ADVFN Newsdesk - Rate Hike Expectations Sapping Risk Appetite

ADVFN  World Daily Markets Bulletin Daily world financial news Friday, 31 July 2015 09:03:35    Monitor Quote Charts News Toplists Forex Boards   The 10-Minute Investor Consistently outperform the market in less than 10 minutes a day.  Discover a step-by-step system to move from inconsistent to consistent gains in the stock market. Break free of the old, broken investing model and plug-in to a successful investing plan. Attend my free webinar and learn: My 3-Part stock buying checklist My 10-Minute Routine 4 big mistakes to avoid. LEARN MORE US Market NYSE AMEX Dow Jones Nasdaq Please click on the images to view our interactive charts The major U.S. index futures are pointing to a lower opening on Friday, with sentiment reflecting nervousness as the monetary policy course appears increasingly uncertain. The dollar is firmer on rate hike expectations and commodities continue to languish. With earnings presenting a mixed picture, the markets could focus on a regional manufacturing and consumer sentiment data, both due after the markets open. Bond yields are easing. The mood across the Atlantic is also tentative. U.S. stocks ended a lackluster session on Thursday mixed, as softer than excepted but still robust GDP growth, mixed earnings and the extended sell-off in commodities impacted sentiment. The major averages opened lower and fell sharply in early trading but showed a notable recovery not long after the start of trading. The Dow Industrials traded close to the unchanged line for the rest of the session and ended down 5.41 points or 0.03 percent at 17,746 and the S&P 500 Index also nervously flirted with the unchanged line in the afternoon before ending up 0.06 points at 2,109. Meanwhile, the Nasdaq Composite recovered strongly and hovered in positive territory for the rest of the session. The index ended 17.05 points or 0.33 percent higher at 5,129. Among the thirty Dow components, sixteen stocks ended higher, while the remaining fourteen stocks retreated. United Technologies (UTX), Microsoft (MSFT), McDonald's (MCD) and Caterpillar (CAT) were among the biggest gainers of the session, while Procter & Gamble (PG) tumbled over 4 percent in reaction to its quarterly results. Among the sectors, gold, oil and brokerage stocks moved to the downside, while computer hardware stocks found some buying interest. On the economic front, the Commerce Department reported that second quarter GDP rose 2.3 percent sequentially in the second quarter following an upwardly revised 0.6 percent increase in the first quarter. The first quarter GDP was earlier reported to have declined by 0.2 percent. Historical revisions revealed that GDP growth for the period from 2011 through 2014 was revised down to 2.1 percent from 2.4 percent. In the second quarter, personal spending rose a better than expected 2.9 percent, with consumption of goods boosting spending. At the same time, gross private investment was weak, showing just 0.3 percent growth. Inventories deducted 0.08 percentage points from growth, while net exports added 0.13 percentage points to growth. Meanwhile, the Labor Department reported that jobless claims rose to 267,000 in the week ended July 25th from an unrevised reading of 255,000 in the previous week. Economists had expected claims to climb to 272,000. The four-week average fell to 274,750 from 278,500. Continuing claims calculated with a week's lag rose by 46,000 to 2.262 million. Market Shrink Predicts Market Reversal dates in Advance What if you knew when the markets were going to reverse - weeks in advance? Market timing guru Wood Dorsey can tell you. His Sentiment Timing report makes that infomation available to retail investors.  Click here to get the date of the next market reversal Free US Economic Reports CADUSD Oil Gold Allbanc Please click on the images to view our interactive charts The Labor Department is set to release its employment cost index for the second quarter at 8:30 am ET. Economists expect the index to have risen 0.6 percent sequentially compared to the 0.7 percent increase in the first quarter. MNI Indicators is scheduled to release the results of its Chicago business survey at 9:45 am ET. Economists expect the business barometer to have increased to 50 in July from 49.4 in June. Activity in the region contracted in June, although at a slower rate. The business barometer increased to 49.4 from 46.2 but remained below 50. The employment index slipped to its lowest levels since November 2009 and the order backlogs index declined to its lowest level since September 2009. On the other hand, the new orders index showed a notable increase, climbing back above 50. The University of Michigan is due to release the results of its final U.S. consumer sentiment survey for July. The consensus estimate calls for an upward revision to 94.1 from the flash estimate of 93.3. 4 Days, 4 Trades, +40% Average Returns! After years of develoment and testing , a lead stock options trader has develped a simple system that harnesses the power and leverage of options, yet is so easy to use anyone can do it. He'll show you step-by-step how he found and placed 4 trades, and in just 4 days they averaged +40% returns! See exactly how you can use this 10 minute strategy for yoursef by clicking here. Stocks in Focus FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts Amgen (AMGN) reported second quarter earnings and revenues that bettered estimates and it also raised its full year earnings and revenue guidance. Electronic Arts (EA) reported better than expected first quarter results but issued weak second quarter guidance. Notwithstanding the company lifting its full year guidance, it was still below estimates. LinkedIn (LNKD) reported better than expected second quarter results and raised its earnings per share guidance for the full year. Exxon Mobil (XOM) reported below-consensus earnings for its second quarter, while its revenues were above estimates. Seagate's (STX) fourth quarter results exceeded estimates. Tyco International (TYC) reported better than expected second quarter results, while its revenues were shy of estimates. The company's full year guidance was positive, although its fourth quarter guidance was weak. Synaptics (SYNA) reported below-consensus results for its fourth quarter and issued weak revenue guidance for the first quarter. Broadcom's (BRCM) second quarter results trailed expectations and its third quarter revenue guidance was weak. Western Union (WU) reported better than expected second quarter results and the company's full year guidance was in line. Hanesbrands (HBI) reported in line second quarter earnings per share, while its revenues were shy of estimates. The company lowered its full year earnings per share guidance slightly. Fluor (FLR) reported below-consensus results for its second quarter and also lowered its full year earnings per share guidance. YRC Worldwide (YRCW) reported better than expected second quarter earnings, although its revenues missed expectations. Ingram Micro's (IM) second quarter adjusted net income beat estimates, while its revenues were below expectations. The company's third quarter guidance was lackluster. Expedia (EXPE) reported better than expected second quarter adjusted earnings per share and in line revenues. The company also raised its dividend by 33 percent. KLA-Tencor (KLAC) reported fourth quarter results that exceeded estimates. ResMed (RMD) reported above-consensus earnings and revenues for its fourth quarter. First Energy (FE) reported better than expected second quarter results and reaffirmed its full year operating earnings per share guidance that is in line. However, the company's third quarter operating earnings per share guidance is weak. Liberty Global (LBTYA) announced that it has acquired 138.7 million shares of ITV, increasing its stake in the U.K. commercial broadcaster to 398.5 million shares or about 9.9 percent. Confused by options but KNOW there's massive potential? If you're feeling that way...don't. I'll GIVE you the  Complete Guide To Understanding Options Trading. It'll give you the actionable strategies, understanding, and insight YOU need to become the options trader you know you can be...Get the FREE eBook HERE… European Markets European stocks opened higher but have been seeing volatility since then, as traders digest domestic earnings and economic news. In corporate news, French banking giant BNP Paribas reversed to a profit in its second quarter and also reported revenue growth. Airbus reported a modest increase in its first half core operating profit and revenues and affirmed its full year forecast. Meanwhile, hurt by charges, Lloyds reported first half profits that trailed estimates. IAG, which owns British Airways, reported strong profit growth for its first half. Arcelor Mittal (MT) reported higher profits for its second quarter, although it warned on weakness in emerging markets. BG Group, which has agreed to be bought by Shell (RDS), reported better than expected second quarter results on strong production growth. Carrefour reported a decline in its first half profits, though the drop was less than feared. On the economic front, the flash estimate released by Eurostat showed that annual inflation in the euro zone was positive for the third straight month in July. The annual inflation rate was 0.2 percent, the same as in June and in line with expectations. A separate report showed that the jobless rate for the eurozone came in at 11.1 percent in June, slightly ahead of the 11 percent rate expected by economists. A report released by the German Federal Statistical Office showed that retail sales fell a seasonally and calendar adjusted 2.3 percent month-over-month in June compared to a 0.4 percent increase in May. Economists had expected a 0.3 percent increase for the month. However, the annual growth of 5.1 percent exceeded expectations. The results of a survey by GfK showed that its U.K. consumer confidence index weakened to 4 in July from 7 in June. Economists expected a more modest drop to 5. +$1 million Profit on Tesla...in TWO DAYS!? Simple...right place, time, strategy. But it was options he used to make a once in a lifetime trade. Today you've got a chance to learn the exact strategies that lead to a million-dollar trade. FREE! The Complete Guide To Understanding Options (Click here to receive a complimentary copy) Asian markets USDCAD USDEUR USDGBP USDJPY Please click on the images to view our interactive charts Most Asian markets advanced despite the lackluster lead from Wall Street overnight, although the Chinese and Singaporean markets fell sharply. The Japanese market rose amid the yen's weakness, as the currency reacted to some weak domestic data. After staying below the unchanged line for much of the session in the morning, the Nikkei 225 Index moved steadily higher in the afternoon. The index ended up 62.41 points or 0.30 percent at 20,585. Export and financial stocks ended mostly higher. Meanwhile, paper, steel, mining, food, heavy machinery, retail, marine transportation and telecom stocks moved to the downside. Australia's All Ordinaries Index hovered above the unchanged line throughout the session before ending up 28.60 points or 0.51 percent at 5,682. Most sectors advanced, led by healthcare, IT and real estate stocks. On the other hand, the resource space came under selling pressure. Hong Kong's Hang Seng Index ended at 24,636, up 138.30 points or 0.56 percent. Meanwhile, the Chinese market continued its volatile ride, with the Shanghai Composite Index ending down 42.04 points or 1.13 percent at 3,664. On the economic front, a slew of data released from Japan was lackluster. A Ministry of Internal Affairs and Communication report showed that annual core consumer price inflation came in at 0.1 percent in June, the same as in May. Economists expected a 0 percent rate. A separate report showed that the jobless rate in Japan rose to 3.4 percent in June from 3.3 percent in May. A third report showed that household spending fell 2 percent year-over-year in June compared to the 1.9 percent growth expected by economists. Average consumption spending per household was down 1.4 percent. Japan's housing starts grew at an accelerated pace and construction orders rebounded in June, data from the Ministry of Land, Infrastructure, Transport and Tourism showed. The Australian Bureau of Statistics reported that producer prices in Australia rose 0.3 percent sequentially in the second quarter compared to the 0.5 percent increase in the first quarter. Annually, producer prices were up 1.1 percent, faster than the 0.7 percent increase in the first quarter. A report released by the Reserve Bank of Australia showed that private sector credit in Australia rose 5.9 percent year-over-year in June, below the 6 percent rate expected by economists and the 6.2 percent rate in May. We have your book on hold... Best-selling author Jim Rickards has just released a new book called The Big Drop. Inside, it warns of a few critical dangers that every American should begin preparing for right now. However, this book is not available for sale. Instead, we're on a nationwide campaign to spread the book far and wide for FREE. Click here to learn how to claim a copy Currency and Commodities Markets Crude oil futures are receding $0.34 to $48.18 a barrel after sliding $0.27 to $48.52 a barrel on Thursday. An ounce of gold is trading currently $1,083.80, down $4.90 from the previous session's close of $1,088.70. On Thursday, gold fell $4.60. On the currency front, the U.S. dollar is trading at 123.98 yen compared to the 124.14 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued at $1.0943 compared to yesterday's $1.0932.     To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49

Morning Euro Markets Bulletin

ADVFN  Morning Euro Markets Bulletin Daily world financial news Friday, 31 July 2015 09:49:57 Monitor Quote Charts News CFD's Spreadbetting Free BB   Sponsored by: Accendo Trade smart: The complete A-Z of CFD trading mistakes To help you avoid mistakes typically made by investors, we cover 10 of the most common to help extend your trading lifetime to become as profitable as possible. Get your copy of this report >> Losses can exceed deposits London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts London open: Shares open slightly higher ahead of US data The FTSE 100 opened indecisively as investors sifted through earnings and looked ahead to US data releases. Lloyds Banking Group dominated the headlines after posting a 15% increase in underlying first-half profits to £4.4bn and a 38% increase in statutory profits to £1.2bn. The lender set aside an extra £1.4bn provision for PPI mis-selling, which was higher than analysts expected and declared a token interim dividend of 0.75p per share. ITV led the early risers, as US media giant Liberty Global upped its stake in the broadcaster to just under 10%. In the oil and gas sector, BG Group posted a 65% slump in second-quarter net income on the back of declining oil prices. The company, which has agreed to a takeover by Royal Dutch Shell, posted net income of $429m, down from £1.21bn, on revenue of $3.98bn, down 28% from $5.50bn. Elsewhere in the resources space, Chilean miner Antofagasta saw its shares fall after it announced that it had agreed to a $1.01bn deal to acquire a 50% interest in the Zaldivar copper mine from Barrick Gold. The immediately earnings-enhancing deal will be funded from the company balance sheet and consists of $980m upon closing and five annual payments of $5m per year, starting in 2016. Meanwhile, the government is set to launch its first sale of Royal Bank of Scotland shares since the lender's £46bn taxpayer-funded rescue nearly seven years ago, marking the beginning of the bank's return to private ownership. Bankers have been sounding out investors for the past week about a sale of RBS stock that could begin in the next few days. In economic data, the UK will see no major releases due but in the US, eyes will be on the Chicago PMI at 1445 BST and University of Michigan sentiment at 1500 BST. Earlier, data showed the closely watched UK GfK monthly consumer sentiment index fell to +4 in July after jumping to +7 last month; the highest since January 2000. Looking further afield, some of the world's largest companies have sounded the alarm over the slowdown in the Chinese economy, warning that weaker growth would hit profits in the second half of the year. The Financial Times said car companies such as PSA Peugeot Citroën, Audi and Ford have slashed growth forecasts while industrial goods groups such as Caterpillar and Siemens have all spoken out on the negative impact of China. The prospect of a new €86bn (£60.2bn) bail-out package for Greece was thrown into fresh turmoil on Thursday, after the International Monetary Fund cast severe doubts on the Greek government's ability to carry out radical reforms, the Daily Telegraph reported. In a leaked four-page staff assessment, the IMF's executive board was told the world's "lender of last resort" could no longer continue pumping more money into the debtor country. Is Lloyds About To Be Sold Off Cheaply? Dear Subscriber, It’s official… The last of the government’s stake in Lloyds is to be sold off. And this time, the ‘little guy’ can get involved. There’s rumours of a big discount, but we think there could be a bigger opportunity… Download Your Free Report Now Market Movers techMARK 3,199.18 +0.28% FTSE 100 6,674.15 +0.08% FTSE 250 17,557.06 +0.21% FTSE 100 - Risers ITV (ITV) 276.60p +1.84% TUI AG Reg Shs (DI) (TUI) 1,086.00p +1.40% Ashtead Group (AHT) 977.00p +1.35% Persimmon (PSN) 2,012.00p +1.31% Meggitt (MGGT) 461.60p +1.27% Royal Mail (RMG) 499.00p +1.26% Merlin Entertainments (MERL) 418.30p +1.04% International Consolidated Airlines Group SA (CDI) (IAG) 547.00p +0.92% Travis Perkins (TPK) 2,214.00p +0.91% easyJet (EZJ) 1,659.00p +0.91% FTSE 100 - Fallers InterContinental Hotels Group (IHG) 2,668.00p -2.73% Antofagasta (ANTO) 569.50p -1.89% Weir Group (WEIR) 1,534.00p -1.35% Fresnillo (FRES) 637.50p -1.16% Glencore (GLEN) 208.85p -1.02% Anglo American (AAL) 798.00p -0.96% Randgold Resources Ltd. (RRS) 3,782.00p -0.81% Smiths Group (SMIN) 1,126.00p -0.79% BP (BP.) 398.00p -0.75% Hikma Pharmaceuticals (HIK) 2,390.00p -0.62% FTSE 250 - Risers JD Sports Fashion (JD.) 814.50p +9.11% Pets at Home Group (PETS) 292.20p +4.36% UBM (UBM) 526.00p +3.75% Just Retirement Group (JRG) 192.00p +2.13% Enterprise Inns (ETI) 116.00p +2.11% Henderson Group (HGG) 277.50p +2.10% Synergy Health (SYR) 1,740.00p +2.05% Spire Healthcare Group (SPI) 375.60p +1.76% Pace (PIC) 366.30p +1.72% Howden Joinery Group (HWDN) 485.60p +1.57% FTSE 250 - Fallers Essentra (ESNT) 897.50p -6.51% Moneysupermarket.com Group (MONY) 281.70p -4.83% Kaz Minerals (KAZ) 162.40p -4.13% Thomas Cook Group (TCG) 122.20p -2.94% Cairn Energy (CNE) 159.00p -2.81% Acacia Mining (ACA) 238.10p -2.74% Premier Oil (PMO) 132.70p -2.71% Lonmin (LMI) 52.50p -2.42% Tullow Oil (TLW) 241.40p -2.11% Vedanta Resources (VED) 377.00p -2.08% FTSE TechMARK - Risers UCW Limited (UCW) A$0.01 +9.09% Oxford Biomedica (OXB) 9.49p +5.44% SDL (SDL) 408.00p +2.00% KCOM Group (KCOM) 95.25p +0.79% Sepura (SEPU) 156.50p +0.64% NCC Group (NCC) 235.00p +0.21% Skyepharma (SKP) 279.25p +0.18% IShares Euro Gov Bond 7-10YR UCITS ETF (IEGM) € 201.34 +0.11% FTSE TechMARK - Fallers RM (RM.) 167.00p -4.43% Innovation Group (TIG) 32.00p -0.78% Dialight (DIA) 547.50p -0.64% Spirent Communications (SPT) 93.25p -0.53% UK Event Calendar Friday 31 July INTERIMS Berendsen, COLT Group SA, IMI, International Consolidated Airlines Group SA (CDI), Lloyds Banking Group, UBM INTERIM DIVIDEND PAYMENT DATE Inland Homes QUARTERLY PAYMENT DATE Ediston Property Investment Company, JP Morgan Chase & Co, Mercantile Investment Trust (The), Middlefield Canadian Income PCC, Schroder Income Growth Fund, Torchmark Corp., TwentyFour Select Monthly Income Fund Limited INTERNATIONAL ECONOMIC ANNOUNCEMENTS Chicago PMI (US) (14:45) International Reserves (EU) (11:00) Unemployment Rate (EU) (10:00) GMS Berkeley Resources Ltd. (DI), Independent Oil & Gas ANNUAL REPORT Mercia Technologies SPECIAL DIVIDEND PAYMENT DATE 3i Infrastructure, Schroder UK Growth Fund AGMS 3Legs Resources, Albion Venture Capital Trust, Charles Stanley Group, KCOM Group, Montanaro UK Smaller Companies Inv Trust, Ormonde Mining, Securities Trust of Scotland, Vitesse Media, Walker Crips Group TRADING ANNOUNCEMENTS Kirkland Lake Gold Inc., Sophos Group UK ECONOMIC ANNOUNCEMENTS Consumer Confidence (09:30) GFK Consumer Confidence (00:05) FINAL DIVIDEND PAYMENT DATE Acal, Anpario, Bisichi Mining, Braemar Shipping Services, Brown (N.) Group, Burberry Group, Crawshaw Group, Edinburgh Inv Trust, Grafenia , GTS Chemical Holdings , Helical Bar, Impellam Group, Octopus Apollo VCT, Palace Capital , Panther Securities, ProVen Growth & Income VCT, ProVen VCT, Royal Mail, Shanks Group, Tate & Lyle When Can You Retire? If you have £250,000, download the guide for retirees written by Forbes columnist and money manager Ken Fisher's firm. Even if you have something else in place, this must-read guide includes research and analysis you can user right now. Don't miss it! Europe Market Report FTSE 100 Euronext Dax perf CAC 40 Europe open: Stocks flit between gains and losses as investors digest earnings European stocks flitted between small gains and losses in fairly quiet trade as investors sifted through another batch of earnings reports. At 0915, the benchmark Stoxx Europe 600 index was down 0.1%, Germany's DAX was 0.1% higher and France's CAC 40 was up 0.4%. "European shares are trading little changed this morning as once again solid corporate earnings out of Europe are being neutralised by weaker Chinese markets," said Markus Huber, senior analyst at Peregrine & Black. "Concerning China all eyes are on the release of tomorrow's important manufacturing and non-manufacturing PMIs. Further indications that the economy is still not anywhere close to turning the corner could certainly spook Chinese stocks again which already have been battered substantially over the past few weeks," he added. China's Shanghai Composite fell over 1% on Friday. Shares in French bank BNP Paribas made strong gains after it swung to a profit of €2.56bn in the second quarter, compared with a loss of €4.22bn the previous year. Carrefour nudged a touch higher after it reported a rise in first-half profit on the back of stronger sales in its home market, while Airbus rallied after posting a 6% increase in first-half core operating profit. BG Group edged higher. Although it posted a 65% slump in second-quarter net income on the back of declining oil prices, the numbers were still ahead of expectations. British Airways and Iberia owner International Consolidated Airlines Group pushed up after it it beat profit forecasts for the second quarter and said it enjoyed a 5.6% increase in passengers. On the downside, Vallourec slumped nearly 6% after saying its net loss worsened in the second quarter and cautioning that falling demand in the oil and gas industry will hit the second half. In London, shares in Lloyds Banking Group slipped. The bank reported a 15% increase in underlying first-half profits but its second-quarter disappointed. PROVEN Trading Strategy - Made 7478 pips in 2014 and 5176 by April 2015. Earn a tax free income trading, from just 20 minutes a day.  Our simple to follow, rules based trading strategy will  tell you exactly when to buy and sell with confidence. Register for a FREE brochure and trading guide, Click Here. US Market Report US close: Stocks end mixed following strong GDP data, disappointing jobless claims US stocks recovered from earlier losses and closed mixed on Thursday following the release of a report which showed the economy grew in the second quarter, while weekly jobless claims remained near their lowest level in decades. The Dow Jones Industrial Average fell 0.03% to 17,746 points, while the S&P 500 gained 0.02% and the Nasdaq rose 0.34%. Economic activity in the US climbed in the second quarter of the year to a reach an annualised pace of 2.3%, falling short of analysts' expectations for a 2.5% reading. However, the pace of growth for the first three months of the year was revised up to show a gain of 0.6% instead of the previous estimate which revealed a contraction of 0.2%, according to the Bureau of Economic analysis. "The new data, and the first quarter revisions in particular, remove a worrying sense of doubt about the health of the economy that will have given cautious policymakers a reason to hold back on hiking interest rates for the first time since rates were effectively cut to zero at the height of the global financial crisis," said Markit's chief economist Chris Williamson. Meanwhile, over the seven days ending on 25 July initial jobless claims increased by 12,000 to reach 267,000, according to the Department of Labour compared with a forecast of 275,000. "The smaller-than-expected bounce in initial claims following last week's remarkably low reading supports our view that US labor market momentum remains solid," analysts at Barclays said in a note. Capital Economics analysts said the data was received with "near despair" explaining the big disappointment was the stagnation in wages. The Federal Reserve kept interest rates on hold but signalled its intention to start raising interest rates in the summer, depending on economic data. "Dealers have a short-term mindset, and as soon as they heard nothing to warrant an interest rate hike in the immediate future they jumped on the bandwagon, but it was short lived," said IG's financial analyst David Madden. "Some traders are looking to September for an interest rate hike, and others think it's too soon, but the Fed has been intentionally cagey and September can't be ruled out." In company news, Linkedin jumped 8% after close as it reported second-quarter adjusted earnings of 55c, ahed of expectations of 30c. Social media giant Facebook fell 1.84% after reporting a decline in second quarter earnings. Whole Foods plunged 11% after posting results that fell short of forecasts late on Wednesday, while phone-maker Nokia jumped 7.53% after delivering better-than-expected results. Cable-TV provider Time Warner Cable shed 0.74% after reporting a 19% drop in adjusted second quarter profit, which was short of analysts' expectations. Consumer-goods company Procter & Gamble Co. fell 4% after its fourth-quarter revenue slightly missed consensus, while oral and personal care Colgate-Palmolive lost 7.7% despite delivering results that met forecast. Oil and gas explorer ConocoPhillips slipped 1.55%, despite saying it remained on track to achieve the higher end of its 2015 production target. Open a new account & trade online for just £5.95 for your first 3 months Better platform, Better tools,  Better welcome,  Better trading - TD Direct Investing. Find out more You may not get back all the money you invest  Newspaper Round Up Friday newspaper round-up: Government RBS share sale, automotive slowdown The government is set to launch its first sale of Royal Bank of Scotland shares since the lender's £46bn taxpayer-funded rescue nearly seven years ago, marking the beginning of the bank's return to private ownership. Bankers have been sounding out investors for the past week about a sale of RBS stock that could begin in the next few days. - The Times Some of the world's largest companies have sounded the alarm over the slowdown in the Chinese economy, warning that weaker growth would hit profits in the second half of the year. Car companies such as PSA Peugeot Citroën, Audi and Ford have slashed growth forecasts while industrial goods groups such as Caterpillar and Siemens have all spoken out on the negative impact of China. - The Financial Times The prospect of a new €86bn (£60.2bn) bail-out package for Greece was thrown into fresh turmoil yesterday, after the International Monetary Fund cast severe doubts on the Greek government's ability to carry out radical reforms. In a leaked four-page staff assessment, the IMF's executive board was told the world's "lender of last resort" could no longer continue pumping more money into the debtor country. - The Daily Telegraph Alexis Tsipras won his battle with a mutinous far-left faction in the governing Syriza party after a day of tense discussions that laid bare deepening divisions within the party over a new €86bn bailout being negotiated with Greece's creditors. The prime minister's proposal to hold an extraordinary party congress in September to examine the bailout once it has been completed was approved by Syriza's 200-strong central committee in Athens early on Friday, without resorting to a roll-call vote. - The Financial Times   New ADVFN Service - FREE Reports Get your free report on Isa's, Investment Trusts, Funds, Sipps Travel and Cars - FREE and Easy service CLICK HERE To advertise in the Euro Markets Bulletin please contact patrick@advfn.co.uk     To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49

ADVFN Newsdesk - Sentiment Cautious as Second Quarter Growth Soft

ADVFN  World Daily Markets Bulletin Daily world financial news Thursday, 30 July 2015 09:39:30    Monitor Quote Charts News Toplists Forex Boards   The 10-Minute Investor Consistently outperform the market in less than 10 minutes a day.  Discover a step-by-step system to move from inconsistent to consistent gains in the stock market. Break free of the old, broken investing model and plug-in to a successful investing plan. Attend my free webinar and learn: My 3-Part stock buying checklist My 10-Minute Routine 4 big mistakes to avoid. LEARN MORE US Market NYSE AMEX Dow Jones Nasdaq Please click on the images to view our interactive charts The major U.S. index futures are pointing to a lower opening on Thursday, with sentiment reflecting uneasiness following yesterday's advance. With the rate hike itinerary still in doubt and the advance second quarter GDP report showing a smaller than expected rebound in growth, the markets may choose to remain cautious. Meanwhile, the dollar is firmer, as commodities continue to see weakness. U.S. stocks advanced once again on Wednesday, as the Fed statement relayed optimism concerning the economy. The major averages opened higher and after a short sideways movement in early trading, the averages moved steadily higher till early afternoon trading. After trending sideways, the indexes rose sharply in reaction to the post-meeting policy statement and then consolidated their gains in the last hour of trading. The Dow Industrials ended up 121.12 points or 0.69 percent at 17,751, the S&P 500 Index rallied 15.32 points or 0.73 percent before ending at 5,112 and the Nasdaq Composite ended at 2,109, up 15.23 points or 0.73 percent. Twenty-six of the thirty Dow components closed higher and one stock ended unchanged, while the remaining three stocks declined. Boeing (BA), Merck (MRK), Microsoft (MSFT), Verizon (VZ) and Visa (V) were among the best performers of the session. Among the sectors, transportation, resource, retail, housing and brokerage stocks gained notably. On the other hand, biotechnology stocks retreated on profit taking. On the economic front, the Fed statement presented an upbeat economic picture but at the same time did not commit to an itinerary for the first rate hike. The central bank's assessment that the economy is expanding moderately was left intact. There was an also upgrade to the central bank's view on the housing market, which was said to be seeing additional improvement. The labor market was said to be seeing continued improvement, with solid job gains and declining unemployment. Meanwhile, the National Association of Realtors reported that pending home sales fell 1.8 percent month-over-month in June, belying expectations for a 1 percent increase. This compares to a downwardly revised 0.6 percent increase in the previous month. Geographically, the South and the Midwest reported declines, while the West and the Northeast saw small gains. Market Shrink Predicts Market Reversal dates in Advance What if you knew when the markets were going to reverse - weeks in advance? Market timing guru Wood Dorsey can tell you. His Sentiment Timing report makes that infomation available to retail investors.  Click here to get the date of the next market reversal Free US Economic Reports CADUSD Oil Gold Allbanc Please click on the images to view our interactive charts First-time claims for U.S. unemployment benefits rebounded in the week ended July 25th, according to a report released by the Labor Department, with claims bouncing off the more than forty-year low set in the previous week. The report said initial jobless claims climbed to 267,000, an increase of 12,000 from the previous week's unrevised level of 255,000. Economists had expected claims to rise to about 272,000. The previous week's unrevised figure represented the lowest number of initial jobless claims since November of 1973. Economic activity in the U.S. increased by less than expected in the second quarter, the Commerce Department revealed in a report on Thursday, although the report also showed a notable upward revision to the data for the first quarter. The Commerce Department said real gross domestic product increased at an annual rate of 2.3 percent in the second quarter compared to expectations for an increase of about 2.6 percent. However, the report also said first quarter GDP rose by an upwardly revised 0.6 percent compared to the 0.2 percent contraction that had been reported. The Treasury Department is scheduled announce the results of its auction of seven-year notes at 1 pm ET. 4 Days, 4 Trades, +40% Average Returns! 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Cigna (CI) said its second quarter earnings as well as consolidated revenues were higher than in the year-ago quarter. Procter & Gamble's (PG) fourth quarter earnings declined from the year-ago quarter, while its core earnings per share topped Street view. Net sales decreased nine percent driven by a negative nine percentage point impact from foreign exchange. The company also forecast fiscal 2016 core earnings per share to be slightly below to up mid-single digits. Boston Properties (BXP) reported better than expected second quarter results and raised the low end of its full year funds from operations per share guidance. Mariott International (MAR) reported better than expected second quarter earnings, but its revenues missed expectations. While the company issued weak third quarter earnings per share guidance, it raised its full year earnings per share guidance. O'Reilly (ORLY) reported better than expected second quarter results, while its full year guidance was lackluster. Western Digital (WDC) reported above-consensus earnings for its fourth quarter, but its sales missed estimates. Williams Companies (WMB) reported weaker than expected second quarter earnings and revenues and lowered its full year 2015 adjusted EBITDA guidance. Among insurers, Unum Group (UNM) reported in line second quarter operating earnings per share and better than expected revenues. Meanwhile, Lincoln National (LNC) reported below-consensus operating earnings but its revenues beat estimates. MetLife (MET) reported better than expected second quarter earnings per share, while its revenues were shy of estimates. Terex' (TEX) second quarter results exceeded expectations, but the company lowered its guidance for the full year. Manitowoc (MTW) reported below-consensus second quarter results. Wynn Resorts (WYNN) reported second quarter adjusted earnings and revenues that trailed estimates, hurt by weakness at its Macau and Las Vegas operations. Baidu.com (BIDU) announced a $1 billion stock buyback program. Rite Aid (RAD) reported a 0.1 percent month-over-month increase in front-end same store sales. Nasdaq announced that Skyworks Solutions (SWKS) will become a component of the Nasdaq 100 Index prior to the market open on August 3rd. Amgen (AMGN), Applied Micro (AMCC), Broadcom (BRCM), Cray (CRAY), Deckers Outdoor (DECK), Electronic Arts (ERTS), Expedia (EXPE), Fluor (FLR), Hanesbrand (HBI), Hutchison Technology (HTCH), Ingram Micro (IM), KLA-Tencor (KLAC), LinkedIn (LNKD), Qlogic (QLGC), Western Union (WU) and YRC Worldwide (YRCW) are among the companies due to release their quarterly results after the close of trading. Confused by options but KNOW there's massive potential? If you're feeling that way...don't. I'll GIVE you the  Complete Guide To Understanding Options Trading. It'll give you the actionable strategies, understanding, and insight YOU need to become the options trader you know you can be...Get the FREE eBook HERE… European Markets After a strong opening, European stocks turned lackluster by late morning trading. Thereafter, the averages climbed sharply, as traders react to a fresh wave of earnings and the Fed announcement. Currently, the three major averages in the region are moderately higher. In corporate news, Deutsche Bank (DB) reported higher second quarter profits, thanks to a strong performance by its investment-banking arm. Shell (RDS) announced the elimination of 6,500 jobs after reporting a decline in its second quarter profits on the back of falling oil prices. Lufthansa reported higher second quarter profits and sales but warned of a challenging second half. AstraZeneca (AZN) reported better than expected second quarter earnings on strong drug sales. Sanofi's (SNY) second quarter earnings also rose year-over-year. Alcatel-Lucent (ALU), which is set to be acquired by Nokia (NOK), reported a narrower loss and modest revenue growth for its second quarter. Meanwhile, Nokia reported a profit for its second quarter. German engineering firm Siemens (SI) reported better than expected third quarter earnings, helped by a stronger dollar. On the economic front, a report released by the German Federal Labor Agency showed that the unemployment rate in Germany remained unchanged at 6.4 percent in July, in line with expectations. The number of unemployed individuals rose by 9,000 month-over-month in July, belying expectations for a drop of 5,000. Meanwhile, Germany's Federal Statistical Agency also released its June employment report, showing an unchanged unemployed rate of 4.7 percent. The number of unemployed people rose to 1.98 million in June from 1.97 in May. The results of a survey by the European Commission showed that economic confidence in the eurozone unexpectedly improved, with the corresponding indicator rising to 104 in July from 103.5 in June. The business confidence index also improved more than expected to 0.39. Meanwhile, final estimates revealed that the consumer confidence index weakened to -7.1 in July from -5.6 in June. +$1 million Profit on Tesla...in TWO DAYS!? Simple...right place, time, strategy. But it was options he used to make a once in a lifetime trade. Today you've got a chance to learn the exact strategies that lead to a million-dollar trade. FREE! The Complete Guide To Understanding Options (Click here to receive a complimentary copy) Asian markets USDCAD USDEUR USDGBP USDJPY Please click on the images to view our interactive charts The Asian markets ended mixed, as the optimism generated by the lack of a clear cut itinerary for a U.S. interest rate hike was offset to some extent by worries concerning China. The Chinese market continued its gyration, keeping in line with its recent up and down performance. A weaker yen gave a solid lift to the Japanese market, with the Nikkei 225 Index opening higher and rising steadily in the morning. Thereafter, the average saw a consolidation move before ending up 219.92 points or 1.08 percent at 20,523. Most exporters, financial, utility, telecom and real estate stocks gained ground. Meanwhile, some food stocks and technology stocks such as Panasonic, Sony, Fujitsu, NEC, Canon and Ricoh retreated. Australia's All Ordinaries Index hovered in positive territory throughout the session, ending 43.50 points or 0.78 percent higher at 5,653. Consumer, material, IT and energy stocks advanced strongly, while real estate and healthcare stocks lost ground. Meanwhile, China's Shanghai Composite Index ended 83.40 points or 2.20 percent lower at 3,706, and Hong Kong's Hang Seng Index closed at 24,498, down 121.47 points or 0.49 percent. On the economic front, a report released by the Australian Bureau of Statistics showed that building approvals in Australia fell 8.2 percent month-over-month in June, much steeper than the 1 percent drop expected by economists. Annually, building approvals rose a less than expected 8.6 percent. A separate report showed that Australian export prices fell 4.4 percent sequentially in the second quarter compared to expectations for a 4 percent drop. Imports prices rose 1.4 percent, softer than the 1.5 percent increase forecast by economists. Meanwhile, Japan's Ministry of Economy, Trade and Industry reported that industrial production rose 0.8 percent month-over-month in June, ahead of the 0.3 percent increase expected by economists. Annually, industrial output rose 2 percent. We have your book on hold... Best-selling author Jim Rickards has just released a new book called The Big Drop. Inside, it warns of a few critical dangers that every American should begin preparing for right now. However, this book is not available for sale. Instead, we're on a nationwide campaign to spread the book far and wide for FREE. Click here to learn how to claim a copy Currency and Commodities Markets Crude oil futures are rising $0.30 to $49.09 a barrel after jumping $0.81 to $48.79 a barrel on Wednesday. The previous session's gain came amid the Fed announcement and the release of the weekly petroleum status report, which showed that crude oil stockpiles fell by 4.2 million barrels to 459.70 million barrels in the week ended July 24th. Inventories remained near levels not seen for this time of year in at least the last 80 years. Gasoline inventories fell by 0.4 million barrels but remained in the middle of the average range. On the other hand, distillate stockpiles increased by 2.6 million barrels and were in the middle of the average range for this time of the year. Refinery capacity utilization averaged 95.2 percent over the four weeks ended July 24th compared to 95.1 percent over the four weeks ended July 17th. The most actively traded gold futures for December delivery are easing $6.40 to $1,086.20 an ounce. In the previous session, the December futures ended at $1,093.30 an ounce. Among currencies, the U.S. dollar is trading at 124.31 yen compared to the 123.94 yen it fetched at the close of New York trading on Wednesday. Against the euro, the dollar is valued at $1.0949 compared to yesterday's $1.0984.     To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49