DailyMarkets.com - German Industrial Production Blows Past Expectations

---

• German Industrial Production Blows Past Expectations
• Forex Trading: Euro Lower, Testing Support @ 1.40385
• Forex – EUR/GBP Trims Gains After German Bailout Ruling
• Euro Stocks Rally After German Court Ruling; DAX Jumps 3%
• Forex – Dollar Down Vs. Rivals As Market Sentiment Firms Up
• U.K. Manufacturing Production Rises In Line With Expectations
• Crude Oil Hits 3-day High On Dollar Weakness, Storm Activity
• Forex – GBP/USD Rebounds As Market Sentiment Improves
• Forex – USD/JPY Off 8-day High As Markets Stabilize
• Gold Futures Drop Sharply As Safe Haven Demand Wanes
• Forex – NZD/USD Rebounds, Boosted By Strong Auz GDP Data
• Halifax U.K. HPI Drops Unexpectedly In August
• Forex – AUD/USD Surges To 2-day High After GDP Data
• Asia Stocks Rebound From Three-day Drop; Nikkei Jumps 2%
• Forex – EUR/USD Off 7-week Low But Downside Risks Remain
• Bank Of Japan Holds Key Interest Rate Steady
• Australia Q2 GDP Rises More-than-expected
• Aggressive Growth Stock: Luminex Corp
• Growth & Income Stock: Brinker International, Inc.
• Bull Of The Day: Humana, Inc. (HUM)
• Bear Of The Day: Abaxis, Inc. (ABAX)
• Momentum Stock: Select Comfort Corp
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Japanese Yen Strength Seen After The BoJ Interest Rate Policy Meeting
• Forex – Dollar Lower In Mid-day Asian Trade
• Forex – USD/JPY Declines In Mid-day Asian Trade
• AUD Strengthen Across The Board After Better Than Expected GDP Data
• Asian Stocks Edge Higher In Early Trade; Nikkei Tags On 1.5%
• Crude Oil Dips In Early Asian Trade
• U.S. Innovation, Manufacturing Are Alive And Well. Exhibit A: IBM And 3M Collaborate On 3D Chips
• Gold Futures Ease From Record Highs In Early Asian Trade
• Romney’s Jobs Plan
• Oil Technical Analysis For September 7, 2011
• Natural Gas Technical Analysis For September 7, 2011
• Gold Technical Analysis For September 7, 2011
• Super-Twist: Ben’s Secret Weapon?
• Crude Oil Daily Fundamental Analysis For September 07, 2011
• Gold Daily Fundamental Analysis For September 07, 2011
• Natural Gas Daily Fundamental Analysis For September 07, 2011

German Industrial Production Blows Past Expectations Posted: 07 Sep 2011 03:08 AM PDT Forexpros – Industrial production in Germany rose significantly more-than-expected in July, official data showed on Wednesday. In a report, Destatis, Germany's federal statistical office said industrial production climbed by a seasonally adjusted 4.0% in July, blowing past expectations for a 0.5% gain. June's figure was revised to a decline of 1.0% from a previously reported 1.1% drop. Year-on-year, German industrial production rose at an annualized rate of 10.1% in July, significantly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro Lower, Testing Support @ 1.40385 Posted: 07 Sep 2011 03:07 AM PDT EUR/USD had been slowing trending higher throughout the night creating a short-term bullish channel. Trading has been pretty choppy tonight with a large move earlier after the German Constitutional court rejected lawsuits which could block their participation in Euro area bailouts. Chancellor Merkel commented that if the Euro fails, so does Europe. On a 15 minute chart the pair has broke lower through upward trend lin support and is testing 1.40385. The first downside target is currently … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Trims Gains After German Bailout Ruling Posted: 07 Sep 2011 02:49 AM PDT Forexpros – The euro trimmed gains against the pound on Wednesday, pulling back from a four-day high after Germany's high court ruled that parliament must approve future euro zone rescue packages. EUR/GBP pulled away from 0.8829, the pair's highest since September 1, to hit 0.8797 during European morning trade, still up 0.20% over the day. The pair was likely to find support at 0.8737, Monday's low and resistance at 0.8834, the high of August 25. Germany's constitutional court said … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Stocks Rally After German Court Ruling; DAX Jumps 3% Posted: 07 Sep 2011 02:11 AM PDT Forexpros – European stock markets were sharply higher on Wednesday, with shares in the financial sector leading gains after Germany's Federal Constitutional Court rejected lawsuits aimed at blocking the country’s participation in euro zone bailouts. During European morning trade, the EURO STOXX 50 jumped 2.85%, France's CAC 40 surged 2.8%, while Germany's DAX 30 rallied 3%. Earlier in the day, Germany's constitutional court upheld the country's participation in the first Greek … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Down Vs. Rivals As Market Sentiment Firms Up Posted: 07 Sep 2011 01:42 AM PDT Forexpros – The U.S. dollar was down against all of its major counterparts on Wednesday, as investor sentiment strengthened and markets regained equilibrium after Tuesday's intervention by the Swiss National Bank to rein in the franc. During European morning trade, the greenback was down against the euro, with EUR/USD climbing 0.68% to hit 1.4097. Earlier in the day, Germany's constitutional court ruled that the government must get the approval of parliament's budgetary committee … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Manufacturing Production Rises In Line With Expectations Posted: 07 Sep 2011 01:37 AM PDT Forexpros – Manufacturing production in the U.K. rose in line with expectations in July, official data showed on Wednesday. In a report, the U.K. Office for National Statistics said that manufacturing production rose by 0.1% in July, broadly in line with expectations, following a 0.4% drop in June. Year-on-year, manufacturing production rose at an annualized rate of 1.9%, in line with expectations, after rising at a rate of 2.1% in the preceding month. The report showed that industrial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Hits 3-day High On Dollar Weakness, Storm Activity Posted: 07 Sep 2011 01:29 AM PDT Forexpros – Crude oil futures edged higher on Wednesday, climbing to a three-day high on the back of a broadly weaker U.S. dollar, while fears over a disruption to supplies in the Gulf of Mexico also lent support. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at USD87.13 a barrel during European morning trade, jumping 1.29%. It earlier rose as much as 1.5% to trade at USD87.37 a barrel, the highest price since September 2. The broadly weaker … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Rebounds As Market Sentiment Improves Posted: 07 Sep 2011 01:17 AM PDT Forexpros – The pound rebounded from a two-month low against the U.S. dollar on Wednesday, as market sentiment strengthened after upbeat data form the U.S. and Australia. GBP/USD hit 1.6040 during early European trade, the daily high; the pair subsequently consolidated at 1.5984, gaining 0.25%. Cable was likely to find support at 1.5920, Tuesday's low and a two-month low and resistance at 1.6166, Tuesday's high. Market sentiment was boosted after data on Tuesday showed that activity in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Off 8-day High As Markets Stabilize Posted: 07 Sep 2011 12:59 AM PDT Forexpros – The U.S. dollar was lower against the yen on Wednesday, pulling back from an eight-day high as markets stabilized following Tuesday's move by Switzerland's central bank to curb the appreciation of the franc. USD/JPY hit 77.08 during late Asian trade, the daily low; the pair subsequently consolidated at 77.24, shedding 0.52%. The pair was likely to find support at 76.71, Tuesday's low and resistance at 77.72, Tuesday's high and an eight-day high. Earlier in the day, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Drop Sharply As Safe Haven Demand Wanes Posted: 07 Sep 2011 12:42 AM PDT Forexpros – Gold futures dropped sharply on Wednesday, falling to a three-day low as profit taking continued after the precious metal touched a record high in the previous session, while a rebound in market sentiment also weighed. On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,845.25 a troy ounce during late Asian trade, tumbling 1.35%. It earlier fell as much as 2.5% to trade at USD1,827.25 a troy ounce, the lowest price since … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Rebounds, Boosted By Strong Auz GDP Data Posted: 07 Sep 2011 12:34 AM PDT Forexpros – The New Zealand dollar rebounded from a two-week low against its U.S. counterpart on Wednesday, as market sentiment improved and after data showing that Australia's economy grew more-than-expected in the second quarter. NZD/USD hit 0.8286 during late Asian trade, the daily high; the pair subsequently consolidated at 0.8277, gaining 0.62%. The pair was likely to find support at 0.8204, Tuesday's low and resistance at 0.8365, the high of the same day. Earlier in the day, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Halifax U.K. HPI Drops Unexpectedly In August Posted: 07 Sep 2011 12:08 AM PDT Forexpros – House prices in the U.K. unexpectedly declined in August, industry data showed on Wednesday. In a report, the Halifax Bank of Scotland said its House Price Index dropped by 1.2% in August, after rising by 0.3% in July. Economists expected the index to rise by 0.5% in August. Following the release of that data, the pound pared gains against the U.S. dollar, with GBP/USD up 0.23% to trade at 1.5973. Meanwhile, European stock markets were broadly higher after the open. The FTSE … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Surges To 2-day High After GDP Data Posted: 07 Sep 2011 12:05 AM PDT Forexpros – The Australian dollar surged to a two-day high against its U.S. counterpart on Wednesday, after official data showed that the country's economy grew at the fastest rate in four years in the second quarter. AUD/USD hit 1.0611 during late Asian trade, the pair's highest since Monday; the pair subsequently consolidated at 1.0600, surging 1.10%. The pair was likely to find support at 1.0479, Tuesday's low and a seven-day low and short-term resistance at 1.0659, the high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Rebound From Three-day Drop; Nikkei Jumps 2% Posted: 06 Sep 2011 11:49 PM PDT Forexpros – Asian stock markets rose for the first time this week on Wednesday, as investors entered the market for bargain hunting following three days of losses, while a weaker yen helped lift Japanese exporters. During late Asian trade, Hong Kong’s Hang Seng Index jumped 1.6%, Australia's ASX/200 Index rallied 2.4%, while Japan's Nikkei 225 Index climbed 2.04%. Shares in Japanese exporters performed strongly in Tokyo, as a weaker yen boosted the outlook for export earnings. Consumer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Off 7-week Low But Downside Risks Remain Posted: 06 Sep 2011 11:33 PM PDT Forexpros – The euro edged higher against the U.S. dollar on Wednesday, easing off a seven-week low as markets rebounded, following a steep slide on the back of ongoing concerns over the euro zone's debt crisis and a renewed recession in the U.S. EUR/USD hit 1.4079 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4071, gaining 0.51%. The pair was likely to find support at 1.3971, Tuesday's low and a seven-week low and resistance at 1.4172, Monday's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Of Japan Holds Key Interest Rate Steady Posted: 06 Sep 2011 11:22 PM PDT Forexpros – The Bank of Japan kept its benchmark interest rate unchanged, in a widely expected move, it announced on Wednesday. In a statement, the BoJ said it was keeping its benchmark interest rate unchanged between a range of 0.0% to 0.1%, broadly in line with expectations. A statement on monetary policy released after the announcement showed that the Bank of Japan's nine-man policy board voted unanimously to maintain the interest rate at its current level. The BoJ also kept unchanged … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australia Q2 GDP Rises More-than-expected Posted: 06 Sep 2011 11:19 PM PDT Forexpros – Australia's gross domestic product rose more-than-expected in the second quarter of 2011, official data showed on Wednesday. In a report, the Australian Bureau of Statistics said that Australia's economy expanded by a seasonally adjusted 1.2% in the second quarter, above expectations for a 1.0% gain. The preceding quarter's figure was revised to a decline of 0.9% from a previously reported 1.2% drop. The report showed that Australia's economy grew at an annualized rate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Luminex Corp Posted: 06 Sep 2011 11:05 PM PDT Luminex (NASDAQ:LMNX) has seen strength across all of its segments that led to a third consecutive earning surprise. Some valuations are a bit lofty, but a slight pull back could make for a great entry point for shares of LMNX. Company Description Luminex makes biological testing products and technologies for the life sciences and diagnostics industries in the U.S. The company works with clinical labs, research and medical institutions, and pharmaceutical companies. Revenues Gain 43% On Aug 8 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Brinker International, Inc. Posted: 06 Sep 2011 11:05 PM PDT Brinker International, Inc. (NYSE:EAT) recently reported its 4th consecutive positive earnings surprise, driven by solid comparable store sales growth. Management initiated bullish guidance for its fiscal year 2012 off of the strong quarter, prompting analysts to revise their estimates significantly higher. This sent the stock to a Zacks #2 Rank (Buy). Based on consensus estimates, analysts expect 21% EPS growth in 2012 and 17% growth in 2013. On top of this, the company pays a dividend that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Humana, Inc. (HUM) Posted: 06 Sep 2011 11:05 PM PDT Humana, Inc.’s (NYSE:HUM) second-quarter earnings modestly beat the Zacks Consensus Estimate, owing to improved consolidated premiums and ASO fees that also drove the benefit ratio along with improvement in medical and specialty memberships. Humana benefits from the new rule in health care reform, which led to an efficient deployment of capital. The upcoming AMS acquisition is further expected to enhance the company’s Medicare coverage. Overall, we expect an upside to Humana shares on the basis of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Abaxis, Inc. (ABAX) Posted: 06 Sep 2011 11:05 PM PDT Abaxis, Inc. (NASDAQ:ABAX) reported an EPS of $0.10 in the first quarter of fiscal 2012, 37.5% down from the year-ago quarter as well as the Zacks Consensus Estimate of $0.16. The company has been witnessing several challenges that led to continued sluggish growth of the company’s sales. Moreover, margins continued to disappoint due to increased expenses in both medical and veterinary markets. We are also apprehensive based on Abaxis’ dependency on distributors to sell its products. Although there … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Select Comfort Corp Posted: 06 Sep 2011 11:05 PM PDT Select Comfort Corp (NASDAQ:SCSS) recently pulled back from its 52-week high in the weak market, but the longer-term trend is still strong, with shares more than doubling in just the last twelve months. With an average earnings surprise of 31% over the last four quarters and bullish growth projection, this Zacks #1 Rank stock is a comfortable pick for momentum. Company Description Select Comfort Corp. develops, manufactures and sells adjustable firmness beds and other sleep accessories in the US, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 06 Sep 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.4062, up 0.45% at time of writing. The pair was likely to find support at 1.3974, Tuesday's low, and resistance at 1.4288, Friday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.12% to hit 0.8790 and EUR/JPY falling 0.16% 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: 06 Sep 2011 10:25 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.5986, up 0.27% at time of writing. The pair was likely to find support at 1.5922, Tuesday's low, and resistance at 1.6254, Friday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.17% to hit 0.8795 and GBP/JPY falling 0.32% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Yen Strength Seen After The BoJ Interest Rate Policy Meeting Posted: 06 Sep 2011 08:56 PM PDT The risk event in the BoJ interest rate policy meeting passed with rates holding between the 0.0% and 0.10% range.The currency markets than pushed up the Japanese Yen. We see JPY-strength across the board. It seems like the meeting concluded with the prospect of QE in Japan on the table, or other types of stimulus that would weaken the strong currency. Exports are being suppressed by the such a strong yen. However, the market continues to flow towards CHF. Perhaps this was a delayed reaction … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Lower In Mid-day Asian Trade Posted: 06 Sep 2011 08:11 PM PDT Forexpros – Forexpros – The U.S. dollar moved lower against its major counterparts in Asian trade Wednesday, as better than expected service sector data failed to overcome concerns over European debt and another weak showing from Wall Street. In mid-day Asian trade, the greenback was lower against the euro, with EUR/USD gaining 0.22% to hit 1.4030. Earlier Tuesday, the Swiss franc plunged versus its major counterparts, including the euro, as the Swiss National Bank set a floor for EUR/CHF at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Declines In Mid-day Asian Trade Posted: 06 Sep 2011 07:35 PM PDT Forexpros – Forexpros – The U.S. dollar moved lower against the Japanese yen in Asian trade Wednesday, as the Swiss National Bank's decision to limit losses in the Swiss franc spurred speculation that Japan may follow suit with its own currency. In mid-day Asian trade USD/JPY hit 77.71, the pair's highest since Monday; the pair subsequently consolidated at 77.40, dropping 0.33%. The pair was likely to find support at 76.29, the low of August 11, and resistance at 78.34, the high of August … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD Strengthen Across The Board After Better Than Expected GDP Data Posted: 06 Sep 2011 07:14 PM PDT Australia's GDP data for the second quarter was released in the Wednesday Asian session. The 1.2% growth was better than expected (1.0%), and the Q1 data was revised from -1.2% to -0.9%, a slightly better reading. With the AUD pressured lately, this data is giving it a relief rally across the board.   The AUD/USD rallied sharply, after a bullish divergence with the RSI in the 1H chart, and after the better than expected GDP data. In the 1H chart, we still see the market trade below the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asian Stocks Edge Higher In Early Trade; Nikkei Tags On 1.5% Posted: 06 Sep 2011 06:58 PM PDT Forexpros – Forexpros – Asian stocks gained ground in Wednesday trade, with exporters getting a lift from a weaker yen and speculation that Japan's central bank may follow the Swiss National Bank in an attempting to weaken its currency. During early Asian trade, Hong Kong’s Hang Seng Index added 0.48% to 19,710.50, Australia's ASX/200 Index fell 1.6%, while Japan 's Nikkei 225 Index climbed 1.5%. Along with the Nikkei, the broader-based Topix Index of all issues listed on the first … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Dips In Early Asian Trade Posted: 06 Sep 2011 06:14 PM PDT Forexpros – Forexpros – Crude oil futures declined marginally in Asian trade Wednesday, after the release of data showing a better than expected performance from the U.S. service sector. On the New York Mercantile Exchange light, sweet crude futures for October delivery traded at USD86.34 a barrel during early Asian trade, falling 0.06%, after hitting a daily high of USD86.59. Earlier Tuesday, the U.S. Institute of Supply Management reported its non-manufacturing purchasing manager's index … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Innovation, Manufacturing Are Alive And Well. Exhibit A: IBM And 3M Collaborate On 3D Chips Posted: 06 Sep 2011 06:13 PM PDT IBM and 3M’s Breakthrough Stacked Chip Technology Will Be 1,000 Times Faster Than Today’s Chips Two of America’s oldest and most successful manufacturers, 3M (founded in 1902) and IBM (founded in 1911), have teamed up to collaborate on a new 3D computer chip stacking process that could revolutionize computer technology.  According to a report posted just several hours ago on a Wall Street Journal blog,   “Such three-dimensional structures could be 1,000 times faster than … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Ease From Record Highs In Early Asian Trade Posted: 06 Sep 2011 05:34 PM PDT Forexpros – Forexpros – Gold futures pared gains in Asian trade Wednesday, after setting an all-time high, as a move by the Swiss central bank to limit EUR/CHF drops sent investors scrambling for alternate safe-havens. On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,873.55 a troy ounce during early Asian trade, down 0.29%, after hitting a new intraday high of USDS1,921.05. Gold surged earlier in Tuesday trade, following the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Romney’s Jobs Plan Posted: 06 Sep 2011 05:21 PM PDT Mitt Romney unveiled his economic plan today. It is unremarkable, to say the least. He wants to lower corporate taxes and reduce regulations. This, he asserts will create jobs. Remember, corporations are now showing record profits. They're sitting on $2 trillion of cash. Why it is Romney believes they need more money and lower costs in order to create jobs is one of the wonders of the universe. Romney does nothing for average working people. He'd eliminate capital gains taxes for anyone … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For September 7, 2011 Posted: 06 Sep 2011 09:42 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL contract rose during the Tuesday session, but it should be noted that the "risk off" trade is starting to fall apart in other markets. We believe there is still a floor in the $80 area, but the chart does tell us that perhaps this isn't the only mark to watch. The $90 mark is very important resistance as the market seems to be stuck in a range. Because of this, we like buying dips as long as we are above the $80 mark. We are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For September 7, 2011 Posted: 06 Sep 2011 09:40 AM PDT By CommoditiesMansion.com   The natural gas markets got a bit of a bid in the Tuesday session, but the lack of velocity shows what we have been saying for ages now – that any rally in this pair will be capped and weak at best. This latest action looks like the market wants to go a little higher, and we would let it. We say this because we know that the $4 level is a great spot from which to short this market. We would also sell if we can make new lows as well. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For September 7, 2011 Posted: 06 Sep 2011 09:39 AM PDT By CommoditiesMansion.com   Gold markets had a wild day on Tuesday as traders bought, sold, bought, and then sold again in the session. The $1,900 level is acting as a temporary ceiling in this market, and this struggle isn't overly surprising. The resulting candle does look like a hammer of sorts, and the bottom of it touched the $1,850 area, and area that we identified as support. A breaking of the highs on Tuesday sends this market back up. If we get pullbacks, we are looking for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Super-Twist: Ben’s Secret Weapon? Posted: 06 Sep 2011 12:21 AM PDT At the Jackson Hole meeting, Fed Chairman Ben Bernanke said, in effect, that he has some secret weapon(s) that they FOMC would discuss at its September meeting [emphasis added]: In addition to refining our forward guidance, the Federal Reserve has a range of tools that could be used to provide additional monetary stimulus. We discussed the relative merits and costs of such tools at our August meeting. We will continue to consider those and other pertinent issues, including of course economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Daily Fundamental Analysis For September 07, 2011 Posted: 05 Sep 2011 08:45 PM PDT By CommoditiesMansion.com Crude oil prices rose on Tuesday, despite fears of a recession in the United States and slowing global growth, as traders were hopeful a U.S. economic stimulus plan will support economic growth, while supply concerns also contributed to the rise in crude oil prices after an oilfield was closed in China as a result of leaks, which is expected to increase China's oil imports this year. The outlook for crude oil though remains negative, since the outlook for global … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Daily Fundamental Analysis For September 07, 2011 Posted: 05 Sep 2011 08:44 PM PDT By CommoditiesMansion.com Gold prices fluctuated heavily on Tuesday while setting a new record high above $1900 an ounce amid the mixed sentiments that dominated global financial markets, where the Swiss National Bank announced it has set a minimum target for the Franc against the Euro, which supported confidence earlier in the day and pushed gold prices to drop. Nonetheless, gold prices rose back to the upside, as fears spread through markets over the outlook for global growth after data from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Daily Fundamental Analysis For September 07, 2011 Posted: 05 Sep 2011 08:43 PM PDT By CommoditiesMansion.com Natural gas prices rose on Tuesday for the first time in three days on expectations of rising temperatures in the United States, which led to speculations of rising demand for power-plant fuel, and pushed natural gas prices higher. Traders will continue to follow the weather updates over the coming period. Moreover, signs of slowing economic activities in the United States could slowdown demand for natural gas and that could put negative pressure on prices. Originally … [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