Analyst news

• US stocks flat ahead of Yellen, jobs data; Nikkei gains

  28-03-2016 23:53 via rocketnews.com
  New York (AFP) – Wall Street stocks finished little changed Monday at the start of a heavy week of US economic news, while Japanese stocks benefited from a fall in the yen.Trade on Wall Street was sluggish as activity resumed following the Good Friday holiday. Leading European bourses were closed, as was the Hong Kong exchange.
  “Today there’s not any meaningful data points coming out,” said David Levy, portfolio manager at Republic Wealth Advisors.“Later in the week
  
  Read more

• Global stocks rise, dollar falls as odds wane for near-term rate hike

  28-03-2016 22:48 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - An index of global stocks edged higher on Monday, as did Wall Street, which was bolstered by a softer dollar as weak U.S. economic data cut expectations of a near-term interest rate increase by the Federal Reserve. Following Monday's data, markets are pricing in about a 37 percent chance of a rate hike by the Fed in June, with only a 10 percent chance of an April increase, according to CME Group's FedWatch tool. Markets had previously priced in a 50 percent c
  
  Read more

• Wall Street ends flat after choppy session

  28-03-2016 22:29 via news.yahoo.com
  
  Wall Street was mixed on Monday as weaker-than-expected U.S. economic data reduced concerns about potential interest rate hikes and a dip in oil prices pushed down energy shares. U.S. consumer spending barely rose in February and inflation retreated, suggesting the Federal Reserve could remain cautious about raising interest rates this year even as the labour market rapidly tightens. The S&P has mostly recovered from a 10-percent loss at the start of 2016 but many investors remain wary of po
  
  Read more

• US STOCKS-Wall Street ends flat after choppy session

  28-03-2016 22:25 via news.yahoo.com
  
  Wall Street was mixed on Monday as weaker-than-expected U.S. economic data reduced concerns about potential interest rate hikes and a dip in oil prices pushed down energy shares. U.S. consumer spending ...
  
  Read more

• Advertisement

• US STOCKS-Wall Street mixed as energy shares weigh

  28-03-2016 21:28 via news.yahoo.com
  
  U.S. stocks were mixed on Monday as weaker-than-expected U.S. economic data reduced concerns about potential interest rate hikes and a dip in oil prices pushed down energy shares. U.S. consumer spending ...
  
  Read more

• Nasdaq hires ex-Chi-X Global CEO as North American equities head

  28-03-2016 21:18 via news.yahoo.com
  
  NEW YORK (Reuters) - Transatlantic exchange operator Nasdaq Inc said on Monday it appointed Tal Cohen, the former head of Chi-X Global, to run its North American equities business. Nasdaq bought the Canadian operations of stock market operator Chi-X Global last month for an undisclosed amount from Nomura Holdings Inc and other banks. J.C. Flowers & Co. said in January it agreed to buy Chi-X Global's Australian and Japanese stock trading platforms. ...
  
  Read more

• Dollar dips, Wall St edges up after U.S. data casts doubt on Fed moves

  28-03-2016 20:21 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Wall Street shares rose in choppy trading as the dollar fell following weaker-than-expected U.S. economic data on Monday that cut expectations of a near-term interest rate increase by the Federal Reserve. The dollar reversed earlier gains and moved lower after U.S. consumer spending data indicated a sluggish economy with weak first-quarter gross domestic product growth. Monday's worse-than-expected consumer spending, as well as a downward adjustment to Januar
  
  Read more

• USDOLLAR at Cross Roads Heading Into 2Q- Initial Support 11970

  28-03-2016 20:12
  The U.S. Dollar is at risk for further losses after reversing off near-term confluence resistance. Here are the updated targets & invalidation levels that matter.
  
  Read more

• Advertisement

• Dollar dips, Wall Street edges up after U.S. data casts doubt on Fed moves

  28-03-2016 20:06 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Wall Street shares rose in choppy trading as the dollar fell following weaker-than-expected U.S. economic data on Monday that cut expectations of a near-term interest rate increase by the Federal Reserve. The dollar reversed earlier gains and moved lower after U.S. consumer spending data indicated a sluggish economy with weak first-quarter gross domestic product growth. Monday's worse-than-expected consumer spending, as well as a downward adjustment to Januar
  
  Read more

• COT-Small Traders Hold Largest AUD Long Position Since April 2013

  28-03-2016 18:49
  Small traders hold their largest Australian dollar net long position since the April 2013 top at 1.1080. A multi-year high in net-long positioning following a relatively feeble price advance warns of a near term price peak.
  
  Read more

• Retail FX Remains Net-Short EUR/USD Ahead of Euro-Zone CPI

  28-03-2016 18:25
  The retail FX crowd remains net-short EUR/USD ahead of the Euro-Zone CPI report even as the pair breaks out of a bearish pattern.
  
  Read more

• Saudi Arabian regulator approves Yamamah Steel IPO

  28-03-2016 18:18 via news.yahoo.com
  
  Saudi Arabia's Capital Market Authority has approved an initial public offer of shares in Al Yamamah Steel Industries Co, the regulator said on Monday, after severe volatility in the stock market earlier this year disrupted listing plans. The Saudi stock index has swung wildly this year in response to low oil prices, but in the last few weeks has regained some strength, permitting IPO activity to resume. Hospital operator Middle East Healthcare Co, which originally intended to complete an IPO in
  
  Read more

• Dollar, Wall St. dip after weak U.S. data

  28-03-2016 17:25 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Wall Street and the dollar fell following weaker-than-expected U.S. economic data on Monday that suggested the Federal Reserve may not be raising interest rates in the near future. The dollar reversed earlier gains and moved lower after U.S. consumer spending data that indicated a cooling economy and weak first-quarter gross domestic product growth. Monday's weaker-than-expected consumer spending, as well as a downward adjustment to January's numbers and weak
  
  Read more

• Dollar, Wall Street dip after weak U.S. data

  28-03-2016 17:15 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Wall Street and the dollar fell following weaker-than-expected U.S. economic data on Monday that suggested the Federal Reserve may not be raising interest rates in the near future. The dollar reversed earlier gains and moved lower after U.S. consumer spending data that indicated a cooling economy and weak first-quarter gross domestic product growth. Monday's weaker-than-expected consumer spending, as well as a downward adjustment to January's numbers and weak
  
  Read more

• As earnings loom, McCormick tied to M&A as acquirer, target

  28-03-2016 17:05 via news.yahoo.com
  
  The Maryland spice maker is preparing to report slowing first quarter earnings with its share price as high and expensive as it has ever been. McCormick is due on Tuesday to report earnings for the quarter ended in February and analysts expect a gain of 69 cents per share compared to 70 cents a year earlier. Hughes said the high price does not concern him and sees potential for the company to continue to grow, especially through acquisitions.
  
  Read more

• Webinar: Month / Quarter End Setups- USD Crosses in Play Ahead of NFP

  28-03-2016 17:00
  Setups we’re tracking into the close of the month / quarter. Here are the updated targets & invalidation levels that matter.
  
  Read more

• Notonthehighstreet Eyes New Cash Injection

  28-03-2016 16:15 via news.yahoo.com
  
  Sky News understands that Notonthehighstreet, an online marketplace, has been approached by a number of new investors about injecting funds into the business to allow it to accelerate its expansion. The capital-raising will be widely interpreted as a precursor to a stock market listing, although insiders say there are no firm plans yet for Notonthehighstreet to float. The valuation of Notonthehighstreet after its latest injection of funds is likely to be closely watched as it continues to grow a
  
  Read more

• Wall St. little changed as investors assess data

  28-03-2016 16:07 via rocketnews.com
  By Abhiram Nandakumar(Reuters) – Wall Street was little changed on Monday as gains in consumer staples stocks were offset by losses in energy and technology sectors and investors digested February consumer spending data.
  Consumer spending rose marginally in February and overall inflation retreated – factors that may feed in to the U.S. Federal Reserve’s decision on raising interest rates in 2016.
  A stream of recent encouraging data, including Friday’s fourth-quarter U.S.
  
  Read more

• Wall Street opens higher on consumer spending data

  28-03-2016 15:33 via rocketnews.com
  REUTERS – U.S. stocks opened slightly higher on Monday after data showed consumer spending picked up in February, the latest sign that an economic recovery was gathering steam. The Dow Jones industrial average was up 28.63 points, or 0.16 percent, at 17,544.36, the S&P 500 was up 3.76 points, or 0.18 percent, at 2,039.7 and the Nasdaq Composite was up 11.57 points, or 0.24 percent, at 4,785.07.(Reporting by Yashaswini Swamynathan; Editing by Saumyadeb Chakrabarty)
  Investment & Com
  
  Read more

• The CAC 40 Prepares to Breakout Ahead of News

  28-03-2016 15:10
  Trading is closed for the CAC 40 today, however traders are looking forward to the resumption of trading this week with a series of high importance economic events.
  
  Read more

• GBP/USD – Waiting For a Catalyst

  28-03-2016 14:55
  GBP/USD multi-week consolidation continues, inverse H&S pattern in the works?
  
  Read more

• S&P affirms Malaysia A- stable outlook

  28-03-2016 13:52 via rocketnews.com
  KUALA LUMPUR: Sovereign rating agency Standard & Poor’s has affirmed Malaysiaat A – position, saying the stable outlook reflects the country’s strong external position and monetary flexibility.
  The outlook remains stable, reflecting Malaysia’s strong external asset position.
  It would reduce the likelihood of a downgrade to lessthan one-in-three over the next 24 months.
  “This affirmation is based on our expectations that the 1MDB issues and the upcoming change i
  
  Read more

• USD/JPY: It is expected that the interest rates in the USA will be raised

  28-03-2016 13:47 via liteforex.com
  Forex analytics: It seems the USD has grown due to the verbal support provided by US Fed representatives.President of the US Fed in St. Louis Mr. James Bullard said in the interview to Bloomberg Television last Thursday that the rise in the interest rate can be justified on the grounds of the last events. It means that the US fed may increase the rate in April. After the words by Mr. Bullard the USD rose all ...
  
  Read more

• Analytical review of the stocks of Alphabet Inc.

  28-03-2016 13:03 via liteforex.com
  Forex analytics: Alphabet Inc., #GOOG [NASD]Technologies, Internet information providers, USA Financial performance of the company:Index – S&P 500; Beta – 0.89; Capitalization – 550.00 В;Return on asset – 11.81%; Income – 66.01 В;Average volume – 2.13 М. P/E – 30.65.ATR – 23.89.Analytical review: Since the middle of February the rise in the company’s stocks has exceeded 9.5%. It ...
  
  Read more

• USD/JPY: BUY signals!

  28-03-2016 13:01 via liteforex.com
  Forex analytics: The decline in the pair USD/JPY which has lasted since December 2015 seems to stop at the level of 111.40. Since March 18 the pair has grown without pullbacks. The rise in the pair is supported by the purchase of the USD by Japanese importers at the end of the fiscal year, which will end on 31 March. On the daily and 4-hour chart the indicators OsMA and Stochastic are giving buy signals. On the ...
  
  Read more

• AUD/NZD: will the price breaks out resistance level of 1.1260

  28-03-2016 12:45 via liteforex.com
  Forex analytics: From the technical point of view the pair AUD/NZD is at the strong resistance level of 1.1260, which the price tried to reach in the summer of 2014 and 2015 and after which the price sharply went down in the downward wave since 2011. The same situation may repeat again. It may happen on 5 April when RBAS will adopt interest rate decision. If the rate is lowered the price of the AUD will go down, ...
  
  Read more

• AUD/NZD: long-standing leap

  28-03-2016 11:21 via liteforex.com
  Forex analytics: In many countries stock exchanges are closed due to the Catholic Easter Monday. Trading volume and activity of traders are low.Movement in the cross-pair AUD/NZD was determined by the decision of the Central banks of New Zealand and Australia. The RBA has left interest rate unchanged, maintaining it at the level of 2% since May 2015. At the same time RBNZ unexpectedly lowered the interest rate ...
  
  Read more

• MIDEAST STOCKS-Petchems lift Saudi, Orascom Telecom pulls down Egypt

  28-03-2016 10:54 via rocketnews.com
  DUBAI, March 28 (Reuters) – Strong petrochemical shareslifted Saudi Arabia’s stock market in early trade on Monday,while Orascom Telecom Media pulled Egypt lower againbecause of concern about its deal to acquire CI Capital. Saudi Basic Industries climbed 2.3 percent,helping the Saudi index rise 0.9 percent. Saudi Telecom rebounded 2.4 percent after sliding for several daysin response to regulators cutting regional roaming fees in theGulf. Egypt’s index fell 0.6 percent as Egyp
  
  Read more

• MIDEAST STOCKS-Dubai bounces from chart support, rest of Gulf mixed

  28-03-2016 09:25 via rocketnews.com
  DUBAI, March 28 (Reuters) – Dubai’s stock market bouncedfrom technical support early on Monday after a week of declines,while other Gulf stock markets were mixed in quiet trade. The Dubai index edged down to a low of 3,267 pointsin the opening minutes, near chart support on its mid-March lowof 3,253 points, but after an hour of trade was 0.4 percenthigher at 3,294 points. Builder Arabtec added 2.5 percent after itscheduled a board meeting for Wednesday to discuss its business.Islami
  
  Read more

• MIDEAST STOCKS-Dubai may test chart support; Egypt to react to economic plan

  28-03-2016 07:54 via rocketnews.com
  DUBAI, March 28 (Reuters) – Dubai’s stock market may testtechnical support on Monday, while Egyptian investors will reactto the announcement by the government of its economic policyplan. The Dubai index fell 1.2 percent to 3,279 points onSunday, nearing chart support on its mid-March low of 3,253points. Any break would trigger a minor double top formed by theMarch peaks and pointing lower. The global market environment is modestly positive, with oilprices firm and Asian stocks highe
  
  Read more

• AUD/USD Technical Analysis: Short Trade Setup Sought

  28-03-2016 06:16
  The Australian Dollar turned lower against its US counterpart as expected, with prices now trying to make headway below the 0.75 figure.
  
  Read more

• EUR/USD Technical Analysis: Sellers Breach Monthly Support

  28-03-2016 05:51
  The Euro looks vulnerable to deeper losses after edging below trend line support guiding the upswing against the US Dollar since early March.
  
  Read more

• US Dollar May Rise as PCE Data Boosts Fed Rate Hike Bets

  28-03-2016 05:17
  The US Dollar may rise as the Fed’s favored PCE inflation gauge rises to the highest level in over three years, boosting 2016 interest rate hike expectations.
  
  Read more

Follow @news_analyst on Twitter!