DailyMarkets.com - Favorable Interest Rates And Inflationary Concerns To Support Gold

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• Favorable Interest Rates And Inflationary Concerns To Support Gold
• Port Of L.A. Sets New Export Record In 2010
• World Industrial Output Is Above Pre-Recession Level And International Trade Is Not Far Behind
• Forex – EUR/USD Weekly Outlook: January 24-28
• The State Of The Union: What The President Should Say
• Forex – GBP/USD Weekly Outlook: January 24-28

Favorable Interest Rates And Inflationary Concerns To Support Gold Posted: 23 Jan 2011 11:40 AM PST After a record ten straight years of annual gains, gold has entered a critical phase in one of its longest rallies. Markets are abuzz with contradictory views on whether gold will continue to rise in 2011. Signs of a slowdown are apparent in the short to medium-term. However, we investigate two compelling factors affecting gold prices and find out why there is no reason that the prolonged rally does not continue well into this year as well. Interest Rates and Gold Prices The Fed … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Port Of L.A. Sets New Export Record In 2010 Posted: 23 Jan 2011 10:57 AM PST “Year-over-year container traffic at the Port of Los Angeles surged 16 percent in 2010, with a record number of exports leading the way. Port exports rose 10.3 percent in 2010 to 1,841,274 TEUs compared to 1,668,911 in 2009 and surpassed the previous container export record of 1,782,502 TEUs in 2008 (see chart above). Meanwhile, imports increased 12.8 percent in 2010 (3,973,933 TEUs) compared to 2009 (3,524,386 TEUs).” With this 16 percent increase in 2010 container volumes, the Port of Los … [visit site to read more] or compare Best Credit Cards and Best CD Rates

World Industrial Output Is Above Pre-Recession Level And International Trade Is Not Far Behind Posted: 23 Jan 2011 08:39 AM PST The chart above is based on data from the World Trade Monitor (CPB Netherlands Bureau for Economic Policy Analysis) and shows monthly World Industrial Production and World Trade from January 1991 to November 2011.  As the chart shows, global output has made a complete recovery from the sharp decline of 12% from March 2008 to February 2009, and output is now almost 3% above the March 2008 peak.  Global trade suffered an even-greater 20% drop over approximately the same period, from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Weekly Outlook: January 24-28 Posted: 23 Jan 2011 07:59 AM PST Forex Pros – Last week saw the euro close trading at a two-month high against the U.S. dollar, as fears over the sovereign debt crisis in the single currency bloc eased and after a report showing that German business sentiment rose to a record high in January. EUR/USD hit 1.3243 on Monday, the pair’s lowest since January 13; the pair subsequently consolidated at 1.362 by close of trade on Friday, surging 1.73% over the week. The pair is likely to find support at 1.3448, Friday's low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The State Of The Union: What The President Should Say Posted: 23 Jan 2011 07:47 AM PST The President will have to devote a big part of his speech to the economy, but which economy? Corporate profits are up but jobs and wages remain in the doldrums. People with lots of financial assets, or who are deemed "talent" by large corporations, are enjoying a solid recovery. But most Americans continue to struggle. In order for the public to understand what must be done, the President has to be clear about what has happened and why. Corporations are profiting from sales of their … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Weekly Outlook: January 24-28 Posted: 23 Jan 2011 07:42 AM PST Forex Pros – Last week saw the pound close sharply higher against the U.S. dollar on the view that the Bank of England will be forced to raise interest rates in the near term as inflation continues to rise. GBP/USD hit 1.6058 on Tuesday, the pair's highest since November 22; the pair subsequently consolidated at 1.5997 by close of trade on Friday, gaining 0.83% over the week. Cable is likely to find support at 1.5866, Friday's low and resistance at 1.6058, Tuesday's high. On Tuesday, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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