:01
  
  Price Remains Support and the Fed May Have Provided the Fuel Needed For the Next Rally.
  
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• UPDATE 4-Turing CEO Shkreli replaced by chairman after fraud bust

  18-12-2015 21:24
  
  Dec 18 (Reuters) - Martin Shkreli, the poster boy for large prescription drug price increases, has stepped down as chief executive of Turing Pharmaceuticals, the company said on Friday, following his...
  
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• UPDATE 4-BlackBerry results trounce expectations on software; shares rally

  18-12-2015 21:00
  
  TORONTO, Dec 18 (Reuters) - BlackBerry's pivot to software began to show traction on Friday, after the company reported a smaller quarterly loss and its first quarter-to-quarter revenue increase in...
  
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• What the Bond Market Knows That the Stock Market Doesn’t

  18-12-2015 20:35 via news.yahoo.com
  
  Equities collapsed on Thursday and have continued to tumble on Friday, erasing Wednesday's meltup following the Federal Reserve's decision to raise interest rates for the first time in nine years. Societe Generale's bearish strategist Albert Edwards criticizes the Fed for waiting too long to start weaning the market from its monetary morphine.
  
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• USD/JPY Technical Analysis: BoJ Surprise Brings Volatility, Yet The Range Holds

  18-12-2015 19:43
  
  USD/JPY saw a large range of 250 pips as the BoJ data was digested. Here are the levels in focus.
  
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• USD/JPY Technical Analysis: BoJ Causes, Yet The Range Holds

  18-12-2015 19:43
  
  USD/JPY saw a large range of 250 pips as the BoJ data was digested. Here are the levels in focus.
  
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• Wall Street slides on lower crude prices, options expiry

  18-12-2015 19:15 via news.yahoo.com
  
  The Dow Jones industrial average shed nearly 300 points as crude prices headed for their third straight weekly loss, and stock and index options contracts expired. The Dow and the S&P 500 were on track for their worst two-day run since Nov. 1, and the Nasdaq since mid-November, almost erasing gains from the three-day rally up to the Federal Reserve's interest rate hike on Wednesday. There's no new news that's any kind of substance that's driving this," said Jeff Powell, managing partner of P
  
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• London close: Stocks track losses on Wall Street

  18-12-2015 18:31 via news.yahoo.com
  
  (ShareCast News) - Investors took profits on Friday as Wall Street fell on day two after the US Federal Reserve's decision to hike interest rates, defying expectations for the traditional Santa Claus rally ...
  
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• BlackBerry earnings top expectations on software; shares rally

  18-12-2015 18:27 via news.yahoo.com
  
  By Euan Rocha and Alastair Sharp TORONTO (Reuters) - BlackBerry on Friday reported a smaller quarterly loss and its first quarter-to-quarter rise in revenue in over two years, sending its stock soaring as much as 12.6 percent, as its pivot to software begun to bear fruit. Significantly, gains in software revenue more than offset a steepening decline in legacy system access fees for the first time, and the Waterloo, Ontario-based company said the trend should continue. BlackBerry has staked its t
  
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• Britain's FTSE posts biggest weekly gain in a month

  18-12-2015 18:03
  
  * Miners track gains in metals prices (Adds detail, updates prices at close)
  
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• Turing Pharma close to replacing CEO Shkreli - WSJ

  18-12-2015 17:55 via news.yahoo.com
  
  (Reuters) - Privately held drugmaker Turing Pharmaceuticals Inc is close to replacing Chief Executive Martin Shkreli, the Wall Street Journal reported on Friday, a day after the FBI arrested him on ch...
  
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• Disney shares fall after BTIG cuts to "sell" on ESPN woes

  18-12-2015 17:44
  
  Dec 18 (Reuters) - Walt Disney Co's shares slumped after BTIG analyst Richard Greenfield cuts his rating to "sell" from "neutral", saying the likely success of the latest Star Wars movie would not be...
  
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• Why Earnings Look Set To Struggle At Royal Dutch Shell Plc & Glencore PLC Beyond 2016!

  18-12-2015 16:49 via news.yahoo.com
  
  Royston Wild explains why the worst is far from over at Royal Dutch Shell Plc (LON: RDSB) and Glencore PLC (LSE: GLEN).
  
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• Britain's FTSE set for biggest weekly gain in a month

  18-12-2015 16:37
  
  * Miners track gains in metals prices (Adds detail, updates prices)
  
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• Price & Time: USDOLLAR - Negative December Seasonality A Dud?

  18-12-2015 16:25
  
  Negative seasonal USD tendencies so for non-factor, Is this a positive heading into January?
  
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• Nigeria stocks down to 3-year low, tracks global market

  18-12-2015 16:22 via news.yahoo.com
  
  Nigerian stocks hit a three-year low on Friday, tracking a fall in global markets as investors digested the impact of this week's U.S. rate hike. The stock market, which has the second-biggest weighting after Kuwait on the MSCI frontier market index, shed 1.54 percent at the close, dropping to levels last reached in December 2012. Investors turned cautious on Friday about what a stronger dollar and weak commodity prices could mean for the world economy following Wednesday's 0.25 percent rate hik
  
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• UPDATE 3-Expected restoration of Israel-Turkey ties seen paving way for gas import deal

  18-12-2015 16:16
  
  * Turkish officials say reaching a final deal wont take too long (Updates with comments from Turkish official, share price)
  
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• What Does 2016 Have In Store For Aberdeen Asset Management plc, Hargreaves Lansdown PLC & Schroders plc?

  18-12-2015 15:36 via news.yahoo.com
  
  Aberdeen Asset Management plc (LON: ADN), Hargreaves Lansdown PLC (LON: HL) and Schroders plc (LON: SDR) are more than just geared plays on the stock market, says Harvey Jones
  
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• CAC40 Attempts to Break Lower

  18-12-2015 15:35
  
  The CAC40 is attempting to breakout lower this morning, and is currently trading down -.96% on the day.
  
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• USD/JPY: Fibonacci analysis

  18-12-2015 15:10 via liteforex.com
  Forex analytics: The pair might continue moving down.On the 4-hour chart, after a sharp decline, the price broke down the level of 121.36 (23.6% correction) and might continue declining to the levels of 120.70 (0.0% correction) and 120.40 (61.8% correction for the medium-term trend). The price would start moving up after the consolidation above the level of 121.36. In this case, targets would be the levels of ...
  
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• Brent: correction possible

  18-12-2015 15:00 via liteforex.com
  Forex analytics: Current trendThe price of Brent crude oil continues falling.Data on the EIA Crude Oil Stocks change that came out on Wednesday in the US showed an increase in oil reserves by 4.801 million barrels. Nonetheless, the price remains under pressure due to the excess of supply on the market. The OPEC meeting that finished in the beginning of the month represented an unwillingness of the cartel to ...
  
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• News of the day. USA, 16:45

  18-12-2015 14:50 via liteforex.com
  Forex analytics: Preliminary data on the Markit Services PMI for December is due at 16:45 (GMT+2) in the US. The index is based on surveys of managers of the leading companies in the services sector regarding current economic conditions and their future prospects. According to forecasts, the figure will remain unchanged at 56.1 points, and any increase in the index will support the USD. 
  
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• GLOBAL MARKETS-Fed alert: World stocks drop as investors digest U.S. rate rise

  18-12-2015 13:56 via news.yahoo.com
  
  LONDON, Dec (Shanghai: 600875.SS - news) 18 (Reuters) - Investors turned cautious on Friday about what a stronger dollar and weak commodity prices could mean for the world economy, as a clutch of central banks moved to cushion the impact of the first U.S. rate rise in nearly a decade. Initial relief after the U.S. Federal Reserve enacted a long-expected hike earlier this week started began to fade, as declines in global stocks and emerging markets showed that the move might not pass off as smoot
  
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• Equity markets spooked as India cuts growth target

  18-12-2015 13:54 via news.yahoo.com
  
  Mumbai, Dec 18 (IANS) Key Indian stock market indices were more than a percentage point down on Thursday, spooked by a series of events, notably a sharp cut in the official growth forecast to 7-7.5 percent from 8.1-8.5 percent, global fall in commodity prices and weakness in crude oil.
  
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• USD/CHF: flat today

  18-12-2015 13:34 via liteforex.com
  Forex analytics: Current trendYesterday, Swiss State Secretariat for Economic Affairs released its growth forecasts. The global economic is expected improve, while economic growth in Switzerland tends to accelerate.According to the forecast, Swiss GDP will expand 1.5% in 2016 and 1.9% in 2017. At the same time, SECO cut its 2015 growth forecast to 0.8% from 0.9%. However, several factors, the strong Swiss ...
  
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• UPDATE 2-Chinese tech company Qihoo 360 latest to be taken private

  18-12-2015 13:33
  
  * Shares rise 2.7 pct to $73.78 premarket (Adds details, background, updates shares)
  
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• News of the day. Canada, 15:30

  18-12-2015 13:30 via liteforex.com
  Forex analytics: Data on the Consumer Price Index for November is going to be published at 15:30 (GMT+2) in Canada. On a year-to-year basis, the index will grow from 1.0% to 1.5% that would be the highest figure since December last year. The Bank of Canada Consumer Price Index Core that excludes food and energy price should also increase from 2.1% to 2.3%. Forecasts realisation will support the CAD. 
  
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• NZD/USD Technical Analysis: Rejected at 17-Month Resistance

  18-12-2015 12:46
  
  The New Zealand Dollar was rejected downward after testing falling trend line resistance capping gains since July 2014 against its US counterpart.
  
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• DAX 30: The Euro, the Force Is Strong With This One

  18-12-2015 12:30
  
  The DAX trades off key line of resistance, Euro searching for support.
  
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• AUD/USD Technical Analysis: Looking for Bounce to Sell Anew

  18-12-2015 12:26
  
  The Australian Dollar dropped through range support below the 0.72 figure against its US namesake, seemingly completing a bearish Head and Shoulders top chart pattern.
  
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• Don’t Weep for Wall Street: Banks Won More Than They Lost This Week

  18-12-2015 12:15 via news.yahoo.com
  
  The verdict is in on the big year-end tax and spending deal, and everyone agrees that Wall Street was one of the biggest losers. Bank lobbyists had a giant wish list of riders to attach to the must-pass ...
  
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• Thai telecoms shares bruised as battle for 4G licences drags on

  18-12-2015 12:05
  
  BANGKOK, Dec 18 (Reuters) - Shares in Thailand's telecoms sector slid to a three-year low on Friday as investors worried about the cost of 4G mobile licences and the possible entry of a new player...
  
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• Miners help prop up commodity-heavy FTSE

  18-12-2015 11:11 via news.yahoo.com
  
  By Atul Prakash LONDON (Reuters) - Britain's top equity index steadied on Friday, outperforming the broader European stock market and propped up by commodities shares, which advanced as prices of major industrial metals and oil rose. The commodity-heavy FTSE 100 index was flat in percentage terms at 6,100.11 points by 0918 GMT, after gaining 0.7 percent in the previous session. Most British shares followed suit with the notable exception of the commodity sector.
  
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• Miners help prop up Britain's commodity-heavy FTSE

  18-12-2015 11:06 via news.yahoo.com
  
  Britain's top equity index steadied on Friday, outperforming the broader European stock market and propped up by commodities shares, which advanced as prices of major industrial metals and oil rose. The ...
  
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• World stocks, dollar dip as investors turn wary after Fed

  18-12-2015 11:04 via news.yahoo.com
  
  By John Geddie LONDON (Reuters) - Investors turned cautious on Friday about what a stronger dollar and weak commodity prices could mean for the world economy, as a clutch of central banks moved to cushion the impact of the first U.S. rate rise in nearly a decade. Initial relief after the U.S. Federal Reserve enacted a long-expected hike on Wednesday started to fade, as falls in global stocks and emerging markets showed that the move might not pass off as smoothly as hoped. European shares fell b
  
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• GLOBAL MARKETS-World stocks, dollar dip as investors turn wary after Fed

  18-12-2015 11:02 via news.yahoo.com
  
  LONDON, Dec (Shanghai: 600875.SS - news) 18 (Reuters) - Investors turned cautious on Friday about what a stronger dollar and weak commodity prices could mean for the world economy, as a clutch of central banks moved to cushion the impact of the first U.S (Other OTC: UBGXF - news) . Initial relief after the U.S. Federal Reserve enacted a long-expected hike on Wednesday started to fade, as falls in global stocks and emerging markets showed that the move might not pass off as smoothly as hoped. Eur
  
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• UPDATE 2-StanChart may see white knight takeover on painful recovery -CLSA

  18-12-2015 10:23
  
  * Big slide in StanChart in 2015 makes it affordable target-CLSA
  
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• USD/CAD: pair renews highs

  18-12-2015 10:12 via liteforex.com
  Forex analytics: Current trendThe USD/CAD pair keeps growing renewing new highs.The main reason for the growth in the pair is strengthening US Dollar that was supported after the Fed meeting on Wednesday at which the regulator, as was expected, increased interest rates in the US by 25 basis points to 0.5%. At the same time, Fed Chair Janet Yellen noted that further monetary policy would remain quite ...
  
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• UPDATE 1-Zorlu shares surge on hopes Turkey normalising Israel ties

  18-12-2015 09:57
  
  ISTANBUL/JERUSALEM, Dec 18 (Reuters) - Shares in Turkey's Zorlu Energy, which is involved in energy projects in Israel, surged as much as 10 percent on Friday after an Israeli official said a...
  
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• AUD/USD: decline in pair

  18-12-2015 09:19 via liteforex.com
  Forex analytics: Current trendOn Thursday, the AUD/USD pair was declining actively towards mid-November lows. The American currency continues strengthening as the Fed increased the interest rate to 0.5 percent from 0.25 percent at its last meeting.However, during the press conference on Wednesday, Fed Chair Janet Yellen said, despite a rate hike, monetary policy is going to remain loose for a long period of ...
  
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• XAU/USD: gold declined

  18-12-2015 09:14 via liteforex.com
  Forex analytics: Current trendYesterday the price of gold significantly declined. The reason for the fall was growing US Dollar that strengthened after the Fed meeting at which the regulator increased interest rates by 25 basis points to 0.50%. At the same time, Fed Chair Janet Yellen pointed out that monetary policy is going to remain loose yet for some time, while the current rate increase is a matter of ...
  
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• Many happy returns as China stock market marks 25

  18-12-2015 07:53 via news.yahoo.com
  
  A quarter of a century after it opened for business, the Shanghai exchange as a whole has more than 1,000 listed firms, nearly 100 million investors -- more than the membership of the Communist party -- and a total market capitalisation of $4.5 trillion. Shanghai trading started more than a decade after the launch of economic reforms that transformed China, but at a time when the Communist Party was still deeply wary of the ultimate capitalist tool.
  
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• Yen Seesaw on BOJ Policy Move Warns of Risks in Thin Liquidity

  18-12-2015 07:45
  
  The Japanese Yen was battered by sharp, seesaw volatility after the BOJ monetary policy announcement, highlighting risks amid thin year-end liquidity conditions.
  
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• UK PM Cameron Hopeful After First Day of EU Summit

  18-12-2015 06:56
  
  The first meeting of the two day EU summit left UK Prime Minister David Cameron optimistic that he may achieve an agreement with the member states before his country’s referendum.
  
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• Spat between China Vanke's chairman and top investor fuels bidding war talk

  18-12-2015 06:14
  
  SHANGHAI, Dec 18 (Reuters) - Shenzhen shares of China Vanke Co rose limit-up for the second straight day after a war of words broke out between its chairman and its biggest shareholder over control...
  
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