Analyst news

• S&P 500, U.S. crude prices end at 2016 highs

  11-03-2016 23:53 via news.yahoo.com
  
  NEW YORK (Reuters) - The S&P 500 ended at its highest level of the year on Friday as oil prices climbed further and investors reassessed this week's stimulus measures by the European Central Bank.
  
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• Stock market extends rally to a 4th week as energy recovers

  11-03-2016 23:35 via news.yahoo.com
  
  NEW YORK (AP) — A jump in crude oil and a rise in European markets set off a rally in U.S. stocks to cap a four-week winning streak for major indexes.
  
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• ECB stimulus, firmer oil push S&P 500 to 2016 high

  11-03-2016 23:03 via news.yahoo.com
  
  Investors shook off skepticism over the ECB's stimulus package disclosed on Thursday, which was overshadowed by signals of an end to rate cuts, said Eric Kuby, chief investment officer at North Star Investment Management Corp in Chicago. Friday's bullish session was also strengthened by steadying oil prices, which have remained closely correlated with equities throughout the year. U.S. crude was up almost 2 percent and Brent was above $40 per barrel after the International Energy Agency said oil
  
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• US DOLLAR Technical Analysis: Dollar Drops to 50% Fibo of May-Jan. Range

  11-03-2016 22:30
  The US Dollar has entered into three separate support levels heading into FOMC. Now, attention is focused on risk-sentiment.
  
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• Forex Webinar with Jamie Saettele: 3/11/2016

  11-03-2016 21:33
  The USDOLLAR index is testing a critical level ahead of next week's FOMC meeting.
  
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• Gold Prices: Primed Ahead of Heavy Central Bank Week

  11-03-2016 21:00
  Gold set another new near-term high yesterday, and is currently in the process of pulling back. WIth a big week of Central Bank meetings ahead, traders can look to a continuation setup.
  
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• Long Term Cyclical Influence Nears for AUD/USD

  11-03-2016 20:02
  A cycle that relates 3 of the biggest technical events in the history of AUD/USD is due in a month. Specifically, the week of April 11th is a big point on the X-Axis for Aussie.
  
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• Wall Street rally boosted by higher oil prices

  11-03-2016 19:37 via news.yahoo.com
  
  Wall Street rallied on Friday as steadying oil drove energy shares, putting the three major indexes on track for their fourth straight weekly gains for the first time in more than four months. U.S. crude pared some of their gains, but were up more than 2 percent after the International Energy Agency said oil prices might have bottomed as output in the United States and other non-OPEC countries was beginning to fall quickly. Investors took a positive view of European Central Bank's new stimulus p
  
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• AUD/USD Stalls at 2015 Support- RBA, Labor Data to Spur Fresh Highs?

  11-03-2016 19:25
  The key event risks coming out of Australia may spark a further advance in AUD/USD should the developments dampen bets for an RBA rate-cut.
  
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• Britain's FTSE recovers from two-week low as banking stocks rally

  11-03-2016 17:48
  
  * Resources stocks up, tracking commodities prices (Adds closing prices)
  
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• Wall St rallies as oil holds on to gains

  11-03-2016 17:34 via news.yahoo.com
  
  Wall Street rallied on Friday as steadying oil drove energy shares, putting the major stock indexes on track for their fourth straight weekly gains in more than four months. U.S. crude pared some of their gains, but were up more than 1 percent after the International Energy Agency said oil prices might have bottomed as output in the United States and other non-OPEC countries was beginning to fall quickly. Investors also took a positive view of European Central Bank's new stimulus package unveile
  
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• Will the BoJ and FOMC Follow the ECB’s Lead?

  11-03-2016 16:13
  Yesterday produced quite a bit of excitement along with some rampant volatility. This likely isn't over yet, as the Bank of Japan and FOMC are on deck for next week.
  
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• USD/СAD: Wave analysis and forecast for 11.03 – 18.03

  11-03-2016 16:07 via liteforex.com
  Forex analytics: USD/СAD:Wave analysis and forecast for 11.03 – 18.03: Downtrend dominates. Estimated pivot point is at the level of 1.3450. Our opinion: Sell the pair from correction below the level of 1.3450 with the targets of 1.3054. Alternative scenario: Breakdown and consolidation of the price above the level of 1.3450 will enable the pair to continue the rise up to 1.3850 – 1.3950. Analysis: ...
  
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• USD/CAD Bearish Inside Bar Breakout

  11-03-2016 16:05
  After initially trading higher on unemployment data, the USD/CAD is now breaking to new monthly lows.
  
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• USD/JPY: Wave analysis and forecast for 11.03 – 18.03

  11-03-2016 16:04 via liteforex.com
  Forex analytics: USD/JPY: Wave analysis and forecast for 11.03 –18.03: The pair is likely to decline. Estimated pivot point is at the level of 114.55. Our opinion: Sell the pair from correction below the level of 114.55 with the targets of 108.00 – 107.00.Alternative scenario: Breakout and consolidation of the price above the level of 114.55 allow the pair to continue the rise up to the levels of 120.00 ...
  
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• USD/CHF: Wave analysis and forecast for 11.03 – 18.03

  11-03-2016 16:01 via liteforex.com
  Forex analytics: USD/CHF: Wave analysis and forecast for 11.03 – 18.03: Downtrend continues.Estimated pivot point is at the level of 1.0089. Our opinion: Sell the pair from correction below the level of 1.0089 with the target of 0.95. Alternative scenario: Breakout and consolidation of the price above the level of 1.0089 will allow the pair to continue the rise up to the level of 1.05. Analysis: Presumably, ...
  
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• GBP/USD: Wave analysis and forecast for 11.03 – 18.03

  11-03-2016 15:57 via liteforex.com
  Forex analytics: GBP/USD: Wave analysis and forecast for 11.03 – 18.03: The pair is undergoing correction. The rise in the pair is possible. Estimated pivot point is at the level of 1.4115. Our opinion: Sell the pair from correction above the level of 1.4115 with the targets of 1.45 – 1.4690. Alternative scenario: Breakout and consolidation of the price below the level of 1.4115 will enable the pair to ...
  
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• EUR/USD: Wave analysis and forecast for 11.03 – 18.03

  11-03-2016 15:55 via liteforex.com
  Forex analytics: EUR/USD:Wave analysis and forecast for 11.03 – 18.03: Uptrend continues. Estimated pivot point is at the level of 1.0820. Our opinion: Buy the pair from correction above the level of 1.0820 with the target of 1.15 – 1.16. Alternative scenario: Breakout and consolidation of the price below the level of 1.0820 will allow the pair to continue decline to 1.07 – 1.06. Analysis: Presumably, the ...
  
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• UPDATE 2-SunEdison names successor to CFO

  11-03-2016 15:34
  
  March 11 (Reuters) - Troubled U.S. solar company SunEdison Inc named a successor to Chief Financial Officer Brian Wuebbels, who will take over as chief executive of its two units.
  
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• Risk Markets Rallying as ECB’s Measures are Digested

  11-03-2016 14:45
  Markets may have been upset with some of the language used by ECB President Mario Draghi in his press conference, but one thing is clear: the ECB delivered.
  
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• Jessica Alba's Honest Co rejects report on detergent ingredients

  11-03-2016 14:16 via news.yahoo.com
  
  (Reuters) - Honest Co, the shopping startup co-founded by actress Jessica Alba, rejected a Wall Street Journal report that the company used ingredients in its laundry detergent it had pledged to avoid.
  
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• Analytical review of the stocks of Caterpillar Inc.

  11-03-2016 14:07 via liteforex.com
  Forex analytics: Caterpillar Inc., #CAT [NYSE]Industrial goods, Agriculture and Construction equipment, USA
  Financial performance of the company:Index – DJIA, S&P 500; Beta – 1.57; Capitalization – 34.86 В;Return on asset – 3.60%; Income – 2.95 В;Average volume – 6.37 М. P/E – 12.42.ATR – 2.06.Analytical review:Over the last 6 months the price of the company has dropped by more than 20%. It ...
  
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• Shares bounce, euro fades after savage ECB reaction

  11-03-2016 13:43
  
  By Marc JonesLONDON (Reuters) – The euro steadied and European shares and bonds rebounded on Friday after being savaged on Thursday when the European Central Bank signalled it was unlikely to cut its negative interest rates further in the wake of a huge new stimulus plan.Markets were starting to focus on what they saw as the positive features of the ECB policy package, with surges to 2016 highs for both U.S. oil prices and China’s yuan also boosting confidence. Wall Street was expect
  
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• Global shares bounce, euro fades after savage ECB reaction

  11-03-2016 13:43
  By Marc JonesLONDON (Reuters) – The euro steadied and European shares and bonds rebounded on Friday after being savaged on Thursday when the European Central Bank signalled it was unlikely to cut its negative interest rates further in the wake of a huge new stimulus plan.Markets were starting to focus on what they saw as the positive features of the ECB policy package, with surges to 2016 highs for both U.S. oil prices and China’s yuan also boosting confidence. Wall Street was expect
  
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• Futures rise as oil prices cling on to gains

  11-03-2016 13:38
  By Abhiram Nandakumar(Reuters) – U.S. stock index futures rose on Friday as oil prices held on to gains, a day after the European Central Bank announced a new stimulus program.
  U.S. crude rose more than 2 percent, after the International Energy Agency said oil prices might have bottomed as output in the United States and other non-OPEC countries was beginning to fall quickly. [O/R]
  The S&P 500 is down 2.7 percent for the year, recovering from a steep selloff at the start of the year th
  
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• Silver Gets A Bump Higher Following A Soft Dollar

  11-03-2016 13:21
  Silver prices remain in a bullish trend after carving out a low of $15.16.
  
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• Brent: forecast for oil market from IEA

  11-03-2016 13:03 via liteforex.com
  Forex analytics: According to the monthly report of the International Energy Agency (IEA) released on Friday, there are strong risks of decline in the demand of oil in the world despite the rise of oil consumption in India, South Korea, Indonesia and some other countries.Although Iraq, Nigeria and UAE have reduced oil production in February, Iran has increased production by 220 000 barrels per day. According to ...
  
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• Brent: The price has grown by over 50% from the low of this year

  11-03-2016 12:43 via liteforex.com
  Forex analytics: From the lows of January at the level of 27.05 the price of crude oil Brent has grown by over 50%.On the four-hour, daily and weekly charts the indicators OsMA and Stochastic give signals for long positions.However, the price has closely approached the zone of strong resistance at the levels of 41.50 (ЕМА144 on the daily chart) and 42.30 (lows of August 2015). The price might consolidate ...
  
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• EUROSTOXX50: indices went up after the decision by ECB

  11-03-2016 12:08 via liteforex.com
  Forex analytics: Following yesterday’s turbulence in the financial markets and fall in the world stock indices, including European index EUROSTOXX50, today, indices have regained the losses and are traded in the positive zone.On the daily chart the price of EUROSTOXX50 has already broken down resistance levels of 2995.0 (ЕМА50), 3010.0 (Fibonacci 38.2% and the upper limit of the descending channel) and ...
  
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• EUROSTOXX50: impact of yesterday’s events

  11-03-2016 11:18 via liteforex.com
  Forex analytics: In general, financial markets positively reacted to yesterday’s decision by ECB to lower interest rates in Eurozone. The core interest rate was reduced by 0.05% to 0.00%, interest rate on deposits was lowered by 0.1% to -0.4%. Program of redemption of bonds was increased by 20 billion up to 80 billion euro per month, which was by 10 billion more than expected by market participants.After the ...
  
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• UPDATE 3-Old Mutual to split up, may list some businesses

  11-03-2016 11:12
  
  * Adjusted operating profit rises 4 pct 2015 (Adds CEO comments, detail, analysts, dividend, share move)
  
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• FTSE 100: The Next Few Days Could Be Crucial

  11-03-2016 10:59
  Traders are not as committed to the bearish side as during yesterday’s ECB meeting and price is trapped in a narrow range; a break to this range could set the tone for next week.
  
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• Britain's FTSE gains as Aviva and banking stocks rally

  11-03-2016 10:30
  
  LONDON, March 11 (Reuters) - UK shares were lifted higher on Friday by extended gains in insurer Aviva and a rally in banking stocks as investors digested the bold stimulus package proposed by the...
  
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• EUR/USD Technical Analysis: Looking to Sell into Euro Surge

  11-03-2016 09:38
  The Euro raced sharply higher against the US Dollar following the ECB monetary policy announcement, putting in the largest daily advance in three months.
  
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• DAX 30 Claws Back Some Of Its ECB Induced Losses

  11-03-2016 09:09
  The DAX trades higher as traders are trying to come to terms with what the raft of ECB actions truly mean for the stock markets.
  
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• USD/CAD to Eye Fresh March Lows on Upbeat Canada Employment Report

  11-03-2016 09:00
  A marked pickup in Canada Employment may spur fresh monthly lows in USD/CAD as it dampens bets for a BoC rate-cut in 2016.
  
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• Gold Price Lifted by ECB Easing Package, Oil, Copper Price Rally

  11-03-2016 08:50
  ECB’s extensive easing with 3 rate cuts and ensuing volatility restored gold’s attractiveness. Oil and copper joined a risk rally
  
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• Did Financial Markets Misunderstand ECB President Draghi?

  11-03-2016 07:49
  Commodity currencies are trading higher as the Yen falls amid a recovery in risk appetite as financial markets re-evaluate the implications of ECB stimulus expansion.
  
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• Russia's Rostec sees 2016 govt defence orders cut by around 10 pct - WSJ interview

  11-03-2016 07:46 via news.yahoo.com
  
  Russia's government will cut its defence orders by about 10 percent this year, Sergei Chemezov, the head of Russia's industrial conglomerate Rostec, said in an interview with the Wall Street Journal published on Friday.
  
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• JPN225 Consolidates on Support

  11-03-2016 06:54
  Reversal in JPN 225 turned into consolidation above 16,525 support that may last through next week. Range top is 50% Fibonacci at 17,438
  
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• PRESS DIGEST - Wall Street Journal - March 11

  11-03-2016 06:38 via news.yahoo.com
  March 11 (Reuters) - The following are the top stories inthe Wall Street Journal. Reuters has not verified these storiesand does not vouch for their accuracy. - Two independent lab tests commissioned by the Wall StreetJournal determines use of sodium lauryl sulfate, or SLS, inlaundry detergent produced by Jessica Alba's Honest Co, aningredient it pledged to avoid. (http://on.wsj.com/1Rap44A) - TransCanada Corp, the company behind thecontroversial Keystone XL oil pipeline project, is in takeovert
  
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• NZD/USD Technical Analysis: Near-Term Support Holds Up

  11-03-2016 06:10
  The New Zealand Dollar found interim support against its US counterpart following a pullback after the formation of a bearish Evening Star candlestick pattern.
  
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• EUR/GBP Technical Analysis: Topping Setup Taking Shape?

  11-03-2016 05:55
  The Euro moved swiftly higher against the British Pound amid aggressive seesaw volatility following the ECB monetary policy announcement.
  
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• US pre-open: Stocks set for positive open as oil rallies

  11-03-2016 01:29
  LONDON (ShareCast) – (ShareCast News) – Stocks on Wall Street looked set for solid gains at the open as oil prices rose and investors continued to digest the implications of the European Central’s Bank latest stimulus measures.At 1210 GMT, Dow Jones Industrial Average and S&P 500 futures were up 0.9% and 1%, respectively, while Nasdaq (NasdaqGS: NDAQ – news) futures were 1.2% higher.At the same time, West Texas Intermediate was up 2.6% to $38.83 a barrel and Brent cru
  
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• U.S. says alleged architect of Avon, Rocky Mountain stock hoaxes arrested

  11-03-2016 01:07
  
  NEW YORK, March 10 (Reuters) - The alleged architect of hoaxes that drove up the share prices of Avon Products Inc and Rocky Mountain Chocolate Factory Inc has been arrested in Bulgaria and charged...
  
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