DailyMarkets.com - Developers Diversified-Glimcher Swap Assets

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• Developers Diversified-Glimcher Swap Assets
• Digital River’s Board Approves Buyback
• St.Jude’s Quadra Lands In India
• Fresenius Receives Safety Award
• Hot Option Plays: Light, Slow & Choppy Action
• Forex – AUD/USD Down In U.S. Trade
• Destination Sales Rise In August
• Hess, CONSOL In Utica Shale Tie Up
• Malaysia Central Bank Holds OPR At 3.00%
• Forex – NZD/USD Up During The U.S. Session
• “President’s Speech…make Or Break Moment For Him”
• Philippine Central Bank Holds Rate At 4.50%
• J&J’s Zytiga Gains EU Approval
• MasterCard Fixed At Neutral
• HSBC Starts Layoff In Hong Kong
• Adobe To Support Apple Newsstand
• Jobless Claims Focuses Problem On Stagnant Labor Market, Trade Report A Ray Of Sunshine
• National Bank Of Serbia Cuts Rate 50bps To 11.25%
• Bank Indonesia Keeps BI Rate At 6.75%
• European Markets Close Higher; Dax Up 0.05%
• S&P Ups UnitedHealth To Stable
• Merck Returns Rights To Addex
• DTE Energy Intros IPhone App
• Initial Jobless Claims Rise Again
• Cooper Downgraded To Neutral
• Successful Start-up For SE Projects
• NCI Building Betters Estimate
• Mortgage Rates Fall To New Record Low Of 4.15%
• Kinetic’s V.A.C.Via Wins Award
• Qualcomm Eyes IDTI Assets
• Prologis’ New Facility In Japan
• Genuine Parts Buys Into Cobra Wire
• WPPGY: Kantar Acquires Global Market
• McDermott Cut To Underperform
• Wall Street Opens Lower, Then Reverses Weakness Ahead Of Key Speeches
• Help Spread The Word And Be Rewarded!
• Crude Oil Futures Hold Gains After Mixed U.S. Inventory Data
• Forex – Dollar Broadly Higher As Euro Weakens After Trichet
• Natural Gas Futures Extend Gains After U.S. Supply Data
• Forex – GBP/USD Extends Gains After BoE Holds On Policy
• Gold Futures Rally After Trichet Comments, Bernanke In Focus
• Forex – EUR/USD Hits Fresh 2-month Low On Trichet Remarks
• U.S. Exports Surge To New All-Time High In July, Led By New Records For U.S. Manufactured Goods
• Both The ECB & BofE Keep Rates Unchanged Whlle Jobless Claims Rise

Developers Diversified-Glimcher Swap Assets Posted: 08 Sep 2011 12:05 PM PDT Developers Diversified Realty Corporation (NYSE:DDR), a real estate investment trust (REIT), has recently decided to swap an asset with one of its peers Glimcher Realty Trust (NYSE:GRT), as part of its strategy to better align the portfolio with the other's operating platform. The transaction, likely to close in fourth quarter 2011, is expected to be accretive to earnings to both the participating companies. Developers Diversified would sell Town Center Plaza – an open-air mall spanning 650,000 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Digital River’s Board Approves Buyback Posted: 08 Sep 2011 12:05 PM PDT E-commerce services provider Digital River, Inc. (NASDAQ:DRIV) recently announced that the Board of Directors has authorized the company to buy back shares worth $100 million. Management stated that the company's strong balance sheet provides it the financial flexibility to buy back shares and increase shareholders’ value. As of June 30, 2011, Digital River had cash and equivalents of $432.4 million, down from $565.0 million at the end of December 2010. In 2010, Digital River … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

St.Jude’s Quadra Lands In India Posted: 08 Sep 2011 11:25 AM PDT St. Jude Medical (NYSE:STJ) has announced the approval and launch of industry’s first quadripolar pacing system in India, representing a major milestone for the St. Paul, Minnesota-based medical devices major. St. Jude is currently the only company to offer quadripolar pacing technology globally. The device dubbed "Promote Quadra" cardiac resynchronization therapy defibrillator ("CRT-D") enables physicians to more effectively manage the pacing needs of patients with heart failure … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fresenius Receives Safety Award Posted: 08 Sep 2011 11:25 AM PDT Fresenius Medical Care North America ("FMCNA"), the North American division of Fresenius Medical Care (NYSE:FMS), recently received the "Safety in Excellence" Award from CNA Financial Corporation (NYSE:CNA), the seventh largest U.S. commercial insurer. The award, which was presented at CNA's headquarters in Chicago, recognizes the company's leadership and commitment to employee health, safety, loss prevention and risk control. FMCNA, for twelve years, has demonstrated significant … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Light, Slow & Choppy Action Posted: 08 Sep 2011 11:18 AM PDT Cusick’s Corner Light, slow and choppy action, but the reality is risk is still on the downside. Equities are whippy into the Midday and we are seeing that the Gold trade still is volatile, today up $40. This Gold action makes sense due to the continued uncertainty with the state of the EU and the Claims data still over 400K. While I am not jumping in on this Gold bounce, I will be watching to see if resistance stiffens into the After Hours. The action should get choppier into the close in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In U.S. Trade Posted: 08 Sep 2011 11:15 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. AUD/USD was trading at 1.0594, down 0.62% at time of writing. The pair was likely to find support at 1.0483, Tuesday's low, and resistance at 1.0661, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Destination Sales Rise In August Posted: 08 Sep 2011 11:05 AM PDT Destination Maternity Corp. (DEST) reported preliminary net sales of $44.9 million in August 2011, up 4.7% from $42.9 million in August 2010. The upside in sales can be attributed increased revenue from the expansion of the company’s leased department relationship with Macy’s as well as higher Internet and international sales partially offset by the decrease in comparable store sales and closure of underperforming stores. However, the company's comparable retail sales (comps) for the month … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hess, CONSOL In Utica Shale Tie Up Posted: 08 Sep 2011 11:05 AM PDT Hess Corporation (NYSE:HES) has agreed to jointly explore and develop 200,000 acreage of CONSOL Energy Inc. (NYSE:CNX) in the Utica Shale play in eastern Ohio. The transaction is expected to be completed next month, pending customary closing conditions. Under the terms of the deal, Hess will acquire 50% of CONSOL's interests in the Ohio Utica Shale acreage for an aggregate consideration of $593 million. Upon closure, New York-based Hess will pay $59 million, while the balance $534 million will be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Malaysia Central Bank Holds OPR At 3.00% Posted: 08 Sep 2011 10:55 AM PDT The Bank Negara Malaysia held its Overnight Policy Rate (OPR) unchanged at 3.00%, and held the floor and ceiling rates of the corridor for the OPR at 2.75 percent and 3.25 percent respectively.  The Bank said: “In the MPC’s assessment, while inflation remains a concern, the increased uncertainties on the global and domestic economic growth prospects and their potential consequences could have a moderating impact on inflation.”  On its own economy the Bank said: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up During The U.S. Session Posted: 08 Sep 2011 10:45 AM PDT Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. NZD/USD was trading at 0.8324, up 0.04% at time of writing. The pair was likely to find support at 0.8206, Tuesday's low, and resistance at 0.8468, Monday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“President’s Speech…make Or Break Moment For Him” Posted: 08 Sep 2011 10:40 AM PDT 09/08/11 ICAP Equities’ Kenneth Polcari weighs in on today’s policy speeches and expectations for Obama’s job creation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Philippine Central Bank Holds Rate At 4.50% Posted: 08 Sep 2011 10:40 AM PDT The Bangko Sentral ng Pilipinas held its overnight borrowing rate unchanged at 4.50% and the overnight lending rate at 6.50%, and kept reserve requirements unchanged at 21%.  The Bank said: “The Monetary Board is of the view that the risks to the inflation outlook may be receding as global inflationary pressures are expected to ease with the slowdown in the recovery of advanced economies. Food prices have also remained tame with favorable supply conditions in both domestic and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

J&J’s Zytiga Gains EU Approval Posted: 08 Sep 2011 10:35 AM PDT Johnson & Johnson (NYSE:JNJ) recently gained EU approval for its prostate cancer therapy, Zytiga (abiraterone acetate). The European Medicines Agency (EMA) granted approval to Zytiga, an oral, once-daily medication, for use in combination with prednisone (or prednisolone) for the treatment of metastatic castration-resistant prostate cancer (mCRPC) in adult men whose disease has progressed on or after a docetaxel-based chemotherapy regimen. EU approval was expected as in July 2011, Zytiga had … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MasterCard Fixed At Neutral Posted: 08 Sep 2011 10:35 AM PDT We have reiterated our Neutral recommendation on MasterCard Inc. (NYSE:MA) given the current sustainability factor. The company's second-quarter operating earnings per share of $4.76 came in substantially ahead of the Zacks Consensus Estimate of $4.20 and $3.50 in the year-ago quarter. Net income for the reported quarter was $608 million, up 32.8% from $458 million in the prior-year quarter. Results for the second quarter improved over the prior-year quarter primarily due to better pricing, an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HSBC Starts Layoff In Hong Kong Posted: 08 Sep 2011 10:35 AM PDT HSBC Holdings Plc(NYSE:HBC) plans to retrench 3,000 employees in Hong Kong as a part of its previously announced strategy to restructure business and shed 30,000 positions from its worldwide workforce by 2013. The plan announced in early August aims to cut cost by $2.5–$3.5 billion over the next two years. HSBC has a significant presence in Hong Kong and is the city's largest consumer bank by deposits. Though Hong Kong’s unemployment rate fell to 3.4% in the May-July period from 3.5% in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Adobe To Support Apple Newsstand Posted: 08 Sep 2011 10:35 AM PDT Adobe Systems Inc. (NASDAQ:ADBE) announced that its Digital Publishing Suite will support Apple’s (NASDAQ:AAPL) forthcoming Newsstand feature on iOS 5. Newsstand is the latest driver of digital subscriptions to iOS 5, offering easy access to content and reducing download time. The publishing software by Adobe will help publishers create digital editions of their magazines and newspaper applications that automatically deliver content to the Newsstand application on iOS devices. Additionally, it will … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Jobless Claims Focuses Problem On Stagnant Labor Market, Trade Report A Ray Of Sunshine Posted: 08 Sep 2011 10:30 AM PDT Trade Deficit Drops Sharply in July In a bit of good news for the US economy we saw the trade deficit narrowed to $44.8 billion for the month of July almost $6 billion lower than forecasts by economists. The decline in the deficit was led by a jump in exports (+3.6%) while imports (-0.2%) were pretty much flat. The figure can mean that trade acts as a positive contributor to GDP in the third quarter. It's therefore a good report among rather gloomy US data stream. From Bloomberg: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

National Bank Of Serbia Cuts Rate 50bps To 11.25% Posted: 08 Sep 2011 10:19 AM PDT The National Bank of Serbia cut its 2-week repo rate by 50 basis points to 11.25% from 11.75% previously as global financial market and economic conditions created uncertainty.  The Bank said: ”The decision on further relaxation of monetary policy was adopted to ensure that inflation returns to the target, without major volatility. The Executive Board expects that inflation will continue to decline until the end of the year and that it will enter the target tolerance band in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Indonesia Keeps BI Rate At 6.75% Posted: 08 Sep 2011 10:09 AM PDT Indonesia’s central bank, Bank Indonesia, kept the BI reference rate on hold again at 6.75%.  The Bank also widened the interest rate corridor band for monetary operations to 150 basis points below the BI rate from 100bps previously.  The Bank said:”The decision was taken by considering the importance of maintaining macroeconomic stability amid the heighten uncertainty in the global financial system triggered by the US and Euro area debt. Although the impacts of uncertainty in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Higher; Dax Up 0.05% Posted: 08 Sep 2011 10:05 AM PDT Forexpros – European stocks were up after the closing bell on Thursday. At the close of European trade, Germany's DAX rose 0.05%, London's FTSE 100 gained 0.41%, France's CAC 40 climbed 0.41% and the EURO STOXX 50 was up 0.57%. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was revised up from 409K. Analysts had expected Initial Jobless Claims to fall to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

S&P Ups UnitedHealth To Stable Posted: 08 Sep 2011 10:00 AM PDT The rating agency Standard and Poor's Rating Services (S&P) yesterday pulled up the ratings outlook on the Minnesota-based health insurer UnitedHealth Group Inc. (NYSE:UNH) to "stable" from "negative". UnitedHealth ranks first among the major health insurers in the U.S. on the basis of revenues. It is currently carrying a credit rating "A-" from S&P, which implies that the company has a strong capacity to meet its financial commitment. S&P acknowledges UnitedHealth's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Merck Returns Rights To Addex Posted: 08 Sep 2011 10:00 AM PDT Merck Inc. (NYSE:MRK) recently returned all rights to metabotropic glutamate receptor 4 (mGluR4) positive allosteric modulator (PAM) program to its partner Addex Pharmaceuticals, a Switzerland based biopharmaceutical company. Addex Pharmaceuticals is working on prioritizing its pipeline and intends to develop mGluR4 PAM for Parkinson's and other diseases on its own. Addex will acquire the rights to intellectual property and know-how for the candidate. Addex Pharmaceuticals is a drug discovery … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DTE Energy Intros IPhone App Posted: 08 Sep 2011 09:35 AM PDT DTE Energy (NYSE:DTE) has introduced a new interactive iPhone application ("app") of Apple Inc. (NASDAQ:AAPL) that will help its customers to be updated with a variety of latest information, including real-time outage information from their mobile devices. The DTE Energy Outage Center app is available to customers from the Apple iTunes App store or Apple.com free of charge. The Outage Center is an online central area where its consumers can get the latest information about power outages, and are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Initial Jobless Claims Rise Again Posted: 08 Sep 2011 09:35 AM PDT Initial Claims for Unemployment Insurance rose by 22,000 last week to 414,000. This was worse than the expected level of 400,000. Last week's numbers were revised upwards by 3,000, so one could see it as an increase of 5,000. Recently, initial jobless claims seemed stuck once again in a trading range above the 400,000 level, after a brief period lower than that earlier this year. The drop three weeks ago below 400,000 level was very good news, after 17th straight weeks above it. Alas, that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cooper Downgraded To Neutral Posted: 08 Sep 2011 09:10 AM PDT We downgrade our rating on The Cooper Companies Inc. (NYSE:COO) to Neutral. Third-quarter fiscal 2011 earnings per share of $1.15 beat the Zacks Consensus Estimate of $1.08. Cooper reported sales of $351.4 million in the quarter, surpassing the Zacks Consensus Estimate of $332 million. Yet, there exists sluggishness in consumer confidence and expenditure for discretionary items, such as contact lenses. Industry outlook has improved with an expectation of rising utilization in emerging nations and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Successful Start-up For SE Projects Posted: 08 Sep 2011 09:05 AM PDT Spectra Energy Corporation's (NYSE:SE) two important expansion projects –– Northeastern Tennessee (NET) and TEMAX/TIME III–– have come online as scheduled and well within the budget. The NET project became operational on September 1. It is owned by Spectra Energy Partners (NYSE:SEP), the master limited partnership of Spectra Energy. It is an extension of the East Tennessee Natural Gas system which serves as the transportation for up to 150 million cubic feet per day (Mmcf/d) to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NCI Building Betters Estimate Posted: 08 Sep 2011 09:05 AM PDT NCI Building Systems Inc.'s (NYSE:NCS) adjusted loss for the third quarter of fiscal 2011 ending July 31 of 38 cents was narrower than the Zacks Consensus Estimate of a loss of 46 cents. Results also compare favorably with the loss of 64 cents incurred in the year-ago quarter. Adjusted net loss in the quarter was $6.9 million, narrower than the loss of $11.6 million in the year-ago quarter. Strong performance across all the segments coupled with cost containment measures helped the company post … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mortgage Rates Fall To New Record Low Of 4.15% Posted: 08 Sep 2011 09:00 AM PDT The 30-year fixed mortgage rate fell to an historic low of 4.15%, as reported today by Freddie … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kinetic’s V.A.C.Via Wins Award Posted: 08 Sep 2011 08:40 AM PDT Recently, Kinetic Concepts Inc. (NYSE:KCI) added another feather to its cap when its V.A.C.Via Therapy System was ranked among the "Top Ten Innovation in Podiatric Technology" by trade publication called Podiatry Today. As per the publication, V.A.C.Via holds the second position among all other innovative devices based on its several user-friendly treatment options. Alongside, Podiatry Today also compared the little battery requirement of V.A.C.Via System with NPWT devices that works under … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Qualcomm Eyes IDTI Assets Posted: 08 Sep 2011 08:40 AM PDT Qualcomm Inc.(NASDAQ:QCOM), the leading chipset maker for mobile handsets worldwide, plans to acquire the video processing assets of Integrated Device Technology, Inc. (NASDAQ:IDTI) for an undisclosed amount. The transaction is expected to be completed by the end of this month. The acquisition will enable Integrated Device Technology to sell its Hollywood Quality Video (HQV) and Frame Rate Conversion (FRC) Video Processing assets to Qualcomm. With the growing popularity of smartphones and tablets coupled … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Prologis’ New Facility In Japan Posted: 08 Sep 2011 08:40 AM PDT Prologis (PLD) recently announced that it has entered into a new build-to-suit agreement with Hitachi Transport System for a 233,400-square-foot distribution facility in the southern part of Japan. The new three-story facility, Prologis Park Tosu 2, will come up in an industrial park in Japan.  The construction is expected to commence in November this year and the facility will likely be fully occupied upon its completion in July 2012. This agreement is a testimony to the growing demand … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Genuine Parts Buys Into Cobra Wire Posted: 08 Sep 2011 08:40 AM PDT Genuine Parts Company (NYSE:GPC) recently announced that its Electrical/Electronic Materials arm, EIS, Inc., has acquired a certain number of shares of Cobra Wire & Cable Inc. from Merit Capital Partners and Fulton Capital for an undisclosed amount.   Hatboro, Pennsylvania-based Cobra is a specialty wire and cable distributor serving a wide range of industries including aircraft, telecom, battery automotive, alternative energy, uninterruptible power supply (UPS) systems, marine … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

WPPGY: Kantar Acquires Global Market Posted: 08 Sep 2011 08:40 AM PDT Advertising titan, WPP plc's (NASDAQ:WPPGY) wholly-owned subsidiary, Kantar has recently acquired shares of Global Market Insight Inc., a global provider of technology solutions and online panels to the market research industry. Financial terms of the transaction were not disclosed. Global Market Insight specializes in providing technology-enabled survey solutions, global panel and innovative survey methodologies. The assets acquired will be integrated with Kantar's division Lightspeed Research, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

McDermott Cut To Underperform Posted: 08 Sep 2011 08:40 AM PDT Following the second quarter earnings miss, we have downgraded energy-focused engineering and construction firm McDermott International (MDR) shares to Underperform from Neutral. Incorporated in 1959, McDermott primarily serves the worldwide offshore oil and gas field development, including front-end design and detailed engineering, fabrication and installation of offshore drilling and production facilities, as well as installation of marine pipelines and subsea production … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wall Street Opens Lower, Then Reverses Weakness Ahead Of Key Speeches Posted: 08 Sep 2011 08:30 AM PDT 09/08/11 US stocks turned higher after a shaky start. US data came in mixed while overseas interest rate decisions were unchanged. Bernanke and Obama speak later … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Help Spread The Word And Be Rewarded! Posted: 08 Sep 2011 08:27 AM PDT We've recently signed up for a trial account with Rafflecopter to promote The Stock Trading Advisor. Rafflecopter is basically a website that helps make widget for blogs. We're not too sure how it works too so let's just give it a try! We would appreciate it very much f you could just help and let your friends know a little bit more about us. // <a href="http://rafl.es/enable-js">You need javascript enabled to see this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Hold Gains After Mixed U.S. Inventory Data Posted: 08 Sep 2011 08:09 AM PDT Forexpros – Crude oil futures held on to gains on Thursday, trading close to the previous session's five-week high after a government report showed U.S. crude supplies fell-more-than-expected last week, while gasoline inventories rose unexpectedly. On the New York Mercantile Exchange, light sweet crude futures for delivery in October traded at USD89.92 a barrel during U.S. morning trade, climbing 0.65%. It earlier rose as much as 0.89% to trade at USD90.28 a barrel, just below the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Higher As Euro Weakens After Trichet Posted: 08 Sep 2011 08:04 AM PDT Forexpros – The U.S. dollar remained broadly higher against its major counterparts on Thursday, while the euro weakened broadly after European Central Bank President Jean-Claude Trichet underlined increased economic risks and cut euro zone growth forecasts. During U.S. morning trade, the greenback was up against the euro, with EUR/USD shedding 0.69% to hit 1.4000. Speaking at the ECB's post-policy meeting press conference, Trichet said the euro zone economy was facing "particularly high … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Extend Gains After U.S. Supply Data Posted: 08 Sep 2011 07:50 AM PDT Forexpros – Natural gas futures extended gains on Thursday, re-approaching the USD4.00-level after the U.S. Energy Information Administration said that natural gas inventories rose broadly in line with expectations, while concerns over a disruption to U.S. supplies in the Gulf of Mexico provided further support. On the New York Mercantile Exchange, natural gas futures for September delivery traded at USD3.989 per million British thermal units during U.S. morning trade, jumping 1.14%. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Extends Gains After BoE Holds On Policy Posted: 08 Sep 2011 07:45 AM PDT Forexpros – The pound extended gains against the U.S. dollar on Thursday, rising to a two-day high after the Bank of England left its benchmark interest rate unchanged and held off from increasing its asset-buying program. GBP/USD hit 1.6073 during U.S. morning trade, the pair's highest since Tuesday; the pair subsequently consolidated at 1.6071, gaining 0.51%. Cable was likely to find support at 1.5917, Wednesday's low and resistance at 1.6166, Tuesday's high. The BoE said it was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Rally After Trichet Comments, Bernanke In Focus Posted: 08 Sep 2011 07:22 AM PDT Forexpros – Gold futures rose sharply on Thursday, extending gains after downbeat comments from European Central Bank President boosted the safe haven appeal of the precious metal ahead of eagerly-awaited speeches from Federal Reserve Chairman Ben Bernanke and President Barack Obama. On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,854.05 a troy ounce during U.S. morning trade, rallying 2.15%. It earlier rose as much as 2.5% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Hits Fresh 2-month Low On Trichet Remarks Posted: 08 Sep 2011 07:20 AM PDT Forexpros – The euro extended losses against the U.S. dollar on Thursday, falling to a fresh two-month low after European Central Bank President Jean-Claude Trichet said threats to the region's economy have "intensified." EUR/USD hit 1.3947 during U.S. morning trade, the pair's lowest since July 12; the pair subsequently consolidated at 1.3986, tumbling 0.77%. The pair was likely to find support at 1.3837, the low of July 12 and a four-month low and resistance at 1.4098, the days … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Exports Surge To New All-Time High In July, Led By New Records For U.S. Manufactured Goods Posted: 08 Sep 2011 07:15 AM PDT U.S. exports set a new monthly record in July of $178 billion, which was an increase of more than 15% from a year ago, and a 3.6% increase from June (see top chart above, full report here).  Export categories that showed especially strong gains in July included industrial supplies (+29.3% from a year ago), capital goods (+8.8%), and automotive vehicles (+29.1%), and all three of these manufacturing categories set new monthly records in July.   Total trade in July was above $400 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Both The ECB & BofE Keep Rates Unchanged Whlle Jobless Claims Rise Posted: 08 Sep 2011 01:15 AM PDT 09/08/11 NYFP’s Morning Market Brief: The ECB and BofE keep rates unchanged, jobless claims surpisingly rise, & Fitch warns of a downgrade to Japan and China’s credit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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