Analyst news

• Global stocks, dollar edge higher but safe havens get bid after Turkey, Germany attacks

  19-12-2016 23:08 via news.yahoo.com
  
  Stocks edged higher worldwide on Monday as Wall Street extended a rally that has pushed U.S. stocks near all-time highs, while the dollar got a boost from Federal Reserve Chair Janet Yellen who sounded optimistic about the U.S. labor market. Deadly attacks late in the trading day in Turkey and Germany made stocks pare their gains, while Treasuries prices rose and the safe-haven yen firmed. U.S. stock indexes hit record highs last week as investors piled on bets that the anticipated fiscal boost
  
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• Dollar Climbs As Fed Chair Yellen Builds Hawkish Tone after Hike

  19-12-2016 23:00
  The US Dollar climbed as Fed Chair Janet Yellen addressed the University of Baltimore Commencement on the state of US employment with an optimistic view for the US economy.
  
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• Wall Street extends rally but Germany truck deaths reduce gains

  19-12-2016 22:23 via news.yahoo.com
  
  Wall Street extended a recent rally on Monday but finished the session short of earlier highs after several people were killed by a truck driven into a Christmas market in Germany. All three major U.S. indexes ended higher but lost some steam after German police said a truck ran into a crowded Christmas market in Berlin, killing nine people and injuring up to 50 others. "That's the playbook by which markets have come to address these types of issues." The S&P technology index rose 0.61 perce
  
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• Global stocks, dollar rise after Yellen remarks; yen, Treasuries pare gains

  19-12-2016 21:10 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Global stock markets added to gains on Monday after Federal Reserve Chair Janet Yellen sounded an optimistic tone about the U.S. labor market, weighing on safe-haven assets like the Japanese yen and U.S. Treasuries that had risen after the shooting death of Russia's ambassador to Turkey. U.S. stocks initially slipped after the release of Yellen's prepared speech to graduates of the University of Baltimore, but then added to earlier gains. Wall Street hit reco
  
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• Wall Street climbs, Nasdaq on verge of record high

  19-12-2016 21:08 via news.yahoo.com
  
  (Reuters) - U.S. stocks rose on Monday with the Nasdaq Composite in record territory as investors snapped up technology heavyweights Microsoft, Apple and Amazon.com.
  
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• China’s Market News: Top Priorities for the Economy in 2017

  19-12-2016 20:19
  Chinese policymakers have set key strategies for the economy in 2017. Here are the highlights and analysis:
  
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• Wall Street trims gains; Yellen speech awaited

  19-12-2016 19:06 via news.yahoo.com
  
  U.S. stocks have been on a tear since the Nov. 8 presidential election, with the S&P rising 5.7 percent on bets that President-elect Donald Trump's expected deregulation and infrastructure spending will boost the economy.
  
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• Global stocks rise in low volume as investors await Fed's Yellen

  19-12-2016 18:20 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - U.S. stocks opened higher, pushing up a gauge of global market indexes on Monday, as investors continued to be bullish on equities ahead of a speech from Federal Reserve Chair Janet Yellen with oil prices and the dollar both little moved. Wall Street hit record highs and the dollar rose to a 14-year peak last week as investors piled on bets that the anticipated fiscal boost from the incoming administration of U.S. President-elect Donald Trump would support ri
  
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• GLOBAL MARKETS-Stocks rise in low volume as investors await Fed's Yellen

  19-12-2016 18:11 via news.yahoo.com
  
  NEW YORK, Dec (Shanghai: 600875.SS - news) 19 (Reuters) - U.S. stocks opened higher, pushing up a gauge of global market indexes on Monday, as investors continued to be bullish on equities ahead of a speech from Federal Reserve Chair Janet Yellen with oil prices and the dollar both little moved. Wall Street hit record highs and the dollar rose to a 14-year peak last week as investors piled on bets that the anticipated fiscal boost from the incoming administration of U.S. President-elect Donald T
  
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• Tech stocks drive Wall Street higher

  19-12-2016 17:34 via news.yahoo.com
  
  Microsoft , Amazon and Apple were up between 1-1.8 percent, providing the biggest boost to the Nasdaq and the S&P 500. "Traditionally, as you head into the week before Christmas, you see volumes slow down and a somewhat trendless market as people begin to position their portfolios for next year," said Matt Jones, U.S. head of equity strategy at J.P. Morgan Private Bank in New York. U.S. stocks have been on a tear since the Nov. 8 presidential election, with the S&P rising 5.7 percent on
  
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• FX Calendar Thins Out Before Christmas, but Several Key Data Remain

  19-12-2016 17:30
  Volatility may remain high in FX markets as year-end trading conditions set in, thanks to several important data releases and events due on the calendar in the coming days.
  
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• Crude Oil Price Forecast: Why Oil Bulls Are Gaining Confidence

  19-12-2016 17:10
  Recent reports regarding the OPEC production cut may show that Oil production had to be cut, which could provide a tailwind for Bulls in 2017.
  
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• European stocks retrench going into festive wind-down

  19-12-2016 16:18 via news.yahoo.com
  
  European stocks and Wall Street were little changed Monday as investors retrenched after a strong run since the election of Donald Trump, with trading subdued heading into the festive period.
  
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• Wall Street opens little changed; Yellen in focus

  19-12-2016 15:46 via news.yahoo.com
  
  U.S. stocks opened little changed on Monday as investors awaited a speech by Federal Reserve Chair Janet Yellen, less than a week after the Fed raised interest rates for only the second time since the financial crisis. Yellen will be speaking on "the State of the Job Market" at 1:30 p.m. ET (1830 GMT) at the University of Baltimore. U.S. stocks fell on Friday, weighed by a more than 4 percent drop in Oracle shares and news that a Chinese Navy warship seized a U.S. underwater drone.
  
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• Yen Trends Retrace as the Bank of Japan Awaits

  19-12-2016 15:36
  The big item on this week's economic docket is set for tonight when the Bank of Japan speaks to markets; and the only real question is whether they already feel ready to upgrade economic assessments.
  
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• Wall Street opens little changed; Yellen speech eyed

  19-12-2016 15:32 via news.yahoo.com
  
  REUTERS - U.S. stocks opened little changed on Monday as investors awaited a speech by Federal Reserve Chair Janet Yellen, less than a week after the Fed raised interest rates for only the second time since the financial crisis. The Dow Jones Industrial Average rose 14.09 points, or 0.07 percent, to 19,857.5. The S&P 500 gained 2.37 points, or 0.104957 percent, to 2,260.44. The Nasdaq Composite added 4.94 points, or 0.09 percent, to 5,442.10. (Reporting by Tanya Agrawal in Bengaluru; Editing
  
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• Quieter Week for Euro in Run-Up to Holidays; Watch Yield Spreads

  19-12-2016 14:30
  The economic calendar for the Euro is thin for the remainder of the week after the German IFO report on Monday. The driving factor for EUR/USD should continue to be US-German yield spreads.
  
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• Euro, DAX Little Changed on Buoyant German IFO Data

  19-12-2016 13:56
  The Euro remains under the cosh versus the Dollar despite German business optimism rising in December to its highest level since February 2014, according to a survey published Monday.
  
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• S&P 500 Tech Update: Time Correction Headed for Collision with Support Soon

  19-12-2016 13:16
  The market is correcting through time versus price, will soon meet support for what is likely to lead to another thrust higher.
  
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• S&P 500 Tech Update: Time Correction Headed for a Collision with Support Soon

  19-12-2016 13:16
  The market is correcting through time versus price, will soon meet support for what is likely to lead to another thrust higher.
  
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• Brexit Briefing: GBPUSD Brushes Off Talk of New Scottish Independence Vote, For Now

  19-12-2016 12:58
  The British Pound remained becalmed in quiet European trade after news that Scottish First Minister Nicola Sturgeon may push for a new referendum unless Scotland can have access to the single market
  
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• All you need to know about ICO investment

  19-12-2016 12:54 via news.yahoo.com
  
  Without much Wall Street fanfare, Initial Coin Offerings (ICO) is driving a wedge in the start-up investment landscape, collectively absorbing some $200m (£160m) in 2016 alone. ICO is a new form of fundraising, somewhere between Kickstarter-style crowdfunding and VC investment, which is used by blockchain start-ups to fund their projects through the public presale of crypto-tokens to enthusiasts and investors.
  
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• DAX Challenging Key Level

  19-12-2016 11:33
  The German index has been on a roll, but faces its first true test of resistance since breaking out earlier in the month.
  
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• MIDEAST STOCKS-Qatar rises after budget, SABIC drags down Saudi index

  19-12-2016 09:32 via rocketnews.com
  
  DUBAI, Dec 19 (Reuters) – Qatar’s stock market climbed in early trade on Monday after the finance ministry published the 2017 state budget, while large-cap shares weighed on other regional markets.
  The index in Qatar, which was closed for a public holiday on Sunday, rose 1.1 percent with 85 percent of shares advancing. Petrochemical and metals producer Industries Qatar was the top performer, adding 2.1 percent.
  On Thursday Qatar published a 2017 budget which projected a deficit of 2
  
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• Crude Oil Erases Fed-Inspired Drop as OPEC Returns to Focus

  19-12-2016 08:44
  Crude oil prices have erased a drop triggered by the FOMC rate decision as the implementation of an OPEC supply cut deal returned into the spotlight.
  
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• AUD/USD Technical Analysis: Aussie Tumbles to 6-Month Low

  19-12-2016 08:18
  The Australian Dollar has dropped to the lowest level in over six months against its US counterpart following the FOMC monetary policy announcement.
  
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• Millennial investing: Early bird catches the 'tangible returns' worm

  19-12-2016 08:00 via news.yahoo.com
  
  Interest rates are close to zero, so this money won't be working for you at the moment. Forces greater than you are bearing down on interest rates at the moment, so you are better off using your time investing in yourself and in the stock market. Choosing from a wide variety of investment products can be confusing, that's why financial advice matters in to helping you choose the investment that is right for you based on your appetite for risk.
  
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• SCA to acquire Germany's BSN medical for 2.7 billion euros

  19-12-2016 07:59 via news.yahoo.com
  
  STOCKHOLM (Reuters) - Sweden's SCA said on Monday it had signed a deal with private equity firm EQT to buy German wound care products maker BSN medical for 2.74 billion euros (2.30 billion pounds) . According to recent comments by sources, EQT had also considered a stock market listing for BSN, whose brands include Leukoplast. The deal with SCA values BSN at close to 12 times expected 2017 earnings before interest, tax, depreciation and amortisation (EBITDA) of 235 million euros. That compares w
  
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• NZD/USD Technical Analysis: Key 6-Month Support Broken

  19-12-2016 07:51
  The New Zealand Dollar looks vulnerable to deeper losses against its US namesake after prices slipped below support capping losses since June.
  
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• Pound Stung by Brexit Jitters, Aussie Dollar Mulls Budget Update

  19-12-2016 05:40
  The British Pound fell as Scotland threatened another independence referendum if EU single market access is lost after Brexit as the Aussie Dollar digested an updated budget.
  
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• Dollar weakens after rally as Asia markets struggle

  19-12-2016 04:07 via news.yahoo.com
  
  The losses tracked a sell-off on Wall Street that came after it emerged China had seized an unmanned US sea survey probe from international waters in the South China Sea. Thursday's move raised geopolitical concerns as Donald Trump prepares to enter the White House having hit out at Beijing in recent weeks over several issues from Taiwan to trade. Last week the dollar soared after the Fed lifted borrowing costs and hinted at three more next year -- surprising many who had priced in two -- as it
  
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• NZ Dollar Gets Support From Upbeat Data Deluge

  19-12-2016 02:57
  The New Zealand Dollar got a lift to start the week after a data deluge focusing on everything from business confidence to housing-permit levels came in perky
  
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• Yen Slides Then Gains on Patchy Trade Numbers

  19-12-2016 02:21
  The Japanese Yen fell against the US Dollar only to rise again after November’s trade data showed ongoing falls in both imports and exports, but a rise in sales to China.
  
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