Analyst news

• CORRECTED-Kinder Morgan surges on prospect of higher dividend, buyback

  21-01-2016 23:45
  
  Jan 21 (Reuters) - Shares of U.S. pipeline company Kinder Morgan Inc shot up on Thursday as investors welcomed the company's plans to cut debt, reduce spending and potentially increase its dividend...
  
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• Starbucks US sales jump 9 percent over holiday quarter

  21-01-2016 23:29 via news.yahoo.com
  
  SEATTLE (AP) — An alleged war on Christmas by Starbucks apparently didn't dampen the chain's holiday sales, but its outlook going forward fell short of Wall Street expectations.
  
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• UPDATE 3-United profit helped by cheap fuel, but Houston a problem

  21-01-2016 22:58
  
  Jan 20 (Reuters) - United Airlines forecast a higher profit margin for the first quarter on Thursday, helped by a windfall from cheap jet fuel, but warned that the collapse in oil prices is hurting...
  
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• Badly bruised Wall Street finds solace in oil rebound

  21-01-2016 22:56 via news.yahoo.com
  
  Wall Street staged a modest rally on Thursday as oil prices recorded their biggest gain this year and ECB President Mario Draghi raised hopes of more stimulus for Europe. Seven of 10 major S&P 500 sectors climbed, with a 2.88-percent jump in energy stocks leading the way. Helping global and U.S. stocks, the European Central Bank kept its main rates on hold and Draghi said the central bank would "review and possibly reconsider" its monetary policy as soon as March.
  
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• Trends Changing for the Canadian Dollar and Other Majors?

  21-01-2016 22:15
  Retail forex traders remain short the US Dollar versus the Euro, Canadian Dollar, Australian Dollar, and New Zealand Dollar—typically this would make us bearish. Yet a major shift warns of a change in trend.
  
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• New Zealand Outlook Unclear until this Shifts

  21-01-2016 22:10
  
  Retail FX traders have recently turned net-short the New Zealand Dollar versus its US namesake, and a contrarian view of crowd sentiment would typically lead us to call for near-term strength.
  
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• Gold Prices at Key Juncture

  21-01-2016 22:10
  
  Retail forex traders remain long gold prices versus the US Dollar, and a contrarian view of crowd sentiment points to further XAU/USD weakness.
  
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• Euro Likely to Hold Lows - Breakout Next?

  21-01-2016 22:10
  
  Retail FX traders remain marginally net-short the Euro versus the US Dollar, and a contrarian view of crowd sentiment leaves us marginally bullish on the EUR/USD exchange rate.
  
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• Canadian Dollar May have Set Significant Price Low

  21-01-2016 22:10
  
  Retail FX traders remain extremely short the US Dollar versus the Canadian Dollar, and we will most often take this as contrarian signal that the USD/CAD may continue higher.
  
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• British Pound Forecast to Fall Even Further until this Changes

  21-01-2016 22:10
  
  Retail forex speculators continue to buy aggressively into British Pound weakness versus the US Dollar, and a contrarian view of crowd sentiment points to further GBP/USD losses.
  
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• Some funds offer to tame market's chaos, but at a price

  21-01-2016 21:53 via news.yahoo.com
  
  NEW YORK (AP) — Freaked out by the stock market's big swings?
  
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• Oil rebound offers respite to badly bruised Wall Street

  21-01-2016 21:21
  By Noel Randewich(Reuters) – Wall Street staged a modest rally on Thursday as oil prices recorded their biggest gain this year and ECB President Mario Draghi raised hopes of further stimulus. Seven of 10 major S&P 500 sectors rose, with a 3.3 percent jump in energy stocks leading the way.Helping global and U.S. stocks, the European Central Bank kept its main rates on hold and Draghi said the central bank would “review and possibly reconsider” its monetary policy as early as
  
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• Oil rebounds from 12-year low as equities rally, shorts cover

  21-01-2016 21:12 via news.yahoo.com
  
  By Devika Krishna Kumar NEW YORK (Reuters) - Oil prices rebounded over $1 a barrel from 12-year lows on Thursday, their biggest daily gain this year, as rallying financial markets gave some bearish traders reason to take profits on record short positions. U.S. crude vaulted back towards $30 per barrel as hopes for easier monetary policy from Europe fuelled a recovery in stock markets in European and on Wall Street. "The fundamentals are still weak and you still have worries about economic growth
  
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• FTSE rebounds from three-year low, with Draghi's help

  21-01-2016 20:29 via news.yahoo.com
  
  By Alistair Smout and Sudip Kar-Gupta LONDON - Britain's top share index bounced from its lowest in more than three years on Thursday, after the head of the European Central Bank implied further monetary stimulus was coming. The gains extended after oil prices rebounded to set off a rally on Wall Street. The ECB will review its monetary policy in March, the central bank's president, Mario Draghi, said after the bank's policy meeting on Thursday.
  
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• USD/JPY Technical Analysis: ST Bounce Before A Longer Drop (Levels)

  21-01-2016 20:10
  
  USD/JPY & Risk Sentiment has taken a breather today. Here are levels to watch to see if today’s move is short-lived or a basing process in the works.
  
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• Radisson owner explores sale of hotel business - Wall Street Journal

  21-01-2016 20:03 via news.yahoo.com
  
  (Reuters) - Radisson hotels owner Carlson Cos Inc is exploring strategic alternatives for its hotel business, including a sale, the Wall Street Journal reported on Thursday. A merger or a partnership are the other alternatives the company is exploring, the Journal reported, citing people familiar with the matter. Carlson was not immediately available for comment. Carlson Rezidor Hotel Group, which has 1,370 hotels in operation and under development, includes Radisson Hotels, Park Plaza Hotels an
  
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• WTI Crude Oil Price Forecast: Key Support on 18-Yr Chart? (Levels)

  21-01-2016 19:50
  
  Positive fundamental news today has provided a bid for Crude Oil, alongside a rebound in oversold sentiment.
  
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• USD/CAD Technical Analysis: USD/CAD Takes the Elevator Down to 21-DMA (Levels)

  21-01-2016 19:30
  
  USD/CAD Found Key Resistance near 1.4680, Now USD/CAD Has Plunged 450+ Pips in ~24 hours
  
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• GBP/USD Bearish Outlook Clouded With Signs of Exhaustion

  21-01-2016 19:25
  
  GBP/USD stands at a risk for a further decline as the BoE remains on hold but, the near-term decline in the exchange rate appears to be losing steam.
  
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• Wall Street up as Draghi raises stimulus hopes, oil surges

  21-01-2016 19:02 via news.yahoo.com
  
  Wall Street rallied after a hesitant start on Thursday as oil prices surged towards their biggest gain this year and ECB President Mario Draghi raised hopes of further stimulus. All 10 major S&P 500 sectors were higher, with a 3.2 percent jump in energy stocks leading the pack. All but two Dow components were higher as well.
  
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• UPDATE 3-Alkermes depression drug fails, shares plunge

  21-01-2016 18:48
  
  * Company loses $3.88 bln in market value (Adds details, analysts comments; updates shares)
  
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• UPDATE 2-Osram CEO believes big shareholders will back strategy

  21-01-2016 18:15
  
  * General lighting market seen growing at 9.5 pct per year (Adds details on strategy and Lamps unit sale, updates shares)
  
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• Britain's FTSE rebounds from three-year low, with Draghi's help

  21-01-2016 18:14 via news.yahoo.com
  
  Britain's top share index bounced from its lowest in more than three years on Thursday, after the head of the European Central Bank implied further monetary stimulus was coming. The gains extended after oil prices rebounded to set off a rally on Wall Street. The ECB will review its monetary policy in March, the central bank's president, Mario Draghi, said after the bank's policy meeting on Thursday.
  
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• US stocks rise as energy stocks bounce back from big loss

  21-01-2016 18:03 via news.yahoo.com
  
  NEW YORK (AP) — Oil and gas companies are leading the way higher on the stock market as energy prices recover from a steep drop the day before.
  
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• UPDATE 4-Deutsche Bank record loss keeps pressure on CEO John Cryan

  21-01-2016 17:50
  
  * Shares down 3.4 pct vs 2.3 pct rise in Dax index (Adds source, investors, updates shares)
  
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• JPMorgan tells investment bankers to take it easy on weekends

  21-01-2016 17:37 via news.yahoo.com
  
  (Reuters) - JPMorgan Chase & Co has joined other Wall Street banks in telling its investment bankers to improve their work-life balance by taking weekends off. JPMorgan's announcement was made on Thursday by Carlos Hernandez, head of global banking, on an internal call with as many as 2,000 employees listening in, company spokeswoman Tasha Pelio said. The changes apply to everyone in JPMorgan's investment banking unit, from analysts to managing directors, Pelio said.
  
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• Rise in U.S. jobless claims spurs labor market worries

  21-01-2016 17:28 via news.yahoo.com
  
  By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose to a six-month high last week, suggesting some loss of momentum in the labor market amid a sharp economic slowdown and major stock market selloff. Another report on Thursday showed factory activity in the mid-Atlantic region improved in January as shipments rebounded, but still contracted for a fifth straight month. Initial claims for state unemployment benefits increased 10,000 to a seasonally
  
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• REFILE-UPDATE 4-Pearson to cut 4,000 jobs in latest restructuring plan

  21-01-2016 17:10
  
  LONDON, Jan 21 (Reuters) - Britain's Pearson said it would cut 10 percent of its workforce and restructure once again to tackle the unrelenting pressures hitting markets from North America to South...
  
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• Britain's FTSE gets Draghi boost to bounce from 3-yr lows

  21-01-2016 16:15
  
  * Pearson surges after announcing cost-cutting plans (Recasts, adds quote, detail)
  
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• Wall Street fails to hold on to mini Draghi-led rally

  21-01-2016 16:10 via news.yahoo.com
  
  U.S. stock indexes dropped on Thursday morning, failing to hold on to a small rally at the open sparked by ECB President Mario Draghi's comments raising hopes of further easing monetary. The European Central Bank kept its main rates on hold and Draghi said the central bank would "review and possibly reconsider" its monetary policy stance in March. Oil prices also sharply pared their losses after Draghi's comments, with Brent even edging higher, before turning back towards 12-year lows.
  
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• GBP/USD – Trend vs Extreme Sentiment

  21-01-2016 16:05
  
  GBP/USD falls to lowest level since March of 2009, sentiment profile nearing negative extremes on various time frames.
  
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• Wall Street weighs into Britain's EU vote: Goldman, JPMorgan back 'in' campaign

  21-01-2016 16:01 via news.yahoo.com
  
  By Sinead Cruise and William James LONDON (Reuters) - Goldman Sachs and JPMorgan are making large donations to the campaign to keep Britain inside the European Union, sources said, highlighting the concern among some of the world's biggest banks over the impact of a British exit. Goldman Sachs has agreed to donate a "substantial six-figure sum" according to one source, while JPMorgan was preparing to make a similar donation, another source familiar with the matter said. Another U.S. bank, Morgan
  
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• Morgan Stanley poised to back campaign to keep Britain in the EU: source

  21-01-2016 16:01 via news.yahoo.com
  
  U.S. investment bank Morgan Stanley is preparing to back a campaign to keep Britain in the European Union, a source familiar with the matter told Reuters on Thursday. The Wall Street giant is yet to decide on the size of its contribution, the source said, amid reports the sum is likely to be in the six-figure range. Morgan Stanley will join a number of heavyweight international banks who have already pledged financial support for the campaign, highlighting their concerns about the impact of a Br
  
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• EIA Crude Oil Stocks change. US, 6:00 pm

  21-01-2016 16:00 via liteforex.com
  Forex analytics: The Energy Information Administration releases its crude oil inventories report at 6:00 pm (GMT+2). The weekly report reflects current situation in oil supply and demand. In case of an increase in US crude oil inventories, the price of oil comes under pressure; otherwise, the price is expected to grow.
  
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• Nigeria will have to devalue in 2016: S&P

  21-01-2016 15:56 via news.yahoo.com
  
  Ratings agency Standard & Poor's reiterated on Thursday that Nigeria will have to devalue its currency, saying it expected this to happen at some stage in 2016 and in gradual adjustments. Despite growing pressure, Nigeria's government has kept the naira pegged at around 198 to the dollar on the official interbank market, while restricting access to dollars. "Their line has been to try to hold it as much as possible, and they are trying to continue that policy...alongside the restrictions on
  
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• US stocks open slightly higher as crude oil price stabilizes

  21-01-2016 15:44 via news.yahoo.com
  
  NEW YORK (AP) — Stocks are opening slightly higher on Wall Street, a day after a sharp decline triggered by a slump oil prices.
  
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• EUR/USD Breaks Lower on Jobless Claims

  21-01-2016 15:40
  
  The EUR/USD has aggressively traded off of resistance this morning after USD Initial Jobless Claims were released worse than expected.
  
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• Stocks Rally on Draghi, But How Long Will it Last?

  21-01-2016 15:28
  
  Mario Draghi gave us a familiar tune when he alluded to a potential increase in QE in March. But how long with this rally last?
  
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• Like Clockwork, Draghi’s Threat of Action Next Meeting Sinks EUR/USD

  21-01-2016 15:06
  
  No surprises here, really – the ECB is waiting until it has the forecasts to justify a policy shift. Is this déjà vu for EUR/USD?
  
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• United's rising profit still misses and revenue falls

  21-01-2016 14:59 via news.yahoo.com
  
  United Airlines' fourth-quarter profit spiked on cheaper jet fuel, but still fell short of Wall Street expectations.
  
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• GBP/USD: next target 1.3900

  21-01-2016 14:33 via liteforex.com
  Forex analytics: Current trendIn about a month, the GBP/USD pair has lost almost 8%. The British currency is under pressure from such fundamental factors as low inflation amid a fall in oil prices, negative statistics on key sectors of the economy, a decline in government bond yields and a chance that the UK will leave the EU.This week, the pair has continued its decline towards new local lows amid poor ...
  
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• U.S. stocks set for a comeback, or another blow?

  21-01-2016 14:26 via news.yahoo.com
  
  By Rodrigo Campos NEW YORK (Reuters) - The deep selling that has been synonymous with Wall Street in the new year became bad enough on Wednesday to start drawing in buyers, but it is still too soon to tell whether they will look brilliant or battered in the weeks ahead. The steep declines on Wednesday morning sent mixed signals regarding a market bottom. The S&P 500 could fall another 8 percent before earning a "bear market" title and some market investors still want to see more blood before
  
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• Wall Street weighs into Britain's EU referendum - Goldman, JPMorgan back 'in' campaign

  21-01-2016 14:23 via news.yahoo.com
  
  By William James and Rachel Armstrong LONDON (Reuters) - Goldman Sachs and JPMorgan are making large donations to the campaign to keep Britain inside the European Union, sources said, highlighting the concern among some of the world's biggest banks over the impact of a British exit. Goldman Sachs has agreed to donate a "substantial six-figure sum" according to one source, while JPMorgan was preparing to make a similar donation, another source familiar with the matter said. In the face of growing
  
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• Silver Prices: Trapped In A Familiar Range

  21-01-2016 13:50
  
  Silver prices are trapped in their familiar $13.61 to $14.40 range, and there is little reason to trade unless specifically targeting this range.
  
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• Philadelphia Fed Manufacturing Survey. US, 3:30 pm

  21-01-2016 13:30 via liteforex.com
  Forex analytics: January’s data on Philadelphia Fed Manufacturing Survey is due at 3:30 pm (GMT+2). Though the indicator is expected to increase slightly to -3.0 points from -5.9 points in the previous month, dynamics will remain negative. The index is based on a monthly survey of a hundred largest manufacturers in Philadelphia about their attitude towards current economic situation and its prospects for the ...
  
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• ECB Monetary policy statement and press conference. EU, 3:30 pm

  21-01-2016 13:30 via liteforex.com
  Forex analytics: ECB Monetary policy statement and press conference is due at 3:30 pm (GMT+2). Following the publication of ECB´s interest rate decision, the ECB President gives comments and answers questions regarding current economic situation in the eurozone.
  
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• NQ: under pressure from fundamental factors

  21-01-2016 13:27 via liteforex.com
  Forex analytics: Current trendOn Wednesday, US stock indices closed the trading day with a decline. DowJonesIndustrialAverage was down by 1.6%, S&P500 down 1.2% and NasdaqComposite down 0.1%. The US stock market remains under pressure from a fall in oil prices, China’s stock market crash and expectations of gradual tightening of US monetary policy.Key representatives of the Fed believe the country’s ...
  
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• RPT-U.S. stocks set for a comeback, or another blow?

  21-01-2016 13:00
  
  NEW YORK, Jan 21 (Reuters) - The deep selling that has been synonymous with Wall Street in the new year became bad enough on Wednesday to start drawing in buyers, but it is still too soon to tell...
  
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• ECB Preview: No Change Today, Maybe in March; Depends on EUR/USD

  21-01-2016 13:00
  
  It's highly unlikely that the ECB acts today, but it's almost equally as likely that the ECB will keep open the door for policy action in the future.
  
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• ECB Interest Rate Decision. EU, 2:45 pm

  21-01-2016 12:45 via liteforex.com
  Forex analytics: ECB releases its interest rate decision at 2:45 pm (GMT+2). Interest rate is expected to be kept unchanged at 0.05%. A rate hike strengthens the EUR while a rate cut weakens the national currency.
  
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