Sunday, October 9, 2011

DailyMarkets.com - Steve Jobs, World’s Greatest Philanthropist

DailyMarkets.com - Steve Jobs, World’s Greatest Philanthropist

Steve Jobs, World’s Greatest Philanthropist

Posted: 09 Oct 2011 07:27 AM PDT

From Dan Pollatta writing in Harvard Business Review blog:

“What a loss to humanity it would have been if Jobs had dedicated the last 25 years of his life to figuring out how to give his billions away, instead of doing what he does best.

We’d still be waiting for a cell phone on which we could actually read e-mail and surf the web. “We” includes students, doctors, nurses, aid workers, charity leaders, social workers, and so on. It helps the blind read text and identify currency. It helps … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Grain Futures – Weekly Review: October 3-7

Posted: 09 Oct 2011 07:19 AM PDT

Forexpros – U.S. grain futures retreated on Friday, tracking commodity markets lower after ratings agency Fitch downgraded the credit ratings of Italy and Spain, dampening the appeal of riskier assets.

Grain futures traded higher earlier Friday, following the release of better-than-expected U.S. employment data.

The U.S. Department of Labor said nonfarm payrolls rose by 103,000 in September, nearly doubling expectations for a gain of 53,000. The data showed that payrolls for the previous … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Weekly Outlook: October 10-14

Posted: 09 Oct 2011 06:56 AM PDT

Forexpros – The U.S. dollar ended the week lower against its Canadian counterpart on Friday, as market sentiment recovered after the announcement of fresh European measures to tackle the region’s debt crisis and better-than-expected U.S. nonfarm payrolls data.

USD/CAD hit 1.0233 on Friday, the pair’s lowest since September 28; the pair subsequently consolidated at 1.0391, shedding 0.92%.

The pair is likely to find support at 1.0233, the low of October 7 and resistance at 1.0570, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Weekly Outlook: October 10-14

Posted: 09 Oct 2011 06:00 AM PDT

Forexpros – The New Zealand dollar ended the week higher against its U.S. counterpart on Friday, as market sentiment was lifted after the announcement of new European measures to counter the debt crisis and upbeat U.S. nonfarm payrolls data.

NZD/USD hit 0.7796 on Friday, the pair’s highest since September 29; the pair subsequently consolidated at 0.7701, rising 1.17% over the week.

The pair is likely to find support at 0.7467, the low of October 4 and resistance at 0.7831, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Weekly Outlook: October 10-14

Posted: 09 Oct 2011 05:19 AM PDT

Forexpros – The Australian dollar ended the week higher against its U.S. counterpart on Friday, as a potential recapitalization plan of European banks and upbeat U.S. nonfarm payrolls data boosted market sentiment.

AUD/USD hit 0.9878 on Friday, the pair’s highest since September 28; the pair subsequently consolidated at 0.9766, rising 2.24% over the week.

The pair is likely to find support at 0.9386, the low of October 4 and resistance at 0.9954, the high of September 28.

Demand for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures – Weekly Review: October 3-7

Posted: 09 Oct 2011 05:19 AM PDT

Forexpros – Crude oil futures eased off a seven-day high in choppy trade on Friday, paring strong gains made on the back of better-than-expected U.S. employment data, after ratings agency Fitch downgraded the credit ratings of Italy and Spain.

On the New York Mercantile Exchange, light sweet crude futures for delivery in November traded at USD82.72 a barrel by close of trade on Friday, jumping 4.78% over the week, the largest weekly gain since early March.

Crude prices rose to USD83.98 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures – Weekly Review: October 3-7

Posted: 09 Oct 2011 04:10 AM PDT

Forexpros – Gold futures edged lower on Friday, paring a weekly gain after ratings agency Fitch downgraded the credit ratings of Italy and Spain, prompting gold traders to sell their positions to raise cash to cover losses in other markets.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery settled at USD1,639.85 a troy ounce by close of trade on Friday, climbing 0.84% over the week, the first weekly gain in a month.

Fitch cut Italy's rating to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Weekly Outlook: October 10-14

Posted: 09 Oct 2011 03:56 AM PDT

Forexpros – The U.S. dollar ended the week lower against the yen on Friday, as the pair continued to trade in a narrow range amid concerns over a fresh intervention by Japan to weaken the yen.

USD/JPY hit 77.25 on Monday, the pair’s highest since September 15; the pair subsequently consolidated at 76.70 by close of trade on Friday, shedding 0.48% over the week.

The pair is likely to find support at 76.25, the low of September 27 and resistance at 77.25, the high of October 3.

Concerns over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Weekly Outlook: October 10-14

Posted: 09 Oct 2011 03:42 AM PDT

Forexpros – The U.S. dollar closed higher against the Swiss franc on Friday, trading just beneath a six-month high, after last month's intervention by the Swiss National Bank to curb the appreciation of the franc dampened the safe haven appeal of the currency.

USD/CHF hit 0.9314 on Thursday, the pair's highest since April 1; the pair subsequently consolidated at 0.9268 by close of trade on Friday, gaining 1.78% over the week.

The pair is likely to find support at 0.9076, Monday's low … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EURUSD: Halts Declines, Recovery Risk Develops

Posted: 08 Oct 2011 06:56 PM PDT

By ForexMansion.com
EURUSD: The pair has halted its weakness following a failed test of the 1.3144 level the past week. With a high wave candle pattern now in place, risk of a recovery higher in the new week is a possibility. In such a case, its Friday high at 1.3524 level will come in as the initial resistance with a violation of that level creating scope for a move lower towards its Sept 28'2011 high at 1.3690. We may see a price hesitation turning EUR lower at this level but if that fails … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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