Sunday, January 2, 2011

DailyMarkets.com - Forex – USD/JPY Weekly Outlook: January 3-7

DailyMarkets.com - Forex – USD/JPY Weekly Outlook: January 3-7


Forex – USD/JPY Weekly Outlook: January 3-7

Posted: 02 Jan 2011 02:36 AM PST

Forex Pros – The U.S. dollar ended a volatile year's trade against the yen close to a seven-week low on Friday, as Japanese exporters bought up the yen in thin trade, ahead of the year's end.

USD/JPY hit 80.92 on Friday, the pair's lowest since November 9; the pair subsequently consolidated at 81.17 by close of trade, shedding 2.08% over the week.

The pair is likely to find support at 80.53, the low of November 9 and resistance at 82.46, last Wednesday's high.

The yen was the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Top 5 Economic Graphs For The Week Ended 1 Jan 2011

Posted: 02 Jan 2011 02:04 AM PST

This week we look at China PMI, US house prices, US consumer confidence, French GDP results, and Japan’s unemployment and inflation situation.

1. China PMI

China recorded slightly lower PMI figures for December with the HSBC index falling to 54.4 from 55.3 and the CFLP index falling to 53.9 from 55.2. Clearly there are a few issues bubbling away i.e. a spike in inflation… and more importantly – how the authorities deal with it. That alone will be one of the biggest wild-cards for … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Weekly Outlook: January 3-7

Posted: 02 Jan 2011 01:38 AM PST

Forex Pros – The U.S. dollar was down against its major counterparts in thin trade on Friday, after a string of strong U.S. economic data encouraged investors towards higher yielding currencies on the final trading day of 2010.

On Thursday, official data showed that U.S. initial jobless claims fell to their lowest level in more than two years, while the Chicago PMI rose in December at its fastest pace since 1988. A separate report by the National Association of Realtors said that pending … [visit site to read more] or compare Best Credit Cards and Best CD Rates


2010 Performance Round-up

Posted: 02 Jan 2011 12:06 AM PST

By now 2010 belongs to the history books, and what a fascinating chapter it occupies.  Before saying completely goodbye to 2010, let's briefly review some of its pertinent performance statistics.
The past year's performance of the major asset classes is summarized in the chart below – a set of numbers that indicates a healthy investor appetite for risky assets. Gold (+29.6%) was the star of the year, clocking its tenth consecutive annual gain. Equities, commodities and corporate … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Martin Wolf On 2011 Economic Outlook

Posted: 01 Jan 2011 11:58 PM PST

Martin Wolf, FT chief economics commentator, makes his predictions for 2011 about world economic growth, the eurozone crisis, interest rates and currency wars.
Click here or on the image below to view the video … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bob Farrell’s 10 Rules For Investing

Posted: 01 Jan 2011 11:57 PM PST

Wall Street "gurus" come and go, but in the case of Bob Farrell legendary status was achieved. He spent several decades as chief stock market analyst at Merrill Lynch & Co. and had a front-row seat at the go-go markets of the late 1960s, mid-1980s and late 1990s, the brutal bear market of 1973-74, and October 1987 crash.
Farrell retired in 1992, but his famous "10 Market Rules to Remember" have lived on and are summarized below, courtesy of The Big Picture and MarketWatch (June … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Tough Year For Emerging Markets?

Posted: 01 Jan 2011 11:53 PM PST

It's going to be a much tougher year for emerging markets next year, Jim Walker, founder and CEO of Asianomics, told … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Saumil Parikh Discusses Pimco’s Cyclical Outlook

Posted: 01 Jan 2011 11:51 PM PST

Each quarter, Pimco's investment professionals from around the world gather in Newport Beach to discuss the outlook for the global economy and financial markets. Saumil Parikh, managing director and portfolio manager, recently assumed leadership of these forums. In the interview below, he discusses Pimco's cyclical economic outlook for the next six to 12 months.
The outlook in a nutshell is:

Pimco forecasts a one-year cyclical bounce in U.S. economic growth as a result of monetary and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


John Authers On Investing In 2011

Posted: 01 Jan 2011 11:49 PM PST

Sarah O'Connor, FT Lex writer, quizzes John Authers, head of Lex, on the investment outlook for 2011.
Click here or on the image below to view the video … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Laugh Out Loud: 2011 – A Slippery Slope?

Posted: 01 Jan 2011 11:48 PM PST

Copper Outlook 2011: A Beijing Opera

Posted: 01 Jan 2011 10:28 PM PST

Year 2010 had been good to almost all investment classes. Stocks, bonds, commodities, and dollar are all moving higher in tandem, a first of such unison since 2005.  Among them, commodity is the one leading the pack partly on dollar weakness, as well as propped up by world's central banks quantitative easing.

Base metals, in particular, are further supported as China keeps on trucking with double-digit growth despite most of the world practically stood still … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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