DailyMarkets.com - John Medina Talks The IRC And NYX Pride Ringing The NYSE Opening Bell

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• John Medina Talks The IRC And NYX Pride Ringing The NYSE Opening Bell
• Muted Reaction By Traders To USDA Report
• US Stocks Drift Higher, JPM Shares Rise
• Should It Really Be Illegal To Braid Hair Without First Getting A License From The Government?
• Oil Lower On European Debt Crisis Concerns
• Japanese Yen Leads As Significant Event Risk Approaches – Watch Crude
• Euro Sees Slight Lift
• Producer Price Inflation Eases To Only 0.7% In May, The Smallest Annual Increase In More Than 3.5 Yrs.
• High, Hard Heat For JP Morgan’s Jamie Dimon
• Stocks Take A Hit On European News
• Taxes

John Medina Talks The IRC And NYX Pride Ringing The NYSE Opening Bell Posted: 13 Jun 2012 10:00 AM PDT 06/13/12 06/13/12 John Medina of Moody’s Investor Service discusses the Interbank Roundtable Committee (IRC), its mission, and NYX Pride ringing the NYSE opening bell to commemorate pride … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Muted Reaction By Traders To USDA Report Posted: 13 Jun 2012 08:08 AM PDT Wednesday, June 13, 2012 Tuesday’s USDA Supply/Demand report held few surprises for traders, with the general consensus being that the report was moderately bullish for Soybean futures and neutral to bearish for Corn futures. Many traders will likely now turn their focus to longer-range weather forecasts and the quarterly grain stocks and planted acreage reports due out at the end of June. Fundamentals After a brief bout of volatility just after the USDA released its June Crop Production & … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Stocks Drift Higher, JPM Shares Rise Posted: 13 Jun 2012 08:03 AM PDT 06/13/12 Wall Street came off session lows, and turned higher. Ongoing uncertainty over the Euro zone, and declines in US retail sales and wholesale prices added to cautious market sentiment. JPM share rose as CEO Dimon testifies on Capitol … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Should It Really Be Illegal To Braid Hair Without First Getting A License From The Government? Posted: 13 Jun 2012 07:24 AM PDT NPR’s Planet Money reporter Jacob Goldstein explains “Why It’s Illegal To Braid Hair Without A License” on the NPR website, and in a longer NY Times Magazine article, with the following disturbing factoids: “In 1950, fewer than 5 percent of Americans worked in jobs that required licenses. Today, it's roughly 30 percent, and that number is likely to grow.  There are more than 1,000 licensed professions in the United States. As the country industrialized, state governments wanted to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Lower On European Debt Crisis Concerns Posted: 13 Jun 2012 02:15 AM PDT 06/13/12 Front month crude prices were trading lower in early trade as concerns over Greece’s election, Italy’s rising borrowing costs, and Spain’s banking sector kept investors away from higher-yielding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japanese Yen Leads As Significant Event Risk Approaches – Watch Crude Posted: 13 Jun 2012 07:09 AM PDT Fundamental Headlines - Merkel's Choice Pits European Fate against German Voter Interest – Bloomberg - Rajoy Battles ECB for Loans; Monti Appeals for EU Action – Bloomberg - When Romney wasn't so tough on China – Reuters - Dimon to Fault Controls on Risk – WSJ - Pressure Mounts for Italy's Monti – WSJ Asian/European Session Summary High beta currencies and risk-correlated assets turned higher at the end of yesterday's US session and the rally continued throughout the Asia … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Sees Slight Lift Posted: 13 Jun 2012 02:00 AM PDT 06/13/12 Rumors that European leaders may consider relaxing Greece’s austerity program following the upcoming election has helped the euro see a slight boost in early trade … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Producer Price Inflation Eases To Only 0.7% In May, The Smallest Annual Increase In More Than 3.5 Yrs. Posted: 13 Jun 2012 06:34 AM PDT The BLS reported today on producer prices for May, here are some highlights: 1. Prices for finished goods fell 1% in May from April, and increased annually by only 0.7% through May, the eighth straight month of slowing year-over-year producer inflation following a 7% increase for the 12 months through September 2011.  It was the smallest annual increase in producer price inflation for finished goods since October 2009 more than than three and-a-half years ago (see brown line in chart … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

High, Hard Heat For JP Morgan’s Jamie Dimon Posted: 13 Jun 2012 06:25 AM PDT Most eyes on Wall Street will be fixated this morning on JP Morgan (NYSE:JPM) CEO Jamie Dimon as he provides Congressional testimony and faces questioning atop Capitol Hill. Wall Street banks may be too big to fail, too big to manage properly, and too big to understand for most financial executives. Jamie Dimon is unlike most financial executives. Having worked at JP Morgan (NYSE:JPM) Chase for six years early last decade, I personally witnessed Dimon's amazing level of detailed insight and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Take A Hit On European News Posted: 13 Jun 2012 01:00 AM PDT 06/13/12 Stocks were in the red Wednesday morning as the debt concerns of Spain migrated to Italy on higher borrowing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Taxes Posted: 12 Jun 2012 11:57 PM PDT … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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