Analyst news

• Wall Street stocks finish dramatic week with a whimper

  27-01-2017 23:57 via news.yahoo.com
  
  Wall Street finished a dramatic week with a whimper Friday, with stocks finishing near flat following a report showing sluggish US growth in the fourth quarter.
  
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• Energy companies lead US stock indexes mostly lower

  27-01-2017 23:09 via news.yahoo.com
  
  Wall Street capped a week of milestones Friday with a day of listless trading that left U.S. stock indexes mostly lower.
  
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• Technical Weekly: Is USD/CHF the Tell?

  27-01-2017 23:06
  This week’s USD/CHF low was at former resistance from the 2012 high and June 2016 high. Former resistance providing support is bullish…so I’m bullish.
  
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• In double whammy for Turkey, Fitch cuts to junk after S&P slashes outlook

  27-01-2017 23:04 via rocketnews.com
  
  By David Dolan and Daren Butler
  ISTANBUL (Reuters) – Ratings agency Fitch downgraded Turkey’s sovereign debt to “junk” on Friday, snuffing out its last remaining investment grade and underscoring deepening concern about politics and monetary policy in what was once a star emerging market.
  The ratings cut, although widely expected by the market, came hours after rival agency Standard & Poor’s surprised investors by lowering its outlook for Turkey to “negat
  
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• Wall St. slips after soft GDP data, earnings

  27-01-2017 22:30 via news.yahoo.com
  
  By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks edged lower for a second consecutive session on Friday as some underwhelming corporate earnings and gross domestic product data offset recent enthusiasm over policy actions by President Donald Trump. The stock was the biggest drag on the S&P 500 and the Dow Jones Industrial Average indexes. Starbucks curbed gains on the Nasdaq.
  
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• UPDATE 2-U.S. supermarket shares dip after Trump threatens Mexico trade

  27-01-2017 22:28
  
  SAN FRANCISCO, Jan 27 (Reuters) - Shares of U.S. supermarket
  operators fell on Friday asPresident Donald Trump kept up his
  criticism of Mexico, which is a major supplier of produce and
  other foods...
  
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• Wall Street slips after soft GDP data, earnings

  27-01-2017 22:21 via news.yahoo.com
  
  U.S. stocks edged lower for a second consecutive session on Friday as some underwhelming corporate earnings and gross domestic product data offset recent enthusiasm over policy actions by President Donald Trump. The stock was the biggest drag on the S&P 500 and the Dow Jones Industrial Average indexes.
  
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• Wall St. Weekahead - Investors upbeat on data, Fed; wary of Trump

  27-01-2017 21:37 via news.yahoo.com
  
  By Sinead Carew NEW YORK (Reuters) - In an ordinary world, a U.S. Federal Reserve meeting, jobs data and a hefty number of earnings reports next week should provide investors with welcome distraction from speculation about the U.S. President's policy plans. Wall Street has already bet on solid economic data, strong earnings and the pace of Fed interest rate hikes, but investors are still uncertain how to bet on the President.
  
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• US stock indexes drift lower in late-afternoon trading

  27-01-2017 21:33 via news.yahoo.com
  
  Energy and real estate companies led U.S. stock indexes slightly lower in late-afternoon trading Friday after a mostly listless day on Wall Street. Health care stocks were up the most. Investors were sizing up earnings from American Airlines, Starbucks, Microsoft and other big companies. Bond yields fell after the government reported that the economy lost momentum in the last three months of 2016.
  
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• Investors upbeat on data, Fed; wary of Trump

  27-01-2017 21:26 via news.yahoo.com
  
  In an ordinary world, a U.S. Federal Reserve meeting, jobs data and a hefty number of earnings reports next week should provide investors with welcome distraction from speculation about the U.S. President's policy plans. Wall Street has already bet on solid economic data, strong earnings and the pace of Fed interest rate hikes, but investors are still uncertain how to bet on the President. "Wall Street's already figured out that the recovery is in place, that the Fed is going to start getting ag
  
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• Wall Street dips after tepid GDP, earnings

  27-01-2017 20:52 via news.yahoo.com
  
  U.S. stocks edged lower for a second consecutive session on Friday as underwhelming corporate earnings and gross domestic product data dampened recent enthusiasm over policy actions by President Donald Trump. U.S. economic growth slowed more than expected in the fourth quarter, with GDP rising at a 1.9 percent annual rate, below the 2.2 percent rise expected by economists and the 3.5 percent growth pace logged in the third quarter. The stock was the biggest drag on the S&P 500 and the Dow Jo
  
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• USD/JPY Technical Analysis: Resistance Defined On Attempted Breakout

  27-01-2017 20:50
  JPY closed the week reeling back from resistance ahead of the Bank of Japan meeting next week. USD/JPY now focuses on a confluence of chart levels.
  
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• Stocks slip on earnings, data; dollar advances

  27-01-2017 20:50 via news.yahoo.com
  
  A key index of global equity markets slipped from near record highs on Friday after underwhelming corporate earnings and U.S. economic growth data gave investors reason to pause following the recent sharp rally in equity prices. The dollar shrugged off disappointing U.S. fourth-quarter gross domestic product numbers to extend its rally against a basket of currencies, and U.S. Treasury debt yields slipped as the data spurred buying of U.S. government debt. Lackluster corporate results gave little
  
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• Global stocks slip on earnings, data; dollar advances

  27-01-2017 20:50 via news.yahoo.com
  
  By Saqib Iqbal Ahmed NEW YORK (Reuters) - A key index of global equity markets slipped from near record highs on Friday after underwhelming corporate earnings and U.S. economic growth data gave investors reason to pause following the recent sharp rally in equity prices. The dollar shrugged off disappointing U.S. fourth-quarter gross domestic product numbers to extend its rally against a basket of currencies, and U.S. Treasury debt yields slipped as the data spurred buying of U.S. government debt
  
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• U.S. supermarket shares dip after Trump threatens Mexico trade

  27-01-2017 20:40
  
  SAN FRANCISCO, Jan 27 (Reuters) - Shares of U.S. supermarket
  operators fell on Friday asPresident Donald Trump kept up his
  criticism of Mexico, which is a major supplier of produce and
  other foods...
  
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• GLOBAL MARKETS-Stocks slip on earnings, data; dollar advances

  27-01-2017 20:39 via news.yahoo.com
  
  A key index of global equity markets slipped from near record highs on Friday after underwhelming corporate earnings and U.S. economic growth data gave investors reason to pause following the recent sharp rally in equity prices. The dollar shrugged off disappointing U.S. fourth-quarter gross domestic product numbers to extend its rally against a basket of currencies, and U.S. Treasury debt yields slipped as the data spurred buying of U.S. government debt.
  
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• Ex-Jefferies bond trader Litvak guilty on one of 10 fraud counts

  27-01-2017 20:19 via news.yahoo.com
  
  A federal jury found former Jefferies Group bond trader Jesse Litvak guilty for a second time for defrauding customers on bond prices, but acquitted him on nine of the 10 counts he faced. The verdict on Friday by jurors in New Haven, Connecticut on the sixth day of deliberations is a mixed result for prosecutors trying to crack down on suspicious sales tactics on Wall Street. A different jury found Litvak guilty on all 10 securities fraud counts plus other charges in March 2014.
  
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• Nasdaq amends disputed fee proposal for key stock market data

  27-01-2017 19:59 via news.yahoo.com
  
  Nasdaq Inc no longer plans to charge additional fees to access key data essential for stock market operations following complaints of price gouging from other exchanges, trading firms and an industry trade group, according to a regulatory filing. The data is related to systems called securities information processors, or SIPs, which consolidate stock orders and last sales prices from the 13 U.S. stock exchanges. In August, Nasdaq said it planned to separate its proprietary trading data from thir
  
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• RPT-INTERVIEW -Safilo CEO says can weather potential LVMH loss

  27-01-2017 19:42
  
  * Could lose 340 mln euros in sales if LVMH takes eyewear in
  house
  
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• INTERVIEW -Safilo CEO says can weather potential LVMH loss

  27-01-2017 19:32
  
  * Could lose 340 mln euros in sales if LVMH takes eyewear in
  house
  
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• Wall St little changed as earnings, GDP data disappoint

  27-01-2017 19:19 via news.yahoo.com
  
  Wall Street was little changed on Friday as investors paused after a recent rally following underwhelming corporate earnings and gross domestic product data. The stock was the biggest drag on the S&P 500 and the Dow Jones Industrial Average indexes. The Nasdaq was weighed down by Starbucks, whose shares dropped 3.6 percent to $56.34 after the world's biggest coffee seller trimmed its full-year revenue forecast.
  
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• Wall Street little changed as earnings, GDP data disappoint

  27-01-2017 19:04 via news.yahoo.com
  
  The stock was the biggest drag on the S&P 500 and the Dow Jones Industrial Average indexes. The Nasdaq was weighed down by Starbucks , whose shares dropped 3.6 percent to $56.34 after the world's biggest coffee seller trimmed its full-year revenue forecast. "Earnings have really just been fine," said David Lyon, global investment specialist at J.P. Morgan Private Bank in San Francisco.
  
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• UPDATE 3-AbbVie's revenue miss clouds strong Humira U.S. sales

  27-01-2017 19:02
  
  * Shares fall as much as 2.86 pct(Adds conference call details, analyst comment; updates shares)
  
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• UPDATE 1-American Airlines, Qantas may revive joint venture plan under Trump

  27-01-2017 19:02
  
  BEIJING/SYDNEY, Jan 27 (Reuters) - American Airlines Group
  Inc and Australia's Qantas Airways Ltd may
  reapply to the U.S. Transportation Department for permission to
  coordinate prices and flight...
  
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• European shares lower as UBS weighs on banks; Tesco surges

  27-01-2017 18:13
  
  * Index posts weekly gain on M&A, earnings, Trump boost(Updates prices at close)
  
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• Wall Street slips as earnings, GDP data disappoint

  27-01-2017 17:32 via news.yahoo.com
  
  Wall Street was slightly lower on Friday, weighed down by underwhelming corporate earnings and gross domestic product data. U.S. economic growth slowed more than expected in the fourth quarter, with GDP rising at a 1.9 percent annual rate, below the 2.2 percent rise expected by economists. The stock weighed the most on the Nasdaq.
  
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• Wall St. slips as earnings, GDP data disappoint

  27-01-2017 17:32 via news.yahoo.com
  
  (Reuters) - Wall Street was slightly lower on Friday, weighed down by underwhelming corporate earnings and gross domestic product data.
  
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• Markets unfazed by sluggish US growth

  27-01-2017 16:32 via news.yahoo.com
  
  Investors appeared to take in their stride weaker-than-expected growth data in the United States Friday, as President Donald Trump's America first policies could point to stronger expansion in the coming months, dealers said. Wall Street opened flat on Friday following a disappointing report on fourth-quarter US economic growth and a mixed bag of earnings. "Trump's ambitious fiscal plans point to stronger growth in the coming quarters," said Fawad Razaqzada of Forex.com.
  
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• Microsoft's market value tops $500 billion again after 17 years

  27-01-2017 16:04 via news.yahoo.com
  
  (Reuters) - Microsoft Corp's market capitalization topped $500 billion for the first time since 2000 on Friday, after the technology giant's stock rose following another quarter of results that beat Wall Street's expectations. Shares of the world's biggest software company rose as much as 2.1 percent to $65.64, an all-time high, in early trading, valuing the company at $510.37 billion. The last time Microsoft was valued more was in March 2000, during the heyday of the dotcom era, when it had a m
  
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• Top Three FX Themes for Next Week’s Heavy Economic Calendar

  27-01-2017 16:00
  January has been relatively quiet on the market data-front while politics has taken-over, but next week brings a plethora of pressure points while these global macro markets are primed to move.
  
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• Nasdaq opens higher on strong tech results

  27-01-2017 15:34 via rocketnews.com
  
  A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City, U.S., October 24, 2016. REUTERS/Shannon Stapleton/Files
  MoreREUTERS – The S&P 500 and the Dow Jones Industrial Average opened little changed on Friday, while strong results from tech companies propped up the Nasdaq.
  The Dow Jones Industrial Average fell 6.24 points, or 0.03 percent, to 20,094.67. The S&P 500 gained 1.04 points, or 0.04 percent, to 2,297.72. The Nasdaq Composite added 10.94 p
  
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• US Dollar Whipsaws Around Weak GDP, Durable Goods Figures

  27-01-2017 15:25
  US growth closed out the year at its slowest rate since 2011.
  
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• AUD/USD Trades to Key Daily Support

  27-01-2017 15:06
  The AUD/USD is rising this morning, after testing key daily support at the 200 day MVA.
  
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• Nasdaq set to open higher on strong tech results

  27-01-2017 15:05 via news.yahoo.com
  
  Microsoft rose 1.9 percent to $65.50 in premarket trading, while Intel gained 0.4 percent to $37.71 after the two companies reported quarterly results above Wall Street expectations. The post-election rally reignited this week following a solid start to earnings season and optimism over President Donald Trump's pro-growth initiatives, catapulting the Dow above 20,000 for the first time and giving the benchmark S&P 500 its best two-day performance in seven weeks. "The market has had a strong,
  
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• Sterling is Floundering - Time to Buy the FTSE?

  27-01-2017 14:50
  The FTSE has failed to strengthen as much as other stock indexes, but it has tended to move in the reverse direction of Sterling, which is losing steam. So could the FTSE now capitalize on a weakening Pound?
  
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• American Airlines matches Wall Street forecast for 4Q profit

  27-01-2017 14:43 via news.yahoo.com
  
  Fourth-quarter profit at American Airlines fell compared with a year earlier, when the world's biggest airline received a huge tax benefit, but the results met Wall Street expectations. American's report ...
  
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• US Yields are Rising Again - So Why Isn’t the US Dollar?

  27-01-2017 13:50
  Meanwhile, the first Q4'16 US GDP reading is due this morning, and is expected to show the economy's pace of growth steadied into the end of the year.
  
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• Apple shares back in vogue as Wall Street bets on iPhone surge

  27-01-2017 13:05 via news.yahoo.com
  
  Wall Street has regained an appetite for Apple as investors bet that the release of a 10th-anniversary iPhone and pent up customer demand will shore up shrinking sales. The largest component of the S&P 500, Apple remained a core holding of Wall Street throughout a decline in the stock in the first half of last year. Apple's 15-percent rally since mid-November pushed the stock to levels not seen in more than a year and boosted over 100 mutual funds that became shareholders in recent quarters.
  
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• UPDATE 1-Honeywell revenue stays flat on weak aerospace, energy sales

  27-01-2017 13:04
  
  Jan 27 (Reuters) - Diversified manufacturer Honeywell
  International Inc posted fourth-quarter revenue that was
  roughly flat compared with a year earlier, while analysts were
  expecting an increase,...
  
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• Gold Prices Need Clarity on US Fiscal Stance for Lasting Trend

  27-01-2017 11:24
  Gold prices may extend near-term losses on upbeat US GDP data but lasting follow-through will need greater clarity on the coming fiscal policy trajectory.
  
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• Upbeat 4Q GDP to Impede on EUR/USD Recovery, Fuel Bet for June-Hike

  27-01-2017 11:00
  With the Atlanta Fed’s GDP model forecasting a 2.9% rate of growth, a set of better-than-expected data prints may heighten the appeal of the U.S. dollar.
  
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• FTSE 100 Failing to Inspire, Support About to Come Under Fire

  27-01-2017 10:28
  The UK index is failing to garner much buying interest from just above important support, it may soon give-way.
  
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• World shares drift, Asia trading thin as markets watch Trump

  27-01-2017 10:16 via news.yahoo.com
  
  European shares fell in early trading after a mixed day in Asia on the eve of lunar new year holidays. U.S. futures pointed to a higher open on Wall Street. KEEPING SCORE: European shares were mostly lower ...
  
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• Asian Stocks Hold Up, US Dollar Back in Demand

  27-01-2017 08:56
  Asian stocks showed some resilience in the face of another US/Mexico war of words, while the US Dollar was back in vogue thanks to corporate earnings hope.
  
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• Russian retailer Magnit posts 15 pct drop in Q4 earnings

  27-01-2017 08:31 via news.yahoo.com
  
  Russia's biggest food retailer Magnit reported on Friday a 15-percent drop in its fourth-quarter net profit: * Q4 net income totalled 13.4 billion roubles , down 15 percent from 15.8 billion roubles in ...
  
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• Google parent Alphabet's shares slide as earnings miss expectations

  27-01-2017 08:01 via news.yahoo.com
  
  Shares in Alphabet, the parent company behind Google, fell on 26 January after its fourth-quarter earnings fell short of expectations. Net income rose 8% from a year earlier to $5.3bn (£4.2bn) for the last three months of 2016, with earnings per share coming in at $9.36. The rise in profits was helped by strong growth in mobile search and YouTube, while the firm announced that its costs had also climbed during the fourth quarter as a result of investments in its core business.
  
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• US Dollar Rebound May Fizzle on Murky Fiscal Policy Outlook

  27-01-2017 07:02
  The US Dollar mounted a spirited recovery ahead of the release of fourth quarter GDP figures but a clouded fiscal policy outlook may undermine upside follow-through.
  
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• Most Asian markets gain as major American indices hit all-time intraday highs overnight

  27-01-2017 06:28 via news.yahoo.com
  
  Spurred by positive Wall Street performance overnight, most Asian stock market indices were trading higher on Friday (27 January) as the Shanghai Composite and Kospi remained closed for the Lunar New Year holiday.
  
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• AUD/USD Technical Analysis: Aussie Breaks Key Support

  27-01-2017 05:26
  The Australian Dollarhas broken through the floor of the rising trend guiding prices higher since the beginning of the year, hinting that the long-term down trend is resuming.
  
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• Most Asia markets up, Tokyo lifted by weak yen

  27-01-2017 04:00 via news.yahoo.com
  
  Most Asian markets rose again Friday following another positive lead from Wall Street, with Tokyo boosted by a plunging yen, although traders remain nervous about the outlook for global trade with Donald Trump in the White House. After one of the best weeks in January, however, gains were tempered with investors taking a breather as they keep an eye on developments in Washington where Trump is pushing on with his "America first" agenda. The new year saw a retreat as his failure to provide any de
  
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