Analyst news

• US stocks fall on Fed rate talk as volatility picks up

  17-05-2016 23:47 via news.yahoo.com
  
  Wall Street stocks tumbled Tuesday, reversing the prior session's gains, as solid US economic data boosted the chances the Federal Reserve will move more quickly to hike interest rates.
  
  Read more

• China's Midea to make takeover offer for Germany's Kuka - sources

  17-05-2016 23:03 via news.yahoo.com
  
  Chinese home appliances maker Midea Group is close to making a takeover offer for German industrial robot maker Kuka AG , three sources familiar with the matter told Reuters on Tuesday. Midea Group raised its Kuka stake to a 10.2 percent February, saying at the time that it wanted to further raise its stake in Kuka. The Wall Street Journal was first to report that Midea is close to making an offer for around 114 euros a share, valuing Kuka at roughly 4.4 billion euros a share, citing people fami
  
  Read more

• Morgan Stanley CEO sticks by performance target in tough questioning

  17-05-2016 22:39 via news.yahoo.com
  
  By Olivia Oran PURCHASE, N.Y. (Reuters) - Morgan Stanley Chief Executive James Gorman on Tuesday stood by his intention to reach a key performance target after facing sharp questions from an analyst about whether he can achieve the goals he laid out. At the Wall Street bank's annual meeting, CLSA analyst Mike Mayo asked Gorman how confident he is that Morgan Stanley can get its return-on-equity up to a range of 9 to 11 percent by the end of 2017. One recently hung up the phone on him out of ange
  
  Read more

• Rate hike concern weighs on stocks; crude oil up

  17-05-2016 22:38 via news.yahoo.com
  
  By Rodrigo Campos NEW YORK (Reuters) - A global gauge of stocks fell on Tuesday, weighed down by Wall Street on concerns that strong U.S. inflation data could bring closer an expected rate hike from the Federal Reserve. The U.S. dollar, expected to strengthen if the Fed tightens monetary policy, was little changed. Crude oil futures touched multi-month highs.
  
  Read more

• Advertisement

• Rate hike concern weighs on global stocks; crude oil up

  17-05-2016 22:37 via news.yahoo.com
  
  By Rodrigo Campos NEW YORK (Reuters) - A global gauge of stocks fell on Tuesday, weighed down by Wall Street on concerns that strong U.S. inflation data could bring closer an expected rate hike from the Federal Reserve. The U.S. dollar, expected to strengthen if the Fed tightens monetary policy, was little changed. Crude oil futures touched multi-month highs.
  
  Read more

• Wall Street sells off amid Fed rate hike jitters

  17-05-2016 22:21 via news.yahoo.com
  
  Wall Street sold off on Tuesday as investors boosted their bets on the Federal Reserve raising rates later this year, while Home Depot dragged on indexes following its quarterly report. The data pointed to a steady inflation build-up that could give the Fed ammunition to raise interest rates later this year. Also on Tuesday, a Fed policymaker said he will push for an interest rate hike in June or July, and two others still see up to three rate increases this year, leaving the door open to a chan
  
  Read more

• WTI Crude Oil Price Forecast: Up, Up, And Away

  17-05-2016 21:50
  WTI Crude Oil (CFD: US Oil) Pushes Closer And Closer To The Previously Unfathomable, $50/bbl. Will Anything Stop It?
  
  Read more

• China’s Midea Group to make offer for Germany’s Kuka – WSJ

  17-05-2016 21:38 via rocketnews.com
  Robots covered in plastic sheets are seen at a plant of Kuka Robotics in Shanghai August 13, 2014. REUTERS/Pete SweeneyMoreFRANKFURT (Reuters) – Chinese home appliances maker Midea Group <000333.SZ> is close to making an offer for German industrial robot maker Kuka AG , the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
  The offer could become one of the largest unsolicited approaches of a foreign company by a Chinese buyer and could value Kuka at rou
  
  Read more

• Advertisement

• Wall Street sells off as rate hike expectations rise

  17-05-2016 20:53 via news.yahoo.com
  
  Wall Street sold off on Tuesday as investors boosted chances of an interest rate hike later this year after data pointed to firming inflation, while Home Depot weighed after its quarterly report. The data pointed to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year. Two Fed policymakers on Tuesday said the central bank could still raise interest rates two or three times this year.
  
  Read more

• Rate hike concern weighs on global stocks; oil rises

  17-05-2016 20:16 via news.yahoo.com
  
  By Rodrigo Campos NEW YORK (Reuters) - Stocks fell on Wall Street on Tuesday after strong U.S. inflation data increased the probability of a rate hike from the Federal Reserve, while a global gauge of stocks ticked lower. A more confident Fed is a Fed that is more likely to hike again this (northern) summer or fall," said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin. Traders now see the probability of a rate hike after the Fed's Novembe
  
  Read more

• Rate hike concern weighs on stocks; oil rises

  17-05-2016 20:01 via news.yahoo.com
  
  NEW YORK (Reuters) - Stocks fell on Wall Street on Tuesday after strong U.S. inflation data increased the probability of a rate hike from the Federal Reserve, while a global gauge of stocks ticked lower.
  
  Read more

• S&P cuts Icahn Enterprises rating to junk, outlook stable

  17-05-2016 19:28 via rocketnews.com
  Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermidMoreNEW YORK (Reuters) – U.S. ratings agency Standard & Poor’s on Tuesday cut the credit rating of billionaire investor Carl Icahn’s Icahn Enterprises to junk status after the portfolio absorbed declining investment values and higher leverage in the last few months.
  S&P dropped the long-term issuer credit rat
  
  Read more

• US open: Wall Street lower after slightly mixed data

  17-05-2016 19:00 via rocketnews.com
  LONDON (ShareCast) – (ShareCast News) – Wall Street was struggling following the release of slightly mixed readings on US industrial production and homebuilding. As of 16:38 BST the Dow Jones Industrial Average was 61.98 points or 0.34% lower to 17,648.11, alongside a fall of 5.57 points or 0.27% in the S&P 500 and a 9.65 point or 0.21% loss for the Nasdaq Composite.
  Industrial production sped ahead by 0.7% month-on-month in April (consensus: 0.3%), albeit flattered by a 5.8% jum
  
  Read more

• AUD/USD Rebound to Gather Momentum on Sticky Australia Wage Growth

  17-05-2016 18:57
  Stickiness in Australia household earnings may spark a larger recovery in AUD/USD as market participants scale back bets for another RBA rate-cut.
  
  Read more

• London stocks buck weak global trend on strong company news

  17-05-2016 18:39 via news.yahoo.com
  
  Stock markets in Europe weakened on Tuesday, led lower by Wall Street, but London won support from a raft of positive company results and oil price gains. Frankfurt and Paris stocks closed in the red, while London edged 0.3 percent higher in value. London's resources-heavy FTSE 100 was also buoyed by oil prices striking recent multi-month high points, pushing close to $50.
  
  Read more

• GBP/USD: UK Employment Game Plan- Constructive Above 1.44

  17-05-2016 18:31
  Sterling reversed off slope support, shifting our focus to the topside ahead of tomorrow’s event risk. Here are the updated targets & invalidation levels that matter.
  
  Read more

• China’s Market News: Commodities Rebound, Liquidity Drops

  17-05-2016 18:04
  The roller-coaster ride of Chinese commodities continued on Tuesday. At the same time, PBOC conducted open market operations for the second consecutive day.
  
  Read more

• Wall Street slips as strong data raises chances of rate hike

  17-05-2016 17:32 via news.yahoo.com
  
  The Labor Department said the Consumer Price Index increased 0.4 percent last month, the largest gain since February 2013, after rising 0.1 percent in March. "This morning the economic news was generally favorable suggesting that ... the U.S. economy has improved to levels warranting something other that crises-level rates," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in Minneapolis.
  
  Read more

• Global stocks weighed by U.S. Fed watch; oil rises

  17-05-2016 17:23 via news.yahoo.com
  
  By Rodrigo Campos NEW YORK (Reuters) - Stocks fell on Wall Street Tuesday after strong U.S. inflation data increased the probability of a rate hike from the Federal Reserve, while a global gauge of stocks cut its gains. The U.S. dollar lost ground against a basket of currencies. U.S. consumer prices recorded their biggest increase in more than three years in April, pointing to a steady inflation build-up.
  
  Read more

• Europe, US stocks mostly slip but London lifted by results, oil

  17-05-2016 16:31 via news.yahoo.com
  
  London (AFP) - Stocks markets in Europe weakened on Tuesday, led lower by Wall Street, but London won support from a raft of positive company results and oil price gains.
  
  Read more

• Analytical review of the stocks of Pfizer Inc. of 17.05.2016

  17-05-2016 16:02 via liteforex.com
  Forex analytics: Pfizer Inc., #PFE [NYSE] Health care, production of drugs, USAFinancial performance of the company:Index – DJIA, S&P 500; Beta – 0.90; Capitalization – 186.14 В; Return on asset – 5.70%; Income - 6.95 B; Average volume – 38.61 М; P/E - 27.12; ATR - 0.58.Analytical review: Since the beginning of February 2016 the rise in the company’s stock has exceeded ...
  
  Read more

• NZD/USD Prices Consolidate Post Inflation Data

  17-05-2016 16:00
  NZDU/USD prices have begun to range this morning, after a brief spike in price overnight on the RBNZ’s 2 Year Inflation Expectations.
  
  Read more

• Wall Street slips as solid data raises prospect of rate hike

  17-05-2016 15:56 via news.yahoo.com
  
  The Labor Department said the Consumer Price Index increased 0.4 percent last month, the largest gain since February 2013, after rising 0.1 percent in March. "We have the CPI which came in more than expected and that's going to put us again on Fed watch," said Peter Cardillo, chief market economist at First Standard Financial in New York.
  
  Read more

• Gold down after U.S. data, stock market recovery curbs investor interest

  17-05-2016 15:55 via news.yahoo.com
  By Clara Denina LONDON (Reuters) - Gold edged lower on Tuesday, after better-than-expected U.S. data and gains in European stock markets which reduced the appeal of the precious metal often perceived as a refuge from riskier assets. Spot gold fell 0.1 percent to $1,272.31 per ounce by 1340 GMT, while U.S. gold futures were also down 0.1 percent at $1,273.40. "There is a little profit taking in gold because the shares market is higher," Societe Generale analyst Robin Bhar said.
  
  Read more

• Wall St slips as solid data raises prospect of rate hike

  17-05-2016 15:53 via news.yahoo.com
  
  Wall Street opened lower on Tuesday as data showed U.S. consumer prices recorded their biggest increase in more than three years in April, raising the chances of an interest rate hike this year. The Labor Department said the Consumer Price Index increased 0.4 percent last month, the largest gain since February 2013, after rising 0.1 percent in March. "We have the CPI which came in more than expected and that's going to put us again on Fed watch," said Peter Cardillo, chief market economist at Fi
  
  Read more

• Wall Street set to open lower as investors assess data

  17-05-2016 15:06 via news.yahoo.com
  
  The Labor Department said the Consumer Price Index increased 0.4 percent last month, the largest gain since February 2013, after rising 0.1 percent in March. "We have the CPI which came in more than expected and that's going to put us again on Fed watch," said Peter Cardillo, chief market economist at First Standard Financial in New York.
  
  Read more

• Global stocks mostly higher as crude oil rises

  17-05-2016 14:27 via news.yahoo.com
  
  TOKYO (AP) — Global stocks mostly rose Tuesday as a jump in oil prices, a weaker yen and optimism on Wall Street helped to offset worries over China's growth.
  
  Read more

• Silver Prices Trade Sideways Ahead of U.S. CPI

  17-05-2016 13:59
  Silver prices were little changed at the time of writing and stayed firmly trapped between the April 25 low of $16.78 and the May 11 high of $17.56.
  
  Read more

• Stocks rally as Buffett bites into Apple, oil eyes $50

  17-05-2016 13:46 via rocketnews.com
  Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, May 13, 2016. REUTERS/Staff/RemoteMoreBy Jamie McGeever
  LONDON (Reuters) – World shares rose on Tuesday as technology giant Apple Inc’s biggest rise in over two months and oil’s march higher to near $50 a barrel boosted investor demand for riskier assets at the expense of safe-haven bonds.
  MSCI’s index of global shares rose 0.2 percent, putting it
  
  Read more

• If USD Wants ST Rebound to Become MT Trend, CPI Must Rise

  17-05-2016 13:45
  Time for the market to start resolving its dissonance with respect to the Fed's rate hike normalization path.
  
  Read more

• Global stocks rally as Buffett bites into Apple, oil eyes $50

  17-05-2016 13:26 via news.yahoo.com
  
  By Jamie McGeever LONDON (Reuters) - World shares rose on Tuesday as technology giant Apple Inc's biggest rise in over two months and oil's march higher to near $50 a barrel boosted investor demand for riskier assets at the expense of safe-haven bonds. Europe's major stock markets rose as much as 1 percent before easing back, following similar gains in Asia after Wall Street had also chalked up a 1 percent rise on Monday. The rally lost some steam, however, and U.S. stock futures pared earlier g
  
  Read more

• Basic-Fit plans Amsterdam IPO to bulk up in Europe

  17-05-2016 13:23 via rocketnews.com
  By Thomas Escritt
  AMSTERDAM (Reuters) – Dutch gym chain Basic-Fit, which has more than 1 million members across Europe, plans to list nearly half of its shares on the stock market in an initial public offering which could value the company at around 1 billion euros ($1.1 billion).
  Fifty two percent owned by British private equity firm 3i Group Plc, Basic-Fit would list “more than 25 percent and less than half” its shares, Chief Executive Rene Moos said.
  The income would be used
  
  Read more

• Vodafone says European recovery will hasten earnings growth

  17-05-2016 13:12 via news.yahoo.com
  
  By Paul Sandle LONDON (Reuters) - Vodafone said its recovery would accelerate this year after investment in faster networks boosted demand in Europe and helped the group return to underlying revenue and core earnings growth for the first time since 2008. Chief Executive Vittorio Colao said a strong year for the world's second mobile operator had been capped by a recovery in the final quarter in Europe, its largest region which has taken more than five years to nurse back to health. "We achieved
  
  Read more

• Asia report: Oil, Wall Street lead region higher

  17-05-2016 13:08 via news.yahoo.com
  (ShareCast News) - Most Asian markets advanced on Tuesday, following Wall Street's lead overnight and taking cues from rising oil prices.
  
  Read more

• Gold down as stock market recovery curbs investor interest

  17-05-2016 12:29 via news.yahoo.com
  By Clara Denina LONDON (Reuters) - Gold edged down on Tuesday partly in response to gains in global stock markets which reduced the appeal of the precious metal, often perceived as a refuge from riskier assets. Spot gold fell 0.3 percent to $1,270.31 per ounce by 1006 GMT, while U.S. gold futures were down 0.2 percent at $1,272.00. "There is a little of profit-taking in gold because the shares market is higher," Societe Generale analyst Robin Bhar said.
  
  Read more

• XAU/USD: the price is going to the lower limit of the ascending channel Technical analysis of 17.05.2016

  17-05-2016 12:14 via liteforex.com
  Forex analytics: Review and dynamics Since the beginning of this year the price of gold has grown by 24% from the level of 1048.00 USD per ounce amid uncertainty in the global financial market and slowdown of economic growth in the world.The rise in price was the highest over the past 30 years.The pair XAU/USD is now above important support level of 1257.00 (ЕМА200 on the weekly chart), remaining in the ...
  
  Read more

• Increased Risk-Appetite Leading DAX 30 Higher

  17-05-2016 12:03
  The DAX 30 was up by 1.56% at the time of writing from Friday's close price. All sectors were higher on the day, but Materials, Information Technology and Telecommunication Sectors were in the lead.
  
  Read more

• XAU/USD: The price of gold is going down today Fundamental analysis of 17.05.2016.

  17-05-2016 12:01 via liteforex.com
  Forex analytics: World stock indices are growing and investors’ risk appetite is growing as well. By the end of the session on Monday, Japanese stock index Nikkei Stock Average closed with the rise of 0.3%, Australian S&PASX200 rose by 0.6%, Chinese Shanghai Composite – by 0.8%. On Tuesday, at the end of the Asian session, Japanese stock index Nikkei Stock Average rose by 1.1%. European stock indices are ...
  
  Read more

• GBP/USD Trading Lower as UK Inflation Figures Miss Expectations

  17-05-2016 11:20
  The British Pound traded lower versus other major currencies after today's inflation data missed expectations, adding to an uncertain picture
  
  Read more

• Gold Prices May Break Familiar Range on US Inflation Data

  17-05-2016 11:14
  Gold prices may decline if US CPI data boosts Fed interest rate hike speculation, undermining demand for anti-fiat and non-interest-bearing assets.
  
  Read more

• USD/JPY: The price is moving to 110.20. Technical analysis of 17.05.2016

  17-05-2016 11:02 via liteforex.com
  Forex analytics: Review and dynamics Upward correction in the pair USD/JPY continues in the downtrend caused by the decision of the Bank of Japan at the end of April to leave monetary policy unchanged.Taking into account sharp rise in the Yen, Finance Minister of Japan Mr. Taro Aso said that the Bank of Japan is prepared to carry out interventions in the currency market.Upward correction in the pair USD/JPY ...
  
  Read more

• USD/JPY: the pair is growing. Fundamental analysis of 17.05.2016

  17-05-2016 10:48 via liteforex.com
  Forex analytics: Japanese stock market has been growing for the second consecutive session. This Monday, Nikkei Stock Average closed with the rise of 0.3%. Positive data on the US retail sales released last Friday has increased sentiments at the Asian markets. Japanese market was supported by strong performances of several Japanese companies. Shiseido shares have grown by 9.9%, shares of Sumitomo Electric ...
  
  Read more

• Analytical review of the currency pair AUD/USD of 17.05.2016

  17-05-2016 10:45 via liteforex.com
  Forex analytics: Technical data of the currency pair: Previous closing: 0.7289; Daily range: 0.7283-0.7367; Opening: 0.7289; 52- week range: 0.6824-0.8011;Annual revenue: -9.30%;Change in % for the previous day: +0.19. Analytical review:Since the end of April the Australian dollar fell by over 400 points against the USD. During ...
  
  Read more

• Global stocks mostly higher as crude oil rises, yen weakens

  17-05-2016 10:35 via news.yahoo.com
  
  Global shares were higher Tuesday, as a jump in oil prices, a weaker yen and optimism on Wall Street helped to offset worries over China's growth. KEEPING SCORE: France's CAC 40 added nearly 0.8 percent ...
  
  Read more

• Stocks rally as Buffett boosts Apple, oil eyes $50

  17-05-2016 10:16 via news.yahoo.com
  
  By Jamie McGeever LONDON (Reuters) - World shares rose on Tuesday as technology giant Apple Inc's biggest rise in over two months and oil's march higher to within sight of $50 a barrel boosted investor demand for riskier assets at the expense of safe-haven bonds. The major European stock markets rose around 1 percent in early trading, following similar gains in Asia after Wall Street also chalked up a 1 percent rise on Monday. Investors will be looking to see how long the rally is sustained for
  
  Read more

• Global stocks rally as Buffett boosts Apple, oil eyes $50

  17-05-2016 10:15 via news.yahoo.com
  
  By Jamie McGeever LONDON (Reuters) - World shares rose on Tuesday as technology giant Apple Inc's biggest rise in over two months and oil's march higher to within sight of $50 a barrel boosted investor demand for riskier assets at the expense of safe-haven bonds. The major European stock markets rose around 1 percent in early trading, following similar gains in Asia after Wall Street also chalked up a 1 percent rise on Monday. Investors will be looking to see how long the rally is sustained for
  
  Read more

• FTSE 100 Tests Upper End of Recent Trading Range

  17-05-2016 10:01
  The FTSE 100 was trading near the upper end of the 6054 to 6195 range as trading resumed on Tuesday and at the time of writing.
  
  Read more

• EUR/USD to Mount Larger Rebound on Slowing U.S. Core CPI

  17-05-2016 10:00
  A marked slowdown in the U.S. Core Consumer Price Index (CPI) may spur a larger rebound in EUR/USD as it drags on interest-rate expectations.
  
  Read more

• Nikkei 225 Technical Analysis: 16,500 level Proving Influential

  17-05-2016 08:53
  The Nikkei 225 is trading sideways as price seems to pivot around the 16,500 level in search for directional conviction
  
  Read more

• Vodafone reports underlying earnings growth after European recovery

  17-05-2016 08:44 via news.yahoo.com
  
  Vodafone said its earnings growth would accelerate this year after a programme to improve its networks boosted demand in Europe and helped the group to return to underlying growth in 2016 revenue and core earnings for the first time since 2008. The world's second-largest mobile phone operator reported full-year revenue of 41 billion pounds, up 2.3 percent on an underlying basis and broadly meeting market forecasts, reflecting a better performance in South Africa, Egypt and Turkey. The return to
  
  Read more

Follow @news_analyst on Twitter!