DailyMarkets.com - Conceptus Recovers, Beats Estimates

---

• Conceptus Recovers, Beats Estimates
• GGB’s 2Q Weak On Rising Expenses
• Earnings Scorecard: Equity Residential
• Viacom Reports Blockbuster 3Q
• DineEquity Lags, Reaffirms Outlook
• USD/CHF Trading In A Range With Bearish Bias
• Forex – GBP/USD Up On Economic Data
• Canada’s Ivey PMI Falls More-than-expected
• U.S. Dollar, Risk-Appetite Rallies Following July Nonfarm Payrolls
• Regal Beloit 2Q Beats Estimate
• Church & Dwight Beats By A Penny
• Cooper Tire Reports Mixed 2Q
• Forex – EUR/USD Up On Economic Data
• DexCom Meets, Cuts Losses
• Regal Beloit 2Q Beats Estimate
• Stock Market News Briefs: Allergan, The Blackstone Group L.P., Clorox Company, General Motors, Kraft Foods, NRG Energy, Piper Jaffray Companies, Wells Fargo & Company, Website Pros
• Reassuring Jobs Report
• Earnings Preview: TAM S.A.
• Forex – EUR/JPY Up In European Trade
• Japanese Yen: Choppy
• Swiss Franc: The Downside Prevails
• Euro: The Downside Prevails
• British Pound: Under Pressure
• Japan Fires The Next Shot In The Currency Intervention War
• Mixed Reaction From Dollar As Labor Market Soothes Pain
• Forex – USD/CAD Down In European Trading Hours
• Forex Trading: GBPUSD Eyes The 38.2% Retracement Level
• EUR/USD’s Battle Lines For The Post NFP Reaction
• PPG Acquires Colpisa
• Nordstrom Comps Delivers Yet Again
• Higher Expenses Hurt Onyx
• July Employment Report
• Forex – EUR/USD Up On Economic Data
• Forex Trading: EURUSD Moves Up Initially Then Comes Back Off
• U.S. Non-farm Payrolls Rise More-than-expected
• U.S. Unemployment Rate Falls Unexpectedly
• Novatel Beats Zacks Estimates
• Fluor Outpaces Estimate
• Forex Trading: GBPUSD Above And Below 100 Day MA
• Forex Trading: EURUSD Targets Outlined Through NFP Report
• Markets In Everything: Cutting Cars In Half
• Forex – EUR/GBP Up During The European Session
• Forex – GBP/CHF Up In European Trade
• Canadian Unemployment Rate Falls Unexpectedly
• Forex – USD/CAD Up On Economic Data
• Canadian Employment Change Rises Less-than-expected
• Forex – AUD/USD Down In European Trading Hours
• Forex – USD/CHF Up During The European Session

Conceptus Recovers, Beats Estimates Posted: 05 Aug 2011 08:03 AM PDT Contraception device maker, Conceptus Inc. (NASDAQ:CPTS) reported EPS of 1 cent during the second quarter of fiscal 2011 beating both the Zacks Consensus Estimate and the year-ago quarter's net loss per share of 1 cent. Revenues in the reported quarter declined 8.2% year over year to $33.8 million, but were marginally ahead of the Zacks Consensus Estimate of $33 million. The significant decline in sales was primarily attributed to macroeconomic headwinds, which in turn resulted in persistent … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GGB’s 2Q Weak On Rising Expenses Posted: 05 Aug 2011 08:03 AM PDT Brazilian steel producer, Gerdau S.A.'s (NYSE:GGB) second quarter 2011 net income plummeted 41% year over year to R$503 million (US$316.4 million), while registering a sequential growth of 23%. Earnings per share (EPS) were R$0.32 (20 cents per ADR) down compared with R$0.54 (29 cents per ADR) in the year-ago period. Results were also below the Zacks Consensus Estimate of 32 cents per ADR. The bottom-line results were negatively affected by higher cost of sales, which more than offsets higher … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Equity Residential Posted: 05 Aug 2011 07:35 AM PDT Equity Residential (NYSE:EQR) reported funds from operations (FFO) of $180.7 million in second quarter 2011 compared with $175.1 million in the year-ago quarter. FFO per share in the reported quarter remained flat year over year at 58 cents. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. Excluding one-time items, FFO in the second quarter stood at $186.7 million or 60 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Viacom Reports Blockbuster 3Q Posted: 05 Aug 2011 07:30 AM PDT Viacom Inc.(VIA.B) declared blockbuster financial results in the third quarter of 2011. Quarterly net income from continuing operation was $574 million or 97 cents per share in the reported quarter compared with $432 million or 71 cents per share in the prior-year quarter. However, adjusted (excluding debt extinguishment cost) EPS of 99 cents was significantly higher than the Zacks Consensus Estimate of 86 cents. Quarterly total revenue was $3,766 million, up 15% year over year and beat the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DineEquity Lags, Reaffirms Outlook Posted: 05 Aug 2011 07:30 AM PDT DineEquity Inc. (NYSE:DIN), operating under the Applebee’s Neighborhood Grill & Bar and IHOP brands, reported second quarter adjusted earnings of 90 cents per share, missing the Zacks Consensus Estimate of $1.02 but in line with the prior-year quarter earnings. The lower-than-expected results were due to negative comparable sales in the IHOP chain of restaurants. Revenues in the reported quarter plunged 21.1% year over year to $268.3 million and also missed the Zacks Consensus Estimate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Trading In A Range With Bearish Bias Posted: 05 Aug 2011 07:16 AM PDT Prev: USD/CHF May be Completing an ABC Correction (8/4) USD/CHF Consolidation: - After a zig zag, the market headed south. However, without breaking below our previous low at 0.7608, this can still be just  bear trap for further consolidation, or even a reversal (more likely consolidation). - This scenario sets up range trading between roughly 0.76 and 0.78. A break above eyes 0.80, a break below targets 0.74 (new record low) Bearish Continuation: - The ranging scenario is really … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up On Economic Data Posted: 05 Aug 2011 07:10 AM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> GBP/USD was trading at 1.6352, up 0.58% at time of writing.<br/><br/> The pair was likely to find support at 1.6225, Tuesday&rsquo;s low, and resistance at 1.6476, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canada’s Ivey PMI Falls More-than-expected Posted: 05 Aug 2011 07:10 AM PDT Forexpros – Canada&rsquo;s Ivey Purchasing Manager&rsquo;s Index fell more-than-expected last month, data showed on Friday.<br/><br/>In a report, The Richard Ivey School of Business said that Ivey PMI fell to 45.4, from 68.2 in the preceding month.<br/><br/>Analysts had expected Ivey PMI to fall to 62.9 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Dollar, Risk-Appetite Rallies Following July Nonfarm Payrolls Posted: 05 Aug 2011 07:09 AM PDT The U.S. Dollar was bid higher against the Japanese Yen while higher-yielding currencies rallied against the majors following July's better-than-expected July nonfarm payrolls figure. July's data from the Labor Department, showing an increase in payrolls by 117K following June's revised 46K increased offers a sigh of relief to market's following Thursday's flight to safety, with equity markets around the world dropping anywhere from near 2 percent to over 5 percent. The figures … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Regal Beloit 2Q Beats Estimate Posted: 05 Aug 2011 07:03 AM PDT Regal Beloit Corporation (NYSE:RBC) posted its earnings per share (excluding the incremental warranty accrual) of $1.32 in the second quarter of fiscal 2011 compared with $10.7 per share in the year-earlier quarter, ahead of management's guidance range of  $1.22 – $1.28 and the Zacks Consensus Estimates of $1.25. Including the impact of incremental warranty accrual, the company's earnings per share were 88 cents. Revenues The company generated net sales of $681.8 million, up 16.7% from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Church & Dwight Beats By A Penny Posted: 05 Aug 2011 07:03 AM PDT Church & Dwight Co. Inc. (NYSE:CHD), a leading consumer products company, posted second-quarter 2011 earnings of 57 cents a share, beating the Zacks Consensus Estimate by a penny. The reported earnings were up 11.8% from 51 cents earned in the prior-year quarter. Benefiting from cost reduction programs, management reiterated its earnings guidance of $2.17 to $2.20 a share for fiscal 2011, reflecting an increase of 10% to 11% over 2010 results. Church & Dwight's top line increased 5.3% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cooper Tire Reports Mixed 2Q Posted: 05 Aug 2011 07:03 AM PDT Cooper Tire & Rubber Company (NYSE:CTB) delivered a net income of 18 cents per share from continuing operations in the second quarter of 2011, down significantly from 30 cents per share reported in the year-ago quarter. Reported net income was also substantially lower than the Zacks Consensus Estimate of 46 cents per share. Lower-than-expected results were largely affected by higher raw material costs and lower volumes across each of the company's operating segments. Total sales in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up On Economic Data Posted: 05 Aug 2011 06:45 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4198, up 0.73% at time of writing.<br/><br/> The pair was likely to find support at 1.4056, Thursday&rsquo;s low, and resistance at 1.4453, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 117K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DexCom Meets, Cuts Losses Posted: 05 Aug 2011 06:40 AM PDT DexCom (NASDAQ:DXCM), a prominent player in the glucose monitoring market, reported second-quarter fiscal 2011 loss per share of 11 cents, matching the Zacks Consensus Estimate, but lower than the year-ago loss of 20 cents. Net loss for the quarter trimmed roughly 37% year over year to $7.4 million owing to solid revenue growth. Revenues Revenues skyrocketed 82% year over year to $21.4 million, mostly in line with the Zacks Consensus Estimate. Product sales catapulted 68% to $15.2 million while … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Regal Beloit 2Q Beats Estimate Posted: 05 Aug 2011 06:35 AM PDT Regal Beloit Corporation (NYSE:RBC) posted its earnings per share (excluding the incremental warranty accrual) of $1.32 in the second quarter of fiscal 2011 compared with $10.7 per share in the year-earlier quarter, ahead of management's guidance range of  $1.22 – $1.28 and the Zacks Consensus Estimates of $1.25. Including the impact of incremental warranty accrual, the company's earnings per share were 88 cents. Revenues The company generated net sales of $681.8 million, up 16.7% from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market News Briefs: Allergan, The Blackstone Group L.P., Clorox Company, General Motors, Kraft Foods, NRG Energy, Piper Jaffray Companies, Wells Fargo & Company, Website Pros Posted: 05 Aug 2011 06:35 AM PDT     NRG Energy (NYSE:NRG) posted Q2 EPS of $2.53, clearly beating the Zacks Consensus Estimate of $0.38 per share. Revenues for the quarter rose 6.8% year-over-year to $2.28 billion, which came in lower than the Zacks Consensus Estimate of $2.7 billion     Shares of Kraft Foods (NYSE:KFT) opened higher after the company announced plans to split the company into two separate public companies. However, shares of the company lost ground and closed 1.52% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Reassuring Jobs Report Posted: 05 Aug 2011 06:35 AM PDT Today’s better-than-expected jobs report is reassuring enough to help reverse the extreme negative sentiment that was behind the sharp market sell off on Thursday. What does it reassure us of? It shows that we are not heading in the direction of another recession. On the other hand, it is further confirmation that the U.S. economy is maintaining its recent sub-par growth pace into the back half of the year. So, while fears of a recession may be exaggerated, there is no evidence at this stage … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: TAM S.A. Posted: 05 Aug 2011 06:35 AM PDT TAM S.A. (NYSE:TAM) will be reporting its second-quarter 2011 earnings on Tuesday, August 9, 2011. The current Zacks Consensus Estimate for earnings per share (EPS) is 7 cents, representing an annualized growth of 112.07%.   With respect to earnings surprises over the trailing four quarters, TAM outperformed the Zacks Consensus Estimate in two quarters and was in line with the other two quarters. Average earnings surprise was 11.26%, implying that the company outperformed the Zacks Consensus … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up In European Trade Posted: 05 Aug 2011 06:25 AM PDT Forexpros – The Euro was higher against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/JPY was trading at 111.84, up 0.59% at time of writing.<br/><br/> The pair was likely to find support at 108.73, Monday&rsquo;s low, and resistance at 114.18, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 117K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Yen: Choppy Posted: 05 Aug 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

Swiss Franc: The Downside Prevails Posted: 05 Aug 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: 05 Aug 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: 05 Aug 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

Japan Fires The Next Shot In The Currency Intervention War Posted: 05 Aug 2011 06:18 AM PDT Friday, August 5, 2011 If history is any guide, the continued intervention in the Forex market by the Bank of Japan (“BOJ”) will not be successful in the long run. Some traders who expect the Yen to once again test the highs vs. the US Dollar may wish to explore a diagonal spread in Yen futures options. For example, with the Sep Yen trading at 1.2675 and the December Yen trading at 1.12687 as of this writing, the October Yen 1.3200 call could be bought and the September Yen 1.3000 call sold for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mixed Reaction From Dollar As Labor Market Soothes Pain Posted: 05 Aug 2011 06:18 AM PDT It’s difficult to isolate the impact of the recent debt-ceiling debate from the value of the dollar, with rationale argument concluding that the greenback has cheapened in face of longer-term budget concerns. What remains strange is, given that the European debt crisis is not only at the heart of the current bout of weakness but also only worsening, that the euro still hasn’t cheapened below $1.4000. European political leaders see powerless in achieving a coordinated response other than … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In European Trading Hours Posted: 05 Aug 2011 06:15 AM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> USD/CAD was trading at 0.9746, down 0.70% at time of writing.<br/><br/> The pair was likely to find support at 0.9492, Monday&rsquo;s low, and resistance at 0.9836, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBPUSD Eyes The 38.2% Retracement Level Posted: 05 Aug 2011 06:13 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD’s Battle Lines For The Post NFP Reaction Posted: 05 Aug 2011 06:04 AM PDT Prev: EUR/USD Bulls Defend Initial Bearish Reaction to Trichet's Mention of Stimulus (8/4) EUR/USD NFP and the 1.4150-1.42 Zone - Tuesday and Wednesday's broken lows near 1.4150 to 1.4175 were being tested ahead of the NFP release. This is near the 38.2% retracement level seen int he 1H chart. - The forecast for 89K to 91K after a dismal 18K is not that aggressive. Coming out at 119K, with unemployment edging down to 9.1%,  the market reacted with risk appetite, and is attempting to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PPG Acquires Colpisa Posted: 05 Aug 2011 06:03 AM PDT PPG Industries Inc. (NYSE:PPG) along with its subsidiary PPG Colombia, acquired Colpisa Colombiana de Pinturas and its affiliates, including Colpisa Ecuador for an undisclosed amount. The transaction is expected to be closed by March 2012. Based in Itagüí, Colpisa is engaged in the manufacture and distribution of coatings for automotive original equipment manufacturers and refinish, and architectural coatings. Its facility has 400 employees and the company has worked with PPG automotive since … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nordstrom Comps Delivers Yet Again Posted: 05 Aug 2011 06:03 AM PDT Same-store sales at Nordstrom Inc. (NYSE:JWN) grew by 6.6% for the four-week period ended July 30, 2011. Total retail sales in July 2011 climbed 11.5% to $993 million from $890 million for the four-week period ended July 31, 2010. The rise in July 2011 comparable store sales is primarily driven by the company's ‘Anniversary Sale’, which recorded a 6.7% year-over-year increase. July is typically the second largest sales month for Nordstrom. Moreover, Nordstrom’s second-quarter 2011 comparable … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Higher Expenses Hurt Onyx Posted: 05 Aug 2011 06:03 AM PDT Onyx Pharmaceuticals Inc.'s (NASDAQ:ONXX) second quarter 2011 loss of 56 cents per share was 22 cents wider than the Zacks Consensus Estimate and 51 cents wider than the year-ago loss. Lower revenues and higher operating expenses led to the wider loss. Quarterly Details Quarterly revenues declined 1.2% to $68.0 million, missing the Zacks Consensus Estimate of $75.0 million. Revenues comprise collaboration revenues under the company's agreement with Bayer AG (BAYRY) for the development and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

July Employment Report Posted: 05 Aug 2011 05:51 AM PDT The BLS website must be down, I can’t get the full employment report, but here’s a summary from the WSJ: “Friday’s report showed private-sector employers, which account for about 70% of the work force, added 154,000 jobs in July, up from 80,000 in June. Several major industries showed job gains. Manufacturing employment increased by 24,000 in July, more than double the gain from the previous month. Economists had been expecting a bounce as disruptions to production stemming from Japan’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up On Economic Data Posted: 05 Aug 2011 05:45 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4137, up 0.30% at time of writing.<br/><br/> The pair was likely to find support at 1.4056, Thursday&rsquo;s low, and resistance at 1.4453, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 117K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Moves Up Initially Then Comes Back Off Posted: 05 Aug 2011 05:40 AM PDT The EURUSD shot up on the better than expected NFP (relief move reversing the risk off trade). The price has moved back and has been able to stay above the 38.2% of the move up from the low reached in the Far East session . That level comes in at teh1.4154. Staying above this level will be needed to keep the trade in place. If the price moves below this level, there could/should be a change in sentiment on the disappointment to reverse the losses from yesterday higher. Watch the action … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Non-farm Payrolls Rise More-than-expected Posted: 05 Aug 2011 05:40 AM PDT Forexpros – U.S. non-farm payrolls rose more-than-expected last month, official data showed on Friday.<br/><br/> In a report, the U.S. Department of Labor said non-farm payrolls rose to a seasonally adjusted 117K, from 46K in the preceding month whose figure was revised up from 18K.<br/><br/> Analysts had expected U.S. non-farm payrolls to rise 95K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Unemployment Rate Falls Unexpectedly Posted: 05 Aug 2011 05:40 AM PDT Forexpros – The rate of unemployment in the U.S. last month fell unexpectedly, official data showed on Friday.<br/><br/> In a report, the U.S. Department of Labor said the unemployment rate fell to a seasonally adjusted 9.1%, from 9.2% in the preceding month .<br/><br/> Analysts had expected the U.S. unemployment rate to remain unchanged at 9.2% last month. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Novatel Beats Zacks Estimates Posted: 05 Aug 2011 05:30 AM PDT Novatel Wireless Inc. (NASDAQ:NVTL) declared its second-quarter 2011 financial results after the closing bell yesterday, easily beating the Zacks Consensus Estimate. However, Novatel is still suffering from net losses and management is yet to provide any timeframe when Novatel will again attain profitability. EPS On a GAAP basis, net loss in the second quarter of 2011 was $3.9 million or a loss of 12 cents per share compared with a net loss of $22 million or 70 cents per share in the prior-year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fluor Outpaces Estimate Posted: 05 Aug 2011 05:30 AM PDT Fluor Corporation (NYSE:FLR) reported second-quarter 2011 earnings per share of 94 cents, outperforming the Zacks Consensus Estimate of 81 cents. Prior-year earnings per share were 87 cents. Total Revenue Total revenue was $6.0 billion compared with $5.2 billion in the second quarter of 2010, led by growth in the Industrial & Infrastructure segment. Segment Revenue Revenue from Oil & Gas segment was $2.0 billion compared with $1.8 billion in the year-ago quarter, driven by new awards and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBPUSD Above And Below 100 Day MA Posted: 05 Aug 2011 05:27 AM PDT The GBPUSD is above and below the 100 day MA at the 1.6259 level today. There is also the 61.8% retracement at the  1.6252 and trendline support at the low for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Targets Outlined Through NFP Report Posted: 05 Aug 2011 05:24 AM PDT The EURUSD has resistance at 1.42065 and then the 1.4231 where the 100 hour MA is currently located.   ON the downside, the trendlines in the chart above are the initial targets to get through. The top trendline comes in at the 1.4117 level. Below that the low from yesterday at 1.4054 and the trendline at 1.4035 are the next … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything: Cutting Cars In Half Posted: 05 Aug 2011 05:20 AM PDT From the “Today I Learned Something New Blog”: “People who import cars to Ukraine sometimes [pay to have] the car cut in two separate pieces and carry it through customs this way (see photo). By doing this, they save a fortune on import tax. A car carried in two pieces is seen as spare parts and therefore is taxed at a much lower rate than a normal car.  When in Ukraine, the [owner pays to have the] car welded back into one piece.”  MP: The economic lessons here are: a) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The European Session Posted: 05 Aug 2011 05:00 AM PDT Forexpros – The Euro was higher against the British Pound on Friday.<br/><br/> EUR/GBP was trading at 0.8696, up 0.31% at time of writing.<br/><br/> The pair was likely to find support at 0.8656, today&rsquo;s low, and resistance at 0.8805, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.45% to hit 1.4158 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/CHF Up In European Trade Posted: 05 Aug 2011 04:30 AM PDT Forexpros – The British Pound was higher against the Swiss Franc on Friday.<br/><br/> GBP/CHF was trading at 1.2494, up 0.68% at time of writing.<br/><br/> The pair was likely to find support at 1.2368, Thursday&rsquo;s low, and resistance at 1.3093, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.25% to hit 1.6297 and EUR/GBP rising 0.31% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Unemployment Rate Falls Unexpectedly Posted: 05 Aug 2011 04:15 AM PDT Forexpros – The rate of unemployment in Canada fell unexpectedly last month, official data showed on Friday.<br/><br/>In a report, Statistics Canada said that Canadian unemployment rate fell to a seasonally adjusted 7.2%, from 7.4% in the preceding month.<br/><br/>Analysts had expected Canadian unemployment rate to remain unchanged at 7.4% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up On Economic Data Posted: 05 Aug 2011 04:10 AM PDT Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of Canadian data on Employment Change.<br/><br/> USD/CAD was trading at 0.9814, up 0.001% at time of writing.<br/><br/> The pair was likely to find support at 0.9492, Monday&rsquo;s low, and resistance at 0.9836, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Canadian employment change rose less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Employment Change Rises Less-than-expected Posted: 05 Aug 2011 04:10 AM PDT Forexpros – Canadian employment change rose less-than-expected last month, official data showed on Friday.<br/><br/>In a report, Statistics Canada said that Canadian employment change rose to a seasonally adjusted 7.1K, from 28.4K in the preceding month.<br/><br/>Analysts had expected Canadian employment change to rise 20.0K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In European Trading Hours Posted: 05 Aug 2011 04:00 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday.<br/><br/> AUD/USD was trading at 1.0459, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.0425, Thursday&rsquo;s low, and resistance at 1.1065, Monday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.53% to hit 1.3540 and AUD/JPY falling 0.60% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up During The European Session Posted: 05 Aug 2011 03:20 AM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday after the release of Swiss data on CPI.<br/><br/> USD/CHF was trading at 0.7684, up 0.64% at time of writing.<br/><br/> The pair was likely to find support at 0.7610, Tuesday&rsquo;s low, and resistance at 0.7954, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Consumer price inflation in Switzerland fell more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610