Analyst news

• World stock markets climb on labour data, oil gains

  18-08-2016 22:43 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - World equity markets rose on Thursday, helped by a weaker dollar and surging oil prices that touched their highest in six weeks to lift energy sector stocks. The U.S. dollar was near an eight-week low against major currencies in the wake of minutes from the Federal Reserve's July meeting published on Wednesday showing policymakers were unlikely to raise interest rates soon. Key indexes on Wall Street edged up, aided by gains in the energy sector and by big-bo
  
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• World stock markets climb on labor data, oil gains

  18-08-2016 22:39 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - World equity markets rose on Thursday, helped by a weaker dollar and surging oil prices that touched their highest in six weeks to lift energy sector stocks. The U.S. dollar was near an eight-week low against major currencies in the wake of minutes from the Federal Reserve's July meeting published on Wednesday showing policymakers were unlikely to raise interest rates soon. Key indexes on Wall Street edged up, aided by gains in the energy sector and by big-bo
  
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• Apparel retailer Gap's adjusted profit beats estimates

  18-08-2016 22:32
  
  Aug 18 (Reuters) - Apparel retailer Gap Inc reported
  a better-than-expected adjusted quarterly profit largely due to
  higher customer visits to its Old Navy stores in June.
  
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• WTI Crude Oil Price Forecast: Bull Market Arrives On Weak Dollar

  18-08-2016 21:56
  WTI Crude Oil (CFD: US Oil) Closed on Thursday 22% from August low. The US Dollar’s Weakness Should Be Thanked.
  
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• China’s Market News: Lower Fiscal Income, Higher Property Price

  18-08-2016 20:51
  China released the fiscal income and property price reports for the month of July.
  
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• Credit Suisse banker dispute shows challenge of CEO's new strategy

  18-08-2016 20:21 via news.yahoo.com
  
  By Olivia Oran NEW YORK (Reuters) - Credit Suisse Group AG is accusing a group of five investment bankers who left for Jefferies Group LLC in May of stealing confidential information and trying to coax former colleagues to join them. The dispute, which has not been previously reported, offers insight into how the Swiss bank's push into wealth management under Chief Executive Officer Tidjane Thiam may be prompting the departure of bankers that Wall Street businesses want to retain. Credit Suisse
  
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• USD/CAD in Free Fall: 9-Days Down Ahead of Canada CPI, Retail Sales

  18-08-2016 20:10
  USDCAD is approaching initial Fibonacci support heading into key economic data tomorrow. Here are the updated targets & invalidation levels that matter into the releases.
  
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• Wall Street flat as drop in tech stocks offsets oil gains

  18-08-2016 19:09 via news.yahoo.com
  
  Wall Street pared earlier gains and was little changed in early afternoon trading on Thursday, as a drop in technology stocks offset gains in energy companies on the back of higher oil prices. Cisco fell 1.7 percent to $53.57 after the network equipment provider said it would cut 5,500 jobs and gave a disappointing forecast.
  
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• Britain's FTSE edges up, helped by miner rally

  18-08-2016 18:06
  
  * Kingfisher, Kaz Minerals up after results(ADVISORY- Follow European and UK stock markets in real time on
  the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)
  
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• Wall Street boosted by rise in oil, Wal-Mart

  18-08-2016 17:42 via news.yahoo.com
  
  Wall Street was slightly higher in late morning trading on Thursday, boosted by a jump in Wal-Mart shares and higher oil prices. Wal-Mart rose as much as 3.1 percent to a more than 14-month high of $75.19 after the retailer's better-than-expected quarterly profit. The stock provided the biggest boost to the S&P 500.
  
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• World stocks rise, backed by oil gains, weak dollar

  18-08-2016 17:17 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - World stock markets moved higher as oil prices rose and the dollar sank to a near eight-week low on Thursday after minutes from the U.S. Federal Reserve's latest meeting showed policymakers were divided over whether to raise interest rates soon. A lower-than-expected reading on new U.S. jobless claims and comments on the "hollowing out" of the labour market from New York Fed President William Dudley gave U.S. stocks a modest boost in early trading. While Dudl
  
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• Wall Street little changed; Wal-Mart up after results

  18-08-2016 16:02 via news.yahoo.com
  
  (Reuters) - Wall Street was little changed in early trading on Thursday as the impact of a rise in oil prices and strong results at Wal-Mart was offset by weakness in consumer discretionary and financial stocks.
  
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• Wall St opens flat as Fed divided on rates

  18-08-2016 15:35 via news.yahoo.com
  
  REUTERS - Wall Street opened little changed on Thursday, a day after minutes of the Federal Reserve's July meeting showed policymakers were divided over whether to raise interest rates in the near-term. The Dow Jones industrial average fell 1.99 points, or 0.01 percent, to 18,571.95, the S&P 500 gained 0.3 points, or 0.01 percent, to 2,182.52 and the Nasdaq Composite index added 0.35 points, or 0.01 percent, to 5,229.01. (Reporting by Tanya Agrawal; Editing by Saumyadeb Chakrabarty)
  
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• The Diminishing Marginal Utility of Rate Hike Fears

  18-08-2016 15:30
  Forward guidance has become a primary driver across global capital markets, but more recently, markets appear to be discounting the value of these forecasts, instead looking to 'strategize around' these plans.
  
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• Wall Street set to open flat as Fed divided on rates

  18-08-2016 15:05 via news.yahoo.com
  
  Wall Street looked set to open little changed on Thursday, a day after minutes of the Federal Reserve's July meeting showed policymakers were divided over whether to raise interest rates in the near-term. Fed officials were generally upbeat about the U.S. economy but some expressed the need to keep their options open in the need of more data pointing to strength, the minutes showed. "The Fed was less hawkish than the market had expected.
  
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• ECB Minutes Convey ’Cautious Optimism’ On Euro-Area Economy

  18-08-2016 14:45
  The European Central Bank (ECB) Minutes from its July meeting showed a continued dovish outlook for monetary policy but failed to trigger a meaningful market reaction.
  
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• Valeant amends credit facility for second time in six months

  18-08-2016 14:36
  
  Aug 18 (Reuters) - Valeant Pharmaceuticals International Incsaid its lenders had approved an amendment to
  its credit facility, giving the drugmaker more flexibility to
  sell assets and repay loans...
  
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• Pakistan shares close lower; rupee steady, o/n rates flat

  18-08-2016 14:13
  
  KARACHI, Aug 18 (Reuters) - Pakistan shares closed lower on
  Thursday on foreign portfolio investment outflows and on
  profit-taking, dealers said.
  
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• USD/JPY Consolidates After 176 Pip Decline

  18-08-2016 14:02
  After Tuesday's 176 pip decline, the USD/JPY remains in a pattern of consolidation.
  
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• UPDATE 1-Auris's tinnitus drug misses main goals in study; shares sink

  18-08-2016 13:18
  
  Aug 18 (Reuters) - Auris Medical Holding AG said
  its experimental drug for acute inner ear tinnitus missed the
  main goals of a late-stage study, sending its shares down more
  than 40 percent in...
  
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• Gold Price Forecast: Technical Range Continues

  18-08-2016 12:48
  Gold Prices continue to range for the 9th consecutive session, after being rejected above $1,355.00.
  
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• What the stock market tells us about the British economy post-Brexit

  18-08-2016 12:32 via rocketnews.com
  
  Britain’s economy after the vote to leave the European Union has been marked by one word: uncertainty. But the FTSE 100, the UK’s main stock index, seems to be ticking along nicely. Having quickly rebounded after the initial shock of Brexit caused a 3.15% drop, it rose a further 1.6% when the Bank of England cut the interest rate to a historic low of 0.25% to counterbalance the potential negative effects of Brexit on the UK economy.
  A stock market rise was the expected result of the
  
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• GBP/USD Surges After Post-Brexit Retail Sales Crush Expectations

  18-08-2016 11:32
  The British Pound surged versus all other majors after today’s post-Brexit Retail Sales report signaled a significant rise in sales post Brexit
  
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• EUR/USD Approaching Pre-Brexit Highs, CPI and ECB Minutes Next

  18-08-2016 10:18
  The EUR/USD is trading above 1.13 following the FOMC meeting minutes, retracing the majority of the Brexit decline, and the ECB minutes are ahead
  
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• BUZZ-Evraz: top UK midcap loser on H1 profit miss

  18-08-2016 09:32
  
  ** Evraz, one of Russia's largest steel producers,
  -c.4% & top midcap loser after co's H1 profit misses
  forecast
  
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• BUZZ-Kaz: top UK midcap gainer as H1 profit rises

  18-08-2016 09:21
  
  ** Kaz Minerals +c.7%, most actively traded stock &
  top pct gainer on FTSE midcap index after Kazakhstan
  copper miner reports higher H1 core profit
  
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• Stop saving and start investing!

  18-08-2016 09:03 via news.yahoo.com
  
  Sick of low rates on your current or savings account? Want to grow your wealth over the long term? Grab your cash and head to the stock market.
  
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• South Africa's Exxaro interim earnings rise on higher sales

  18-08-2016 08:45 via news.yahoo.com
  
  (Reuters) - South African diversified miner Exxaro Resources posts a slight increase in earnings, with higher sales offsetting production losses from mine closures, the company said on Thursday. * Diluted headline earnings per share for continuingoperations for the six months ended June 30 rose 1.5 percent to341 cents from 336 cents in the same period last year, in linewith what company previously flagged. * Profit boosted by inclusion of Exxaro Coal CentralProprietary Limited increased sales vo
  
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• US Dollar Drops on Divided FOMC, More Fed-Speak Eyed Ahead

  18-08-2016 08:33
  The US Dollar dropped as markets bet that divisions on the FOMC will delay interest rate hikes. Comments from Fed officials will continue to drive the narrative ahead.
  
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• ASX 200 Technical Analysis: Sideways Between Well-Defined Levels

  18-08-2016 07:25
  The ASX 200 is trading sideways in a well-defined narrow range as volatility hits extreme lows
  
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• Crude Oil Prices Hit Monthly High, Gold Gains on FOMC Minutes

  18-08-2016 07:21
  Crude oil prices hit a monthly high after an unexpected build in inventories. Gold prices rose after the release of minutes from July’s Fed policy meeting.
  
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• Nikkei 225 Technical Analysis: Upside Might Need a Hold Above 16,500

  18-08-2016 07:00
  The Nikkei 225 march higher stalled at the July high, but the index found support above 16,500
  
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• UPDATE 3-Cisco to cut 5,500 jobs in shift from switches to software

  18-08-2016 00:50
  
  * Revenue falls in emerging markets and service providers
  segment
  
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