Analyst news

• Previously Unthinkable Becomes Quite Likely - Watch the Chinese Yuan

  14-01-2016 23:35
  
  The Chinese Yuan remains under pressure given sharp volatility in China’s financial markets and risk of capital flight. We view a significant Yuan devaluation as a major risk going forward.
  
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• U.S. stock market strategists not ready for the bear yet

  14-01-2016 23:00 via news.yahoo.com
  
  The 6.0 percent year to date decline in the Standard & Poor's 500 index, prompted by worries about Chinese economic weakness, a decline in oil prices, and a generalized fear of the selling feeding on itself, has put optimists in the position of having to predict really outsized returns from now just to show modest returns for 2016. UBS Wealth Management Global Chief Investment Officer Mark Haefele downgraded U.S. equities to neutral on a 6-month basis last week, after having been overweight
  
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• Bounce in oil prices lifts energy shares, U.S. stocks

  14-01-2016 22:21 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - The energy sector led the beaten-up U.S. stock market higher on Thursday as oil prices rebounded from 12-year lows. Gains in stocks and oil also helped push the U.S. dollar higher, while the increases in risk assets reduced demand for safe-haven gold and U.S. government debt. Equity markets have tumbled to start the year as volatility in Chinese shares and the persistent slide in oil made investors jittery about the health of the global economy.
  
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• Dollar cheered by gains in U.S. stocks, oil prices

  14-01-2016 21:54 via news.yahoo.com
  
  By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar rose on Thursday, bolstered by gains in the U.S. stock market and a rebound in oil, suggesting that the Federal Reserve may not be as constrained to push ahead with its plan to raise interest rates several times this year. Oil prices have been volatile the first two weeks of the year, but on Thursday, U.S. crude futures were up more than 2 percent. "In that environment, we're seeing the funders (euro, yen) underperform and the high-beta
  
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• GBPJPY Coiling For Next Big Move- Breach of 170.50 to Fuel Recovery

  14-01-2016 21:52
  
  GBPJPY is in consolidation with an imminent break of this range to validate our near-term directional bias. Here are the updated targets & invalidation levels that matter.
  
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• Wall Street jumps as investors snap up energy, biotechs

  14-01-2016 21:06
  By Caroline Valetkevitch(Reuters) – U.S. stocks rebounded sharply in late Thursday trading as investors snapped up battered energy and other shares, while financials rose after upbeat results from JPMorgan.
  The S&P energy sector <.SPNY> shot up 4.4 percent, on track for its best day since late August, while shares of Exxon Mobile <XOM.N> surged 5.2 percent, also the biggest percentage gain since August, while Chevron <CVX.N> jumped 5.4 percent.
  The Nasdaq Biotech Inde
  
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• Oil prices bounce, boosting energy shares, U.S. stocks

  14-01-2016 21:06 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - The energy sector led the beaten-up U.S. stock market higher on Thursday as oil prices rebounded from 12-year lows. Gains in stocks and oil also helped push the U.S. dollar higher, while the increases in risk assets reduced demand for safe-haven gold and U.S. government debt. Equity markets have tumbled to start the year as volatility in Chinese shares and the persistent slide in oil made investors jittery about the health of the global economy.
  
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• AUD/USD Manages to Hold Above 2015 Low; Retail FX Remains Net-Long

  14-01-2016 19:35
  
  AUD/USD may have marked another failed attempt to test the 2015 lows as the pair bounces back from a fresh monthly low.
  
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• The Devil's Due: China Could Send S&P 500 Below 666

  14-01-2016 19:04 via news.yahoo.com
  
  Like when the S&P 500 bottomed at 666 on March 6, 2009 (03/06/09) during the last bear market. Now, noted bear Albert Edwards at Societe Generale warns: Stocks are headed even lower, revisiting 666 on the way to the hellish price destruction that lies below. Related: Is China or the Middle East a Bigger Threat to Stocks?
  
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• The Devil’s Due: China Could Send S&P 500 Below 666

  14-01-2016 19:04
  Sometimes, random events suggest a larger force is in control.
  Like when the S&P 500 bottomed at 666 on March 6, 2009 (03/06/09) during the last bear market. That was just a little too perfect, pointing to a devilish influence behind the whirlwind of fear, greed, speculation and cheap credit that created and then crashed the housing bubble.
  Now, noted bear Albert Edwards at Societe Generale warns: Stocks are headed even lower, revisiting 666 on the way to the hellish price destruction that
  
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• Wall Street rallies as oil prices rebound

  14-01-2016 18:59 via news.yahoo.com
  
  U.S. stocks rallied strongly on Thursday, with the S&P 500 crossing a key technical level, as a rebound in oil prices boosted energy companies. All 10 major S&P sectors were higher. Exxon and Chevron were up about 1 percent, giving the biggest boosts to the S&P 500 and the Dow.
  
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• UPDATE 3-EU Parliament delays vote on new car pollution limits

  14-01-2016 18:59
  
  * Rejection means lengthy delay to draft new rules (Recasts and adds lawmaker quotes)
  
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• UPDATE 4-Renault searched in emissions probe, says no sign of defeat devices

  14-01-2016 18:25
  
  * Renault, foreign brands emissions over limit-minister (Adds minister's comments)
  
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• Chinese Media Looks For Evidence of Stronger Rebound in Equities

  14-01-2016 18:21
  
  After stock prices pulled back yesterday, the Chinese media are looking for clues of a continued rebound.
  
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• Britain's FTSE recovers ground after hitting lowest level in nearly 5 months

  14-01-2016 17:56 via news.yahoo.com
  
  Britain's top share index fell to its lowest level in almost five months on Thursday, hit by falls in downgraded travel and leisure stocks, though an oil price recovery and strength on Wall Street helped ...
  
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• Watch Potentially Significant Shift for the Euro, US Dollar

  14-01-2016 17:50
  
  Heavily one-sided sentiment warns that the British Pound, Canadian Dollar, Australian Dollar, and New Zealand Dollar may all continue lower. But watch this key level on the Euro.
  
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• New Zealand Outlook Remains in favor of Depreciation

  14-01-2016 17:50
  
  Retail FX traders are once again net-long the New Zealand Dollar versus the US Dollar, and a contrarian view of crowd sentiment keeps us watching for further NZD/USD declines.
  
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• Gold Prices at Potentially Significant Turning Point

  14-01-2016 17:50
  
  Retail forex traders remain long gold prices versus the US Dollar, and a contrarian view of crowd sentiment points to further XAU/USD weakness. Last week we noted that a substantial shift towards crowd selling warned of a potential turnaround for the precious metal. Yet we were clearly early in our calls for a trend turnaround
  
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• Euro Forecast May Turn on a Test of this Key Level

  14-01-2016 17:50
  
  Retail FX traders remain short the Euro versus the US Dollar, and a contrarian view of crowd sentiment suggests the EUR/USD could trade higher. A clear caveat is the fact that traders have actually been net-buyers into the most recent EUR pullback; this stands as an early warning that the trend may soon turn.
  
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• Canadian Dollar Likely to Hit Fresh Lows until this Changes

  14-01-2016 17:50
  
  Retail FX traders remain heavily short the US Dollar versus the Canadian Dollar, and we maintain our contrarian calls for further USD/CAD gains.
  
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• British Pound Outlook Clearly Points to further Declines

  14-01-2016 17:50
  
  Aggressively one-sided forex trader positioning warns that the British Pound may continue lower against the US Dollar, and indeed our technical forecast warns that there may be further losses in store.
  
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• Australian Dollar Forecast Calls for Weakness

  14-01-2016 17:50
  
  Retail forex traders remain net-long the Australian Dollar versus the US Dollar, and a contrarian view of crowd sentiment leaves us focused on continued AUD/USD weakness.
  
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• Dollar advances on gains in U.S. stocks, oil prices

  14-01-2016 17:35
  By Gertrude Chavez-DreyfussNEW YORK (Reuters) – The dollar rose on Thursday, bolstered by gains in the U.S. stock market and a rebound in oil prices, suggesting that the Federal Reserve will not be as constrained to push ahead with its plan to raise interest rates several times this year. Oil prices have been volatile the first two weeks of the year, but on Thursday, U.S. crude futures were up 3.8 percent at $31.63. That has supported shares on Wall Street, with key indexes up more than 1
  
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• JPMorgan Chase's earnings rise 9 percent, beat estimates

  14-01-2016 16:17 via news.yahoo.com
  
  NEW YORK (AP) — Banking giant JPMorgan Chase & Co. said Thursday that its fourth-quarter profits rose 9 percent from a year earlier, helped by strong performance in its consumer banking division and lower legal expenses.
  
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• The GBP/USD Ranges After Rate Decision

  14-01-2016 16:05
  
  The GBP/USD continues trade in a 53 pip range despite this morning’s BOE rate decision.
  
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• Price & Time: GBP/USD: Is this only getting started?

  14-01-2016 16:00
  
  GBP/USD rebounds from long-term trendline, 1.4475 And 1.4350 key near-term pivots.
  
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• GBP/USD: pair will continue falling

  14-01-2016 15:43 via liteforex.com
  Forex analytics: Current trendThe pair continues falling amid strengthening USD.In addition, the pair was pressured by poor macroeconomic statistics from the UK on the Services PMI and Manufacturing Production.Support and resistanceTechnical indicators confirm a fall continuation.Support levels: 1.4460, 1.4570, 1.4740, 1.4775, 1.4815, 1.4900, 1.4950, 1.5000.Resistance levels: 1.4350, 1.4300, 1.4230, ...
  
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• Wall Street opens higher, helped by JPMorgan, oil

  14-01-2016 15:35 via news.yahoo.com
  
  REUTERS - U.S. stocks opened slightly higher on Thursday as oil prices rose and JPMorgan's strong results boosted bank stocks. The Dow Jones industrial average was up 54.24 points, or 0.34 percent, at 16,205.65. The S&P 500 was up 6.09 points, or 0.32 percent, at 1,896.37 and the Nasdaq Composite index was up 18.18 points, or 0.4 percent, at 4,544.25. (Reporting by Alan John Koshy in Bengaluru; Editing by Savio D'Souza)
  
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• Stocks Still Falling, Fed Still Talking: Higher Rates a Harsh Reality

  14-01-2016 14:59
  
  Markets are displaying a far different tonality than what investors have become accustomed to over the past six years. What's really driving this?
  
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• Europe slumps as French car crash adds to oil spill

  14-01-2016 14:43 via news.yahoo.com
  
  By Marc Jones LONDON (Reuters) - Share markets and heavily commodity-dependent currencies took a fresh beating on Thursday, having been floored again by the latest plunge in oil prices, this time to below $30 a barrel. MSCI's 46-country world index was down for its 10th day in the last 11 and Europe took another 2 percent hit, as worries that French carmakers were being dragged into the emissions scandal sent the likes of Renault down as much as 20 percent. The oil pressure woes had seen heavy s
  
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• GLOBAL MARKETS - Europe slumps as French car crash adds to oil spill

  14-01-2016 14:33 via news.yahoo.com
  
  By Marc Jones LONDON (Reuters) - Share markets and heavily commodity-dependent currencies took a fresh beating on Thursday, having been floored again by the latest plunge in oil prices, this time to below $30 a barrel. MSCI's 46-country world index was down for its 10th day in the last 11 and Europe took another 2 percent hit, as worries that French carmakers were being dragged into the emissions scandal sent the likes of Renault down as much as 20 percent. The oil pressure woes had seen heavy s
  
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• Silver Prices: Stable Despite Soft Stock Markets

  14-01-2016 13:55
  
  Price is firmly trapped in the $13.61 to $14.40 range making it hard to know what will happen next.
  
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• British Pound Rises as BoE Fails to Surprise, Rates Unchanged

  14-01-2016 13:49
  
  The British Pound rose versus other major currencies after the BoE left rates unchanged and the minutes failed to exceed dovish expectations
  
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• Brent: psychologically important level 30.00

  14-01-2016 13:32 via liteforex.com
  Forex analytics: Current trendYesterday the price of Brent crude oil continued falling amid the EIA Crude Oil Stock change data from the US that showed an increase in reserves of 0.234 million barrels.The price remains under pressure due to a number of factors, such as the excess of supply on the world market, increasing output in major oil-producing countries, strengthening in the US Dollar amid monetary ...
  
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• New Housing Price Index. Canada, 3:30 pm

  14-01-2016 13:30 via liteforex.com
  Forex analytics: Data on the New Housing Price Index is due at 3:30 pm (GMT+2) in Canada. A growth in the index could support the Canadian Dollar.
  
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• Initial and Continuing Jobless Claims. US, 3:30 pm

  14-01-2016 13:30 via liteforex.com
  Forex analytics: Data on Initial Jobless Claims for the week ending 8th of January, and on Continuing Claims for the week ending 1st of January is due at 3:30 pm (GMT+2). Growth in the figures usually pressures the US Dollar.
  
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• EUR/GBP Trying to Bottom as BOE Keeps Policy on Hold

  14-01-2016 13:20
  
  Time to hit snooze on the Bank of England until next month's "Super Thursday."
  
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• Builder Countryside plans return to London stock market

  14-01-2016 13:13 via news.yahoo.com
  
  British property developer Countryside Properties Plc plans to raise about 114 million pounds ($164 million) through an initial public offering, returning to the London market after more than a decade in private hands. The offering is likely to value Countryside at about 1 billion pounds, said an industry source, who asked not to be identified. Countryside, backed by private equity firm Oaktree Capital Management, said on Thursday it would use the IPO proceeds to reduce debt and accelerate devel
  
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• Fresh rout resumes on world stock markets

  14-01-2016 12:26 via news.yahoo.com
  
  Another fierce global selloff gripped Asia and Europe on Thursday as investors seized on tumbling oil prices and intensifying concerns over the darkening world outlook. Heavy Wall Street losses on Wednesday cut short a two-day rally and smothered hopes of a sustained turnaround on battered global markets. Oil collapsed this week to 12-year lows below $30 a barrel, wracked by oversupply and demand fears linked to China's economic slowdown, sending shockwaves across trading floors.
  
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• Deutsche's Postbank float may be delayed by tax issues - sources

  14-01-2016 12:05 via news.yahoo.com
  
  FRANKFURT (Reuters) - Deutsche Bank's planned stock market listing of retail unit Postbank, a key component of the lender's new strategy, may be delayed by tax issues, sources familia...
  
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• BOE Interest Rate Decision. UK, 2:00 pm

  14-01-2016 12:00 via liteforex.com
  Forex analytics: The Bank of England Interest Rate Decision is due at 2:00 pm (GMT+2). The interest rate is expected to remain unchanged at 0.5%. After the publication of the decision, Monetary Policy Summery and members votes are due.
  
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• UK builder Countryside plans return to London stock market

  14-01-2016 11:46 via news.yahoo.com
  
  British property developer Countryside Properties Plc plans to raise about 114 million pounds ($164 million) through an initial public offering, returning to the London stock market after more than a decade in private hands. The IPO is likely to value Countryside at about 1 billion pounds, said an industry source, who asked not to be identified. Brentwood, Essex-based Countryside, majority owned by private equity firm Oaktree Capital Management, said on Thursday it would use proceeds from the IP
  
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• The DAX 30 Under Pressure, May Trigger Stops Below Its Weekly Low

  14-01-2016 11:41
  
  The DAX 30 is under pressure as it searches support at this week's low.
  
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• AUD/USD: pair is falling

  14-01-2016 10:41 via liteforex.com
  Forex analytics: Current trendYesterday the pair fell after some growth in the beginning of the trading session amid publication of positive data on Chinese Trade Balance that managed to stabilise the Asian markets a little.Nevertheless, anxiety regarding growth of the Chinese economy remains and the pair continued falling despite poor macroeconomic statistics from the US and quite strong data on the labour ...
  
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• Europe open: Stocks lower on weak US cues; Tesco bucks trend

  14-01-2016 10:20
  LONDON (ShareCast) – (ShareCast News) – European stocks slid in early trade, taking their cue from losses on Wall Street and a mostly-negative Asian session.At 0910 GMT, the benchmark Stoxx Europe 600 index was down 2.2%, Germany’s DAX was off 1.9% and France’s CAC was 2.1% weaker.“Sentiment is immensely negative over in Europe and it has filtered from Wall Street where the S&P 500 slipped below the 1900 and entered officially in a correction territory with resp
  
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• FTSE 100 Tests The Other Side of Its Weekly Range

  14-01-2016 10:06
  
  Risk-off grips the FTSE 100 on yesterday's slide in energy prices. There remains a high risk that the FTSE will break its weekly low of 5840
  
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• Shanghai rebound unable to prevent new Asia stock retreat

  14-01-2016 09:17 via news.yahoo.com
  
  Shanghai stocks saw another day of volatility Thursday, swinging sharply from big early losses to end on a high while most other Asian bourses tracked a Wall Street slump in the latest rout of world markets. The state-backed Securities Times also said 28 firms on the ChiNext index of small caps in Shenzhen had pledged not to sell for six months to stabilise markets while Bloomberg reported authorities had vowed to more closely monitor share sales by major stakeholders. Shanghai slumped almost th
  
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• XAG/USD: pair grew

  14-01-2016 09:15 via liteforex.com
  Forex analytics: Current trendYesterday the price of silver significantly grew.The pair was supported by strong data on Chinese Trade Balance that managed to stabilise Asian markets a little. Exports from China shrank by 1.4%, while economists predicted an 8.0% fall. At the same time, imports declined by 7.6%, against a forecasted fall of 11.5%. These dynamics lead to a substantial increase in trade balance ...
  
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• MORNING BID EUROPE-BoE hike still seen a way off

  14-01-2016 09:12 via news.yahoo.com
  
  The Bank of England is expected once again to sit on its hands and keep rates on hold amid a slowdown in wage growth at home, a renewed plunge in global oil prices and concerns about China's stock market volatility. Separately the ECB releases the minutes of the December rate meeting where it cut rates and extended its asset-buying but did far less than markets had been expecting.
  
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• London pre-open: MPC and US earnings announcements in focus

  14-01-2016 08:53 via news.yahoo.com
  
  (ShareCast News) - The Footsie is expected to begin the session with losses of about 100 points after a bruising session on Wall Street last night, with some traders pointing out possible hints in yesterday's ...
  
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