Tuesday, June 26, 2012

DailyMarkets.com - US Stocks Edge Lower On Consumer Confidence Dip

DailyMarkets.com - US Stocks Edge Lower On Consumer Confidence Dip


US Stocks Edge Lower On Consumer Confidence Dip

Posted: 26 Jun 2012 08:20 AM PDT

06/26/12 US equities dipped lower after a weaker-than-expected consumer confidence reading. The S&P Case Shiller home price index posted an advance on a monthly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Commodity Currencies Turn Around But Euro Slide Continues

Posted: 26 Jun 2012 07:32 AM PDT

Fundamental Headlines
- Biggest U.S. Banks Curb Loans as Regional Firms Fill Gap – Bloomberg
- Moody's Downgrades 28 Spanish Banks on Sovereign Risk – Bloomberg
- Euro-zone Big Four Confer After Fifth State Seeks Aid – Reuters
- Italy Approves Monte di Paschi Aid – WSJ
- Report Suggests ECB Bank Supervision – WSJ
Asian/European Session Summary
Data was sparse in the overnight (as it is for the most of the week), giving way to some consolidation if not some slight upside in Asian and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hungary Central Bank Keeps Rate Steady At 7%

Posted: 26 Jun 2012 07:23 AM PDT

    The Hungarian Central Bank left is benchmark base rate unchanged at 7.0 percent for the sixth month in a row, as forecast, saying inflation is expected to remain above its target for a “protracted period” even if the economy is first expected to expand in 2013.
    “The volatile risk environment and above-target inflation for an extended period continue to warrant a cautious policy stance,” the Monetary Council of  Magyar Nemzeti Bank said in a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Dollar Jumps, Euro Extends Losses

Posted: 26 Jun 2012 02:00 AM PDT

06/26/12 The euro extended losses against the dollar as Spanish bond yields rose and hopes of the EU summit making progress … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Slightly Higher As Europe Still In Focus

Posted: 26 Jun 2012 01:00 AM PDT

06/26/12 Stocks were higher Tuesday, but caution remains as investors kept their focus on the euro zone debt crisis ahead of a summit later in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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