Analyst news

• US stocks hit another record; ARM deal lifts London

  18-07-2016 23:31 via news.yahoo.com
  
  European stocks mostly slipped but Wall Street pushed to fresh records Monday despite continued worries over Turkey after the failed military coup.
  
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• S&P, Dow close at record highs; oil falls

  18-07-2016 22:43 via rocketnews.com
  By Richard Leong
  NEW YORK (Reuters) – U.S. stock prices rose on Monday, with the Dow Jones Industrial Average and S&P 500 posting record closes amid upbeat company earnings, while oil fell on worries about growing supply and traders brushing off a failed coup in Turkey.
  As Turkish authorities sought to retaliate for a bid by a faction of the armed forces to seize power, traders pared safe-haven holdings of yen, gold and low-risk government bonds.
  “We’re now on to the next s
  
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• GLOBAL MARKETS-S&P, Dow close at record highs; oil falls

  18-07-2016 22:39 via rocketnews.com
  * S&P, Dow resume record-setting ways, Nasdaq (NasdaqGS: NDAQ – news) also rises
  * Oil prices fall over 1 pct on supply concerns
  * Safety trades unwound after Turkey coup bid crushed
  * SoftBank deal to buy ARM buoys U.S (Other OTC: UBGXF – news) ., European stocks (Updates with Wall Street closing levels)
  By Richard Leong
  NEW YORK, July 18 (Reuters) – U.S. stock prices rose on Monday, with the Dow Jones Industrial Average and S&P 500 posting record closes amid upbeat co
  
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• Stocks inch higher, send S&P 500 to another record

  18-07-2016 22:38 via news.yahoo.com
  
  NEW YORK (AP) — Stocks ticked higher Monday as investors looked past this weekend's failed coup attempt in Turkey and nudged the Standard & Poor's 500 index to another record.
  
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• Wall St. sets records again, led by tech, bank stocks

  18-07-2016 22:36 via news.yahoo.com
  
  Wall Street closed slightly higher on Monday to mint new record highs for the S&P 500 and the Dow industrials, fuelled by Bank of America's better-than-expected profit and a major tech sector acquisition. SoftBank's $32-billion deal to buy British chip designer ARM Holdings lifted U.S. chip stocks, and the technology sector led the way higher on the S&P 500. The tech-heavy Nasdaq rose more than the S&P and the Dow.
  
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• US STOCKS-Wall St sets records again, led by tech, bank stocks

  18-07-2016 22:29 via rocketnews.com
  * Dow, S&P hit new closing highs, while Nasdaq (NasdaqGS: NDAQ – news) leads gains
  * Bank of America (Swiss: BAC.SW – news) rises after profit beat
  * Chip stocks rise on SoftBank deal to buy ARM Holdings (LSE: ARM.L – news)
  * Indexes up: Dow 0.09 pct, S&P 0.24 pct, Nasdaq 0.52 pct (Updates with close of U.S (Other OTC: UBGXF – news) . market)
  By Lewis Krauskopf and Rodrigo Campos
  July 18 (Reuters) – Wall Street closed slightly higher on Monday to mint new re
  
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• Earnings, tech deal push S&P to record high

  18-07-2016 22:08 via news.yahoo.com
  
  NEW YORK (Reuters) - Wall Street closed slightly higher on Monday to mint new record highs for both the S&P 500 and the Dow industrials, fueled by Bank of America's better-than-expected profit and a major tech sector acquisition.
  
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• US STOCKS-Wall St on record track led by tech, bank stocks

  18-07-2016 21:09 via news.yahoo.com
  Wall Street rose on Monday as Bank of America's better-than-expected profit and a tech sector deal fed recent optimism about a stronger U.S. economy. SoftBank's $32-billion deal to buy British chip designer ...
  
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• GBP/USD Post-Brexit Rebound Eyes July High Ahead of UK CPI

  18-07-2016 21:04
  Sterling’s advance off the Brexit low is at risk heading into the UK inflation report tomorrow. Here are the updated targets & invalidation levels that matter.
  
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• Gold Prices Are Attempting to Carve Out Higher-Low Support

  18-07-2016 20:25
  Just a week after Gold prices set yet another new short-term high, price action has retraced and is attempting to carve out a base of support at a new higher-low.
  
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• China’s Market News: PBOC: Signs of a Liquidity Trap Emerge in China

  18-07-2016 19:24
  The market is awaiting the PBOC’s moves after both onshore and offshore Yuan broke key resistance levels. However, aggressive injections of cash will likely not be taking place as this exacerbates the increasing risk of a liquidity trap.
  
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• Wall Street inches up, but stays shy of record; oil drags

  18-07-2016 18:52 via news.yahoo.com
  
  SoftBank's $32 billion deal to buy British chip designer ARM Holdings lifted U.S. chip stocks, but that was pertly offset by a drop in energy stocks as oil prices dropped after the failed coup attempt in Turkey. Bank of America's report continued the momentum for U.S. banks kicked off by JPMorgan last week. The bank's shares rose 1.6 percent to $13.87, helping the S&P financial index gain 0.36 percent.
  
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• London, US shares up but global equities mixed

  18-07-2016 18:48 via news.yahoo.com
  
  European stocks mostly slid Monday after a failed coup in Turkey but a mega takeover of a British iPhone chip designer propped up London equities, while Wall Street also firmed slightly.
  
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• USD/JPY Carves Strongest Week Since October 2014

  18-07-2016 18:16
  USD/JPY finished last week up 423 pips which is the largest weekly gain since October 2014. There is a cluster of technical resistance is near 106.30-107.30.
  
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• COT-Another Record for Silver

  18-07-2016 18:14
  The latest COT data indicates that speculators increased their long silver position for a 5th consecutive week. The speculative long position is the largest on record while the commercial hedger short position is the largest on record.
  
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• GBP/USD Carves Inverse H&S Pattern Ahead of Key U.K. Data Prints

  18-07-2016 18:05
  GBP/USD may mount a larger rebound as the pair appears to be carving an inverse head-and-shoulders formation ahead of a slew of major U.K. data prints.
  
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• Webinar: USDOLLAR Threatens Breakout- Here are the Crosses to Watch

  18-07-2016 18:03
  Webinar highlighting featured setups we’re tracking on SB Trade Desk. Here are the updated targets & invalidation levels that matter this week.
  
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• Wall Street higher as BofA earnings bolster optimism

  18-07-2016 17:37 via news.yahoo.com
  
  Wall Street gained on Monday, with the Dow and the S&P 500 near record highs, as Bank of America's better-than-expected profit boosted optimism about U.S. corporate reports. Bank of America's report continued the momentum for U.S. banks kicked off by JPMorgan last week. The bank's shares rose 1.6 percent to $13.87, helping the S&P financial index gain 0.3 percent.
  
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• Wall St higher as BofA earnings bolster optimism

  18-07-2016 17:33 via news.yahoo.com
  
  Bank of America's report continued the momentum for U.S. banks kicked off by JPMorgan last week. The bank's shares rose 1.6 percent to $13.87, helping the S&P financial index gain 0.3 percent. "We're now on to the next shiny new object and that's earnings season," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.
  
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• Stock indexes drift higher in midday trading on Wall Street

  18-07-2016 17:33 via news.yahoo.com
  
  NEW YORK (AP) — U.S. stock indexes edged higher in midday trading Monday, holding at record levels, as investors looked past a failed military coup in Turkey. Technology stocks led the way.
  
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• European stock markets mostly drop after failed Turkey coup

  18-07-2016 16:48 via news.yahoo.com
  
  European stocks mostly fell and Wall Street opened flat Monday following a failed coup in Turkey at the weekend but shares in ARM surged after the computer chip designer's mega takeover by SoftBank.
  
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• MIDEAST STOCKS-Qatar, Dubai surge, rest of region restrained

  18-07-2016 16:33 via news.yahoo.com
  * Qatar breaks major technical resistance, volume balloons * Dubai sees highest volume in three months * Property shares surge after optimistic analysis * Saudi's Bahri climbs on fleet expansion drive * Egypt's Domty outperforms on investment plan By Andrew Torchia DUBAI, July 18 (Reuters) - Qatar's stock market surged as it broke major technical resistance and Dubai was boosted by real estate companies on Monday, while most Middle Eastern markets were held back by weak oil prices and uneven cor
  
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• XAU/USD: The pair is at support level of 1323.00 Technical analysis for 18.07.2016

  18-07-2016 16:13 via liteforex.com
  Forex analytics: Review and dynamics Although demand for gold increased afterThe terrorist attacks in France, at the closing session last Friday the price of gold dropped due to the rise in the USD.Since the opening session on Monday the price of gold is under pressure; support line for the pair XAU/USD is at the level of 1323.00 (Fibonacci 38.2%, ЕМА144 and the lower line of the ascending channel on ...
  
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• Wall Street flat as oil price drop offsets earnings momentum

  18-07-2016 16:12 via news.yahoo.com
  
  Wall Street was little changed on Monday, with the Dow and the S&P 500 trading near record highs, as a drop in oil prices offset the boost from mostly upbeat U.S. corporate earnings reports. After the S&P and Dow hit record intraday highs almost every day last week, investors will seek to justify stock valuations by assessing the quality of earnings and forecasts, especially in the backdrop of the Brexit vote. The bank's shares rose 1.4 percent to $13.86, helping the S&P financial in
  
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• Brexit widens chasm between Wall Street and Europe's investment banks

  18-07-2016 15:21 via news.yahoo.com
  
  By Anjuli Davies and Olivia Oran LONDON/NEW YORK (Reuters) - Market ructions caused by Britain's decision to leave the European Union are set to widen the gulf between Wall Street and European investment banks, potentially leaving the continent without its own global champion. The Brexit vote has pushed shares in Deutsche Bank and Credit Suisse to record lows and triggered a string of analyst downgrades, highlighting expectations that Europe's already-struggling investment banks will be pushed f
  
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• Euro Showing Divergent Price Action in EUR/USD, EUR/JPY

  18-07-2016 15:02
  With another European Central Bank meeting just around the corner on Thursday, the Euro is showing differeing tonalities against US Dollars and Japanese Yen.
  
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• Wall Street set for higher open on upbeat earnings

  18-07-2016 15:00 via news.yahoo.com
  
  Wall Street was set to open higher on Monday, setting the stage for the Dow and S&P 500 to hit fresh highs, as U.S. corporate reports continue to top expectations. With the S&P and Dow hitting record intraday highs almost every day last week, investors will assess the quality of second-quarter earnings to justify stock valuations. "The markets are going to be driven by earnings reports while geopolitical problems take a backseat for now," said Peter Cardillo, chief market economist at Fi
  
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• Analytical review of the stocks of American Express Company for 18.07.2016

  18-07-2016 14:59 via liteforex.com
  Forex analytics: American Express Company, #AXP [NYSE] Finance, Loan facilities, USA Financial performance of the company:Index – DJIA, S&P 500; Beta – 1.10;Capitalization – 53.13 В; Return on asset – 3.20%;Income – 5.06 В; Average volume – 7.78 М;P/E – 12.75; ATR – 1.65 Analytical review:The company ranks the third on capitalization in the sector of “Loan facilities” among ...
  
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• XAU/USD: the price is above the level of 1323.00. Fundamental analysis for 18.07.2016

  18-07-2016 14:47 via liteforex.com
  Forex analytics: Concerns about the state of the global economy after Brexit are gradually fading away. Investors’ risk appetite is increasing and they started to buy risky assets. Japanese Government recently announced introduction of the decisive measures to curb deflation in the country and prevent excessive rise in the Yen, which will include flexible fiscal policy and structural reforms. It is also ...
  
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• GBP/USD: the trend is likely continue until tomorrow. Technical analysis for 18.07.2016

  18-07-2016 14:33 via liteforex.com
  Forex analytics: Review and dynamics Despite the decision of the Bank of England to leave interest rates unchanged, at the level of 0.5%, fundamental background is in favor of the decline in the pair.However, on the hourly chart the price has broken out upward line of the channel at EMA200. The indicators OsMA and Stochastic give buy signals. On the hourly chart moving averages lines with the periods of 144 ...
  
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• Futures rise ahead of earnings rush

  18-07-2016 13:37 via news.yahoo.com
  
  U.S. stock index futures were slightly higher on Monday, coming off a record-setting week for Wall Street that followed robust economic data and strong earnings. * The U.S. stock market will be tested this week, when the onslaught of company earnings could help investors assess evidence of a second-half profit rebound. * Bank of America, the No.2 U.S. bank by assets, reported quarterly earnings that fell, but beat analysts expectations.
  
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• GBP/USD: is more monetary policy easing possible in August? Fundamental analysis for 18.07.2016

  18-07-2016 12:14 via liteforex.com
  Forex analytics: The decision of the Bank of England to keep interest rate at the current level of 0.5% astonished investors, as it was expected that the Bank of England would lower interest rate after the exit of the UK from the EU. In respond to this decision the pair GBP/USD went up by 330 points. Even despite following up comments that the majority of the committee expects more easing in August, at the ...
  
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• Weekly report for 18 - 24 July 2016

  18-07-2016 11:48 via liteforex.com
  Forex analytics: The Bank of England did not change monetary policy in the UK last week. The rate was left at the level of 0.5% and asset purchase program was also left unchanged at 375 billion pounds. Decision by the Bank of England surprised investors, as it was expected that the Bank of England would lower interest rate after the exit of the UK from the EU. The pound sharply went up after the decision of the ...
  
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• NZD/USD Levels To Watch Following New Zealand’s CPI Miss

  18-07-2016 11:32
  The NZD/USD traded lower to a key support area after a miss to CPI expectations, and a bounce higher might prove short-lived if risk trends shift
  
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• Global stocks higher on Wall Street gain, better China data

  18-07-2016 10:42 via news.yahoo.com
  
  BEIJING (AP) — Global stock markets were higher Monday after Wall Street gains and better Chinese economic data helped to defuse jitters over Turkey's failed coup.
  
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• Key equity indices buoyant on positive earnings' expectations

  18-07-2016 10:32 via rocketnews.com
  Mumbai, July 18 (IANS) Key Indian equity markets were on Monday buoyed by expectations of robust quarterly results and mixed global cues.
  The indices traded on a flat-to-positive note during the mid-afternoon trade session, with healthy buying witnessed in automobile, banking and capital goods stocks.
  The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,920.66 points, traded at 27,909.64 points (at 1.40 p.m.) — up 73.14 points or 0.26 per cent from the previous cl
  
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• Analytical review of the currency pair NZD/USD for 18.07.2016

  18-07-2016 10:20 via liteforex.com
  Forex analytics: Technical data of the currency pair:Previous closing: 0.7120; Daily range: 0.7069-0.7155;Opening: 0.7144; 52- week range: 0.6233-0.7329;Opening: +8.71%; Change in % for the previous day: -1.21Analytical review:​Last week the NZD fell by over 200 points against the USD. At the trading session last Friday the rally in the USD continued and the ...
  
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• Asian markets extend rally after US record

  18-07-2016 10:12 via news.yahoo.com
  
  Hong Kong (AFP) - Asian stock markets mostly rose again Monday following another record close on Wall Street, but gains were tempered by profit-taking following last week's global rally.
  
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• Survey Shows Italian Economic Forecasts Are Lower Across the Board

  18-07-2016 09:55
  Bloomberg's Monthly Survey signaled reduced forecasts for the Italian economy, Euro-Zone GDP lower as well
  
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• Sensex, Nifty rise on monsoon progress, corporate earnings

  18-07-2016 09:11 via news.yahoo.com
  
  Indian shares rose on Monday as solid earnings from market heavyweight Reliance Industries Ltd sparked hopes about corporate earnings, while sentiment was also buoyed by above-average monsoon rains. Reliance Industries on Friday posted first-quarter profit above expectations on higher margins from its core refining business, lifting the mood after software services exporter Infosys warned it wouldn't make its revenue target for the fiscal year. Above-average monsoon rains have been driving the m
  
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• USD/CNH Technical Analysis: Pair at Six-Month Highs

  18-07-2016 08:48
  The USD/CNH saw another attempt higher and broke the 6.7 big figure to post its highest price in six months, but can it hold?
  
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• Asian stocks mixed on Turkey coup attempt, better China data

  18-07-2016 07:33 via news.yahoo.com
  BEIJING (AP) — Asian stock markets were mostly higher Monday after Wall Street ended the week up, a Turkish military coup failed and China reported better economic data.
  
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• Nikkei 225 Technical Analysis: Index Indecisive at 16,500

  18-07-2016 07:09
  The Nikkei 225 is trading sideways in apparent indecisiveness at the 16,500 resistance which might imply weakness ahead
  
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• Yen Drops as Turkey Coup Fizzles, NZ Dollar Falls on RBNZ Bets

  18-07-2016 05:58
  The anti-risk Japanese Yen declined as risk appetite firmed amid news that a military coup in Turkey has fizzled. The Kiwi Dollar fell on growing RBNZ rate cut bets.
  
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• Brexit’s True Impact on Euro Will be Felt via the Italian Banking System

  18-07-2016 05:15
  European Union leaders have some tough decisions ahead of them with respect to saving the Italian banking system, and implicitly, preventing a European financial crisis on the scale of US-borne 2008 crisis.
  
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• Crude Oil Edges Lower as Turkey Supply Disruption Fears Recede

  18-07-2016 05:11
  Crude oil prices edged lower as fears of a supply disruption in Turkey receded after an attempted military coup over the weekend appeared to have failed.
  
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• New Zealand Dollar Sinks as CPI Data Misses Estimates

  18-07-2016 02:47
  The Kiwi Dollar sank against its US counterpart as worse-than-expected New Zealand inflation figures crossed the wires, fueling RBNZ interest rate cut speculation.
  
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