DailyMarkets.com - Crude Oil Aiming Higher, Gold Declines As Euro Debt Fears Ease

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• Crude Oil Aiming Higher, Gold Declines As Euro Debt Fears Ease
• Forex – EUR/USD Down In European Trading Hours
• Forex – GBP/USD Up During The European Session
• U.K. PPI Input Falls Unexpectedly
• South Korea Central Bank Keeps Repo Rate At 3.25%
• Central Bank Of Chile Cuts Rate 25bps To 5.00%
• Forex – EUR/GBP Up During The European Session
• Asian Markets Close Higher; Nikkei Up 1.36%
• Bear Of The Day: Guess? Inc. (GES)
• Bull Of The Day: Humana, Inc. (HUM)
• Growth & Income Stock: The Home Depot, Inc.
• Aggressive Growth Stock: Questcor Pharmaceuticals
• Momentum Stock: Rayonier Inc
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Down During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Up During Asian Trade
• Forex Trading: USDSGD Bottom Of Wedge
• Forex – USD/CAD Up In Asian Trading Hours
• Forex – AUD/USD Down During Asian Trade
• Forex Trading: Usd/hkd Forming A Small Wedge In The Hourly Chart.
• ARS Update: Lots Of People Talking About Oppenheimer
• Forex – EUR/USD Up During The Asian Session
• Singapore Stock Market Update For Friday 13 January
• PivotBoss Report For 01/13/12
• Forex – EUR/JPY Up During Asian Trade
• Bad News, Good News?
• Forex – GBP/JPY Up During The Asian Session
• Forex – EUR/USD Up In Asian Trade

Crude Oil Aiming Higher, Gold Declines As Euro Debt Fears Ease Posted: 13 Jan 2012 03:08 AM PST Talking Points Crude Oil Aiming Higher as S&P 500 Futures Hint at Bounce in Risk Appetite Gold Prices Under Pressure on Cautious Moderation in Eurozone Crisis Fears WTI Crude Oil (NY Close): $99.10 // -1.77 // -1.75% European shares are on the upswing and S&P 500 futures point to more of the same as Wall Street comes online in the afternoon, hinting crude oil prices are set to rise after yesterday's selloff amid a broad-based recovery in risk appetite. The drop came after … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down In European Trading Hours Posted: 13 Jan 2012 02:25 AM PST Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.2794, down 0.16% at time of writing. The pair was likely to find support at 1.2662, Wednesday's low, and resistance at 1.2878, today's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8348 and EUR/JPY falling 0.21% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up During The European Session Posted: 13 Jan 2012 01:50 AM PST Forexpros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.K. data on PPI Input. GBP/USD was trading at 1.5348, up 0.10% at time of writing. The pair was likely to find support at 1.5280, Thursday's low, and resistance at 1.5500, Tuesday's high. Earlier in the day, official data showed that Producer price inflation input in the U.K. fell unexpectedly to a seasonally adjusted -0.6% last month from 0.1% in the preceding month. Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.K. PPI Input Falls Unexpectedly Posted: 13 Jan 2012 01:40 AM PST Forexpros – Producer price inflation input in the U.K. fell unexpectedly last month, official data showed on Friday. In a report, National Statistics said that U.K. PPI input fell to a seasonally adjusted -0.6%, from 0.1% in the preceding month. Analysts had expected U.K. PPI input to rise 0.1% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

South Korea Central Bank Keeps Repo Rate At 3.25% Posted: 13 Jan 2012 01:07 AM PST The Bank of Korea held its 7-day repurchase rate steady at 3.25%.  The Bank said: “In Korea, exports have kept up their steady increase, but domestic demand has been subdued with consumption and construction investment decreasing from the previous month. On the employment front, the number of persons employed has sustained its large scale of increase, led by the private sector. The Committee anticipates that domestic economic growth will gradually return to its long-term … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Central Bank Of Chile Cuts Rate 25bps To 5.00% Posted: 13 Jan 2012 12:20 AM PST The Banco Central de Chile cut its monetary policy interest rate by 25 basis points to 5.00% from 5.25% previously.  The Bank noted: “Domestically, output and demand have evolved in line with forecasts in the latest Monetary Policy Report. The labor market is still tight. The money market has normalized, while financing conditions for some agents are tighter than a few months ago. December’s headline and core inflation was higher than expected due to the prices of perishables and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Up During The European Session Posted: 13 Jan 2012 12:15 AM PST Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8370, up 0.14% at time of writing. The pair was likely to find support at 0.8224, Monday's low, and resistance at 0.8376, today's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.36% to hit 1.2860 and EUR/JPY rising 0.28% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Markets Close Higher; Nikkei Up 1.36% Posted: 12 Jan 2012 11:10 PM PST Forexpros – Asian stocks were up after the closing bell on Friday. At the close of Asian trade, Japan's Nikkei 225 index rose 1.36%, Australia's S&P/ASX 200 index gained 0.36%, while Hong Kong's Hang Seng Index was trading 0.28% up. Meanwhile, the outlook for U.S. equity markets was upbeat. Dow Jones Industrial Average futures indicated a gain of 0.14%, S&P 500 futures pointed to an increase of 0.23% and Nasdaq 100 futures indicated a rise of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Guess? Inc. (GES) Posted: 12 Jan 2012 11:00 PM PST We downgraded our recommendation on Guess? Inc. (NYSE:GES) from Neutral to Underperform as its third-quarter 2012 core earnings of $0.71 per share missed both Zacks Consensus Estimate as well as year ago earnings by 28% and 5%, respectively. The current global economic headwinds and the diminishing disposable income of the consumers were responsible for the earnings miss. Same-store sales also declined in the quarter. In the wholesale segment, reorders for the fall collections as well as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Humana, Inc. (HUM) Posted: 12 Jan 2012 11:00 PM PST We are upgrading our recommendation on Humana, Inc. (NYSE:HUM) to Outperform based on its robust top-line growth, sturdy cash position and favorable acquisitions along with the increased membership guidance. Humana’s third-quarter earnings surpassed the Zacks Consensus Estimate and increased guidance for 2011. On January 10, 2012, Humana announced an agreement with St. Vincent’s HealthCare, whereby the members of Humana’s Medicare Advantage plans will be able to use St. Vincent’s programs, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: The Home Depot, Inc. Posted: 12 Jan 2012 11:00 PM PST The Home Depot, Inc. (NYSE:HD) continues to deliver strong results in a challenging environment. It recently reported an 18% increase in EPS year-over-year on a 4.2% increase in same-store sales. Management also raised its earnings guidance and raised its dividend by 16%. And analysts continue to raise their earnings estimates. It is a Zacks #2 Rank (Buy). Strong Third Quarter Results The world’s largest home improvement retailer reported third quarter EPS of 60 cents, beating the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Questcor Pharmaceuticals Posted: 12 Jan 2012 11:00 PM PST Questcor Pharmaceuticals (QCOR) fights the drama and as its earnings estimates move higher making it a Zanks #1 Rank (Strong Buy). Company Description Questcor Pharmaceuticals, Inc., a biopharmaceutical company, provides prescription drugs for the treatment of auto-immune diseases. The company’s primary product is H.P. Acthar Gel (repository corticotropin injection), an injectable drug for the treatment of acute exacerbations of multiple sclerosis; infantile spasms in infants and children under … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Rayonier Inc Posted: 12 Jan 2012 11:00 PM PST Rayonier Inc (NYSE:RYN) Could Rayonier be the best derivative play for the housing market recovery? Company Description & Developments There seems to be ever increasing chatter about the housing recovery.  2012 is supposed to be the year the housing not only stabilizes but begins to work its way higher.  Of course, folks have been saying this since 2009, but who's counting? The reality is that housing prices are still dropping, but they are dropping slower than they have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 12 Jan 2012 10:55 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.2864, up 0.39% at time of writing. The pair was likely to find support at 1.2662, Wednesday's low, and resistance at 1.2878, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8365 and EUR/JPY rising 0.35% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 12 Jan 2012 10:25 PM PST Forexpros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5380, up 0.32% at time of writing. The pair was likely to find support at 1.5280, Thursday's low, and resistance at 1.5500, Tuesday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.10% to hit 0.8366 and GBP/JPY rising 0.26% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 12 Jan 2012 09:55 PM PST Forexpros – The Euro was higher against the Swiss Franc on Friday. EUR/CHF was trading at 1.2115, up 0.10% at time of writing. The pair was likely to find support at 1.2087, Thursday's low, and resistance at 1.2160, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.27% to hit 1.2849 and EUR/JPY rising 0.26% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 12 Jan 2012 09:25 PM PST Forexpros – The U.S. Dollar was lower against the Swiss Franc on Friday. USD/CHF was trading at 0.9439, down 0.07% at time of writing. The pair was likely to find support at 0.9412, Thursday's low, and resistance at 0.9584, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.12% to hit 1.2829 and USD/JPY falling 0.001% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 12 Jan 2012 09:00 PM PST Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8360, up 0.02% at time of writing. The pair was likely to find support at 0.8224, Monday's low, and resistance at 0.8374, Thursday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.12% to hit 1.2830 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 Up During Asian Trade Posted: 12 Jan 2012 08:35 PM PST Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 76.77, up 0.01% at time of writing. The pair was likely to find support at 76.67, Thursday's low, and resistance at 77.04, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.08% to hit 1.2824 and GBP/USD rising 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Bottom Of Wedge Posted: 12 Jan 2012 08:17 PM PST Sitting at the bottom of the long-term wedge below, it will be interesting to see if the USD can reclaim its bid in the market before the support is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 12 Jan 2012 08:10 PM PST Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday. USD/CAD was trading at 1.0191, up 0.001% at time of writing. The pair was likely to find support at 1.0140, Thursday's low, and resistance at 1.0319, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.02% to hit 1.2817 and GBP/USD rising 0.04% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 12 Jan 2012 07:30 PM PST Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday. AUD/USD was trading at 1.0306, down 0.27% at time of writing. The pair was likely to find support at 1.0146, Monday's low, and resistance at 1.0378, Thursday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.29% to hit 1.2439 and AUD/JPY falling 0.21% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Forming A Small Wedge In The Hourly Chart. Posted: 12 Jan 2012 07:18 PM PST usd/hkd forming a small wedge in the hourly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ARS Update: Lots Of People Talking About Oppenheimer Posted: 12 Jan 2012 07:06 PM PST Last we checked on the ARS crisis two months back, we learned that the crowd at Oppenheimer was on pace to repay its ARS holders over the next 50 years. Yep, 50 years. How swell. Well, one lucky Oppenheimer customer will get her money back a lot sooner than that. Who might that be?  Nicole Davi Perry. How so? As the Wall Street Journal reported the other day, Panel Says Oppenheimer Must Buy Back $6 Million in Auction-Rate Securities: Oppenheimer & Co. must buy back nearly $6 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 12 Jan 2012 07:05 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.2817, up 0.03% at time of writing. The pair was likely to find support at 1.2662, Wednesday's low, and resistance at 1.2845, Thursday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8356 and EUR/JPY rising 0.04% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Singapore Stock Market Update For Friday 13 January Posted: 12 Jan 2012 06:49 PM PST Asia stocks rise after successful European bond auctions and comments from the European Central Bank help alleviate some euro-concerns. We are still cautious with the market performance and uncertainty still clouds the market. More shares are slowly turning positive which signify market maybe turning positive. Meantime, please be nimble or stay sideline as market is currently choppy. Resistance at 2,800. Sentiment –> Neutral (slightly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PivotBoss Report For 01/13/12 Posted: 12 Jan 2012 06:46 PM PST Market Outlook The Russell 2000 Index ($RUT) is sitting precisely at a critical inflection point in the charts, which could dictate the next major multi-week trend in this index (and for the broader market in general). Here's why.. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 12 Jan 2012 06:35 PM PST Forexpros – The Euro was higher against the Japanese Yen on Friday. EUR/JPY was trading at 98.39, up 0.02% at time of writing. The pair was likely to find support at 97.44, Wednesday's low, and resistance at 98.56, Thursday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.04% to hit 1.2819 and EUR/GBP falling 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bad News, Good News? Posted: 12 Jan 2012 05:59 PM PST In “Are Americans Getting Healthier?” the Wall Street Journal’s Real Time Economics blog notes an interesting turn of events: Americans might be getting healthier, a development that — if true — could have economic causes and consequences. Obesity may be on the decline.The percentage of Americans who are obese declined from 2010 to 2011, according to a Gallup report released this week. In every quarter of the past year, there were fewer obese Americans than in the same period of 2010, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 12 Jan 2012 05:45 PM PST Forexpros – The British Pound was higher against the Japanese Yen on Friday. GBP/JPY was trading at 117.80, up 0.09% at time of writing. The pair was likely to find support at 117.53, Thursday's low, and resistance at 119.12, Wednesday's high. Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.06% to hit 1.5340 and EUR/GBP falling 0.02% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up In Asian Trade Posted: 12 Jan 2012 05:05 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.2819, up 0.04% at time of writing. The pair was likely to find support at 1.2662, Wednesday's low, and resistance at 1.2845, Thursday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8357 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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