DailyMarkets.com - Earnings Preview: Qualcomm Inc.

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• Earnings Preview: Qualcomm Inc.
• Earnings Preview: Chipotle
• Car Title Loans: “There To Rip You Off”
• Gold Trades Above USD1,600 An Ounce, Silver Tops USD40
• Earnings Preview: Omnicom Group
• Apple Tastes Victory Against HTC
• Crude Oil Extends Losses On Broadly Stronger U.S. Dollar
• EUR/JPY – Double Bottom Confirmation And A Rally Above 111.65 Targets 114
• BMY’s Cancer Drug Wins EU Approval
• Stock Market News Briefs: BHP Billiton Limited, Clorox Company, Petrohawk Energy, J P Morgan Chase & Co, Mattel, News Corporation Limited, Rock-Tenn Company, Teva Pharmaceutical Industries Limited
• Earnings Preview: IBM
• Capella’s International Leap
• Euro Weakens On Political Gridlock
• Forex – USD/CAD Advances Amid Rising Risk Aversion
• Swiss Franc: The Downside Prevails
• Australian Dollar: The Downside Prevails
• Canadian Dollar: Key ST Resistance At 993
• Japanese Yen: Under Pressure
• British Pound: Under Pressure
• Euro: The Downside Prevails
• U.S. TIC Long Term Purchases Rise Less-than-expected
• DuPont Sued By Michigan Polo Club
• Parker Hannifin Expands In Korea
• Crude Oil Under Pressure Amid Risk Aversion, Gold Poised Higher
• Canadian Foreign Securities Purchases Rise More-than-expected
• EUR/GBP Completing A Declining Wedge; Correction Rally Ahead?
• Virgin Media Downgraded To Neutral
• Brightpoint To Outperform
• U.S. Stock Futures Lower As Debt Fears Weigh; Dow Sheds 0.7%
• Forex – Dollar Higher Vs. Rivals As Spanish, Italian Yields Surge
• Forex – GBP/USD Extends Losses As Risk Sentiment Drops
• Forex – EUR/USD Extends Drop As Spanish Bond Yields Hit Record
• Gold Extends Record-breaking Rally, Silver At 10-week High
• Forex – EUR/CHF Drops To Record Low On EU Sovereign Debt Fears
• Forex – EUR/GBP Slumps To 7-week Low As Debt Fears Linger
• NYFP’s This Week In Wall Street History
• USD/JPY Daily Fundamental Analysis For July 19, 2011
• NZD/USD Daily Fundamental Analysis For July 19, 2011
• AUD/USD Daily Fundamental Analysis For July 19, 2011
• AUD/NZD Daily Fundamental Analysis For July 19, 2011
• Forex News – Sentiment Built Around Europe’s Debt Woes

Earnings Preview: Qualcomm Inc. Posted: 18 Jul 2011 07:40 AM PDT Qualcomm Inc. (NASDAQ:QCOM) is slated to release its third quarter 2011 results on Wednesday, July 20, after the closing bell. The current Zacks Consensus Estimate for the third quarter is pegged at 62 cents per share, representing an annualized growth of 24.36%. With respect to earnings surprises over the trailing four quarters, Qualcomm has outperformed the Zacks Consensus Estimate in all the four quarters. The average earnings surprise was a positive 6.69%, implying that the company has outdone … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Chipotle Posted: 18 Jul 2011 07:30 AM PDT Fast food restaurant chain, Chipotle Mexican Grill Inc. (NYSE:CMG) is slated to release its second quarter 2011 results on Tuesday, July 19, after market closes. The current Zacks Consensus Estimate for the second quarter of 2011 is $1.68 per share, representing an annualized growth of 14.73%. With respect to earnings surprises, Chipotle has outperformed the Zacks Consensus Estimate in all the trailing four quarters. The earnings surprise ranges from 2.1% to 16.9%, with the average at 9.5%. This … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Car Title Loans: “There To Rip You Off” Posted: 18 Jul 2011 07:10 AM PDT What is your mental image of a business which earns a 300% annualized rate of interest? Did somebody say, "shady characters hanging out on a street corner with a large wad of bills"? Who said, "guys driving around in cars with dark tinted windows"? How about, "typical loan sharks"? Perhaps all of the above? Is there a legitimate business in our nation today which might be able to charge a 300% annualized rate of interest? Well, I guess that would depend on how one defines … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Trades Above USD1,600 An Ounce, Silver Tops USD40 Posted: 18 Jul 2011 07:10 AM PDT Forexpros – Gold futures climbed above the psychologically important USD1,600-an-ounce level for the first time on Monday, while silver prices advanced to a ten-week high as mounting fears over the debt crisis in the U.S. and the euro zone boosted the safe haven appeal of the precious metals.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,600.35 a troy ounce during U.S. morning trade, edging 0.4% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Omnicom Group Posted: 18 Jul 2011 07:05 AM PDT Omnicom Group Inc. (NYSE:OMC) will report its second-quarter 2011 earnings on Tuesday, July 19, 2011. The current Zacks Consensus Estimate for earnings per share (EPS) is 92 cents, representing an annualized growth of 16.65%.   With respect to earnings surprises, over the trailing four quarters, OMC outperformed the Zacks Consensus Estimate in almost all the quarters. The average earnings surprise was a positive 7.34%, implying that the company outperformed the Zacks Consensus Estimate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Apple Tastes Victory Against HTC Posted: 18 Jul 2011 07:05 AM PDT Apple Inc. (AAPL) recently edged out smartphone maker HTC Corp in a patent litigation at the International Trade Commission (ITC). According to Reuters, an ITC judge ruled that the Taiwanese company has infringed two of Apple's patents. Apple initially accused HTC of infringing 10 patents but charges for six were dropped for various reasons. The ITC judge ruled that HTC infringed two of the alleged four patents related to data-detection technology used in e-mail and text messages and data … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Extends Losses On Broadly Stronger U.S. Dollar Posted: 18 Jul 2011 06:53 AM PDT Forexpros – Crude oil futures extended losses on Monday, as a broadly stronger U.S. dollar and growing fears over the debt crisis in the U.S. and the euro zone pressured prices lower. <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at USD96.36 a barrel during U.S. morning trade, tumbling 1.4%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY – Double Bottom Confirmation And A Rally Above 111.65 Targets 114 Posted: 18 Jul 2011 06:44 AM PDT Prev: Short-term Triple Topping Action Spotted in the EUR/JPY (6/22) EUR/JPY - After seeing a double bottom last week, the EUR/JPY started this week initially failing to confirm the bottoming attempt. - The decline was supported at 61.8% retracement, and there is still a chance for a corrective rally. If the corrective rally this week can be similar to that of last week, a swing projection targets 114.00. - A break above 111.65 can suggest this short-term bullish outlook. - The 4H chart and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BMY’s Cancer Drug Wins EU Approval Posted: 18 Jul 2011 06:35 AM PDT Bristol-Myers Squibb Co.'s (NYSE:BMY) product portfolio just got even better with the European Commission's (EC) recent approval of the pharma-major's drug Yervoy (ipilimumab), which is indicated for the treatment of adult patients with previously-treated advanced melanoma (skin cancer). The approval was based on data from a late stage trial which demonstrated that patients treated with Yervoy experienced 1- and 2-year estimated survival rates of 46% and 24%, respectively, versus 25% and 14% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market News Briefs: BHP Billiton Limited, Clorox Company, Petrohawk Energy, J P Morgan Chase & Co, Mattel, News Corporation Limited, Rock-Tenn Company, Teva Pharmaceutical Industries Limited Posted: 18 Jul 2011 06:35 AM PDT     BHP Billiton Ltd. (NYSE:BHP) said it will be acquiring Petrohawk Energy Corporation (NYSE:HK) for $12.1 billion     Investor Carl Icahn offered to buy Clorox Corporation (NYSE:CLX) for $12.6 billion. Shareholders of Clorox are to get $76.50 per share in cash under the terms of the offer     Teva Pharmaceutical Industries Limited (NASDAQ:TEVA) announced the completion of the acquisition of effectively 100% of the outstanding shares of Taiyo Pharmaceutical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: IBM Posted: 18 Jul 2011 06:35 AM PDT International Business Machines Corp. (NYSE:IBM) is scheduled to announce its second quarter 2011 results after the closing bell today. We have noticed estimates swaying on both the sides over the last few days, but considering the past trends we continue to believe another earnings beat is on the cards. Prior Quarter Recap IBM reported strong first quarter earnings and revenues that surpassed the Zacks Consensus Estimate. The solid result was primarily driven by robust revenue growth, continued … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Capella’s International Leap Posted: 18 Jul 2011 06:35 AM PDT Capella Education Company (NASDAQ:CPLA), the provider of online education, recently announced the buyout of Resource Development International Ltd. (RDI), an autonomous distance learning provider of U. K., for $14.9 million. The all cash deal will enable Capella to gain foothold in the lucrative international market as RDI has a strong presence in both the international and U. K's higher education market. Further, RDI operates with the top 100 universities in the U. K., thus allowing Capella to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Weakens On Political Gridlock Posted: 18 Jul 2011 06:26 AM PDT European banking stress tests found only eight banks in need of a capital injection but the results have left many concluding that more will ultimately need to bolster their positions. The euro reached another record low against the Swiss franc after ECB President Trichet repeated his warning that the central bank wouldn't tolerate any restructuring of Greek debt and would no longer be permitted to accept as collateral paper issued by Athens. He also predicted that the euro would survive upon … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Advances Amid Rising Risk Aversion Posted: 18 Jul 2011 06:23 AM PDT Forexpros – The U.S. dollar was up against its Canadian counterpart on Monday, as risk aversion sharpened amid fears over a potential U.S. sovereign debt default and ongoing concerns over the euro zone&rsquo;s debt crisis. <br />&nbsp;<br />USD/CAD hit 0.9605 during U.S. morning trade, a daily high; the pair subsequently consolidated at 0.9595, climbing 0.59%.<br /><br />The pair was likely to find support at 0.9519, Friday&rsquo;s low and a nine-week low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Franc: The Downside Prevails Posted: 18 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Dollar: The Downside Prevails Posted: 18 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Dollar: Key ST Resistance At 993 Posted: 18 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Yen: Under Pressure Posted: 18 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

British Pound: Under Pressure Posted: 18 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro: The Downside Prevails Posted: 18 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. TIC Long Term Purchases Rise Less-than-expected Posted: 18 Jul 2011 06:06 AM PDT Forexpros – U.S. Treasury International Capital purchases rose significantly less-than-expected in May, official data showed on Monday.<br /><br />In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities totaled USD23.6 billion in May, significantly below expectations of USD48.4 billion.<br /><br />Net foreign purchases of long-term securities totaled USD30.6 billion in April.&nbsp;&nbsp; <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DuPont Sued By Michigan Polo Club Posted: 18 Jul 2011 06:05 AM PDT EI DuPont de Nemours & Co. (NYSE:DD) has been sued by members of a Michigan polo and golf club, alleging the company's Imprelis herbicide is causing unintended damage to trees. Imprelis is the brand name of a herbicide sold by DuPont Professional Products, a division of DuPont De Nemours & Company. Introduced to the market in 2010, DuPont claims Imprelis is “effective against a very wide spectrum of important turfgrass weeds.” Many landscapers and professional gardeners switched to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Parker Hannifin Expands In Korea Posted: 18 Jul 2011 06:05 AM PDT Parker Hannifin Corporation (NYSE:PH) expanded its presence in Korea with the acquisition of SSD Korea Co Ltd. Based in Seoul, Korea. SSD Korea leads in motion and control technologies. The scope of work of SSD Korea involved sales, distribution, system integration and application support for electromechanical drives and motors used in industrial and entertainment market purpose. The deal requisites were not discussed. In 2010, SSD Korea generated sales of approximately $16 million. The acquired … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Under Pressure Amid Risk Aversion, Gold Poised Higher Posted: 18 Jul 2011 06:01 AM PDT Talking Points Crude Oil Under Pressure Amid Broad-Based Risk Aversion Gold, Silver Aim Higher on Firming Inflation Expectations WTI Crude Oil (NY Close): $97.24 // +1.55 // +1.62% Crude oil prices remain anchored to sentiment trends, with the WTI contract firmly correlated to the S&P 500. Risk appetite started the week on the defensive, with shares sharply lower in Asian and European trade. Investors are jittery after the results of European bank stress tests released on Friday failed to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Foreign Securities Purchases Rise More-than-expected Posted: 18 Jul 2011 05:41 AM PDT Forexpros – ign investors&rsquo; acquisitions of Canadian securities rose significantly more-than-expected in May, led by investment in federal government debt instruments, official data showed on Monday.<br /><br />In a report, Statistics Canada said that foreign investment rose to a seasonally adjusted CAD15.04 billion in May, more than doubling expectations of CAD7.41 billion.<br /><br />The previous month&rsquo;s figure was revised up to CAD8.52 billion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Completing A Declining Wedge; Correction Rally Ahead? Posted: 18 Jul 2011 05:35 AM PDT Prev: EUR/GBP Attempting to Confirm Bearish Breakout (7/15) EUR/GBP - The EUR/GBP started the week  breaking below the 0.8750 support. - This suggests a bearish continuation, but in the very short-term, we might get a correction rally and therefore a better price for those shorting the Euro against the Sterling. - The market appears to have completed a declining wedge. When looking at the 4H chart, we see that this wedge is at the end of a 5-wave decline, and thus another name for it in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Virgin Media Downgraded To Neutral Posted: 18 Jul 2011 05:35 AM PDT We downgrade our recommendation on Virgin Media Inc. (NASDAQ:VMED) to Neutral, ahead of its second quarter of 2011 financial results, backed by the recent surge in stock price, which moved up by nearly 57% last year. Meanwhile, Virgin Media continues to perform well with solid top-line growth and higher operating income, supported by customer's preference toward the company's bundled services. The customers are now more inclined toward high-margin premium services, which offer faster speed. At … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Brightpoint To Outperform Posted: 18 Jul 2011 05:35 AM PDT We upgrade our recommendation for Brightpoint Inc. (NASDAQ:CELL) to Outperform based on our view that galloping demand for high-end smartphones and tablets throughout the world will drive the company's valuation level higher in the near future. We believe the negative consequences of the proposed merger between AT&T (NYSE:T) and T-Mobile USA are already reflected in the current valuation as it has plummeted nearly 39% in the last four months after this news surfaced. In the previous two quarters, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Stock Futures Lower As Debt Fears Weigh; Dow Sheds 0.7% Posted: 18 Jul 2011 05:34 AM PDT Forexpros – U.S. stock futures pointed to a broadly lower open on Monday, as a lack of progress over raising the U.S. debt ceiling and simmering concerns over the euro zone&rsquo;s sovereign debt crisis weighed on market sentiment.<br /><br />Dow Jones Industrial Average futures pointed to a loss of 0.7%, the S&amp;P 500 futures declined 0.68%, while the Nasdaq 100 futures slumped 0.75%.<br /><br />U.S. President Barack Obama said over the weekend that the U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Higher Vs. Rivals As Spanish, Italian Yields Surge Posted: 18 Jul 2011 04:43 AM PDT Forexpros – The U.S. dollar advanced against most of its major counterparts on Monday, while the euro came under broad selling pressure after Spanish and Italian bond yields surged to fresh euro-lifetime highs, adding to fears over the region&rsquo;s debt crisis. <br /><br />During European morning trade, the greenback was higher against the euro, with EUR/USD dropping 0.79% to hit a three-day low of 1.4042.<br /><br />Spanish government bond yields rose to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Extends Losses As Risk Sentiment Drops Posted: 18 Jul 2011 04:31 AM PDT Forexpros – The pound extended losses against the U.S. dollar on Monday, hitting a fresh three-day low as simmering fears over sovereign debt contagion in the euro zone and worries over a potential U.S. debt default saw risk sentiment weaken.<br /><br />GBP/USD hit 1.6061 during European morning trade, the pair&rsquo;s lowest since July 13; the pair subsequently consolidated at 1.6078, shedding 0.36%.<br /><br />Cable was likely to find support at 1.5904, the low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Extends Drop As Spanish Bond Yields Hit Record Posted: 18 Jul 2011 04:18 AM PDT Forexpros – The euro extended losses against the U.S. dollar on Monday, falling to a fresh three-day low after Spanish bond yields surged to a euro-lifetime high, exacerbating fears over sovereign debt contagion in the euro zone.<br /><br />EUR/USD hit 1.4013 during European morning trade, the pair&rsquo;s lowest since July 13; the pair subsequently consolidated at 1.4043, dropping 0.79%.<br /><br />The pair was likely to find support at 1.3950, the low of July 13 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Extends Record-breaking Rally, Silver At 10-week High Posted: 18 Jul 2011 03:58 AM PDT Forexpros – Gold futures extended gains on Monday, climbing above the psychologically important USD1,600-an-ounce level, while silver prices advanced to a ten-week high.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,601.35 a troy ounce during European morning trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Drops To Record Low On EU Sovereign Debt Fears Posted: 18 Jul 2011 03:46 AM PDT Forexpros – The euro was down for a seventh day against the safe haven Swiss franc on Monday, falling to a fresh record low after Italian and Spanish bond yields jumped, adding to fears over sovereign debt contagion in the euro zone.<br /><br />EUR/CHF hit 1.1401 during European morning trade, the pair&rsquo;s all-time low; the pair subsequently consolidated at 1.1466, shedding 0.64%.<br /><br />The pair was likely to find short-term support at 1.1401, the daily … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Slumps To 7-week Low As Debt Fears Linger Posted: 18 Jul 2011 03:24 AM PDT Forexpros – The euro was down for a third day against the pound on Monday, slumping to a seven-week low as ongoing concerns over the euro zone&rsquo;s debt crisis weighed on the single currency. <br /><br />EUR/GBP hit 0.8704 during European morning trade, the pair&rsquo;s lowest since May 31; the pair subsequently consolidated at 0.8734, declining 0.45%.<br /><br />The pair was likely to find support at 0.8665, the low of May 31 and resistance at 0.8794, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NYFP’s This Week In Wall Street History Posted: 17 Jul 2011 09:00 PM PDT 07/18/11 In this installment of NYFP presents “This Week in Wall Street History”, we are introduced to the history of the Intel Corporation from its rogue beginnings to the semiconductor and chip giant it has become … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Daily Fundamental Analysis For July 19, 2011 Posted: 17 Jul 2011 03:44 PM PDT By ForexMansion.com The USD/JPY pair traded near its lowest level in four months, as the EU debt crisis fueled risk aversion which increased demand for lower yielding currencies, opening the way for the Japanese currency to keep its gain against the dollar. The Japanese yen faced more pressure since it traded near its highest levels against the dollar since the intervention, fueling concerns that the BOJ may act again to prevent the yen from further gains. The recent fundamentals from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For July 19, 2011 Posted: 17 Jul 2011 03:42 PM PDT By ForexMansion.com The first day trading of this week was positive for the New Zealand currency (Kiwi), especially versus the US dollar, as the New Zealand economy reported higher than expected second quarter inflation, increasing the speculation that the RBNZ is to increase interest rates in the upcoming period. The inflation showed the economy needs to increase interest rates during the coming period, while the annualized CPI increased to exceed the Bank's target, supporting the NZ policy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Daily Fundamental Analysis For July 19, 2011 Posted: 17 Jul 2011 03:37 PM PDT By ForexMansion.com The fears still dominate the market after the US failed to reach agreement on raising the debt ceiling and the European debt crisis escalated, supporting the haven demand and damping the appeal of higher yielding currencies. The Australian dollar continues its downside movement for a third day in a row on speculation the European policy makers are unable to resolve the debt crisis that threatens the global economy. Regarding the situation in Australia, the economic growth … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For July 19, 2011 Posted: 17 Jul 2011 03:36 PM PDT By ForexMansion.com The AUD/NZD pair retreated to the lowest in 11 months, as the New Zealand dollar grabbed traders’ attention after the New Zealand economy showed more signs of recovery, increasing demand for Kiwi. The New Zealand second quarter CPI increased more than expectations, increasing the speculation that the RBNZ is to increase interest rates in the upcoming period. On the other hand, the Australian dollar continues its downside movement for a third day in a row on speculation the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – Sentiment Built Around Europe’s Debt Woes Posted: 17 Jul 2011 02:52 PM PDT By ForexMansion.com   The debt crisis remains in focus for another week. And since today there will be no major global economic data, sentiment will be built around the European stress test results, which failed on Friday to reassure investors and convince the markets about the health of the banking system.    The stress test results highlighted that the region’s debt woes are only intensifying, since only 8 out of 90 banks showed the capability to survive another recession, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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