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Currencies

Reduced leverage may have unintended consequences, Citi cautions

Reduced leverage may have unintended consequences, Citi cautions

Fri, 12 February 2016

(ShareCast News) - Selling in financial markets around the world thus far has been 'orderly' but the trends in certain market metrics were pointing to the risk that regulators had got it badly wrong i... [more]

US dollar set to retreat to 95 yen by the end of 2016, Barclays says

US dollar set to retreat to 95 yen by the end of 2016, Barclays says

Fri, 12 February 2016

(ShareCast News) - Strength in the Japanese yen was set to continue throughout 2016 as the 'over-shooting' versus other currencies engineered by the country's central bank unraveled like a 'coiled spr... [more]

Eurozone industrial production unexpectedly drops in December

Eurozone industrial production unexpectedly drops in December

Fri, 12 February 2016

(ShareCast News) - Industrial output in the Eurozone unexpectedly fell in December, with energy the biggest drag, data from Eurostat showed on Friday. Output was down 1% compared with a 0.5% drop in N... [more]

Eurozone GDP up as expected in fourth quarter

Eurozone GDP up as expected in fourth quarter

Fri, 12 February 2016

(ShareCast News) - Eurozone GDP grew 0.3% in the fourth quarter, in line with the previous quarter and economists' forecasts, according to a flash estimate from Eurostat. Compared with the same quarte... [more]

German fourth quarter GDP in line with expectations

German fourth quarter GDP in line with expectations

Fri, 12 February 2016

(ShareCast News) - Gross domestic product in Germany grew 0.3% in the fourth quarter, in line with the previous quarter and economists' expectations, according to data from Destatis. "In a quarter-on-... [more]

Credit data does not yet point to a global downturn, Capital Economics says

Thu, 11 February 2016

(ShareCast News) - The US Federal Reserve's Senior Loan Officer Survey, published last week, made for grim reading, but so far the money and credit data from the four major advanced economies did not ... [more]

Fed's Yellen says there is a 'chance' of a recession

Thu, 11 February 2016

(ShareCast News) - Federal Reserve chair Janet Yellen on Thursday said there was a "chance" of a recession as financial conditions worsen abroad. Speaking to the Senate Banking Committee, Yellen said ... [more]

FX Roundup: Dollar slips further as Yellen testimony continues

Thu, 11 February 2016

(ShareCast News) - The dollar endured another torrid session against the yen on Thursday, as US Federal Reserve Chairwoman Janet Yellen's testimony to Congress neared its end. In her remarks late into... [more]

US Treasury notes may be near turning point, Unicredit says

Thu, 11 February 2016

(ShareCast News) - Unicredit's proprietary fixed-income trading models were pointing to excessive pessimism and close to reaching a 'trigger' for going 'short' US 10-year Treasury notes, the lender sa... [more]

Detection of gravitational waves confirms Einstein's theory of relativity

Thu, 11 February 2016

(ShareCast News) - Scientists have detected the presence of gravitational waves for the first time, proving part of Albert Einstein's 1915 theory of general relativity and opening up a new means of ob... [more]

Irish long-term debt auction sees strong demand

Thu, 11 February 2016

(ShareCast News) - The Irish Treasury got off €1.0bn in 10-year debt at a record low yield on Thursday in the face of election uncertainty, amid a recent sharp increase in demand for those sovere... [more]

Saudi might agree to freeze in oil production if Iran did so too, report says

Thu, 11 February 2016

(ShareCast News) - Saudi Arabia might be willing to sign-up to a Venezuelan proposal that producer countries from the Organisation of the Petroleum Exporting Countries and those from outside 'freeze' ... [more]

Swiss central bank says no to currency floor, maybe to rate cuts

Thu, 11 February 2016

(ShareCast News) - Switzerland's central bank was not ruling out taking interest rates further into negative territory this week, as concerns about fresh volatility in the Eurozone had many worried th... [more]

US initial jobless claims fall more than expected

Thu, 11 February 2016

(ShareCast News) - The number of first time unemployment benefits claimants in the US fell more than expected last week, signalling a degree of resilience in the labour market. According to the Depart... [more]

BoJ intervenes for second time to weaken yen

Thu, 11 February 2016

(ShareCast News) - The Bank of Japan reportedly intervened for a second time this week on Thursday afternoon in a bid to weaken its currency. At approximately 12:28GMT, the BoJ intervened in the dolla... [more]

UBS sees signs of capitulation in markets, QE-effects on asset prices will stick

Thu, 11 February 2016

(ShareCast News) - Investors in so-called quality-stocks should be wary, given the extreme divergence in valuations reached versus so-called 'value' stocks, UBS cautioned on Thursday. Such extremes ha... [more]

Banks' valuations now appealing, worst of crude oil drop past, Credit Suisse says

Thu, 11 February 2016

(ShareCast News) - Markets are interpreting the drop in the price of crude oil as the result of falling demand, but they were mistaken, a top-ranked strategist said. How markets were interpreting the ... [more]

Banks' valuations now appealing, worst of crude oil drop past, Credit Suisse says

Thu, 11 February 2016

(ShareCast News) - Markets are interpreting the drop in the price of crude oil as the result of falling demand, but they were mistaken, a top-ranked strategist said. How markets were interpreting the ... [more]

Sweden cuts interest rates by more than expected, Gilts jump

Thu, 11 February 2016

(ShareCast News) - Sweden's central bank trimmed its main policy interest rate on Thursday by more than had been expected, brushing aside worries of a housing market bubble and strong domestic demand ... [more]

UK's Brexit deal with EU hits opposition from France, eastern Europe

Thu, 11 February 2016

(ShareCast News) - The draft accord between the United Kingdom and the European Union on modifying the terms of Britain's membership ran into some opposition from France and a group of Eastern Europea... [more]

Fed chair Janet Yellen's speech - Analysts react

Wed, 10 February 2016

(ShareCast News) - "Fed Chair Yellen's Testimony does not close the door to a March rate hike, given that the meeting is still more than a month away, but if the committee loses its nerve in the face ... [more]

FX Roundup: Yen spikes, euro falters after Yellen comments

Wed, 10 February 2016

(ShareCast News) - The dollar fell against selected crosses on Wednesday, while the yen spiked early in the session and maintained gains well into the European afternoon. In prepared remarks for her s... [more]

EU and US reach agreement on derivatives

Wed, 10 February 2016

(ShareCast News) - The European Union and the US have reached an agreement over derivatives that will see them adopt a "common approach" to clearing houses' requirements, ending a long-standing disput... [more]

Tighter financial conditions could weigh on economic outlook, Fed's Yellen says

Wed, 10 February 2016

(ShareCast News) - Financial conditions in the US had become "less supportive" of economic growth and could weigh on the outlook should they persist, the chair of the US Federal Reserve, Janet Yellen,... [more]

Yellen testimony could become "verbal slugfest"

Wed, 10 February 2016

(ShareCast News) - Federal Reserve chair Janet Yellen is set to deliver her half yearly testimony on Wednesday afternoon and one market analyst believed some lawmakers may see it as an opportunity to ... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
TripAdvisor Inc. 61.07 12.36 22:04
Cisco Systems Inc. 24.68 9.64 22:09
O'Reilly Automotive Inc. 249.42 5.42 21:51
Tesla Motors Inc 150.47 4.73 22:05
Dish Network Corp. 41.55 4.63 22:03

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Mylan Inc. 41.42 -18.05 22:02
Incyte Corp. 65.51 -9.40 22:00
Endo International Plc 48.49 -4.92 22:04
Seagate Technology Plc 29.03 -3.84 22:03
Celgene Corp. 99.59 -3.46 22:09