Analyst news

• Rising Euro-Zone, US Political Risks Driving EUR/USD in Short-term

  20-11-2016 23:45
  In the event that political risks in the Euro-Zone continue to build up, there is ample room for market participants to drive down the single currency in the short-term. Among futures traders, non-commercials are only holding 119.2K net-short short contracts through the week ended November 15, 2016. Relative to the all-time extreme set at the end of March 2015, when there were 226.6K net-short contracts held, bearishness towards the Euro isn’t that significant at present time.
  
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• MIDEAST STOCKS-Abu Dhabi hit after bank merger talk quashed; Saudi slips but Egypt resilient

  20-11-2016 14:56 via news.yahoo.com
  
  * Abu Dhabi's UNB, ADCB, ADIB drop after denying merger rumours * Dubai's Shuaa gains as investors see upside with new acquirer * Saudi pulls back on profit taking, banks weak * Egypt resilient as foreign buyers continue to accumulate shares By Celine Aswad DUBAI, Nov 20 (Reuters) - Shares of three of Abu Dhabi's top lenders pulled back on Sunday after the banks denied they were in merger talks, while Saudi shares were hit by profit taking. Egypt's stock market gained as foreign funds continued
  
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• Credit Suisse moves towards Swiss bank spin-off

  20-11-2016 12:45 via news.yahoo.com
  
  By Joshua Franklin ZURICH (Reuters) - Credit Suisse has moved more than 1 million customers into a new Swiss bank which goes live on Sunday, a step towards what could be Switzerland's biggest stock market listing in more than a decade. The creation of the new subsidiary that caters for Swiss retail, corporate, private and investment banking clients, is part of a broader shake-up of Credit Suisse under Chief Executive Tidjane Thiam to focus more on wealth management and less on volatile investmen
  
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• Wall Street Weekahead: After initial Trump trade, politics keep stocks on edge

  20-11-2016 06:04 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - Arguing over politics is a Thanksgiving Day tradition, but Donald Trump's presidential election adds a new twist to any bickering at next week's holiday dinner table: What the new U.S. government could mean for your stock portfolio. Trump's shock victory last Tuesday sent investors scrambling to change bets predicated on a win by Hillary Clinton, leading to huge stock increases in industries including banks, biotech and construction. The Dow Jones industri
  
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