Analyst news

• Wall Street puts finishing touch on best week since March

  27-05-2016 22:32 via news.yahoo.com
  
  Wall Street rose on Friday and capped off its strongest week since March after U.S. Federal Reserve Chair Janet Yellen said an interest-rate hike would likely be appropriate "in the coming months." Yellen's is the most important voice in a chorus of policymakers recently suggesting that the U.S. economy has improved enough to warrant tighter borrowing costs, with a growing number of investors now expecting a hike in June or July. "As we look at our place in the global economy, things just seem t
  
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• Wall St. rises, caps best week since March

  27-05-2016 22:05 via news.yahoo.com
  
  NEW YORK (Reuters) - Wall Street rose on Friday and capped off its strongest week since March after U.S. Federal Reserve Chair Janet Yellen said an interest-rate hike would likely be appropriate "in the coming months."
  
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• Wall Street rises; sees bright side of higher rates

  27-05-2016 21:11 via news.yahoo.com
  
  "As we look at our place in the global economy, things just seem to be improving to a point where it certainly looks likely that June or July will be the next launching point," said Paul Springmeyer, portfolio manager at the Private Client Reserve of U.S. Bank. After Yellen's speech, traders raised their expectations of a June rate hike to 34 percent from 30 percent, according to CME Group.
  
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• Yellen remark 'doesn't suggest' June hike - DoubleLine's Gundlach

  27-05-2016 20:28 via news.yahoo.com
  (Reuters) - Jeffrey Gundlach, the CEO of DoubleLine Capital, said Friday that Federal Reserve chair Janet Yellen's remarks that a rate hike would be appropriate in coming months "doesn't suggest" a hike in June. Wall Street trimmed gains in early afternoon trading on Friday after Yellen said it would likely be appropriate to raise rates "in the coming months." But Gundlach said he still believes Yellen was more dovish in her comments Friday than her Fed colleagues.
  
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• Wall St trims gains after Yellen remarks

  27-05-2016 20:06 via news.yahoo.com
  
  Wall Street trimmed gains in early afternoon trading on Friday after Federal Reserve Chair Janet Yellen said it would likely be appropriate to raise rates "in the coming months." Investors are looking for clues on the timing of the next rate hike from Yellen's speech, which comes after comments from several policymakers earlier this week that the U.S. economy has the capacity to absorb a rate hike. "The economy is continuing to improve ... growth looks to be picking up," Yellen said in remarks i
  
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• EUR/USD to Mount Near-Term Recover on Sticky CPI, Wait-and-See ECB

  27-05-2016 18:35
  More of the same from the ECB accompanied with signs of stronger inflation may prop up EUR/USD as market participants scale back bets for more easing.
  
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• Britain's FTSE posts biggest weekly gain since mid-April

  27-05-2016 18:31
  
  LONDON, May 27 (Reuters) - Britain's FTSE 100 ended slightly
  firmer on Friday, led higher by Royal Mail, with the
  blue-chip index posting its biggest weekly gain for six weeks.
  
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• 3 Effective Advanced Strategies for Options Trading

  27-05-2016 18:31 via rocketnews.com
  Binary options trading allows traders to manage risks more efficiently. In this type of trading, you will be either selling or buying the assets, by using the 2 options, CALL or PUT. The different strike prices will be limited to a fixed expiry timeframe, which is when the trade ends.
  This basic rule is used in binary options trading, where the traders can choose the money making opportunities, in accordance to their portfolio and risk sustaining capacity. You will typically get to see 3 kinds o
  
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• Consumer, health stocks lift Wall St ahead of Yellen

  27-05-2016 18:06 via news.yahoo.com
  
  Wall Street was higher in late morning trading on Friday, with the S&P 500 on track for its largest weekly gain since March, helped by gains in consumer discretionary and health stocks and ahead of a speech by Federal Reserve Chair Janet Yellen. Investors are looking for clues on the timing of the next rate hike from Yellen's speech, which comes after comments from several policymakers earlier this week that the U.S. economy has the capacity to absorb a rate hike. Yellen is due to speak at a
  
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• Consumer, health stocks lift Wall Street ahead of Yellen

  27-05-2016 17:46 via news.yahoo.com
  
  Investors are looking for clues on the timing of the next rate hike from Yellen's speech, which comes after comments from several policymakers earlier this week that the U.S. economy has the capacity to absorb a rate hike. Yellen is due to speak at an event hosted by Harvard University at 1:15 p.m. ET (1715 GMT).
  
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• USD/СAD: Wave analysis and forecast for 27.05 – 03.06

  27-05-2016 16:57 via liteforex.com
  Forex analytics:Estimated pivot point is at the level of 1.2767. Our opinion: Buy the pair from correction above the level of 1.2767 with the target of 1.3294. Alternative scenario: Breakdown and consolidation of the price below the level of 1.2767 will trigger further decline to 1.25 - 1.24. Analysis: Presumably, the formation of the upward correction continues in the wave B of the senior level. At ...
  
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• USD/JPY: Wave analysis and forecast for 27.05 – 03.06

  27-05-2016 16:54 via liteforex.com
  Forex analytics:Estimated pivot point is at the level of 110.57 Our opinion: Sell the pair from correction below the level of 110.57 with the target of 108.90 – 108.00. In case of breakout of the level of 110.57, buy with the target of 112.50. Alternative scenario: Breakout and consolidation of the price above the level of 110.57 will trigger the rise up to 112.50.Analysis: Presumably, the formation ...
  
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• USD/CHF: Wave analysis and forecast for 27.05 – 03.06

  27-05-2016 16:52 via liteforex.com
  Forex analytics:Estimated pivot point is at the level of 0.9762. Our opinion: Buy the pair from correction above the level of 0.9762 or after breakout of the level of with the target of 1.0070.Alternative scenario: Breakout and consolidation of the price below the level of 0.9762 will allow the pair to continue to decline to 0.96 – 0.95. Analysis: Presumably, the formation of the upward correction ...
  
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• GBP/USD: Wave analysis and forecast for 27.05 – 03.06

  27-05-2016 16:48 via liteforex.com
  Forex analytics:Estimated pivot point is at the level of 1.4738. Our opinion: Sell the pair from correction below the level of 1.4738 with the target of 1.4320 - 1.40.Alternative scenario: Breakout and consolidation of the price above the level of 1.4738 will enable the pair to continue the rise up to the level of 1.50.Analysis: Presumably, the formation of the upward correction has completed as the ...
  
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• EUR/USD: Wave analysis and forecast for 27.05 – 03.06

  27-05-2016 16:45 via liteforex.com
  Forex analytics:Estimated pivot point is at the level of 1.1247. Our opinion: Sell the pair from correction below the level of 1.1247 with the target of 1.1060. Alternative scenario: Breakout and consolidation of the price above the level of 1.1247 will allow the pair to continue the rise up to 1.1350 – 1.1375 as part of correction. Analysis:Presumably, downward correction of the senior level is being ...
  
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• Wall Street opens flat as Yellen's speech awaited

  27-05-2016 15:51 via news.yahoo.com
  
  Yellen is due to speak at an event hosted by Harvard University at 1:15 p.m. ET (1715 GMT). A rate hike in June was seen as highly unlikely until recently. "We're expecting a lot of major data in the next few weeks and Yellen will balance her comments keeping that in view," said Nadia Lovell, U.S. equity specialist at J.P. Morgan Private Bank in New York.
  
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• Wall St opens flat as Yellen's speech awaited

  27-05-2016 15:44 via news.yahoo.com
  
  Wall Street opened little changed on Friday as cautious investors braced for a speech by Federal Reserve Chair Janet Yellen for clues on the timing of a U.S. interest rate hike. Yellen is due to speak at an event hosted by Harvard University at 1:15 p.m. ET (1715 GMT). A rate hike in June was seen as highly unlikely until recently.
  
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• Analytical review of the stocks of Walt Disney Company as of 27.05.2016

  27-05-2016 15:25 via liteforex.com
  Forex analytics: The Walt Disney Company, #DIS [NYSE] Services, Entertainments, USA Financial performance of the company:Index – DJIA, S&P 500; Beta – 1.40; Capitalization – 151.56 В; Return on asset - 9.60%; Income - 8.38 B; Average volume – 10.31 М; P/E - 18.37; ATR – 2.67.Analytical review:The company ranks the first on capitalization in the sector of “Entertainments” ...
  
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• UPDATE 1-Bpost, PostNL shares suspended after postal merger report

  27-05-2016 15:04
  
  BRUSSELS/AMSTERDAM, May 27 (Reuters) - Shares in Belgian and
  Dutch mail operators Bpost and PostNL were
  suspended on Friday, pending announcements from both companies
  after reports of a possible...
  
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• Wall St set to open flat as Yellen's speech awaited

  27-05-2016 15:00 via news.yahoo.com
  
  Wall Street was set to open little changed on Friday as cautious investors braced for a speech by Federal Reserve Chair Janet Yellen for further clues on the timing of interest rate hikes. Yellen is due to speak at an event hosted by Harvard University at 1:15 p.m. ET (1715 GMT). A rate hike in June was seen as highly unlikely until recently.
  
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• Wall Street set to open flat as Yellen's speech awaited

  27-05-2016 14:59 via news.yahoo.com
  
  Yellen is due to speak at an event hosted by Harvard University at 1:15 p.m. ET (1715 GMT). A rate hike in June was seen as highly unlikely until recently. "We're expecting a lot of major data in the next few weeks and Yellen will balance her comments keeping that in view," said Nadia Lovell, U.S. equity specialist at J.P. Morgan Private Bank in New York.
  
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• UPDATE 2-French insurer AXA sells last UK life and savings business

  27-05-2016 14:37
  
  * AXA to book 400 mln euro loss on three UK sales this year(Adds Phoenix CEO comments, advisers, background)
  
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• CAC 40 Approaches Resistance Ahead of Yellen Speech

  27-05-2016 14:37
  The CAC 40 is trading near weekly highs this morning, but is stalling near resistance ahead of Janet Yellens Speech later today.
  
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• Brent: The price failed to consolidate above the level of 50.00. Technical analysis as of 27.05.2016

  27-05-2016 14:25 via liteforex.com
  Forex analytics: Review and dynamics The price of crude oil Brent failed to consolidate above psychologically important level of 50.00 and since the opening of today’s trading day oil price has declined.At the beginning of this month the price broke out resistance level of 46.20 (Fibonacci50% to the decline since June 2015 and the level of 65.30 to the lows of 2016 at the level of 27.05) and continued to rise ...
  
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• AUD/USD, EUR/USD Ride Daily 8-EMAs Ahead of GDP, Yellen

  27-05-2016 14:00
  With key events on the US calendar and a three-day weekend ahead, market risk is highest during the North American morning hours today.
  
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• Brent: the price of oil has returned below the level of 50.00. Fundamental analysis as of 27.05.2016

  27-05-2016 13:58 via liteforex.com
  Forex analytics: Due to sharp reduction of crude oil reserves in the USA, yesterday, the price of crude oil Brent has broken psychologically important level of $50.00 per barrel. According to the US department of Energy, oil reserves in the USA fell by 4.226 million barrels last week. The price has reached annual highs, but failed to consolidate above this level. The price of oil has been declining for the ...
  
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• China's central bank condemns foreign media reports on yuan

  27-05-2016 13:33 via news.yahoo.com
  
  China's central bank on Friday condemned two news reports from foreign media outlets published this week about currency reforms and monetary policy. The People's Bank of China (PBOC) said in a statement on its official Weibo account the reports "fabricated facts, misled readers, misled markets", and that it reserved the right to take legal action. The headlines appeared on articles published this week by the Wall Street Journal and Bloomberg.
  
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• Malaysian PM says police to investigate Wall Street Journal over leaked document

  27-05-2016 13:23 via news.yahoo.com
  
  Malaysian Prime Minister Najib Razak said on Friday the central bank governor has asked the police to investigate the Wall Street Journal for leaking a confidential document related to an inquiry into scandal-hit government fund. Publishing confidential documents under OSA (Official Secrets Act) is a very serious action on (their) part. Earlier on Friday, the Wall Street Journal published a copy of a letter said to be from Malaysia's central bank and addressed to Hasan Arifin, the chairman of a
  
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• UPDATE 2-ChemChina interested in Germany's SGL Carbon - Manager Magazin

  27-05-2016 13:07
  
  * Shares jump to four-month high(Adds details, background)
  
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• Malaysian PM says police report made against Wall Street Journal over leaked document

  27-05-2016 12:29 via news.yahoo.com
  
  Malaysian Prime Minister Najib Razak said on Friday that the central bank governor has made a police report against the Wall Street Journal to investigate the leak of a confidential document. Publishing confidential documents under OSA (Official Secrets Act) is a very serious action on (their) part," Najib told reporters at a press conference. Earlier on Friday, the Wall Street Journal released on their website a copy of a letter allegedly from Malaysia's central bank and addressed to Hasan Arif
  
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• UPDATE 2-Roche boosted by early trial success with blood cancer drug

  27-05-2016 12:09
  
  * Success will help Roche fend off biosimilar threat(Adds more details on early trial result)
  
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• Philips Lighting shines in stock market debut

  27-05-2016 12:07 via news.yahoo.com
  
  By Toby Sterling AMSTERDAM (Reuters) - Philips Lighting enjoyed a positive first day of trading as a newly independent company on Friday after its Dutch parent spun off the business upon which it was founded more than 120 years ago. Philips set an IPO price of 20 euros (15 pounds) Thursday night, implying a market capitalisation of 3 billion euros ($3.4 billion), or an enterprise value of 4.5 billion euros including debt.. The shares rose eight percent to 21.45 euros in early trading in Amsterda
  
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• UPDATE 1-Philips Lighting shines in stock market debut

  27-05-2016 12:01
  
  * Amsterdam attracting a series of new listings(Updates with quotes after news conference with new CEO)
  
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• USD/JPY: the pair is traded in the range of 109.40 – 110.20. Technical analysis as of 27.05.2016

  27-05-2016 11:10 via liteforex.com
  Forex analytics: Review and dynamics Since the beginning of this week the pair USD/JPY has traded in the range of 109.20 – 110.50. In the last two days the range has narrowed to the range of 109.40 (ЕМА200, ЕМА144 on 4-hour chart) -110. 20, (upper limit of the descending channel and ЕМА50 on the daily chart).Investors are waiting for the outcome of Mrs. Yellen’s speech today and the data on the US ...
  
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• Bidders Circle £7bn Credit Cards Giant MBNA

  27-05-2016 10:57 via news.yahoo.com
  
  MBNA, one of Britain's biggest credit card issuers, is being circled by potential buyers after being put up for sale by its US owner. Sky News has learnt that Bank of America (Swiss: BAC.SW - news) (BoA) has initiated plans for an auction of MBNA, which has a loan book of about £7bn - equivalent to roughly 11% of the UK credit card market. The sale comes more than four years after a previous sale attempt by BoA attracted a failed offer from Apollo Management, a private equity firm, and an
  
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• USD/JPY: in anticipation of Janet’ Yellen’s speech. Fundamental analysis as of 27/05/2016

  27-05-2016 10:38 via liteforex.com
  Forex analytics: Today, at 01:30, Japanese news was published. Following the release of the weak data on consumer price indices in Japan, the Yen declined in the pair with the USD. National consumer price index (CPI) in Japan declined in April by 0.3% on annual basis, consumer price index (CPI) in the region of Tokyo in May fell by 0.5% in annual terms. (GMT+2) .Although the Yen fell, Japanese stock market ...
  
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• Analytical review of the currency pair GBP/USD as of 27.05.2016

  27-05-2016 10:21 via liteforex.com
  Forex analytics: Technical data of the currency pair: Previous closing: 1.4671; Daily range: 1.4640-1.4739; Opening: 1.4671; 52- week range: 1.3833-1.5930;Annual revenue: -4.45%;Change in % for the previous day: -0.21. Analytical review:This week, the price of the Pound has grown by over 170 points against the USD. During ...
  
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• Philips Lighting makes bright start in stock market debut

  27-05-2016 10:15 via news.yahoo.com
  
  Shares in Philips Lighting rose 8 percent in their initial public offering on Friday, marking the beginning an independent company after 120 years in the Philips group. Philips set a listing price of 20 euros Thursday night, implying a market capitalisation of 3.0 billion euros (2.3 billion pounds), or an enterprise value of 4.5 billion euros including debt. "We want to be the lighting company for the Internet of things," said Philips Lighting Chief Executive Eric Rondolat.
  
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• Britain's FTSE set for biggest weekly gain since mid-April

  27-05-2016 10:06
  LONDON, May 27 (Reuters) - Britain's top share index was set
  for its biggest weekly gain for six weeks on Friday, trading
  flat and consolidating recent gains after a sharp rally to a
  one-month high.
  
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• Upward Revision to 1Q U.S. GDP to Hamper EUR/USD Rebound

  27-05-2016 10:00
  An upward revision in the 1Q U.S. GDP Report may derail the near-term rebound in EUR/USD as it fuels speculation for an imminent Fed rate-hike.
  
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• Nikkei 225 Technical Analysis: Short Term Levels Prevail

  27-05-2016 09:52
  The Nikkei 225 seems lacking in conviction as the index appears to be trading between well-defined short term technical levels
  
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• KCOM expects lower full-year core earnings as costs rise

  27-05-2016 09:31 via news.yahoo.com
  (Reuters) - KCOM Group Plc said on Friday it expected core earnings for the current financial year to be slightly lower than a year earlier, as the telecoms services provider ramps up investments in its Hull and East Yorkshire market to accelerate growth. Shares in KCOM, whose customers include chip maker ARM Holdings and Domino's Pizza Group, were down 2.7 percent at 103.18 pence in early trading on the London Stock Exchange. Hull-based KCOM said it expected capital expenditure to be more than
  
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• Crude Oil and Gold Prices May Fall on US GDP, Yellen Comments

  27-05-2016 08:20
  Crude oil and gold prices may decline as upgraded first-quarter US GDP figures and hawkish comments from Fed Chair Yellen fuel FOMC rate hike speculation.
  
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• Ex-Agung Podomoro chief held by Indonesia anti-corruption agency - company spokeswoman

  27-05-2016 08:09
  
  JAKARTA, May 27 (Reuters) - The former top executive of
  Indonesian property developer PT Agung Podomoro Land Tbk
  is in the custody of the Indonesia's anti-corruption
  agency pending an investigation...
  
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• US Dollar Gains as G7 Communique Bolsters Fed Rate Hike Bets

  27-05-2016 06:25
  The US Dollar rose after a moderately-worded G7 draft communiqué appeared to pave the way for a near-term interest rate hike from the Federal Reserve.
  
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• Asia stocks remain cautious ahead of Yellen speech

  27-05-2016 06:05 via news.yahoo.com
  
  Asia stocks tilted slightly upwards Friday but remained cautious ahead of a speech from the US central bank head and after a weak lead from Wall Street as oil pulled back below $50 a barrel. Comments from the Group of Seven leaders Friday morning stressed the importance of global economic growth while stating the potentially disastrous economic consequences of Britain's exit from the EU. Traders are sitting tight for clues about the prospects of an imminent US rate hike as Federal Reserve chair
  
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• REFILE-UPDATE 2-GameStop's forecast misses on fewer blockbuster launches

  27-05-2016 00:56
  
  May 26 (Reuters) - GameStop Corp, the world's
  largest retailer of video games, forecast lower-than-expected
  revenue and profit for the current quarter, blaming a lack of
  blockbuster game launches.
  
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