DailyMarkets.com - Forex – USD/CHF At Record Low As Debt Deal Deadlock Weighs

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• Forex – USD/CHF At Record Low As Debt Deal Deadlock Weighs
• Analyst Interview
• U.K. CBI Industrial Order Expectations Worsen In July
• Forex – EUR/GBP Lower As Fresh Euro Zone Debt Fears Weigh
• Swiss KOF Economic Barometer Falls More-than-expected
• European Stocks Slump On U.S., EU Debt Woes; DAX Down 0.4%
• Forex – Dollar Down Vs. Most Rivals Amid U.S. Debt Woes
• Crude Oil Futures Edge Lower On U.S. Demand Concerns
• Forex – Pound Steady Close To 6-week High Against Dollar
• Forex Trading: Euro-zone M3 Money Supply (y/y) 2.5% Vs. 2.3% Expectation.
• Magyar Nemzeti Bank Holds Interest Rate At 6.00%
• Forex – USD/JPY At Four-month Low, Possible BoJ Intervention Eyed
• Gold Futures Rally To Fresh Record High On U.S. Debt Worries
• Forex – NZD/USD Hits Record High After Confidence Data
• Forex – AUD/USD At Record After Better-than-expected CPI Data
• Asia Stocks Drop On U.S. Debt Concern; Nikkei Sheds 0.5%
• Forex – EUR/USD Dips As Euro Zone Debt Woes Remain In Focus
• Aggressive Growth Stock: Electronics For Imaging, Inc
• Momentum Stock: Precision Drilling Corp
• Growth & Income Stock: Philip Morris International Inc.
• Bear Of The Day: Grupo Televisa S.A.
• Bull Of The Day: Dollar Financial (DLLR)
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Down During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• Singapore Stock Market Update For Wednesday 27 July
• NAACP Passes Historic Resolution To End Drug War
• Forex – USD/CAD Down In Asian Trading Hours
• Mark Hulbert: How Should Investors Play Debt Talks?
• Rob McEwen: Gold To $2000 By Year End
• Forex – AUD/USD Up During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• AUD Cracks Record High With Stronger Than Expected CPI Release; 1.1265 Next
• Forex – AUD/USD Up On Economic Data
• Australia’s Consumer Price Inflation Rises More-than-expected
• Forex – EUR/JPY Down During Asian Trade
• How The Gov’t. Promoted A Systematic Loosening Of Underwriting Standards And Caused The Crisis
• Forex – GBP/JPY Up During The Asian Session
• Crude Oil Daily Fundamental Analysis For July 27, 2011
• Natural Gas Daily Fundamental Analysis For July 27, 2011
• Gold Daily Fundamental Analysis For July 27, 2011
• Oil Technical Analysis For July 27, 2011
• Natural Gas Technical Analysis For July 27, 2011
• Gold Technical Analysis For July 27, 2011

Forex – USD/CHF At Record Low As Debt Deal Deadlock Weighs Posted: 27 Jul 2011 03:15 AM PDT Forexpros – The U.S. dollar fell to a record low against the Swiss franc on Wednesday, as talks on raising the U.S. debt ceiling remained at a standstill, while a report showed that the franc&rsquo;s strength looks set to weigh on Switzerland&rsquo;s economy in the coming months.<br /><br />USD/CHF hit 0.7996 during European morning trade, the pair&rsquo;s all-time low; the pair subsequently consolidated at 0.8007, dipping 0.06%.<br /><br />The pair was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interview Posted: 27 Jul 2011 03:08 AM PDT Zacks Investment Research Senior Biotech Analyst, Jason Napodano, CFA, was interviewed by OneMedRadio where he discussed International Stem Cell Corp. See interview transcript below. Brett Johnson: Welcome from New York, this is Brett Johnson with OneMed Radio. Today, we are with Jason Napodano who is the Managing Director and Senior Biotech Analyst at Zacks Investment Research. Zacks recently initiated coverage on International Stem Cell Corp, ISCO traded on the OTC. Jason, thanks for joining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. CBI Industrial Order Expectations Worsen In July Posted: 27 Jul 2011 03:08 AM PDT Forexpros – U.K. industrial order expectations fell more-than-expected in July, industry data showed on Wednesday.<br /><br />In a report, the Confederation of British Industry said its index of industrial order expectations declined to minus 10.0 in July, compared to reading of 1.0 in June.&nbsp; <br /><br />Analysts had expected the index to decline to minus 3.0 in July.<br /><br />On the index, a reading above 0.0 indicates increasing order volume is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Lower As Fresh Euro Zone Debt Fears Weigh Posted: 27 Jul 2011 02:42 AM PDT Forexpros – The euro was lower against the pound on Wednesday, as the cost of insuring Italian and Spanish government debt against default rose, amid fears that the euro zone&rsquo;s bailout fund may be insufficient to prevent sovereign debt contagion.<br /><br />EUR/GBP hit 0.8813 during European morning trade, the pair&rsquo;s lowest since Monday; the pair subsequently consolidated at 0.8829, shedding 0.18%.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss KOF Economic Barometer Falls More-than-expected Posted: 27 Jul 2011 02:34 AM PDT Forexpros – Switzerland&rsquo;s leading economic barometer fell more-than-expected in July, posting the largest monthly decline since April 2009, industry data showed on Wednesday.<br /><br />In a report, the KOF Economic Research Agency said its index of 12 leading indicators declined to 2.04 in July from 2.23 in June.<br /><br />Analysts had expected the index to fall to 2.11 in July.<br /><br />Accordingly, the Swiss economy should display positive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Slump On U.S., EU Debt Woes; DAX Down 0.4% Posted: 27 Jul 2011 02:17 AM PDT Forexpros – European stock markets were broadly lower on Wednesday, amid concerns over sovereign debt in the U.S. and the euro zone, while weaker-than-expected earnings reports from companies such as Peugeot and Merck also weighed. <br /><br />During European morning trade, the EURO STOXX 50 dropped 0.9%, France&rsquo;s CAC 40 slumped 0.65%, while Germany&rsquo;s DAX 30 fell 0.4%.&nbsp; <br /><br />With seven days to go before the August 2 deadline, U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Down Vs. Most Rivals Amid U.S. Debt Woes Posted: 27 Jul 2011 01:34 AM PDT Forexpros – The U.S. dollar was down against almost all of its major counterparts on Wednesday, as talks on raising the U.S. debt ceiling remained at an impasse, adding to concerns over a U.S. debt default or downgrade ahead of the August 2 deadline.<br /><br />During European morning trade, the greenback was up against the euro, with EUR/USD sliding 0.21% to hit 1.4478.<br /><br />The euro weakened as Spanish and Italian borrowing costs rose after disappointing debt … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Edge Lower On U.S. Demand Concerns Posted: 27 Jul 2011 01:29 AM PDT Forexpros – Crude oil futures edged lower on Wednesday, as negotiations to raise the U.S. debt ceiling remained deadlocked and after industry data showed that U.S. crude supplies rose by the most in the three months last week.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at USD99.01 a barrel during European morning trade, shedding 0.45%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Pound Steady Close To 6-week High Against Dollar Posted: 27 Jul 2011 01:10 AM PDT Forexpros – The pound was steady against the U.S. dollar on Wednesday, trading close to a six-week high, as U.S. lawmakers remained deadlocked in talks over raising the debt ceiling, with only a week to go before the August 2 deadline.<br /><br />GBP/USD hit 1.6440 during early European trade, the pair&rsquo;s highest since June 14; the pair subsequently consolidated at 1.6421, easing up 0.10%.<br /><br />Cable was likely to find support at 1.6264, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro-zone M3 Money Supply (y/y) 2.5% Vs. 2.3% Expectation. Posted: 27 Jul 2011 01:02 AM PDT Private loans (y/y) were 2.5%; worse than the 2.8% forecast and 2.7% prior reading. The market had a limited reaction to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Magyar Nemzeti Bank Holds Interest Rate At 6.00% Posted: 27 Jul 2011 01:01 AM PDT The Magyar Nemzeti Bank maintained its benchmark base rate steady at 6.00% as inflation drifted down towards its target.  The Bank said: “In the Council’s judgement, the Hungarian economy is likely to continue to pick up slowly over the next two years; however, the level of output will remain below its potential throughout the period.  Domestic demand is expected to recover only gradually.  Consequently, inflation may fall back to 3% by the end of 2012 even without … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY At Four-month Low, Possible BoJ Intervention Eyed Posted: 27 Jul 2011 12:49 AM PDT Forexpros – The U.S. dollar fell to a four-month low against the yen on Wednesday, trading within striking distance of the pair&rsquo;s all-time low, adding to speculation over a possible intervention by the Bank of Japan to curb the yen&rsquo;s sharp gains.<br /><br />USD/JPY hit 77.61 during late Asian trade, the pair&rsquo;s lowest since March 17; the pair subsequently consolidated at 77.59, shedding 0.33%.<br /><br />The pair was likely to find support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Rally To Fresh Record High On U.S. Debt Worries Posted: 27 Jul 2011 12:31 AM PDT Forexpros – Gold futures rallied to a new record high on Wednesday, as a lack of progress over raising the U.S. debt ceiling before a looming deadline raised fears over a possible U.S. sovereign debt default, boosting the safe haven appeal of the precious metal.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,625.35 a troy ounce during late Asian trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Hits Record High After Confidence Data Posted: 27 Jul 2011 12:16 AM PDT Forexpros – The New Zealand dollar surged to an all-time high against its U.S. counterpart on Wednesday, after a private survey showed business confidence improved in July, adding to expectations for a near-term rate hike by the Reserve Bank of New Zealand.<br /><br />NZD/USD hit 0.8764 during late Asian trade, the pair&rsquo;s highest since exchange rate controls ended in March 1985; the pair subsequently consolidated at 0.8751, gaining 0.52%.<br /><br />The pair … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD At Record After Better-than-expected CPI Data Posted: 26 Jul 2011 11:52 PM PDT Forexpros – The Australian dollar rallied to a record high against its U.S. counterpart on Wednesday, after better-than-expected inflation data added to expectations for a near-term rate hike by the Reserve Bank of Australia.<br /><br />AUD/USD hit 1.1062 during late Asian trade, the pair&rsquo;s highest since it was floated in December 1985; the pair subsequently consolidated at 1.1048, surging 0.84%.<br /><br />The pair was likely to find support at 1.0820, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Drop On U.S. Debt Concern; Nikkei Sheds 0.5% Posted: 26 Jul 2011 11:47 PM PDT Forexpros – Asian stock markets were broadly lower on Wednesday, as a lack of progress over raising the U.S. debt ceiling before a looming deadline raised fears over a possible U.S. sovereign debt default, while Japanese exporters were pressured by a rising yen.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index dipped 0.15%, Australia&rsquo;s ASX/200 Index dropped 0.85%, while Japan&rsquo;s Nikkei 225 Index retreated 0.5%.&nbsp;&nbsp;&nbsp; <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Dips As Euro Zone Debt Woes Remain In Focus Posted: 26 Jul 2011 11:34 PM PDT Forexpros – The euro dipped against the U.S. dollar on Wednesday, pulling back from a three-week high, after disappointing Spanish and Italian bond auctions kept the euro zone&rsquo;s debt woes in focus, while U.S. debt talks remained deadlocked.<br /><br />EUR/USD pulled away from 1.4535, the pair&rsquo;s highest since July 5, to hit 1.4485 during late Asian trade, slipping 0.16%.<br /><br />The pair was likely to find support at 1.4356, Tuesday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Electronics For Imaging, Inc Posted: 26 Jul 2011 11:05 PM PDT Electronics For Imaging, Inc. (NASDAQ:EFII) is coming off of a record-setting quarter and excellent growth on the top and bottom lines. Earnings were better than expected and this Zacks #1 Rank (Strong Buy) is on a roll. Company Description Electronics For Imaging makes digital printing products and services from creation to print. They offered color print servers, super-wide inkjet printers, inks and software. Picture-Perfect Quarter On Jul 21 the company reported a 19% increase in revenues, to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Precision Drilling Corp Posted: 26 Jul 2011 11:05 PM PDT Precision Drilling Corp (NYSE:PDS) recently surged to a new multi-year high after its Q2 results showed big gains from last year. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock has the right tools for momentum. Company Description Precisions Drilling Corp., through its subsidiaries, provides onshore well drilling and completion services in North America and internationally. The company was founded in 1951 and has a market cap of $4.97 billion. Energy service … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Philip Morris International Inc. Posted: 26 Jul 2011 11:05 PM PDT Philip Morris International Inc. (NYSE:PM) recently delivered another strong quarter driven in large part by stellar growth in Asia. Both sales and EPS came in above the Zacks Consensus Estimates, and management raised its guidance for the full year. This prompted analysts to revise their estimates higher, sending the stock to a Zacks #2 Rank (Buy). Philip Morris International continues to generate solid free cash flow, which is has been using to aggressively buy back shares and raise its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Grupo Televisa S.A. Posted: 26 Jul 2011 11:05 PM PDT We downgrade our recommendation on Grupo Televisa S.A. (NYSE:TV) to Underperform following its second-quarter 2011 financial results, which fell below the Zacks Consensus Estimates. Televisa lost a significant amount of advertising revenue from businesses of Mexican telecom tycoon Carlos Slim. Intensifying competition in the Mexican pay-TV market has forced Televisa to spent more in order to retain and solidify its customer base. Therefore, depreciation and amortization charges increased by leaps … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Dollar Financial (DLLR) Posted: 26 Jul 2011 11:05 PM PDT Dollar Financial’s (NASDAQ:DLLR) third-quarter 2011 earnings came modestly ahead of the Zacks Consensus Estimate, benefiting primarily from a solid performance at core business units as well as successful implementation of a business diversification strategy. A solid liquidity position, exposure to a somewhat recession-proof sector and cost containment measures are expected to drive growth in future. Going ahead, the company is also expected to grab the opportunities through acquisitions and deploy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 26 Jul 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4526, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 1.4324, Friday&rsquo;s low, and resistance at 1.4536, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8844 and EUR/JPY falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 26 Jul 2011 10:25 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6427, up 0.14% at time of writing.<br/><br/> The pair was likely to find support at 1.6262, Monday&rsquo;s low, and resistance at 1.6440, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8842 and GBP/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 26 Jul 2011 09:55 PM PDT Forexpros – The Euro was higher against the Swiss Franc on Wednesday.<br/><br/> EUR/CHF was trading at 1.1644, up 0.14% at time of writing.<br/><br/> The pair was likely to find support at 1.1519, Monday&rsquo;s low, and resistance at 1.1891, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.08% to hit 1.4522 and EUR/JPY rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up During Asian Trade Posted: 26 Jul 2011 09:25 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Wednesday.<br/><br/> USD/CHF was trading at 0.8020, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 0.8000, Tuesday&rsquo;s low, and resistance at 0.8247, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.03% to hit 1.4515 and USD/JPY falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down During The Asian Session Posted: 26 Jul 2011 09:00 PM PDT Forexpros – The Euro was lower against the British Pound on Wednesday.<br/><br/> EUR/GBP was trading at 0.8830, down 0.18% at time of writing.<br/><br/> The pair was likely to find support at 0.8798, Monday&rsquo;s low, and resistance at 0.8884, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.02% to hit 1.4507 and EUR/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 26 Jul 2011 08:35 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 77.84, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 77.78, today&rsquo;s low, and resistance at 78.72, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.03% to hit 1.4505 and GBP/USD rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Stock Market Update For Wednesday 27 July Posted: 26 Jul 2011 08:19 PM PDT Singapore market post small losses. Inflation data send Aussie dollar to post-float record. As the debt-limit stalemate and potential default concerns linger, several companies are looking to go public before Aug 2 deadline in US. Expect choppy market upon. Please avoid any short term trading. News highlight MBS 2Q growth highlights slow market growth. Expect 2Q to have been seasonally higher. Earning Announcement Dates Wed 27 July – Biosensors (1Q 12) Thurs 28 July – DBS (2Q 11), SIA (1Q … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NAACP Passes Historic Resolution To End Drug War Posted: 26 Jul 2011 08:17 PM PDT (Los Angeles, CA) – “Today the NAACP passed a historic resolution calling for an end to the “War on Drugs.”  The resolution was voted on by a majority of delegates at the 102nd NAACP Annual Convention in Los Angeles, CA.  The overall message of the resolution is captured by its title: “A Call to End the War on Drugs, Allocate Funding to Investigate Substance Abuse Treatment, Education, and Opportunities in Communities of Color for A Better Tomorrow.” "Today the NAACP has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 26 Jul 2011 08:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9433, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 0.9407, Tuesday&rsquo;s low, and resistance at 0.9530, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.02% to hit 1.4508 and GBP/USD rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mark Hulbert: How Should Investors Play Debt Talks? Posted: 26 Jul 2011 07:32 PM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rob McEwen: Gold To $2000 By Year End Posted: 26 Jul 2011 07:32 PM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 26 Jul 2011 07:30 PM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Wednesday after the release of Australian data on CPI.<br/><br/> AUD/USD was trading at 1.1032, up 0.68% at time of writing.<br/><br/> The pair was likely to find support at 1.0796, Monday&rsquo;s low, and resistance at 1.1062, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Australian consumer price inflation rose more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 26 Jul 2011 07:05 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4498, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.4324, Friday&rsquo;s low, and resistance at 1.4536, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.24% to hit 0.8825 and EUR/JPY falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD Cracks Record High With Stronger Than Expected CPI Release; 1.1265 Next Posted: 26 Jul 2011 06:52 PM PDT Fundamental Release: AUD CPI for 2Q Result: The Australian CPI for the 2Q climbed 0.9%, stronger than expectations of a 0.7% increase. The CPI was 1.6% higher in the 1Q The RBA Trimmed Mean was also up 0.9%, matching its level in the 1Q. In annual terms, the CPI climbed to 3.6%, above the RBA's upper target of 3% inflation, and higher than the 3.3% reading in the 1Q as well as forecast of a rise to 3.4% in today's report. Here's a look at the chart of the CPI going back several … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up On Economic Data Posted: 26 Jul 2011 06:45 PM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Wednesday after the release of Australian data on CPI.<br/><br/> AUD/USD was trading at 1.1041, up 0.77% at time of writing.<br/><br/> The pair was likely to find support at 1.0796, Monday&rsquo;s low, and resistance at 1.1062, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Australian consumer price inflation rose more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australia’s Consumer Price Inflation Rises More-than-expected Posted: 26 Jul 2011 06:45 PM PDT Forexpros – Australian consumer price inflation rose more-than-expected in the last quarter, official data showed on Wednesday.<br/><br/>In a report, the Australian Bureau of Statistics said that CPI rose to 0.9%, from 1.6% in the preceding quarter.<br/><br/>Analysts had expected CPI to rise 0.7% in the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 26 Jul 2011 06:35 PM PDT Forexpros – The Euro was lower against the Japanese Yen on Wednesday.<br/><br/> EUR/JPY was trading at 113.01, down 0.001% at time of writing.<br/><br/> The pair was likely to find support at 112.04, Monday&rsquo;s low, and resistance at 113.57, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.06% to hit 1.4518 and EUR/GBP falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

How The Gov’t. Promoted A Systematic Loosening Of Underwriting Standards And Caused The Crisis Posted: 26 Jul 2011 06:26 PM PDT In a new article by AEI Resident Fellow Ed Pinto (former executive vice president and chief credit officer for Fannie Mae), he reviews how government policies promoted a systematic loosening of underwriting standards in an effort to promote affordable housing, which then contributed to the housing bubble, mortgage meltdown and financial crisis. Here are six facts about the government’s role in the crisis: 1. “In the late-1980s and early-1990s ACORN and other community groups claimed that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 26 Jul 2011 05:45 PM PDT Forexpros – The British Pound was higher against the Japanese Yen on Wednesday.<br/><br/> GBP/JPY was trading at 128.08, up 0.25% at time of writing.<br/><br/> The pair was likely to find support at 127.06, Tuesday&rsquo;s low, and resistance at 128.42, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.19% to hit 1.6435 and EUR/GBP falling 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Daily Fundamental Analysis For July 27, 2011 Posted: 26 Jul 2011 11:19 AM PDT By CommoditiesMansion.com Crude oil prices were little changed on Tuesday after some noticeable fluctuations earlier in the day, where pessimism continued to dominate markets, since U.S. lawmakers failed to reach an agreement to raise the debt ceiling ahead of an August 2 deadline after which the United States will default on its debt payments, which kept investors on their toes, and drove them away from risky assets, which put negative pressure on crude oil prices, yet the weakness of the U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Daily Fundamental Analysis For July 27, 2011 Posted: 26 Jul 2011 11:19 AM PDT By CommoditiesMansion.com After falling on Monday, natural gas prices extended their drop on Tuesday, where expectations of moderating weather conditions in the Midwest of the United States boosted speculations of lower demand for power-plant fuel. Expectations of milder weather conditions towards the end of this month and early in August should put natural gas prices under pressure, since it will lead to speculations of faling demand for power-plant fuel. Originally posted here Explore … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Daily Fundamental Analysis For July 27, 2011 Posted: 26 Jul 2011 11:18 AM PDT By CommoditiesMansion.com Gold prices were slightly lower on Tuesday, as investors locked in their profits after gold prices hit a record high on Monday, however, gold prices remained supported as U.S. lawmakers failed to reach an agreement to raise the debt ceiling, which maintained the pressure on the U.S. dollar, and accordingly, gold prices remained well above $1600 an ounce. Traders continue to target gold as a safe haven, especially since they doubt U.S. lawmakers will be able to reach a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For July 27, 2011 Posted: 26 Jul 2011 10:23 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL contract had a familiar move during the Tuesday session: fall, bounce, and finish slightly higher for the day. This has been the pattern for quite some time. The market even managed to pierce the $100 mark at a point in trading, and looks quite bullish. Although we have pulled back during the afternoon, one has to think the resistance is giving way. We are still bullish, but need a solid close above $100 to get involved, or perhaps a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For July 27, 2011 Posted: 26 Jul 2011 10:22 AM PDT By CommoditiesMansion.com   Natural gas had a down day on Tuesday, but has also popped back up in late trading to form a hammer on the daily chart. This could perhaps be the signal that we have been waiting for in this market. The $4.30 has held the price of this commodity up, and it looks like we are ready to bounce from here. A break of the Tuesday high gets us long of this market. We don't short, as we are sitting just above the $4.20 to $4 support area. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For July 27, 2011 Posted: 26 Jul 2011 10:21 AM PDT By CommoditiesMansion.com   The gold market rose again on Tuesday as traders are still willing to express their concerns over the US debt talks. As long as these talks stall, gold should be bid up. Also, there will more than likely be a knee-jerk selloff in the market once a deal is reached. However, there are numerous reasons why this market keeps going higher, and this agreement will not change that. Because of that, our favorite trade now is to simply let the pullback arrive, and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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