DailyMarkets.com - Forex Trading: Eurozone Revised GDP Q/q As Expected At 0.2%
DailyMarkets.com - Forex Trading: Eurozone Revised GDP Q/q As Expected At 0.2% |
- Forex Trading: Eurozone Revised GDP Q/q As Expected At 0.2%
- Copper Futures Tumble After S&P Warns Europe
- Euro Zone GDP Rises In Line With Expectations In Q3
- Forex – USD/CHF Hits 6-day High On E.Z. Concerns
- Forex – Dollar Higher Vs. Rivals As E.Z. Worries Persist
- European Stocks Lower On S&P Warning; DAX Down 0.80%
- Crude Oil Slumps On S&P Downgrade Threat, Iran Fears Support
- Forex – GBP/USD Lower As S&P Warns E.Z. Nations
- Gold Futures Fall To 4-day Low As Dollar, S&P Warning Weigh
- Forex – USD/JPY Edges Lower On S&P Threat
- Swiss CPI Declines Unexpectedly In November
- Forex – NZD/USD Lower After S&P Downgrade Warning
- Halifax U.K. HPI Declines More-than-expected
- Forex – AUD/USD Hits 3-day Low As Market Sentiment Wanes
- Asia Stocks Tumble On S&P Warnings; Nikkei Drops 1.4%
- Forex – EUR/USD Weakens After S&P Mass Downgrade Warning
- Reserve Bank Of Australia Cuts Benchmark Interest Rate
- Bear Of The Day: HSBC Holdings Plc
- Growth & Income Stock: Starbucks Corporation
- Aggressive Growth Stock: FEI Company
- Momentum Stock: Stamps.com, Inc.
- Bull Of The Day: Hibbett Sporting Goods (HIBB)
- Forex – EUR/USD Down During The Asian Session
- Reserve Bank Of Australia Cuts Rate 25bps To 4.25%
- Forex – GBP/USD Down In Asian Trade
- Forex – USD/JPY Down During Asian Trade
- Forex – USD/CHF Up During Asian Trade
- Forex – EUR/GBP Down During The Asian Session
- Let’s Legalize It: Bone Marrow And Kidneys
- Forex – USD/CAD Up In Asian Trading Hours
- Forex – AUD/USD Down During Asian Trade
- Forex – EUR/USD Down During The Asian Session
- Forex – EUR/JPY Down During Asian Trade
- Exports And Imports Are Flip Sides Of Same Coin
- The Tide Is Turning For CRE
- Forex – GBP/JPY Down During The Asian Session
- Milton Friedman: Why Drugs Should Be Legalized
- An Upside-down Perspective
Forex Trading: Eurozone Revised GDP Q/q As Expected At 0.2% Posted: 06 Dec 2011 02:32 AM PST Eur/Usd currently trades at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Copper Futures Tumble After S&P Warns Europe Posted: 06 Dec 2011 02:13 AM PST Forexpros – Copper futures tumbled to a three-day low on Tuesday, as market sentiment was dented after ratings agency Standard & Poor's warned it may downgrade the ratings of 15 euro zone countries, included AAA-rated Germany and France. On the Comex division of the New York Mercantile Exchange, copper futures for March delivery traded at USD3.551 a pound during European morning trade, tumbling 1.8%. It earlier fell by as much as 2.15% to trade at USD3.525 a pound, the lowest since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Euro Zone GDP Rises In Line With Expectations In Q3 Posted: 06 Dec 2011 02:06 AM PST Forexpros – The euro zone's economy expanded in line with expectations in the third quarter, unchanged from an initial estimate, revised data showed on Tuesday. In a report, Eurostat said that the euro zone's gross domestic product increased by a seasonally adjusted 0.2% in the three months to September, in line with expectations and unchanged from a preliminary estimate. Annualized GDP rose at a rate of 1.4%, also in line with expectations and unrevised from an initial … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/CHF Hits 6-day High On E.Z. Concerns Posted: 06 Dec 2011 01:56 AM PST Forexpros – The U.S. dollar rose to a six-day high against the Swiss franc on Tuesday, as Standard & Poor's downgrade warning on 15 euro zone countries supported demand for the safe haven greenback. USD/CHF hit 0.9296 during European morning trade, the pair's highest since November 28; the pair subsequently consolidated at 0.9266, rising 0.65%. The pair was likely to find support at 0.9109, the low of December 2 and short term resistance at 0.9329, the high of November 25 and an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – Dollar Higher Vs. Rivals As E.Z. Worries Persist Posted: 06 Dec 2011 01:38 AM PST Forexpros – The U.S. dollar was higher against its major counterparts on Tuesday, as S&P's downgrade warning on 15 euro zone nations added to concerns over the handling of the region's debt crisis. During European morning trade, the dollar was up against the euro, with EUR/USD declining 0.28% to hit 1.3364. S&P said it may carry out a mass credit downgrade of euro zone countries if their leaders fail to move decisively on solving the region’s debt woes at Friday's key European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
European Stocks Lower On S&P Warning; DAX Down 0.80% Posted: 06 Dec 2011 01:21 AM PST Forexpros – European stock markets edged lower on Tuesday, as investor confidence weakened after Standard & Poor's put 15 euro zone countries on watch for downgrades. During European morning trade, the EURO STOXX 50 fell 0.33%, France's CAC 40 declined 0.23%, while Germany's DAX 30 lost 0.80%. S&P said it may carry out a mass credit downgrade of euro zone countries if their leaders fail to move decisively on solving the region’s debt woes at Friday's key economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Crude Oil Slumps On S&P Downgrade Threat, Iran Fears Support Posted: 06 Dec 2011 12:59 AM PST Forexpros – Crude oil futures declined on Tuesday, after ratings agency Standard & Poor's put 15 euro zone countries on watch for downgrades, while ongoing concerns over a disruption to supplies from Iran limited losses. On the New York Mercantile Exchange, light, sweet crude futures for delivery in January traded at USD100.75 a barrel during European morning trade, shedding 0.25%. It earlier fell by as much as 0.55% to trade at a daily low of USD100.38 a barrel. In a statement … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – GBP/USD Lower As S&P Warns E.Z. Nations Posted: 06 Dec 2011 12:48 AM PST Forexpros – The pound was lower against the U.S. dollar on Tuesday, tracking the euro's losses after Standard & Poor's threatened to downgrade 15 euro zone countries if no progress was made on the region's debt crisis. GBP/USD hit 1.5592 during European morning trade, the daily low; the pair subsequently consolidated at 1.5631, falling 0.12%. The pair was likely to find support at 1.5525, the low of November 30 and resistance at 1.5691, the high of November 22. S&P said it … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Gold Futures Fall To 4-day Low As Dollar, S&P Warning Weigh Posted: 06 Dec 2011 12:32 AM PST Forexpros – Gold futures were down for a second day on Tuesday, slumping to a four-day low as investors turned to the relative safety of the U.S. dollar after ratings agency Standard & Poor's put 15 euro zone countries on watch for downgrades. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,725.65 a troy ounce during early European morning trade, dropping 0.54%. It earlier fell by as much as 0.95% to trade at USD1,712.55 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/JPY Edges Lower On S&P Threat Posted: 06 Dec 2011 12:23 AM PST Forexpros – The U.S. dollar edged lower against the yen on Tuesday, as safe haven demand strengthened after Standard & Poor's threatened to downgrade 15 euro zone countries if no progress was made on the region's debt crisis. USD/JPY hit 77.68 during late Asian trade, the pair's lowest since December 1; the pair subsequently consolidated at 77.76, edging down 0.07%. The pair was likely to find support at 77.47, the low of December 1 and resistance at 78.09, the high of December … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Swiss CPI Declines Unexpectedly In November Posted: 06 Dec 2011 12:23 AM PST Forexpros – Consumer price inflation in Switzerland declined unexpectedly in November, easing for the second consecutive month, official data showed on Tuesday. In a report, the Swiss Federal Statistics Office said consumer price inflation dipped by 0.2% in November, after easing by 0.1% in October. Analysts had expected Swiss consumer prices to rise by 0.1% in November. Year-over-year, Swiss consumer prices fell at an annualized rate of 0.5% in November, after declining at a rate of 0.1% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – NZD/USD Lower After S&P Downgrade Warning Posted: 06 Dec 2011 12:10 AM PST Forexpros – The New Zealand dollar was sharply lower against its U.S. counterpart on Tuesday, as risk sentiment weakened after ratings agency Standard & Poor's put 15 euro zone countries on watch for downgrades. NZD/USD hit 0.7740 during late Asian trade, the pair's lowest since December 1; the pair subsequently consolidated at 0.7742, dropping 0.80%. The pair was likely to find support 0.7669, the low of November 15 and resistance at 0.7870, the high of November 11. The kiwi came … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Halifax U.K. HPI Declines More-than-expected Posted: 06 Dec 2011 12:09 AM PST Forexpros – House prices in the U.K. declined more-than-expected in November, industry data showed on Tuesday. In a report, the Halifax Bank of Scotland said its House Price Index fell by 0.9% in November, disappointing expectations for a decline of 0.1%, after jumping by 1.2% in October, continuing the very mixed monthly pattern seen this year The report showed that U.K. house prices fell at an annualized rate of 1.0% last month from a year earlier, while prices in the three months to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – AUD/USD Hits 3-day Low As Market Sentiment Wanes Posted: 06 Dec 2011 12:00 AM PST Forexpros – The Australian dollar tumbled to a three-day low against its U.S. counterpart on Tuesday, after Standard & Poor's put 15 euro zone countries on watch for downgrades and as the Reserve Bank of Australia cut its benchmark interest rate. AUD/USD hit 1.0165 during late Asian trade, the pair's lowest since November 30; the pair subsequently consolidated at 1.0173, declining 0.96%. The pair was likely to find support at 1.0059, the low of November 16 and resistance at 1.0330, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Asia Stocks Tumble On S&P Warnings; Nikkei Drops 1.4% Posted: 05 Dec 2011 11:47 PM PST Forexpros – Asian stock markets were sharply lower on Tuesday, as appetite for riskier assets was weighed after ratings agency Standard & Poor's warned that it may downgrade the credit ratings of the euro zone's top-rated countries. During late Asian trade, Hong Kong’s Hang Seng Index tumbled 1.6%, Australia's S&P/ASX200 sank 1.5%, while Japan's Nikkei 225 Index dropped 1.4%. In a statement released late Monday, S&P said that it placed the sovereign ratings of 15 euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/USD Weakens After S&P Mass Downgrade Warning Posted: 05 Dec 2011 11:33 PM PST Forexpros – The euro fell against the U.S. dollar on Tuesday, after Standard & Poor's warned that it may carry out a mass downgrade on the ratings of euro zone countries if European leaders fail to agree on measures to resolve the region's debt crisis at a summit on Friday. EUR/USD hit 1.3336 during late Asian trade, the pair's lowest since November 30; the pair subsequently consolidated at 1.3343, shedding 0.43%. The pair was likely to find support at 1.3258, the low of November … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Reserve Bank Of Australia Cuts Benchmark Interest Rate Posted: 05 Dec 2011 11:23 PM PST Forexpros – The Reserve Bank of Australia cut its benchmark interest rate for the second consecutive month in December, citing fears over the euro zone's sovereign debt crisis and its impact on the global economy, it announced on Tuesday. In a statement, the RBA said it was lowering its benchmark interest rate to 4.25% from 4.50%, in line with market expectations. The central bank lowered rates to 4.50% from 4.75% in the preceding month, the first back-to-back easing since February … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Bear Of The Day: HSBC Holdings Plc Posted: 05 Dec 2011 11:00 PM PST We are initiating our coverage on HSBC Holdings plc (NYSE:HBC) with an Underperform recommendation. Our primary concern is the harsh impact from the deepening Eurozone crisis. Moreover, the company is suffering from weak revenue growth in its mature markets due to the ongoing low interest rates and regulatory restrictions. |
Growth & Income Stock: Starbucks Corporation Posted: 05 Dec 2011 11:00 PM PST The price of coffee continues to soar, but that hasn’t stopped Starbucks Corporation (NASDAQ:SBUX) from delivering excellent financial results. The company recently reported solid fourth quarter results for fiscal year 2011 driven by strong same-store sales growth both domestically and abroad. |
Aggressive Growth Stock: FEI Company Posted: 05 Dec 2011 11:00 PM PST After announcing record profit levels, FEI Company (NASDAQ:FEIC) analysts have become even more bullish on the stock. Shares are pressuring highs and showing great growth rates, but still trade with good valuations. |
Momentum Stock: Stamps.com, Inc. Posted: 05 Dec 2011 11:00 PM PST Stamps.com, Inc. (STMP) has seen big gains over the last few months, recently hitting a new all-time high after reporting another strong quarter. With estimates on the rise and a bullish growth projection, this Zacks #1 Rank stock will deliver momentum to your portfolio. |
Bull Of The Day: Hibbett Sporting Goods (HIBB) Posted: 05 Dec 2011 11:00 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. |
Forex – EUR/USD Down During The Asian Session Posted: 05 Dec 2011 10:45 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3382, down 0.15% at time of writing. The pair was likely to find support at 1.3362, today's low, and resistance at 1.3550, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.04% to hit 0.8561 and EUR/JPY falling 0.21% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Reserve Bank Of Australia Cuts Rate 25bps To 4.25% Posted: 05 Dec 2011 10:40 PM PST The Reserve Bank of Australia (RBA) cut the cash rate by 25 basis points to 4.25% from 4.50% previously. The RBA said: “Overall, the Board concluded, on the basis of all the available information, that the inflation outlook afforded scope for a modest reduction in the cash rate. The Board will continue to set policy as needed to foster sustainable growth and low inflation over time.” The Bank cited the risks of slowing growth in China, and sovereign credit and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – GBP/USD Down In Asian Trade Posted: 05 Dec 2011 10:10 PM PST Forexpros – The British Pound was lower against the U.S. Dollar on Tuesday. GBP/USD was trading at 1.5629, down 0.14% at time of writing. The pair was likely to find support at 1.5577, Friday's low, and resistance at 1.5756, Thursday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8555 and GBP/JPY falling 0.28% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/JPY Down During Asian Trade Posted: 05 Dec 2011 09:35 PM PST Forexpros – The U.S. Dollar was lower against the Japanese Yen on Tuesday. USD/JPY was trading at 77.78, down 0.05% at time of writing. The pair was likely to find support at 77.49, Thursday's low, and resistance at 78.11, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.24% to hit 1.3370 and GBP/USD falling 0.17% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/CHF Up During Asian Trade Posted: 05 Dec 2011 09:35 PM PST Forexpros – The U.S. Dollar was higher against the Swiss Franc on Tuesday. USD/CHF was trading at 0.9238, up 0.34% at time of writing. The pair was likely to find support at 0.9072, Thursday's low, and resistance at 0.9242, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.24% to hit 1.3370 and USD/JPY falling 0.05% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/GBP Down During The Asian Session Posted: 05 Dec 2011 09:00 PM PST Forexpros – The Euro was lower against the British Pound on Tuesday. EUR/GBP was trading at 0.8560, down 0.05% at time of writing. The pair was likely to find support at 0.8552, today's low, and resistance at 0.8618, Friday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.22% to hit 1.3372 and EUR/JPY falling 0.27% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Let’s Legalize It: Bone Marrow And Kidneys Posted: 05 Dec 2011 08:28 PM PST 1. Bone Marrow – “The U.S. Court of Appeals for the Ninth Circuit ruled that the majority of bone-marrow donors may lawfully be compensated. In a unanimous ruling, the court rejected the position of the U.S. Department of Justice that obtaining bone-marrow stem cells through a needle in a donor’s arm—in much the same way that blood plasma and platelets are collected—violates the ban on paying for organs established by the 1984 National Organ Transplant Act (NOTA). “The ruling could … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/CAD Up In Asian Trading Hours Posted: 05 Dec 2011 08:10 PM PST Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday. USD/CAD was trading at 1.0195, up 0.31% at time of writing. The pair was likely to find support at 1.0080, Friday's low, and resistance at 1.0223, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.20% to hit 1.3375 and GBP/USD falling 0.16% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – AUD/USD Down During Asian Trade Posted: 05 Dec 2011 07:40 PM PST Forexpros – The Australian Dollar was lower against the U.S. Dollar on Tuesday. AUD/USD was trading at 1.0190, down 0.80% at time of writing. The pair was likely to find support at 1.0151, Thursday's low, and resistance at 1.0324, Friday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.55% to hit 1.3121 and AUD/JPY falling 0.76% 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: 05 Dec 2011 07:05 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3373, down 0.22% at time of writing. The pair was likely to find support at 1.3362, today's low, and resistance at 1.3550, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.07% to hit 0.8558 and EUR/JPY falling 0.25% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/JPY Down During Asian Trade Posted: 05 Dec 2011 06:35 PM PST Forexpros – The Euro was lower against the Japanese Yen on Tuesday. EUR/JPY was trading at 104.05, down 0.23% at time of writing. The pair was likely to find support at 103.93, today's low, and resistance at 105.70, Friday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.20% to hit 1.3376 and EUR/GBP falling 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Exports And Imports Are Flip Sides Of Same Coin Posted: 05 Dec 2011 06:23 PM PST In a short pamphlet from the American Enterprise Institute titled “Three Simple Principles of Trade Policy,” economist Douglas A. Irwin writes this about the first simple principle, “A Tax on Imports is a Tax on Exports”: “Any restraint on imports also acts, in effect, as a restraint on exports. If a government undertakes policies that systematically reduce the volume of imports, it also systematically reduces the volume of exports. The converse of this proposition is also true: when a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 05 Dec 2011 06:17 PM PST Bolstered by reckless monetary policies, unwarranted regulatory forebearance, Hollywood-style accounting, and investors’ short memories, the commercial real estate market has in recent times been a bastion of tranquility, attracting the interest of yield-chasing institutions and individuals alike. But some developments suggest the tide is turning. |
Forex – GBP/JPY Down During The Asian Session Posted: 05 Dec 2011 05:45 PM PST Forexpros – The British Pound was lower against the Japanese Yen on Tuesday. GBP/JPY was trading at 121.52, down 0.22% at time of writing. The pair was likely to find support at 121.31, Friday's low, and resistance at 122.66, Friday's high. Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.17% to hit 1.5623 and EUR/GBP falling 0.12% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Milton Friedman: Why Drugs Should Be Legalized Posted: 05 Dec 2011 05:09 PM PST On the 78th anniversary of the end of Prohibition, here’s a classic Milton Friedman interview above where he explains why both alcohol and drugs should be legalized. When asked if it’s not true that the drug problem is an economic problem, Friedman responds: “No, absolutely not, it's primarily a moral problem. It's a problem with the harm which government is doing. I have estimated statistically that the prohibition of drugs produces on the average 10,000 additional homicides per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 05 Dec 2011 12:27 AM PST For a different perspective, it’s always useful to look at a stock chart differently. Consider the following chart whose identifying labels have been removed, would you buy this stock? The pattern certainly looks constructive. The “stock” has certainly been forming a wide saucer base and undergoing an uptrend. Would you buy it? This chart of this second “stock” is similar to the first one, except that the pattern is a little better developed inasmuch as it has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google Inc., 20 West Kinzie, Chicago IL USA 60610 |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home