DailyMarkets.com - Paychex Mobile App For IPad

---

• Paychex Mobile App For IPad
• Affymetrix Scoops Up EBioscience
• National Retail Confirms Guidance
• Jacobs’ ‘Unique’ IT Acquisition
• Spotlight On Hepatitis-C Market
• What Was Behind The Sharp Drop In The Unemployment Rate?
• Is $100 Oil Back To Stay?
• Forex Trading: USDJPY Stays Steady.
• Forex Trading: AUDUSD At The Midpoint Of Days Range And Struggles With Direction
• Forex Trading: EURCHF Pounds Against The Days Highs But Finds Profit Takers On The First Test
• Forex Trading: GBPUSD Moves Back Toward The Days Midpoint After Finding Support Against The 200 Hour MA
• WFC May Return More To Shareholders
• UCB Shares Positive Data On Vimpat
• Sara Lee Sheds Bakery Trade
• Comps Rise At Cracker Barrel
• Qualcomm Offers New Solutions
• Tech Data Exits Brazil
• Moody’s Launches New Software
• Cardinal To Outperform
• Stryker Completes TREVO Enrollment
• Raytheon Acquires Pikewerks
• MetLife Is Optimistic About 2012
• Delta Sky Traffic Falls In November
• Pep In Their Step! Pep Boys Posts Profit
• Risk Aversion Returns
• US Stocks Mixed After S&P Warning
• A Slight Slip In Crude
• Forex – Dollar Steady Vs. Counterparts As EU Summit In Focus
• Natural Gas Falls To 2-week Low On Warm East Coast Weather
• Housing Affordability At Record High In October
• Forex – GBP/USD Remains Lower As S&P Threats Linger
• Gold Futures Extend Losses After EFSF Downgrade Threat
• Forex – EUR/USD Gives Up Gains After S&P Warning On EFSF
• Canadian Ivey PMI Rises More-than-expected In November
• U.S. Stocks Mixed To Higher On E.Z. Caution; Dow Jones Up 0.20%
• Forex – USD/CAD Lower After BOC Holds Steady On Rate
• The “Shale Gale” Goes Global With Discoveries In Argentina And China, “Peak Oil” Losing Relevance
• Crude Oil Futures Edge Lower After S&P’s Warning On EFSF
• Carry Trade Erodes After RBA Cut; Bank Of Canada Keeps Rates On Hold
• Stocks In Shock After Downgrade Threats
• Forex – EUR/JPY Lower As S&P Threat Weighs
• Bank Of Canada Leaves Interest Rate Unchanged At 1.00%

Paychex Mobile App For IPad Posted: 06 Dec 2011 10:20 AM PST Paychex Inc. (NASDAQ:PAYX) has introduced a software-as-a-service (SaaS) application that is tailor-made for Apple Inc.'s (NASDAQ:AAPL) iPad. We believe that the launch of this product will give the ace payroll, human resource, and benefits outsourcing solutions provider support to fight its rivals, Automated Data Processing Inc. (NYSE:ADP) and Intuit Inc. (NASDAQ:INTU), whose SaaS-based mobile solutions have already gained share in the market. The newest member of the SaaS-suite, Paychex Online Mobile … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Affymetrix Scoops Up EBioscience Posted: 06 Dec 2011 10:05 AM PST Genetic products maker Affymetrix (NASDAQ:AFFX) recently announced that it has agreed to acquire privately-held eBioscience, a global leader in immunology and oncology flow cytometry reagents, in a deal worth $330 million. San Diego, California-based eBioscience offers a vast selection of antibodies, enzyme-linked immunosorbent assays (ELISAs) and proteins for life science research and diagnostics. It is an industry leader in flow cytometry (a technique for analysing microscopic particles) and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

National Retail Confirms Guidance Posted: 06 Dec 2011 09:50 AM PST National Retail Properties, Inc. (NYSE:NNN), a publicly owned equity real estate investment trust (REIT), has recently reiterated its fiscal 2011 FFO (fund from operations) guidance at $1.54 to $1.56 per share based on the solid performance of its operating property portfolio, strong balance sheet, and accretive effect from property acquisitions. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jacobs’ ‘Unique’ IT Acquisition Posted: 06 Dec 2011 09:36 AM PST In an effort to expand its information technology capabilities, Jacobs Engineering Group Inc. (NYSE:JEC) recently acquired Unique World, an IT services provider in Sydney, Australia. The acquisition allows Jacobs to expand its IT services, while serving the existing customers such as mining and minerals clients, the Defense Department and other public sector agencies and commercial businesses. The acquisition appears to be the company's key expansion strategy in the new and existing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Spotlight On Hepatitis-C Market Posted: 06 Dec 2011 09:36 AM PST Is the hepatitis-C market the next Mecca for the pharma/biotech sector? It seems so if we go by the flurry of activity and heightened interest in this market in the past few quarters. The hepatitis-C virus (HCV) market seems to have caught the eye of several pharma/biotech companies – as evident by the deals being signed for the development of drugs for the treatment of HCV. We are talking about the recent announcements made by big players like Johnson & Johnson (NYSE:JNJ), Bristol-Myers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

What Was Behind The Sharp Drop In The Unemployment Rate? Posted: 06 Dec 2011 09:34 AM PST Monday, December 5, 2011 The recent decline in 10-year note futures prices may be short-lived, as the market appears poised for an upside reversal at least back into the recent trading range between 130-00 and 131-00. Some traders who are expecting a moderate rebound in 10-year note prices may perhaps wish to explore the purchase of a call ratio spread in 10-year Note futures options. For example, with the March 10-year note futures trading at 129-17.0 as of this writing, the February 130 calls … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Is $100 Oil Back To Stay? Posted: 06 Dec 2011 09:34 AM PST Tuesday, December 6, 2011 The price of Crude Oil has risen sharply since prices bottomed out in October, rising more than $25 a barrel from those lows. While encouraging for bulls, many traders have begun to wonder whether a more meaningful correction or period of consolidation may be on the horizon and whether Europe could stall global growth. Technically, 102.50 and 95.00 are two levels for traders to keep a close eye on, as a move outside of these boundaries will likely set the tone for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDJPY Stays Steady. Posted: 06 Dec 2011 09:33 AM PST The USDJPY has remained steady today with the 38.2% of the move up from the November 18th low to the November 29th high at the 77.62 level holding support. The 100 and 200 hour MA are converging 77.78 and 77.72  respectively.  A move above the 77.78 level or move below the 77.66 level should lead to further momentum in the direction of the break. There is rumblings that the JPY remains a "safe haven" currency. I am not so sure and I think the sideways action is saying the market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: AUDUSD At The Midpoint Of Days Range And Struggles With Direction Posted: 06 Dec 2011 09:33 AM PST The RBA cut rates by 25 basis points today and the price of the AUDUSD moved lower. Later it was boosted by better data out of Germany and an overall better tone in the EURUSD.  Now the price has moved to the midpoint of the days trading range at the 1.02119 level and looks for the direction.  The pair is down on the day. The price has also stayed below the 100 day MA over the last week of trading (blue line in the chart below). That level currently comes in at the 1.0300 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURCHF Pounds Against The Days Highs But Finds Profit Takers On The First Test Posted: 06 Dec 2011 09:33 AM PST The EURCHF worked its way to the high for the day but found willing profit takers on the first test. The price has tested the 100 bar MA on the 5 minute chart on 3 separate occasions. The last time was a failed break and this helped lead to the move back higher.  The bulls in the pair will need to have the price break above this level to increase the bullish bias.  The pair is up today on the back of weaker CPI and the potential for another intervention by the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: GBPUSD Moves Back Toward The Days Midpoint After Finding Support Against The 200 Hour MA Posted: 06 Dec 2011 09:33 AM PST The GBPUSD did bounce off of the 200 hour MA (green line in the chart above) for the second time and the bounce has also moved above the broken trendline (see chart above) at the 1.5631 level (see prior post). The price remains contained by the 100 and 200 hour MAs (blue and green lines respectively) suggesting the market traders still struggle with the directional bias for the pair. Buyers are coming in on dips, and sellers are coming in on rallies.  Traders can continue to use the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

WFC May Return More To Shareholders Posted: 06 Dec 2011 09:16 AM PST The shareholders of  Wells Fargo & Company (NYSE:WFC) will now have more reason to feel pleased. According to the CFO's recent statement in the Wall Street Journal, the company will seek approval for a dividend rise and share repurchases at the time of submitting its capital plan for Federal Reserve's fourth round of stress test in January 2012. Since the financial crisis, it's the second time that Wells Fargo is trying to enhance shareholder value. Earlier this year, the company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

UCB Shares Positive Data On Vimpat Posted: 06 Dec 2011 09:01 AM PST UCB (UCBJF) recently reported positive data on antiepileptic drug Vimpat (lacosamide) at the annual meeting of the American Epilepsy Society. The company reported analyses of pooled data from open-label extensions of several phase II/III trials. The data analyzed the long-term effects of Vimpat as an adjunctive therapy for adults with uncontrolled partial-onset seizures. The data demonstrated that the drug was generally well-tolerated and led to decreased partial-onset seizures and consistent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sara Lee Sheds Bakery Trade Posted: 06 Dec 2011 09:01 AM PST Sara Lee Corporation (NYSE:SLE) slimmed down its portfolio yet again as it announced the completion of its sale of its fresh bakery business in Spain and Portugal to Grupo Bimbo SAB. Additionally, Grupo Bimbo also gets to own Sara Lee's seven manufacturing facilities. Grupo Bimbo, considered to be the world's largest bread maker, paid a hefty $153 million for the transfer of business from Sara Lee. The deal was announced in October 2011. The buyout of the bread unit from Sara Lee will help … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Comps Rise At Cracker Barrel Posted: 06 Dec 2011 09:01 AM PST Same-store sales of  Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) for the four-week period ended November 25, 2011 grew 1.2% for restaurants and 2.7% for retail, benefiting from improved traffic and operational performance and compared favorably with the past quarters. In the month of October, retail comps rose 0.2% while restaurant comps inched down 0.2%. In the month of September, comps fell 2.4% in restaurants and 1.7% in retail. In August, comps tumbled 2.5% in restaurants and 3.1% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Qualcomm Offers New Solutions Posted: 06 Dec 2011 09:01 AM PST Qualcomm Inc. (NASDAQ:QCOM), the largest chipset manufacturer for mobile handsets, recently announced its intention of diversifying its business platform by offering complete wireless solution to medical device users through its subsidiary, Qualcomm Life Inc. Qualcomm Life’s maiden offerings, the 2net™ Platform and Hub for wireless medical devices, are now available in the U.S. and are designed  to interconnect wireless medical devices via cloud-based solutions. The applications enable device … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tech Data Exits Brazil Posted: 06 Dec 2011 09:01 AM PST Information technology (IT) products distributor, Tech Data Corp. (TECD) recently announced the discontinuation of its Brazilian operations, effective January 31, 2012. Tech Data cited complex tax, legal and the regulatory environment in the country as the primary factors for the discontinuation. Tech Data will maintain its legal existence in the near term, in order to address its fiscal and legal responsibilities. The move is expected to hurt Tech Data's profitability in 2012. Tech Data … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Moody’s Launches New Software Posted: 06 Dec 2011 09:01 AM PST Moody's Analytics, a subsidiary of Moody's Corp. (MCO) recently launched an updated version of its regulatory capital management solution RiskAuthority. RiskAuthority facilitates calculation, consolidation and reporting of an organization's regulatory credit risk, market risk, operational risk, concentration risk and liquidity risk. The updated version of RiskAuthority is a Basel III compliant. Basel III implementation has become challenging for regulatory, capital and liquidity risk … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cardinal To Outperform Posted: 06 Dec 2011 09:01 AM PST We reiterate our Outperform rating on Cardinal Health (NYSE:CAH). Its first-quarter fiscal 2012 (ended September 30) adjusted earnings per share of 73 cents beat the Zacks Consensus Estimate of 72 cents. Earnings from continuing operations (as reported) dropped about 19% year over year reflecting a previous-year gain from the sale of CareFusion (CFN) shares. Sales for the first quarter rose 10% year over year to $26.8 billion, exceeding the Zacks Consensus Estimate of $26.3 billion. Sales were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stryker Completes TREVO Enrollment Posted: 06 Dec 2011 09:01 AM PST Orthopedic giant Stryker (NYSE:SYK) has completed the patient enrollment for the pivotal TREVO 2 trial, which is evaluating the safety and efficacy of Concentric Medical's next-generation Trevo Retriever for removing blood clot from patients with ischemic stroke, a leading cause of death in the U.S. Stryker completed its acquisition of California-based stroke intervention products maker Concentric in October 2011. Concentric received the U.S. Investigational Device Exemption ("IDE") for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Raytheon Acquires Pikewerks Posted: 06 Dec 2011 09:01 AM PST Raytheon Company (NYSE:RTN) has acquired Pikewerks Corporation, a privately held company, for an undisclosed amount. The acquisition will extend Raytheon’s cybersecurity capabilities to cater to its customer base of intelligence community, Department of Defense and commercial organizations. The transaction will not materially impact Raytheon’s total company sales or earnings per share for the fourth quarter of 2011 or fiscal year 2012. Pikewerks is based in Madison, Alabama, with offices in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MetLife Is Optimistic About 2012 Posted: 06 Dec 2011 09:01 AM PST Yesterday, MetLife Inc. (NYSE:MET) announced its projected operating earnings growth to be about 7% year over year in 2012 and revenues in the range of $5.1–5.6 billion or $4.80–5.20 per share based on average number of shares outstanding of about 1.07 billion. This guidance does not assume share buybacks, which is likely to perk up earnings per share. For full year 2011, MetLife guided operating earnings of $5.2–5.3 billion or $4.83–4.93 per share, contracting from the prior estimation of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Delta Sky Traffic Falls In November Posted: 06 Dec 2011 09:01 AM PST Delta Air Lines Inc. (NYSE:DAL), the second largest U.S. airline, reported a 1.9% year-over-year traffic decline in November due to falling international travel demand. Airline traffic is customarily measured in billions of revenue passenger miles. On a year-over-year basis, consolidated capacity (or available seat miles) fell 4.1% while the load factor (percentage of seats filled by passengers) improved 190 basis points (bps) to 81.4%. Domestic traffic inched up 1.4% year over year on 320 bps … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pep In Their Step! Pep Boys Posts Profit Posted: 06 Dec 2011 08:45 AM PST 12/06/11 Improved tire and services sales allowed Pep Boys to report an earnings and revenue jump during its fiscal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk Aversion Returns Posted: 06 Dec 2011 03:30 AM PST 12/06/11 Following the S&P downgrade warning yesterday, risk aversion has returned to the forex markets this morning, helping push the euro currency lower against the safer-haven … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Stocks Mixed After S&P Warning Posted: 06 Dec 2011 03:10 AM PST 12/06/11 The US equity averages traded mixed with the spotlight on the Euro-zone. S&P placed 15 EU nations and EFSF on negative credit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Slight Slip In Crude Posted: 06 Dec 2011 03:00 AM PST 12/06/11 Led by a rise in the risk aversion pushing the dollar higher, front month crude prices were seeing a slight drop in price this morning but still trading above $100 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Steady Vs. Counterparts As EU Summit In Focus Posted: 06 Dec 2011 07:52 AM PST Forexpros – The U.S. dollar was steady against its major counterparts on Tuesday, as concerns over the ongoing debt crisis in the euro zone weighed on risk appetite after Standard & Poor's placed the rating of the region's bailout fund, the European Financial Stability Facility, on review. During U.S. morning trade, the dollar was up against the euro, with EUR/USD slipping 0.09% to hit 1.3389. S&P placed the triple A rated EFSF on negative watch and flagged a possible two notch … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Falls To 2-week Low On Warm East Coast Weather Posted: 06 Dec 2011 07:49 AM PST Forexpros – Natural gas futures were down for a third day on Tuesday, dropping to the lowest level in more than two weeks as warmer-than-normal winter weather in the U.S. was likely to limit heating demand. On the New York Mercantile Exchange, natural gas futures for January delivery traded at USD3.443 per million British thermal units during U.S. morning trade, shedding 0.51%. It earlier fell by as much as 1.25% to trade at USD3.406 per million British thermal units, the lowest since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Housing Affordability At Record High In October Posted: 06 Dec 2011 07:41 AM PST According to a release today from The National Association of Realtors, the Housing Affordability Index reached a new all-time record high of 197.8 in October (see chart above).   Based on the hypothetical purchase of the median-priced home of $161,600 in October, financed at the average mortgage rate of 4.32% (with a 20% down payment), the median family income of $60,871 was 197.8% of the $30,768 income required to qualify for the financing and the $641 monthly payments (principal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Remains Lower As S&P Threats Linger Posted: 06 Dec 2011 07:30 AM PST Forexpros – The pound edged lower against the U.S. dollar on Tuesday, as Standard and Poor's downgrade warnings weighed on market sentiment ahead of a key European Union summit later this week. GBP/USD hit 1.5592 during U.S. morning trade, the daily low; the pair subsequently consolidated at 1.5621, slipping 0.18%. Cable was likely to find support at 1.5525, the low of November 30 and resistance at 1.5725, the high of December 2. S&P placed the euro zone's bailout fund, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Extend Losses After EFSF Downgrade Threat Posted: 06 Dec 2011 07:22 AM PST Forexpros – Gold futures extended losses on Tuesday, hovering close to the key support level of USD1,700-an-ounce as a Standard & Poor's downgrade warning of the European Financial Stability Facility prompted investors to sell profitable gold positions to raise cash. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,708.45 a troy ounce during U.S. morning trade, tumbling 1.5%. It earlier fell by as much as 1.7% to trade at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Gives Up Gains After S&P Warning On EFSF Posted: 06 Dec 2011 07:13 AM PST Forexpros – The euro turned lower against the U.S. dollar on Tuesday, after Standard & Poor's placed the rating of the euro zone's bailout fund on review pending a possible downgrade, one day after it threatened a mass downgrade of euro zone ratings. EUR/USD pulled back from 1.3427, the daily high, to hit 1.3383 during U.S. morning trade, sliding 0.13%. The pair was likely to find support at 1.3258, the low of November 30 and resistance at 1.3406, the day's high. S&P placed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Canadian Ivey PMI Rises More-than-expected In November Posted: 06 Dec 2011 07:07 AM PST Forexpros – Canada’s Ivey purchasing managers' index rose more-than-expected in November, industry data showed on Tuesday. In a report, the Richard Ivey School of Business said its purchasing managers' index rose by 5.5 points to 59.9 in November from a reading of 54.4 in October. Analysts had expected the index to rise by 0.6 points to 55.0 in November. A figure above 50.0 indicates industry expansion, below indicates contraction. According to the data, the Employment Index declined … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Stocks Mixed To Higher On E.Z. Caution; Dow Jones Up 0.20% Posted: 06 Dec 2011 07:05 AM PST Forexpros – U.S. stocks were mixed to slightly higher on Tuesday, as investors remained cautious after Standard and Poor's threatened to downgrade 15 euro zone countries as well as the single currency bloc's bailout fund, the European Financial Stability Facility. During early U.S. trade, the Dow Jones Industrial Average rose 0.20%, the S&P 500 index edged down 0.01%, while the Nasdaq Composite index advanced 0.29%. S&P placed the EFSF's long-term AAA ratings on watch, adding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Lower After BOC Holds Steady On Rate Posted: 06 Dec 2011 06:48 AM PST Forexpros – The U.S. dollar was lower against its Canadian counterpart on Tuesday, after the Bank of Canada left its benchmark interest rate unchanged in a widely expected decision. USD/CAD hit 1.0126 during early U.S. trade, the daily low; the pair subsequently consolidated at 1.0135, declining 0.27%. The pair was likely to find support at 1.0079, the low of December 2 and resistance at 1.0222, the high of December 1. The BOC left its benchmark interest rate unchanged at 1.00% for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The “Shale Gale” Goes Global With Discoveries In Argentina And China, “Peak Oil” Losing Relevance Posted: 06 Dec 2011 06:43 AM PST 1. Peak Oil Debate Losing Relevance Due to New Upstream Technology — “The debate over whether the world’s reserves of hydrocarbons have now peaked and are in decline has lost relevance over recent years as new technology allows oil companies to find and exploit new hydrocarbon sources, the CEO of Repsol Antonio Brufau said today. Brufau said progress made in exploring and developing ultra-deepwater areas, unconventional oil and gas sources and the move into remote areas such as the Arctic, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures Edge Lower After S&P’s Warning On EFSF Posted: 06 Dec 2011 06:43 AM PST Forexpros – Crude oil futures were modestly lower on Tuesday, after ratings agency Standard & Poor's placed the AAA long-term credit rating of the European Financial Stability Facility on watch for a possible downgrade, a day after it also put 15 euro zone countries on review. On the New York Mercantile Exchange, light, sweet crude futures for delivery in January traded at USD100.69 a barrel during early U.S. morning trade, slumping 0.3%. It earlier fell by as much as 0.7% to trade at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Carry Trade Erodes After RBA Cut; Bank Of Canada Keeps Rates On Hold Posted: 06 Dec 2011 06:38 AM PST Fundamental Headlines • AAA Rated Nations Held Hostage by Crisis Volatility – Bloomberg • Geithner to Add U.S. Weight to Euro-zone Talks – Reuters • Investor Sees Huge Cost to Settle Mortgage Mess – Reuters • Downgrade Threat Damps Euro Markets – WSJ • Europe at Crossroads – WSJ European Session Summary On the recent quizzical rally – markets only moved higher on the central bank intervention, and it was evident this plan was leaked ahead of time as markets gapped open … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks In Shock After Downgrade Threats Posted: 06 Dec 2011 01:15 AM PST 12/06/11 NYFP’s Opening Bell Market Report: Global markets were trading mixed following the downgrade warin of 15 euzne naitons by the S&P … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Lower As S&P Threat Weighs Posted: 06 Dec 2011 06:12 AM PST Forexpros – The euro was lower against the yen on Tuesday, as Standard and Poor's downgrade warning on 15 euro zone states and on the euro zone's bailout fund dampened demand for the single currency. EUR/JPY hit 103.64 during European afternoon trade, the pair's lowest since November 30; the pair subsequently consolidated at 103.95, shedding 0.32%. The pair was likely to find support at 103.68, the low of November 28 and resistance at 105.05, the high of December 1. The ratings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bank Of Canada Leaves Interest Rate Unchanged At 1.00% Posted: 06 Dec 2011 06:07 AM PST Forexpros – The Bank of Canada left its benchmark interest rate unchanged for the tenth consecutive month in December, it announced on Tuesday. In a statement, the central bank said it was leaving its overnight cash rate unchanged at 1.00%, in line with expectations. According to the BoC, uncertainty around the global economic outlook has increased in the weeks since the Bank released its October Monetary Policy Report. Conditions in global financial markets have deteriorated as the … [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