DailyMarkets.com - Copper Edges Higher As Dollar Weakens On EU Hopes

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• Copper Edges Higher As Dollar Weakens On EU Hopes
• Forex – Dollar Broadly Lower As Markets Eye E.Z. Talks
• Forex – USD/CHF Steady After Swiss UBS Consumption Data
• U.K. Net Lending To Individuals Rises More-than-expected
• Crude Oil Futures Slide Ahead Of Euro Zone Meeting
• Swiss UBS Consumption Improves In October
• European Stocks Drop Amid Debt Talks; DAX Down 0.71%
• Forex – GBP/USD Steady Ahead Of U.K. Budget Statement
• Gold Futures Ease Down With EU Finmin Meeting In Focus
• Forex – USD/JPY Steady As Markets Eye Euro Zone Talks
• Forex – AUD/USD Hits 6-day High On E.Z. Hopes
• Forex – NZD/USD At 7-day High, Tracking Euro Gains
• Asia Stocks Advance Ahead Of EU Summit; Nikkei Jumps 2.3%
• Forex – EUR/USD Edges Higher As EU Finmin Meeting Eyed
• U.K. Nationwide HPI Rises Unexpectedly In November
• Growth & Income Stock: Monsanto Company
• Aggressive Growth Stock: United Therapeutics Corp
• Momentum Stock: Universal Corp.
• Bear Of The Day: Ingram Micro, Inc. (IM)
• Bull Of The Day: Hibbett Sporting Goods (HIBB)
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – USD/CHF Down During Asian Trade
• Forex – USD/JPY Up During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Chart Of The Day: Drill, Drill, Drill= Jobs, Jobs, Jobs
• Forex – USD/CAD Down In Asian Trading Hours
• Forex Trading: EUR And European Stocks Firmer.
• Forex – AUD/USD Up During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Possible Antidote To The Higher Education Bubble: Free Computer Classes At Stanford University
• Forex – EUR/JPY Up During Asian Trade
• Forex – GBP/JPY Up During The Asian Session
• Daily Commodities Update: Silver

Copper Edges Higher As Dollar Weakens On EU Hopes Posted: 29 Nov 2011 02:33 AM PST Forexpros – Copper futures advanced on Tuesday, hovering close to the previous session's two-week high as the U.S. dollar came under pressure ahead of a meeting of euro zone finance ministers in Brussels later in the day. On the Comex division of the New York Mercantile Exchange, copper futures for March delivery traded at USD3.385 a pound during European morning trade, gaining 0.41%. It earlier rose by as much as 0.5% to trade at a daily high of USD3.388 a pound. Prices climbed to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Broadly Lower As Markets Eye E.Z. Talks Posted: 29 Nov 2011 01:59 AM PST Forexpros – The U.S. dollar was modestly lower against its major counterparts Tuesday, as hopes that European officials will make some progress on tackling the region's debt crisis supported demand for riskier assets. During European morning trade, the dollar was down against the euro, with EUR/USD rising 0.15% to hit 1.3340. Euro zone finance ministers were to meet later on Tuesday and were expected to approve plans to expand the scope of the euro zone's bailout fund, the European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Steady After Swiss UBS Consumption Data Posted: 29 Nov 2011 01:39 AM PST Forexpros – The U.S. dollar was almost unchanged against the Swiss franc on Tuesday, as markets remained cautious ahead of a meeting of euro zone finance ministers later in the day. USD/CHF hit 0.9244 during European morning trade, the daily high; the pair subsequently consolidated at 0.9226, edging up 0.05%. The pair was likely to find support at 0.9084, the low of November 18 and resistance at 0.9329, the high of November 25. Euro zone finance ministers were to meet later on Tuesday to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.K. Net Lending To Individuals Rises More-than-expected Posted: 29 Nov 2011 01:38 AM PST Forexpros – Net lending to individuals in the U.K. rose more-than-expected in October, official data showed on Tuesday. In a report, the Bank of England said net lending to individuals rose by GBP1.3 billion in October, above expectations for GBP1.0 billion. Net lending to individuals for September was revised up to GBP1.1 billion from a previously reported GBP1.0 billion. Net consumer credit was flat in October, confounding expectations for a GBP0.5 billion increase, after rising by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures Slide Ahead Of Euro Zone Meeting Posted: 29 Nov 2011 01:24 AM PST Forexpros – Crude oil futures declined on Tuesday, a day after a strong rally that took prices above USD100-a-barrel, as investors eyed a meeting of euro zone finance ministers in Brussels later in the day. On the New York Mercantile Exchange, light, sweet crude futures for delivery in January traded at USD97.74 a barrel during European morning trade, dropping 0.48%. It earlier fell by as much as 0.65% to trade at a daily low of USD97.23 a barrel. Finance ministers from the 17 European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Swiss UBS Consumption Improves In October Posted: 29 Nov 2011 01:07 AM PST Forexpros – Switzerland’s UBS consumption improved in October, rising for the second consecutive month, industry data showed on Tuesday. In a report, Swiss bank UBS said its consumption indicator eased up by 0.09 points to 0.91 in October from 0.82 in September, whose figure was revised down from 0.84. "A continuously high number of new vehicle registrations, benefitted by the present currency situation, is boosting the consumption indicator," the report said. The report added that, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Drop Amid Debt Talks; DAX Down 0.71% Posted: 29 Nov 2011 01:03 AM PST Forexpros – European stock markets were sharply lower on Tuesday, as investor confidence weakened amid sustained concerns over the euro zone's debt crisis ahead of a meeting of European finance ministers. During European morning trade, the EURO STOXX 50 tumbled 1.14%, France's CAC 40 declined 1.12%, while Germany's DAX 30 slid 0.71%. Euro zone finance ministers were to meet later on Tuesday to approve detailed arrangements for scaling up the European Financial Stability Facility. They … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Steady Ahead Of U.K. Budget Statement Posted: 29 Nov 2011 12:45 AM PST Forexpros – The pound was steady against the U.S. dollar on Tuesday, as investors remained jittery ahead of the U.K. government's autumn budget statement and a meeting of European Union finance ministers later in the day. GBP/USD hit 1.5538 during European morning trade, the daily high; the pair subsequently consolidated at 1.5530, easing up 0.11%. Cable was likely to find support at 1.5423, Friday's low and a seven-week low and resistance at 1.5594, Monday's high. The budget … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Ease Down With EU Finmin Meeting In Focus Posted: 29 Nov 2011 12:33 AM PST Forexpros – Gold futures eased down on Tuesday, but remained above the key USD1,700-an-ounce-level as investors remained cautious ahead of a meeting of European Union finance ministers scheduled for later in the day. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,710.75 a troy ounce during early European morning trade, edging 0.22% lower. It earlier fell by as much as 0.34% to trade at a daily low of USD1,710.05 a troy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Steady As Markets Eye Euro Zone Talks Posted: 29 Nov 2011 12:23 AM PST Forexpros – The U.S. dollar was almost unchanged against the yen on Tuesday, after rising to a one-month high as investors remained cautious ahead of a meeting of euro zone finance ministers later in the day. USD/JPY hit 78.28 during late Asian trade, the pair's highest since November 2; the pair subsequently consolidated 77.93, inching down 0.04%. The pair was likely to find support at 77.45, the low of November 28 and resistance at 78.40, the high of November 2. Euro zone finance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Hits 6-day High On E.Z. Hopes Posted: 29 Nov 2011 12:01 AM PST Forexpros – The Australian dollar rose to a six-day high against its U.S. counterpart on Tuesday, amid hopes that European officials will make some progress on tackling the region's debt crisis at a meeting later in the day. AUD/USD hit 0.9994 during late Asian trade, the pair's highest since November 21; the pair subsequently consolidated at 0.9948, climbing 0.43%. The pair was likely to find support at 0.9789, the low of November 28 and resistance at 1.0106, the high of November … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD At 7-day High, Tracking Euro Gains Posted: 28 Nov 2011 11:49 PM PST Forexpros – The New Zealand dollar edged higher against its U.S. counterpart on Tuesday, tracking gains in the euro amid expectations for progress in tackling Europe's debt crisis. NZD/USD hit 0.7601 during late Asian trade, the pair's highest since November 18; the pair subsequently consolidated at 0.7584, gaining 0.44%. The pair was likely to find support at 0.7478, Monday's low and resistance at 0.7648, the high of November 18. Market sentiment strengthened ahead of a meeting of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asia Stocks Advance Ahead Of EU Summit; Nikkei Jumps 2.3% Posted: 28 Nov 2011 11:42 PM PST Forexpros – Asian stock markets rallied for a second day on Tuesday, as hopes that European policymakers will reach an agreement to contain the region's ongoing debt crisis boosted demand for riskier assets. During late Asian trade, Hong Kong’s Hang Seng Index climbed 1.3%, Australia's ASX/200 Index gained 1.1%, while Japan's Nikkei 225 Index surged 2.3%. Finance ministers from the 17 European Union member states were to meet in Brussels later in the day to discuss the region’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Edges Higher As EU Finmin Meeting Eyed Posted: 28 Nov 2011 11:26 PM PST Forexpros – The euro edged higher against the U.S. dollar on Tuesday, amid hopes for progress in resolving the debt crisis in the euro zone, ahead of a meeting of European Union finance ministers later in the day. EUR/USD hit 1.3374 during late Asian trade, the daily high; the pair subsequently consolidated at 1.3349, gaining 0.22%. The pair was likely to find support at 1.3272, Monday's low and short-term resistance at 1.3410, the high of November 24. Euro zone finance ministers were to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.K. Nationwide HPI Rises Unexpectedly In November Posted: 28 Nov 2011 11:20 PM PST Forexpros – U.K. house prices rose unexpectedly in November, industry data showed on Tuesday. In a report, U.K. mortgage lender Nationwide said its house price index rose 0.4% in November, confounding expectations for a decline of 0.1%. U.K. house prices rose by an unrevised 0.4% in October. Year-on-year, home prices in the U.K. rose at an annualized rate of 1.6% in November, beating expectations for a 1.3% increase, after rising by 0.8% in the preceding month. Commenting on the report, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Monsanto Company Posted: 28 Nov 2011 11:05 PM PST Monsanto Company (NYSE:MON) has been in a turnaround mode the last few years. But the company appears to be coming out of the dark times. This Zacks #2 Rank (buy) is on track for double digit growth as Latin America propels seed sales higher. Monsanto is an agriculture company that primarily focuses on seeds, including genetically modified seeds, and herbicides. It offers farmers a range of seeds including corn, soybeans, cotton, wheat, canola and sugar cane. Monsanto Surprised Again in the Fiscal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: United Therapeutics Corp Posted: 28 Nov 2011 11:05 PM PST Is United Therapeutics Corp (NASDAQ:UTHR) just what the doctor ordered? Growth rates are high and still climbing but why are shares so cheap right now? Company Description United Therapeutics Corp is a biotech company that makes unique products for patients with chronic and life-threatening conditions. A Great Quarter On Oct 27 United reported a 20% jump in revenues, to $201.7 million, driven by an increasing number of patients being prescribed its products. Net income more than doubled to $84.4 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Universal Corp. Posted: 28 Nov 2011 11:05 PM PST Universal Corp. (UVV) has been a shining light in the volatile market, recently hitting a new 52-week high as investors shift into more conservative assets. Company Description Universal Corp, through its subsidiaries, operates as a leaf tobacco merchant globally. The company was founded in 1888 and has a market cap of $1.03 billion. Tobacco and dividend stocks are viewed as being defensive assets, and since UVV is both, shares just hit a new 52-week high in the recently volatile market. Solid … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Ingram Micro, Inc. (IM) Posted: 28 Nov 2011 11:05 PM PST Ingram Micro (NYSE:IM) is one of the world’s largest distributors of IT products. The company failed to impress with its third quarter 2011 results. Moreover, the soft retail sector in Europe and the Asia-Pacific, as well as the ERP transition issue in Australia resulted in an unexciting 2011 guidance. Though management appears confident about most of the near-term issues and the regaining of market share in Australia, we remain cautious. Also, while the company’s strategic partnerships with IT … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Hibbett Sporting Goods (HIBB) Posted: 28 Nov 2011 11:05 PM PST Hibbett Sporting Goods’ (NASDAQ:HIBB) earnings of $0.59 per share for the third quarter ended October 2011 beat the Zacks Consensus Estimate of $0.51 and surged 34% from the prior-year quarter on the heels of robust performance of footwear and apparel sales along with operational efficiencies. Management has raised its earnings guidance for the current fiscal year to a range of $2.05 to $2.11 a share. Management also remains committed to expanding the store network. Moreover, Hibbett’s sharp focus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 28 Nov 2011 10:45 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3363, up 0.32% at time of writing. The pair was likely to find support at 1.3213, Friday's low, and resistance at 1.3411, Thursday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.26% to hit 0.8608 and EUR/JPY rising 0.41% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 28 Nov 2011 10:10 PM PST Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday. GBP/USD was trading at 1.5532, up 0.12% at time of writing. The pair was likely to find support at 1.5424, Friday's low, and resistance at 1.5594, Monday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.25% to hit 0.8608 and GBP/JPY rising 0.23% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 28 Nov 2011 09:35 PM PST Forexpros – The U.S. Dollar was lower against the Swiss Franc on Tuesday. USD/CHF was trading at 0.9200, down 0.24% at time of writing. The pair was likely to find support at 0.9154, Thursday's low, and resistance at 0.9330, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.34% to hit 1.3365 and USD/JPY rising 0.11% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 28 Nov 2011 09:35 PM PST Forexpros – The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of Japanese data on Unemployment Rate. USD/JPY was trading at 78.05, up 0.11% at time of writing. The pair was likely to find support at 77.02, Thursday's low, and resistance at 78.28, today's high. Earlier in the day, official data showed that Japan's unemployment rate rose more-than-expected to a seasonally adjusted 4.5% last month from 4.1% in the preceding month. Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 28 Nov 2011 09:00 PM PST Forexpros – The Euro was higher against the British Pound on Tuesday. EUR/GBP was trading at 0.8606, up 0.23% at time of writing. The pair was likely to find support at 0.8546, Friday's low, and resistance at 0.8620, Thursday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.22% to hit 1.3349 and EUR/JPY rising 0.36% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chart Of The Day: Drill, Drill, Drill= Jobs, Jobs, Jobs Posted: 28 Nov 2011 08:12 PM PST The chart above displays monthly “natural resources and mining” employment levels in North Dakota (blue line) and Pennsylvania (red line) back to 1995. After more than a decade of flat employment levels for energy-related jobs in both states, employment levels recently have been booming, along with the Bakken oil boom in North Dakota and the Marcellus natural gas boom in Pennsylvania. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 28 Nov 2011 08:10 PM PST Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday. USD/CAD was trading at 1.0333, down 0.07% at time of writing. The pair was likely to find support at 1.0305, Monday's low, and resistance at 1.0523, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.14% to hit 1.3338 and GBP/USD falling 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EUR And European Stocks Firmer. Posted: 28 Nov 2011 07:42 PM PST The euro is trading firmer along with European equity markets (Euro Stoxx 50 up 5.23%, FSTE 100 up 2.85%) as  financial markets hope the Euro-zone policy makers make moves to tackle the debt crisis. There are also currently talks on a France-Germany stability pact to try to muffle the debt problems in Europe. All of this following the IMF's denial of bailout talks with Italy yesterday. All of this with the though of a possible Euro-zone break still in the minds of investors. Earlier the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 28 Nov 2011 07:30 PM PST Forexpros – The Australian Dollar was higher against the U.S. Dollar on Tuesday. AUD/USD was trading at 0.9909, up 0.04% at time of writing. The pair was likely to find support at 0.9668, Friday's low, and resistance at 0.9976, Monday's high. Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.04% to hit 1.3454 and AUD/JPY rising 0.27% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 28 Nov 2011 07:05 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3310, down 0.08% at time of writing. The pair was likely to find support at 1.3213, Friday's low, and resistance at 1.3411, Thursday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8593 and EUR/JPY rising 0.19% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Possible Antidote To The Higher Education Bubble: Free Computer Classes At Stanford University Posted: 28 Nov 2011 06:39 PM PST From I Programmer — “Stanford University is offering the online world more of its undergraduate level courses. These free courses consist of You Tube videos with computer-marked quizzes and programming assignments. The model is that courses are delivered as lecture videos, which are broken into small chunks some of which will contain integrated quiz questions. There will be approximately two hours worth of video content per week over 10 weeks. There are no textbooks to buy, although … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 28 Nov 2011 06:35 PM PST Forexpros – The Euro was higher against the Japanese Yen on Tuesday after the release of Japanese data on Retail Sales. EUR/JPY was trading at 104.11, up 0.25% at time of writing. The pair was likely to find support at 102.50, Friday's low, and resistance at 104.52, Monday's high. Earlier in the day, official data showed that Japanese retail sales rose more-than-expected to a seasonally adjusted annual rate of 1.9% last month from -1.1% in the preceding month whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 28 Nov 2011 05:45 PM PST Forexpros – The British Pound was higher against the Japanese Yen on Tuesday after the release of Japanese data on Unemployment Rate. GBP/JPY was trading at 121.19, up 0.19% at time of writing. The pair was likely to find support at 119.39, Thursday's low, and resistance at 121.68, Monday's high. Earlier in the day, official data showed that Japan's unemployment rate rose more-than-expected to a seasonally adjusted 4.5% last month from 4.1% in the preceding month. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: Silver Posted: 28 Nov 2011 10:32 AM PST By ForexMansion.com By Jonah S. Ford Silver futures launched higher in Monday's trading session to eclipse the $32.00 per ounce level once again. The turn-around erased much of the losses experienced last week as the precious metals sector followed the stock market lower. Monday's move places the price in close proximity to the resistance identified on the Autochartist Key Level indicator.   This key level at $32.60 per ounce has served as a major cross-over point to identify … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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