Analyst news

• Citadel tops list of private U.S. trading venues: report

  25-04-2016 23:46 via news.yahoo.com
  
  By John McCrank NEW YORK (Reuters) - Citadel Securities, one of the top market makers in U.S. stocks and listed stock options, runs one of the largest stock trading venues in the country, according to a report released on Monday aimed at providing transparency into where stock trading occurs. Citadel LLC, which also operates a hedge fund, executed just over 1.1 billion shares in its brokerage the week of April 4, according to the Financial Industry Regulatory Authority, Wall Street's own watchdo
  
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• U.S. stocks fall on oil, earnings; dollar retreats

  25-04-2016 22:58 via news.yahoo.com
  
  By Dion Rabouin and Richard Leong NEW YORK (Reuters) - U.S. stock prices fell on Monday due to weaker oil prices and disappointing company results, while the dollar retreated on profit-taking ahead of central bank policy meetings in the United States and Japan later this week. Reluctance to make big bets in advance of these policy-maker meetings lifted U.S. government yields to four-week peaks and German yields to their highest in five weeks. ...
  
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• Wall Street ends slightly lower on energy, earnings

  25-04-2016 22:52 via news.yahoo.com
  
  Energy shares dragged Wall Street slightly lower on Monday, tracking a decline in oil prices, while earnings and guidance from companies including Perrigo and Xerox also weighed on U.S. stocks. With the S&P 500 up in eight of the past 10 weeks and nearing the record high set almost a year ago, traders are struggling to find reasons to push it even higher as underwhelming earnings and the spectre of higher interest rates hover over markets. Perrigo Co , down 18 percent after it lowered its ad
  
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• Wall St. ends slightly lower on energy, earnings

  25-04-2016 22:51 via news.yahoo.com
  
  With the S&P 500 up in eight of the past 10 weeks and nearing the record high set almost a year ago, traders are struggling to find reasons to push it even higher as underwhelming earnings and the specter of higher interest rates hover over markets. Perrigo Co , down 18 percent after it lowered its adjusted profit forecast for the full year, was among the largest drags on the S&P 500.
  
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• US STOCKS-Wall St ends slightly lower on energy, earnings

  25-04-2016 22:50 via news.yahoo.com
  Energy shares dragged Wall Street slightly lower on Monday, tracking a decline in oil prices, while earnings and guidance from companies including Perrigo and Xerox (Swiss: XRX.SW - news) also weighed on U.S (Other OTC: UBGXF - news) . With (Other OTC: WWTH - news) the S&P 500 up in eight of the past 10 weeks and nearing the record high set almost a year ago, traders are struggling to find reasons to push it even higher as underwhelming earnings and the specter of higher interest rates hover
  
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• Wall Street slightly lower on energy drag, earnings

  25-04-2016 22:05 via news.yahoo.com
  
  NEW YORK (Reuters) - Energy shares dragged Wall Street slightly lower on Monday, coinciding with a decline in oil prices, while earnings and guidance from companies including Perrigo and Xerox also weighed on U.S. stocks. The Dow Jones industrial average fell 26.3 points, or 0.15 percent, to 17,977.45, the S&P 500 lost 3.78 points, or 0.18 percent, to 2,087.8 and the Nasdaq Composite dropped 10.44 points, or 0.21 percent, to 4,895.79. (Reporting by Rodrigo Campos; Editing by Jonathan Oatis)
  
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• Wall St. slightly lower on energy drag, earnings

  25-04-2016 22:05 via news.yahoo.com
  
  NEW YORK (Reuters) - Energy shares dragged Wall Street slightly lower on Monday, coinciding with a decline in oil prices, while earnings and guidance from companies including Perrigo and Xerox also weighed on U.S. stocks.
  
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• Chipotle's troubles might help Panera as both serve up reports

  25-04-2016 21:58 via news.yahoo.com
  
  By Noel Randewich SAN FRANCISCO (Reuters) - Wall Street expects little from Chipotle Mexican Grill Inc's first-quarter results late on Tuesday as the burrito chain struggles to recover from a string of food-borne illness outbreaks. Shares of Chipotle have dropped 38 percent since August after norovirus and E.coli outbreaks at some of its outlets led to a plunge in sales for the company, which markets its food as healthier than rivals'. At least some customers steering clear of Chipotle appear to
  
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• Saudi reform plan pleases markets, doesn't reassure skeptics

  25-04-2016 21:28 via news.yahoo.com
  A sweeping economic reform plan announced by Saudi Arabia on Monday pleased the financial markets but fell short of convincing sceptics that the kingdom can prosper in an era of cheap oil. Deputy Crown Prince Mohammed bin Salman promised to invest Saudi petrodollars more aggressively, sell stakes in state firms such as oil giant Saudi Aramco, restructure ministries to make them efficient, modernize the education system and even give foreigners long-term residency rights. A 2.5 percent jump by th
  
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• Facebook developing camera app similar to Snapchat: WSJ

  25-04-2016 20:58 via news.yahoo.com
  
  (Reuters) - Facebook Inc is developing a stand-alone camera app, similar to disappearing photo app Snapchat, to increase user engagement, the Wall Street Journal reported, citing people familiar with the matter. The app, being developed by Facebook's "friend-sharing" team in London, is in its early stages and may never come to fruition, according to the report. (http://on.wsj.com/24fDRxN) The company is also planning a feature that allows a user to record video through the app to begin live
  
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• Saudi reform plan pleases markets, doesn't reassure sceptics

  25-04-2016 20:31 via news.yahoo.com
  
  By Andrew Torchia DUBAI (Reuters) - A sweeping economic reform plan announced by Saudi Arabia on Monday pleased the financial markets but fell short of convincing sceptics that the kingdom can prosper in an era of cheap oil. Deputy Crown Prince Mohammed bin Salman promised to invest Saudi petrodollars more aggressively, sell stakes in state firms such as oil giant Saudi Aramco, restructure ministries to make them efficient, modernise the education system and even give foreigners long-term reside
  
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• USD/JPY Retail Interest Wanes Ahead of Japan CPI Report, BoJ Meeting

  25-04-2016 20:15
  The retail FX crowd remains stuck on the wrong side ahead of the key event risk coming out of Japan, with open interest waning going into the end of the month.
  
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• Sector movers: Banks dip on eve of earnings season

  25-04-2016 19:32 via news.yahoo.com
  (ShareCast News) - Bank shares were mostly in the red on Monday ahead of a week in which most of the UK's big players are due to report first quarter earnings this week.
  
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• Global stocks fall with dollar, oil ahead of Fed, BOJ meetings

  25-04-2016 19:06 via news.yahoo.com
  
  Global stocks fell along with the dollar and oil prices on Monday as an unexpected drop in U.S. new home sales added to investor uncertainty over the economy's outlook ahead of central bank policy meetings in the United States and Japan this week. Wall Street moved lower, following stock markets in Asia and Europe which sank in early trading. "People are taking some profits and stocks are looking a little bit expensive at the moment, especially since there is no earnings growth," said Randy Fred
  
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• Wall Street dragged down by oil, lackluster earnings

  25-04-2016 19:00 via news.yahoo.com
  
  By Tanya Agrawal (Reuters) - Wall Street was lower on Monday as a drop in oil prices, lackluster quarterly earnings and an impending Federal Reserve meeting weighed on investor sentiment. The central bank's policymakers are expected to hold interest rates steady when they meet on Tuesday and Wednesday, but may tweak their description of the economic outlook to reflect more benign conditions. Oil prices fell more than 1 percent after traders cited reports of a supply buildup, interrupting the sto
  
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• ANALYST VIEW 2-Saudi Arabia's Vision 2030 reform plan

  25-04-2016 17:28 via news.yahoo.com
  Saudi Arabia's Deputy Crown Prince Mohammed bin Salman announced on Monday the Vision 2030 reform plan, a package of economic and social policies designed to free the kingdom from dependence on oil exports. ALI AL NASSER, FUND MANAGER AT LONDON-BASED DUET GROUP, WHICH HAS MORE THAN $1 BILLION INVESTED IN MIDDLE EAST AND NORTH AFRICAN STRATEGIES The question is now again about execution. In terms of the stock market's reaction - the market reacted positively to the interview and some of the headl
  
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• Wall St. dragged down by oil, lackluster earnings

  25-04-2016 17:26 via news.yahoo.com
  
  Oil prices fell about 1 percent after traders cited reports of a supply buildup, interrupting the stock market's long bull run. "We have run into technical resistance now that we're near the record high," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin, Texas. At 10:53 a.m. ET the Dow Jones industrial average was down 133.89 points, or 0.74 percent, at 17,869.86, the S&P 500 was down 12.8 points, or 0.61 percent, at 2,078.78 and the Nasdaq Comp
  
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• Tuesday preview: Standard Chartered begins bank earnings week

  25-04-2016 17:18 via news.yahoo.com
  (ShareCast News) - Standard Chartered will kick off the UK banking industry's latest earnings season with its first quarter results on Tuesday.
  
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• Fed will likely keep rates unchanged in face of global slump

  25-04-2016 17:02 via news.yahoo.com
  
  The U.S. job market is healthy. The stock market is up. Home prices are rising. Yet as the Federal Reserve prepares to meet this week, it seems in no mood to resume raising interest rates from ultra-lows. ...
  
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• MIDEAST STOCKS-Saudi surges as reforms announced, rest of Gulf weak

  25-04-2016 17:00 via news.yahoo.com
  * Economic reform plan creates positive buzz * Trading volume highest since last August * Bank shares are main beneficiaries * Dubai's Mashreq bank falls after posting weaker earnings * Industries Qatar drops on net profit fall By Celine Aswad DUBAI, April 25 (Reuters) - Saudi Arabia's stock market recovered from early losses and jumped 2.5 percent on Monday as Deputy Crown Prince Mohammed bin Salman announced an economic overhaul for the oil-dependent kingdom. ...
  
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• Largest Trend Following Silver Long Position Ever

  25-04-2016 16:48
  Trend followers (large speculators…hedge fund crowd) hold the largest net long position in silver ever. The trade is crowded. Read more about silver here.
  
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• USD/CHF: rebound from strong resistance level of 0.9775

  25-04-2016 16:43 via liteforex.com
  Forex analytics: Movement direction in the pair USD/CHF in April is similar to the movement in the pair USD/JPY.Since mid-April the pair USD/CHF has significantly strengthened and won back half of the losses of the previous month. On the daily chart the pair USD/CHF has closely approached resistance level of 0.9775 (ЕМА200). Today, on Monday the currency market is undergoing correction against Friday’s ...
  
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• USD/CHF: positions of SNB and US Fed remain different

  25-04-2016 16:27 via liteforex.com
  Forex analytics: Last Friday the USD significantly rose against major currencies. Expectations that the US Fed willincrease interest rates in June supported by the positive US macro-economic statistics. The USD alsogrow against the other currencies, including safe -haven currencies amid the positive news. Last Friday at the COMEX June futures for gold fell by 1.6%. The USD is growing against the Yen and ...
  
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• Wall Street opens lower as earnings continue to underwhelm

  25-04-2016 16:06 via rocketnews.com
  Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York April 12, 2016. REUTERS/Lucas JacksonMoreBy Tanya Agrawal
  REUTERS – U.S. stocks opened lower on Monday as corporate earnings continued to underwhelm and investors stayed away from risky assets a day before the start of the Federal Reserve’s two-day policy meeting.
  The central bank’s policymakers are expected to hold interest rates steady when they meet on Tuesday and Wednesday, b
  
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• Wall St. opens lower as earnings continue to underwhelm

  25-04-2016 16:05 via rocketnews.com
  A trader works on the floor of the New York Stock Exchange (NYSE) April 15, 2016. REUTERS/Brendan McDermidMoreBy Tanya Agrawal
  (Reuters) – U.S. stocks opened lower on Monday as corporate earnings continued to underwhelm and investors stayed away from risky assets a day before the start of the Federal Reserve’s two-day policy meeting.
  The central bank’s policymakers are expected to hold interest rates steady when they meet on Tuesday and Wednesday, but may tweak their descriptio
  
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• Greenback, Yen Primed for Volatility Ahead of Heavy Week of Data

  25-04-2016 15:39
  A heavy week of news is ahead for markets, and risk trends appear to be anxiously awaiting the oncoming swath of data: USD and JPY are primed to move.
  
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• Silver Prices Consolidate Following Last Week’s Wild Swings

  25-04-2016 13:58
  Following the sharp rise in silver prices over the last few weeks, traders have been less reluctant to push prices higher. This week could be crucial given that the FOMC Rate Decision is on tap.
  
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• Oil price sees volumes, earnings shrink at Sterling Energy

  25-04-2016 13:38 via news.yahoo.com
  (ShareCast News) - Sterling Energy was bearing the brunt of the oil glut in its first quarter, reporting much lower production and earnings in an interim management statement on Monday.
  
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• Philips likely to list lighting business on stock market

  25-04-2016 12:46 via news.yahoo.com
  By Toby Sterling AMSTERDAM (Reuters) - Philips said it was likely to list its lighting division on the stock market, creating a standalone company that would be the world's largest maker of lights. Investors have been awaiting guidance since the plans to spin-off the lighting division - valued at around 5 billion euros by analysts - were unveiled almost two years. Philips shares were down 5.6 percent at 1036 GMT, despite the group's first-quarter profit beating analysts' estimates.
  
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• USD/JPY: the level of 111.00

  25-04-2016 12:45 via liteforex.com
  Forex analytics: Since opening of the trading day the pair USD/JPY is undergoing downward correction against significant rise last week.The price has rebounded from the level of 111.95, which is crossed by ЕМА50 (on the daily chart).Fibonacci retracement 23.6% is above the level of 112.15. For 2.5 months the pair fell by over 1300 points from the level of 121.30to the record lows of 108.00 (ЕМА200 on ...
  
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• USD/JPY: In anticipation of the meeting of the Bank of Japan

  25-04-2016 12:37 via liteforex.com
  Forex analytics: Last Friday the pair USD/JPY rose by 2.0% up to 3-week highs at the level of 111.80. The rise in the pair was caused by expectations of the lowering in the interest rates bythe Bank of Japan this week, which will be the continuation of the policy of the negative interest rates of January. The increase in the pair last Friday was also triggered bythe closure of the long positions on the Yen ...
  
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• FTSE 100 Declines on Mining Firms

  25-04-2016 11:55
  The FTSE 100 (CFD: UK100) added to Friday’s decline with the start of the new trading week.
  
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• MIDEAST STOCKS-Gulf lower and Saudi stocks slip ahead of reform plan

  25-04-2016 10:58 via news.yahoo.com
  Gulf shares edged lower, giving up recent gains, while the Saudi market fell ahead of the expected announcement of a major reform plan later on Monday. Saudi Deputy Crown Prince Mohammed bin Salman is due to reveal his "Saudi Vision 2030", a plan to liberate the kingdom from its reliance on oil through steps such as a government efficiency campaign, a bigger private sector role, and more aggressive management of the kingdom's foreign assets. "Any knee-jerk reaction in the stock market may be sho
  
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• Asia markets slip as traders eye busy week

  25-04-2016 10:35 via news.yahoo.com
  
  Asian markets sank again Monday after losses on Wall Street and in Europe, with oil prices down and the yen recovering some of the losses suffered at the end of last week. Dealers moved cautiously at the start of a busy week that includes policy meetings at the US Federal Reserve and Bank of Japan as well as earnings reports from big-name firms including Sony and Nintendo. Among the firms dragged into the crisis are Japan's Nissan, France's Renault and Italy's Fiat.
  
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• The DAX 30 Trades Sideways Ahead of the IFO Business Survey

  25-04-2016 09:43
  Since Tuesday of last week, the DAX had been trading sideways. However, from a multi-week perspective, the bias was still bullish.
  
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• Monday newspaper round-up: Goldman, BHS, Barclays, EE

  25-04-2016 09:26 via news.yahoo.com
  (ShareCast News) - For almost 150 years Goldman Sachs has been the go-to bank of the rich and powerful. But now the Wall Street titan is opening up to the masses on Main Street by offering online savings ...
  
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• Asia stocks, dollar slip as markets await Fed, Bank of Japan meetings

  25-04-2016 08:37 via news.yahoo.com
  
  By Lisa Twaronite TOKYO (Reuters) - Asian shares and the dollar dropped on Monday as investors took profits from the currency's recent gains ahead of central bank meetings in the United States and Japan this week. Financial spreadbetters expected mixed openings for European markets, with FTSE 100 seen opening 0.1 percent lower, while both Germany's DAX and France's CAC 40 were seen opening 0.1 percent up. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 percent, taking its
  
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• Japanese Yen Rebounds After Suffering Largest Drop in 18 Months

  25-04-2016 08:31
  The Japanese Yen outperformed in overnight trade as prices attempted a recovery after suffering the largest one-day drop in 18 months last week.
  
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• Philips likely to seek IPO for lighting; first-quarter earnings beat expectations

  25-04-2016 07:27 via news.yahoo.com
  AMSTERDAM (Reuters) - Dutch medical equipment and services company Philips on Monday said it will likely seek an initial public offering of shares for its lighting division, which would be the world's largest lighting maker as a standalone company. Separately, the company published first-quarter earnings before interest, taxes and amortisation of 290 million euros (226 million pounds), beating an estimate of 257 million euros according to expectations of analysts polled by Reuters. (Reporting by
  
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• Asia stock markets slip as traders eye busy week

  25-04-2016 06:35 via news.yahoo.com
  
  Asian markets sank again on Monday after losses on Wall Street and in Europe, with oil prices down and the yen recovering some of the losses suffered at the end of last week. Dealers moved cautiously at the start of a busy week that includes policy meetings at the US Federal Reserve and Bank of Japan as well as earnings reports from big-name firms including Sony and Nintendo. Mitsubishi Motors dived almost four percent to extend its losses to a fourth session, having crashed more than 40 percent
  
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• Dalian Wanda Properties halts HK shares pending privatisation details

  25-04-2016 06:32 via news.yahoo.com
  Trading in shares of Dalian Wanda Commercial Properties Co, China's largest commercial developer, was suspended in Hong Kong on Monday. Wanda Commercial Properties is due to announce details of a privatisation plan, according to a company official, who declined to be identified ahead of a statement. Dalian Wanda Group, controlled by China's richest man, is taking its Hong Kong-listed unit private 15 months after its stock market debut.
  
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• EUR/GBP Technical Analysis: Looking to Sell at 0.78 Figure

  25-04-2016 05:26
  The Euro accelerated lower against the British Pound, putting in the largest daily loss in six months and exposing the 0.77 figure.
  
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• Asia stocks, dollar slip as markets await Fed, BOJ meetings

  25-04-2016 05:26 via rocketnews.com
  A man looks at an electronic board showing market indices outside a brokerage in Tokyo, Japan, March 2, 2016. REUTERS/Thomas Peter/FilesMoreBy Lisa Twaronite
  TOKYO (Reuters) – Asian shares dropped on Monday while the dollar slipped as investors took profits from the currency’s recent gains ahead of central bank meetings in the United States and Japan this week.
  MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.4 percent, taking its cue from a mixed day on Wa
  
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• NZD/USD Technical Analysis: Short Trade Triggered Above 0.68

  25-04-2016 04:45
  The New Zealand Dollar moved lower against its US counterpart as expected after putting in a bearish Dark Cloud Cover candlestick pattern.
  
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• Asia stocks, dollar edge lower as markets await Fed, BOJ meetings

  25-04-2016 02:39 via news.yahoo.com
  
  By Lisa Twaronite TOKYO (Reuters) - Asian shares and the dollar edged lower on Monday as investors awaited central bank meetings in the United States and Japan this week that are expected to hold clues to future policy moves. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent in early trading, taking its cue from a mixed day on Wall Street on Friday. Investors also locked in gains after the index soared to an 11-1/2 week high following a report the Bank of Japan will
  
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