Analyst news

• Fed keeps rates unchanged, wary eye on global markets

  27-01-2016 23:17
  By Jason Lange and Howard SchneiderWASHINGTON (Reuters) – The U.S. Federal Reserve kept interest rates unchanged on Wednesday and said it was “closely monitoring” global economic and financial developments, signaling it had accounted for a stock market selloff but wasn’t ready to abandon a plan to tighten monetary policy this year.
  The decision by the central bank’s rate-setting committee was widely expected after a month-long plunge in U.S. and world equities raise
  
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• U.S. stocks, dollar fall on Fed's nod to market turmoil

  27-01-2016 22:52 via news.yahoo.com
  
  By Richard Leong NEW YORK (Reuters) - Wall Street stocks and the dollar fell on Wednesday as the Federal Reserve held U.S. interest rates unchanged, as expected, and said it was closely monitoring global economic and financial developments. The Fed's more cautious outlook reduced the likelihood it would raise rates by a quarter-point four times this year, which hurt the greenback, but its latest assessment on the economy did not wipe out the chances of a possible rate increase in March, which di
  
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• Wall Street sinks after Fed fails to impress

  27-01-2016 22:41 via news.yahoo.com
  
  Wall Street dropped sharply on Wednesday after the U.S. Federal Reserve frustrated stock investors hoping for a strong sign it might scale back future interest rate hikes because of recent financial and economic turmoil. In a widely expected decision, the Fed kept interest rates unchanged and it said it was "closely monitoring" global economic and financial developments, but it maintained an otherwise upbeat view of the U.S. economy. With plummeting oil prices and fears of slower economic growth
  
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• Apple shares fall most in two years in wake of earnings report

  27-01-2016 22:30 via news.yahoo.com
  
  Apple Inc shares fell more than 6.5 percent on Wednesday, the biggest percentage drop in two years, after the company reported its slowest-ever rise in iPhone shipments and forecast that quarterly sales for the current period would post the first drop in 13 years. "Cook & Co have a few tough quarters ahead until we get to the buildup around iPhone 7 later this year, which is what bulls are focused on to turn this ship back into growth waters," FBR & Co analyst Daniel Ives said. Shares fe
  
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• USD/JPY Technical Analysis: Upside Risks Heightened Before BoJ (Levels)

  27-01-2016 22:15
  USD/JPY & Risk Sentiment remain aligned, but the bigger question remains whether or not BoJ will continue to fight deflation or stand aside.
  
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• Wall Street drops in wake of Fed statement

  27-01-2016 22:07 via news.yahoo.com
  
  NEW YORK (Reuters) - Wall Street dropped sharply on Wednesday after the U.S. Federal Reserve frustrated investors hoping for a strong sign it might scale back future interest rate hikes because of recent financial and economic turmoil. The Dow Jones industrial average fell 222.77 points, or 1.38 percent, to 15,944.46, the S&P 500 lost 20.66 points, or 1.09 percent, to 1,882.97 and the Nasdaq Composite dropped 99.51 points, or 2.18 percent, to 4,468.17. (Reporting by Chuck Mikolajczak; Editin
  
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• Accused UK trader likely not a factor in 'flash crash' - paper

  27-01-2016 21:48 via news.yahoo.com
  
  By John McCrank NEW YORK (Reuters) - A British trader facing extradition to the United States in a trial next week for allegedly helping trigger the 2010 "flash crash" likely had little, if anything, to do with the event, according to a draft of a new academic research paper. Navinder Singh Sarao was arrested by British police on a U.S. extradition warrant in April after being charged with wire fraud, commodities fraud and market manipulation by the U.S. Justice Department. The U.S. authorities
  
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• Trade Balance. New Zealand, 11:45 pm

  27-01-2016 21:45 via liteforex.com
  Forex analytics: Data on Trade balance for December is due in New Zealand at 11:45 pm (GMT+2). The indicator measures balance amount between import and export of goods and services. A positive value shows a trade surplus and can support the national currency.
  
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• Imports/Exports. New Zealand, 11:45 pm

  27-01-2016 21:45 via liteforex.com
  Forex analytics: Data on Imports and Exports for December are due in New Zealand at 11:45 pm (GMT+2). Imports indicator reflects general value of all goods and services received from the rest of the world. 
  
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• U.S. stocks, dollar slip on Fed's nod to jittery markets

  27-01-2016 21:43 via news.yahoo.com
  
  Wall Street stocks and the dollar fell on Wednesday as the Federal Reserve held U.S. interest rates unchanged, as expected, and said it was closely monitoring global economic and financial developments. The Fed's acknowledgement of risks to the domestic economy, with oil prices hitting 12-year lows and jitters about Chinese growth, revived some safe-haven bids for gold and U.S. Treasury debt prices. Oil futures clung to earlier gains, brushing off the Fed's more cautious outlook since its Decemb
  
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• US DOLLAR Technical Analysis: Steady FOMC Supports Dollar Uptrend

  27-01-2016 21:40
  The FXCM USDollar remains elevated, and the risk remains to the upside as few are willing to sell US Dollar on a hesitant Fed.
  
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• Goldman CEO Blankfein to speak at one of first public events since cancer diagnosis

  27-01-2016 20:41 via news.yahoo.com
  
  Goldman Sachs Group Inc Chief Executive Lloyd Blankfein will speak at an upcoming financial services conference, marking one of his first public appearances since being diagnosed with lymphoma in September. Blankfein will present on behalf of the Wall Street bank at the Credit Suisse AG financial services forum in Miami Beach in February, Goldman said on Wednesday. Blankfein has been undergoing chemotherapy over the last several months and has curtailed his business travel.
  
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• U.S. stocks fall, dollar adds losses after FOMC

  27-01-2016 20:36 via news.yahoo.com
  
  NEW YORK (Reuters) - Wall Street stocks turned lower on Wednesday and the dollar's losses deepened against a basket of currencies as the Federal Reserve held policy rates unchanged with eyes on recent market turmoil in global markets. Oil futures clung to earlier gains, while U.S. Treasury debt prices pared earlier losses. Spot gold prices turned positive. ...
  
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• AUDJPY Following 2016 Trade Plan- Time to Reload

  27-01-2016 20:20
  AUDJPY has achieved 2 of our 3 yearly targets in just the first month of 2016 trade. Here are the updated targets & invalidation levels that matter.
  
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• RBNZ Interest Rate Decision. New Zealand, 10:00 pm

  27-01-2016 20:00 via liteforex.com
  Forex analytics: The Reserve Bank of New Zealand announces its interest rate decision at 10:00 pm (GMT+2). A rate hike is seen as a positive factor for the national currency.
  
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• Monetary Policy Statement. New Zealand, 10:00 pm

  27-01-2016 20:00 via liteforex.com
  Forex analytics: Monetary Policy Statement provides information on how the Reserve Bank proposes to achieve its targets; how it proposes to formulate and implement monetary policy during the next five years; and how monetary policy has been implemented since the last Monetary Policy Statement.
  
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• Europe shares edge up but early fall on Wall Street before Fed

  27-01-2016 19:22 via news.yahoo.com
  
  European shares climbed, while US stocks fell in early trade Wednesday, after investors reacted to disappointing earnings forecasts from heavyweights Apple and Boeing, with all eyes on the US Federal Reserve's first policy statement since raising interest rates. Sliding oil prices and lacklustre company results, combined with falling Chinese equities, pushed Europe's main indices lower earlier in the session, but they pulled back to close in positive territory. In Paris, the CAC 40 was tentative
  
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• Fed's Monetary Policy Statement. US, 9:00 pm

  27-01-2016 19:00 via liteforex.com
  Forex analytics: Following the announcement of a rate decision, Fed officials give comments regarding US monetary policy at 9:00 pm (GMT+2).
  
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• Fed Interest Rate Decision. US, 9:00 pm

  27-01-2016 19:00 via liteforex.com
  Forex analytics: The Fed announces its interest rate decision at 9:00 pm (GMT+2). The rate is expected to be kept unchanged at 0.5%. This interest rate affects interest rates set by commercial banks and the exchange rate. A rate hike is seen as a positive factor for the national currency.
  
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• Chinese Media Has Sent out Four Consecutive Warnings to Yuan Shorts

  27-01-2016 18:26
  Chinese state news agencies published multiple articles to warn against Yuan and Hong Kong dollar short speculation
  
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• New U.S. single-family home sales race to 10-month high

  27-01-2016 17:56 via news.yahoo.com
  
  By Lucia Mutikani WASHINGTON (Reuters) - New U.S. single-family home sales surged in December to their highest level in 10 months, the latest indication that the housing sector remains on a firmer footing despite a massive stock market sell-off and slowing economic growth. The Commerce Department said on Wednesday sales rose 10.8 percent to a seasonally adjusted annual rate of 544,000 units, the highest level since February. Sales last month were likely buoyed by unseasonably mild weather and a
  
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• EUR/CHF: Coming Back to Life?

  27-01-2016 17:45
  EUR/CHF trades at 12-month high, Is the cross no longer a safe haven instrument?
  
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• EUR/USD Weakness to Persist on Hawkish 2016 FOMC

  27-01-2016 17:35
  The 2016 rotation within the FOMC may heighten the bearish outlook surrounding EUR/USD should the committee stay on course to further normalize monetary policy.
  
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• Apple, Boeing drag down Wall Street

  27-01-2016 17:31 via news.yahoo.com
  
  Apple and Boeing's disappointing forecasts dragged down U.S. stock indexes on Wednesday, as anxious investors awaited the Federal Reserve's statement on monetary policy. Apple's shares were down 5.3 percent at $94.67 after the company also reported its slowest-ever rise in iPhone shipments on Tuesday. The stock was the biggest drag on the S&P 500 and the Nasdaq, and was set for its biggest fall since August.
  
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• Boeing forecasts 2016 earnings below estimates; shares tumble

  27-01-2016 16:35 via news.yahoo.com
  
  Boeing expects to deliver 740 to 745 planes in 2016, its centenary year, down from a record 762 in 2015. Boeing forecast 2016 core earnings, excluding some pension and other costs, between $8.15 and $8.35 per share, below the average analyst estimate of $9.43, according to Thomson Reuters I/B/E/S. "Whilst we don't expect this to negatively impact Boeing's existing plans to return cash to shareholders, it could create doubt as to the sustainability of these plans," RBC analyst Robert Stallard wro
  
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• Silver Prices Break Out From Multi-Month Range

  27-01-2016 16:05
  Silver prices confirmed a breakout by closing above the $14.40 level and looks to be on its way to the December 7 high of $14.63
  
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• Indexes dragged down by Apple, oil

  27-01-2016 16:02
  By Abhiram Nandakumar
  (Reuters) – Apple’s tepid forecast and a renewed slide in oil prices pulled Wall Street lower on Wednesday, ahead of the Federal Reserve’s statement on monetary policy.
  Apple’s <AAPL.O> shares were down 4 percent at $95.95 after the company also reported its slowest-ever rise in iPhone shipments on Tuesday. The stock was the biggest influence on the S&P 500 and the Nasdaq.
  Crude prices resumed their decline on Wednesday after an unexpected
  
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• Will the Fed Continue Their Pattern of Talking Up Stock Prices?

  27-01-2016 15:49
  The big question for today's meeting is how aggressively the Fed plans to hike through 2016. Will they hold the line, or yield to pressure in stock prices?
  
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• IDFC Bank sees bad loans rising, no impact on earnings

  27-01-2016 15:41 via news.yahoo.com
  
  IDFC Bank Ltd, one of India's two newest banks, expects its gross bad loans to increase in the coming quarters although that will not hit earnings as it has made adequate provisions, it said on Wednesday. IDFC Bank, a unit of infrastructure lender IDFC Ltd, started operations last October after receiving a permit from the Reserve Bank of India in what was the first bank licensing process in a decade. It reported on Wednesday a net profit of 2.42 billion Indian rupees ($36 million) for the Decemb
  
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• Wall Street opens lower as oil, Apple drag

  27-01-2016 15:39 via news.yahoo.com
  
  REUTERS - U.S. stocks opened lower on Wednesday after oil prices gave up gains and as Apple's tepid quarterly revenue forecast weighed. The Dow Jones industrial average was down 94.44 points, or 0.58 percent, to 16,072.79; the S&P 500 was down 5.3 points, or 0.28 percent, to 1,898.33; and the Nasdaq Composite index was down 20.16 points, or 0.44 percent, to 4,547.51. (Reporting by Alan John Koshy in Bengaluru; Editing by Anil D'Silva)
  
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• EIA Crude Oil Stocks change. US, 5:30 pm

  27-01-2016 15:30 via liteforex.com
  Forex analytics: The Energy Information Administration releases data on Crude Oil Stocks change at 5:30 pm (GMT+2). A weekly report reflects current situation on the oil market. A growth in crude oil stocks can affect the price of oil.
  
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• New Home Sales Change. US, 5:00 pm

  27-01-2016 15:00 via liteforex.com
  Forex analytics: Data on New Home Sales Change for December is due in the US at 5:00 pm. A decline to 2.0% from 4.3% is expected. The indicator is seen as an important measure of housing market conditions. A growth signals general improvement in economic situation and can support the US Dollar.
  
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• EUR/USD Advances Before FOMC Event

  27-01-2016 14:30
  The EUR/USD is trading higher this morning, ahead of today’s FOMC rate decision.
  
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• Boeing 2016 earnings forecast misses estimates, shares drop

  27-01-2016 14:08 via news.yahoo.com
  
  (Reuters) - Boeing Co forecast lower-than-estimated 2016 core earnings, and said it expected to deliver fewer commercial planes this year, sending its shares down 3.9 percent in premarket trading. Boeing delivered 762 jetliners in 2015, exceeding its target of 755 to 760 planes. The company said it expects 2016 core earnings, which exclude some pension and other costs, to be between $8.15 and $8.35 per share.
  
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• Global stocks, dollar struggle ahead of Fed as oil falters

  27-01-2016 13:54 via news.yahoo.com
  
  By Marc Jones LONDON (Reuters) - European stocks succumbed to another slide in oil prices on Wednesday as markets waited cautiously to see what the Federal Reserve's reaction will be to what has been a brutal start to the year for world markets. Asian and particularly Chinese bourses ended stronger than they started but that could not prevent the pan-European FTSEurofirst 300 falling just over 0.7 percent ahead of what were expected to be similar falls on Wall Street.[EU.] There was still some g
  
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• GLOBAL MARKETS-Stocks, dollar struggle ahead of Fed as oil falters

  27-01-2016 13:48 via news.yahoo.com
  
  European stocks succumbed to another slide in oil prices on Wednesday as markets waited cautiously to see what the Federal Reserve's reaction will be to what has been a brutal start to the year for world markets. Asian and particularly Chinese bourses ended stronger than they started but that could not prevent the pan-European FTSEurofirst 300 falling just over 0.7 percent ahead of what were expected to be similar falls on Wall Street. There was still some grogginess after gadget giant Apple (Sw
  
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• FOMC Preview: For the USD, the Devil is in the Details

  27-01-2016 13:40
  The Fed is walking on eggshells these days.
  
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• DAX 30 Is Short-Term Bullish Ahead of Today’s FOMC Meeting

  27-01-2016 12:35
  U.S. New Homes sales are on tap today and expected to rise by 2% MoM from 4.3% in November. However, this figure is not today's main concern, the FOMC keeping most preoccupied.
  
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• Fiat Chrysler earnings down on poor Latin American results

  27-01-2016 12:12 via news.yahoo.com
  
  MILAN (AP) — Carmaker Fiat Chrysler says net profit fell 40 percent in the fourth quarter of 2015 due to a poor performance in Latin America and Asia, and flat global sales.
  
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• EUR/USD: pair continues slow decline towards 1.0525

  27-01-2016 12:06 via liteforex.com
  Forex analytics: Current trendDuring this month, the EUR/USD pair has been trading within a descending channel despite a decline in the US Dollar against its other major counterparts. The European currency came under pressure from poor macroeconomic data, released in the EU.This week, the pair managed to gain back some of its losses and reached the level of 1.0900 amid a decline in the demand for the US ...
  
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• FTSE 100 Maintains Bullish Bias Ahead of FOMC Meeting

  27-01-2016 12:05
  The FTSE 100 remains robust despite strong declines in the China CSI 300 index. Stronger commodities are helping it here
  
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• FTSE 100 Maintains Bearish Bias Ahead of FOMC Meeting

  27-01-2016 12:05
  The FTSE 100 remains robust despite strong declines in the China CSI 300 index. Stronger commodities are helping it here
  
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• European shares pushed down as weak earnings weigh on markets

  27-01-2016 10:15 via news.yahoo.com
  
  European shares fell on Wednesday, hit by a drop in Swiss drugmaker Novartis and German chemicals company BASF after their weak earnings updates. Royal Bank of Scotland also dropped after the bank warned ...
  
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• NZD/USD Technical Analysis: Treading Water Above 0.64

  27-01-2016 09:46
  The New Zealand Dollar is stuck in consolidation mode above the 0.64 figure against the US Dollar after attempting to launch a rebound from four-month lows.
  
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• BUZZ-Evraz: SocGen cuts to "sell" on lower earnings expectations

  27-01-2016 09:45 via news.yahoo.com
  
  ** Russian steelmaker Evraz's shares down 5 pct, second largest FTSE midcap loser, after Societe Generale cuts rating on co to "sell" from "hold", slashes PT to 40p from 126p ** Analysts ...
  
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• AUD/USD Technical Analysis: Waiting for Selling Opportunity

  27-01-2016 09:30
  The Australian Dollar is attempting to extend the recovery against its US namesake after finding a bottom below the 0.68 figure.
  
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• AUD/USD: pair at local highs

  27-01-2016 09:06 via liteforex.com
  Forex analytics: Current trendYesterday the pair grew to its local highs amid some weakening in the USD that remains under pressure prior to the Fed Interest Rate Decision that is due today.At the same time, the pair was pressured by poor data from Australia that came out on Monday. The National Australia Bank’s Business Confidence in December fell from 5 to 3 points, while the Business Conditions fell from ...
  
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• GBP/USD: pair is growing

  27-01-2016 08:22 via liteforex.com
  Forex analytics: Current trendYesterday the pair significantly grew amid optimistic commentaries by Bank of England Governor Mark Carney. However, he noted that currently there are no necessary conditions in order to increase interest rates and the regulator will keep its monetary policy unchanged for now.In addition, the pair was supported by weakening prior to the FOMC meeting US Dollar. Experts do not ...
  
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• Market Bets on Dovish Fed May Be Disappointed. Will They Care?

  27-01-2016 07:49
  The Fed looks likely to signal its rate hike outlook has not changed despite recent market turmoil but wishful thinking may trump sober analysis among investors.
  
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• Asian stocks struggle as oil falters, China weakens

  27-01-2016 07:43 via news.yahoo.com
  
  By Saikat Chatterjee HONG KONG - Asian stocks held near the day's lows on Wednesday as a relapse in oil prices and fresh drops in Chinese stocks made sentiment even more fragile before a U.S. Federal Reserve policy statement due later. Technology giant Apple Inc's forecast of its first revenue drop in 13 years signalled a risk of diminishing corporate profitability and more downgrades. With Chinese stocks falling more than 3 percent after a 6.4 percent tumble in the previous session, Asia failed
  
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