Analyst news

• Disney results miss Wall St as ESPN ad revenue dips

  10-05-2016 23:37 via news.yahoo.com
  
  By Lisa Richwine and Rishika Sadam (Reuters) - Walt Disney Co missed Wall Street earnings targets for the first time in at least two years as its sports network ESPN posted a drop in advertising revenue and subscriptions and its theme parks and consumer division also lagged expectations. Shares of the world's best-known entertainment company fell 4.5 percent in extended trading on Tuesday. ...
  
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• Disney results miss Wall Street as ESPN ad revenue dips

  10-05-2016 23:29 via news.yahoo.com
  
  By Lisa Richwine and Rishika Sadam (Reuters) - Walt Disney Co missed Wall Street earnings targets for the first time in at least two years as its sports network ESPN posted a drop in advertising revenue and subscriptions and its theme parks and consumer division also lagged expectations. Shares of the world's best-known entertainment company fell 4.5 percent in extended trading on Tuesday. ...
  
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• Amazon delivers S&P 500 its best day in two months

  10-05-2016 22:31 via news.yahoo.com
  
  Buoyed as well by higher global stock markets, Wall Street's gains appeared to breathe new life into a two-month rally that had petered out in mid-April, and left the S&P 500 with an increase of nearly 2 percent for 2016. Amazon jumped 3.43 percent to a record of $703.07, giving the biggest boost to the S&P 500 and the Nasdaq. Bernstein raised its price target on the stock to $1,000, the highest on Wall Street, saying it believes Amazon's margins will expand much faster than currently ex
  
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• S&P 500 has best day in two months; Amazon a boost

  10-05-2016 22:06 via news.yahoo.com
  
  NEW YORK (Reuters) - U.S. stocks ended sharply higher on Tuesday, with a rally in Amazon.com helping propel the S&P 500 to its best day in two months.
  
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• Amazon puts Wall Street on track for best day in a month

  10-05-2016 20:54 via news.yahoo.com
  
  Buoyed by rises in oil and global stock markets, Wall Street's gains appeared to breathe new life into a two-month rally that petered out in mid-April, and it left the S&P 500 with an increase of nearly 2 percent for 2016. Amazon jumped 3.2 percent to a record of $701.40, giving the biggest boost to the S&P and the Nasdaq. Bernstein raised its price target on the stock to $1,000, the highest on Wall Street, saying it believes Amazon's margins will expand much faster than currently expect
  
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• April’s $10,000 Monthly Challenge Winners

  10-05-2016 20:30
  FXCM and DailyFX are happy to announce our $10,000 Monthly Challenge winners for the month of April. Learn more about the contest here!
  
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• Wall Street on track for best one-day gain in a month

  10-05-2016 19:29 via news.yahoo.com
  
  Amazon jumped 3.2 percent to a record of $701.40, providing the biggest boost on the S&P and the Nasdaq. Bernstein raised its price target to $1,000, the highest on Wall Street, on the stock, saying it expects Amazon's margins to expand much faster than currently expected.
  
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• GBP/USD Bearish Sub-1.4588 Ahead of Upcoming Event Risk

  10-05-2016 19:02
  The weekly opening range has taken shape just below interim resistance with the immediate short-bias at risk. Here are the updated targets & invalidation levels that matter.
  
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• US Dollar Poised to Fall Further Until this Changes

  10-05-2016 19:00
  Retail trader data warns the US Dollar could fall to further lows versus the Euro and the Japanese Yen. But we see key warning signs which are difficult to ignore.
  
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• US Dollar Remains a Sell versus the Japanese Yen

  10-05-2016 18:55
  Retail FX traders remain net-long the US Dollar versus the Japanese Yen and have remained such with virtually no interruption through the past 12 months.
  
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• S&P 500 Likely to Hit Further Highs

  10-05-2016 18:55
  Retail traders remain aggressively short the SPX500, which tracks the US S&P 500, and a contrarian view of crowd sentiment suggests the S&P may trade higher.
  
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• Gold Price Forecast to Fall Through Near Term

  10-05-2016 18:55
  Retail FX traders have recently turned net-long Gold prices versus the US Dollar, and a contrarian view of crowd sentiment suggests XAU/USD may continue onto fresh near-term lows.
  
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• German DAX Risks to the Downside

  10-05-2016 18:55
  Retail CFD traders are net-long the GER30 contract, which tracks the German DAX equity index, and a contrarian view of crowd sentiment gives us a modestly bearish trading bias.
  
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• Euro Remains a Buy until this Changes

  10-05-2016 18:55
  Our retail FX trader data shows ‘the crowd’ remains steadily net-short the Euro versus the US Dollar, and a contrarian view of herd sentiment suggests the EUR/USD may yet reach further highs.
  
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• British Pound Likely to fall to Further Lows

  10-05-2016 18:55
  Retail FX traders are once again net-long the British Pound versus the US Dollar, and a contrarian view of crowd sentiment leaves us in favor of selling into weakness.
  
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• China’s Market News: A Grand Shift in China’s Economic Policies

  10-05-2016 18:48
  After the official newspaper of the ruling party published a 10,000 word commentary on China’s economy, Chinese media attempted to interpret key messages in the article.
  
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• NZD/USD Vulnerable to Dovish RBNZ; Sentiment Approaching Extreme

  10-05-2016 18:20
  NZD/USD stands at risk of facing further losses should the RBNZ show a greater willingness to implement additional rate-cuts in 2016.
  
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• EUR/USD Prices Range in Absence of News

  10-05-2016 15:50
  EUR/USD prices have continued to range this morning, as US Dollar pairs continue to seek direction.
  
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• Wall Street opens higher as oil prices rise

  10-05-2016 15:34 via rocketnews.com
  Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 9, 2016. REUTERS/Brendan McDermidMoreREUTERS – U.S. stocks opened higher on Tuesday, tracking global equities, as investors’ appetite for risk increased and as oil prices rose.
  The Dow Jones industrial average was up 73.21 points, or 0.41 percent, at 17,779.12, the S&P 500 was up 7.39 points, or 0.36 percent, at 2,066.08, and the Nasdaq Composite was up 19.81 points, or 0.42 percent, at 4,
  
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• Are USD/JPY, S&P 500 Ready to Reverse?

  10-05-2016 15:34
  The last week's strength in the US Dollar has brought on numerous interesting observations; key of which is the potential for turns in two major markets.
  
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• Wall Street set to open higher as oil prices rise

  10-05-2016 14:41 via news.yahoo.com
  
  Wall Street was poised to open higher on Tuesday, tracking global equities, as investors' appetite for risk increased and as oil prices rose. World stock markets also rose, helped by solid corporate earnings in Europe, progress on Greek debt talks, and a new pledge by Japan that it was prepared to weaken its currency. U.S. stocks broke a three-day losing streak to close higher on Friday after a disappointing U.S. jobs report suggested the Federal Reserve would raise rates just once this year.
  
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• Silver Prices Breach Lower End of Trading Range

  10-05-2016 14:11
  The break to the May 4 low of $17.15 has now left the short-term trend bearish below the April 6 high of $17.56.
  
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• Analytical review of the stocks of Caterpillar Inc. of 10.05.2016.

  10-05-2016 14:03 via liteforex.com
  Forex analytics: Caterpillar Inc., #CAT [NYSE]Industrial goods, Agricultural and construction machinery, 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:The company ranks the tenth on capitalization in the sector of ...
  
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• Brent: the price of oil has been declining since the beginning of the month. Technical analysis of 10.05.2016.

  10-05-2016 14:02 via liteforex.com
  Forex analytics: Review and dynamics Since the beginning of the month the price of oil is rapidly declining. The price has already reached the level below 46.20 (Fibonacci 50% to the decline since June 2015 and the level of 65.30 to the lows of 2016 at the level of 27.05).After pulling back from support level of 43.30 (ЕМА200 on 4-hour chart), the price consolidated near support level of 44.10 (ЕМА200 ...
  
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• USD/JPY Gains Continuing but Risk Decoupling - Blame China?

  10-05-2016 13:46
  The Japanese Yen is falling rapidly. Yet risk assets aren't responding as one might expect. There may be another force in play...
  
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• Stock futures rise helped by higher oil prices

  10-05-2016 13:30 via rocketnews.com
  Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 9, 2016. REUTERS/Brendan McDermidMoreBy Tanya Agrawal
  (Reuters) – U.S. stock index futures were higher on Tuesday, helped by a rise in oil prices as the raging wildfire in Canada hit supplies and temporarily eclipsed concern over high global inventories.
  * Oil prices were up more than 1 percent, driven by supply disruptions in Canada and elsewhere that have knocked out 2.5 million barrels of daily p
  
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• DAX 30 Adds To Its Weekly Gains

  10-05-2016 12:00
  DAX 30 adds to its weekly gains and the short-term trend is bullish above yesterday’s low.
  
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• Brent: it is expected that oil reserves in the USA will grow again. Fundamental analysis of 10.05.2016.

  10-05-2016 11:33 via liteforex.com
  Forex analytics: Although, due to the raging fires in Canada some oil companies have reduced oil production in the region by 654 000 barrels per day, which is over 25% of the total oil production in the country, oil prices has been declining since the beginning of this month. According to Genscape Inc., the growth in oil reserves in the US terminal Cushing was 1.4 million barrels last week.Tonight at 22:30 ...
  
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• USD/JPY: the pair has reached the first resistance level of 108.90. Technical analysis of 10.05.2016.

  10-05-2016 11:18 via liteforex.com
  Forex analytics: Review and dynamics Following the decision of the Bank of Japan to leave monetary policy unchanged, the pair USD/JPY fell by 2.6%, dropping by 300 points. In two days the pair fell by over 500 points, although since the beginning of this month the pair had grown.On Monday Japanese Finance Minister Taro Aso said that the Bank was prepared to carry out intervention to the financial market, which ...
  
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• USD/JPY: the Yen is rising after Japanese Finance Minister’s comments. Fundamental analysis of 10.05.2016.

  10-05-2016 11:11 via liteforex.com
  Forex analytics: The Yen continues to rise on Tuesday following Monday’s statement by Taro Aso, Minister of Finance of Japan, who has said that the Bank of Japan is ready to carry out intervention to the currency market, as rapid change in the exchange rate of the Yen is undesirable and recent rise in the Japanese currency is excessive.Japanese stock index Nikkei Stock Average has grown by 2.2% up to 16565.00 ...
  
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• FTSE 100 Remains Stable Above April Monthly Low

  10-05-2016 10:09
  Yesterday, the FTSE 100 snapped its downtrend as it stopped to create lower highs, a trend which had been in place since April 21.
  
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• Analytical review of the currency pair USD/CAD of 10.05.2016.

  10-05-2016 09:59 via liteforex.com
  Forex analytics: USD/CAD Technical data of the currency pair: Previous closing: 1.2963; Daily range: 1.2945-1.2978; Opening: 1.2963; 52- week range: 1.1916-1.4692;Annual revenue: +7.49%; Change in % for the previous day: +0.20; Analytical review:Last week the Canadian dollar fell by over 400 points against the USD. During ...
  
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• South Africa's rand recovers slightly, remains under pressure

  10-05-2016 09:43 via news.yahoo.com
  
  South Africa's rand steadied on Tuesday but remained near one- month lows as gloomy economic prospects continued to weigh on sentiment after the unemployment rate rose to a record high. On the stock market, the Top-40 futures index index was up 0.46 percent, indicating the bourse would open higher when trade resumes at 0700 GMT.
  
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• Yen Falls as Aussie Dollar Gains in Risk-On Trade, NZ Dollar Lags

  10-05-2016 09:32
  The Japanese Yen fell while the Australian Dollar traded higher amid a recovery in risk appetite. The New Zealand Dollar underperformed, hurt by a dovish shift in RBNZ bets.
  
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• AUD/USD Resumes Risk-On Rally After Chinese CPI

  10-05-2016 06:09
  The Australian Dollar temporarily paused its advance in risk-on trade to digest China’s April CPI figures before shortly resuming the move higher.
  
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• Euro-Group Makes Progress Towards Greek Accord, May 24 Next Deadline

  10-05-2016 05:07
  Euro Group finance ministers met Monday in Brussels to discuss the first review of the macroeconomic adjustment program to Greece.
  
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• Sarawak-based stocks make gains

  10-05-2016 05:04 via rocketnews.com
  KUALA LUMPUR: SOME Sarawak-based companies rallied on Bursa Malaysia yesterday, following Barisan Nasional’s (BN) convincing win in the state election on Saturday and despite the benchmark FTSE Bursa Malaysia KLCI closing 1.04 per cent, or 17.7 points, lower at 1,632.19.
  Analysts said Sarawak-based counters which did not perform yesterday were still expected to rally this week.
  BN’s win at the 11th Sarawak election helped spur the stock market and the ringgit in early trade yesterday
  
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• AUD/USD Technical Analysis: Aussie Drops to 2-Month Low

  10-05-2016 02:59
  The Australian Dollar continued to push lower against its US counterpart, with prices declining to the lowest level in two months.
  
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• Dollar firms, weaker yen boosts Nikkei

  10-05-2016 02:37 via rocketnews.com
  Pedestrians walk past an electronic stock quotation board outside a brokerage in Tokyo, Japan January 22, 2016. REUTERS/Toru HanaiMoreBy Lisa Twaronite
  TOKYO (Reuters) – Asian shares got off to a weak start on Tuesday, pressured by weaker crude oil prices, though Japanese shares got a tailwind as the dollar stood tall against the yen.
  MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was down 0.3 percent in early trading. Wall Street put in a mixed perf
  
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• Viacom board weighs further cuts in Redstone's pay - WSJ

  10-05-2016 02:29 via news.yahoo.com
  
  (Reuters) - Viacom Inc's board is considering whether to further cut the pay of its Chairman Emeritus Sumner Redstone, the Wall Street Journal reported, citing people familiar with the matter. Viacom and CBS Corp board members are also planning to visit Redstone, the chairman of the two companies, to investigate his competence for themselves, the newspaper reported. Viacom Inc had cut the total pay of its 92-year-old chairman Redstone by 85 percent to $2 million (1.4 million pounds) last year.
  
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• NZD/USD Technical Analysis: Sellers Take Aim at 0.67 Figure

  10-05-2016 02:00
  The New Zealand Dollar broke through trend line support defining the rising trend against its US counterpart since late January.
  
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• New lawsuit alleges paid informants, pricey escort at Redstone mansion

  10-05-2016 01:59
  
  LOS ANGELES, May 9 (Reuters) - Even as a Los Angeles judge
  dismissed one case brought by a former girlfriend of media mogul
  Sumner Redstone, she filed a new lawsuit that threatens to keep
  salacious...
  
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• UPDATE 3-Old Navy, Banana Republic weigh on Gap as sales slip yet again

  10-05-2016 00:48
  
  May 9 (Reuters) - Gap Inc reported a decline in
  sales for the fifth straight quarter due to weak demand for its
  Banana Republic andOld Navy brands as the retailer struggles
  to woo back shoppers it...
  
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• UPDATE 2-NewLink shares tumble as pancreatic cancer therapy fails

  10-05-2016 00:44
  
  May 9 (Reuters) - Shares of NewLink Genetics Corpplunged 37 percent in extended trading on Monday after the drug
  maker said its experimental pancreatic cancer immunotherapy did
  not help patients...
  
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• UPDATE 4-Lending Club CEO resigns after internal probe, shares plummet

  10-05-2016 00:17
  
  May 9 (Reuters/IFR) - Renaud Laplanche, founder and chief
  executive of online lender Lending Club Corp, resigned
  after an internal probe found that the company had knowingly
  sold an investor $22...
  
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