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- Forex – Dollar Broadly Lower As EU Summit In Focus
- European Stocks Mixed Ahead Of Key Summit; DAX Down 0.06%
- Crude Oil Trades Close To 3-month High With EU Summit In Focus
- How Will The Eurozone Survive With Germany’s Economic Future In Doubt?
- Forex – GBP/USD Steady Ahead Of Critical EU Summit
- Forex Trading: EUR/USD Hourly Consolidation
- Gold Futures Extend Rally To 1-month High Ahead Of EU Summit
- Forex – USD/JPY Near Record Low As Intervention Talk Intensifies
- Forex – NZD/USD Slips As EU Summit Concerns Weigh
- Hungary Central Bank Keeps Interest Rate At 6.00%
- Asia Stocks Mixed Ahead Of EU Summit; Nikkei Dips 0.15%
- Forex – AUD/USD Down After Tepid Australian CPI Data
- Forex – EUR/USD Steady At 6-week High Ahead Of EU Summit
- Bank Of Tanzania Raises Repo Auction Rate
- Momentum Stock: Select Comfort Corp.
- Bear Of The Day: Talisman Energy (TLM)
- Bull Of The Day: Celgene Corporation (CELG)
- Aggressive Growth Stock: Saks, Inc
- Growth & Income Stock: Polaris Industries Inc.
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Up In Asian Trade
- Happy 10th Birthday IPod!
- Forex – Dollar Declines In Mid-day Asian Trade
- Natural Gas Can Put Americans Back To Work
- Forex – USD/JPY Lower In Mid-day Asian Trade
- Asian Stocks Retreat In Early Trade; Nikkei Falls 0.8%
- Forex Trading: USDCNH Holds The Line
- Forex Trading: Usd/sgd Finds Support On A Weekly Trendline
- Forex Trading: USDSGD Moving To Test Channel Again
- Forex – AUD/USD Falls In Early Asian Trade
- Wall Street Is Still Out Of Control, And Why Obama Should Call For Glass-Steagall And A Breakup Of Big Banks
- Crude Oil Declines In Early Asian Trade
- Forex – AUD/USD Down On Economic Data
- Australia’s Consumer Price Inflation Rises Less-than-expected
- E*Trade “Heard Us” And Pays Off $100 Million ARS
- Gold Rises In Early Asian Trade
- European Stocks Fall Ahead Of EU Summit
| Forex – Dollar Broadly Lower As EU Summit In Focus Posted: 26 Oct 2011 02:54 AM PDT Forexpros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as the euro remained supported ahead of a key European Union summit, but uncertainty over the outcome of the meeting weighed on risk appetite. During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.27% to hit 1.3944. Expectations for a breakthrough on a plan to tackle the debt crisis in the euro zone were dented after a meeting of the region's finance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| European Stocks Mixed Ahead Of Key Summit; DAX Down 0.06% Posted: 26 Oct 2011 02:42 AM PDT Forexpros – European stock markets were mixed on Wednesday, amid growing uncertainty over the outcome of a key EU summit after a planned meeting of European finance ministers was cancelled. During European morning trade, the EURO STOXX 50 fell 0.15%, France's CAC 40 dropped 0.02%, while Germany's DAX 30 inched down 0.06%. Expectations that EU leaders would make progress on a plan to contain the debt crisis in the euro zone were dampened after a meeting of euro zone finance ministers, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Oil Trades Close To 3-month High With EU Summit In Focus Posted: 26 Oct 2011 02:27 AM PDT Forexpros – Crude oil futures advanced for a fifth day on Wednesday, trading close to the previous session's three-month high as speculation China could loosen monetary policy in the near-term alleviated concerns ahead of a critical European Union summit later in the day. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at USD93.44 a barrel during European morning trade, climbing 0.87%. It earlier rose by as much as 1.1% to trade at a daily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| How Will The Eurozone Survive With Germany’s Economic Future In Doubt? Posted: 26 Oct 2011 02:17 AM PDT Germany (EWG) has taken the path away from nuclear following Fukushima by shutting down their reactors and importing natural gas from Russia (RSX) and nuclear energy from France (EWQ).
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| Forex – GBP/USD Steady Ahead Of Critical EU Summit Posted: 26 Oct 2011 02:11 AM PDT Forexpros – The pound was steady against the U.S. dollar on Wednesday, finding support close to a seven-week high ahead of a keenly anticipated European Union summit meeting. GBP/USD pulled back from 1.6041, the pair's highest since September 8, to hit 1.5998 during European morning trade, unchanged on the day. Cable was likely to find support at 1.5899, Monday's low and resistance at 1.6041, the day's high. Expectations for a breakthrough on dealing with the debt crisis in the euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: EUR/USD Hourly Consolidation Posted: 26 Oct 2011 01:32 AM PDT With all of the comments out of the Euro area, trading has been choppy tonight. The pair is currently testing the session highs with possible support down around 1.38903. If we break higher through resistance, the next target is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Gold Futures Extend Rally To 1-month High Ahead Of EU Summit Posted: 26 Oct 2011 01:29 AM PDT Forexpros – Gold futures were up for a fourth day on Wednesday, rallying to a one-month high as safe haven demand returned amid concerns that a critical European Union summit later in the day would disappoint expectations. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,715.85 a troy ounce during early European trade, jumping 0.91%. It earlier rose by as much as 1.05% to trade at USD1,721.25 a troy ounce, the highest price since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/JPY Near Record Low As Intervention Talk Intensifies Posted: 26 Oct 2011 01:19 AM PDT Forexpros – The U.S. dollar fell against the yen on Wednesday, trading within striking distance of the pair's all-time low, as speculation that Japan may intervene in the foreign exchange market to weaken the yen intensified. USD/JPY hit 75.87 during late Asian trade; the daily low; the pair subsequently consolidated at 75.89, shedding 0.26%. The pair was likely to find short-term support at 75.73, Tuesday's low and the pair's record low and resistance at 76.29, Tuesday's high. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – NZD/USD Slips As EU Summit Concerns Weigh Posted: 26 Oct 2011 01:01 AM PDT Forexpros – The New Zealand dollar dipped against its U.S. counterpart on Wednesday, as risk appetite was dented by concerns over the outcome of a key European Union summit later in the day, while tepid Australian inflation data also weighed. NZD/USD hit 0.7942 during late Asian trade, the pair's lowest since Friday; the pair subsequently consolidated at 0.7967, dipping 0.04%. The pair was likely to find support at 0.7898, Friday's low and resistance at 0.8077, Tuesday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Hungary Central Bank Keeps Interest Rate At 6.00% Posted: 26 Oct 2011 12:57 AM PDT The Magyar Nemzeti Bank kept its central bank base rate unchanged at 6.00%. The Bank said: “In the Council’s judgement, the outlook for growth has worsened significantly recently. Consumption demand is likely to be persistently low, reflecting the protracted process of balance sheet adjustment by households, uncertain income prospects and the further tightening in credit conditions. Significant fiscal adjustment next year is also likely to act as a brake on domestic demand … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Asia Stocks Mixed Ahead Of EU Summit; Nikkei Dips 0.15% Posted: 26 Oct 2011 12:48 AM PDT Forexpros – Asian stock markets were mixed on Wednesday, paring earlier losses amid speculation China could loosen monetary policy in the near-term, while traders remained cautious ahead a critical European Union summit later in the day. During late Asian trade, Hong Kong’s Hang Seng Index eased down 0.1%, Australia's ASX/200 Index rose 0.35%, while Japan's Nikkei 225 Index shed 0.15%. Asian equities were broadly lower after the open amid concerns that a key EU summit meeting would … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – AUD/USD Down After Tepid Australian CPI Data Posted: 26 Oct 2011 12:41 AM PDT Forexpros – The Australian dollar was lower against its U.S. counterpart on Wednesday, as tepid domestic inflation data and concerns over the outcome of a critical European Union summit later in the day weighed. AUD/USD hit 1.0356 during late Asian trade, the pair's lowest since Monday; the pair subsequently consolidated at 1.0383, shedding 0.43%. The pair was likely to find support at 1.0202, last Friday's low and resistance at 1.0496, Tuesday's high and a six-week high. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Steady At 6-week High Ahead Of EU Summit Posted: 26 Oct 2011 12:27 AM PDT Forexpros – The euro was steady against the U.S. dollar on Wednesday, trading close to a six-week high amid concerns that a key EU summit meeting would disappoint expectations after a planned a meeting of European finance ministers was cancelled. EUR/USD hit 1.3940 during late Asian trade, the daily high; the pair subsequently consolidated at 1.3921, easing up 0.10%. The pair was likely to find support at 1.3821, Monday's low and short-term resistance at 1.3959, Tuesday's high and a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Bank Of Tanzania Raises Repo Auction Rate Posted: 25 Oct 2011 11:48 PM PDT The Bank of Tanzania increased its repurchase agreement (repo) interest rate, placing the weighted average rate into double digits, with the rate last printing at 11.59% at the 25th of October auction (which compares to 8.24% at the start of the year, and a low of 0.93%). Tanzania reported inflation of 16.8% in September, compared to 10.9% in June. Inflation has been driven upwards by food supply variation, electricity shortages, and a weak shilling. The Tanzanian economy has grown … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Momentum Stock: Select Comfort Corp. Posted: 25 Oct 2011 11:05 PM PDT Select Comfort Corp. (SCSS) just surged into a new multi-year high after reporting strong Q2 results that included a 15% earnings surprise. With estimates on the rise and a bullish growth projection, this Zacks #1 Rank stock has plenty of momentum.
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| Bear Of The Day: Talisman Energy (TLM) Posted: 25 Oct 2011 11:05 PM PDT We are downgrading Talisman Energy (NYSE:TLM) shares to Underperform from Outperform following the cut in its annual production target for the second time in about two months. TLM expects repair work in the North Sea and weather-related issues in Canada to hurt operations and lower average output for 2011.
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| Bull Of The Day: Celgene Corporation (CELG) Posted: 25 Oct 2011 11:05 PM PDT We are upgrading Celgene Corporation (NASDAQ:CELG) to Outperform from Neutral following strong second quarter results delivered by the company and the decision of CHMP that the benefits associated with Revlimid outweigh the risks in multiple myeloma patients.
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| Aggressive Growth Stock: Saks, Inc Posted: 25 Oct 2011 11:05 PM PDT Whether you’re bullish or bearish on retailers, the recent sentiment and sales data has the industry under the microscope. Saks, Inc (NYSE:SKS) was beaten up along with others a few months ago, but this luxury retailer is worth another look here.
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| Growth & Income Stock: Polaris Industries Inc. Posted: 25 Oct 2011 11:05 PM PDT Polaris Industries Inc. (NYSE:PII) recently delivered its 18th consecutive positive earnings surprise on record sales and profits.
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| Forex – EUR/USD Up During The Asian Session Posted: 25 Oct 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3912, up 0.04% at time of writing. The pair was likely to find support at 1.3704, Friday's low, and resistance at 1.3960, Tuesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.17% to hit 0.8677 and EUR/JPY falling 0.05% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – GBP/USD Up In Asian Trade Posted: 25 Oct 2011 10:25 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.6038, up 0.23% at time of writing. The pair was likely to find support at 1.5754, Friday's low, and resistance at 1.6042, today's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.18% to hit 0.8676 and GBP/JPY rising 0.15% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 25 Oct 2011 08:32 PM PDT Ten years ago, Apple introduced the iPod, here’s a link to the 10/24/2001 New York Times story titled “Apple Introduces What It Calls an Easier to Use Portable Music Player,” with the following quote: “But while industry analysts said the device appeared to be as consumer friendly as the company said it was, they also pointed to its relatively limited potential audience, around seven million owners of the latest Macintosh computers.” Actual number of iPods sold as of January … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – Dollar Declines In Mid-day Asian Trade Posted: 25 Oct 2011 08:16 PM PDT Forexpros – In mid-day Asian trade, the greenback was lower against the euro, with EUR/USD gaining 0.10% to hit 1.3922. Leaders from 27 European countries were scheduled to meet in Brussels later Wednesday, followed by a meeting between heads of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Natural Gas Can Put Americans Back To Work Posted: 25 Oct 2011 07:45 PM PDT ConocoPhillips CEO James Mulva in the WSJ: “Even after 103,000 jobs were added during September, unemployment remains at 9.1%. Counting those who have given up the job search or accepted a part-time job, economists calculate actual unemployment at a staggering 16.5%. Where will the growth come from that can help get people back to work? One source is the natural gas industry, which is already generating jobs by the thousands, all without government subsidy. And it can generate even … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/JPY Lower In Mid-day Asian Trade Posted: 25 Oct 2011 07:40 PM PDT Forexpros – In mid-day Asian trade USD/JPY hit 75.99, the pair's lowest since Tuesday; the pair subsequently consolidated at 76.03, easing down 0.09%. The pair was likely to find support at 75.75, the all-time low, and resistance at 77.45, the high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Asian Stocks Retreat In Early Trade; Nikkei Falls 0.8% Posted: 25 Oct 2011 07:11 PM PDT Forexpros – During early Asian trade, Hong Kong's Hang Seng Index lost 1.14% to 18,758.44, Japan's Nikkei Index fell 0.78% to 8,693.93, while Australia's S&P/ASX 200 retreated 1.3% to 4,173.30.
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| Forex Trading: USDCNH Holds The Line Posted: 25 Oct 2011 06:32 PM PDT The USDCNH pair has held the trendline we advertised yesterday as there has been little in the form of significant news out of Europe, although the Financial Times reported late in NY that further delays are possible, perhaps until the next scheduled ECB meeting on November 7th. News is the order of the day and we will await for some to see if the pair is to break below this short-term trendline or perhaps above the 100 day moving … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: Usd/sgd Finds Support On A Weekly Trendline Posted: 25 Oct 2011 06:32 PM PDT usd/sgd finds support on a weekly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: USDSGD Moving To Test Channel Again Posted: 25 Oct 2011 06:32 PM PDT The USDSGD pair looks poised to test the top of the channel again, possibly today if the USD can regain a bid as the European meetings scheduled for Wednesday could again be delayed. With no data out of Singapore tonight, historic flooding in the far east and a recently battered USD could provide a short-term bid for the pair. It is also note worthy that the chart has a descending 4-100hr mavg moving quickly toward the 4-200hr … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – AUD/USD Falls In Early Asian Trade Posted: 25 Oct 2011 06:25 PM PDT Forexpros – AUD/USD hit 1.0364 in early Asian trade, the pair's lowest since Monday; the pair subsequently consolidated at 1.0372, declining 0.55%. The pair was likely to find support at 0.9730, the low of October 7, and resistance at 1.0501, Monday's high. Leaders from 27 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 25 Oct 2011 05:48 PM PDT Next week President Obama travels to Wall Street where he'll demand – in light of the Street's continuing antics since the bailout, as well as its role in watering-down the Volcker rule – that the Glass-Steagall Act be resurrected and big banks be broken up.
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| Crude Oil Declines In Early Asian Trade Posted: 25 Oct 2011 05:47 PM PDT Forexpros – On the New York Mercantile Exchange light, sweet crude futures for November delivery traded at USD92.58 a barrel during early Asian trade, falling 0.65%, after hitting a daily high of USD92.83. Leaders from 27 European countries were scheduled to meet in Brussels … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – AUD/USD Down On Economic Data Posted: 25 Oct 2011 05:45 PM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of Australian data on CPI. AUD/USD was trading at 1.0368, down 0.58% at time of writing. The pair was likely to find support at 1.0204, Friday's low, and resistance at 1.0501, Monday's high. Earlier in the day, official data showed that Australian consumer price inflation rose less-than-expected to a seasonally adjusted 0.6% in the last quarter from 0.9% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Australia’s Consumer Price Inflation Rises Less-than-expected Posted: 25 Oct 2011 05:40 PM PDT Forexpros – Australian consumer price inflation rose less-than-expected in the last quarter, official data showed on Wednesday. In a report, the Australian Bureau of Statistics said that CPI rose to 0.6%, from 0.9% in the preceding quarter. Analysts had expected CPI to rise 0.7% in the last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| E*Trade “Heard Us” And Pays Off $100 Million ARS Posted: 25 Oct 2011 05:35 PM PDT Let there be no doubt that public pressure appropriately applied can bring real results in the midst of little courage displayed by far too many in the world of financial regulation. How so?
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| Gold Rises In Early Asian Trade Posted: 25 Oct 2011 05:14 PM PDT Forexpros – On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,702.85 a troy ounce during early Asian trade, gaining 0.15%, after hitting a low of USDS1,696.55. Leaders from 27 European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| European Stocks Fall Ahead Of EU Summit Posted: 25 Oct 2011 03:28 PM PDT By ForexMansion.com
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