Analyst news

• Sterling gains, S&P 500 snaps five-day losing streak

  16-06-2016 23:51 via news.yahoo.com
  
  By Caroline Valetkevitch NEW YORK (Reuters) - Sterling rose versus the dollar and U.S. stocks broke a five-day losing streak on Thursday as campaigning for Britain's vote on whether to leave the European Union was temporarily suspended following the shooting death of a pro-EU British lawmaker. Oil prices fell for a sixth straight session on global economic worries. British Member of Parliament Jo Cox, who was shot dead in the street in her constituency in northern England earlier in the day, had
  
  Read more

• Webinar: SSI Strategy Walk-through with Historical SSI

  16-06-2016 22:27
  While there are numerous ways to generate trade ideas, most are based on the same premise of trying to predict the future merely by analyzing the past. And while this may be helpful, it's far from perfect. But traders can also incorporate positioning in the effort of getting more context behind those past events.
  
  Read more

• Wall Street rebounds, snaps five-day losing streak

  16-06-2016 22:25 via news.yahoo.com
  
  A British Member of Parliament was shot dead in the street in northern England, causing the temporary suspension of campaigning for next week's referendum on EU membership. The lawmaker, Jo Cox, had been a vocal supporter of Britain remaining in the European Union. The Dow Jones industrial average rose 92.93 points, or 0.53 percent, to 17,733.1, the S&P 500 gained 6.49 points, or 0.31 percent, to 2,077.99 and the Nasdaq Composite added 9.98 points, or 0.21 percent, to 4,844.92.
  
  Read more

• Gun shares, volatile after Orlando killing, rise ahead of Smith & Wesson report

  16-06-2016 21:44 via news.yahoo.com
  
  By Noel Randewich SAN FRANCISCO (Reuters) - Shares of firearm makers rose on Thursday ahead of Smith & Wesson Holding's quarterly report, following volatility this week after a shooting attack that killed 49 people at a gay nightclub in Orlando. In a familiar stock market reaction, Smith & Wesson and rival Sturm Ruger & Co spiked as much as 11 percent on Monday after the massacre on Sunday, the deadliest mass shooting in modern U.S. history. Ahead of Smith & Wesson's quarterly re
  
  Read more

• Advertisement

• May’s $10,000 Monthly Challenge Winners

  16-06-2016 21:30
  FXCM and DailyFX are happy to announce the winners of May’s $10,000 Monthly Challenge!
  
  Read more

• Wall Street erases losses as Brexit campaigning suspended

  16-06-2016 20:48 via news.yahoo.com
  
  Wall Street erased losses on Thursday as investors sought to digest the implications of a British lawmaker's death on the country's impending referendum to leave the European Union. The S&P 500 index edged higher after five straight sessions of losses, a day after the Federal Reserve left interest rates unchanged but signalled it still planned two hikes this year. A British member of Parliament was shot dead in the street in northern England, causing the temporary suspension of campaigning f
  
  Read more

• EUR/USD: Breach of Weekly High to Fuel Reversal From Monthly Open

  16-06-2016 20:47
  EUR/USD rebounded off key support today with a breach of the weekly high needed to validate the reversal. Here are the updated targets & invalidation levels that matter.
  
  Read more

• Brexit to hurt large U.S. banks' 2016 earnings by 1-6 percent: KBW

  16-06-2016 20:02 via news.yahoo.com
  
  (Reuters) - Earnings of large U.S. banks would be hit by 1-6 percent this year if Britons vote in favor of leaving the European Union next week, according to brokerage Keefe, Bruyette & Woods (KBW).
  
  Read more

• Advertisement

• S&P, Dow on track for longest losing streak since August

  16-06-2016 18:54 via news.yahoo.com
  
  The Fed kept short-term interest rates unchanged on Wednesday but said it continued to expect two rate hikes this year. Fed Chair Janet Yellen sounded caution that the central bank needed to see more clear signs of economic strength before lifting rates and threw some blame of her current stance on the June 23 Britain vote on its membership in the EU.
  
  Read more

• USD/JPY Trades to New 2016 Lows

  16-06-2016 18:30
  The USD/JPY has broken out to a new 2016 low as the Bank of Japan left its monetary policy unchanged.
  
  Read more

• USD/JPY Retail Sentiment Hits Extreme Following Wait-and-See BoJ

  16-06-2016 18:15
  USD/JPY may continue to grind lower over the days ahead as retail FX sentiment hits fresh extremes, while risk appetite largely deteriorates.
  
  Read more

• S&P, Dow poised for worst losing streak since August

  16-06-2016 17:47 via news.yahoo.com
  
  The S&P and the Dow were down for the sixth day, a streak unseen since August, as the Federal Reserve's comments about an economic slowdown and the prospect of Britain's possible exit from the European Union spooked investors. The Fed kept short-term interest rates unchanged on Wednesday but said it continued to expect two rate hikes this year. Fed Chair Janet Yellen sounded caution that the central bank needed to see more clear signs of economic strength before lifting rates and threw some
  
  Read more

• Wall Street treads lower on Fed warning, Brexit vote

  16-06-2016 16:05 via news.yahoo.com
  
  The Fed said it continued to expect two hikes this year but the consensus seemed shakier with six of the 17 policymakers projecting just one hike. Fed Chair Janet Yellen sounded caution that the central bank needed to see more clear signs of economic strength before lifting rates and threw some blame of her current stance on the June 23 Britain vote on its membership in the EU. The central bank also lowered its economic growth forecast for this year and the next to 2 percent from 2.1 percent.
  
  Read more

• Brexit Risk in Focus as BOE Holds Rates, Warns on Risks to Economy

  16-06-2016 16:05
  UK policy officials are honed in on next week’s UK-EU referendum.
  
  Read more

• Wall Street lower on Fed warning, Brexit vote

  16-06-2016 15:34 via news.yahoo.com
  
  (Reuters) - U.S. stocks opened lower on Thursday as the Federal Reserve's comments about the economy and the prospect of Britain's exit from the European Union spooked investors.
  
  Read more

• Trading in Volatile Market Conditions: Certain Strategies Fail

  16-06-2016 15:32
  If the markets enter into a period of heightened volatility, certain strategies and analysis are prone to failing. Learn why shifting strategies may help during extreme conditions.
  
  Read more

• Wall Street set to open lower on Fed warning, Brexit vote

  16-06-2016 15:25 via news.yahoo.com
  
  Wall Street was set to open lower on Thursday, a day after the Federal Reserve's warning about an economic slowdown added to concerns of Britain's possible exit from the European Union. The Fed said it continued to expect two hikes this year but the consensus seemed shakier with six of the 17 policymakers projecting just one hike. Fed Chair Janet Yellen sounded caution that the central bank needed to see more clear signs of economic strength before lifting rates and threw some blame of her curre
  
  Read more

• Price Action Setups after USD Dips, then Rips on FOMC, BOJ

  16-06-2016 15:00
  While there was little by way of fresh news from a batch of Central Bank announcements, risk aversion continues to show in multiple markets.
  
  Read more

• CAC 40 Trades Lower After Critical Breakout

  16-06-2016 14:40
  The CAC 40 is trading lower this morning, and is currently down -.77% on the day.
  
  Read more

• FOMC, BOJ Make One Thing Clear: Don’t Take Brexit Lightly

  16-06-2016 14:00
  Inaction by the Fed and the BOJ suggests they're concerned about losing their credibility should the UK vote to leave the EU.
  
  Read more

• XAU/USD: Positive dynamics has enhanced. Technical analysis as of 16.06.2016.

  16-06-2016 13:56 via liteforex.com
  Forex analytics: Review and dynamics Yesterday’ interest rate decision by the US Fed following up comments, which showed concerns about the state of the American and world economies, inactivity of the Bank of Japan and uncertainty about Bretix referendum on 23 July, cause the increase of volatility in the market and sharp rise safe-haven assets, such as gold and the Yen.The price of gold has been rising since ...
  
  Read more

• GBP/USD Unfazed as BoE Opts For Status Quo, EU Referendum Nears

  16-06-2016 13:47
  The British Pound was little changed versus the US Dollar after the BoE kept rates unchanged by a unanimous decision
  
  Read more

• European stocks, oil slide as growth fears add to Brexit pressure

  16-06-2016 13:34 via news.yahoo.com
  
  By Vikram Subhedar LONDON (Reuters) - European shares hit a four-month low on Thursday as banks dropped sharply, while oil prices headed for a sixth session of losses after the Bank of Japan refrained from further stimulus and the U.S. central bank struck a cautious note. U.S. stock index futures were down around 0.4 percent, indicating a lower Wall Street open. Sterling hit a two-month low against the euro, underscoring worries that Britain, the world's fifth-largest economy, will vote to quit
  
  Read more

• Trading in Volatile Market Conditions: Spreads

  16-06-2016 13:31
  During those times when market conditions are volatile due to an extreme or unprecedented event, bid/ask spreads may widen significantly. Learn more on how to manage this risk.
  
  Read more

• XAU/USD: the price has exceeded the level of 1300.00 USAD per troy ounce Fundamental analysis as of 16/06/2016.

  16-06-2016 11:55 via liteforex.com
  Forex analytics: Following the decision by the US Fed to leave interest rate unchanged on Wednesday, futures for gold sharply went up. This morning spot price of gold has broken psychologically important level of 1300.00 USD per ounce.Comments, following after the meeting, showed that the US Fed sticks to the soft policy. Executives of the US Fed downgraded forecast of the increase in the short-term interest ...
  
  Read more

• Nasdaq Composite: Short positions are preferable. Technical analysis as of 16.06.2016.

  16-06-2016 11:37 via liteforex.com
  Forex analytics: Review and dynamics Positive dynamics of the previous month, associated with the rise of the American stock indices and the USD, has reversed. It seems that the driver of the decline in the USD and stock indices was poor NFPR for May, released at the beginning of this month. Yesterday’s decision by the US Fed and the following up comments by Mrs. Yellen raised concerns of the market ...
  
  Read more

• Gold Price Tops May High, Crude Oil Breaks 4-Month Uptrend

  16-06-2016 11:04
  Gold prices pushed above May’s swing high to touch the strongest level since August 2014 while crude oil broke a four-month uptrend amid swelling “Brexit” fears.
  
  Read more

• EUR/USD Post FOMC Outlook With Euro-Zone and US CPI Data Ahead

  16-06-2016 10:39
  The EUR/USD is trading higher post FOMC but follow-through might prove limited on “Brexit” fears and CPI data ahead
  
  Read more

• Nasdaq Composite: negative dynamics continues. Fundamental analysis as of 16/06/2016.

  16-06-2016 10:31 via liteforex.com
  Forex analytics: As became known, on Wednesday, at the close of two-day meeting, the US Fed left monetary policy unchanged. It was unanimously decided to leave interest rate in the range of 0.25%-0.5%.In the following up comments the head of the US fed, Mrs. Janet Yellen expressed concern about forthcoming referendum of the UK membership in the EU. Steady but slow economic growth and low rate of inflation in ...
  
  Read more

• EUR/USD Risks Near-Term Pullback on Higher U.S. Core Inflation

  16-06-2016 10:00
  A pickup in the core rate of U.S. inflation may prop up the greenback and spur a near-term pullback in EUR/USD as it boosts interest-rate expectations.
  
  Read more

• USD/CHF Little Changed as SNB Opts For Status Quo, Brexit in Focus

  16-06-2016 09:44
  The Swiss Franc was little changed versus other major currencies after the SNB kept rates unchanged, as expected
  
  Read more

• Trading in Volatile Market Conditions: Price Gaps

  16-06-2016 09:32
  Current market themes are building an environment for potentially volatile market conditions where price gapping is susceptible. Learn more on how to manage this risk.
  
  Read more

• Currencies to Look Past BOE, SNB as Brexit Fears Sink Sentiment

  16-06-2016 09:19
  Currency markets are likely to look past SNB and BOE monetary policy announcements and US CPI data as “Brexit” fears continue to fuel market-wide risk aversion.
  
  Read more

• MIDEAST STOCKS-Gulf may remain soft on oil, global shares

  16-06-2016 07:48 via news.yahoo.com
  Stock markets in the Gulf look set to remain soft on Thursday after international bourses and oil markets slipped, partly because of fears that Britain might leave the European Union in next week's referendum. Brent oil futures are trading at $48.57 per barrel, down 0.8 percent from their last close, while MSCI's broadest index of Asia-Pacific shares outside Japan was last down 0.9 percent. On Wednesday, some investors in Saudi Arabia's stock market sold after index compiler MSCI's decision not
  
  Read more

• Japanese Yen Gains as Bank of Japan Leaves Policy Unchanged Again

  16-06-2016 07:10
  The Japanese Yen soared against its major peers while Nikkei 225 futures declined as the Bank of Japan left monetary policy at status quo.
  
  Read more

• PRESS DIGEST- Wall Street Journal - June 16

  16-06-2016 06:53 via news.yahoo.com
  The following are the top stories in the Wall Street Journal. - The U.S. Federal Reserve held short-term interest rates steady and officials lowered projections of how much they'll raise them in the coming years, reflecting concerns about persistently slow growth and low inflation.
  
  Read more

• Aussie Dollar Brushes Off Jobs Report, Follows Risk Trends Lower

  16-06-2016 05:19
  The Aussie Dollar initially saw a small reaction against its major peers after Australia’s jobs report crossed the wires, then following ASX 200 futures lower.
  
  Read more

• Noble Group shares fall after S&P rating downgrade

  16-06-2016 04:25 via news.yahoo.com
  
  Noble Group shares fell more than 2 percent on Thursday after Standard & Poor's cut the Singapore-based commodity trader's credit rating deeper into junk territory, to B+ from BB-, and assigned a negative outlook. Noble's bonds due 2020 were down an eighth of a point at 80.88/81.75 cents on the dollar. Rating downgrades forced Noble to sell some of its key assets to allay financing worries and weather the commodities downturn.
  
  Read more

• NZD/USD Jumps as GDP Beats Analyst Estimates

  16-06-2016 02:31
  The New Zealand Dollar spiked higher today after the country’s GDP figures crossed the wires and beat analyst expectations.
  
  Read more

• MSCI brush-off for China shares spells more pain for Hong Kong brokers

  16-06-2016 01:00 via news.yahoo.com
  Hong Kong stock brokers' year has gone from bad to worse after index provider MSCI decided not to add mainland Chinese shares to a benchmark indexed tracked by $1.5 trillion in global assets, dashing the hopes of a sector struggling with tumbling business. Average trading volumes on the Kong Kong stock exchange in the first five months of 2016 are down 43 percent on a year ago, and the stock market is down 30 percent, its worst performance since the global financial crisis.
  
  Read more

• Divided Wall Street sees just one Fed rate hike in 2016 - Reuters poll

  16-06-2016 00:21 via news.yahoo.com
  
  A small majority of Wall Street's top banks expect the Federal Reserve to raise interest rates no more than once this year, results of a Reuters poll showed Wednesday after the U.S. central bank left rates unchanged and cut its economic growth outlook. Eight of 16 respondents to a poll of so-called primary dealers said the Fed would likely raise its benchmark overnight lending rate once in the remaining months of 2016, while one said the Fed will not move rates at all. The survey of the dealers,
  
  Read more

• Trading in Volatile Market Conditions: Rollover

  16-06-2016 00:13
  When volatility spikes due to extreme or unprecedented events, rolls may fluctuate from day to day with both sides possibly being negative. Learn more on how to manage this risk.
  
  Read more

• Divided Wall Street sees just one Fed rate hike in 2016: poll

  16-06-2016 00:10 via news.yahoo.com
  A small majority of Wall Street's top banks expect the Federal Reserve to raise interest rates no more than once this year, results of a Reuters poll showed Wednesday after the U.S. central bank left rates unchanged and cut its economic growth outlook. Eight of 16 respondents to a poll of so-called primary dealers said the Fed would likely raise its benchmark overnight lending rate once in the remaining months of 2016, while one said the Fed will not move rates at all. The survey of the dealers,
  
  Read more

Follow @news_analyst on Twitter!