Analyst news

• Wall Street climbs in wake of first presidential face-off

  27-09-2016 22:55 via news.yahoo.com
  
  Consumer and technology stocks, including Amazon, led gains on Wall Street on Tuesday, while a perceived win by Democrat Hillary Clinton in Monday's first presidential debate gave broader support to equities. Following the first of three presidential debates on Monday, Republican candidate Donald Trump vowed to hit Clinton harder after she put him on the defensive. "From a market perspective, rightly or wrongly, there is an understanding that Mrs. Clinton would be a safe pair of hands, that ther
  
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• US STOCKS-Wall Street climbs in wake of first presidential face-off

  27-09-2016 22:40 via news.yahoo.com
  
  Consumer and technology stocks, including Amazon, led gains on Wall Street on Tuesday, while a perceived win by Democrat Hillary Clinton in Monday's first presidential debate gave broader support to equities. ...
  
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• Crude Oil Price Forecast: Oil Drops on Signs of Failed Accord

  27-09-2016 22:15
  WTI Crude Oil Has Been Dropping On The 600k Barrell Gap That Saudi & Iran Appear Unwilling To Sacrifice To Freeze Output And Support the Market.
  
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• Wall Street climbs as consumer and tech stocks lead

  27-09-2016 22:06 via news.yahoo.com
  
  NEW YORK (Reuters) - Consumer and technology stocks, including Amazon, led gains on Wall Street on Tuesday while the perceived win by Democrat Hillary Clinton in the first presidential debate gave broader support to equities.
  
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• StanChart tells authorities about corruption allegations at Indonesian firm

  27-09-2016 21:59 via news.yahoo.com
  
  By Lawrence White and Joel Schectman LONDON/WASHINGTON (Reuters) - Standard Chartered has told "appropriate authorities" about alleged corruption at an Indonesian power plant company majority-owned by its private equity arm, the bank said on Tuesday. The statement came in response to an earlier Wall Street Journal report that the U.S. Department of Justice is investigating whether Standard Chartered failed to stop possible bribery and other misconduct at MAXpower Group Pte Ltd, which builds and
  
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• Wall Street reacts to Trump with a shrug despite pro-business bluster

  27-09-2016 21:55 via news.yahoo.com
  
  Donald Trump is running for president on the premise that his business acumen makes him the best man for the job, but reaction from the business community Tuesday suggests that's far from the consensus view. Ordinarily, pronouncements like that would be music to the ears of a Wall Street audience.
  
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• Trump Could Still Win — and Stocks Aren’t Ready for Him

  27-09-2016 20:51 via news.yahoo.com
  
  Monday night’s debate, billed as the biggest presidential debate of the century and maybe the most watched ever, is contributing to a small bump for stocks. “What we’re seeing in markets this morning is a small, collective sigh of relief because most commentators, and the few polls that have been released, suggest that Clinton won the debate,” says James Athey of Aberdeen Asset Management. For the economy and the stock market, the outcome of the presidential election on N
  
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• Wall Street rises in wake of first presidential face-off

  27-09-2016 20:48 via news.yahoo.com
  
  Amazon.com increased 1.98 percent and the consumer discretionary index gained 0.93 percent higher after a report showed that the consumer confidence index for September rose to its highest level in nine years. Following the first of three presidential debates on Monday, Trump vowed to hit Clinton harder after she put him on the defensive. "From a market perspective, rightly or wrongly, there is an understanding that Mrs Clinton would be a safe pair of hands, that there's very little uncertainty
  
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• Global stocks bounce after U.S. debate; oil falls

  27-09-2016 20:31 via news.yahoo.com
  
  By Richard Leong NEW YORK (Reuters) - Stock prices across major markets rose on Tuesday, led by gains in the U.S. technology and consumer sectors following the presidential debate between Hillary Clinton and Donald Trump, while oil prices fell on fading hopes of agreement on limiting production. Anxiety about the fortune of Deutsche Bank curtailed Wall Street's advance and kept European equity markets little changed. A firmer dollar in the aftermath of the first Clinton-Trump debate helped send
  
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• Global stocks bounce up after U.S. debate; oil falls

  27-09-2016 20:17 via news.yahoo.com
  
  By Richard Leong NEW YORK (Reuters) - Stock prices across major markets rose on Tuesday, led by gains in the U.S. technology and consumer sectors following the presidential debate between Hillary Clinton and Donald Trump, while oil prices fell on fading hopes of agreement on limiting production. Anxiety about the fortune of Deutsche Bank curtailed Wall Street's advance and kept European equity markets little changed. A firmer dollar in the aftermath of the first Clinton-Trump debate helped send
  
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• AUD/USD Remains Constructive Above 7570- U.S. Durable Goods on Tap

  27-09-2016 19:39
  The Aussie rally looks vulnerable near-term heading into key US data tomorrow. Here are the updated targets & invalidation levels that matter heading into the release.
  
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• Wall Street rises as tech, discretionary stocks gain

  27-09-2016 19:07 via news.yahoo.com
  
  The consumer discretionary index rose 0.88 percent after a report showed that the consumer confidence index for September rose to its highest level in nine years. "The number came in much better than expected, so consumer stocks seem to be catching a bit after having a hard time for probably a month or two," said Mark Spellman, portfolio manager at Alpine Funds in New York. The Nasdaq Composite was up 39.57 points, or 0.75 percent, at 5,297.06.
  
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• NZD/USD Risks Near-Term Reversal as H&S Formation Remains Intact

  27-09-2016 18:22
  NZD/USD remains at risk for further losses as the pair appears to be carving a head-and-shoulders (H&S) formation.
  
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• Wells Fargo may claw back some executive pay: report

  27-09-2016 18:01 via news.yahoo.com
  
  The board of directors of Wells Fargo & Co. is reported to be considering clawing back some of the millions of dollars in pay to some of its top executives. The Wall Street Journal, citing an unnamed source, reported that Wells Fargo's board could move as soon as Tuesday to get back money from and current CEO John Stumpf and Carrie Tolstedt, the bank's former head of retail banking. Wells Fargo has been under pressure since it emerged in August that the San Francisco
  
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• Standard Chartered probed by US DoJ for Indonesia 'bribes'

  27-09-2016 17:56 via news.yahoo.com
  
  Standard Chartered acknowledged Tuesday it was being investigated by the US Department of Justice over claims that an Indonesian subsidiary had paid bribes to secure contracts. The Wall Street Journal newspaper said that an internal audit at Indonesian energy company Maxpower Group found evidence of possible bribery and US prosecutors were examining whether Standard Chartered was culpable for not stopping it. The Department of Justice did not comment when contacted by AFP.
  
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• Wall Street propped up by tech, discretionary stocks

  27-09-2016 17:32 via news.yahoo.com
  
  Wall Street rose for the first time in three days on Tuesday, helped by technology and discretionary stocks, but weak oil prices limited gains. Amazon.com rose 1.3 percent, lifting the consumer discretionary index. JPMorgan raised its price targets on the two stocks.
  
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• U.S. stocks firm after debate but oil a drag

  27-09-2016 17:12 via news.yahoo.com
  
  By Richard Leong NEW YORK (Reuters) - U.S. stock prices rose on Tuesday following the presidential debate between Hillary Clinton and Donald Trump, but losses in the oil market and anxiety about the fortune of Deutsche Bank limited Wall Street's advance. Oil prices gave back some of Monday's gains on fizzling hopes of an agreement among major producers to freeze output in a bid to deal with the current global oversupply. A stronger dollar in the aftermath of the first Clinton-Trump debate helped
  
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• Wells Fargo likely to decide on clawback before Thursday: WSJ

  27-09-2016 16:44 via news.yahoo.com
  
  (Reuters) - Wells Fargo & Co's board is likely to decide on whether to claw back pay from former retail-banking head Carrie Tolstedt and Chief Executive John Stumpf ahead of a congressional hearing on Thursday, the Wall Street Journal reported.
  
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• Uber launches global assault on food delivery market

  27-09-2016 16:38 via news.yahoo.com
  
  By Eric Auchard AMSTERDAM (Reuters) - Uber is making an aggressive drive into meal delivery, backed by a wave of staff recruitment, with the U.S. tech heavyweight gearing up to enter at least 22 new countries and take on local rivals. In a measure of rising ambition beyond its taxi business, Uber [UBER.UL] will begin delivering meals in Amsterdam on Thursday just as Dutch market leader Takeaway.com , begins trading on the city's stock market.
  
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• Wall Street propped up by tech stocks

  27-09-2016 16:03 via news.yahoo.com
  
  Wall Street was higher for the first time in three days on Tuesday as a rise in technology stocks helped offset losses in energy shares. Google parent Alphabet rose 0.7 percent after JPMorgan raised its price target on the stock, driving the S&P 500 technology index up 0.4 percent. The S&P 500 energy index dropped 1.22 percent.
  
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• Central Banks at Full Throttle, DB Starting to Wobble

  27-09-2016 15:54
  European banks remain a focal point for markets, and a recent fine from the Department of Justice to one of the bigger players raises fresh questions about the health of banks and the entire banking industry.
  
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• Global markets – Europe's bank angst sours U.S. debate rally

  27-09-2016 14:56 via rocketnews.com
  
  By Marc Jones
  LONDON (Reuters) – Worries about Europe’s banks wrenched stocks into reverse on Tuesday and halted a surge in Mexico’s peso that followed Democrat Hillary Clinton’s victory over Republican Donald Trump in the first U.S. presidential debate.
  Europe’s mood soured as Deutsche Bank shares hit another record low on nagging worries about the lender’s health and left Wall Street futures pricing in barely a rise for the S&P 500 and Dow Jones Industr
  
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• Global markets - Europe's bank angst sours U.S. debate rally

  27-09-2016 14:56 via news.yahoo.com
  
  By Marc Jones LONDON (Reuters) - Worries about Europe's banks wrenched stocks into reverse on Tuesday and halted a surge in Mexico's peso that followed Democrat Hillary Clinton's victory over Republican Donald Trump in the first U.S. presidential debate. Europe's mood soured as Deutsche Bank shares hit another record low on nagging worries about the lender's health and left Wall Street futures pricing in barely a rise for the S&P 500 and Dow Jones Industrial.
  
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• Europe's bank angst sours U.S. debate rally

  27-09-2016 14:53 via news.yahoo.com
  
  By Marc Jones LONDON (Reuters) - Worries about Europe's banks wrenched stocks into reverse on Tuesday and halted a surge in Mexico's peso that followed Democrat Hillary Clinton's victory over Republican Donald Trump in the first U.S. presidential debate. Europe's mood soured as Deutsche Bank shares hit another record low on nagging worries about the lender's health and left Wall Street futures pricing in barely a rise for the S&P 500 and Dow Jones Industrial .
  
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• S&P 500: Several Angles of Influence at Work Here

  27-09-2016 14:38
  The market is bouncing around between lines, giving traders reference points from which to operate.
  
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• US Dollar Turns to Fed Speakers Next Two Days for Help

  27-09-2016 14:25
  The US Dollar is off a bit today, but with Fed Vice Chair Stanley Fisher due up in a few hours, that could change quickly.
  
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• StanChart refers alleged corruption at Indonesian firm to authorities

  27-09-2016 14:07 via news.yahoo.com
  
  Standard Chartered has referred allegations of impropriety at an Indonesian power company that the bank's private equity arm invested in to the appropriate authorities, the bank said on Tuesday. The Wall Street Journal earlier reported the bank faced an investigation by the U.S. Department of Justice into whether StanChart failed to stop alleged misconduct at MAXpower Group Pte Ltd, a power plant builder.
  
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• StanChart refers alleged corruption at Indonesian company to authorities

  27-09-2016 13:03 via news.yahoo.com
  
  Standard Chartered has referred allegations of impropriety at an Indonesian company that the bank's private equity arm invested in to the appropriate authorities, the bank said on Tuesday. The Wall Street Journal earlier reported the bank faced an investigation by the U.S. Department of Justice as to whether StanChart failed to stop alleged misconduct at Maxpower Group Pte Ltd, a power plant builder.
  
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• UPDATE 1-British court fines Merlin 5 mln stg over rollercoaster crash - ITV

  27-09-2016 12:53
  
  LONDON, Sept 27 (Reuters) - A British court has fined Merlin
  Entertainments 5 million pounds ($6.5 million) over a
  rollercoaster crash at its Alton Towers theme park in June last
  year that seriously...
  
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• DAX Tech Update: Confluence of Slope Support Not Far Below

  27-09-2016 12:38
  The German index is challenging the September low, a drop below will bring into focus intersecting lines of support.
  
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• British court fines Merlin 5 mln stg over rollercoaster crash - ITV

  27-09-2016 12:28
  
  LONDON, Sept 27 (Reuters) - A British court has fined Merlin
  Entertainments 5 million pounds ($6.5 million) over a
  rollercoaster crash at its Alton Towers theme park in June last
  year that seriously...
  
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• Silver Prices Fall Deeper into Narrowing Range

  27-09-2016 10:55
  The metal is short-term bearish after pulling off top-side trend-line of ongoing development of daily wedge.
  
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• BRIEF-Monte dei Paschi shares volatile, trading up 0.4 pct

  27-09-2016 10:49
  
  * The stock is up 0.4 percent by 0847 GMT, after earlier
  rising as much as 4.7 percent
  
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• Britain's FTSE hovers near one-week lows as Wolseley slides

  27-09-2016 10:45
  
  * Perceived Clinton victory in U.S. debate buoys stock
  markets
  
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• Yen Drops, Commodity Dollars Rise as Market Sentiment Recovers

  27-09-2016 10:41
  The anti-risk Japanese Yen fell while the sentiment-linked Australian, Canadian and New Zealand Dollar rallied as risk appetite recovered across financial markets.
  
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• Asian stocks rise as markets give thumbs up to Hillary Clinton in presidential debate

  27-09-2016 09:43 via news.yahoo.com
  
  Most Asian stock market indices were trading higher on Tuesday (27 September), with the Shanghai Composite up 0.15% at 2,984.84 as of 6.36am GMT as investors and analysts gave Hillary Clinton the thumbs up over Donald Trump in the first US presidential debate.
  
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• UPDATE 1-Wolseley to cut up to 800 jobs in Britain

  27-09-2016 09:23
  
  Sept 27 (Reuters) - Heating and plumbing products supplier
  Wolseley plans to close 80 UK branches and a
  distribution centre, leading to up to 800 job losses, it said on
  Tuesday, as it streamlines its...
  
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• BRIEF-Shares in Monte dei Paschi rise in early trade

  27-09-2016 09:08
  
  * The bank said on Monday it was considering a voluntary
  conversion of its debt into equity.Further company coverage:
  (Reporting by Milan Newsroom)
  
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• UPDATE 1-Britain's Thomas Cook sticks to outlook despite Turkey disruption

  27-09-2016 08:48
  
  LONDON, Sept 27 (Reuters) - British travel company Thomas
  Cook stuck to its annual profit guidance on Tuesday,
  after strong demand for summer holidays to destinations other
  than Turkey helped offset...
  
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• NZD/USD Technical Analysis: Trend Reversal May Be at Hand

  27-09-2016 08:29
  The New Zealand Dollar has broken below support marked by a rising trend line guiding the currency higher since late May, hinting a bearish trend reversal is afoot.
  
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• EUR/GBP Technical Analysis: Double Top May Be Taking Shape

  27-09-2016 05:22
  The Euro may be preparing to turn lower against the British Pound as the appearance of a Shooting Star candlestick hints at ebbing upside momentum.
  
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• Gold Prices Await Fed Guidance, Crude Oil Eyes OPEC Meeting

  27-09-2016 02:47
  Gold prices continue to tread water as traders wait for fresh Fed policy guidance. Crude oil prices bounced as markets eye a much-anticipated OPEC meeting in Algiers.
  
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• China's Wanda eyeing Golden Globes producer: reports

  27-09-2016 01:58 via news.yahoo.com
  
  Chinese conglomerate Wanda is considering ramping up its push into Hollywood with the acquisition of the production company behind the Golden Globes, The Wall Street Journal reported on Monday. The report, and another in the Hollywood Reporter, said Wanda Group is in early talks with Dick Clark Productions about possibly buying it for a billion dollars or so. The Journal and the Reporter cited unnamed sources.
  
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• Job ads show Uber expanding meal deliveries in 24 countries

  27-09-2016 01:10 via news.yahoo.com
  
  By Eric Auchard LONDON (Reuters) - Uber [UBER.UL] is making a broad international push into meal delivery, with fresh hiring and aggressive marketing as it prepares to take on local rivals in dozens of countries. In a sign of growing ambition beyond its taxi business, Uber is gearing up to deliver meals in Amsterdam this week just as Takeaway.com , the restaurant ordering leader in the Netherlands, lists on the Amsterdam stock market. According to job listings on Uber and other recruiting sites,
  
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• Hong Kong small-caps - ready for China fever?

  27-09-2016 01:08 via news.yahoo.com
  
  By Samuel Shen and John Ruwitch SHANGHAI (Reuters) - Chasing higher returns in a slowing economy, Chinese investors could soon dominate Hong Kong's stock market, likely redefining how shares, especially small-caps, are traded and priced there. Chinese money will account for a third of Hong Kong's stock trading turnover in three years, up from a tenth now, UBS and other brokers predict. Fund managers say the inflow of Chinese money will be driven by deregulation, fears of yuan depreciation, and y
  
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• UPDATE 2-Disney, Microsoft among possible Twitter suitors - Reports

  27-09-2016 00:14
  
  Sept 26 (Reuters) - Walt Disney Co and Microsoft
  Corp joined a list of potential suitors for Twitter Inc
  , according to media reports on Monday.
  
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