DailyMarkets.com - Forex – EUR/GBP Higher After E.Z. Retail Sales Data

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• Forex – EUR/GBP Higher After E.Z. Retail Sales Data
• Prologis Leases In The UK
• Copper Futures Dip On China Demand Fears, EU Hopes Support
• Euro Zone Retail Sales Rise More-than-expected In October
• Forex – Dollar Lower Vs. Rivals Amid Euro Zone Debt Hopes
• Forex Trading: Eurozone Final Services PMI
• U.K. Services PMI Rises Unexpectedly In November
• EZ Sentix Investor Confidence Down More-than-expected
• Forex – USD/CHF Steady Ahead Of Franco-German Talks
• Crude Oil Futures Trade At 2-week High On Iran Supply Fears
• Euro Zone Final Services PMI Contracts For Third Month
• European Stocks Rise As Merkel, Sarkozy Meet; DAX Up 0.50%
• Forex – GBP/USD Pushes Higher As Euro Zone Hopes Lend Support
• Forex – USD/JPY Steady As Investors Eye E.Z. Debt Plans
• Gold Futures Hold Steady With EU Summit In Focus
• Forex – NZD/USD Higher On E.Z. Debt Hopes
• Forex – AUD/USD Edges Higher On Italy Austerity Plan
• Asia Stocks Broadly Higher On EU Hopes; Nikkei Up 0.6%
• Forex – EUR/USD Higher On Italy, Summit Plan Hopes
• Bear Of The Day: China Life Insurance
• Growth & Income Stock: Hormel Corporation
• Aggressive Growth Stock: ParkOhio Holdings
• Bull Of The Day: Tenet Healthcare (THC)
• Momentum Stock: Americas Car Mart
• Forex – EUR/USD Up During The Asian Session
• Kyle Bass: In Depth Interview On The European Debt Crisis
• Forex – GBP/USD Up In Asian Trade
• Party Time For Retailers
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex Trading: Usd/sgd In A Wedge With The 100 Mv Supporting It.
• Forex Trading: Usd/hkd Showing Downward Pressure.
• Forex – USD/CHF Up During The Asian Session
• Verizon Seals Deal With Cable Firms
• Forex – USD/JPY Down In Asian Trading Hours
• WSJ: Notable And Quotable
• Forex – AUD/USD Up In Asian Trade
• New Cars: Why Not Report Unit Sales AND Prices?
• Forex – EUR/USD Up During The Asian Session
• Forex – USD/JPY Down In Asian Trading Hours
• Forex – EUR/JPY Up In Asian Trade
• Forex – GBP/JPY Up In Asian Trading Hours
• Big Oil Redraws Energy Map And Heads Back Home; U.S. Is At Forefront Of Unconventionals Revolution
• Bond Market’s Inflation Prediction Falls Below 2%
• Forex – AUD/USD Up On Economic Data
• Australian CGOP Falls Less-than-expected
• Forex – NZD/USD Up During The Asian Session
• Forex – GBP/USD Up During The Asian Session
• Forex – USD/JPY Up In Asian Trade
• Forex – EUR/USD Up During The Asian Session
• Here Is The Contagion!
• You Can Always Tell A Harvard Man, But You Can’t Tell Him Much
• Forex – EUR/USD Weekly Outlook: December 5 – 9
• Natural Gas Futures – Weekly Outlook: December 5 – 9
• Forex – GBP/USD Weekly Outlook: December 5 – 9
• BPP Data Shows Inflation Trending Downward
• Grain Futures – Weekly Outlook: December 5 – 9
• Forex – USD/CAD Weekly Outlook: December 5 – 9
• Forex – NZD/USD Weekly Outlook: December 5 – 9
• Weekly ASX Update: Bradken Limited (BKN.AX)
• Weekly Index Update: E-mini S&P 500 Futures
• Daily Indices Update: Japanese 225 (JP225)
• Daily FTSE Technical Update
• Crude Oil Futures – Weekly Outlook: December 5 – 9
• Forex – AUD/USD Weekly Outlook: December 5 – 9
• Forex – USD/JPY Weekly Outlook: December 5 – 9
• Gold Futures – Weekly Outlook: December 5 – 9
• Daily Commodities Update: Corn
• Forex – USD/CHF Weekly Outlook: December 5 – 9
• Weekly Commodities Update: Silver
• Forex – Weekly Outlook: December 5 – 9
• Can The ECB And IMF Save Italy?

Forex – EUR/GBP Higher After E.Z. Retail Sales Data Posted: 05 Dec 2011 02:51 AM PST Forexpros – The euro advanced against the pound on Monday, after better-than-expected euro zone retail sales data and as market sentiment was boosted by signs of progress in tackling the debt crisis in the euro zone. EUR/GBP hit 0.8604 during late European morning trade, the daily high; the pair subsequently consolidated at 0.8500, rising 0.16%. The pair was likely to find support at 0.8557, the low of December 1 and resistance 0.8640, the high of November 21. Official data showed that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Prologis Leases In The UK Posted: 05 Dec 2011 02:35 AM PST Prologis Inc. (NYSE:PLD), a leading industrial real estate investment trust (REIT), has recently signed a lease agreement spanning 139,000 square feet of its development portfolio in the UK with Dalepak Limited, a third-party logistics service provider, for an undisclosed amount. The lessee would occupy the space at Prologis Park Pineham DC139, which is located in between Birmingham and London in Northampton. With the lease, Dalepak would presently occupy about 340,000 square feet of space in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Copper Futures Dip On China Demand Fears, EU Hopes Support Posted: 05 Dec 2011 02:25 AM PST Forexpros – Copper futures edged lower on Monday, amid ongoing concerns over a slowdown in demand from top consumer China, while fresh hopes that European leaders will increase efforts to tackle the region's debt crisis limited losses. On the Comex division of the New York Mercantile Exchange, copper futures for March delivery traded at USD3.582 a pound during European morning trade, shedding 0.28%. It earlier fell by as much as 0.58% to trade at a daily low of USD3.564 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Zone Retail Sales Rise More-than-expected In October Posted: 05 Dec 2011 02:04 AM PST Forexpros – Retail sales in the euro zone rose more-than-expected in October, official data showed on Monday. In a report, Eurostat said retail sales rose by a seasonally adjusted 0.4% in October, beating expectations for a 0.1% increase. The previous month's figure was revised to a drop of 0.6% from a previously reported 0.7% decline. Year-over-year, retail sales in the euro zone fell at an annualized rate of 0.4% in October, after dropping at a rate of 1.4% in September and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Lower Vs. Rivals Amid Euro Zone Debt Hopes Posted: 05 Dec 2011 01:53 AM PST Forexpros – The U.S. dollar was lower against its major counterparts on Monday, as new hopes for progress in tackling the debt crisis in the euro zone supported demand for riskier assets. During European morning trade, the dollar was down against the euro, with EUR/USD rising 0.40% to hit 1.3445. The single currency found support as French President Nicolas Sarkozy and German Chancellor Angela Merkel prepared to meet later in the day, in order to fine-tune proposals they plan to present at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Eurozone Final Services PMI Posted: 05 Dec 2011 01:43 AM PST E/Z Final Services PMI came in at 47.5, weaker than the 47.8 expected. Eur/Usd is off about 10 points to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.K. Services PMI Rises Unexpectedly In November Posted: 05 Dec 2011 01:43 AM PST Forexpros – Service sector activity in the U.K. improved unexpectedly in November, albeit at a modest pace industry data showed on Monday. In a report, market research group Markit said the seasonally adjusted Markit/CIPS Services Purchasing Managers Index rose by 0.8 points to 52.1 in November from 51.3 in October. Analysts had expected the index to decline by 0.8 points to 50.5 in November. On the index, a level above 50.0 indicates expansion in the industry, below 50.0 indicates … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EZ Sentix Investor Confidence Down More-than-expected Posted: 05 Dec 2011 01:35 AM PST Forexpros – Investor confidence in the euro zone for December fell more-than-expected, remaining in negative territory for the fifth consecutive month as the region's debt crisis continued to weigh on sentiment data showed on Monday. In a report, market research group, Sentix said its index of investor confidence fell by 2.8 points to minus 24.0 in December from November's reading of minus 21.2. Analysts had expected the index to ease down by 0.2 points to minus 21.4 in December. On … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Steady Ahead Of Franco-German Talks Posted: 05 Dec 2011 01:27 AM PST Forexpros – The U.S. dollar was almost unchanged against the Swiss franc on Monday, as investors eyed key talks between French and German leaders on a possible fiscal pact ahead of this week's European Union summit. USD/CHF hit 0.9233 during European morning trade, the daily high; the pair subsequently consolidated at 0.9218, easing up 0.04%. The pair was likely to find support at 0.9065, the low of November 30 and resistance at 0.9329, the high of November 25. French President Nicolas … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures Trade At 2-week High On Iran Supply Fears Posted: 05 Dec 2011 01:14 AM PST Forexpros – Crude oil futures advanced to a two-week high on Monday, boosted by fears over a disruption to Iranian supplies and fresh hopes that European policymakers will increase efforts to tackle the region's debt crisis. On the New York Mercantile Exchange, light, sweet crude futures for delivery in January traded at USD101.66 a barrel during European morning trade, gaining 0.69%. It earlier rose by as much as 0.75% to trade at USD101.72 a barrel, the highest since November 17. Crude … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Zone Final Services PMI Contracts For Third Month Posted: 05 Dec 2011 01:06 AM PST Forexpros – The euro zone’s services sector grew less than initially projected in November, contracting for the third consecutive month, data showed on Monday. In a report, the market research group, Markit said the final euro zone services business activity index fell to 47.5 in November, down from a preliminary estimate of 47.8. Analysts had expected the index to remain unchanged from a preliminary estimate of 47.8. On the index, a level above 50.0 indicates expansion in the industry, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Rise As Merkel, Sarkozy Meet; DAX Up 0.50% Posted: 05 Dec 2011 12:59 AM PST Forexpros – European stock markets rose on Monday, as market sentiment improved after Italy announced a series of new austerity measures and as French and German leaders resumed talks on a potential European fiscal union. During European morning trade, the EURO STOXX 50 jumped 1.02%, France's CAC 40 climbed 0.96%, while Germany's DAX 30 advanced 0.50%. French President Nicolas Sarkozy and German Chancellor Angela Merkel were to meet in Paris in order to fine-tune proposals they plan to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Pushes Higher As Euro Zone Hopes Lend Support Posted: 05 Dec 2011 12:46 AM PST Forexpros – The pound pushed higher against the U.S. dollar on Monday, as market sentiment firmed up after Italy unveiled measures to cut the country's deficit and amid hopes for an agreement ahead of a critical European Union summit this week. GBP/USD hit 1.5662 during European early morning trade, the daily high; the pair subsequently consolidated at 1.5652, gaining 0.34%. Cable was likely to find support at 1.5575, Friday's low and resistance at 1.5725, Friday's high. Market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Steady As Investors Eye E.Z. Debt Plans Posted: 05 Dec 2011 12:29 AM PST Forexpros – The U.S. dollar was almost unchanged against the yen on Monday, swinging between small gains and losses amid new hopes of progress in tackling the euro zone's debt crisis after Italy unveiled a series of austerity measures. USD/JPY hit 78.11 during late Asian trade, the pair's highest since November 30; the pair subsequently consolidated at 77.95, inching up 0.04%. The pair was likely to find support at 77.68, the low of December 2 and resistance at 78.27, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Hold Steady With EU Summit In Focus Posted: 05 Dec 2011 12:24 AM PST Forexpros – Gold futures held steady on Monday, fluctuating between modest gains and losses as investors continued to eye developments surrounding the euro zone's ongoing sovereign debt crisis. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,749.65 a troy ounce during early European morning trade, easing down 0.09%. The February contract traded between a range of USD1,747.25 a troy ounce, the daily low and USD1,758.75, the daily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Higher On E.Z. Debt Hopes Posted: 05 Dec 2011 12:08 AM PST Forexpros – The New Zealand dollar was higher against its U.S. counterpart on Monday, as announced plans in Italy to tackle the country's sovereign debt crisis supported demand for riskier assets. NZD/USD hit 0.7813 during late Asian trade, the daily high; the pair subsequently consolidated at 0.7789, gaining 0.20%. The pair was likely to find support at 0.7669, the low of November 15 and resistance at 0.7870, the high of November 11. The kiwi was boosted after Italy, one of the most … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Edges Higher On Italy Austerity Plan Posted: 04 Dec 2011 11:56 PM PST Forexpros – The Australian dollar edged higher against its U.S. counterpart on Monday, as market sentiment improved after Italy announced a series of new austerity measures and ahead of a key economic summit this week. AUD/USD hit 1.0258 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0239, rising 0.24%. The pair was likely to find support at 1.0112, the low of November 15 and resistance at 1.0342, the high of November 14. The Aussie found support after … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asia Stocks Broadly Higher On EU Hopes; Nikkei Up 0.6% Posted: 04 Dec 2011 11:42 PM PST Forexpros – Asian stock markets were broadly higher on Monday, as market sentiment strengthened amid hopes that European policymakers will boost efforts to tackle the region's ongoing debt crisis. During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.65%, Australia's ASX/200 Index rose 0.8%, while Japan's Nikkei 225 Index gained 0.6%. 0 Over the weekend, Italian Prime Minister Mario Monti’s cabinet outlined a EUR30 billion three-year austerity plan aimed at reducing the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Higher On Italy, Summit Plan Hopes Posted: 04 Dec 2011 11:34 PM PST Forexpros – The euro edged higher against the U.S. dollar on Monday, after Italy's prime minister unveiled measures to slash the nation's debt and sentiment was also boosted by hopes that European leaders can agree on plan to tackle the region's debt crisis at a key summit this week. EUR/USD hit 1.3440 during late Asian trade, the daily high; the pair subsequently consolidated at 1.3434, gaining 0.31%. The pair was likely to find support at 1.3362, Friday's low and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: China Life Insurance Posted: 04 Dec 2011 11:00 PM PST China Life Insurance’s (NYSE:LFC) third-quarter earnings witnessed a steep decline from the comparable period of last year. High surrenders, low premium income and increased impairment losses led to a decline in the net income, while increased unrealized losses in the investment portfolio led to reduced shareholders equity. Additionally, China Life inherently faces substantial interest rate, market and currency risk. Although the company has a strong brand name, it has to deal with considerable … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Hormel Corporation Posted: 04 Dec 2011 11:00 PM PST Hormel Foods Corporation (NYSE:HRL) is a dividend all-star. The company has paid a dividend for 84 consecutive years. This Zacks #2 Rank (buy) also expects to grow earnings in fiscal 2012 despite tough macro-economic conditions. Hormel Foods manufactures various food and meat products. The company, founded in 1891, owns well-known consumer brands such as Jennie-O, SPAM, Hormel, and Dinty Moore. Another Year, Another Dividend Through depressions, wars and assassinations, one thing has been certain: … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: ParkOhio Holdings Posted: 04 Dec 2011 11:00 PM PST Looking for late-cycle stock? ParkOhio (NASDAQ:PKOH) has been hot lately, coming off of its eighth consecutive earnings surprise. Company Description ParkOhio offers supply chain logistic services and is a manufacturer of highly engineered products. The company has 31 manufacturing sites and 47 logistics facilities. Big Surprise On Nov 2 ParkOhio reported its third-quarter results that included a 20% bump in net sales, to $244 million. There is only 1 analyst reporting to Zacks and the top line … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Tenet Healthcare (THC) Posted: 04 Dec 2011 11:00 PM PST We are upgrading our recommendation on Tenet Healthcare (NYSE:THC) to Outperform based on its strong operating performance in the recent third quarter, which surpassed the Zacks Consensus Estimate, driven by strong results in all lines of the business, especially the robust performance in outpatient volumes and higher admissions. New debt financing has improved Tenet’s maturity profile and is also likely to reduce the company’s future interest payments significantly. Moreover, we believe that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Americas Car Mart Posted: 04 Dec 2011 11:00 PM PST Americas Car Mart (CRMT) just surged into a new all-time high after reporting another strong quarter that included a 12% earnings surprise. With estimates on the rise and a bullish growth projection, this Zacks #1 Rank stock has plenty of momentum. Company Description Americas Car Mart, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company specializes in used cars and is a small cap valued at $324 million. CRMT posted big gains in October with the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 04 Dec 2011 10:40 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.3419, up 0.20% at time of writing. The pair was likely to find support at 1.3260, Wednesday's low, and resistance at 1.3550, Friday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8592 and EUR/JPY rising 0.19% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kyle Bass: In Depth Interview On The European Debt Crisis Posted: 04 Dec 2011 10:31 PM PST Kyle Bass of Hayman Capital Management is known for successfully betting against the housing bubble, and was featured in the book Boomerang by Michael Lewis.  He also has done substantial, thought-provoking work on the sovereign debt crisis facing Europe.  In this video Bass covers the potential timing, order, and magnitude of sovereign debt defaults in Europe.  He also discusses his view on the housing market, Japan sovereign debt problems, and the U.S. dollar among other … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 04 Dec 2011 10:15 PM PST Forexpros – The British Pound was higher against the U.S. Dollar on Monday. GBP/USD was trading at 1.5602, up 0.04% at time of writing. The pair was likely to find support at 1.5527, Wednesday's low, and resistance at 1.5780, Wednesday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8593 and GBP/JPY rising 0.02% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Party Time For Retailers Posted: 04 Dec 2011 09:55 PM PST The Thanksgiving weekend brought record sales for retailers who went on to post better-than-expected November comparable-store sales and are now padding up for the holiday season. Does this indicate that the retail party has just begun? Early hours store openings, huge discounts, promotional activities and free shipping on online purchases were enough to lure customers on Black Friday that turned out to be a bonanza for both brick-and-mortar as well as e-commerce retailers. The data released by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 04 Dec 2011 09:50 PM PST Forexpros – The Euro was higher against the Swiss Franc on Monday. EUR/CHF was trading at 1.2365, up 0.22% at time of writing. The pair was likely to find support at 1.2226, Wednesday's low, and resistance at 1.2375, today's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.09% to hit 1.3404 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd In A Wedge With The 100 Mv Supporting It. Posted: 04 Dec 2011 09:40 PM PST usd/sgd is forming a wedge, while the 100 moving average is supporting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Showing Downward Pressure. Posted: 04 Dec 2011 09:40 PM PST usd/hkd showing downward pressure after testing the 38.2 then 23.6 for the second time not having enough momentum to break higher then the first retracement, signaling that there is a lot of downward pressure for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Up During The Asian Session Posted: 04 Dec 2011 09:20 PM PST Forexpros – The U.S. Dollar was higher against the Swiss Franc on Monday. USD/CHF was trading at 0.9228, up 0.15% at time of writing. The pair was likely to find support at 0.9066, Wednesday's low, and resistance at 0.9252, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.10% to hit 1.3405 and USD/JPY falling 0.03% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Verizon Seals Deal With Cable Firms Posted: 04 Dec 2011 09:00 PM PST 12/05/11 Verizon Wireless will buy spectrum from Comcast, Time Warner and Bright House Networks in a $3.6 billion … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down In Asian Trading Hours Posted: 04 Dec 2011 08:55 PM PST Forexpros – The U.S. Dollar was lower against the Japanese Yen on Monday. USD/JPY was trading at 77.98, down 0.01% at time of writing. The pair was likely to find support at 77.30, Wednesday's low, and resistance at 78.16, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.09% to hit 1.3404 and GBP/USD rising 0.02% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

WSJ: Notable And Quotable Posted: 04 Dec 2011 08:48 PM PST WSJ Notable and Quotable: Economist Mark J. Perry on China’s exchange rate and American prosperity at American.com, Dec. 2: “Let me break from [the] consensus about China’s currency policy and present an alternative position: In the best of all possible worlds for the United States, China would use its labor and capital to manufacture consumer products like clothing, footwear, furniture, electronics, and appliances and send $300 billion worth of these products to U.S. consumers for free every … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Up In Asian Trade Posted: 04 Dec 2011 08:00 PM PST Forexpros – The Australian Dollar was higher against the U.S. Dollar on Monday after the release of Australian data on Company Gross Operating Profits. AUD/USD was trading at 1.0231, up 0.17% at time of writing. The pair was likely to find support at 0.9944, Wednesday's low, and resistance at 1.0329, Wednesday's high. Earlier in the day, official data showed that Gross operating profits of Australian companies fell less-than-expected to a seasonally adjusted 4.8% in the last quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Cars: Why Not Report Unit Sales AND Prices? Posted: 04 Dec 2011 07:45 PM PST Manufacturer Nov. 2011 Transaction Price Nov. 2010 Transaction Price Percent Change Chrysler $29,128 $28,436 2.40% Ford $32,174 $30,027 7.20% GM $33,189 $32,551 2.00% Honda $26,730 $25,421 5.20% Hyundai/Kia $21,384 $19,408 10.20% Nissan $27,613 $26,784 3.10% Toyota $27,692 $26,311 5.20% Industry Average $30,317 $29,154 4.00% Last week Autodata reported 994,721 total light vehicle sales for November, which was a 13.9% annual increase from November last year (873,323 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 04 Dec 2011 07:35 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.3415, up 0.17% at time of writing. The pair was likely to find support at 1.3260, Wednesday's low, and resistance at 1.3550, Friday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.10% to hit 0.8594 and EUR/JPY rising 0.12% 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: 04 Dec 2011 06:45 PM PST Forexpros – The U.S. Dollar was lower against the Japanese Yen on Monday. USD/JPY was trading at 77.97, down 0.03% at time of writing. The pair was likely to find support at 77.30, Wednesday's low, and resistance at 78.16, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.19% to hit 1.3417 and GBP/USD rising 0.11% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Up In Asian Trade Posted: 04 Dec 2011 06:00 PM PST Forexpros – The Euro was higher against the Japanese Yen on Monday. EUR/JPY was trading at 104.60, up 0.16% at time of writing. The pair was likely to find support at 103.34, Wednesday's low, and resistance at 105.70, Friday's high. Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.17% to hit 1.3415 and EUR/GBP rising 0.10% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Up In Asian Trading Hours Posted: 04 Dec 2011 05:25 PM PST Forexpros – The British Pound was higher against the Japanese Yen on Monday. GBP/JPY was trading at 121.68, up 0.03% at time of writing. The pair was likely to find support at 121.05, Wednesday's low, and resistance at 122.66, Friday's high. Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.02% to hit 1.5599 and EUR/GBP rising 0.13% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Big Oil Redraws Energy Map And Heads Back Home; U.S. Is At Forefront Of Unconventionals Revolution Posted: 04 Dec 2011 05:12 PM PST In Monday’s WSJ, Guy Chazan explains why energy companies are shifting their focus away from the Middle East and toward the West, and how this will have profound implications for the companies, global politics and consumers, here’s an excerpt: “Big Oil is redrawing the energy map.  For decades, its main stomping grounds were in the developing world—exotic locales like the Persian Gulf and the desert sands of North Africa, the Niger Delta and the Caspian Sea. But in recent years, that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bond Market’s Inflation Prediction Falls Below 2% Posted: 04 Dec 2011 04:54 PM PST The chart above shows the bond market’s inflation prediction since the beginning of the year, calculated as the weekly difference between the 10-year regular, nominal Treasury yield (data here) and the 10-year Treasury inflation-indexed yield (a measure of the real interest rate, data here), both on a constant maturity basis.  From a yearly high of 2.62% in mid-April, the proxy for bond investors’ inflation outlook has been trending downward, and reached a year-to-date low of 1.82% in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Up On Economic Data Posted: 04 Dec 2011 04:50 PM PST Forexpros – The Australian Dollar was higher against the U.S. Dollar on Monday after the release of Australian data on Company Gross Operating Profits. AUD/USD was trading at 1.0234, up 0.20% at time of writing. The pair was likely to find support at 0.9944, Wednesday's low, and resistance at 1.0329, Wednesday's high. Earlier in the day, official data showed that Gross operating profits of Australian companies fell less-than-expected to a seasonally adjusted 4.8% in the last quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Australian CGOP Falls Less-than-expected Posted: 04 Dec 2011 04:45 PM PST Forexpros – Gross operating profits of Australian companies fell less-than-expected in the last quarter, official data showed on Monday. In a report, Australian Bureau of Statistics said that Australian CGOP fell to a seasonally adjusted 4.8%, from 6.7% in the preceding quarter. Analysts had expected Australian CGOP to fall to 3.0% in the last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Up During The Asian Session Posted: 04 Dec 2011 04:00 PM PST Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Monday. NZD/USD was trading at 0.7801, up 0.36% at time of writing. The pair was likely to find support at 0.7577, Wednesday's low, and resistance at 0.7839, Friday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.13% to hit 1.3124 and EUR/NZD falling 0.18% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up During The Asian Session Posted: 04 Dec 2011 03:30 PM PST Forexpros – The British Pound was higher against the U.S. Dollar on Sunday. GBP/USD was trading at 1.5611, up 0.09% at time of writing. The pair was likely to find support at 1.5470, Tuesday's low, and resistance at 1.5780, Wednesday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.17% to hit 0.8600 and GBP/JPY rising 0.16% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up In Asian Trade Posted: 04 Dec 2011 03:00 PM PST Forexpros – The U.S. Dollar was higher against the Japanese Yen on Sunday. USD/JPY was trading at 78.07, up 0.10% at time of writing. The pair was likely to find support at 77.30, Wednesday's low, and resistance at 78.28, Tuesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.13% to hit 1.3409 and GBP/USD rising 0.04% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 04 Dec 2011 02:25 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Sunday. EUR/USD was trading at 1.3422, up 0.23% at time of writing. The pair was likely to find support at 1.3260, Wednesday's low, and resistance at 1.3550, Friday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8602 and EUR/JPY rising 0.24% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Here Is The Contagion! Posted: 04 Dec 2011 10:01 AM PST Despite the liquidity surge engineered by global central banks last week, the problems in the eurozone haven’t gone away. In fact, last week the Economist article entitled “Contagion? What contagion? American banks have been strangely immune to Europe's crisis” rhetorically asked if American banks are insulated from the crisis in Europe: America's banks are reasonably healthy. They have significantly bolstered capital since 2008 and now boast core capital of 9% of assets, well above … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

You Can Always Tell A Harvard Man, But You Can’t Tell Him Much Posted: 04 Dec 2011 08:09 AM PST Greg Mankiw, the Harvard professor who was recently walked out on by several students in his undergraduate economics class, wrote about it in today's (4 December 2011) New York Times. In his words, "On Nov.2, a group of students staged a walkout of one of my lectures. In an open letter to me, the organizers said the action was meant 'to join a Boston-wide march protesting the corporatization of higher education as part of the global Occupy movement.' They said that 'the biased nature … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 07:40 AM PST Forexpros – The euro fell against the U.S. dollar on Friday, paring some of the week's gains as fears over the financial crisis in the single currency bloc ahead of next week's key economic summit dampened risk appetite. EUR/USD hit 1.3549 on Friday, the pair's highest since November 22; the pair subsequently consolidated at 1.3391 by close of trade on Friday, gaining 0.51% over the week. The pair is likely to find support at 1.3258, Wednesday's low and resistance at 1.3568, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Futures – Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 07:38 AM PST Forexpros – Natural gas futures declined on Friday, surrendering nearly all the previous day's gains as optimism over the first supply withdrawal of the heating season ebbed, with investors shifting their focus to mild weather that was expected to limit heating demand. On the New York Mercantile Exchange, natural gas futures for delivery in January settled at USD3.583 per million British thermal units by close of trade on Friday, dropping 1.83% over the week. Natural gas prices rallied … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 07:13 AM PST Forexpros – The pound fell to a two-day low against the U.S. dollar on Friday, paring some of the week's gains as market sentiment weakened amid renewed concerns over the handling of the debt crisis in the euro zone. GBP/USD hit 1.5779 on Wednesday, the pair's highest since November 21; the pair subsequently consolidated at 1.5594 by close of trade on Friday, rising 0.70% over the week. Cable is likely to find support at 1.5468, the low of November 29 and resistance at 1.5797, the high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BPP Data Shows Inflation Trending Downward Posted: 04 Dec 2011 06:38 AM PST The chart above shows monthly inflation rate from the Billion Prices Project @ MIT over the period from the first of the year through October 31.  According to the BPP website, the index is “designed to provide real-time information on major inflation trends, not to forecast official inflation announcements. We are constantly adding new categories of goods, but we do not cover 100% of CPI goods and services. The price of services, in particular, are not easy to find online and therefore … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Grain Futures – Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 05:58 AM PST Forexpros – U.S. corn and soybean prices declined on Friday, paring weekly gains as concerns over a slowdown in demand for U.S. supplies drove prices lower, while wheat futures rallied to a two-week high after stronger-than-expected U.S. export sales data. On the Chicago Mercantile Exchange, corn futures for March delivery traded at USD5.9538 per bushel by close of trade on Friday, gaining 1.21% over the week. Earlier in the day, prices fell to as low as USD5.9388 a bushel, the lowest since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 04:31 AM PST Forexpros – The U.S. dollar tumbled to a three-week low against its Canadian counterpart on Friday, before trimming some of the week's losses amid fears over the euro zone's debt crisis ahead of a key economic summit next week. CAD/USD hit 1.0079 on Friday, the pair's lowest since November 14; the pair subsequently consolidated at 1.0191 by close of trade on Friday, plummeting 2.42% over the week. The pair is likely to find support at 1.0020, the low of October 24 and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 04:04 AM PST Forexpros – The New Zealand dollar rallied to a three-week high against its U.S. counterpart on Friday, before paring some of the week's gains as sustained concerns over the debt crisis in the euro zone weighed on market sentiment. NZD/USD hit 0.7838 on Friday, the pair's highest since November 14; the pair subsequently consolidated at 0.7768 by close of trade on Friday, surging 2.46% over the week. The pair is likely to find support at 0.7669, the low of November 15 and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly ASX Update: Bradken Limited (BKN.AX) Posted: 04 Dec 2011 04:02 AM PST By ForexMansion.com by, James A. Hyerczyk Bradken Limited (BRN.AX) showed some strength late last week when it broke out over the downtrending resistance line of a flag chart pattern on the 1440-minute chart. The move is impressive because the size of the candlestick indicates there may have been some buying power behind the breakout. The overall quality rating for this chart pattern is a powerful 8-bars. The initial trend rating is the maximum 10-bars. This means that the rally leading up to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly Index Update: E-mini S&P 500 Futures Posted: 04 Dec 2011 04:02 AM PST By ForexMansion.com by, James A. Hyerczyk The E-mini S&P 500 futures contract formed a bottom at 1147.50, completing the uptrending support line of a triangle chart pattern on the 1440-minute chart. This action led to a spectacular rally which reached a top at 1262.75. This completed the resistance line of an emerging pattern. Autochartist indicates the contract may straddle the extended resistance line. A case can be built, however, for a possible retracement of the entire rally. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Indices Update: Japanese 225 (JP225) Posted: 04 Dec 2011 04:02 AM PST By ForexMansion.com by, James A. Hyerczyk After forming a 3-candlestick short-term range, the support line of a rising wedge chart pattern on the 60-minute chart finally succumbed to selling pressure, triggering a break down and the start of a potential move into the Autochartist forecast price zone at 8573.38 to 8463.31. The overall chart pattern quality is 6-bars. The initial trend which measures the strength of the trend prior to the chart pattern's formation is a weak 3-bars. The initial … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily FTSE Technical Update Posted: 04 Dec 2011 04:02 AM PST By ForexMansion.com By, James A. Hyerczyk The poor performance by the FTSE 100 the last two sessions following the spectacular mid-week rally was a clear indication that strong buyers failed to emerge during this seemingly weak attempt to finish the year on a high note. Friday's closing price reversal top is another sign that this index still has some work to do on the downside. Despite the powerful rally last Wednesday, the FTSE never changed the main trend to up on the daily chart. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures – Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 03:38 AM PST Forexpros – Crude oil futures advanced on Friday, settling close to a two-week high as better-than-expected U.S. employment data and mounting fears over a disruption to supplies from Iran overshadowed concerns over the ongoing debt crisis in the euro zone. On the New York Mercantile Exchange, light sweet crude futures for delivery in January traded at USD101.11 a barrel by close of trade on Friday, jumping 3.43% over the week. The U.S. Department of Labor said Friday that the unemployment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 03:19 AM PST Forexpros – The Australian dollar slipped against its U.S. counterpart on Friday, trimming some of the week's gains as renewed concerns over the debt crisis in the euro zone dampened demand for riskier assets. AUD/USD hit 1.0330 on Wednesday, the pair's highest since November 14; the pair subsequently consolidated at 1.0212 by close of trade on Friday, jumping 3.86% over the week. The pair is likely to find support at 1.0059, the low of November 16 and resistance at 1.0397, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 03:04 AM PST Forexpros – The U.S. dollar ended the week slightly higher against the yen on Friday, after better-than-expected U.S. employment data and following comments by Japanese Finance Minister Jun Azumi. USD/JPY hit 77.28 on Wednesday, the pair's lowest since November 25; the pair subsequently consolidated at 77.95 by close of trade on Friday, easing up 0.5%. The pair is likely to find support at 77.28, Wednesday's low and resistance at 78.23, the high of November 28 and a three-week … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures – Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 02:56 AM PST Forexpros – Gold futures were largely unchanged on Friday, as initial optimism over better-than-expected U.S. unemployment data ebbed with investors shifting their focus to the euro zone's ongoing sovereign debt woes ahead of next week's European Union economic summit. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery settled at USD1,750.35 a troy ounce by close of trade on Friday, jumping 3.57% over the week, the biggest weekly advance since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: Corn Posted: 04 Dec 2011 02:31 AM PST By ForexMansion.com By Jonah S. Ford Corn futures continue to bounce along key level support at the price of $5.87 per bushel. This has become a pivot point for the futures, and is identified by the Autochartist Key Level indicator showing the multiple consecutive tests preceding Friday's closing price at this level. The series of bounces from this key level support show a fairly steady distribution of momentum buying and profit-taking retracements. As the breakout rallies gradually tested … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 02:18 AM PST Forexpros – The U.S. dollar rose to a two-day high against the Swiss franc on Friday, paring some of the week's losses as concerns over the debt crisis in the euro zone ahead of next week's European Union economic summit supported safe haven demand. USD/CHF hit 0.9065 on Wednesday, the pair's lowest since November 14; the pair subsequently consolidated at 0.9210 by close of trade on Friday, shedding 0.70% over the week. The pair is likely to find support at 0.9017, the low of November … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly Commodities Update: Silver Posted: 04 Dec 2011 02:02 AM PST By ForexMansion.com By Jonah S. Ford Silver futures benefitted from last week's rally in the precious metals sector, pushing above $33.00 per ounce briefly after breaching key level resistance. The Autochartist Key Level indicator has identified the $32.60 per ounce price as the key short term level for the market to hold if the upside momentum is to continue into next week. On a longer term timeframe, silver's rise above the key level resistance at $32.60 per ounce completed a successful … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Weekly Outlook: December 5 – 9 Posted: 04 Dec 2011 01:35 AM PST Forexpros – The euro was down against the U.S. dollar on Friday, paring some of the week's gains as ongoing fears over the financial crisis in the single currency bloc overshadowed stronger-than-expected U.S. employment data. The euro initially rose to an eight-day high after official data showed that the U.S. unemployment rate dropped unexpectedly to a two-and-a-half year low of 8.6% in November, as the U.S. economy created 120,000 new jobs. The euro was also supported by speculation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Can The ECB And IMF Save Italy? Posted: 02 Dec 2011 06:42 AM PST The markets have been reacting this morning to the news of a joint ECB and IMF plan to save the eurozone. According to Bloomberg: A European proposal to channel central bank loans through the International Monetary Fund may deliver as much as 200 billion euros ($270 billion) to fight the debt crisis, two people familiar with the negotiations said. Here’s how the plan would work: Under the proposal, national central banks would recycle funds through the IMF, potentially to underwrite … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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