Analyst news

• Volkswagen, U.S. Justice Dept discuss settling criminal probe - sources

  15-08-2016 23:54 via news.yahoo.com
  
  By David Shepardson and Joel Schectman WASHINGTON (Reuters) - Volkswagen AG and the U.S. Justice Department have held preliminary settlement talks about resolving a criminal probe into the automaker's diesel emissions scandal, two sources briefed on the matter said. The Wall Street Journal reported on Monday that the fines could top $1.2 billion (931.97 million pounds). The pace of VW's internal investigation together with complications from separate civil suits filed in July by three U.S. state
  
  Read more

• SEC halts trading of Neuromama on "potentially manipulative" transactions

  15-08-2016 23:26
  
  Aug 15 (Reuters) - The U.S. Securities and Exchange
  Commission (SEC) said on Monday it had halted trading in shares
  of Neuromama Ltd because of certain concerns including
  "potentially manipulative"...
  
  Read more

• VW, U.S. Justice Dept discuss settling criminal probe - sources

  15-08-2016 23:09 via news.yahoo.com
  
  By David Shepardson and Joel Schectman WASHINGTON (Reuters) - Volkswagen AG and the U.S. Justice Department have held preliminary settlement talks about resolving a criminal probe into the automaker's diesel emissions scandal, two sources briefed on the matter said. Reuters reported in June that a criminal settlement could include a consent decree, an independent monitor overseeing the German automaker's conduct and significant yet-to-be determined fines for emissions violations. The Wall Street
  
  Read more

• AIG to sell unit to Arch Capital for $3.4 billion

  15-08-2016 22:56 via news.yahoo.com
  
  American International Group Inc said on Monday it would sell its mortgage-guaranty unit to Arch Capital Group Ltd for about $3.4 billion (2.64 billion pounds). AIG, the largest commercial insurer in the United States and Canada, said it would get $2.2 billion in cash, $250 million in Arch Capital's perpetual preferred stock and $975 million in non-voting common-equivalent preferred stock from the sale of United Guaranty Corp. The Wall Street Journal first reported AIG's deal with Bermuda-based
  
  Read more

• Advertisement

• Gold Prices Grind Sideways in a Triangle

  15-08-2016 22:49
  Gold prices have been consolidating in sideways fashion for the past month. Trend line and horizontal support appear near $1311-1320.
  
  Read more

• Wall Street ends at record highs; commodity shares climb

  15-08-2016 22:46 via news.yahoo.com
  
  Oil rose to five-week highs, driving the S&P 500 energy index up 0.6 percent, while other commodity-related shares also rose as the U.S. dollar eased. The S&P 500 materials index gained 1 percent.
  
  Read more

• VW, U.S. Justice Department hold criminal probe settlement talks – sources

  15-08-2016 22:38 via rocketnews.com
  
  A Volkswagen’s logo is seen at a dealership in Seoul, South Korea, August 2, 2016. REUTERS/Kim Hong-Ji
  MoreWASHINGTON (Reuters) – Volkswagen AG and the U.S. Justice Department have held preliminary settlement talks about resolving a criminal probe into the automaker’s diesel emissions scandal, two sources briefed on the matter said.
  Reuters reported in June that a criminal settlement could include a consent decree, an independent monitor overseeing the German automaker’s
  
  Read more

• Volkswagen, U.S. Justice Dept hold criminal probe settlement talks: sources

  15-08-2016 22:37 via rocketnews.com
  
  An American flag flies next to a Volkswagen car dealership in San Diego, California, U.S. September 23, 2015. REUTERS/Mike Blake/File Photo
  MoreWASHINGTON (Reuters) – Volkswagen AG and the U.S. Justice Department have held preliminary settlement talks about resolving a criminal probe into the automaker’s diesel emissions scandal, two sources briefed on the matter said.
  Reuters reported in June that a criminal settlement could include a consent decree, an independent monitor overseein
  
  Read more

• Advertisement

• Wall Street ends at record highs; energy, materials climb

  15-08-2016 22:36 via rocketnews.com
  
  By Caroline Valetkevitch
  (Reuters) – All three major U.S. stocks indexes ended at all-time highs on Monday, extending their record-setting climb of the past few weeks as the dollar’s weakness boosted commodity-related shares.
  Deal news also bolstered stocks. Shares of Xylem rose 3.9 percent to $50.32 after the water technology company said it would buy Sensus USA for about $1.7 billion in cash.
  Oil rose to five-week highs, driving the S&P 500 energy index <.SPNY> up 0.6 pe
  
  Read more

• VW, U.S. Justice Dept hold criminal probe settlement talks – sources

  15-08-2016 22:35 via rocketnews.com
  
  WASHINGTON (Reuters) – Volkswagen AG and the U.S. Justice Department have held preliminary settlement talks about resolving a criminal probe into the automaker’s diesel emissions scandal, two sources briefed on the matter said.
  Reuters reported in June that a criminal settlement could include a consent decree, an independent monitor overseeing the German automaker’s conduct and significant yet-to-be determined fines for emissions violations.
  The Wall Street Journal reported on
  
  Read more

• U.S. stocks hit record highs on easing central bank outlook, oil rise

  15-08-2016 22:34 via rocketnews.com
  
  By Dion Rabouin
  NEW YORK (Reuters) – Wall Street stocks closed at record highs on Monday, boosted by expectations for continued monetary policy easing around the globe and a jump in oil prices to nearly five-week highs on speculation top producers may be open to cutting output.
  The U.S. S&P 500, Dow and Nasdaq stock indexes all closed at all-time highs.
  A strong monthly jobs report on Aug. 5 boosted optimism about the U.S. economy, driving all three major indexes to close at record le
  
  Read more

• Dow, S&P 500, Nasdaq set fresh records as oil prices rise

  15-08-2016 22:18 via news.yahoo.com
  
  The Dow Jones Industrial Average rose 0.3 percent to 18,636,05, about 23 points above the record set Thursday. The broad-based S&P 500 gained 0.3 percent to 2,190.15, while the tech-rich Nasdaq Composite advanced 0.6 percent to 5,262.02.
  
  Read more

• China’s Market News: Growth May Stay Longer-Than-Expected in Bottom

  15-08-2016 22:04
  People’s Daily News gave out a more detailed time frame for China’s L-shaped growth. The PBOC denied that a liquidity trap is seen in China.
  
  Read more

• China’s Market News: Definition for ’L-Shaped Growth’ Expectations

  15-08-2016 22:04
  People’s Daily News gave out a more detailed time frame for China’s L-shaped growth. The PBOC denied that a liquidity trap is seen in China.
  
  Read more

• Billionaire investors turn bearish as U.S. stocks hit record highs

  15-08-2016 21:32 via news.yahoo.com
  
  By David Randall NEW YORK (Reuters) - A number of big-name hedge fund investors soured on U.S. stocks in the second quarter and moved to gold and other bearish bets, failing to anticipate the stock market rally in the current quarter. George Soros, Jeffrey Gundlach and David Tepper were among the billionaire hedge fund investors and money managers who slashed their long equity positions in the second quarter, according to regulatory filings. Gundlach, who oversees more than $100 billion at Doubl
  
  Read more

• U.S. stocks hit record highs on easing central bank outlook, oil upturn

  15-08-2016 20:41 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Wall Street stocks rose to record highs on Monday, boosted by expectations for continued monetary policy easing around the globe and a jump in oil prices on speculation the world's top producers may be open to cutting output. The U.S. S&P 500, Dow and Nasdaq stock indexes all hit all-time intraday highs. A strong monthly jobs report on Aug. 5 boosted optimism about the U.S. economy, driving all three major indexes to close at record levels last Thursday f
  
  Read more

• GBP Coming off the Rails but Beware another Record Short Position

  15-08-2016 20:26
  19th century cotton speculator Dickson Watts said ‘go cautiously with the crowd and boldly against.’ Those words are appropriate given the record speculative short position in the British Pound.
  
  Read more

• AIG nearing deal to sell unit to Arch Capital for $3.4 billion: WSJ

  15-08-2016 19:25 via news.yahoo.com
  
  (Reuters) - American International Group Inc is nearing a deal to sell its mortgage-guaranty unit to Arch Capital Group Ltd for about $3.4 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. The companies could strike a deal as soon as early this week, the Journal reported, although it added that the talks could still fall apart. AIG said in January it would spin off its mortgage insurance unit, cut jobs and sell its broker-dealer network as part of a swe
  
  Read more

• AUD/USD to Stage Larger Recovery on Wait-and-See RBA

  15-08-2016 19:20
  With FX sentiment approach 2016-extremes ahead of the RBA Minutes, AUD/USD stands at a risk for a further advance should the central bank endorse a wait-and-see approach.
  
  Read more

• EUR/USD: Respect this Slope Ahead of Upcoming Data- SSI Points Higher

  15-08-2016 18:49
  EURUSD continues to respect a near-term slope, keeping the focus higher ahead of US Data. Here are the updated targets & invalidation levels that matter into the release.
  
  Read more

• Wall Street hits new record highs

  15-08-2016 18:30 via news.yahoo.com
  
  London (AFP) - US stocks climbed back into record territory Monday as rising oil prices boosted petroleum-linked equities while European markets were little changed.
  
  Read more

• USD/CAD Technical Analysis: Macro Now Favoring a Breakdown?

  15-08-2016 18:12
  USD/CAD Has Begun To Turn Lower. Given the Macro Environment There May Be A Path Forming For a Breakdown.
  
  Read more

• Stocks hit record highs on oil rise, easing central bank outlook

  15-08-2016 17:57 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Wall Street stocks rose to record highs on Monday, boosted by expectations for continued monetary policy easing around the globe and a jolt in oil prices, which jumped on speculation the world's top producers may be open to a production cut. The dollar index , which tracks the greenback against six major world rivals, fell 0.2 percent to 95.521.
  
  Read more

• Webinar: USD Crosses in Focus- Levels to Know Ahead of CPI

  15-08-2016 17:08
  Webinar highlighting featured setups we’re tracking on SB Trade Desk. Here are the updated targets & invalidation levels that matter this week.
  
  Read more

• Hedge fund Kerrisdale's Adrangi arrested for DUI: police

  15-08-2016 16:17 via news.yahoo.com
  
  Hedge fund manager Sahm Adrangi, who has a large following on Wall Street after making a number of public bets against telecom companies, was arrested for impaired driving after crashing his car in the Hamptons during the weekend, police said on Monday. Adrangi, 35, was charged with driving under the influence, East Hampton police said. Police found cocaine in Adrangi's car.
  
  Read more

• WTI Crude Oil Price Forecast: Strong Bounce Looks Constructive

  15-08-2016 16:04
  WTI Crude Oil (CFD: US Oil) Rallies On Further Talks of a Production Freeze And Currencies Back The Move.
  
  Read more

• S&P, Nasdaq hit record high as oil prices rise

  15-08-2016 15:36 via news.yahoo.com
  
  (Reuters) - The S&P 500 index and the Nasdaq hit record highs on Monday, adding to their recent record-setting rally, as oil prices rose to their highest in a month. The Dow Jones industrial average was up 57.42 points, or 0.31 percent, at 18,633.89, the S&P 500 was up 4.52 points, or 0.21 percent, at 2,188.57 and the Nasdaq composite was up 9.56 points, or 0.18 percent, at 5,242.46.
  
  Read more

• Will CPI, FOMC Minutes Provide Direction to a Meandering US Dollar?

  15-08-2016 15:30
  The U.S. Dollar has continued to consolidate but with inflation numbers on Tuesday and FOMC Minutes on Wednesday, markets may finally find some U.S. Dollar trends.
  
  Read more

• Analytical review of the stocks of Verizon Communications Inc. for 15.08.2016

  15-08-2016 15:21 via liteforex.com
  Forex analytics: Verizon Communications Inc., #VZ [NYSE] Technologies, Telecommunication, USAFinancial performance of the company: Index – DJIA, S&P 500; Beta – 0.20; Capitalization – 213.22 В; Return on asset – 7.40%;Income - 17.88 B; Average volume – 17.79 М;P/E - 11.95; ATR – 0.81. Analytical review: ​The company ranks the second on capitalization in the sector ...
  
  Read more

• China shares hit 7-mth high; world yields keep falling

  15-08-2016 15:04 via news.yahoo.com
  
  By Marc Jones LONDON (Reuters) - World shares set up camp at one-year peaks on Monday as a rally in Chinese stocks helped offset news that Japan's economic growth had ground to a halt in the last quarter, while oil prices extended their latest rally. Wall Street looked set to add fractionally to last week's string of all-time highs [.N] while London, Frankfurt and Paris were up 0.2-0.4 percent as healthcare and energy stocks kept them buoyant in Europe. "Luckily we went quite long of risk after
  
  Read more

• Wall Street set to open slightly higher as oil rises

  15-08-2016 15:01 via news.yahoo.com
  
  U.S. stocks were set to open slightly higher on Monday as oil prices rose and investors assessed the recent record-setting rally in the past weeks. Oil prices fluctuated in choppy trading, but remained around the $47 mark as speculation intensified that oil producers may try to work out ways to support prices in an oversupplied market. Wall Street closed little changed on Friday as weak retail-sales numbers dampened the prospects of economic expansion, even as the Nasdaq inched up to a fresh rec
  
  Read more

• NQ100: the rise in the index continues. Technical analysis for 15.08.2016

  15-08-2016 14:25 via liteforex.com
  Forex analytics: Review and dynamics After the sharp decline in world stock indices at the end of June caused by Brexit, the index NASDAQ100 has steady grown in July. In August, the rise in the index continues. Today, the price has reached the new highs at the level of 4820.0, exceeding the highs of 2015 by 80 points, or 2%. Our opinion On the daily chart, Stochastic has been in the overbought zone since the ...
  
  Read more

• Pakistan shares post record closing high; rupee falls, o/n rates rise

  15-08-2016 14:15
  
  KARACHI, Aug 15 (Reuters) - Pakistan shares closed above the
  40,000 mark for the first time on Monday, led by gains in oil
  stocks on the back of firm crude prices, dealers said.
  
  Read more

• China shares hit seven-month high; world yields keep falling

  15-08-2016 14:13 via news.yahoo.com
  
  By Marc Jones LONDON (Reuters) - World shares set up camp at one-year peaks on Monday as a rally in Chinese stocks helped offset news that Japan's economic growth had ground to a halt in the last quarter, while oil prices extended their latest rally. Wall Street looked set to add fractionally to last week's string of all-time highs [.N] while London , Frankfurt and Paris were up 0.2-0.4 percent as healthcare and energy stocks kept them buoyant in Europe. "Luckily we went quite long of risk after
  
  Read more

• USDOLLAR Index Looks to CPI, FOMC Minutes to Break Range

  15-08-2016 14:00
  A quiet calendar today gives way to isolated yet significant instances of event risk over the next two days.
  
  Read more

• EUR/USD Targets Resistance at 1.1182

  15-08-2016 13:28
  The EUR/USD is moving towards resistance at 1.1182, after spking as much as 90 pips in Friday's trading.
  
  Read more

• NQ100: Indices are likely to grow. Fundamental analysis for 15.08.2016

  15-08-2016 13:27 via liteforex.com
  Forex analytics: Last week, American stock indices went up: on Thursday, all three indices, DJIA, D&P500, Nasdaq have reached the record levels within one day. S&P500 closed at the record highs for the ninth time this year, and the DJIA – for the eighth time. Last Friday, the index Nasdaq Composite grew by 4.5 points, gaining 0.2% for the week and reaching the level of 5232.00. Closing price of Nasdaq Composite ...
  
  Read more

• Brent: Breakout of the resistance level of 46.20 Technical analysis for 15.08.2016

  15-08-2016 12:01 via liteforex.com
  Forex analytics: Review and dynamics At the beginning of August the price of crude oil Brent rebounded from the support level of 41.70 (Fibonacci 38.2% to the decline from $65.30 to the lows of 2016 at the level of 27.05) and corrected to the resistance level of 45.65 (ЕМА200 on the daily chart).Last Friday, the USD fell sharply on the weak data on retail trade. However, at the end of the trading day the ...
  
  Read more

• AUD/USD Short Term Outlook Ahead of RBA Minutes, Low Volatility

  15-08-2016 11:49
  The AUD/USD is finding support below 0.7650 after some bearish signs, as we look ahead for the RBA minutes amidst a low volatility environment
  
  Read more

• Brent: Oil prices continue to grow. Fundamental analysis for 15.08.2016

  15-08-2016 11:41 via liteforex.com
  Forex analytics: After last week’s statement by the Saudi Arabia Minister of Energy Khalid al-falikha that the country could introduce measures to stabilize oil market, this Monday, oil prices continue to grow. An informal meeting of OPEC, which includes 14 countries, is scheduled for the end of September. The September futures for crude oil WTI at NYMEX went up by 39 cents, and traded at the level of ...
  
  Read more

• Weekly review for 15 to 21 August 2016. A lot of important economic news is scheduled for this week

  15-08-2016 11:08 via liteforex.com
  Forex analytics: Due to the rise in oil prices last week, commodity currencies such as Canadian, Australian and New Zealand’s dollars have grown. The RBNZ had lowered interest rate by 0.25% to 2.0% and indicated that further monetary easing in the country is possible. In response to this decision statement, the NZD sharply rose in the market. However, by the end of last week New Zealand’s currency lost its ...
  
  Read more

• Clarksons blames 'challenging environment' for earnings drop

  15-08-2016 09:57 via news.yahoo.com
  
  London-based shipping firm Clarksons has reported a 7.6% year-on-year drop in profits for the first six months of the year and has warned that it is facing "challenging market conditions". Clarksons described its interim performance as "robust... despite continued challenging market conditions". Its share price opened more than 7% higher in London.
  
  Read more

• Analytical review of the currency pair USD/JPY for 15.08.2016

  15-08-2016 09:57 via liteforex.com
  Forex analytics: Technical data of the currency pair:Previous closing: 101.27; Daily rang: 101.09-101.45;Opening: 101.16; 52-week range: 99.08-124.64;Annual income: -18.43%; Change in % for the previous day: -0.63.Analytical review:​Since the end of July the JPY has grown by over 550 points against the USD. During trading session last Friday, the pair ...
  
  Read more

• Survey Shows Economic Forecasts for the Euro-Zone Stabilized Post Brexit

  15-08-2016 09:36
  Bloomberg Monthly Survey signaled forecasts for the Euro-Zone were little changed after the sharp downgrade in the last report
  
  Read more

• AngloGold H1 earnings rise; South Africa safety stops hit output

  15-08-2016 08:45 via rocketnews.com
  
  JOHANNESBURG (Reuters) – Africa’s top gold producer AngloGold Ashanti said on Monday its interim earnings more than doubled because of higher prices and weaker currencies where it operates, but said government safety stops in South Africa hit production. * Adjusted headline earnings (AHE) of $159 million, morethan double the $61 million generated last year. * Gold production of 1.745Moz, in line with full yearguidance range of 3.6Moz – 3.8Moz. * Net debt at June 30, 2016, was
  
  Read more

• Nikkei falls as strong yen, weak GDP hit mood in holiday-thin trade

  15-08-2016 08:27
  
  TOKYO, Aug 15 (Reuters) - Japanese stocks fell on Monday in
  thin trade as the yen stayed strong and data showed economic
  growth stalled in the second quarter, hurting investor
  sentiment.
  
  Read more

• New Zealand Dollar Slumps on Swelling RBNZ Rate Cut Bets

  15-08-2016 08:13
  The New Zealand Dollar fell in otherwise quiet overnight trade as disappointing service-sector survey data fueled RBNZ interest rate cut speculation.
  
  Read more

• ASX 200 Technical Analysis: 5,600 Now in Focus

  15-08-2016 07:35
  The ASX 200 continues to find support below 5,500 which might imply another test higher to 5,600
  
  Read more

• Nikkei 225 Technical Analysis: Index Heading into Confluence Resistance

  15-08-2016 07:10
  The Nikkei 225 march higher continues but faces some major technical hurdles around the 17,000 area
  
  Read more

• Asia stocks rise with oil price, Tokyo flat

  15-08-2016 06:34 via news.yahoo.com
  
  Tokyo stocks were flat on Monday after figures showed Japan's economy stalled in the second quarter, but some other Asian markets climbed along with a rise in the oil price. Shanghai jumped more than one percent while Sydney and Hong Kong were also up by mid-morning, even after weak economic data out of the eurozone and US on Friday left European and Wall Street stocks under pressure and gave Asia a weak lead. In Japan, data showed that growth in the world's third largest economy was flat at 0.0
  
  Read more

Follow @news_analyst on Twitter!