DailyMarkets.com - Copper Futures Jump To 3-day High As Italy Fears Ease
DailyMarkets.com - Copper Futures Jump To 3-day High As Italy Fears Ease |
- Copper Futures Jump To 3-day High As Italy Fears Ease
- Myriad To Outperform
- Forex – USD/CHF Holds Gains After Italian Debt Auction
- Forex Trading: Eurozone Industrial Production
- Crude Oil, Gold Look To Italian Bond Sale To Shape Sentiment Trends
- Euro Zone Industrial Production Declines In September
- Forex – Dollar Higher Vs. Rivals Amid Italy Uncertainty
- Crude Oil Steady At 15-week High Ahead Of Italy Bond Auction
- European Stocks Slip On Italy Concerns; DAX Down 0.17%
- Forex – GBP/USD Lower Ahead Of Italian Bond Auction
- Forex – USD/JPY Declines Ahead Of Italian Bond Auction
- Gold Futures Steady As Markets Focus On Italy
- Swiss PPI Eases Less-than-expected In October
- Forex – AUD/USD Steady As Focus Remains On Italy
- Asia Stocks Gain On Italy Progress; Nikkei Up 1% On GDP Data
- Forex – NZD/USD Rises On New Italy Hopes
- Forex – EUR/USD Steady As Euro Zone Uncertainty Persists
- Bull Of The Day: Macy's, Inc. (M)
- Bear Of The Day: Tower Group, Inc. (TWGP)
- Growth & Income Stock: Oritani Financial Corp.
- Aggressive Growth Stock: Build-A-Bear Workshop
- Momentum Stock: GNC Holdings, Inc.
- Central Bank Of Argentina Drops Dollar Reserve Requirements
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Down In Asian Trade
- Forex – EUR/CHF Down In Asian Trading Hours
- A New Risk Indicator To Sidestep Market Downturns: Is It Better Than VIX?
- Forex – USD/CHF Up During The Asian Session
- Forex – EUR/GBP Up In Asian Trade
- Forex – USD/JPY Down In Asian Trading Hours
- Starbucks Quenches Thirst For Health
- Forex – USD/CAD Up During The Asian Session
- Quote Of The Day On The Cornucopia Of Taxpayer Dollars For Renewable Energy, Aka Crony Capitalism
- Forex – AUD/USD Up In Asian Trade
- Interesting Fact Of The Day: As The “Saudi Arabia Of Natural Gas,” The U.S. Could Become An Exporter
- Forex – GBP/CHF Up In Asian Trading Hours
- Big Farm’s Crony Capitalism And Corporate Welfare
- Wall Street-Washington Incest And Insider Trading
- Forex – EUR/USD Up During The Asian Session
- Forex – USD/JPY Up In Asian Trading Hours
- Forex – EUR/JPY Up In Asian Trade
Copper Futures Jump To 3-day High As Italy Fears Ease Posted: 14 Nov 2011 02:58 AM PST Forexpros – Copper futures were up sharply on Monday, rallying to a three-day high after a well-received Italian bond auction eased fears over the country's debt crisis. On the Comex division of the New York Mercantile Exchange, copper futures for December delivery traded at USD3.530 a pound during European morning trade, surging 1.94%. It earlier rose by as much as 2.65% to trade at USD3.585 a pound, the highest price since November 9. Italy's Treasury auctioned EUR3 billion of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 14 Nov 2011 02:50 AM PST We have upgraded Myriad Genetics (NASDAQ:MYGN) to Outperform with a target price of $24.00. |
Forex – USD/CHF Holds Gains After Italian Debt Auction Posted: 14 Nov 2011 02:48 AM PST Forexpros – The U.S. dollar was up against the Swiss franc on Monday, as demand for the safe haven greenback found support amid sustained worries over the debt crisis in the euro zone after an Italian bond auction. USD/CHF hit 77.25 during European morning trade, the daily high; the pair subsequently consolidated at 0.9024, rising 0.26%. The pair was likely to find support at 0.8867 the low of November 7 and resistance at 0.9151, the high of November 10. Italy sold all EUR3 billion of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex Trading: Eurozone Industrial Production Posted: 14 Nov 2011 02:35 AM PST E/Z Industrial Production m/m came in at -2.0%, stronger than the -2.1% expected, but weaker than the prior reading of 1.4%. |
Crude Oil, Gold Look To Italian Bond Sale To Shape Sentiment Trends Posted: 14 Nov 2011 02:16 AM PST Talking Points Crude Oil Looks to Italian Bond Auction for Direction Cues WTI Crude Oil (NY Close): $98.99 // +1.21 // +1.24% |
Euro Zone Industrial Production Declines In September Posted: 14 Nov 2011 02:06 AM PST Forexpros – Industrial production in the euro zone declined slightly less-than-expectations in September, official data showed on Monday. In a report, Eurostat, the European statistics agency said industrial production fell by a seasonally adjusted 2.0% in September, slightly better-than-expectations for a 2.2% drop. The previous month's figure was revised up to a 1.4% gain from a previously reported 1.2% increase. Year-on-year, industrial production rose at an annualized rate of 2.2% in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – Dollar Higher Vs. Rivals Amid Italy Uncertainty Posted: 14 Nov 2011 02:05 AM PST Forexpros – The U.S. dollar was up against most of its major counterparts on Monday, as ongoing concerns over the debt crisis in the euro zone ahead of an Italian bond auction boosted demand for the safe haven greenback. During European morning trade, the dollar was sharply higher against the euro, with EUR/USD shedding 0.42%% to hit 1.3690. Investors were jittery ahead of a EUR3 billion Italian 5-year bond auction, in what was seen as a key test of investor confidence in Italian … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Crude Oil Steady At 15-week High Ahead Of Italy Bond Auction Posted: 14 Nov 2011 01:47 AM PST Forexpros – Crude oil futures held steady on Monday, hovering close to the psychologically important level of USD100-a-barrel as markets awaited the outcome of a closely-watched Italian bond auction later in the day. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at USD99.05 a barrel during European morning trade, easing up 0.12%. It earlier rose by as much as 0.45% to trade at USD99.56 a barrel, the highest since July 26, when prices rose to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
European Stocks Slip On Italy Concerns; DAX Down 0.17% Posted: 14 Nov 2011 01:34 AM PST Forexpros – European stock markets were lower on Monday, as investors remained concerned over Italy’s debt crisis, ahead of a government bond auction later in the day. During European morning trade, the EURO STOXX 50 fell 0.23%, France's CAC 40 advanced 0.46%, while Germany's DAX 30 slipped 0.17%. Investors were jittery ahead of a EUR3 billion Italian 5-year bond auction, in what was seen as a key test of investor confidence in Italian debt. Over the weekend, Italy’s president … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – GBP/USD Lower Ahead Of Italian Bond Auction Posted: 14 Nov 2011 01:06 AM PST Forexpros – The pound dipped against the U.S. dollar on Monday, as investors remained concerned about Italy’s debt crisis, ahead of a government bond auction later in the day. GBP/USD hit 1.6018 during late Asian trade, the daily low; the pair subsequently consolidated at 1.5990, shedding 0.47%. The pair was likely to find support at 1.5945, the low of November 4 and resistance at 1.6165, the high of October 31. The pound came under pressure as markets eyed a EUR3 billion Italian 5-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/JPY Declines Ahead Of Italian Bond Auction Posted: 14 Nov 2011 12:48 AM PST Forexpros – The U.S. dollar declined against the yen on Monday, falling to a two-week low as ongoing concerns over Italy’s ability to tackle its debt crisis ahead of a government bond auction boosted demand for the safe haven yen. USD/JPY hit 77.01 during European morning trade, the pair’s lowest since October 31; the pair subsequently consolidated at 77.02, shedding 0.14%. The pair was likely to find support at 76.59, the low of October 17 and resistance at 77.67, the high of November … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Gold Futures Steady As Markets Focus On Italy Posted: 14 Nov 2011 12:32 AM PST Forexpros – Gold futures were steady on Monday, hovering just below the psychologically important level of USD1,800-an-ounce, as markets continued to eye developments surrounding Italy's debt crisis. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,785.85 a troy ounce during early European morning trade, easing down 0.13%. The gold contract traded between a range of USD1,781.65 a troy ounce, the daily low and USD1,797.55, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Swiss PPI Eases Less-than-expected In October Posted: 14 Nov 2011 12:22 AM PST Forexpros – Switzerland’s producer price index declined less-than-expected in October, official data showed on Monday. The Swiss Federal Statistical Office said its producer price index declined by a seasonally adjusted 0.2% in October, after declining by 0.1% in September. Analysts had expected Swiss PPI to ease by 0.3% in October. Year-over-year, the producer price index fell at an annualized rate of 1.8% in October, compared to analyst expectations for a 1.9% decline, after dropping at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – AUD/USD Steady As Focus Remains On Italy Posted: 14 Nov 2011 12:08 AM PST Forexpros – The Australian dollar was almost unchanged against its U.S. counterpart on Monday as concerns over Italy’s debt woes slightly eased ahead of an Italian bond auction later in the day. AUD/USD hit 1.0341 during late Asian trade, the pair’s highest since November 9; the pair subsequently consolidated at 1.0279, inching up 0.02%. The pair was likely to find support at 1.0136, the low of November 9 and resistance at 1.0445, the high of November 3. Market sentiment strengthened after … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Asia Stocks Gain On Italy Progress; Nikkei Up 1% On GDP Data Posted: 13 Nov 2011 11:55 PM PST Forexpros – Asian stock markets were broadly higher on Monday, as sentiment improved amid signs of political progress in Italy, while shares in Japan were boosted by better-than-expected Japanese economic data. During late Asian trade, Hong Kong’s Hang Seng Index surged 2.3%, Australia's ASX/200 Index gained 0.2%, while Japan's Nikkei 225 Index climbed 1.05%. Italy’s president appointed former European Commissioner Mario Monti on Sunday to head a new government, following the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – NZD/USD Rises On New Italy Hopes Posted: 13 Nov 2011 11:41 PM PST Forexpros – The New Zealand dollar opened higher against its U.S. counterpart on Monday, as concerns over Italy’s debt crisis eased and after better-than-expected domestic retail sales data. NZD/USD hit 0.7917 during late Asian trade, the pair’s highest since November 9; the pair subsequently consolidated at 0.7867, still up 0.18%. The pair was likely to find support at 0.7730, the low of November 10 and resistance at 0.7996, the high of November 7. The kiwi found support as market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/USD Steady As Euro Zone Uncertainty Persists Posted: 13 Nov 2011 11:32 PM PST Forexpros – The euro was steady against the U.S. dollar on Monday, amid renewed optimism that Italy will be able to make progress on resolving its financial crisis but gains were limited as uncertainty over the region's debt crisis persisted. EUR/USD hit 1.3802 during late Asian trade, the pair's highest since November 9; the pair subsequently consolidated at 1.3763, still up 0.09%. The pair was likely to find support at 1.3577, last Friday's low and resistance at 1.3858, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Bull Of The Day: Macy's, Inc. (M) Posted: 13 Nov 2011 11:02 PM PST Macy’s, Inc. (NYSE:M) has been taking prudent steps to increase sales, profitability and cash flows, which include integration of operations, consolidation of divisions and customer-centric localization initiatives. To help drive traffic, Macy s continues to focus on price optimization, inventory management and merchandise planning. |
Bear Of The Day: Tower Group, Inc. (TWGP) Posted: 13 Nov 2011 11:02 PM PST Tower Group, Inc.’s (NASDAQ:TWGP) third quarter 2011 operating loss came in substantially worse than the Zacks Consensus Estimate of a loss of $0.17, led by a huge catastrophe charge, but partly mitigated by higher revenues and a lower share count due to share buybacks. Low insurance rates in commercial property and homeowners lines of business will restrict overall premium growth going forward. |
Growth & Income Stock: Oritani Financial Corp. Posted: 13 Nov 2011 11:02 PM PST Oritani Financial Corp. (NASDAQ:ORIT) proves that some banks out there are still making loans. |
Aggressive Growth Stock: Build-A-Bear Workshop Posted: 13 Nov 2011 11:02 PM PST Think you’re too old for a teddy bear? Think again. Build-A-Bear Workshop, Inc. (NYSE:BBW) has been absolutely on fire. But, is there still time to get into this Zacks #1 Rank (Strong Buy)? |
Momentum Stock: GNC Holdings, Inc. Posted: 13 Nov 2011 11:02 PM PST GNC Holdings, Inc. (GNC) is proving that health is still in vogue, recently hitting a new all-time high after reporting a 27% earnings surprise. With estimates on the rise and a bullish growth projection, this Zacks #1 Rank stock is juiced with momentum. |
Central Bank Of Argentina Drops Dollar Reserve Requirements Posted: 13 Nov 2011 11:01 PM PST The Central Bank of Argentina cut the dollar reserve requirements to 20%, compared to previously where banks were required to keep all dollar savings not earmarked for trade finance at the central bank. The move is designed to assist financial institutions to meet their client demands, and follows a $645 million drop in deposits last week, according to Bloomberg. The Argentinian Government said [Google Translated]: the “new rule relaxes the minimum requirement of dollars … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/USD Up During The Asian Session Posted: 13 Nov 2011 10:40 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.3753, up 0.01% at time of writing. The pair was likely to find support at 1.3484, Thursday's low, and resistance at 1.3859, Wednesday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.09% to hit 0.8568 and EUR/JPY falling 0.001% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – GBP/USD Down In Asian Trade Posted: 13 Nov 2011 10:15 PM PST Forexpros – The British Pound was lower against the U.S. Dollar on Monday. GBP/USD was trading at 1.6047, down 0.11% at time of writing. The pair was likely to find support at 1.5869, Thursday's low, and resistance at 1.6120, Wednesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8566 and GBP/JPY falling 0.12% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/CHF Down In Asian Trading Hours Posted: 13 Nov 2011 09:50 PM PST Forexpros – The Euro was lower against the Swiss Franc on Monday. EUR/CHF was trading at 1.2362, down 0.11% at time of writing. The pair was likely to find support at 1.2282, Wednesday's low, and resistance at 1.2418, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.06% to hit 1.3759 and EUR/JPY rising 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
A New Risk Indicator To Sidestep Market Downturns: Is It Better Than VIX? Posted: 13 Nov 2011 09:49 PM PST By Chris Georgopoulos |
Forex – USD/CHF Up During The Asian Session Posted: 13 Nov 2011 09:20 PM PST Forexpros – The U.S. Dollar was higher against the Swiss Franc on Monday. USD/CHF was trading at 0.9004, up 0.04% at time of writing. The pair was likely to find support at 0.8924, Wednesday's low, and resistance at 0.9150, Thursday's high. Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.08% to hit 1.3762 and USD/JPY falling 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/GBP Up In Asian Trade Posted: 13 Nov 2011 09:00 PM PST Forexpros – The Euro was higher against the British Pound on Monday. EUR/GBP was trading at 0.8573, up 0.15% at time of writing. The pair was likely to find support at 0.8486, Thursday's low, and resistance at 0.8598, Wednesday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.13% to hit 1.3769 and EUR/JPY rising 0.13% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/JPY Down In Asian Trading Hours Posted: 13 Nov 2011 08:35 PM PST Forexpros – The U.S. Dollar was lower against the Japanese Yen on Monday after the release of Japanese data on GDP. USD/JPY was trading at 77.13, down 0.01% at time of writing. The pair was likely to find support at 77.05, Friday's low, and resistance at 77.89, Wednesday's high. Earlier in the day, preliminary official data showed that Japanese gross domestic product rose to a seasonally adjusted 1.5% in the last quarter from -0.5% in the preceding quarter. Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Starbucks Quenches Thirst For Health Posted: 13 Nov 2011 08:30 PM PST 11/13/11 Starbucks acquired premium juice maker Evolution Fresh for $30 million. The company plans to expand into the health and wellness … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/CAD Up During The Asian Session Posted: 13 Nov 2011 08:10 PM PST Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Monday. USD/CAD was trading at 1.0136, up 0.34% at time of writing. The pair was likely to find support at 1.0079, Wednesday's low, and resistance at 1.0266, Thursday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.16% to hit 1.3773 and GBP/USD rising 0.03% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Quote Of The Day On The Cornucopia Of Taxpayer Dollars For Renewable Energy, Aka Crony Capitalism Posted: 13 Nov 2011 07:59 PM PST "It is like building a hotel, where you know in advance you are going to have 100 percent room occupancy for 25 years," said Kevin Smith, chief executive of SolarReserve, whose Nevada solar project has secured a 25-year power-purchase agreement with the state's largest utility and a $737 million Energy Department loan guarantee and is on track to receive a $200 million Treasury grant. Source: NY Times article “A Gold Rush of Subsidies in Clean Energy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – AUD/USD Up In Asian Trade Posted: 13 Nov 2011 07:30 PM PST Forexpros – The Australian Dollar was higher against the U.S. Dollar on Monday. AUD/USD was trading at 1.0306, up 0.29% at time of writing. The pair was likely to find support at 1.0053, Thursday's low, and resistance at 1.0397, Wednesday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.13% to hit 1.3365 and AUD/JPY rising 0.32% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Interesting Fact Of The Day: As The “Saudi Arabia Of Natural Gas,” The U.S. Could Become An Exporter Posted: 13 Nov 2011 07:14 PM PST Philadelphia Inquirer — “Now, another potentially large rival market for natural gas is emerging: Exports. The Department of Energy has received five applications from companies that want to create terminals to ship liquefied natural gas (LNG) overseas. One application has been approved. The natural gas industry, which is eager to sell more fuel, says overseas markets could generate billions of dollars in export earnings, improve the nation’s balance of trade, and boost the economy in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – GBP/CHF Up In Asian Trading Hours Posted: 13 Nov 2011 07:05 PM PST Forexpros – The British Pound was higher against the Swiss Franc on Monday. GBP/CHF was trading at 1.4481, up 0.15% at time of writing. The pair was likely to find support at 1.4381, Wednesday's low, and resistance at 1.4566, Thursday's high. Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.04% to hit 1.6072 and EUR/GBP rising 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Big Farm’s Crony Capitalism And Corporate Welfare Posted: 13 Nov 2011 06:46 PM PST What do Christmas tree growers have in common with producers of beef, blueberries, cotton, milk, eggs, avocados, honey, lamb, mangoes, mushrooms, peanuts, popcorn, pork, potatoes, soybeans, and watermelons? They are all well-organized, agricultural special interest groups that have lobbied the Department of Agriculture to impose taxes or fees on their products (and raise prices to consumers) to fund the marketing and promotion of their products to the public. The Christmas … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Wall Street-Washington Incest And Insider Trading Posted: 13 Nov 2011 06:39 PM PST I have written about the incestuous nature of the relationship between those on Wall Street and their cronies in Washington for the last three years. Larry, |
Forex – EUR/USD Up During The Asian Session Posted: 13 Nov 2011 06:35 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.3763, up 0.09% at time of writing. The pair was likely to find support at 1.3484, Thursday's low, and resistance at 1.3859, Wednesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.10% to hit 0.8568 and EUR/JPY rising 0.13% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/JPY Up In Asian Trading Hours Posted: 13 Nov 2011 06:00 PM PST Forexpros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of Japanese data on GDP. USD/JPY was trading at 77.18, up 0.04% at time of writing. The pair was likely to find support at 77.05, Friday's low, and resistance at 77.89, Wednesday's high. Earlier in the day, preliminary official data showed that Japanese gross domestic product rose to a seasonally adjusted 1.5% in the last quarter from -0.5% in the preceding quarter. Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/JPY Up In Asian Trade Posted: 13 Nov 2011 05:25 PM PST Forexpros – The Euro was higher against the Japanese Yen on Monday after the release of Japanese data on GDP. EUR/JPY was trading at 106.28, up 0.20% at time of writing. The pair was likely to find support at 104.73, Thursday's low, and resistance at 107.57, Wednesday's high. Earlier in the day, preliminary official data showed that Japanese gross domestic product rose to a seasonally adjusted 1.5% in the last quarter from -0.5% in the preceding quarter. Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
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