DailyMarkets.com - Euro Stocks Slump As Merkel, Sarkozy Disappoint; DAX Down 1.3% |
- Euro Stocks Slump As Merkel, Sarkozy Disappoint; DAX Down 1.3%
- Crude Oil Futures Edge Higher As U.S. Gasoline Supplies Drop
- Gold Trades Above USD1,790 As Euro Zone Debt Concerns Remain
- Euro Zone CPI Holds Steady In Line With Expectations In July
- Forex Trading: Eurozone CPI (y/y) 2.5% As Expected.
- Forex – Dollar Higher Vs. Rivals, Swiss Franc Surges On SNB Move
- U.K. Claimant Count Change Up Significantly In July
- Swiss National Bank Intensifies Swiss Franc Measures
- Forex – GBP/USD Edges Lower As Jobs Data, BOE Minutes Eyed
- Sudan Central Banking Developments: Currencies And Governors
- Euro Zone Current Account Deficit Widens Unexpectedly
- Forex Trading: Eurozone Current Account -7.4B; Worse Than The -3.6B Forecast And -5.2B Prior Reading.
- Forex – USD/CHF Tumbles After SNB Refrains From Peg
- Forex – NZD/USD Dips Amid Reduced Appetite For Riskier Assets
- Forex – AUD/USD Slides As Risk Aversion Sharpens
- Asia Stocks Mixed With EU, Earnings In Focus; Nikkei Drops 0.55%
- Forex – EUR/USD Lower As Franco-German Summit Disappoints
- Momentum Stock: Changyou.com Ltd
- Aggressive Growth Stock: Coleman Cable
- Growth & Income Stock: Community Bank System, Inc.
- Bear Of The Day: Computer Sciences Corp. (CSC)
- Bull Of The Day: Sunoco Logistics, LP (SXL)
- A Look At GBP/USD And GBP/JPY Ahead Of The Claimant Count And MPC Meeting Minutes
- Forex – EUR/USD Down During The Asian Session
- Forex – GBP/USD Down In Asian Trade
- Louise Yamada: It’s A Technical Mess All Over The World
- Gold Futures Rise In Mid-day Asian Trade
- Forex – USD/JPY Eases In Mid-day Asian Trade
- A Flash From The Past
- First They Came For The Kid-Run Lemonade Stands
- Asian Stocks Lack Direction After French-German Meeting; Nikkei Sheds 0.8%
- How To Bank Ten Percent In A Few Days
- Forex – AUD/USD Down On Economic Data
- Australian Wage Price Index Rises
- Markets In Everything: Patient Navigation
- Crude Oil Futures Edge Higher In Early Asian Trade
- Oil Technical Analysis For August 17, 2011
- Natural Gas Technical Analysis For August 17, 2011
- Gold Technical Analysis For August 17, 2011
- Crude Oil Daily Fundamental Analysis For August 17, 2011
| Euro Stocks Slump As Merkel, Sarkozy Disappoint; DAX Down 1.3% Posted: 17 Aug 2011 03:01 AM PDT Forexpros – European stock markets were broadly lower on Wednesday, after a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy failed to ease concerns over the euro zone’s ongoing sovereign debt crisis. <br /><br />During European morning trade, the EURO STOXX 50 dropped 0.8%, France’s CAC 40 slumped 0.3%, while Germany’s DAX 30 tumbled 1.3%.<br /><br />In a meeting on Tuesday, German Chancellor Angela … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Futures Edge Higher As U.S. Gasoline Supplies Drop Posted: 17 Aug 2011 02:38 AM PDT Forexpros – Crude oil futures were up on Wednesday, trading close to a two-week high after industry data showed that U.S. gasoline supplies fell to the lowest level since June 2009 last week, easing concerns over a slowdown in U.S. demand.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at USD87.89 a barrel during European morning trade, climbing 0.85%. <br /><br />It earlier rose as much as 0.96% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Trades Above USD1,790 As Euro Zone Debt Concerns Remain Posted: 17 Aug 2011 02:12 AM PDT Forexpros – Gold futures were up for a third day on Wednesday, re-approaching the psychologically-important level of USD1,800-an-ounce after a summit meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel failed to produce a resolution to the region’s ongoing debt crisis. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,794.15 a troy ounce during early European … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Euro Zone CPI Holds Steady In Line With Expectations In July Posted: 17 Aug 2011 02:08 AM PDT Forexpros – Consumer price inflation in the euro zone held steady broadly in line with market expectations in July, official data showed on Wednesday. <br /><br />In a report, Eurostat said consumer price inflation held steady at 2.5% in July, unchanged from the previous month and broadly in line with market expectations. <br /><br />Core CPI, which excludes food, energy, alcohol, and tobacco costs, rose by a seasonally adjusted 1.2%, below expectations for a 1.6% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: Eurozone CPI (y/y) 2.5% As Expected. Posted: 17 Aug 2011 02:02 AM PDT Core CPI (y/y) 1.2%; worse than … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – Dollar Higher Vs. Rivals, Swiss Franc Surges On SNB Move Posted: 17 Aug 2011 01:51 AM PDT Forexpros – The U.S. dollar was higher against most of its major counterparts on Wednesday, following the disappointing outcome of the previous day’s Franco-German summit meeting, while the Swiss franc jumped after the Swiss National Bank announced further measures to weaken the franc, but stopped short of pegging the currency.<br /><br />During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.1% to hit 1.4392.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.K. Claimant Count Change Up Significantly In July Posted: 17 Aug 2011 01:37 AM PDT Forexpros – The number of people claiming unemployment benefits in the U.K. rose significantly more-than-expected in July, official data showed on Wednesday.<br /><br />In a report, the U.K. Office for National Statistics said that the claimant count rose by a seasonally adjusted 37,100 in July, above expectations for an increase of 20,000.<br /><br />The previous month’s figure was revised up to 31,300 from a previously reported 24,500.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Swiss National Bank Intensifies Swiss Franc Measures Posted: 17 Aug 2011 01:30 AM PDT The Swiss National Bank (SNB) made an additional announcement on measures to halt a strong Swiss franc (CHF), but did not mention a potential Euro currency-peg as rumored. The SNB said ”the Swiss franc remains massively overvalued” and “it aims to expand banks’ sight deposits at the SNB further, from CHF 120 billion to CHF 200 billion. In order to achieve this new target level as quickly as possible, it will continue to repurchase outstanding SNB Bills and to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Edges Lower As Jobs Data, BOE Minutes Eyed Posted: 17 Aug 2011 01:21 AM PDT Forexpros – The pound was steady against the U.S. dollar on Wednesday, paring earlier losses, as markets awaited key U.K. data on the claimant count change and the minutes of the most recent Bank of England policy-setting meeting.<br /><br />GBP/USD bounced off from 1.6402 during early European trade, the daily low; the pair subsequently consolidated at 1.6436, still down 0.11% on the day. <br /><br />Cable was likely to find support at 1.6322, Tuesday’s low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Sudan Central Banking Developments: Currencies And Governors Posted: 17 Aug 2011 01:08 AM PDT Since the break-up of Sudan into two separate countries (North Sudan, and South Sudan), there have been a series of developments in central banking in the two countries as the process of building new nations gets underway. The developments include the formation of a new central bank, the issuing of new currencies, and staffing changes. The key facts in the timeline of post-secession Sudanese central banking are summarised below: 2005 Comprehensive Peace Agreement paves way for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Euro Zone Current Account Deficit Widens Unexpectedly Posted: 17 Aug 2011 01:06 AM PDT Forexpros – The euro zone current account deficit widened unexpectedly in June, official data showed on Wednesday.<br /><br />In a report, the European Central Bank said that the euro zone current account recorded a seasonally adjusted deficit of EUR7.4 billion in June, after recording a deficit of EUR5.6 billion in May, whose figure was revised from a deficit of EUR5.2 billion.<br /><br />Economists had expected the current account deficit to narrow to EUR3.6 billion. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 17 Aug 2011 01:01 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CHF Tumbles After SNB Refrains From Peg Posted: 17 Aug 2011 12:57 AM PDT Forexpros – The U.S. dollar was down sharply against the Swiss franc on Wednesday, after the Swiss National Bank announced further measures to weaken the franc, but stopped short of pegging the currency to the euro.<br /><br />USD/CHF pulled back from 0.8016 during early European morning trade, the highest July 29; the pair subsequently consolidated at 0.7873, dropping 1.05%.<br /><br />The pair was likely to find support at 0.7547, the low of August 12 and resistance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Dips Amid Reduced Appetite For Riskier Assets Posted: 17 Aug 2011 12:37 AM PDT Forexpros – The New Zealand dollar edged lower against its U.S. counterpart on Wednesday, amid ongoing concerns over the euro zone’s sovereign debt crisis and after official data showed that producer input prices rose less-than-expected.<br /><br />NZD/USD hit 0.8311 during late Asian trade, a daily low; the pair subsequently consolidated at 0.8342, shedding 0.2%.<br /><br />The pair was likely to find support at 0.8179, the low of August 12 and short-term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Slides As Risk Aversion Sharpens Posted: 17 Aug 2011 12:22 AM PDT Forexpros – The Australian dollar was down against its U.S. counterpart for a second day on Wednesday, as risk aversion sharpened after a summit meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel failed to produce a resolution to the region’s ongoing debt crisis. <br /><br />AUD/USD hit 1.0432 during late Asian trade, a daily low; the pair subsequently consolidated at 1.0463, shedding 0.21%.<br /><br />The pair was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Asia Stocks Mixed With EU, Earnings In Focus; Nikkei Drops 0.55% Posted: 17 Aug 2011 12:02 AM PDT Forexpros – Asian stock markets were mixed on Wednesday, as shares in Japan were pressured following the disappointing outcome of the previous day’s Franco-German summit meeting, while markets in Hong Kong and Australia were boosted by strong earnings reports. <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.5%, Australia’s ASX/200 Index rallied 1.3%, while Japan’s Nikkei 225 Index slumped 0.55%.<br /><br />German … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Lower As Franco-German Summit Disappoints Posted: 16 Aug 2011 11:41 PM PDT Forexpros – The euro edged lower against the U.S. dollar on Wednesday, as the previous day’s meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy failed to ease concerns over the euro zone’s ongoing sovereign debt crisis. <br /><br />EUR/USD hit 1.4350 during late Asian trade, the daily low; the pair subsequently consolidated at 1.4388, shedding 0.12%.<br /><br />The pair was likely to find support at 1.4250, the low of August … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Momentum Stock: Changyou.com Ltd Posted: 16 Aug 2011 11:05 PM PDT Changyou.com Ltd (CYOU) has seen big gains in 2011, recently hitting a new all-time high after reporting another strong quarter. With estimate son the rise and a bullish growth projection, this Zacks #1 Rank stock isn’t playing games with momentum.
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| Aggressive Growth Stock: Coleman Cable Posted: 16 Aug 2011 11:05 PM PDT Coleman Cable (NASDAQ:CCIX) is showing fantastic growth rates which can be bought at a good price. Estimates are moving higher and CCIX is leading a hot industry.
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| Growth & Income Stock: Community Bank System, Inc. Posted: 16 Aug 2011 11:05 PM PDT Not all banks overleveraged themselves or made 100% loan-to-value loans to people with awful credit histories during the zenith of the housing bubble. Community Bank System, Inc. (NYSE:CBU) is one such bank that bucked the trend and, as a result, didn’t need a bailout or to slash its dividend during the financial crisis.
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| Bear Of The Day: Computer Sciences Corp. (CSC) Posted: 16 Aug 2011 11:05 PM PDT Computer Sciences Corp. (NYSE:CSC) is one of the leading players in the information technology (IT) services industry. We are apprehensive about the intense competition in the IT and cloud computing space from both small and big players such as Accenture and Hewlett-Packard.
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| Bull Of The Day: Sunoco Logistics, LP (SXL) Posted: 16 Aug 2011 11:05 PM PDT Buoyed by a robust operating performance and favorable growth prospects, we are upgrading Sunoco Logistics Partners, LP (NYSE:SXL) to Outperform from Neutral. Recent results for Sunoco Logistics have been driven by strength in its crude pipeline system and terminals facilities.
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| A Look At GBP/USD And GBP/JPY Ahead Of The Claimant Count And MPC Meeting Minutes Posted: 16 Aug 2011 10:57 PM PDT Prev: GBP/USD Targets 1.6460, 1.6546 in Bullish Continuation (8/15)
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| Forex – EUR/USD Down During The Asian Session Posted: 16 Aug 2011 10:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4406, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.4151, Friday’s low, and resistance at 1.4475, Monday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8770 and EUR/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Down In Asian Trade Posted: 16 Aug 2011 10:25 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6436, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.6167, Friday’s low, and resistance at 1.6477, Tuesday’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.14% to hit 0.8766 and GBP/JPY falling 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Louise Yamada: It’s A Technical Mess All Over The World Posted: 16 Aug 2011 08:25 PM PDT Louise Yamada goes over the technical picture of the stock market after this recent major sell-off. She says that we're at a critical juncture right now and the damage across foreign markets is a major red … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Futures Rise In Mid-day Asian Trade Posted: 16 Aug 2011 08:03 PM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – Gold futures moved higher in Asian trade Wednesday, as sagging equity markets in Europe and the U.S. lured investors away from shakier assets and into the precious metal.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”><span style=”letter-spacing: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Eases In Mid-day Asian Trade Posted: 16 Aug 2011 07:27 PM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – The U.S. dollar extended losses against the Japanese yen in Asian trade Wednesday, as a Wall Street dip and continued concerns of European debt pushed the greenback lower. </span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”> </p> <p style=”font: normal … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 16 Aug 2011 07:23 PM PDT Click on any chart to ENLARGE I was doing a little tinkering with gold’s updated chart this evening and I noticed something that reminded me of some work I had done in the past. I poked around a bit and found this weekly chart I posted on April 10th. It’s a chart of silver. I surmised in my analysis that silver had not quite peaked, based on historical readings of previous silver parabolic moves, and speculated that it had about 3-5 weeks left on the shot clock before … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| First They Came For The Kid-Run Lemonade Stands Posted: 16 Aug 2011 07:05 PM PDT Then the licensing gestapo came for the adult-run, artisanal ice cream makers like Mrs. Swanberg: Chicago Tribune — “A few years ago, Kris Swanberg (pictured above), having been laid-off from her job as a Chicago Public School teacher, remembered she received an ice cream maker as a wedding gift. The Chicago mom fished it out of her kitchen cabinet and eventually started a new career. Today Swanberg's Nice Cream — on sale at local Whole Foods and farmers markets — is considered a star … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Asian Stocks Lack Direction After French-German Meeting; Nikkei Sheds 0.8% Posted: 16 Aug 2011 07:01 PM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – Asian stocks were mixed in early trade Wednesday, as market players found little encouragement from a meeting by European leaders to address the region’s debt woes. </span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”> </p> <p style=”font: normal … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| How To Bank Ten Percent In A Few Days Posted: 16 Aug 2011 07:00 PM PDT When ever stock prices fall, the first think to do is run your alpha scanner (relative strength) to find stocks that have not being sold off at the same rate as the general market. You want to find stocks that have only be sold off 5% when the general market has sold of 15%. The stocks found can be classified as within a very determined market up phase. Or more bluntly these are the stocks the portfolio managers do not want to sell as they foresee more upside. We did a Alpha scan for stocks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Down On Economic Data Posted: 16 Aug 2011 06:45 PM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of Australian data on Wage Price Index.<br/><br/> AUD/USD was trading at 1.0437, down 0.46% at time of writing.<br/><br/> The pair was likely to find support at 1.0247, Friday’s low, and resistance at 1.0514, Monday’s high.<br/><br/> Earlier in the day, official data showed that Australia’s wage price index rose to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Australian Wage Price Index Rises Posted: 16 Aug 2011 06:40 PM PDT Forexpros – Australia’s wage price index rose in the last quarter, official data showed on Wednesday.<br/><br/>In a report, Australian Bureau of Statistics said that Australian wage price index rose to a seasonally adjusted 0.9%, from 0.8% in the preceding quarter.<br/><br/>Analysts had expected Australian wage price index to rise to 0.9% in the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Markets In Everything: Patient Navigation Posted: 16 Aug 2011 06:23 PM PDT “[There is]… a growing field known as patient navigation. At no additional charge, navigators help patients make informed medical decisions and assist with setting up multiple doctors’ appointments and tests. Navigators also provide tips on dealing with chemotherapy, make sure patients stay on track with their treatment plan and offer emotional support. Depending on the hospital, navigators might be nurses, social workers or other staffers certified through programs that include … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Futures Edge Higher In Early Asian Trade Posted: 16 Aug 2011 05:23 PM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – Crude oil futures eked out marginal gains in Asian trade Tuesday, following a meeting between German and French leaders where talks failed to inspire the market on prospects for a turnaround in global energy demand.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Oil Technical Analysis For August 17, 2011 Posted: 16 Aug 2011 02:41 AM PDT By CommoditiesMansion.com
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| Natural Gas Technical Analysis For August 17, 2011 Posted: 16 Aug 2011 02:39 AM PDT By CommoditiesMansion.com Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Technical Analysis For August 17, 2011 Posted: 16 Aug 2011 02:38 AM PDT By CommoditiesMansion.com
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| Crude Oil Daily Fundamental Analysis For August 17, 2011 Posted: 16 Aug 2011 01:41 AM PDT By CommoditiesMansion.com
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