DailyMarkets.com - Is The “Loonie” Ready To Resume Its Flight?

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• Is The “Loonie” Ready To Resume Its Flight?
• Natural Gas Futures Spike On Bullish Storage Data
• Larry Kudlow: Looming Global Economic Recession

Is The “Loonie” Ready To Resume Its Flight? Posted: 18 Jun 2012 07:31 AM PDT Friday, June 15, 2012 The Canadian Dollar’s recent decline may provide an opportunity for long term bulls on not only the Canadian economy, but for commodities as well, especially once the fear of economic turmoil out of Europe subsides. Fundamentals Sometimes the actions of traders in the financial markets don’t seem to make sense. A case in point is the sell-off in the value of the Canadian Dollar(C$) vs. its larger neighbor to the south. The pundits blame the fall of the Loonie on a “risk … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Futures Spike On Bullish Storage Data Posted: 18 Jun 2012 07:31 AM PDT Monday, June 18, 2012 The sharp run-up in Natural Gas prices may be short-lived, as the market appeared oversold and was poised for a short-covering rally on any “bullish” news. Unless we start to see a dramatic drop in production or a steady increase in demand, especially from industrial users, hedge selling on any rally attempt to near the 3.000 level for front-month futures may overwhelm speculative buying, especially if it is mostly short-covering in nature. Fundamentals After selling off … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Larry Kudlow: Looming Global Economic Recession Posted: 18 Jun 2012 06:54 AM PDT Do you get the sense that despite any and all efforts of central bankers and government officials on the surface, there is an ongoing, powerful, and deflationary force at work gaining momentum along our global economic landscape? Regrettably I think there is no doubt of this simple reality. Regardless of the political outcomes yesterday in Greece, the EU faces daunting prospects. Growth is slowing in the Asian markets and our own economy is staring at an enormous fiscal cliff. Who understands … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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