Analyst news

• Euro Could Suffer as Central Bank Policies Provoke Inflation Protection

  24-04-2016 22:00
  The European Central Bank’s lack of clarify over its forthcoming policy steps leaves EUR/USD, and really, the whole EUR-complex, at risk to the Federal Reserve’s April policy meeting this week.
  
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• Wall Street Weekahead: Upside limited for 2016 even as earnings bottom

  24-04-2016 19:25 via news.yahoo.com
  
  By Rodrigo Campos NEW YORK (Reuters) - HaveEven with a spate of high-profile earnings disappointments in recent days from the likes of Caterpillar, Microsoft and Google's parent company, the profit recession that has dogged U.S. stocks since last fall is still expected to come to an end in the second half of this year. The S&P 500 tech sector on Friday posted its largest percentage decline in 11 weeks after Microsoft and Alphabet both missed analysts' expectations.
  
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• MIDEAST STOCKS-Petchems lift Saudi, other Gulf markets mixed

  24-04-2016 16:37 via news.yahoo.com
  * Saudi's trading volume highest since last August * Dar Al Arkan surges despite decline in earnings * Abu Dhabi Islamic Bank gains after strong results * Lowest Egyptian volume since mid-March devaluation * Qalaa Holdings drops after 2015 earnings By Celine Aswad DUBAI, April 24 (Reuters) - Saudi Arabia's stock market rose strongly in heavy trade on Sunday as firm oil prices boosted petrochemical shares, while other markets in the region were mixed. Riyadh's main index jumped 1.7 percent to 6,6
  
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• Mitsubishi Motors may skip earnings forecast due to data scandal: source

  24-04-2016 13:03 via news.yahoo.com
  
  Mitsubishi Motors Corp is unlikely to issue an earnings forecast for the current financial year when it announces annual results this week, due to uncertainty about the financial impact of its misleading fuel economy data, a person close to the company told Reuters on Sunday. The Japanese automaker is under investigation by the transport ministry after saying last week that it overstated the fuel economy of four of its minivehicle models made for the local market, including ones produced for Nis
  
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