Analyst news

• Barclays Bank PLC Launches New Consent Solicitation Proposal for iPath® S&P GSCI® Crude Oil Total Return Index ETN

  16-02-2016 23:58 via news.yahoo.com
  
  Barclays Bank PLC (“Barclays”) announced today the launch of its new consent solicitation (the “New Consent Solicitation”) for the iPath® S&P GSCI® Crude Oil Total Return Index ETN (“the ETNs”). Consents are being solicited from each person in whose name beneficial ownership of the ETNs was recorded as of 5:00 p.m., Eastern Standard Time, on February 11, 2016, the record date for the New Consent Solicitation.
  
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• Barclays Bank PLC Launches New Consent Solicitation Proposal for iPath® S&P GSCI® Crude Oil Total Return Index ETN

  16-02-2016 23:58
  NEW YORK–(BUSINESSWIRE)– Barclays Bank PLC (“Barclays”) announced today the launch of its new consent solicitation (the “New Consent Solicitation”) for the iPath® S&P GSCI® Crude Oil Total Return Index ETN (“the ETNs”).Name of ETN    Ticker Symbol     Automatic Termination Level in Previous Consent Solicitation     Automatic Termination Level in New Consent Solicitation iPath® S&P GSCI® Crude O
  
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• UPDATE 1-Buffett to webcast Berkshire annual meeting on Yahoo

  16-02-2016 22:42
  
  Feb 16 (Reuters) - Warren Buffett's Berkshire Hathaway Inc plans to webcast its annual meeting for the first time, allowing the largest U.S. shareholder gathering to reach a global audience through...
  
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• N.Y. stockbrokers' trades on IBM deal tip not illegal, jurors told

  16-02-2016 22:34 via news.yahoo.com
  
  By Nate Raymond NEW YORK (Reuters) - Lawyers for two former Wall Street stockbrokers urged jurors on Tuesday to reject a U.S. regulator's claims they illicitly traded on a tip about an IBM Corp deal, saying their conduct did not constitute illegal insider trading. At the start of a trial in Manhattan federal court, lawyers for ex-Euro Pacific Capital Inc brokers Daryl Payton and Benjamin Durant admitted they traded on non-public information about IBM's 2009 acquisition of SPSS Inc for $1.2 billi
  
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• Wall St climbs again; consumer, industrial shares surge

  16-02-2016 22:30 via news.yahoo.com
  
  Wall Street minted its second straight session of solid gains on Tuesday, as investors snatched up beaten-down consumer discretionary, industrial and tech shares. All 10 S&P sectors closed higher following an extended holiday weekend. Building on Friday's rally, the S&P 500 tallied its biggest two-day percentage gain since August.
  
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• Opening Range Setups in CADJPY Ahead of Key Inflation Data

  16-02-2016 21:49
  CADJPY has set well-defined weekly & yearly opening ranges ahead of key inflation data this week. Here are the updated targets & invalidation levels that matter.
  
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• EUR/USD – Breakout Hangs in the Balance

  16-02-2016 21:00
  EUR/USD turns down from trendline resistance, 1.1050 area a critical support confluence.
  
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• GBP/USD Technical Analysis: The Cable Breaks the Flag

  16-02-2016 20:55
  The Cable kicked off the year with a jaw-dropping downtrend that spent the better part of the last three weeks retracing. But with the bear flag now broken, will the Cable be ready to run?
  
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• UPDATE 2-Community Health's surprise loss pulls down hospital stocks

  16-02-2016 20:04
  
  Feb 16 (Reuters) - Shares of Community Health Systems Inc fell as much as 31 percent on Tuesday, to their lowest level in seven years, after the No. 2 U.S. for-profit hospital operator posted a...
  
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• WTI Crude Oil Price Forecast: Uncertainty Remains As Markets Face Max Storage Capacity

  16-02-2016 19:45
  Hope of a coordinated production cut has WTI Crude Oil Touch 31.40; But Doubts on an agreement and max capacity keep the focus lower.
  
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• GBP/USD Breaks Down on Weak U.K. Core CPI; Retail FX Still Net-Long

  16-02-2016 19:15
  The retail FX crowd appears to be fading the near-term selloff in GBP/USD as positioning moves back towards recent extremes.
  
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• Market overview: Footsie tracks gains on Wall Street

  16-02-2016 18:52 via news.yahoo.com
  (ShareCast News) - 1630:Close Stocks tracked Wall Street higher, brushing off losses on the Continent as the president of the Philly Fed, Patrick Harker argued for near-term patience when it came to tightening ...
  
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• China Unleashed Multiple Yearly Plans for 2016

  16-02-2016 18:44
  New policies and procedures have been released upon the conclusion of the Lunar New Year holiday.
  
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• Britain's FTSE rises as oil shares hang on to gains

  16-02-2016 17:56
  
  * Anglo American volatile after results; ends higher (Updates prices at close)
  
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• Wall St up as bargain hunters snap up beaten-down stocks

  16-02-2016 17:06 via news.yahoo.com
  
  Wall Street was higher on Tuesday morning, extending a rally from Friday, as cautious investors looked for bargains among beaten-down stocks. Bank of America rose 2.3 percent and Citigroup gained 2.7 percent. Consumer discretionary, technology and health stocks are down more than 9 percent this year.
  
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• Wall Street up as bargain hunters snap up beaten-down stocks

  16-02-2016 17:05 via news.yahoo.com
  
  (Reuters) - Wall Street was higher on Tuesday morning, extending a rally from Friday, as cautious investors looked for bargains among beaten-down stocks.
  
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• Fed’s newest member suggests breaking up Wall Street banks

  16-02-2016 16:41
  By Lindsay Dunsmuir and Jason LangeWASHINGTON (Reuters) – The U.S. Federal Reserve’s newest policymaker on Tuesday called on lawmakers to consider “bold, transformational” rules including the breaking up of the nation’s largest banks to ensure taxpayers are no longer on the hook should they fail. In his first speech as head of the Minneapolis Fed, Neel Kashkari urged a radical shakeup of Wall Street’s banks, straddling the line between the Fed’s policyma
  
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• Wall Street opens higher as oil prices stabilize

  16-02-2016 15:40
  By Tanya AgrawalREUTERS – Wall Street was set to open higher on Tuesday, extending a rally from Friday after an extended weekend, as cautious investors looked for bargains among beaten-down stocks and as oil prices stabilized. Brent crude oil prices hit a 12-day high after four of the world’s largest producers agreed to freeze output, but quickly gave up those gains to trade flat as investors had hoped for an outright cut in supplies. [O/R] U.S. crude was around $30 per barrel and Br
  
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• Wall Street open higher as oil prices stabilize

  16-02-2016 15:36
  (Reuters) – U.S. stocks opened higher on Tuesday as cautious investors looked for bargains among beaten-down stocks and as oil prices stabilized.
  The Dow Jones industrial average <.DJI> was up 140.46 points, or 0.88 percent, at 16,114.3.
  The S&P 500 <.SPX> was up 15.98 points, or 0.86 percent, at 1,880.76.
  The Nasdaq Composite <.IXIC> was up 63.86 points, or 1.47 percent, at 4,401.37. (Reporting by Shashwat Awasthi in Bengaluru; Editing by Savio D’Souza)
  Financ
  
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• Global Equity Markets Primed Ahead of Fed-Speak

  16-02-2016 15:27
  After a threatening bout of volatity last week, global equity markets have been bouncing higher. But with Fed-speech on the docket, how long might this last?
  
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• Gold Prices Pause After Two Day Decline

  16-02-2016 15:15
  Gold Prices are ranging this morning, after declining for the last two trading sessions.
  
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• Community Health stock slumps after surprise loss, rivals also hit

  16-02-2016 15:15
  
  Feb 16 (Reuters) - Community Health Systems Inc's shares were set to open at a near seven-year low on Tuesday, a day after the No.2 U.S. for-profit hospital operator posted a surprise quarterly...
  
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• NAHB Housing Market Index. US, 5:00 pm

  16-02-2016 15:00 via liteforex.com
  Forex analytics: The National Association of Home Builders releases Housing Market Index for January at 5:00 pm (GMT+2). The index is based on a survey of homeowners regarding their assessment of current property prices and price dynamics for the next six months. A result above 50 indicates that current property prices are seen as acceptable.
  
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• Analytical review of International Business Machines Corporation's shares

  16-02-2016 14:32 via liteforex.com
  Forex analytics: International Business Machines Corporation, #IBM [NYSE]Technologies, IT, USA
  Financial performanceIndex – DJIA, S&P 500; Beta – 0.62;Capitalization – 177.42 В;Assets profitability - 11.90%;Revenue - 13.19 B; Average volume – 5.23 М; P/E - 8.89;ATR – 3.21.Analytical reviewThe Company has the 11th biggest capitalization in the technologies sector among the issuers listed on the US ...
  
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• Silver Prices Are Pinned Down

  16-02-2016 13:55
  Silver prices are trapped in the $15.11 to $15.46 range. A breakout from this range is needed to be able to determine the next step for prices.
  
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• The Latest: Wall Street set to enjoy buoyant return

  16-02-2016 13:27
  
  LONDON (AP) — The latest on the turmoil in global financial markets (all times local):12:25 a.m.
  Whether this week’s more robust tone in global stock markets lasts could well hinge on the performance of Wall Street.
  Following the three-day weekend, traders return to their desks Tuesday and the expectation is that U.S. stocks will track their counterparts around the world higher.
  Dow futures and the broader S&P 500 futures are both pointing to a 1.4 percent advance at the opening
  
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• The Case for a Short-term US Dollar Rally Improves

  16-02-2016 13:14
  We've been very cautious on the USDOLLAR Index, but it's time to consider the opposite point of view.
  
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• EUROSTOXX50: upward momentum is failing

  16-02-2016 12:34 via liteforex.com
  Forex analytics: Yesterday, at the meeting of European Parliament in Brussels Mario Draghi said that if necessary, the European Central bank can loosen monetary policy even more. It seems that investors were pleased with the prospects of possible revision of the monetary policy in March.Investors in the financial markets showed increased risk appetite in the past two days. They withdraw funds from safe-haven ...
  
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• Gold snaps two-day decline as equities retreat

  16-02-2016 12:17 via news.yahoo.com
  
  By Jan Harvey LONDON (Reuters) - Gold rose on Tuesday, snapping two days of losses and recovering from an early dive below $1,200 an ounce as stock markets swung lower, boosting interest in the metal as a haven from risk Spot gold was up 0.2 percent at $1,211.68 an ounce by 1045 GMT, having earlier fallen as low as $1,190.40. Heightened stock market volatility and fears that a slowdown in China could spill into the wider markets has led investors to cut the number of interest rate increases they
  
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• DAX 30 Trades Lower on a Soft ZEW Index and Crude Oil

  16-02-2016 12:00
  The DAX 30 is lower by 0.60% at the time of writing, as it weakened following softer crude oil prices on an announcement by OPEC and Russia, namely that they are freezing crude oil production at the January 11 levels.
  
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• FTSE 100 Digests Yesterday’s Gains, Empire Manufacturing on Deck

  16-02-2016 11:47
  The FTSE 100 (FXCM: UK100) is slightly higher today (+0.60%), but traders are hesitant to lift it even higher as the risk/reward ratio for fresh long positions at current levels is not good following yesterday's strong gains.
  
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• British Pound Unfazed by Mixed CPI data, Slight Miss to Expectations

  16-02-2016 11:17
  The British Pound was little changed versus other major currencies after today's inflation data showed headline CPI rose, but the Core figure dropped
  
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• NZD/USD: breakout of the range is possible

  16-02-2016 11:03 via liteforex.com
  Forex analytics: Over the past two weeks the pair NZD/USD is traded in the range of 0.6745 and 0.6600. At the moment the price has consolidated near support level of 0.6605 (ЕМА50 on the daily chart and ЕМА200, ЕМА144 on 4-hour chart).However, on the 4-hour chart, the indicators OsMA and Stochastic have reversed in favour of the short positions.Breakout of support level of 0.6605 will bring the pair ...
  
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• NZD/USD: inflation expectations has dropped

  16-02-2016 10:52 via liteforex.com
  Forex analytics: Although retail sales in New Zealand had grown in Q$ (1.2% against the forecast of 1.4% and 1.5% in the previous quarter), the pair NZD/USD fell earlier this morning. According to reported released by the Reserve Bank of New Zealand, inflation expectations in Q1 was lower than in the previous quarter (1.6% against 1.9% in the previous quarter).Today, dairy auction results will become known. The ...
  
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• UPDATE 2-Weaker euro helps Michelin weather Chinese competition

  16-02-2016 10:42
  
  * Sets higher medium-term margin goals for car and truck tyres
  
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• CORRECTED-PRESS DIGEST- British Business - Feb 16

  16-02-2016 10:21
  
  (Corrects to remove incorrect Reuters Instrument Code for BG Group) The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not...
  
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• BUZZ-Mondi: relief on slight FY beat

  16-02-2016 10:02
  
  ** South African packaging and paper co Mondi up 1.3% & among top FTSE 100 gainers
  
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• BUZZ-Spectris: best day in almost 3 years on reassuring FY

  16-02-2016 09:33
  
  ** Electrical engineering company Spectris up c.7 pct, on track for its sharpest gain since April 2013
  
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• EUR/JPY: pair grows

  16-02-2016 09:05 via liteforex.com
  Forex analytics: Current trendYesterday the pair slightly grew and strengthened towards the level of 128.00 amid a weakening in the Japanese currency.The Yen was pressured by Prime Minister of Japan Shinzo Abe commentaries regarding a possibility of the market intervention by the Bank of Japan. He stated that the Japanese economy is not interested in further growth of volatility of the national currency and ...
  
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• Global investment banks’ earnings may decline in 2016: JP Morgan

  16-02-2016 08:33
  (Reuters) – Global investment banks’ earnings may decline this year, given a challenging credit trading environment and low level of deal flow, said JP Morgan Securities analysts, who cut their 2016 earnings estimate for investment banks by an average 20 percent.“We believe the Q1 IB revenue environment has started on a challenging note with limited issuance activity and widening credit spreads,” said analysts led by Kian Abouhossein, who estimate revenues to decline 21 p
  
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• USD/TRY: Dollar resumed growth

  16-02-2016 08:02 via liteforex.com
  Forex analytics: Current trendSince the beginning of this week, the pair continues strengthening amid some reduction in anxiety on the market.The Dollar was supported by data on Retail Sales that came out in the US on Friday. In January, the index grew by 0.2% that was slightly better than forecasts of economists. At the same time, the Turkish Lira remains under pressure due to growing tensions around the ...
  
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• New Fed Presidents Set to Speak, May Change the Dynamic of the FOMC

  16-02-2016 06:55
  Two relatively new regional Federal Reserve presidents and FOMC members in turn are scheduled to weigh in on themes that have been key talking points for market participants: growth forecasts and monetary policy.
  
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• Risk Assets Ride on Oil Winning Streak while Gold Pares Gains

  16-02-2016 06:45
  Oil charged higher as more details of coordinated cuts were revealed. Copper held gains amid favorable conditions in China. Gold slid further
  
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• NZD/USD Tumbles as Inflation Outlook Spurs RBNZ Rate Cut Bets

  16-02-2016 06:38
  The New Zealand Dollar declined against its US counterpart after New Zealand’s 2-year inflation expectations fell to its lowest level since 1994, boosting rate cut expectations.
  
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• PRESS DIGEST - Wall Street Journal - Feb 16

  16-02-2016 06:10 via news.yahoo.com
  
  Feb 16 (Reuters) - The following are the top stories in theWall Street Journal. Reuters has not verified these stories anddoes not vouch for their accuracy. - HSBC PLC 's decision to keep its headquarters inthe U.K. rather than move to Hong Kong is promptingsoul-searching in this former British colony about itsperception on the world stage. (http://on.wsj.com/1PB9NpA) - General Dynamics Corp, Britain's BAE Systems PLC, and Germany's Rheinmetall AG, are amongthose lining up for the right to repla
  
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• AUS 200 Technical Analysis: The Rebound Gathers Force

  16-02-2016 06:02
  AUS 200 is heading up to previous triple bottom at 4918.4, then 5074 resistance. Upward momentum is building up strongly
  
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• RBA Meeting's Minutes. Australia, 2:30 am

  16-02-2016 00:30 via liteforex.com
  Forex analytics: The minutes of the Reserve Bank of Australia are due at 2:30 am (GMT+2). The minutes are released two weeks after the interest rate decision and contain commentaries regarding this decision. They also give full account of the voting process of the Reserve Bank Board.
  
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