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FinData
Daily Market Report
for 27/08/2016
US Federal Reserve speech prompts dip in Canadian dollar, flatlines stock markets
27 Aug 2016 09:33 Globalnews.ca
WATCH ABOVE: The case for a U.S. interest rate hike is strong thanks to improving labor market and expectations for solid growth, says Federal Reserve Chair Janet Yellen.  more...
Losses Piling Up for S&P 500 as Weekly Drop Is Worst Since June
27 Aug 2016 09:45 Bloomberg
As the earnings season wraps up, almost 80 percent of S&P 500 companies have beaten profit estimates, while 55 percent topped sales expectations.  more...
Q1 2016 Sentiment Crocs Inc (NASDAQ:CROX)
27 Aug 2016 00:11 Press Telegraph
Crocs Inc (NASDAQ:CROX) institutional sentiment decreased to 0.9 in Q1 2016. Its down -0.15, from 1.05 in 2015Q4. The ratio dropped, as 78 institutional investors started new or increased holdings, while 74 sold and reduced equity positions in Crocs Inc.  more...
Australian Dollar May Fall Further on Fed vs. RBA Policy Bets
27 Aug 2016 15:00 DailyFX
The Australian Dollar continued to trade lower last week as hawkish commentary from Federal Reserve Chair Janet Yellen fueled near-term rate hike speculation, weighing on the yield-sensitive currency (as expected).  more...
FTSE 100 set for 'exuberant' Friday?
26 Aug 2016 22:52 Interactive Investor
As always, please remember our Friday FTSE relates to the market during trading hours, not before- or after-hours futures. We'd hoped this, effectively the last week of August, would continue the month's flamboyant behaviour, but instead, the market ...  more...
Could the Japanese Yen Finally Break Down?
27 Aug 2016 11:26 DailyFX
Weaker-than-expected Japanese inflation data should have sent the Yen lower versus the US Dollar (USD/JPY higher) as National Consumer Price Index figures showed the country saw deflation for the fourth-consecutive month.  more...
Neuberger Berman California Intermediate Municipal Fund Inc. (NBW) Ex-Dividend ...
27 Aug 2016 01:07 Nasdaq
Neuberger Berman California Intermediate Municipal Fund Inc. ( NBW ) will begin trading ex-dividend on August 29, 2016.  more...
South African usage of yuan for Chinese payments soars
27 Aug 2016 01:30 BDlive
JULY 2016 SWIFT data show that the number of payments denominated in Chinese yuan or renminbi (RMB) for direct payments between SA and China increased by 65% over the past year and by 112% in the past two years.  more...
Bombardier Lays Off Several Montreal Employees As Part Of 'Workforce Optimization'
27 Aug 2016 10:18 Huffington Post Canada
MONTREAL - Bombardier handed out pink slips Friday to aerospace employees in Montreal as part of its efforts announced in February to trim 7,000 workers over two years.  more...
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