Monday, April 30, 2012

DailyMarkets.com - Euro Falls As Spain Enters Recession

DailyMarkets.com - Euro Falls As Spain Enters Recession


Euro Falls As Spain Enters Recession

Posted: 30 Apr 2012 07:30 AM PDT

04/30/12 The USD traded higher against the EUR, as the latest EU data showed that Spain’s Q1 2012 contracted by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Japanese Yen Continues Post-US GDP Climb Against US Dollar

Posted: 30 Apr 2012 06:57 AM PDT

Fundamental Headlines
- German Retail Sales Rebound in March on Job Creation – Bloomberg
- Goldman's O'Neill Reported Among Candidates for BoE Chief – Bloomberg
- U.S. Eyes Testy China Talks – Reuters
- Data Deepen Spanish Gloom – WSJ
- Austerity Adds to Spain's Jobless Woes – WSJ
European Session Summary
Last week was exceptionally volatile but Monday's price action has yielded little of that same fervor. In fact, at the time this report was written, all of the majors were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Soybeans Sidestep Commodity Sell-off

Posted: 30 Apr 2012 06:44 AM PDT

Friday, April 27, 2012
Given the potential for rising volatility in Soybean futures this growing season, it may be difficult for many traders to maintain outright long-term positions, as large intraday price swings may not be uncommon given the current supply/demand situation. Traders choosing to establish a bullish position in new-crop November Soybean futures may perhaps wish to explore the purchase of out-of-the-money bull call spreads in Soybean futures options. For example, with November … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Cattle Futures Rebound After Mad Cow Scare

Posted: 30 Apr 2012 06:44 AM PDT

Monday, April 30, 2012
Given the steep sell-off seen prior to the “Mad Cow” report, the panic selling on the day of the USDA announcement may have been a “selling climax”, with prices now at what appears to be oversold levels. Some traders who are expecting a rebound in prices may wish to explore buying bull call spreads in Live Cattle futures options. For example, with the June futures trading at 112.700 as of this writing, the 114 calls could be bought and the 118 calls sold for 1.250, or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


MF Global: “This Was A Massive Theft”

Posted: 30 Apr 2012 05:56 AM PDT

Six months and counting.
The lives of countless numbers of families and individuals are likely forever changed by what transpired at MF Global. Yet there remains no real accounting nor full retribution for the fiasco which unfolded within the walls of the firm that traced its roots to the late 1700s.
Certainly we can expect that trustees and regulators will put forth some thousand page reports trying to detail the minute by minute demise of MF Global. Do you think those reports will mean … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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